Jupiter European Growth Fund L Acc USD (Hedged)

木星歐洲增長基金 L類 Acc 美元 (對沖)

LU0966834136

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.

On Holiday

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.50%

HKD10,000.00Min. Subscription

USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

16:30

2019-09-30

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+3.06%
3 mth
+2.34%
6 mth
+11.15%
1 yr
+8.05%
3 yr
+47.49%
5 yr
+82.49%

Analytical Figures (3 years)

Annualized Return
+13.83%
Annualized Volatility
+11.81%
Sharpe Ratio
+0.96

Fund Information

Fund Houses
Jupiter Asset Management (Hong Kong) Limited
Launch Date
2006-08-20
Fund Manager
Alexander Darwall
Manager Start Date
2007-4-2
Geographical Focus
Europe
Asset Class/ Sector
Equity - All 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 2019-09-18)
EUR 2,331,867,898.66
Management Fee
1.50%
Latest Dividend
N.A.

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.50%

HKD10,000.00Min. Subscription

USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

16:30

2019-09-30

Dividend Records

No Dividends

Investment Objective

To achieve long term capital growth by exploiting special investment opportunities in Europe.
The Fund will invest primarily in equity and equity related securities (including listed preference shares, listed convertible unsecured loan stock, listed warrants and other similar securities). The Fund will also invest, at all times, at least two thirds of its total assets (excluding liquid assets) in securities of issuers which have their registered office in Europe or exercise the predominant part of their economic activities in Europe (including UK) and which are considered by the Investment Manager to be undervalued or otherwise to offer good prospects for capital growth.

Nature and Extent of Risks

Investment involves risks. The key risks associated with the Fund are set out below.
Please refer to the offering documents for details of all the risk factors.
1. General investment risk
The Fund is an investment fund. The Fund’s investment portfolio may fall in value due to any of the key risk factors below and therefore investment in the Fund may suffer losses. There is no guarantee of the repayment of principal.
2. Risks related to investments in equities and equity-related securities
The Fund’s investment in equity securities and equityrelated securities is subject to general market risks, whose value may fluctuate due to various factors. Equities may be subject to strong price fluctuations, influenced by issuer-specific factors, changes in investment sentiment, the profits or otherwise of individual enterprises and sectors as well as macro-economic developments and political perspectives which determine the expectations of the securities markets and thus the movement of prices of the securities.
The Fund’s investment in equity-related securities is also subject to counterparty and liquidity risks. In addition, investment through equity-related securities may lead to a dilution of performance of the Fund when compared to a fund investing directly in the underlying equity securities due to, for example, the fees embedded in such equity-related securities.
3. Risks related to use of financial derivative instruments for hedging/efficient portfolio management
Risks associated with financial derivative instruments include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. In adverse circumstances, the Fund’s use of financial derivative instruments may become ineffective in hedging /efficient portfolio management and the Fund may suffer significant losses in relation to use of financial derivative investments. The leverage element/ component can even result in a loss significantly greater than the amount invested in the financial derivative instrument by the Fund.
4. Risks related to foreign currencies
Given that the Fund may invest in assets which are not in its base currency and the class currency may be different from the base currency of the Fund, the NAV may be affected unfavourably by the fluctuations in currency exchange rates between these currencies and the base currency and by changes in exchange rate controls. The Investment Manager does not currently intend to hedge the foreign currency exposure of the Fund.
5. Risks related to the European sovereign risks crisis
The Fund invests in equity or equity-related securities which the issuers have their registered office or exercise the predominant part of their economic activities in Europe. In light of the current fiscal conditions and ongoing concerns on the sovereign debt risk of certain European countries and certain countries within the Eurozone, there is an increased amount of volatility, liquidity, currency, default, price and foreign exchange risk associated with investments in Europe. The performance of the Fund could deteriorate significantly should there be any adverse credit events (e.g. downgrade of the sovereign credit rating of a European country) occurred.
6. Risks related to geographical concentration
The Fund will specialise in investing in a particular geographical region (i.e. Europe) and is likely to be more volatile than funds with a broader range of investments. The value of the Fund may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the European markets.
7. Risks related to stock concentration
The Fund tends to invest in fewer companies and may be more volatile than a broadly diversified one.

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852
3896 3896

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