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FE Trustnet Investment trusts

Factsheet

JP Morgan American IT plc

Finsbury Dials, 20 Finsbury Street, London, EC2Y 9AQ
020 7595 5869 (Fax Number)
0800 727 770 (Main Number)
www.jpmorganinvestmenttrusts.co.uk
client-enquiry@jpmorgan.com

*	Garrett Fish»	01-Jan-2003 to Present
*	Eytan Shapiro»	01-Jan-2005 to Present
	Timothy Parton»	01-Jan-1994 to 31-Jan-2011
	Jonathan Simon»	01-Nov-1988 to 31-Dec-1993

Capital growth from North American investments. Investments in US companies including, when appropriate, exposure to small and micro capitalisation sectors.

Fund vs sector
	1y	3y
Position	2 / 3	3 / 3
Quartile	2	4

FE
Crown Rating
(Quantitative)

Ratios
	1y	3y
Volatility	12.17	14.45
Alpha	-7.87	-5.38
Beta	1.31	1.15
Sharpe	1.07	0.41
InfoRatio	-0.58	-0.65
R²	0.90	0.85
Quartiles: 1 2 3 4 vs. North America Equities»

FE Risk Scores
Instrument	1y(%) Growth	FE Risk Score
JP Morgan American IT plc	28.8	102
North America Equities	27.3	74
Cash	n/a	0
Compare this fund to its peers using FE Risk Scores>>
Learn more about using FE Risk Scores>>

	1y	3y	5y	12m-24m	24m-36m	36m-48m	48m-60m
JP MORGAN AMERICAN IT PLC	+28.8	+45.5	+79.9	-1.4	+14.5	+29.0	-4.1
NAV	+32.4	+48.3	+67.4	-1.4	+13.6	+31.4	-14.0
North America Equities	+27.3	+55.1	+87.6	-0.2	+22.1	+51.7	-20.3

Share Price
	Share	Type	Price	Date	Prem/Disc	Diluted NAV		Gearing	Div yield
	Share	Type	Price	Date	Prem/Disc	Estim	Last pub.	Gearing	Net	Gross
	JP MORGAN AMERICAN IT PLC	UNIT	1134.00 (p)	21-May-2013	+.14	1128.40	1130.30 17-May-2013	109	0.44	0.44

Capital structure & income
Share	Type	Exchange	Nominal value	Issued	Market value (m)	Wind-up date	Splits	News
JP MORGAN AMERICAN IT PLC	UNIT	LONDON	25	50,743,000	573.40	n/a	n/a
Share identifiers: TIDM: JAM; SEDOL: 0846505; ISIN: GB0008465055

Detailed fund information
Fund type	United Kingdom-registered Investment Trusts
Launched	1981
Gross assets	£622.4m / $947.1m
Sector	North America Equities
Asset Class	Equity
Own ISA wrapper
Savings plan	Minimum: £ 50.0 Monthly
Annual accounts	(Click to order)
Last report / accounts	18-Mar-2013
Last AGM	01-May-2013
Next AGM	May 2013
EGM	n/a
Stockbroker(s)	Cazenove
Management contract	A fee of 0.5% p.a. of the average value of the company's assets during the year. Also there is a performance fee when the assets less current liabilities The manager receives a basic fee, calculated and paid quarterly in arrears at a rate of 0.50% p.a. of the Company's assets less current liabilities. A performance fee is payable at the rate of 10% of the over/ underperformance of the year-end net assets compared to the S&P 500 Composite Index, the latter being expressed in sterling terms. The performance fee due is payable over three years. Any negative fee resulting from underperformance is deducted from any unpaid fees carried forward from prior years with any remaining amount of the negative fee carried forward to future years. The total payable (basic fee plus aggregate performance adjustment) in any one- year should not exceed 0.75% of assets. The Management contract is terminable on six months notice.
Borrowing limit	n/a
Continuation / Wind-up provision	The Fund has an unlimited life. At the AGM held on 07-May-09, shareholders approved the continuation of the authority of the Fund to repurchase up to 14.99% of its outstanding shares. The authority needs to be renewed annually.
Dividend policy	n/a
Investment restrictions	n/a
Reconstruction proposal	n/a
Settlement details	n/a
Tax policy	n/a

Peer groups
Region	Asset Class	Investment Focus	Sector
North America	Equity	Mixed	North America Equities

Largest holdings, 30-Apr-2013
Holding	(%)	Rank	Prev	Holding	(%)	Rank	Prev
EXXON MOBIL CORP	3.50	1	(1)	MERCK & CO INC(NEW)	2.00	6	(7)
MICROSOFT CORP	3.50	2	(3)	CHEVRON CORP	1.70	7	(10)
APPLE INC	3.40	3	(2)	WAL-MART STORES INC	1.70	8	(-)
PFIZER INC	2.70	4	(4)	UNITED TECHNOLOGIES CORP	1.60	9	(9)
INTERNATIONAL BUS MACH CORP	2.30	5	(5)	CITIGROUP INC	1.60	10	(-)
				Total	24.00

more history»

Regional weightings, 30-Apr-2013
Region	(%)	Rank	Prev
North America	88.70	1	(1)
Cash	11.30	2	(2)
Total	100.00

more history»

Sector weightings, 30-Apr-2013
Sector	(%)	Rank	Prev
Information Technology	17.60	1	(1)
Health Care	16.10	2	(2)
Financials	13.10	3	(3)
Consumer Discretionary	12.70	4	(4)
Cash	11.30	5	(5)
Consumer Staples	8.30	6	(7)
Energy	8.00	7	(6)
Industrials	7.30	8	(8)
Telecommunication Services	3.00	9	(9)
Utilities	2.00	10	(10)
Materials	0.60	11	(11)
Total	100.00

more history»

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated using closing mid prices and with net income (dividends) reinvested. NAV total return performance figures are calculated using fully diluted (where applicable) daily estimated NAV figures from Thomson Financial Datastream and with gross income (dividends) reinvested.

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Tom O Jan 09th, 2012 at 10:03 AM

This trust has outstanding performance over the past year, though not the past 7 years, but for some reason is not tipped by the experts. Could it be that it has been overlooked because BRIC single country funds are seen as more sexy at the moment?