JPMorgan Funds - Greater China Fund A Dis USD

摩根大中華基金A類Dis美元

LU0117841782

Risk Rating: Level 5

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.50%

HKD10,000.00Min. Subscription

HKD / JPY / EUR / GBP / RMB / USD / NZD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD16,000.00

Daily

16:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+4.06%
3 mth
+13.99%
6 mth
+9.47%
1 yr
+29.74%
3 yr
+53.54%
5 yr
+49.58%

Analytical Figures (3 years)

Annualized Return
+15.36%
Annualized Volatility
+19.14%
Sharpe Ratio
+0.67

Fund Information

Fund Houses
JPMorgan Funds (Asia) Ltd.
Launch Date
2001-05-17
Fund Manager
Howard Wang
Rebecca Jiang
Manager Start Date
Howard Wang (Start Date: 2005-08-01) Rebecca Jiang (Start Date: 2017-07-03)
Geographical Focus
Greater China
Asset Class/ Sector
Equity - Large cap
Risk Rating
Risk Level 5

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-11-10)
USD 616,314,905.18
Management Fee
1.50%
Latest Dividend
USD 0.030000 (2019-09-04)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.50%

HKD10,000.00Min. Subscription

HKD / JPY / EUR / GBP / RMB / USD / NZD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD16,000.00

Daily

16:30

-

Dividend Records

Dividend DateDividend Records (USD)
2019-09-040.030000
2018-09-040.010000
2017-09-110.060000
2016-08-310.530000
2015-09-150.780000
2014-09-160.150000
2013-09-120.200000
2012-09-120.230000
2011-09-140.230000
2010-09-150.140000
2009-09-010.730000
2008-09-011.420000
2007-09-090.500000
2006-09-070.580000
2005-09-130.210000
2004-09-070.220000
2003-09-220.080000
2002-09-190.010000

Investment Objective

To provide long-term capital growth by investing primarily in companies from the People’s Republic of China, Hong Kong and Taiwan (“Greater China”).

Nature and Extent of Risks

Investment involves risk. Please refer to the offering document(s) for details, including the risk factors.
1. Emerging markets risk
Emerging markets may be subject to increased political, regulatory and economic instability, less developed custody and settlement practices, poor transparency and greater financial risks. Some markets may carry higher risks for investors who should therefore ensure that they understand the risks involved and are satisfied that an investment is suitable as part of their portfolio. As a result, investors may get back less than they originally invested.
2. Investments in the People’s Republic of China (“PRC”) risk
Investing in the PRC is subject to the risks of investing in emerging markets and additional risks which are specific to the PRC market. Investments may be sensitive to changes in law and regulation together with political, social or economic policy which includes possible government intervention. In extreme circumstances, the Fund may incur losses due to limited investment capabilities, or may not be able to fully implement or pursue its investment objectives or strategy, due to local investment restrictions, illiquidity of the Chinese domestic securities market, and/or delay or disruption in execution and settlement of trades. The Fund will be exposed to any fluctuation in the exchange rate between the reference currency of the Fund and CNY (onshore RMB) or CNH (offshore RMB) in respect of such investments.
3. QFII/RQFII risk
The Fund may invest directly in the domestic securities markets of the PRC through the QFII and/or RQFII quota of the Investment Manager since the China Securities Regulatory Commission (“CSRC”) has granted a QFII licence and a RQFII licence to the Investment Manager and a portion of the QFII and/or RQFII quota of the Investment Manager have been made available to the Fund. The current QFII/RQFII regulations impose strict restrictions (including rules on investment restrictions and repatriation of principle and profits) on investments. These are applicable to the Investment Manager and not only to the investments made by the Fund. Thus, investors should be aware that violations of the QFII/RQFII regulations on investments arising out of activities of the Investment Manager could result in the revocation of, or other regulatory actions in respect of the quota, including any other portion for investment in QFII/RQFII eligible securities. There can be no assurance that the Investment Manager will continue to maintain its QFII/RQFII status or make available its QFII/RQFII quota, or that the Fund will be allocated sufficient portion of the QFII/ RQFII quota granted to the Investment Manager to meet all applications for subscription to the Fund, or that redemption requests can be processed in a timely manner. Investors should note that the Investment Manager’s QFII/RQFII status could be suspended or revoked, which may have an adverse effect on the Fund’s performance as the Fund will be required to dispose of its securities.
4. Risks related to participation notes
Participation notes are exposed not only to movements in the value of the underlying equity, but also to the risk of counterparty default, which could result in the loss of the full market value of the participation note.
5. Currency risk
Where the currency of the Fund varies from the investor’s home currency or where the currency of the Fund varies from the currencies of the markets in which the Fund invests, there is the prospect of additional loss to the investor greater than the usual risks of investment. Also, movements in currency exchange rates can adversely affect the return of the investment and as a result, investors may get back less than they originally invested.
6. Liquidity risk
Lack of liquidity may adversely affect the ease of disposal of assets. The absence of reliable pricing information in a particular security held by the Fund may make it difficult to access reliably the market value of assets. As a result, investors may get back less than they originally invested.
7. Equity risk
Equity markets may fluctuate significantly with prices rising and falling sharply, and this will have a direct impact on the Fund’s net asset value. When equity markets are extremely volatile, the Fund’s net asset value may fluctuate substantially. As a result, investors may get back less than they originally invested.
8. Smaller companies risk
The Fund which invests in smaller companies may fluctuate in value more than other funds because of the greater potential volatility of share prices of smaller companies. As a result, investors may get back less than they originally invested.
9. Payment of distributions out of capital risk
The Fund may at its discretion pay dividends out of capital. The Fund may also at its discretion pay dividends out of gross income while charging all or part of the Fund’s fees and expenses to the capital of the Fund, resulting in an increase in distributable amount for the payment of dividends and therefore, effectively paying dividends out of realised, unrealised capital gains or capital. Investors should note that, share classes of the Fund which pay dividends may distribute not only investment income, but also realised and unrealised capital gains or capital. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any dividend payments, irrespective of whether such payment is made up or effectively made up out of income, realised and unrealised capital gains or capital, may result in an immediate reduction of the net asset value per share.

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852
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