MARKETING COMMUNICATION | Factsheet | 30 September 2024 Summary Risk Indicator
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JPMorgan Funds -
Greater China Fund
Class: JPM Greater China A (acc) - USD
Fund overview Fund ratings As at 31 August 2024
ISIN Bloomberg Reuters Morningstar Category™ Greater China Equity
LU0210526801 JPGCAAU LX LU0210526801.LUF
Investment objective: To provide long
long--term capital growth by investing Performance
primarily in companies from the People's Republic of China, Hong Kong
and Taiwan ("Greater China"). 1 Class: JPM Greater China A (acc) - USD
2 Benchmark: MSCI Golden Dragon Index (Total Return Net)
Investment approach
l
Uses a fundamental, bottom
bottom--up stock selection process. Growth of USD 100,000 Calendar years
l
Uses a high conviction approach to finding the best investment ideas.
l
Seeks to identify high quality companies with superior and
sustainable growth potential.
Portfolio manager(s) Share class Class launch
Rebecca Jiang currency USD 31 Mar 2005
Li Tan Fund assets Domicile Luxembourg
Investment Advisor(s) USD 1404.0m Entry/exit charges
Howard Wang* Fund launch Entry charge (max) 5.00%
Fund reference 18 May 2001 Exit charge (max) 0.50%
currency USD 30 Sep 2019 30 Sep 2024
NAV USD 39.12 Ongoing charge 1.75%
Calendar Year Performance (%)
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
ESG information 6.12 -5.21 -1.37 55.81 -23.84 42.71 58.02 -9.68 -29.26
29.26--10.19
ESG approach - ESG Promote 7.69 -7.43 5.41 43.79 -14.80 23.78 28.17 -9.47 -22.34 -0.90
Promotes environmental and / or social characteristics.
Return (%)
SFDR classification: Article 8
"Article 8" strategies promote social and/or environmental Cumulative Annualised
characteristics, but do not have sustainable investing as a core 1 month 3 months 1 year YTD 3 years 5 years 10 years
objective. 17.59 13.50 20.51 19.17 -9.66 4.45 6.09
14.41 14.32 31.35 27.57 -1.25 5.40 5.84
Performance Disclosures
Past performance is not a guide to current and future performance.
The value of your investments and any income from them may fall
as well as rise and you may not get back the full amount you
invested.
ESG
For more information on our approach to sustainable investing at J.P.
Morgan Asset Management please visit
https://am.jpmorgan.com/lu/esg
Page 2 of 3 | Factsheet | 30 September 2024 Class: JPM Greater China A (acc) - USD
Portfolio analysis
Measurement 3 years 5 years Regions (%) As at 31 August 2024 Compared to benchmark
Correlation 0.98 0.97 China 56.4 +4.7
Alpha (%) -8.53 -0.90 Taiwan 32.0 -7.7
Beta 1.04 1.06 Hong Kong 11.3 +2.7
Annualised volatility (%) 27.27 25.16 Cash 0.3 +0.3
Sharpe ratio -0.38 0.20
Tracking error (%) 5.07 6.03
Information ratio -1.67 -0.07 Sectors (%) As at 31 August 2024 Compared to benchmark
Information Technology 33.2 -0.9
Consumer Discretionary 17.8 +2.1
Holdings As at 31 August 2024 Communication Services 15.3 +2.7
Top 10 Sector % of assets Financials 13.2 -4.4
Communication Industrials 8.3 +3.3
Tencent 9.9 Real Estate 4.5 +1.9
Services
Consumer Staples 3.4 +0.6
Information
Taiwan Semiconductor 9.6 Utilities 2.5 0.0
Technology
Health Care 1.5 -0.7
Consumer
Meituan 3.5 Materials 0.0 -2.8
Discretionary
Energy 0.0 -2.1
AIA Financials 3.1
Cash 0.3 +0.3
HKEX Financials 3.0
Information
Quanta Computer 2.7 Market Positions (%) Compared to benchmark
Technology
Consumer Taiwan 32.0 -7.8
Pinduoduo 2.5 P Chip 20.9 -4.0
Discretionary
Consumer A Shares 13.4 +5.4
Trip.com 2.4 H Shares 10.1 -2.5
Discretionary
Hong Kong 9.8 +1.5
China Pacific Insurance Financials 2.3
Red Chip 6.8 +4.1
Information
Realtek Semiconductor 2.2 China Others 6.7 +3.1
Technology
B Shares 0.0 -0.1
Cash 0.3 +0.3
Market cap (%) (USD) As at 31 August 2024
n 29.85 > 100 bn
n 45.40 10 bn <> 100 bn
n 24.75 1 bn <> 10 bn
n 0.00 < 1 bn
Page 3 of 3 | Factsheet | 30 September 2024 Class: JPM Greater China A (acc) - USD
The return of your investment may change as a result of currency
Key risks fluctuations if your investment is made in a currency other than that
The Sub
Sub-- Fund is subject to Investment risks and Other used in the past performance calculation.
associated risks from the techniques and securities it uses
Indices do not include fees or operating expenses and you cannot
to seek to achieve its objective.
invest in them.
The table on the right explains how these risks relate to each
other and the Outcomes to the Shareholder that could The benchmark is for comparative purposes only unless specifically
affect an investment in the Sub
Sub-- Fund. referenced in the Sub
Sub-- Funds' Investment Objective and Policy.
Investors should also read Risk Descriptions in the Holdings information
Prospectus for a full description of each risk.
Market Cap excludes cash.
Information Sources
Investment risks Risks from the Sub
Sub-- Fund
Fund’’s techniques and Fund information, including performance calculations and other
securities data, is provided by J.P. Morgan Asset Management (the marketing
Techniques Securities name for the asset management businesses of JPMorgan Chase &
Concentration China Participation notes Co. and its affiliates worldwide).
Hedging Emerging markets Smaller companies All data is as at the document date unless indicated otherwise.
Equities SPACs © 2024 Morningstar. All Rights Reserved. The information contained
herein: (1) is proprietary to Morningstar; (2) may not be copied or
▼ distributed; and (3) is not warranted to be accurate, complete or
Other associated risks Further risks the Sub
Sub-- Fund is exposed to timely. Neither Morningstar nor its content providers are responsible
from its use of the techniques and securities above for any damages or losses arising from any use of this information.
Currency Liquidity Market Benchmark Source: MSCI. Neither MSCI nor any other party involved
in or related to compiling, computing or creating the MSCI data makes
▼ any express or implied warranties or representations with respect to
Outcomes to the Shareholder Potential impact of the risks above such data (or the results to be obtained by the use thereof), and all
Loss Volatility Failure to meet the such parties hereby expressly disclaim all warranties of originality,
Shareholders Shares of the Sub
Sub-- Sub-Fund’s accuracy, completeness, merchantability or fitness for a particular
could lose some or Fund will fluctuate objective. purpose with respect to any of such data. Without limiting any of the
all of their money. in value. foregoing, in no event shall MSCI, any of its affiliates or any third party
involved, in or related to compiling, computing, or creating the data
have any liability for any direct, indirect, special, punitive,
General Disclosures consequential or any other damages (including lost profits) even if
Before investing, obtain and review the current prospectus, Key notified of the possibility of such damages. No further distribution or
Information Document (KID) and any applicable local offering dissemination of the MSCI data is permitted without MSCI's express
document. These documents, as well as the sustainability-related written consent.
disclosures, the annual and semi-annual reports and the articles Issuer
of incorporation, are available in English free from your financial
JPMorgan Asset Management (Europe) S.à r.l., 6, route de Trèves, L L--
adviser, your J.P. Morgan Asset Management regional contact,
2633 Senningerberg, Luxembourg. B27900, corporate capital EUR
the fund’s issuer (see below) or at www.jpmam.lu. A summary of
10.000.000.
investor rights is available in English at
https://am.jpmorgan.com/lu/investor-rights. J.P. Morgan Asset
Management may decide to terminate the arrangements made for Definitions
the marketing of its collective investment undertakings.
This material should not be considered as advice or an investment NAV Net Asset Value of a fundfund’’s assets less its liabilities per Share.
recommendation. Fund holdings and performance are likely to have Correlation measures the strength and direction of the relationship
changed since the report date. between movements in fund and benchmark returns. A correlation
To the extent permitted by applicable law, we may record telephone of 1.00 indicates that fund and benchmark returns move in lockstep
calls and monitor electronic communications to comply with our in the same direction.
legal and regulatory obligations and internal policies. Personal data Alpha (%) a measure of excess return generated by a manager
will be collected, stored and processed by J.P. Morgan Asset compared to the benchmark. An alpha of 1.00 indicates that a fund
Management in accordance with our EMEA Privacy Policy has outperformed its benchmark by 1%.
www.jpmorgan.com/emea
www.jpmorgan.com/emea-- privacy
privacy-- policy Beta measures a fundfund’’s sensitivity to market movements (as
For additional information on the sub
sub-- fund
fund’’s target market please represented by the fund
fund’’s benchmark). A beta of 1.10 suggests the
refer to the Prospectus. fund could perform 10% better than the benchmark in up markets
and 10% worse in down markets, assuming all other factors remain
Risk Indicator - The risk indicator assumes you keep the product for constant. Usually the higher betas represent riskier investments.
5 year(s). The risk of the product may be significantly higher if held for Annualised volatility (%) measures the extent to which returns vary
less than the recommended holding period. up and down over a given period.
*Non
*Non-- Discretionary Investment Advisor Sharpe ratio performance of an investment adjusting for the
Current ongoing charge comprises annual management fee and amount of risk taken (compared a risk risk-- free investment). The higher
operating & administrative expenses. Excludes transaction costs and the Sharpe ratio the better the returns compared to the risk taken.
may differ from ongoing costs as per KID which are an estimate Tracking error (%) measures how much a fund fund’’s returns deviate
based on the actual costs incurred over the past year. from those of the benchmark. The lower the number the closer the
fund
fund’’s historic performance has followed its benchmark.
Performance information Information ratio measures if a manager is outperforming or
Source: J.P. Morgan Asset Management. Share class performance is underperforming the benchmark and accounts for the risk taken to
shown based on the NAV (net asset value) of the share class with achieve the returns. A manager who outperforms a benchmark by 2%
income (gross) reinvested including actual ongoing charges p.a. will have a higher IR than a manager with the same
excluding any entry and exit fees. outperformance but who takes more risk.
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