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JPM New Europe

Ranked 12 out of 15 in - Eastern Europe over 12 months
All calculations are in GBP

Managed by

Oleg Biryulyov

Oleg Biryulyov obtained a degree in economics from Moscow State University, Lomonosov. He has thirteen years of experience as a fund manager. Oleg began his career as an investment analyst and went on to join Flemings Urals working as a portfolio manager. In 1994, he joined JP Morgan Asset Management and he is currently responsible for Emerging European and Russian equities in the Emerging Markets Equity Team based in Moscow. He is also portfolio manager of the JPM New Europe Fund. Oleg is a Certified Financial Analyst.

Sonal Tanna

Sonal Tanna graduated from the London School of Economics with a BSc in economics and political science. She started her career with JP Morgan Asset Management in 1999 and is currently a vice president and fund manager for emerging Europe, Middle East and African portfolios within the emerging markets equity team based in London. Sonal has been managing funds for over three years and uses a fundamental, bottom up approach to investing. She is a holder of the CFA designation.

Objective

To provide long-term capital growth by investing primarily in companies operating or investing in central and eastern Europe and Russia. The Fund will invest in companies that are incorporated under the laws of, and have their registered office in an Emerging European country or Russia, or that derive the predominant part of their economic activity from Emerging European countries and/or Russia, even if listed elsewhere. The Fund will have exposure to smaller companies.

Performance

Eastern Europe over : 30/11/2013 - 30/11/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 -15.4% 9.1% -9.5%
2013 -1.7% 5.4% -8.2% 2.5% -0.9%
2012 22.4% 18.1% -9.7% 8.4% 5.9%
2011 -32.0% 0.8% -5.4% -28.9% 0.4%
2010 30.5% 17.6% -11.9% 13.5% 11.1%
2009 103.3% 0.3% 37.3% 33.6% 10.5%
2008 -61.7% -9.2% 8.6% -37.3% -38.1%
2007 44.5% 6.2% 6.4% 12.3% 13.9%
2006 29.9% 19.6% -5.6% 0.5% 14.5%
2005 60.3% 7.1% 6.5% 37.2% 2.4%
2004 25.0% 20.0% -8.4% 8.8% 4.5%
2003 41.5% -1.5% 24.4% 12.8% 2.4%
2002 12.0% 19.8% -8.1% -8.2% 10.8%
2001 -7.6% -13.7% 6.8% -22.9% 30.0%
2000 -3.7% 24.4% -12.0% -11.6% -0.4%
1999 26.7% -2.5% 21.7% -18.5% 31.0%
1998 -32.2% 6.7% -18.9% -35.1% 21.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/04/2014

Top 10 Holdings

Stock Size
Gazprom OAO DR 8.98
NK Lukoil OAO DR 8.01
Powszechna Kasa Oszczednosci Bank Polski SA ORD 5.33
Magnit PAO ORD 4.55
Powszechny Zaklad Ubezpieczen SA ORD 4.18
GMK Noril'skiy nikel' OAO DR 4.18
Sberbank Rossii OAO DR 4.14
JPMorgan Russian Securities PLC 3.51
Sberbank Rossii OAO ORD 3.24
Novatek OAO DR 2.83
30/04/2014

Registered For Sale In

  1. Jersey
  2. United Kingdom

Fund Info

  • Launch date20/11/1997
  • Share Class size80Mn
  • Base currencyGBP
  • ISIN GB0001655124

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment100

Charges

  • Annual management1.5%
  • Initial investment3

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).