Morningstar Fund Report  | 13/04/2025Print

JPMorgan Funds - US Growth Fund X (acc) - USD

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
JPMorgan Funds - US Growth Fund X (acc) - USD
Fund21.1-16.329.237.6-13.3
+/-Cat-0.85.22.612.3-2.8
+/-B’mrk-6.37.0-2.82.4-1.1
 
Category: US Large-Cap Growth Equity
Category Benchmark: Morningstar US LM Brd Growt...
Key Stats
NAV
11/04/2025		 USD 95.51
Day Change -0.92%
Morningstar Category™ US Large-Cap Growth Equity
ISIN LU0143839131
Fund Size (Mil)
11/04/2025		 USD 5556.20
Share Class Size (Mil)
11/04/2025		 USD 270.85
Max Initial Charge -
Ongoing Charge
18/07/2024		  0.15%
Investment Objective: JPMorgan Funds - US Growth Fund X (acc) - USD
The investment objective of the fund is to provide long-term capital growth by investing primarily in a growth style biased portfolio of US companies. At least 51% of assets are invested in companies with positive environmental and/or social characteristics that follow good governance practices as measured through the Investment Manager's proprietary ESG scoring methodology and/or third party data. The Sub-Fund invests at least 20% of assets excluding Ancillary Liquid Assets, Deposits with Credit Institutions, money market instruments, money market funds and derivatives for EPM, in Sustainable Investments.
Returns
Trailing Returns (GBP)11/04/2025
YTD-16.10
3 Years Annualised11.45
5 Years Annualised17.83
10 Years Annualised17.36
12 Month Yield 0.00
Management
Manager Name
Start Date
Giri Devulapally
20/12/2010
Joseph Wilson
17/02/2017
Click here to see others
Inception Date
22/09/2005

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Russell 1000 Growth NR USDMorningstar US LM Brd Growth NR USD
Portfolio Profile for  JPMorgan Funds - US Growth Fund X (acc) - USD28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock93.310.0093.31
Bond0.000.000.00
Property0.000.000.00
Cash8.051.356.69
Other0.000.000.00
Top 5 Regions%
United States96.39
Asia - Emerging1.01
Canada0.99
Latin America0.82
Asia - Developed0.73
Top 5 Sectors%
Technology36.96
Communication Services18.53
Consumer Cyclical17.88
Financial Services10.17
Healthcare8.19
Top 5 HoldingsSector%
NVIDIA CorpTechnologyTechnology6.81
Amazon.com IncConsumer CyclicalConsumer Cyclical6.76
Microsoft CorpTechnologyTechnology6.65
Meta Platforms Inc Class ACommunication ServicesCommunication Services6.57
Apple IncTechnologyTechnology5.35
Increase Decrease New since last portfolio
JPMorgan Funds - US Growth Fund X (acc) - USD
Growth Of 1000 (GBP) 31/03/2025
Fund:  JPMorgan Funds - US Growth Fund X (acc) - USD
Category:  US Large-Cap Growth Equity
Category Index:  Morningstar US LM Brd Growth NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return6.5334.1551.8921.10-16.2829.2537.61-13.30
+/- Category4.196.9320.74-0.825.242.5612.26-2.77
+/- Category Index2.184.8219.98-6.256.98-2.782.42-1.09
% Rank in Category2029693141485
Trailing Returns (GBP)11/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.92   0.45-2.02
1 Week1.36   -1.21-5.41
1 Month-4.28   0.79-0.63
3 Months-17.07   0.120.08
6 Months-8.01   0.34-0.74
YTD-16.10   -0.60-0.57
1 Year-1.60   2.06-1.83
3 Years Annualised11.45   5.622.26
5 Years Annualised17.83   6.352.96
10 Years Annualised17.36   5.213.28
 
Category: US Large-Cap Growth Equity
Category Index: Morningstar US LM Brd Growth NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-13.30---
202416.768.11-5.1814.97
20235.9210.981.947.86
2022-6.72-13.6610.18-5.66
2021-0.138.554.496.90
2020-5.1234.8112.815.26
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighAverage5 star
5-YearHighAverage5 star
10-YearHighAbove Average5 star
OverallHighAbove Average5 star
 
Category :  US Large-Cap Growth EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev17.31 %
3-Yr Mean Return13.06 %
 
3-Yr Sharpe Ratio0.48
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar US LM Brd Growth NR USD  Morningstar US LM Brd Growth NR USD
3-Yr Beta0.850.85
3-Yr Alpha2.712.71
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 593401-
Market Capitalisation% of Equity
Giant64.93
Large28.68
Medium6.30
Small0.09
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings28.510.98
Price/Book7.471.09
Price/Sales4.460.88
Price/Cash Flow19.070.97
Dividend-Yield Factor0.691.06
 
Long-Term Projected Earnings Growth12.490.98
Historical Earnings Growth19.261.07
Sales Growth12.461.18
Cash-Flow Growth17.830.97
Book-Value Growth14.041.04
 
Category: US Large-Cap Growth Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock93.310.0093.31
Bond0.000.000.00
Property0.000.000.00
Cash8.051.356.69
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States96.391.01
Canada0.990.80
Latin America0.821.41
United Kingdom0.000.00
Eurozone0.060.05
Europe - ex Euro0.000.00
Europe - Emerging0.00-
Africa0.00-
Middle East0.000.00
Japan0.00-
Australasia0.00-
Asia - Developed0.731.82
Asia - Emerging1.014.83
 
Category: US Large-Cap Growth Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials0.070.06
Consumer CyclicalConsumer Cyclical17.881.16
Financial ServicesFinancial Services10.171.02
Consumer DefensiveConsumer Defensive3.391.20
HealthcareHealthcare8.190.72
Communication ServicesCommunication Services18.531.50
EnergyEnergy0.460.53
IndustrialsIndustrials4.340.73
TechnologyTechnology36.960.95
 
Category: US Large-Cap Growth Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings74
Total Number of Bond Holdings0
Assets in Top 10 Holdings51.28
NameSectorCountry% of Assets
NVIDIA Corp311United States6.81
Amazon.com Inc102United States6.76
Microsoft Corp311United States6.65
Meta Platforms Inc Class A308United States6.57
Apple Inc311United States5.35
JPM USD Liquidity LVNAV X (dist.)Luxembourg5.11
Alphabet Inc Class C308United States4.49
Netflix Inc308United States3.46
Mastercard Inc Class A103United States3.35
Tesla Inc102United States2.74
 
Increase Decrease New since last portfolio
Category: US Large-Cap Growth Equity
 
Management
Name of CompanyJPMorgan Asset Management (Europe) S.à r.l.
Phone+352 34 101
Websitehttp://www.jpmorganassetmanagement.com
AddressEuropean Bank & Business Centre 6, route de Trèves
 Luxembourg   L-2633
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date22/09/2005
Fund Advisor(s)
J.P. Morgan Investment Management, Inc.
Fund ManagerGiri Devulapally
Manager Start Date20/12/2010
Education
University of Illinois, B.S.
University of Chicago, M.B.A.
 
Biography
Mr. Devulapally is a Managing Director at J.P. MORGAN INVESTMENT MANAGEMENT INC and a portfolio manager in the JPMorgan U.S. Equity Group. He has been with the firm since 2003. Prior to joining the firm, he worked for T. Rowe Price for six years, where he was an analyst specializing in technology and telecommunications. Giri received a B.S. in electrical engineering from the University of Illinois and an M.B.A. with a concentration in finance from the University of Chicago. He is a CFA charterholder.
Fund ManagerJoseph Wilson
Manager Start Date17/02/2017
Education
University of St. Thomas, M.B.A.
University of St. Thomas, B.A.
 
Biography
Joseph Wilson, executive director, is a research analyst and portfolio manager within the U.S. Equity group. An employee since 2014, Joe is responsible for the technology sector for JPMorgan’s large cap growth portfolios.He is also a co-portfolio manager on the J.P. Morgan U.S. Technology Strategy. Prior to joining the firm, Joe spent six years as a buy side analyst for UBS Global Asset Management, wherehe covered the technology sector for the Large Cap Growth team from 2010 to 2014, and the Mid Cap Growth team in 2009. Prior to that, Joe worked at RBC Capital Markets as a sell side research associate covering enterprise, infrastructure, and security software. Joe holds a B.A. in Finance from the University of St. Thomas and an M.B.A. from the University of St. Thomas Opus College of Business.
Fund ManagerHolly Morris
Manager Start Date23/05/2024
 
Biography
Ms. Fleiss is a Managing Director at JPMIM and a co-portfolio manager in the JPMorgan U.S. Equity Group. She has been with the firm since 2012.
Fund ManagerLarry Lee
Manager Start Date23/05/2024
Education
Stanford University, B.A.
University of Chicago, M.B.A.
 
Biography
Larry H. Lee, managing director, is a research analyst and portfolio manager within the U.S. Equity Group. Mr. Lee joined JPMorgan in 2006 and covers the financials and business services sector; he is also a co-portfolio manager of the JPMorgan Large Cap Growth Strategy. He holds a B.A. in Economics from Stanford University and an M.B.A. from University of Chicago.
Fund ManagerRobert Maloney
Manager Start Date23/05/2024
 
Biography
Robert Maloney, executive director, is a research analyst within the U.S. Equity Group. An employee since 2013, Robert is responsible for the industrials and energy sectors for the J.P. Morgan Large Cap Growth Strategy. Prior to joining the firm, Robert spent ten years as a sell side analyst at Morgan Stanley and Credit Suisse. At Morgan Stanley Robert served as the lead associate on their Large Cap Industrials team and later as the senior analyst covering Small/Mid Cap Industrials. Robert also worked as the industrials trading desk analyst at Morgan Stanley and Credit Suisse covering a broad-range of industrial verticals. Prior to that Robert worked as a consultant to the US Department of Defense and the United Nations. Robert holds a B.A. in International Politics from the Georgetown University School of Foreign Service. He is a member of the CFA Institute and a CFA charterholder.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Chargen/a
Ongoing Charge0.15%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes