Prudential JP Morgan Natural Resources S4
Performance
Discrete performance - to last month end
| 30/11/19 to 30/11/20 |
30/11/20 to 30/11/21 |
30/11/21 to 30/11/22 |
30/11/22 to 30/11/23 |
30/11/23 to 30/11/24 |
|
|---|---|---|---|---|---|
| Fund | -1.2% | 22.3% | 33.7% | -8.2% | 4.5% |
| Sector | 6.4% | 12.1% | 10.8% | -1.8% | 13.8% |
| Rank | 16/29 | 14/29 | 11/29 | 18/29 | 27/29 |
| Quartile | 3 | 2 | 2 | 3 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | 8.7% | 9.2% | 5.7% | |
| Sector | 7.4% | 8.1% | 5.9% | |
| Rank | 11/29 | 10/29 | 22/29 | |
| Quartile | 2 | 2 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| EXXON MOBIL CORPORATION | 8.51 |
| RIO TINTO | 6.26 |
| FREEPORT-MCMORAN INC | 5.57 |
| NEWMONT CORPORATION | 4.61 |
| SHELL | 4.19 |
| TOTAL SE | 3.93 |
| BHP GROUP LIMITED | 3.40 |
| GLENCORE | 3.33 |
| CANADIAN NATURAL RESOURCES LIMITED | 2.86 |
| CONOCOPHILLIPS | 2.81 |
| Total | 45.46 |
Fund Aims
Objective: The investment strategy of the fund is to purchase units in the JP Morgan Natural Resources Fund - the underlying fund.
Underlying Fund Objective: The fund aims to provide capital growth over the long term by investing primarily in the shares of companies throughout the world engaged in the production and marketing of commodities.
Fund Manager
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 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
| Bid (20/12/2024) | 174.80 |
| Offer (20/12/2024) | 184.00 |
| Fund size (31/10/2024) | £1.66m |
| Underlying Fund size | £836.68m |
| Number of holdings | 64 |
| Launch date | 20/10/2008 |
Fund Charges
| Annual Management Charge (AMC) | 1.85% |
| Further Costs | 0.10% |
| Yearly Total | 1.95% |
Asset Allocation
| International Equities | 84.47% | |
| UK Equities | 14.83% | |
| Cash and Equivalents | -0.78% | |
| Other Assets | 1.47% |
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net 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.
Asset Allocation
| International Equities | 84.47% | |
| UK Equities | 14.83% | |
| Cash and Equivalents | -0.78% | |
| Other Assets | 1.47% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Basic Materials | 53.03% | - | - | - | |
| Basic Resources | - | 53.03% | - | - | |
| Industrial Metals & Mining | - | - | 33.01% | - | |
| General Mining | - | - | - | 17.83% | |
| Copper | - | - | - | 9.11% | |
| Iron & Steel | - | - | - | 3.38% | |
| Nonferrous Metals | - | - | - | 2.70% | |
| Precious Metals & Mining | - | - | 20.02% | - | |
| Gold Mining | - | - | - | 19.36% | |
| Platinum & Precious Metals | - | - | - | 0.66% | |
| Energy | 45.75% | - | - | - | |
| Energy | - | 45.75% | - | - | |
| Non-Renewable Energy | - | - | 45.24% | - | |
| Integrated Oil & Gas | - | - | - | 20.46% | |
| Oil: Crude Producers | - | - | - | 10.49% | |
| Pipelines | - | - | - | 9.66% | |
| Oil Refining and Marketing | - | - | - | 3.32% | |
| Coal | - | - | - | 0.79% | |
| Oil Equipment & Services | - | - | - | 0.52% | |
| Renewable Energy | - | - | 0.51% | - | |
| Alternative Fuels | - | - | - | 0.51% | |
| Non-Classified | 1.47% | - | - | - | |
| Non-Classified | - | 1.47% | - | - | |
| Non-Classified | - | - | 1.47% | - | |
| Non-Classified | - | - | - | 1.47% | |
| Industrials | 0.52% | - | - | - | |
| Industrial Goods & Services | - | 0.52% | - | - | |
| Industrial Transportation | - | - | 0.52% | - | |
| Marine Transportation | - | - | - | 0.52% | |
| Cash and Equivalents | -0.78% | - | - | - | |
Regional Allocation
| North America | 59.29% | |
| UK | 14.83% | |
| Australia & New Zealand | 10.86% | |
| Developed Europe - Excl UK | 7.17% | |
| South & Central America | 3.11% | |
| Middle East & Africa | 2.37% | |
| Emerging Asia | 1.66% | |
| Non-Classified | 1.47% | |
| Cash and Equivalents | -0.78% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.72% | |
| Cash | 0.17% | |
| Pound Sterling | 0.10% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| North America | 59.29% | - | |
United States
|
- | 41.89% | |
Canada
|
- | 17.40% | |
| UK | 14.83% | - | |
United Kingdom
|
- | 14.83% | |
| Australia & New Zealand | 10.86% | - | |
Australia
|
- | 10.86% | |
| Developed Europe - Excl UK | 7.17% | - | |
France
|
- | 4.44% | |
Sweden
|
- | 1.74% | |
Portugal
|
- | 0.99% | |
| South & Central America | 3.11% | - | |
Mexico
|
- | 1.63% | |
Brazil
|
- | 1.48% | |
| Middle East & Africa | 2.37% | - | |
South Africa
|
- | 2.37% | |
| Emerging Asia | 1.66% | - | |
China
|
- | 1.66% | |
| Non-Classified | 1.47% | - | |
| Cash and Equivalents | -0.78% | - | |
Breakdown By Market Cap (%)
| Mega |
|
41.40% |
| Large |
|
33.26% |
| Medium |
|
8.86% |
| Non-Classified |
|
17.26% |
| Cash |
|
-0.78% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | EXXON MOBIL CORPORATION | 8.51% | Non-Renewable Energy | United States |
| 2 | RIO TINTO | 6.26% | Industrial Metals & Mining | United Kingdom |
| 3 | FREEPORT-MCMORAN INC | 5.57% | Industrial Metals & Mining | United States |
| 4 | NEWMONT CORPORATION | 4.61% | Precious Metals & Mining | United States |
| 5 | SHELL | 4.19% | Non-Renewable Energy | United Kingdom |
| 6 | TOTAL SE | 3.93% | Non-Renewable Energy | France |
| 7 | BHP GROUP LIMITED | 3.40% | Industrial Metals & Mining | Australia |
| 8 | GLENCORE | 3.33% | Industrial Metals & Mining | United Kingdom |
| 9 | CANADIAN NATURAL RESOURCES LIMITED | 2.86% | Non-Renewable Energy | Canada |
| 10 | CONOCOPHILLIPS | 2.81% | 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 | 4.19% | 41.56% | - | - | - | - | - | - | 45.75% |
| Industrials | - | 0.52% | - | - | - | - | - | - | 0.52% |
| Basic Materials | 10.64% | 42.39% | - | - | - | - | - | - | 53.03% |
| Cash and Equivalents | - | - | - | - | - | - | - | -0.78% | -0.78% |
| Non-Classified | - | - | - | - | - | - | 1.47% | - | 1.47% |
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
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 | B3BW533 |
| Mex Code | PUJPNT |
| Isin Code | GB00B3BW5336 |
| Citi Code | D8X9 |
Fund Charges
| Annual Management Charge (AMC) | 1.85% |
| Further Costs | 0.10% |
| Yearly Total | 1.95% |
Aims and Benchmark
| Aims | Objective: The investment strategy of the fund is to purchase units in the JP Morgan Natural Resources Fund - the underlying fund. Underlying Fund Objective: The fund aims to provide capital growth over the long term by investing primarily in the shares of companies throughout the world engaged in the production and marketing of commodities. |
| Benchmark | S&P Global Mining & Energy Index (Total Return Net) |
| ABI Sector | Commodity/Energy |
Ratings
| FE Crown |  |
Important Information
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Charges and further costs 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
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net 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.