The Fund aims to invest primarily in the shares of companies throughout the world engaged in the production and marketing of commodities. The fund aims to provide capital growth over the long term.
Fund Manager
Christopher Korpanmanager
for
7 years
and 5 months
Christopher Korpan, Executive Director, is a global sector specialist in the J.P. Morgan Asset Management International Equity Group – Global Specialist Team, based in London. An employee since 2010, he specializes in Natural Resources, within the materials sector. Before joining J.P. Morgan, he worked as a business analyst at Lundin Mining Corporation and as a geologist at Bema Gold Corporation. Christopher obtained an MSc in Metals and Energy Finance from Imperial College London and a BSc Geology (Hons) from Edinburgh University, and is a CFA charterholder.
Neil Gregsonmanager
for
12 years
and 5 months
Neil Gregson, Managing Director, is a portfolio manager in the J.P. Morgan Asset Management International Equity Group – Global Specialist Team, based in London, and is a member of the team responsible for global natural resources mandates. Neil joined the team in September 2010 from CQS Asset Management where he was a Senior Portfolio Manager and Head of the Long-Only Business, with particular focus on the natural resources sector. Prior to this, Neil was the head of Emerging Markets at Credit Suisse Asset Management where he managed gold and resource equity funds. Neil began his career holding various positions at mining and resource companies, including a role as a mining investment analyst at South African company Gold Fields. He is a qualified mining engineer and holds a BSc in Mining Engineering from Nottingham University.
Fund Overview
Mid (26/07/2024)
1045.00p
Historic yield
2.85%
Fund size (30/04/2024)
£935.13m
Number of holdings
179
Entry Charge
0.00%
Ongoing Charges
0.83%
Launch date
08/10/2012
Asset Allocation
International Equities
79.40%
UK Equities
18.96%
Cash and Equivalents
1.28%
Alternative Trading Strategies
0.23%
Money Market
0.06%
International Bonds
0.05%
UK Corporate Bonds
0.01%
Other Assets
0.01%
Portfolio data accurate as at: 30/04/24
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Portfolio data accurate as at:
Asset Allocation
International Equities
79.40%
UK Equities
18.96%
Cash and Equivalents
1.28%
Alternative Trading Strategies
0.23%
Money Market
0.06%
International Bonds
0.05%
UK Corporate Bonds
0.01%
Other Assets
0.01%
Equity Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Basic Materials
51.87%
-
-
-
Basic Resources
-
51.87%
-
-
Industrial Metals & Mining
-
-
37.10%
-
General Mining
-
-
-
19.22%
Copper
-
-
-
7.40%
Iron & Steel
-
-
-
6.62%
Nonferrous Metals
-
-
-
2.79%
Aluminum
-
-
-
1.06%
Precious Metals & Mining
-
-
14.78%
-
Gold Mining
-
-
-
14.30%
Platinum & Precious Metals
-
-
-
0.48%
Energy
46.49%
-
-
-
Energy
-
46.49%
-
-
Non-Renewable Energy
-
-
46.49%
-
Integrated Oil & Gas
-
-
-
23.08%
Oil: Crude Producers
-
-
-
13.02%
Oil Refining and Marketing
-
-
-
5.77%
Pipelines
-
-
-
2.91%
Oil Equipment & Services
-
-
-
0.87%
Coal
-
-
-
0.84%
Cash and Equivalents
1.34%
-
-
-
Alternative Trading Strategies
0.23%
-
-
-
Alternative Trading Strategies
-
0.23%
-
-
Alternative Trading Strategies
-
-
0.23%
-
Alternative Trading Strategies
-
-
-
0.23%
Bonds
0.06%
-
-
-
Non-Classified
0.01%
-
-
-
Regional Allocation
North America
53.19%
UK
18.97%
Australia & New Zealand
9.75%
Developed Europe - Excl UK
8.56%
South & Central America
5.48%
Middle East & Africa
2.46%
Cash and Equivalents
1.34%
Non-Classified
0.23%
Fixed Interest Currencies
Non-Fixed Interest Assets
98.90%
Cash
1.04%
Pound Sterling
0.06%
Regional Breakdown
Expand allCollapse all
Region
Country
North America
53.19%
-
United States
-
38.34%
Canada
-
14.85%
UK
18.97%
-
United Kingdom
-
18.97%
Australia & New Zealand
9.75%
-
Australia
-
9.75%
Developed Europe - Excl UK
8.56%
-
France
-
5.75%
Norway
-
1.35%
Sweden
-
0.84%
Portugal
-
0.62%
South & Central America
5.48%
-
Brazil
-
3.71%
Mexico
-
1.78%
Middle East & Africa
2.46%
-
South Africa
-
2.46%
Cash and Equivalents
1.34%
-
Non-Classified
0.23%
-
Breakdown By Market Cap (%)
Mega
45.99%
Large
23.66%
Medium
9.19%
Non-Classified
19.76%
Bonds
0.06%
Cash
1.34%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
EXXON MOBIL CORPORATION
8.55%
Non-Renewable Energy
United States
2
RIO TINTO
7.48%
Industrial Metals & Mining
United Kingdom
3
SHELL
5.64%
Non-Renewable Energy
United Kingdom
4
FREEPORT-MCMORAN INC
5.52%
Industrial Metals & Mining
United States
5
TOTAL SE
4.88%
Non-Renewable Energy
France
6
EOG RESOURCES INC
3.22%
Non-Renewable Energy
United States
7
BHP GROUP LIMITED
2.86%
Industrial Metals & Mining
Australia
8
ANGLO AMERICAN
2.74%
Industrial Metals & Mining
United Kingdom
9
CANADIAN NATURAL RESOURCES LIMITED
2.67%
Non-Renewable Energy
Canada
10
CONOCOPHILLIPS
2.59%
Non-Renewable Energy
United States
Dual Aspect Equity Analysis
UK Equities
Int'l Equities
UK Bonds
Int'l Bonds
UK Gilts
Property
Other
Cash & Equiv
Total
Energy
5.64%
40.85%
-
-
-
-
-
-
46.49%
Basic Materials
13.32%
38.55%
-
-
-
-
-
-
51.87%
Cash and Equivalents
-
-
-
-
-
-
-
1.28%
1.28%
Bonds
-
-
0.01%
0.05%
-
-
-
-
0.06%
Non-Classified
-
-
-
-
-
-
0.23%
0.06%
0.30%
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
B88MP08
Mex Code
C5EDNC
Isin Code
GB00B88MP089
Citi Code
GPUM
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.83%
Aims and Benchmark
Aims
The Fund aims to invest primarily in the shares of companies throughout the world engaged in the production and marketing of commodities. The fund aims to provide capital growth over the long term.
Benchmark
HSBC Global Mining, Gold and Energy Index (Net)
Benchmark Category
-
IA Sector
Specialist
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
ICVC
Launch price
£0.50
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Annually
Distribution Type
Dividend
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
31 January
30 April
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
The National Westminster Bank plc
Fund Administrator
Internal
Fund Registrar
Internal
Fund Custodian
Internal
Group Details
Group name
JPMorgan Asset Management
Group address
60 Victoria Embankment
London
EC4Y 0JP
United Kingdom
Group telephone
0800 727 770
Dealing telephone
0207 742 9909
Email
ifaenquiry@jpmorgan.com
Homepage
www.jpmorganassetmanagement.com/
Fax number
0207 742 9010
Dealing
Minimum Investment
£5000000
Minimum Top Up
£100000
Minimum Regular Saving
-
Settlement Period: Buy
3 days
Settlement Period: Sell
3 days
Pricing Basis
Forward
Dealing Decimals
3
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.