JPM UK Higher Income B Inc
Latest (Mid) Price:
GBX 549.80
Day Change:
+0.62%
| Shares Class | Inc. |
|---|---|
| Yield | 4.84 |
| Total Expense Ratio | 0.95 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 320,287,350.55 | Launch Date | 01/11/1959 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.80 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000,000.00 | Total Expense Ratio (%) | 0.95 |
| ISIN | GB00B1YXG034 | Min Topup (£) | 100,000.00 | Ongoing Charge (%) | 0.9500 (on 31/07/2019) |
Fund Objective
To provide income and prospects of capital growth by investing primarily in equity and equity-linked securities of UK companies. The Fund aims to provide a higher income yield than the yield on the FTSE All Share Index.
Fund Managers
Ian Butler
Ian Butler, Executive Director, is a portfolio manager in the J.P. Morgan Asset Management International Behavioural Finance Team, based in London. An employee since 2005, Ian sits within the Style team, contributing to all investment strategies run on the sub-team, but with a particular focus on value mandates. He is currently lead manager of the JPM UK Strategic Equity Income Fund and co-manager of the JPM Europe Strategic Value Fund and the JPM UK Higher Income Fund. He graduated at the University of Bath and holds a BSc degree in Business Administration. Ian is a holder of the Investment Management Certificate and is a CFA charterholder.
Thomas Buckingham
Tom Buckingham, Executive Director, is a portfolio manager in the J.P. Morgan Asset Management International Behavioural Finance Team, based in London. An employee since 2007, Tom sits within the Style team, contributing to all investment strategies run on the sub-team, but with a particular focus on income mandates. He is currently lead manager of the JPM UK Higher Income Fund and co-manager of the JPM Europe Strategic Dividend Fund and the JPM UK Strategic Equity Income Fund. He graduated at the University of Surrey and holds a BEng degree in Aerospace Engineering. Tom is a holder of the Investment Management Certificate and is a CFA charterholder.
Asset Breakdown
Region Breakdown
Sector Breakdown
| Name | Weight |
|---|---|
| Aerospace & Defence | 1.60% |
| Automotive | 0.20% |
| Banks | 3.90% |
| Beverages | 3.90% |
| Biotechnology/Medical | 8.70% |
| Building & Construction | 3.00% |
| Consumer Goods | 2.40% |
| Electricity Supply | 1.40% |
| Electronic & Electrical Equipm | 0.50% |
| Financial Services | 7.90% |
| Food & Drug Retailers | 2.30% |
| Food Producers | 0.50% |
| General Industrials | 1.30% |
| Household Goods | 7.30% |
| Industrials | 0.90% |
| Insurance | 2.70% |
| Leisure | 0.50% |
| Life Insurance | 4.80% |
| Media | 4.10% |
| Mineral Extraction | 6.30% |
| Money Market | 3.20% |
| Oil & Gas Exploration & Produc | 7.60% |
| Property Shares | 2.90% |
| Real Estate | 0.20% |
| Retailers - General | 2.90% |
| Support Services | 3.50% |
| Tobacco | 3.50% |
| Transport | 0.40% |
| Travel | 4.90% |
| Utilities | 4.40% |
| Wireless & Mobile Communicatio | 2.30% |
Top 10 Holdings
| Name | Weight |
|---|---|
| ROYAL DUTCH SHELL | 7.60% |
| ASTRAZENECA PLC | 4.40% |
| GLAXOSMITHKLINE | 4.20% |
| BRITISH AMERICAN TOBACCO | 3.50% |
| DIAGEO | 3.50% |
| UNILEVER | 2.40% |
| RIO TINTO | 2.30% |
| VODAFONE GROUP | 2.00% |
| NATIONAL GRID | 1.90% |
| PRUDENTIAL PLC | 1.90% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
Fund data supplied by
