Morningstar Fund Report  | 02/04/2025Print

JPM Global Unconstrained Equity Fund C - Net Accumulation

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
JPM Global Unconstrained Equity Fund C - Net Accumulation
Fund18.1-19.421.121.60.3
+/-Cat3.5-1.35.16.4-0.8
+/-B’mrk0.0-0.5-1.2-2.40.5
 
Category: Global Large-Cap Growth Equity
Category Benchmark: Morningstar Gbl Growth TME ...
Key Stats
NAV
01/04/2025		 GBP 4.20
Day Change 0.74%
Morningstar Category™ Global Large-Cap Growth Equity
IA (formerly IMA) Sector Global
ISIN GB00B235QT61
Fund Size (Mil)
01/04/2025		 GBP 496.75
Share Class Size (Mil)
01/04/2025		 GBP 228.75
Max Initial Charge -
Ongoing Charge
01/01/2025		  0.83%
Investment Objective: JPM Global Unconstrained Equity Fund C - Net Accumulation
To provide capital growth over the long- term (5-10 years) by investing throughout the world in any economic sector. At least 80% of assets invested in equities of companies globally, including emerging markets. The Fund may invest in small capitalisation companies. The Fund is concentrated in a limited number of securities and may also be concentrated from time to time in markets or sectors.
Returns
Trailing Returns (GBP)01/04/2025
YTD-6.04
3 Years Annualised8.82
5 Years Annualised14.39
10 Years Annualised10.72
12 Month Yield 0.57
Management
Manager Name
Start Date
Rajesh Tanna
30/12/2022
Caroline Keen
31/01/2020
Click here to see others
Inception Date
20/08/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI NR GBPMorningstar Gbl Growth TME NR USD
Portfolio Profile for  JPM Global Unconstrained Equity Fund C - Net Accumulation28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.150.0097.15
Bond0.000.000.00
Property0.000.000.00
Cash3.080.232.85
Other0.000.000.00
Top 5 Regions%
United States62.85
Eurozone16.16
United Kingdom6.30
Europe - ex Euro5.29
Asia - Developed4.58
Top 5 Sectors%
Technology27.27
Financial Services18.79
Consumer Cyclical16.95
Industrials10.31
Healthcare7.55
Top 5 HoldingsSector%
Microsoft CorpTechnologyTechnology5.68
Amazon.com IncConsumer CyclicalConsumer Cyclical4.49
NVIDIA CorpTechnologyTechnology4.33
Meta Platforms Inc Class ACommunication ServicesCommunication Services4.09
Mastercard Inc Class AFinancial ServicesFinancial Services3.62
Increase Decrease New since last portfolio
JPM Global Unconstrained Equity Fund C - Net Accumulation
Growth Of 1000 (GBP) 28/02/2025
Fund:  JPM Global Unconstrained Equity Fund C - Net Accumulation
Category:  Global Large-Cap Growth Equity
Category Index:  Morningstar Gbl Growth TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 201820192020202120222023202428/02
Price Return-5.7124.2932.9618.08-19.4321.1521.590.27
+/- Category-0.970.069.263.52-1.355.126.40-0.84
+/- Category Index---0.02-0.45-1.16-2.360.52
% Rank in Category4355153766222067
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.74   2.42-0.09
1 Week-3.20   -0.030.43
1 Month-6.29   1.071.32
3 Months-6.04   0.581.82
6 Months-2.64   -1.10-2.56
YTD-6.04   0.581.80
1 Year0.33   1.86-3.20
3 Years Annualised8.82   5.262.06
5 Years Annualised14.39   4.090.34
10 Years Annualised10.72   1.59-0.41
 
Category: Global Large-Cap Growth Equity
Category Index: Morningstar Gbl Growth TME NR USD
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
202413.874.01-1.494.22
20236.423.400.699.33
2022-11.97-12.214.29-0.03
20211.449.303.173.23
2020-7.2521.568.029.17
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageBelow Average5 star
5-YearAbove AverageBelow Average5 star
10-YearAbove AverageAbove Average4 star
Overall*Above AverageAverage5 star
 
Category :  Global Large-Cap Growth EquityClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev11.28 %
3-Yr Mean Return13.14 %
 
3-Yr Sharpe Ratio0.76
 
Modern Portfolio Statistics28/02/202528/02/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Growth TME NR USD  Morningstar Gbl Growth TME NR USD
3-Yr Beta0.830.83
3-Yr Alpha1.621.62
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 191055-
Market Capitalisation% of Equity
Giant52.18
Large44.00
Medium3.83
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings20.340.84
Price/Book4.070.82
Price/Sales3.280.88
Price/Cash Flow13.670.83
Dividend-Yield Factor1.811.59
 
Long-Term Projected Earnings Growth11.381.01
Historical Earnings Growth12.500.93
Sales Growth9.211.02
Cash-Flow Growth11.300.93
Book-Value Growth7.980.71
 
Category: Global Large-Cap Growth Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.150.0097.15
Bond0.000.000.00
Property0.000.000.00
Cash3.080.232.85
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States62.850.95
Canada0.000.00
Latin America0.000.00
United Kingdom6.301.23
Eurozone16.161.52
Europe - ex Euro5.290.99
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan4.141.34
Australasia0.000.00
Asia - Developed4.581.25
Asia - Emerging0.670.26
 
Category: Global Large-Cap Growth Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials5.231.86
Consumer CyclicalConsumer Cyclical16.951.37
Financial ServicesFinancial Services18.791.27
Consumer DefensiveConsumer Defensive1.700.34
HealthcareHealthcare7.550.55
UtilitiesUtilities2.302.57
Communication ServicesCommunication Services5.650.68
EnergyEnergy4.265.35
IndustrialsIndustrials10.310.95
TechnologyTechnology27.270.92
 
Category: Global Large-Cap Growth Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings59
Total Number of Bond Holdings0
Assets in Top 10 Holdings35.76
NameSectorCountry% of Assets
Microsoft Corp311United States5.68
Amazon.com Inc102United States4.49
NVIDIA Corp311United States4.33
Meta Platforms Inc Class A308United States4.09
Mastercard Inc Class A103United States3.62
Lvmh Moet Hennessy Louis Vuitton SE102France2.99
Taiwan Semiconductor Manufacturing Co... 311Taiwan2.91
JPM USD Liquidity LVNAV X (dist.)Luxembourg2.89
McDonald's Corp102United States2.43
Linde PLC101United States2.35
 
Increase Decrease New since last portfolio
Category: Global Large-Cap Growth 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 Date20/08/2012
Fund Advisor(s)
JP Morgan Asset Management (UK) Ltd
Fund ManagerRajesh Tanna
Manager Start Date30/12/2022
 
Biography
Rajesh Tanna, Managing Director, is a portfolio manager for the J.P. Morgan Asset Management European Equity Group – Europe Research Driven Process (RDP) Team. Raj moved to J.P. Morgan Asset Management from J.P. Morgan Private Bank in September 2016, where he was also a European equity portfolio manager. An employee since 2011, Raj joined the Private Bank as a European Equity Strategist. Previously, Raj worked as a long-only European equity portfolio manager for 11 years predominantly with Credit Suisse, where he also held a position as a risk manager. Raj also spent 18 months as a portfolio manager with a small asset management boutique, FOUR Capital. Raj holds a BA in Economics and International Studies, and a Master's degree in Management Science and Operational Research, both from Warwick Business School. He is a CFA Charterholder.
Fund ManagerCaroline Keen
Manager Start Date31/01/2020
Education
st john's college,Oxford university, B.A.
 
Biography
Caroline Keen, vice president, is a portfolio manager in the International Equity Group, based in London. Caroline is responsible for global equity strategies including Global Unconstrained. Prior to joining JP Morgan, Caroline spent a decade at Newton Investment Management, where she was a port-folio manager on the Emerging Markets and Asia equity team with responsibility for Asia Pacific ex Japan Portfolios. She began her career at BlackRock. Caroline joined our team in 2019 and holds a B.A. degree in Politics, Philosophy and Economics from St. John's College, Oxford. She is a CFA charterholder.
Fund ManagerTimothy Woodhouse
Manager Start Date31/12/2023
Education
University of York, BSc
 
Biography
Tim Woodhouse, executive director, is a portfolio manager in the  International Equity Group , based in New York. An employee since 2008, he was previously a research analyst in the European Equity Research Team, in London, working in the TMT sector. Tim obtained a BSc (Hons) in Economics from the University of York. Tim is a CFA charterholder.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge0.83%
Purchase Details
Minimum Investments
Initial5000000  GBP
Additional100000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes