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JPM US Equity Income

Ranked 4 out of 12 in - North American Income over 12 months
All calculations are in GBP

Managed by

Clare Hart

With over 22 years in the industry, Clare Hart is a managing director at JP Morgan and lead portfolio manager on the firm’s US Equity Income Fund. Hart joined JP Morgan in 1999 from Salomon Smith Barney, where she worked in the equity research division as a research associate covering Real Estate Investment Trusts. She also worked as a public accountant at Arthur Andersen, where she began her career. Hart holds a BA in political science from the University of Chicago, as well as an MSA from DePaul University and a CPA granted by the State of Illinois.

Jonathan Simon

Jonathan Simon graduated from Oxford University with an MA in mathematics. He joined JP Morgan in 1980 where he started as an analyst in the London office and transferred to New York in 1983. Jonathan became a portfolio manager in 1987 and was the president of Robert Fleming’s US asset management operations from 1990 to 2000. He is currently the head of the US value team and manages a number of equity value funds. Jonathan has over 30 years of industry experience.

Objective

To provide a portfolio designed to achieve income by investing primarily in US equities in any economic sector whilst participating in long term capital growth. US Equities are securities issued by companies that are incorporated under the laws of, and have their registered office in, the US, or that derive the predominant part of their economic activity from the US, even if listed elsewhere.

Performance

North American Income over : 31/10/2013 - 31/10/2014

Total Return

Quarterly Performance

to 31/10/2014 Annual Q1 Q2 Q3 Q4
2014 13.1% 1.6% 1.2% 5.5% 4.1%
2013 28.1% 18.8% 3.7% -2.4% 6.6%
2012 6.0% 4.6% 0.5% 1.9% -1.1%
2011 8.1% 2.7% 1.1% -8.6% 13.9%
2010 20.7% 10.2% -7.2% 4.7% 12.8%
2009 7.8% -9.8% -3.3% 15.7% 6.8%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/05/2014

Top 10 Holdings

Stock Size
Wells Fargo & Co ORD 4.50
Johnson & Johnson ORD 3.90
ConocoPhillips ORD 2.74
Pfizer Inc ORD 2.57
Exxon Mobil Corp ORD 2.33
Apple Inc ORD 2.20
Merck & Co Inc ORD 2.12
PNC Financial Services Group Inc ORD 2.01
Chevron Corp ORD 2.00
Occidental Petroleum Corp ORD 1.98
31/05/2014

Registered For Sale In

  1. Jersey
  2. United Kingdom

Fund Info

  • Launch date15/12/2008
  • Share Class size193Mn
  • Base currencyGBP
  • ISIN GB00B3FJQ045

Purchase Info

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

Charges

  • Annual management1.5%
  • Initial investment3

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