JPMorgan Emerging Markets Class B Acc
Report And Accounts
Simplified Prospectus / KIID
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 | 26.2% | -2.1% | -18.3% | -2.5% | 6.0% |
| Sector | 12.4% | 4.9% | -10.9% | -0.5% | 10.7% |
| Rank | 21/145 | 134/155 | 122/162 | 130/169 | 151/175 |
| Quartile | 1 | 4 | 4 | 4 | 4 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/11/24 |
5 Years to 30/11/24 |
10 Years to 30/11/24 |
||
| Fund | -5.5% | 0.9% | 5.5% | |
| Sector | -0.6% | 3.0% | 4.7% | |
| Rank | 142/161 | 129/144 | 37/103 | |
| Quartile | 4 | 4 | 2 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 9.01 |
| TENCENT HOLDINGS LIMITED | 6.73 |
| SAMSUNG ELECTRONICS CO. LTD | 4.58 |
| SK HYNIX | 3.19 |
| MERCADOLIBRE | 3.10 |
| NU HOLDINGS | 2.86 |
| BANCO BILBAO VIZCAYA ARGENTARIA S.A. | 2.36 |
| BANK RAKYAT INDONESIA (PERSERO) TBK PT | 1.94 |
| HDFC BANK LIMITED | 1.75 |
| BAJAJ FINANCE LIMITED | 1.66 |
| Total | 37.19 |
Fund Aims
To provide long term capital growth by investing primarily in equity and equity-linked securities of emerging markets companies.
Other instruments as permitted in the stated investment and borrowing powers of the Company including, but not limited to, fixed interest securities, cash and cash equivalents may be held on an ancillary basis, as appropriate.
Fund Manager
Leon Eidelman, managing director, is a portfolio manager within the Emerging Markets and Asia Pacific (EMAP) Equities team based in New York. An employee since 2002, Leon is a member of the group of global emerging markets portfolio managers responsible for the fundamental, bottom-up portfolios, including the GEM Discovery and GEM Focused strategies. He is lead manager of the GEM Discovery strategy and is a portfolio manager on the GEM Focused strategy. Leon holds a B.A. in Economics with a concentration in Finance from Cornell University and is a CFA Charterholder.
Austin Forey, managing director, is a portfolio manager for the Global Emerging Markets (GEM) Focused strategy within the Emerging Markets and Asia Pacific (EMAP) Equities team based in London. An employee since 1988, Austin has fulfilled his role as a GEM portfolio manager since 1994. Prior to this he worked in the U.K. team, where he was deputy head of U.K. research. Before this, Austin worked as a research analyst covering engineering, and subsequently all financial sectors, including property; his other responsibilities included the co-management of a mid-cap investment trust, and two specialist unit trusts. Austin obtained a B.A. in Modern Languages from Cambridge University, and earned a Ph.D. in Modern Languages from Cambridge University.
Fund Overview
| Mid (20/12/2024) | 369.60p |
| Historic yield | 0.72% |
| Fund size (30/09/2024) | £2325.11m |
| Number of holdings | 77 |
| Entry Charge | 0.00% |
| Ongoing Charges | 1.08% |
| Launch date | 03/12/2008 |
Asset Allocation
| International Equities | 96.52% | |
| Cash and Equivalents | 0.22% | |
| Other Assets | 3.27% |
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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | 96.52% | |
| Cash and Equivalents | 0.22% | |
| Other Assets | 3.27% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Technology | 27.33% | - | - | - | |
| Technology | - | 27.33% | - | - | |
| Technology Hardware & Equipment | - | - | 16.44% | - | |
| Semiconductors | - | - | - | 15.08% | |
| Computer Hardware | - | - | - | 0.73% | |
| Production Technology Equipment | - | - | - | 0.63% | |
| Software & Computer Services | - | - | 10.89% | - | |
| Consumer Digital Services | - | - | - | 7.62% | |
| Computer Services | - | - | - | 3.27% | |
| Financials | 23.33% | - | - | - | |
| Banks | - | 15.10% | - | - | |
| Banks | - | - | 15.10% | - | |
| Banks | - | - | - | 15.10% | |
| Financial Services | - | 7.27% | - | - | |
| Finance & Credit Services | - | - | 6.61% | - | |
| Consumer Lending | - | - | - | 6.61% | |
| Investment Banking & Brokerage Services | - | - | 0.66% | - | |
| Diversified Financial Services | - | - | - | 0.66% | |
| Insurance | - | 0.96% | - | - | |
| Life Insurance | - | - | 0.96% | - | |
| Life Insurance | - | - | - | 0.96% | |
| Consumer Discretionary | 17.56% | - | - | - | |
| Consumer Products & Services | - | 6.40% | - | - | |
| Consumer Services | - | - | 3.10% | - | |
| Consumer Services: Misc. | - | - | - | 3.10% | |
| Household Goods & Home Construction | - | - | 1.46% | - | |
| Household Appliance | - | - | - | 1.46% | |
| Leisure Goods | - | - | 1.10% | - | |
| Electronic Entertainment | - | - | - | 1.10% | |
| Personal Goods | - | - | 0.74% | - | |
| Clothing & Accessories | - | - | - | 0.74% | |
| Travel & Leisure | - | 5.79% | - | - | |
| Travel & Leisure | - | - | 5.79% | - | |
| Restaurants & Bars | - | - | - | 1.53% | |
| Casinos & Gambling | - | - | - | 1.26% | |
| Hotels & Motels | - | - | - | 1.22% | |
| Airlines | - | - | - | 1.11% | |
| Travel & Tourism | - | - | - | 0.68% | |
| Retail | - | 2.93% | - | - | |
| Retailers | - | - | 2.93% | - | |
| Diversified Retailers | - | - | - | 2.93% | |
| Automobiles & Parts | - | 2.44% | - | - | |
| Automobiles & Parts | - | - | 2.44% | - | |
| Automobiles | - | - | - | 2.44% | |
| Industrials | 12.23% | - | - | - | |
| Industrial Goods & Services | - | 11.26% | - | - | |
| Industrial Engineering | - | - | 3.83% | - | |
| Machinery: Industrial | - | - | - | 2.34% | |
| Machinery: Tools | - | - | - | 1.49% | |
| Aerospace & Defence | - | - | 3.23% | - | |
| Aerospace | - | - | - | 1.88% | |
| Defense | - | - | - | 1.35% | |
| General Industrials | - | - | 1.52% | - | |
| Glass | - | - | - | 0.83% | |
| Paints & Coatings | - | - | - | 0.69% | |
| Electronic & Electrical Equipment | - | - | 1.07% | - | |
| Electrical Components | - | - | - | 1.07% | |
| Industrial Transportation | - | - | 0.99% | - | |
| Transportation Services | - | - | - | 0.99% | |
| Industrial Support Services | - | - | 0.62% | - | |
| Business Training & Employment Agencies | - | - | - | 0.62% | |
| Construction & Materials | - | 0.97% | - | - | |
| Construction & Materials | - | - | 0.97% | - | |
| Cement | - | - | - | 0.97% | |
| Consumer Staples | 6.13% | - | - | - | |
| Personal Care, Drug & Grocery Stores | - | 5.10% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 5.10% | - | |
| Food Retailers & Wholesalers | - | - | - | 4.19% | |
| Drug Retailers | - | - | - | 0.92% | |
| Food, Beverage & Tobacco | - | 1.03% | - | - | |
| Beverages | - | - | 0.62% | - | |
| Soft Drinks | - | - | - | 0.62% | |
| Food Producers | - | - | 0.41% | - | |
| Food Products | - | - | - | 0.41% | |
| Telecommunications | 5.73% | - | - | - | |
| Telecommunications | - | 5.73% | - | - | |
| Telecommunications Equipment | - | - | 4.58% | - | |
| Telecommunications Equipment | - | - | - | 4.58% | |
| Telecommunications Service Providers | - | - | 1.15% | - | |
| Telecommunications Services | - | - | - | 1.15% | |
| Non-Classified | 3.27% | - | - | - | |
| Non-Classified | - | 0.36% | - | - | |
| Non-Classified | - | - | 0.36% | - | |
| Non-Classified | - | - | - | 0.36% | |
| Energy | 2.20% | - | - | - | |
| Energy | - | 2.20% | - | - | |
| Non-Renewable Energy | - | - | 2.20% | - | |
| Integrated Oil & Gas | - | - | - | 2.20% | |
| Health Care | 1.36% | - | - | - | |
| Health Care | - | 1.36% | - | - | |
| Medical Equipment & Services | - | - | 0.74% | - | |
| Medical Equipment | - | - | - | 0.74% | |
| Health Care Providers | - | - | 0.62% | - | |
| Health Care Facilities | - | - | - | 0.62% | |
| Basic Materials | 0.65% | - | - | - | |
| Basic Resources | - | 0.65% | - | - | |
| Industrial Metals & Mining | - | - | 0.65% | - | |
| Nonferrous Metals | - | - | - | 0.65% | |
| Cash and Equivalents | 0.22% | - | - | - | |
Regional Allocation
| Emerging Asia | 57.85% | |
| North America | 14.95% | |
| South & Central America | 8.84% | |
| Developed Europe - Excl UK | 4.03% | |
| Developed Asia | 4.01% | |
| Middle East & Africa | 3.49% | |
| Emerging Europe | 3.36% | |
| Non-Classified | 3.27% | |
| Cash and Equivalents | 0.22% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 99.87% | |
| Pound Sterling | 0.15% | |
| Cash | -0.03% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Emerging Asia | 57.85% | - | |
India
|
- | 16.04% | |
Taiwan
|
- | 14.22% | |
China
|
- | 13.67% | |
South Korea
|
- | 10.43% | |
Indonesia
|
- | 3.50% | |
| North America | 14.95% | - | |
United States
|
- | 14.95% | |
| South & Central America | 8.84% | - | |
Brazil
|
- | 5.83% | |
Mexico
|
- | 3.01% | |
| Developed Europe - Excl UK | 4.03% | - | |
Spain
|
- | 2.36% | |
Portugal
|
- | 1.10% | |
Luxembourg
|
- | 0.57% | |
| Developed Asia | 4.01% | - | |
Hong Kong
|
- | 4.01% | |
| Middle East & Africa | 3.49% | - | |
South Africa
|
- | 3.49% | |
| Emerging Europe | 3.36% | - | |
Turkey
|
- | 3.36% | |
| Non-Classified | 3.27% | - | |
| Cash and Equivalents | 0.22% | - | |
Breakdown By Market Cap (%)
| Mega |
|
56.91% |
| Large |
|
17.76% |
| Medium |
|
5.57% |
| Non-Classified |
|
19.55% |
| Cash |
|
0.22% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED | 9.01% | Technology Hardware & Equipment | Taiwan |
| 2 | TENCENT HOLDINGS LIMITED | 6.73% | Software & Computer Services | China |
| 3 | SAMSUNG ELECTRONICS CO. LTD | 4.58% | Telecommunications Equipment | South Korea |
| 4 | SK HYNIX | 3.19% | Technology Hardware & Equipment | South Korea |
| 5 | MERCADOLIBRE | 3.10% | Consumer Services | United States |
| 6 | NU HOLDINGS | 2.86% | Finance & Credit Services | United States |
| 7 | BANCO BILBAO VIZCAYA ARGENTARIA S.A. | 2.36% | Banks | Spain |
| 8 | BANK RAKYAT INDONESIA (PERSERO) TBK PT | 1.94% | Banks | Indonesia |
| 9 | HDFC BANK LIMITED | 1.75% | Banks | India |
| 10 | BAJAJ FINANCE LIMITED | 1.66% | Finance & Credit Services | India |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 27.33% | - | - | - | - | - | - | 27.33% |
| Telecommunications | - | 5.73% | - | - | - | - | - | - | 5.73% |
| Financials | - | 23.33% | - | - | - | - | - | - | 23.33% |
| Consumer Discretionary | - | 17.56% | - | - | - | - | - | - | 17.56% |
| Consumer Staples | - | 6.13% | - | - | - | - | - | - | 6.13% |
| Energy | - | 2.20% | - | - | - | - | - | - | 2.20% |
| Health Care | - | 1.36% | - | - | - | - | - | - | 1.36% |
| Industrials | - | 12.23% | - | - | - | - | - | - | 12.23% |
| Basic Materials | - | 0.65% | - | - | - | - | - | - | 0.65% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.22% | 0.22% |
| Non-Classified | - | - | - | - | - | - | 3.27% | - | 3.27% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.
Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | B1YX4S7 |
| Mex Code | C5JEBA |
| Isin Code | GB00B1YX4S73 |
| Citi Code | E1A0 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 1.08% |
Aims and Benchmark
| Aims | To provide long term capital growth by investing primarily in equity and equity-linked securities of emerging markets companies. Other instruments as permitted in the stated investment and borrowing powers of the Company including, but not limited to, fixed interest securities, cash and cash equivalents may be held on an ancillary basis, as appropriate. |
| Benchmark | MSCI Emerging Markets Index (Net) |
| Benchmark Category | - |
| IA Sector | Global Emerging Markets |
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) |
|---|---|
| 01 February | 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 |
| ifaenquiry@jpmorgan.com | |
| Homepage | www.jpmorganassetmanagement.com/ |
| Fax number | 0207 742 9010 |
Dealing
| Minimum Investment | £1000000 |
| 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 investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.