Morningstar Fund Report  | 01/04/2025Print

JPM UK Equity Core Fund E - Net Accumulation

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
JPM UK Equity Core Fund E - Net Accumulation
Fund19.30.77.59.76.6
+/-Cat1.32.8-0.71.20.5
+/-B’mrk---0.1-0.1-0.8
 
Category: UK Large-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
31/03/2025		 GBP 5.28
Day Change -1.69%
Morningstar Category™ UK Large-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB00B55QSH09
Fund Size (Mil)
31/03/2025		 GBP 1194.00
Share Class Size (Mil)
31/03/2025		 GBP 189.78
Max Initial Charge -
Ongoing Charge
01/01/2024		  0.30%
Investment Objective: JPM UK Equity Core Fund E - Net Accumulation
To provide capital growth and outperform the FTSE™ All-Share Index (Net) over the long- term (5-10 years), after fees, by investing at least 80% of the Fund's assets in a portfolio of UK companies. At least 80% of assets invested in equities of companies that are domiciled, or carrying out the main part of their economic activity, in the UK.
Returns
Trailing Returns (GBP)31/03/2025
YTD4.29
3 Years Annualised6.95
5 Years Annualised12.54
10 Years Annualised6.32
12 Month Yield 3.18
Management
Manager Name
Start Date
James Illsley
01/07/2013
Anthony Lynch
29/09/2017
Click here to see others
Inception Date
01/02/2011

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE All Share NR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  JPM UK Equity Core Fund E - Net Accumulation28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.920.0095.92
Bond0.120.000.12
Property0.000.000.00
Cash3.731.582.15
Other1.910.101.81
Top 5 Regions%
United Kingdom96.47
Europe - ex Euro2.26
United States0.88
Middle East0.25
Eurozone0.04
Top 5 Sectors%
Financial Services22.94
Industrials16.90
Consumer Defensive14.64
Healthcare11.66
Energy10.10
Top 5 HoldingsSector%
AstraZeneca PLCHealthcareHealthcare7.11
HSBC Holdings PLCFinancial ServicesFinancial Services6.76
Shell PLCEnergyEnergy6.63
Unilever PLCConsumer DefensiveConsumer Defensive4.34
JPM GBP Liquidity LVNAV X (dist.)3.38
Increase Decrease New since last portfolio
JPM UK Equity Core Fund E - Net Accumulation
Growth Of 1000 (GBP) 28/02/2025
Fund:  JPM UK Equity Core Fund E - Net Accumulation
Category:  UK Large-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 201820192020202120222023202428/02
Price Return-10.6020.87-9.6319.250.737.489.716.64
+/- Category-0.781.53-0.531.282.80-0.731.210.48
+/- Category Index------0.15-0.11-0.77
% Rank in Category7130441539672147
Trailing Returns (GBP)31/03/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.69   -2.09-1.62
1 Week-1.03   -1.41-1.30
1 Month-2.20   -0.88-1.08
3 Months4.29   -0.43-2.26
6 Months3.57   0.78-1.43
YTD4.29   -0.11-1.92
1 Year10.00   0.35-2.77
3 Years Annualised6.95   0.38-1.16
5 Years Annualised12.54   0.92-0.24
10 Years Annualised6.32   0.950.26
 
Category: UK Large-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20244.014.711.43-0.69
20232.68-0.542.512.67
20221.24-5.72-3.379.21
20216.045.513.033.45
2020-26.0711.73-2.0511.69
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average4 star
5-YearAbove AverageAverage4 star
10-YearAbove AverageAverage4 star
Overall*Above AverageAverage4 star
 
Category :  UK Large-Cap EquityClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev10.63 %
3-Yr Mean Return9.45 %
 
3-Yr Sharpe Ratio0.49
 
Modern Portfolio Statistics28/02/202528/02/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  FTSE AllSh TR GBP
3-Yr Beta0.930.94
3-Yr Alpha0.380.56
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 30038-
Market Capitalisation% of Equity
Giant44.54
Large28.61
Medium17.45
Small8.22
Micro1.18
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings12.130.94
Price/Book1.760.98
Price/Sales1.100.92
Price/Cash Flow8.350.97
Dividend-Yield Factor3.611.01
 
Long-Term Projected Earnings Growth7.530.85
Historical Earnings Growth10.7653.63
Sales Growth5.381.05
Cash-Flow Growth1.793.80
Book-Value Growth4.501.07
 
Category: UK Large-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock95.920.0095.92
Bond0.120.000.12
Property0.000.000.00
Cash3.731.582.15
Other1.910.101.81
World Regions28/02/2025
 % of EquityRelative to Category
United States0.880.57
Canada0.010.27
Latin America0.030.28
United Kingdom96.471.01
Eurozone0.040.03
Europe - ex Euro2.261.61
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.254.36
Japan0.000.00
Australasia0.000.00
Asia - Developed0.020.24
Asia - Emerging0.030.26
 
Category: UK Large-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials5.621.01
Consumer CyclicalConsumer Cyclical7.540.87
Financial ServicesFinancial Services22.941.02
Real EstateReal Estate1.951.00
Consumer DefensiveConsumer Defensive14.641.06
HealthcareHealthcare11.660.97
UtilitiesUtilities4.241.13
Communication ServicesCommunication Services2.740.66
EnergyEnergy10.101.10
IndustrialsIndustrials16.901.07
TechnologyTechnology1.670.68
 
Category: UK Large-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings176
Total Number of Bond Holdings0
Assets in Top 10 Holdings41.36
NameSectorCountry% of Assets
AstraZeneca PLC206United Kingdom7.11
HSBC Holdings PLC103United Kingdom6.76
Shell PLC309United Kingdom6.63
Unilever PLC205United Kingdom4.34
JPM GBP Liquidity LVNAV X (dist.)Luxembourg3.38
BP PLC309United Kingdom2.87
RELX PLC310United Kingdom2.86
Rolls-Royce Holdings PLC310United Kingdom2.56
British American Tobacco PLC205United Kingdom2.43
GSK PLC206United Kingdom2.42
 
Increase Decrease New since last portfolio
Category: UK Large-Cap Equity
 
Management
Name of CompanyJPMorgan Funds Limited
Phone+44 1268 44 44 70
Websitewww.jpmorgan.co.uk/investor
Address60 Victoria Embankment
 London   EC4Y 0JP
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date01/02/2011
Fund Advisor(s)
JP Morgan Asset Management (UK) Ltd
Fund ManagerJames Illsley
Manager Start Date01/07/2013
 
Biography
James Illsley, managing director, is a portfolio manager in the J.P. Morgan Asset Management European Equity Group. He manages retail, institutional and charity portfolios. An employee since 1999, James was previously a UK equity portfolio manager and director with Prudential Portfolio Managers UK (Ltd). James obtained an M.Eng in Mechanical and Nuclear Engineering from London University.
Fund ManagerAnthony Lynch
Manager Start Date29/09/2017
 
Biography
Anthony Lynch, vice president,is a portfolio manager within the J.P. Morgan Asset Management European Equity Group and co-manages The Mercantile Investment Trust, specialising in smaller and mid-sized UK equities. Anthony joined in 2009, initially as an analyst, and now co-manages the Investment Trust. Prior to this he obtained a B.A. (Hons) in Economics from Durham University. He is a CFA charterholder.
Fund ManagerRichard Morillot
Manager Start Date31/03/2024
 
Biography
Mr. Morillot has been responsible for the implementation of portfolios in the J.P. Morgan Asset Management European Equity Group since 2013. Prior to joining the firm in 2013, he worked in trading and quantitative research at Blackrock from 2011 to 2013. Prior to that, Mr. Morillot was an equity quantitative analyst with Bank of America Merrill Lynch.
Fund ManagerCallum Abbott
Manager Start Date29/09/2017
Fund ManagerChristopher Llewelyn
Manager Start Date01/02/2011
 
Biography
Christopher Llewelyn, executive director, is a portfolio manager within the J.P. Morgan Asset Management European Equity Group. An employee since 1985, Chris was previously head of the statistics group. Prior to this, he was responsible for the management of index funds and performance analysis in the quantitative portfolios group. Before this, Chris was head of the investment information department at Save and Prosper. Chris obtained an H.N.D. in Business Studies from London Guildhall University.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.25%
Ongoing Charge0.30%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional100  GBP
Savings100  GBP
Tax Free Savings Schemes
ISAsYes