JPMorgan International Hedged Equity Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.7%
1 yr return
11.3%
3 Yr Avg Return
4.8%
5 Yr Avg Return
5.2%
Net Assets
$158 M
Holdings in Top 10
20.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.80%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
JIHIX - Profile
Distributions
- YTD Total Return 6.7%
- 3 Yr Annualized Total Return 4.8%
- 5 Yr Annualized Total Return 5.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.02%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameJPMorgan International Hedged Equity Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateMar 15, 2019
-
Shares Outstanding11237015
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHamilton Reiner
Fund Description
JIHIX - Performance
Return Ranking - Trailing
Period | JIHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -2.8% | 240.8% | 48.22% |
1 Yr | 11.3% | -4.3% | 140.6% | 84.78% |
3 Yr | 4.8%* | -8.3% | 18.3% | N/A |
5 Yr | 5.2%* | -5.0% | 17.3% | N/A |
10 Yr | N/A* | -4.6% | 13.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | JIHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.9% | -34.1% | 904.0% | 77.93% |
2022 | -11.5% | -28.6% | 438.4% | N/A |
2021 | 7.2% | -93.5% | 8.2% | N/A |
2020 | -3.6% | -38.9% | 19.8% | N/A |
2019 | N/A | -10.9% | 12.8% | N/A |
Total Return Ranking - Trailing
Period | JIHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -2.7% | 244.0% | 49.01% |
1 Yr | 11.3% | -4.3% | 140.6% | 82.17% |
3 Yr | 4.8%* | -8.3% | 18.3% | N/A |
5 Yr | 5.2%* | -5.4% | 17.3% | N/A |
10 Yr | N/A* | -4.6% | 13.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | JIHIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.9% | -34.1% | 904.0% | 77.93% |
2022 | -9.5% | -5.9% | 438.4% | N/A |
2021 | 10.0% | -81.2% | 8.2% | N/A |
2020 | -1.8% | -29.0% | 19.8% | N/A |
2019 | N/A | -10.9% | 12.8% | N/A |
NAV & Total Return History
JIHIX - Holdings
Concentration Analysis
JIHIX | Category Low | Category High | JIHIX % Rank | |
---|---|---|---|---|
Net Assets | 158 M | 25 | 17.4 B | 37.45% |
Number of Holdings | 200 | 2 | 508 | 15.27% |
Net Assets in Top 10 | 29.9 M | -6.66 M | 5.12 B | 77.10% |
Weighting of Top 10 | 20.51% | 11.3% | 100.0% | 92.00% |
Top 10 Holdings
- Novo Nordisk A/S, Class B 2.68%
- JPMorgan U.S. Government Money Market Fund, Class Institutional 2.49%
- Nestle SA (Registered) 2.43%
- ASML Holding NV 2.20%
- Shell plc 2.01%
- LVMH Moet Hennessy Louis Vuitton SE 1.90%
- AstraZeneca plc 1.84%
- MSCI EAFE Index 1.79%
- Roche Holding AG 1.70%
- BP plc 1.46%
Asset Allocation
Weighting | Return Low | Return High | JIHIX % Rank | |
---|---|---|---|---|
Stocks | 94.98% | -3.92% | 100.76% | 64.50% |
Cash | 3.80% | -0.76% | 100.29% | 35.11% |
Other | 1.22% | 0.00% | 45.92% | 14.50% |
Preferred Stocks | 0.00% | 0.00% | 3.08% | 74.43% |
Convertible Bonds | 0.00% | 0.00% | 20.91% | 75.57% |
Bonds | 0.00% | 0.00% | 97.96% | 76.34% |
Stock Sector Breakdown
Weighting | Return Low | Return High | JIHIX % Rank | |
---|---|---|---|---|
Financial Services | 18.42% | 0.00% | 29.60% | 6.72% |
Healthcare | 14.00% | 0.00% | 25.91% | 84.03% |
Industrials | 13.04% | 1.41% | 43.91% | 9.66% |
Consumer Defense | 10.98% | 0.00% | 22.87% | 13.45% |
Consumer Cyclical | 9.79% | 0.00% | 19.02% | 81.51% |
Technology | 9.16% | 0.00% | 44.43% | 86.97% |
Basic Materials | 8.12% | 0.00% | 60.58% | 5.46% |
Communication Services | 5.13% | 0.00% | 21.22% | 89.50% |
Energy | 4.43% | 0.00% | 69.54% | 20.17% |
Utilities | 4.00% | 0.00% | 13.35% | 16.39% |
Real Estate | 2.93% | 0.00% | 9.74% | 61.76% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | JIHIX % Rank | |
---|---|---|---|---|
Non US | 94.88% | -2.17% | 99.33% | 6.49% |
US | 0.10% | -3.89% | 100.00% | 82.06% |
JIHIX - Expenses
Operational Fees
JIHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.80% | 0.20% | 6.78% | 56.79% |
Management Fee | 0.25% | 0.20% | 1.75% | 5.22% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.08% | 0.02% | 0.28% | 20.41% |
Sales Fees
JIHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
JIHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
JIHIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 456.80% | 73.66% |
JIHIX - Distributions
Dividend Yield Analysis
JIHIX | Category Low | Category High | JIHIX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.59% | 0.00% | 3.76% | 76.95% |
Dividend Distribution Analysis
JIHIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Net Income Ratio Analysis
JIHIX | Category Low | Category High | JIHIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.02% | -2.54% | 14.24% | 10.25% |
Capital Gain Distribution Analysis
JIHIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.432 | OrdinaryDividend |
Dec 21, 2022 | $0.327 | OrdinaryDividend |
Dec 21, 2021 | $0.415 | OrdinaryDividend |
Dec 21, 2020 | $0.281 | OrdinaryDividend |
Dec 31, 2019 | $0.006 | OrdinaryDividend |
Dec 20, 2019 | $0.233 | OrdinaryDividend |
Aug 01, 2019 | $0.469 | OrdinaryDividend |
JIHIX - Fund Manager Analysis
Managers
Hamilton Reiner
Start Date
Tenure
Tenure Rank
Mar 15, 2019
3.21
3.2%
Hamilton Reiner, a Managing Director of J.P. Morgan Investment Management, Inc., is responsible for implementing the Fund’s overlay options strategy and for providing insight with respect to the impact to the options strategy of purchasing certain securities. Mr. Reiner has been the head of U.S. Equity Derivatives at JPMIM since 2012. He joined JPMorgan Chase in 2009 and from 2009 to 2012, he was a portfolio manager and head of U.S. Equity Derivatives at JPMorgan Chase. Prior to joining the firm, Mr. Reiner was head of the Equity Long/Short Prime Brokerage platform at Barclays Capital.
Winnie Cheung
Start Date
Tenure
Tenure Rank
Sep 16, 2020
1.7
1.7%
Winnie Cheung, a Vice President, is a portfolio manager in the International Equity Group focusing on the International Research Enhanced strategies. An employee since 2012, Ms. Cheung was previously a performance analyst. Ms. Cheung obtained a MSc in Finance from Cass Business School in London.
Piera Grassi
Start Date
Tenure
Tenure Rank
Sep 16, 2020
1.7
1.7%
Piera Elisa Grassi, managing director, is the lead portfolio manager for the Global and International REI (Research Enhanced Index) strategies within the International Equity Group, based in London. An employee since 2004, Piera Elisa was previously a portfolio manager and quantitative analyst in Global REI. Prior to joining, Piera Elisa was as a bond quantitative analyst and risk analyst at Foreign and Colonial Asset Management. Before this, she worked for BARRA in London, focusing on equity risk management and portfolio construction. Piera Elisa obtained a Laurea from Bocconi University in Milan.
Nicholas Farserotu
Start Date
Tenure
Tenure Rank
Sep 16, 2020
1.7
1.7%
Nicholas Farserotu, a Vice President, is a portfolio manager within the International Equity Group focusing on the International Research Enhanced strategies. An employee since 2015, Mr. Farserotu was previously an investment analyst at SphereInvest Group in Geneva. Mr. Farserotu obtained an MSc. in Financial Engineering from Imperial College London (with Distinction) and also holds an MSc. and a BSc. in Economics from the University of Geneva. He is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 19.77 | 3.61 | 5.67 |