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  5. JPMorgan Global Equity Income Fund - Managed fund profile

JPMorgan Global Equity Income Fund - Managed Fund (Closed)

Fund Objective
To provide long-term capital growth by investing primarily in companies, globally, that generates high and rising income.
Fund Strategy
The Fund will be substantially invested in the Underlying Sub-Fund. However, a small proportion of the Fund's investments will be in cash. In relation to the Underlying Sub-Fund, at least 67% of the Sub-Fund's assets (excluding cash and cash equivalents) will be invested in equity securities of companies that generate high and rising income. Issuers of these securities may be located in any country, including emerging markets.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 3.72% 4.99% 13.99% 23.91% 12.86% 14.84% 11.93% -%
Growth return 3.72% 4.99% 12.21% 21.98% 10.82% 12.52% 9.46% -%
Income return 0% 0% 1.78% 1.93% 2.04% 2.32% 2.47% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 0.92% 6.62% 5.1% 20.06% 19.45% 20.5% 15.74% 12.6%
As at 30 Nov 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
International Equities
95.62%
Australian Equities
1.33%
Cash
1.75%
Property & Infrastructure
1.16%
Fixed Interest
0%
Alternatives
0.14%

General Information

Fund Details
Type Description
JPMorgan Global Equity Income Fund
Closed
Perpetual Trust Services Limited
PER0720AU
Equity World Large Value
starstarstarstar (as at 30 Nov 2019)
Investment Fund
19 Dec 2013
$0.97 million (as at 29 Nov 2019)
$1.7388 (as at 16 Dec 2019)
$1.7388 (as at 16 Dec 2019)
Finalised
Offer information
Type Description
MER 1.35% (as at 22 Aug 2019)
Indirect Cost Ratio (ICR) 1.35% (as at 30 Jun 2019)
Performance fee (not included in ICR) Not Available
Minimum initial investment $25,000
Minimum additional investments $5,000.00

FAQs about the JPMorgan Global Equity Income Fund

The objective of the JPMorgan Global Equity Income Fund managed fund is To provide long-term capital growth by investing primarily in companies, globally, that generates high and rising income.

The strategy of the JPMorgan Global Equity Income Fund managed fund is The Fund will be substantially invested in the Underlying Sub-Fund. However, a small proportion of the Fund's investments will be in cash. In relation to the Underlying Sub-Fund, at least 67% of the Sub-Fund's assets (excluding cash and cash equivalents) will be invested in equity securities of companies that generate high and rising income. Issuers of these securities may be located in any country, including emerging markets.

The APIR code of the JPMorgan Global Equity Income Fund managed fund is PER0720AU.

JPMorgan Global Equity Income Fund’s total return last month was 3.72%. This was made up of a growth return of 3.72% and an income return of 0%. These returns were calculated as at 30 Nov 2019.

JPMorgan Global Equity Income Fund’s total return for the last three months was 4.99%. This was made up of a growth return of 4.99% and an income return of 0%%. These returns were calculated as at 30 Nov 2019.

JPMorgan Global Equity Income Fund’s one-year total return is 23.91%. This was made up of a growth return of 21.98% and an income return of 1.93%. These returns were calculated as at 30 Nov 2019.

JPMorgan Global Equity Income Fund’s one-year total return is 14.84%. This was made up of a growth return of 12.52% and an income return of 2.32%. These returns were calculated as at 30 Nov 2019.

The asset allocation of the JPMorgan Global Equity Income Fund managed fund is :

International Equities
100%
Australian Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the JPMorgan Global Equity Income Fund managed fund is Perpetual Trust Services Limited.

The JPMorgan Global Equity Income Fund managed fund belongs to the Equity World Large Value sector/asset class.

As at 29 Nov 2019, the size of the JPMorgan Global Equity Income Fund managed fund was $0.97 million.

The JPMorgan Global Equity Income Fund managed fund has an inception date of 19 Dec 2013.

The current entry price of the JPMorgan Global Equity Income Fund managed fund is $1.7388 per unit and the current exit price is $1.7388 per unit (as at 16 Dec 2019).

The current exit price of the JPMorgan Global Equity Income Fund managed fund is $1.7388 per unit and the current entry price is $1.7388 per unit (as at 16 Dec 2019).

The minimum initial investment amount for the JPMorgan Global Equity Income Fund managed fund is $25,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.