Hargreaves Lansdown
Skip main menu Accessibility Cookie policy | Investor relations | Contact us | Press | About us | Careers | Register for online access

JPMorgan Multi Manager Growth Fund Inclusive - Class A - Income (GBP)

Sell: 604.20pBuy: 604.20p3.90p (0.64%)

Prices as at 21 October 2014

* Please note that there can be occasions when the Selling price shown may be temporarily higher than the Buying price. This can sometimes happen when the stock market is closed but it can also happen at other times for a variety of reasons. However, when the stock market is open and you place a trade, the selling price available to you will never be higher than the buying price. Live prices will be available when you place a deal with us during market hours. Please check these and contact us if you are unable to deal online.
Also available as accumulation units Help

Charges and Savings

Fund manager's initial charge: 3.00%
HL saving on initial charge: 3.00%
HL dealing charge: Free
Net initial charge: 0.00%
Fund manager's annual charge: 1.25%
HL saving on annual charge (loyalty bonus): 0.60%
Net annual charge: 0.65%
Fund manager's other expenses: 0.18%
Performance fee: No  

Please read the Simplified Prospectus/Key Investor Information Document (KIID) in addition to the information above. Further details available in the HL guide to fund prices, savings and yields. Loyalty bonus is paid tax-free in an ISA or SIPP but may be subject to tax in a Fund & Share Account.

HRMC believes that from April 2013 rebates of annual charges (such as loyalty bonuses) paid on funds held outside ISAs or SIPPs should be paid net of basic rate tax. We believe this is incorrect and are challenging HMRC's interpretation. However, in line with best client accounting practice and to save clients facing an unexpected bill in the future, we are currently paying loyalty bonuses within the Vantage Fund & Share Account net of an amount equivalent to the basic rate tax. If we are successful in our challenge we will return this money to clients. If we are unsuccessful we will use the money to pay over any amounts due to HMRC. Loyalty bonuses in the Vantage Fund & Share Accounts held by overseas investors, companies and charities will be paid without any deductions, as will loyalty bonuses in the Vantage ISA and Vantage SIPP which are exempt from tax.

Other Information

Unit type: Inclusive
Manager: Multiple
Fund launch date: 1 March 1937
Launch price: £0.50
Sector: Global
Fund size: £318 million
Number of holdings: 83
Fund type: ICVC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: The National Westminster Bank plc
Minimum investment: £100.00
Charges deducted from: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00


22/10/09 to 22/10/10 22/10/10 to 22/10/11 22/10/11 to 22/10/12 22/10/12 to 22/10/13 22/10/13 to 22/10/14
Annual return 15.75% -7.47% 7.68% 21.25% -0.34%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth 150 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 150 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 150 funds are superior alternatives. View funds on the Wealth 150 »

Fund Objective

To invest worldwide in any economic sector primarily through investment trusts. The Fund aims to provide capital growth over the long term. Currently, in addition to investment trusts the Fund may also invest in other closed-ended and open-ended funds.

Income Details

Historic yield : 0.40%
Income paid: Annually
Type of payment: Dividend
Ex-dividend date: 1 February 2015
Payment date: 30 April 20154

All yields are variable and not guaranteed. Information correct as at 31 August 2014.

Sector Weight
Equity Investment Instruments 95.90%
Financial Services 1.53%
Non-Classified 1.37%
Cash and Equiv. 0.89%
Bonds 0.31%
Country Weight
Non-Classified 95.90%
United Kingdom 3.20%
Cash and Equiv. 0.89%

Fund Manager

1 of 2
Photo of Katy Thorneycroft

Key facts

Katy Thorneycroft
Manager start date 01/08/2006
Manager located in London


Katy Thorneycroft, vice president, is a portfolio manager in the Global Multi-Asset Group. Katy focuses on the multi-strategy, Diversified Growth and Investment Trust funds. An employee since 1999, Katy was previously a member of the Global Multi Asset Group in New York and prior to this, was a portfolio manager in the European Equity Group in London where she focused on small and mid cap strategies. Katy obtained an M.Chem. from the University of Oxford, holds the Investment Management Certificate and is a CFA charterholder.

Photo of David Chan

Key facts

David Chan
Manager start date 01/03/2010
Manager located in London


David Chan, vice president, is a portfolio manager and analyst working on fund of funds portfolios in the Global Multi-Asset Group, based in London. An employee since 1997, David was previously an analyst in the Global Equities Team and prior to this was a performance analyst specialising in risk and attribution within the Performance Analysis Group. Prior to joining the firm, David spent three years as an actuarial trainee at National Provident Institution, having worked as an actuarial principal at Black Horse Life Assurance Company. David started his career as an actuarial assistant at Abbey Life Assurance Company. David obtained a BSc in Mathematics, Operation Research and Economics from the University of Essex and a Postgraduate Diploma in Actuarial Science from City University.

You can buy or sell holdings in this fund through a NISA, SIPP or Fund & Share Account

Data received from the Fund Management Company administering this fund and provided to you for your information. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.

Prices as at 21 October 2014. Data as at 31 August 2014.

Wealth 150 fund

The Wealth 150 is a list of what we believe are the best funds in all the main sectors. For a fund to be selected for the Wealth 150 it must pass a rigorous selection process, and we continually monitor the list to ensure it only contains the best funds.

Wealth 150+ fund

The Wealth 150 is a list of what we believe are the best funds in all the main sectors. For a fund to be selected for the Wealth 150 it must pass a rigorous selection process, and we continually monitor the list to ensure it only contains the best funds.

As investment returns depend on two factors - performance and charges - we have identified from the Wealth 150, the funds we believe offer the very best combination of outstanding performance potential and the best prices. These are the Wealth150+ funds. In many cases these super-low charges are only available through the Vantage Service - a unique benefit to Hargreaves Lansdown clients.

Core Tracker fund

The Core Trackers list represents what we believe are the very best trackers in each of the main sectors. We analysed each fund's management, process and performance to find the best combination of quality and cost. We want to ensure that the fund has not only tracked its index closely in the past, but that it has the best potential to track well in the future. In many cases these super-low charges are only available through the Vantage Service - a unique benefit to Hargreaves Lansdown clients.

Hargreaves Lansdown is authorised and regulated by the Financial Conduct Authority.

Disclaimer | Important Investment Notes | Terms & Conditions | Privacy Policy | Affiliate program | Site map | Send to a friend | Accessibility

Send this page to a friend

Email this page to a friend

Copy and paste the page URL for sending


Share this page on social media