Jupiter Monthly Income Inc

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Quick Stats

Bid Price - Offer Price -
Mid Price GBX 29.76 Day Change GBX +0.11 (0.37%)
Price Date 12 Dec 2018 Crown Rating 5
Shares Class Inc. Yield 4.70 %
Total Expense Ratio 1.73 Fund Size 207,669,060.00
Launch Date 01/03/2000 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.50 Sector IMA UK Equity Income
Min Investment (£) 5,000.00 Total Expense Ratio (%) 1.73
ISIN GB0009500207 Min TopUp (£) 50.00
Ongoing Charge (%) 1.7000 Ongoing Charge Date 30/11/2018

Fund Objective

The objective of the Fund is to achieve a high level of sustainable income with prospects of capital growth. The Fund's investment policy is to attain the objective by investing principally in UK equities via various classes of investment trust securities, with some exposure to fixed interest securities.

Fund Managers

Richard Curling

Richard joined Jupiter in 2006 and is a fund manager in the UK Growth team. He manages the Jupiter Fund of Investment Trusts, the Jupiter Monthly Income Fund and the Jupiter UK Alpha Fund (all Unit Trusts). Before joining Jupiter, Richard worked originally for Morgan Grenfell as manager of the UK Pensions and Income Funds, prior to its acquisition by Deutsche Bank where he was appointed managing director and head of Small Caps. In this position, held for more than 10 years, Richard was responsible for managing the UK and European Small Cap team and running Small Cap equity mandates. Between 1996 and 2003, he was also head of Global Small Caps and responsible for the Global/EAFE Small Cap product. Richard has a degree from Edinburgh University and is an Associate of the Society of Investment Analysts.

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
EUROPEAN ASSETS TRUST NV EUR0. 2.67%
SCHRODER ORIENTAL INCOME 2.55%
BMO BMO UK HIGH INCOME TRUST P 2.54%
BIOPHARMA CREDIT 2.44%
SEQUOIA ECONOMIC INFRASTRUCTUR 2.40%
APAX GLOBAL ALPHA LIMITED ORD 2.18%
RENEWABLES INFRASTRUCTURE GRP( 2.05%
SECURE INCOME REIT 2.00%
PRINCESS PRIVATE EQUITY HLDGS 1.99%
REAL ESTATE CREDIT INVESTMENTS 1.92%

Asset Breakdown

Name Weight
African Equity 1.08%
Asia Pacific ex Japan Equities 0.04%
Canadian Equities 0.65%
Canadian Fixed Interest 0.18%
Convertibles 0.30%
Dutch Equities 3.15%
Dutch Fixed Interest 0.10%
French Fixed Interest 0.10%
Irish Equities 0.84%
Luxembourg Fixed Interest 0.10%
Money Market 11.90%
North American Equities 2.63%
Others 1.45%
UK Equities 73.76%
UK Fixed Interest 3.71%

Region Breakdown

Name Weight
Asia Pacific ex Japan 0.04%
Bermuda 2.63%
Canada 0.83%
France 0.10%
Ireland 0.84%
Luxembourg 0.10%
Mauritius 1.08%
Money Market 11.90%
Netherlands 3.25%
UK 79.23%

Sector Breakdown

Name Weight
Financials 60.96%
Materials 0.57%
Money Market 11.90%
Others 26.56%