JPMorgan is well known as one of the world’s leading financial management companies and manages more than $1.2 trillion worth of assets. However, it is also the fourth-largest mutual fund firm in the U.S. and manages over 100 mutual funds. In addition, it offers managed accounts and retirement products. It prides itself on being the leading provider of market neutral funds in the domestic market. The company has pioneered the introduction of innovative, inflation-protected municipal products.
Below we will share with you 5 top rated JPMorgan funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all JPMorgan funds, then click here.
JPMorgan International Value A (JFEAX) seeks total return. The fund invests in equity securities which are part of the Morgan Stanley Capital International EAFE Value index. It purchases common and preferred stock, convertible securities and privately placed securities. The fund returned 33.98% over the last one year period.
The JPMorgan fund has a minimum initial investment of $1,000 and an expense ratio of 1.36% compared to a category average of 1.43%.
JPMorgan Small Cap Growth A (PGSGX) invests the majority of its assets in small cap companies. The companies selected for investment must be those included in the Russell 2000 Growth index at the time of purchase. It seeks capital appreciation over the long term. It has a five year annualized return of 7%.
As of March 2010, this fund held 111 issues, with 2.05% of its total assets invested in JPMorgan Liquid Assets Money Market Fund.
JPMorgan Market Expansion Index A (OMEAX) seeks to match the price and yield performance of common stocks of small and mid-cap companies. It selects stocks which are part of the universe of the the S&P SmallCap 600 and S&P MidCap 400 indexes. The fund has returned 48.49% in the last one year period and has a ten year annualized return of 6.69%.
Michael S. Loeffler is the fund manager and he has managed this JPMorgan fund since 2004.
JPMorgan US Real Estate A (SUSIX) seeks current income and long-term capital growth. It invests the majority of its assets in securities of publicly traded companies located in the U.S. At least 25% of its assets are invested in industries in the real estate sector. The fund has returned 73.13% in the last one year period.
The JPMorgan fund has a minimum initial investment of $1,000 and an expense ratio of 1.18% compared to a category average of 1.52%.
JPMorgan Intrepid Mid Cap A (PECAX) seeks capital growth over the long term. At least 80% of its assets are used to purchases equity securities of mid cap companies. These include common and preferred stocks, rights, warrants and convertible securities. The fund has a five year annualized return of 4.48%.
Jason T. Alonzo is the fund manager and he has managed this JPMorgan fund since 2005.
To view the Zacks Rank and past performance of all JPMorgan funds, then click here.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds/mutualfund/
