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JPMorgan Australia Fund Acc USD

摩根澳洲基金 Acc 美元

HK0000055613

Risk Rating: Level 3

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 three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-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

14:00

2021-01-25

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+3.85%
3 mth
+17.71%
6 mth
+22.33%
1 yr
+10.47%
3 yr
+3.90%
5 yr
+50.91%

Analytical Figures (3 years)

Annualized Return
+1.28%
Annualized Volatility
+26.11%
Sharpe Ratio
+0.12

Fund Information

Fund Houses
JPMorgan Funds (Asia) Ltd.
Launch Date
1981-06-14
Fund Manager
Albert Chuang
Pingyi Lin
Manager Start Date
Albert Chuang (Start Date: 2020-01-13) Pingyi Lin (Start Date: 2020-01-13)
Geographical Focus
Australia
Asset Class/ Sector
Equity - Large cap
Risk Rating
Risk Level 3

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 three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2020-12-30)
USD 22,534,123.599
Management Fee
1.50%
Latest Dividend
USD 0.622800 (2008-09-29)

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

14:00

2021-01-25

Dividend Records

Dividend DateDividend Records (USD)
2008-09-290.622800
2007-09-270.291200
2006-09-280.171600
2005-09-290.216900
2004-09-290.111000
2003-09-290.095000
2002-09-290.023100
2001-09-090.040500
2000-09-280.060000
1999-09-290.094200
1998-09-290.102300
1998-03-170.035000
1997-09-290.110000
1996-09-290.070000
1995-10-010.055000
1994-09-290.021000
1993-06-290.043000
1992-06-290.055000
1991-06-260.060000
1989-06-290.066000

Investment Objective

The investment policy of the Fund is to provide investors with long term capital growth by investing primarily (i.e. at least 70% of its total net asset value) in equity securities of companies listed on the Australian Securities Exchange.

Nature and Extent of Risks

Investment involves risk. Please refer to the offering document(s) for details, including the risk factors.
1. Investment risk
– The Fund’s investment portfolio may fall in value due to any of the key risk factors below and therefore your investment in the Fund may suffer losses. There is no guarantee of the repayment of principal.
2. Equity risk
– The Fund’s investment in equity securities is subject to general market risks, whose value may fluctuate due to various factors, such as changes in investment sentiment, political and economic conditions and issuer-specific factors. 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 and the Fund could suffer substantial loss.
3. Concentration risk
– The Fund concentrates its investments in Australia. Investors should be aware that the Fund is likely to be more volatile than a more broadly diversified fund. The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting that geographical area.
4. Risks associated with proprietary quantitative process that uses multiple factors to select securities
– Securities with positive momentum may be more volatile than the market as a whole, and that the returns on securities that previously have exhibited momentum may be less than returns on other styles of investing. Momentum can turn quickly, and stocks that previously have exhibited high momentum may not experience continued positive momentum. Also, securities that have previously been identified with strong valuation characteristics and/or quality characteristics may not continue to be good values and/or quality companies and that the returns of such securities may be less than returns on other styles of investing. In addition, there may be periods when value investing, momentum style of investing and/or quality style of investing are out of favor and therefore, the performance of the Fund may suffer.
5. Currency risk
– The assets in which the Fund is invested and the income from the assets will or may be quoted in currency which are different from the Fund’s base currency. Also, a class may be designated in a currency other than the base currency of the Fund. The performance of the Fund and/or a class will therefore be affected by changes in exchange rate controls and movements in the exchange rate between these currencies and the base currency. Investors whose base currency is different (or not in a currency linked to the Fund’s or a class’ currency of denomination) may be exposed to additional currency risk.
6. Liquidity risk
– The Fund may invest in instruments where the volume of transactions may fluctuate significantly depending on market sentiment or which are traded infrequently or on comparatively small markets. There is a risk that investments made by the Fund are less liquid compared to more developed markets or may become less liquid in response to market developments or adverse investor perceptions, particularly in respect of larger transaction sizes.
7. Derivatives risk
– Risks associated with derivatives include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-thecounter transaction risk. The leverage element/component of a derivative can result in a loss significantly greater than the amount invested in the derivatives by the Fund. Exposure to derivatives may lead to a high risk of significant loss by the Fund.
8. Class currency risk
– The Class Currency of each Class may be different from the Fund’s base currency, the currencies of which the Fund’s assets are invested and/or investors’ base currencies of investment. If an investor converts its base currency of investment to the Class Currency in order to invest in a particular Class and subsequently converts the redemption proceeds from that Class Currency back to its original base currency of investment, the investor may suffer a loss due to the depreciation of the Class Currency against the original currency. For example, if an investor whose base currency of investment is Hong Kong dollars (i.e. not Australian dollars) and chooses to invest in the AUD Class, the investor may be exposed to a higher currency risk. The investor may suffer a higher loss as a result of exchange rate fluctuations between Hong Kong dollars and Australian dollars upon the reconversion of its Australian dollars investment back to Hong Kong dollars as compared to an investor whose base currency of investment is originally in Australian dollars.