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Jupiter Undervalued Assets

Ranked 20 out of 260 in - UK (All Companies) over 12 months
All calculations are in GBP

Managed by

Steve Davies

Steve Davies is a member of the UK equities team at Jupiter Asset Management having joined the group from Numis Securities in 2007 where he was head of the retail research team. Currently based in London, he manages the Jupiter Undervalued Assets and Jupiter UK Growth funds using a growth investment style. Steve graduated from Oxford University where he studied philosophy, politics and economics.

Objective

To achieve long-term capital growth by investing in companies which the Manager believes have recovery potential.

Performance

UK (All Companies) over : 30/11/2013 - 30/11/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 0.7% -3.1% 2.1%
2013 27.3% 7.5% 2.2% 6.4% 8.9%
2012 28.4% 8.8% -2.5% 9.6% 10.3%
2011 -13.8% -1.0% 0.3% -15.0% 2.1%
2010 14.1% 5.1% -8.5% 9.7% 8.2%
2009 22.2% -12.3% 10.1% 21.1% 4.6%
2008 -34.4% -9.8% -4.9% -13.4% -11.8%
2007 -2.8% 2.0% 2.1% -2.7% -4.0%
2006 21.3% 10.4% -3.2% 5.3% 7.7%
2005 17.6% 3.5% 1.7% 7.0% 4.4%
2004 16.5% 3.7% 2.1% 1.4% 8.5%
2003 25.9% -6.4% 20.2% 7.0% 4.6%
2002 -8.4% 5.8% -3.2% -14.0% 4.1%
2001 3.1% 0.3% 7.0% -19.7% 19.6%
2000 2.4% 2.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/09/2014

Top 10 Holdings

Stock Size
Lloyds Banking Group PLC ORD 8.35
Dixons Carphone PLC ORD 8.19
Legal & General Group PLC ORD 6.04
Talktalk Telecom Group PLC ORD 5.36
ITV PLC ORD 5.13
Barclays PLC ORD 4.98
British American Tobacco PLC ORD 4.79
Compass Group PLC ORD 4.32
WH Smith PLC ORD 4.16
Royal Bank of Scotland Group PLC ORD 3.74
30/09/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date15/05/2000
  • Share Class size116Mn
  • Base currencyGBP
  • ISIN GB0003237418

Purchase Info

  • Min. initial investment50,000
  • Min. additional investment5,000

Charges

  • Annual management1.5%

Related News

Jupiter's Davies: three reasons why Lloyds' dividend may beat forecasts

Jupiter fund manager Steve Davies explains why when Lloyds eventually resume its dividend it could surprise on the upside.

Davies steps into Jupiter limelight as Harrington exits

UK analyst Steve Davies has been handed his first portfolio at Jupiter, assuming control of the firm's underperforming £92 million Undervalued Assets fund following the departure of Patrick Harrington.  

Jupiter opens IPO door through debt restructure plan

The asset manager is looking to restructure its debt position, which would give it more 'flexibility' to launch an IPO.

Fund managers view lack of growth with concern

'It is clear that the authorities have their foot hard on the accelerator but the car isn’t going anywhere,' says one fund manager.

Bonham Carter focuses on growing Jupiter's private client arm

Edward Bonham Carter’s (above) decision to step down from fund management will allow him to spend more time on Jupiter’s ambitious plans to grow its private client business.

Bonham Carter steps down from Jupiter Fund

Jupiter's chief executive Edward Bonham Carter is to stop running money for the firm after eight years at the helm of the undervalued assets fund.

The Daily Interview: Rate cut needed to avert recession, says Bonham Carter

Jupiter chief executive Edward Bonham Carter believes the shocking events on Wall Street could bring forward a fall in inflation and interest rate cuts.

Jupiter Unit Trust Managers posts 37% profits jump

While many asset management groups founder in the credit crisis, Jupiter Unit Trust Managers appear to go from strength to strength.

Bonham Carter braced for slowdown

Edward Bonham Carter, manager of the Jupiter Undervalued Assets fund, is bracing himself for an economic slowdown, in the wake of the credit crunch.

Views on Northern Rock: Charitable foundation will be a further drag on shares

Northern Rock’s charitable foundation dilutes its acquisition potential even further but an overseas buyer is still possible according to New Star’s AAA-rated global financials manager Guy de Blonay.

...more...

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