JPMorgan Market Neutral Fund Class A Shares

 (MUTF:HSKAX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.41%  
1 week
   
-0.81%  
4 week
   
-0.34%  
3 month
   
-0.14%  
YTD   +2.31%
   
1 year   +2.81%
   
3 years*   +0.00%  
5 years*
   
-1.48%  
*annualized
Best 3 month return+4.66%  
Worst 3 month return-5.00%  

Morningstar statistics

Morningstar category: Market Neutral
  Return Risk Rating
3 years Below Average Average
5 years Low Average
10 years     -     - -
Overall Low Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets112.40M 
Front load5.25%  
Deferred load-  
Expense ratio1.51%  
Management fee-  
Fund familyJPMorgan 

Asset allocation

Cash99.91%  
Stocks5.45%  
Bonds0.00%  
Other0.00%  

Purchase information

Initial$1,000  
Additional$25  
IRA Initial$1,000  
AIP Initial$100  
AIP Additional$100  
14.68+0.05(0.34%)
Dec 17, 4:00PM EST Overall Morningstar RatingTM

Description

The investment seeks to provide long-term capital appreciation from a broadly diversified portfolio of U.S. stocks while neutralizing the general risks associated with stock market investing. The fund takes long and short positions in different securities, selecting from a universe of mid- to large-capitalization stocks with characteristics similar to those of the Russell 1000 and/or Standard & Poor's 500 (S&P 500) Indexes, in an effort to insulate the fund's performance from the effects of general stock market movements.
Fund filings (PDF) »
Asset managers:
Steven Lee (Started: Feb 12, 2014)
Raffaele Zingone (Started: Feb 12, 2014)
Advisor Company:
J.P. Morgan Investment Management Inc.
Fund family reports on Morningstar »
100 Wood Street, 1111 Polaris Parkway, Ste. 2-j, Columbus OH 43240, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 2.08 0.00 -1.48     -
Beta* 0.08 0.02 -0.02     -
Mean annual return 0.21 0.01 -0.12     -
R-squared* 1.19 0.03 0.04     -
Standard deviation 1.75 3.23 3.17     -
Sharpe ratio 1.42 0.02 -0.49     -
* Against standard index

Top 10 holdings

Security Net Assets  
Lockheed Martin Corp (LMT) 2.41%  
Time Warner Inc (TWX) 2.35%  
Union Pacific Corp (UNP) 2.15%  
AT&T Inc (T) 2.07%  
Intel Corp (INTC) 2.07%  
ACE Ltd (ACE) 2.04%  
Southern Co (SO) 2.03%  
Alcoa Inc (AA) 1.90%  
Avago Technologies Ltd (AVGO) 1.90%  
Canadian Pacific Railway Ltd (CP) 1.89%