Morningstar Fund Report  | 01/04/2025Print

Jupiter UK Mid Cap L GBP Acc

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
Jupiter UK Mid Cap L GBP Acc
Fund2.7-40.65.24.10.0
+/-Cat-12.1-18.4-0.7-3.31.2
+/-B’mrk---11.4-2.5-2.1
 
Category: UK Mid-Cap Equity
Category Benchmark: Morningstar UK SMID Cap TME...
Key Stats
NAV
31/03/2025		 GBP 3.41
Day Change -2.26%
Morningstar Category™ UK Mid-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB00B1XG7999
Fund Size (Mil)
28/02/2025		 GBP 342.66
Share Class Size (Mil)
31/03/2025		 GBP 12.55
Max Initial Charge 4.00%
Ongoing Charge
20/03/2025		  1.66%
Morningstar Research
Analyst Report28/02/2025
Morningstar Manager Research,
Morningstar, Inc

Jupiter UK Mid Cap has seen some mishaps that have lowered our conviction. It still benefits from a long-tenured manager and a process that leans to finding companies with high growth prospects. However, the manager's judgment on some...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process24
Performance
Price
Investment Objective: Jupiter UK Mid Cap L GBP Acc
The objective of the fund is to achieve capital growth. In seeking to achieve its investment objective the fund will aim to deliver a return, net of fees, greater than that of the FTSE 250 ex Investment Trust Index over rolling 3 year periods. The Fund invests a minimum of 60% of its Net Asset Value in a portfolio of medium sized UK companies.
Returns
Trailing Returns (GBP)31/03/2025
YTD-4.66
3 Years Annualised-7.72
5 Years Annualised1.10
10 Years Annualised1.01
12 Month Yield 1.32
Management
Manager Name
Start Date
Tim Service
30/11/2023
James Gilbert
30/11/2023
Inception Date
22/02/2002

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE 250 Ex Investment Trust TR GBPMorningstar UK SMID Cap TME NR GBP
Portfolio Profile for  Jupiter UK Mid Cap L GBP Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.020.0095.02
Bond0.000.000.00
Property0.000.000.00
Cash2.110.251.86
Other3.120.003.12
Top 5 Regions%
United Kingdom98.82
United States1.18
Canada0.00
Latin America0.00
Eurozone0.00
Top 5 Sectors%
Consumer Cyclical35.09
Industrials19.20
Financial Services15.78
Communication Services11.07
Real Estate7.89
Top 5 HoldingsSector%
Bellway PLCConsumer CyclicalConsumer Cyclical4.13
Games Workshop Group PLCConsumer CyclicalConsumer Cyclical3.97
Babcock International Group PLCIndustrialsIndustrials3.63
Telecom Plus PLCUtilitiesUtilities3.46
Tritax Big Box Ord3.12
Increase Decrease New since last portfolio
Jupiter UK Mid Cap L GBP Acc
Growth Of 1000 (GBP) 28/02/2025
Fund:  Jupiter UK Mid Cap L GBP Acc
Category:  UK Mid-Cap Equity
Category Index:  Morningstar UK SMID Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 201820192020202120222023202428/02
Price Return-22.1228.7710.032.73-40.565.194.080.05
+/- Category-7.18-2.0512.96-12.07-18.40-0.71-3.271.20
+/- Category Index------11.38-2.53-2.15
% Rank in Category9550697100689015
Trailing Returns (GBP)31/03/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-2.26   -2.71-2.12
1 Week-1.14   -1.58-1.35
1 Month-4.71   -2.89-1.63
3 Months-4.66   -2.20-4.12
6 Months-8.07   -2.38-3.80
YTD-4.66   -1.77-3.71
1 Year-4.43   -6.74-6.91
3 Years Annualised-7.72   -7.16-11.38
5 Years Annualised1.10   -6.73-8.56
10 Years Annualised1.01   -2.82-3.22
 
Category: UK Mid-Cap Equity
Category Index: Morningstar UK SMID Cap TME NR GBP
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20243.831.592.33-3.57
20230.40-0.39-4.3810.00
2022-21.04-18.74-12.265.59
20212.254.271.41-4.98
2020-33.6129.817.0519.26
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowAbove Average1 star
5-YearLowHigh1 star
10-YearLowAbove Average1 star
OverallLowAbove Average1 star
 
Category :  UK Mid-Cap EquityClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev18.12 %
3-Yr Mean Return-5.28 %
 
3-Yr Sharpe Ratio-0.52
 
Modern Portfolio Statistics28/02/202528/02/2025
 Standard IndexBest Fit Index
 Morningstar UK SMID Cap TME NR GBP  Morningstar UK SMID Cap TME NR GBP
3-Yr Beta1.041.04
3-Yr Alpha-10.70-10.70
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 2873-
Market Capitalisation% of Equity
Giant0.00
Large2.37
Medium62.23
Small35.03
Micro0.37
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings13.181.12
Price/Book1.861.15
Price/Sales0.891.01
Price/Cash Flow8.311.09
Dividend-Yield Factor3.671.03
 
Long-Term Projected Earnings Growth8.031.04
Historical Earnings Growth-5.97-0.97
Sales Growth6.761.69
Cash-Flow Growth-0.65-0.07
Book-Value Growth3.331.26
 
Category: UK Mid-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock95.020.0095.02
Bond0.000.000.00
Property0.000.000.00
Cash2.110.251.86
Other3.120.003.12
World Regions28/02/2025
 % of EquityRelative to Category
United States1.180.56
Canada0.000.00
Latin America0.000.00
United Kingdom98.821.06
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: UK Mid-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials1.630.39
Consumer CyclicalConsumer Cyclical35.091.77
Financial ServicesFinancial Services15.780.73
Real EstateReal Estate7.891.20
Consumer DefensiveConsumer Defensive1.430.22
UtilitiesUtilities3.691.77
Communication ServicesCommunication Services11.071.95
EnergyEnergy1.450.76
IndustrialsIndustrials19.200.93
TechnologyTechnology2.780.35
 
Category: UK Mid-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings54
Total Number of Bond Holdings0
Assets in Top 10 Holdings32.68
NameSectorCountry% of Assets
Bellway PLC102United Kingdom4.13
Games Workshop Group PLC102United Kingdom3.97
Babcock International Group PLC310United Kingdom3.63
Telecom Plus PLC207United Kingdom3.46
Tritax Big Box OrdUnited Kingdom3.12
Howden Joinery Group PLC102United Kingdom3.07
Rotork PLC310United Kingdom3.02
Informa PLC308United Kingdom2.93
Shaftesbury Capital PLC104United Kingdom2.69
JTC PLC Ordinary Shares103United Kingdom2.66
 
Increase Decrease New since last portfolio
Category: UK Mid-Cap Equity
 
Management
Name of CompanyJupiter Fund Managers Limited
Phone+44 330 024 0785
Websitehttp://www.jupiteram.com
AddressMillennium Bridge House,2 Lambeth Hill
 London   EC4P 4GG
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date22/02/2002
Fund Advisor(s)
Jupiter Investment Management Limited
Fund ManagerTim Service
Manager Start Date30/11/2023
 
Biography
Tim is the Lead Investment Manager for the UK Small & Mid Cap Equities team. Before joining Jupiter, Tim worked at Merian Global Investors as a UK equity fund manager. Prior to this, he worked at J.P. Morgan where he was an analyst covering European consumer goods. Before this, he was an analyst at ABN Amro, covering the food retail sector. He began his investment career in 2002. Tim has a BA in modern history and is a CFA® charterholder.
Fund ManagerJames Gilbert
Manager Start Date30/11/2023
 
Biography
James is an Investment Manager in the UK Small & Mid Cap Equities team. Before joining Jupiter, James worked at Merian Global Investors as a UK equities analyst. Prior to this, he worked at Canaccord, where he was a support services analyst in a team ranked in the top three in the Extel Survey (2013). He began his investment career at Deutsche Bank as a graduate trainee in 2008. James has a BA in economics & management. He is a CFA® charterholder.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge4.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Chargen/a
Ongoing Charge1.66%
Purchase Details
Minimum Investments
Initial500  GBP
Additional250  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes