JPMorgan Asia Domestic Opportunities Fund
Transcription
JPMorgan Asia Domestic Opportunities Fund
Asset Management Company of the Year – Fundamental Strategies, Asia2) JPMorgan Asia Domestic Opportunities Fund Unit Trust Range June 2015 •• The Fund invests primarily in securities of companies whose predominant business will benefit from, or is related to, the domestic growth in Asian economies, excluding Japan but including Australia and New Zealand. •• The Fund is therefore exposed to concentrated portfolio, emerging markets, currency, liquidity and equity risks. •• Investors may be subject to substantial losses. •• Investors should not solely rely on this document to make any investment decision. Portfolio information Launch date 14.05.07 Total fund size (m) USD 187.8 Denominated currency and NAV per unit USD 11.69 High Low Current charge: Initial Redemption Management fee USD 12.11 (27.04.15) USD 10.14 (16.10.14) 5.0% of NAV 0% 1.5% p.a. SEDOL/ISIN code B1XDC06/HK0000038148 Bloomberg code JFASDOM HK Statistical analysis 3 years 5 years Since launch1) Correlation - - - Alpha % - - - Beta - - - 11.03 18.55 25.25 1.06 0.34 0.04 - - - 11.91 6.55 1.96 Annualised volatility % Sharpe ratio Annualised tracking error % Average annual return % 40 120 20 100 For more information, please contact your bank, financial adviser or visit www.jpmorganam.com.hk 0 80 -20 60 -40 40 Fund manager Desmond Loh, Singapore/ Joanna Kwok/Mark Davids, Hong Kong 12 month NAV: 140 07 08 09 10 11 12 13 14 15 % CHANGE To provide investors with long-term capital appreciation by investing primarily in securities of companies whose predominant business will benefit from, or is related to, the domestic growth in Asian economies excluding Japan but including Australia and New Zealand. REBASED PERFORMANCE FROM 14.05.07 TO 29.05.15 (in denominated currency) Investment objective JPMorgan Asia Domestic Opportunities (acc) USD -60 Cumulative performance % (in denominated currency) (acc) - USD Class 1 month 1 year 3 years 5 years Since launch -1.8 +12.7 +40.2 +37.4 +16.9 Calendar year performance % (in denominated currency) (acc) - USD Class 2010 2011 2012 2013 2014 2015YTD +16.4 -24.6 +21.3 +3.2 +5.3 +9.0 PORTFOLIO ANALYSIS By country/region China Korea Taiwan India Hong Kong Thailand Net Liquidity Indonesia Philippines 35.1% 18.2% 13.3% 12.0% 9.5% 4.4% 3.1% 2.6% 2.0% By sector 3.1% 4.3% 5.4% 5.6% 5.7% 8.2% 10.6% 17.6% 39.5% Net Liquidity Materials Others Consumer Staples Utilities Industrials Consumer Discretionary Information Technology Financials Top five holdings (as at end April 2015) Holding China Construction Bank Corporation Tencent Holdings Ltd. AIA Group Limited Samsung Electronics Co., Ltd. Taiwan Semiconductor Manufacturing Co., Ltd. Sector Financials Information Technology Financials Information Technology Information Technology Country/region China China Hong Kong Korea Taiwan % 5.6 5.4 5.1 4.7 3.6 Unless stated otherwise, all information as at the last valuation date of the previous month. Source: J.P. Morgan Asset Management (NAV to NAV in denominated currency with income reinvested). Source of star rating: Morningstar, Inc. Risk ratings (if any) are based on J.P. Morgan Asset Management’s assessment of relative risk by asset class and historical volatility of the fund where applicable. The risk ratings are reviewed annually or as appropriate and for reference only. Investors are advised to consult our Investment Advisers before investing. Any overweight in any investment holding exceeding the limit set out in the Investment Restrictions was due to market movements and will be rectified shortly. Top ten holdings is available upon request. It should be noted that due to the difference of the fund domiciles the valuation points used by Unit Trust range and SICAV range of funds for fair valuation (where applied) may vary. For details please refer to the respective offering document(s). 1)With the exception of the “Average annual return” figure, all data are calculated from the month end after inception. 2)Issued by the Asset Triple A Investor and Fund Management Awards 2014, reflecting performance of previous calendar year. Investment involves risk. Past performance is not indicative of future performance. Please refer to the offering document(s) for details, including the risk factors. This document has not been reviewed by the SFC. Issued by JPMorgan Funds (Asia) Limited.
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