JPMorgan Market Neutral Fund Class A Shares

 (MUTF:HSKAX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.07%
   
1 week
   
-0.21%  
4 week   +0.07%
   
3 month
   
-1.90%  
YTD
   
-1.83%  
1 year
   
-0.14%  
3 years*
   
-0.16%  
5 years*
   
-1.17%  
*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 assets94.01M 
Front load5.25%  
Deferred load-  
Expense ratio1.52%  
Management fee-  
Fund familyJPMorgan 

Asset allocation

Cash97.29%  
Stocks2.72%  
Bonds0.00%  
Other0.00%  

Purchase information

Initial$1,000  
Additional$50  
AIP Initial$1,000  
AIP Additional$50  
14.48+0.01(0.07%)
Jun 19, 4:00PM EDT 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* 1.12 -0.24 -0.81     -
Beta* -0.34 -0.03 -0.12     -
Mean annual return 0.01 -0.02 -0.10     -
R-squared* 16.11 0.06 1.03     -
Standard deviation 2.56 3.20 3.17     -
Sharpe ratio 0.03 -0.09 -0.39     -
* Against standard index

Top 10 holdings

Security Net Assets  
Union Pacific Corp (UNP) 2.59%  
Avago Technologies Ltd (AVGO) 2.40%  
Lam Research Corp (LRCX) 2.22%  
Lowe's Companies Inc (LOW) 2.17%  
ACE Ltd (ACE) 2.00%  
Honeywell International Inc (HON) 1.84%  
Intel Corp (INTC) 1.76%  
NVIDIA Corp (NVDA) 1.68%  
United Technologies Corp (UTX) 1.66%  
Southern Co (SO) 1.59%