For investors keen to capitalise on the growth potential of eurozone markets, the JPMorgan Funds - Euroland Dynamic Fund uses its unconstrained approach to select the best stock ideas in the single currency bloc.

Fund Highlights

Proven performance track record
The fund has produced strong returns since launch, and is managed by a team with a track record of outperformance since 2000.


Pure exposure to the eurozone
Access to the growth potential of eurozone markets as the region recovers and confidence returns.


Attractive growth opportunities
The eurozone corporate sector is well placed to benefit from a pick-up in economic momentum.


A strong and stable investment team
The fund’s managers have successfully managed high alpha European equity portfolios for more than a decade.


Dynamic portfolio construction
Our “best-ideas” approach aims to boost alpha potential, while controlling risk at the absolute rather than relative level.


Benefit from eurozone corporate strength

The eurozone economy is showing signs of recovery and a weaker euro is boosting exports, while lower fuel costs are also providing a tailwind to corporate profits. Furthermore, company balance sheets have been strengthened by cost-cutting programmes and debt reduction undertaken over the past few years. Therefore, any recovery in demand should quickly feed through to profits. However, not all eurozone companies are equally placed to benefit. The key in this environment is to maintain a highly selective approach to identify those attractively valued companies that have the biggest potential to grow their earnings.



Top holdings

Allianz4,0%VINCI2,9%
Total3,8%Airbus2,9%
Repsol3,3%LVMH2,8%
BASF3,3%Orange2,6%
ASML3,0%Enel2,5%
as of: 31.07.2018


Performance (as of: 31.07.2018)

 1 month3 months1 year3 years5 yearsSince inception
Fund1,89%-0,03%4,02%6,32%58,63%145,11%
Benchmark3,46%1,09%6,53%12,47%56,46%115,58%
Excess return-1,52%-1,11%-2,35%-5,47%1,39%13,70%

Inception: 20 September 2011

Source: J.P. Morgan Asset Management.
Fund performance is shown based on the NAV of the share class with income (Gross) reinvested including actual ongoing charges excluding entry and exit fees. Past performance is not an indication of current and future performance.

Investment objective

To maximise long-term capital growth by investing primarily in an aggressively managed portfolio of companies of countries which are part of the Euro-zone ("Euroland Countries").

Share class
JPM Euroland Dynamic A (perf) (acc) - EUR
ISIN
LU0661985969
Benchmark
MSCI EMU Index (Total Return Net)
Fund manager(s)
Jon Ingram
John Baker
Anis Lahlou-Abid
Fund launch date
20.09.11
Fund size
EUR 624,5m
Morningstar rating
4
Maximum Total Expense Ratio
1,80%
Morningstar Rating™ as of 31.07.2018. © Morningstar. All Rights Reserved.
Assets Under Management as of 17.08.2018