Use the Guide
Browse the Guide
Portfolio Discussions
Dr. Kelly's Review
Use the Guide
Guide to Retirement
Discussions
Client Presentation
Headlines
Employment & the Fed
Navigating fiscal uncertainty
European Markets
U.S. Recovery
Headlines
Employment & the Fed
Navigating fiscal uncertainty
European Markets
U.S. Recovery
Featured Topics
Fixed Income
U.S. Equities
Income Opportunities
Global Growth
Looking for other topics? Visit the Library
Choose a Shortcut

Mid Cap Equity Fund - R2 (JMCEX)

Mid Cap Equity Fund - R2 (JMCEX)
 ! This share class currently has a limited offering, please see prospectus for more details on the offering.
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources

Objective

The Fund seeks long-term capital growth.

Strategy/Investment process

  • Invests primarily in equity securities of mid-cap companies with market capitalizations equal to those within the universe of the Russell Midcap Index.
  • Employs a bottom-up approach to stock selection, constructing portfolios based on company fundamentals, quantitative screening and proprietary fundamental analysis.
  • Focuses on mid-sized companies with increasing market share, strong earnings prospects and sustainable free cash flows.
Performance basics
  Annualized returns (as of 3/31/2014)
  1 Year 3 Year 5 Year 10 Year
at NAV 26.17% 14.96% 23.71% 9.83%
Russell Midcap Index 23.51% 14.39% 25.55% 10.05%
Lipper Mid-Cap Core Funds Index 23.62% 12.28% 23.11% 8.98%

The performance quoted is past performance and is not a guarantee of future results. Mutual funds are subject to certain market risks. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Current performance may be higher or lower than the performance data shown. For performance current to the most recent month-end, please call 1-800-480-4111.

Annual operating expenses (%)
Expense cap expiration date 10/31/2016
Expense cap 1.50%
Total annual operating expenses 1.65%
Fee waivers and/or expense reimbursements 0.14%
Net expenses 1.51%

Fee waivers and/or expense reimbursements,Net Expenses
The Investment Advisor, Administrator and Distributor (the "Service Providers") have contractually agreed to waive fees and/or reimburse expenses to the extent that Total Annual Operating Expenses (excluding Acquired Fund Fees and Expenses, dividend expenses relating to short sales, interest, taxes, expenses related to litigation and potential litigation, extraordinary expenses and expenses related to the Board of Trustees' deferred compensation plan) exceed the expense cap of the average daily net assets through the expense cap expiration date. This contract continues through that date, at which time the Service Providers will determine whether or not to renew or revise it.

Minimum investments
Minimum investments Minimum subsequent investments
Regular No Minimum. Regular No Minimum.
IRA No Minimum. IRA No Minimum.
Daily stats (as of 4/24/2014)
NAV YTD
$42.47 2.26%
$0.08 | -0.19%  
 
NAV as of:
  • Mon
    Mar 17
    2014
    $43.26
     
  • Tue
    Mar 18
    2014
    $43.59
     
  • Wed
    Mar 19
    2014
    $43.36
     
  • Thu
    Mar 20
    2014
    $43.52
     
  • Fri
    Mar 21
    2014
    $43.33
     
  • Mon
    Mar 24
    2014
    $42.85
     
  • Tue
    Mar 25
    2014
    $42.84
     
  • Wed
    Mar 26
    2014
    $42.37
     
  • Thu
    Mar 27
    2014
    $42.25
     
  • Fri
    Mar 28
    2014
    $42.52
     
  • Mon
    Mar 31
    2014
    $42.97
     
  • Tue
    Apr 01
    2014
    $43.47
     
  • Wed
    Apr 02
    2014
    $43.60
     
  • Thu
    Apr 03
    2014
    $43.32
     
  • Fri
    Apr 04
    2014
    $42.62
     
  • Mon
    Apr 07
    2014
    $41.90
     
  • Tue
    Apr 08
    2014
    $42.13
     
  • Wed
    Apr 09
    2014
    $42.71
     
  • Thu
    Apr 10
    2014
    $41.58
     
  • Fri
    Apr 11
    2014
    $41.08
     
  • Mon
    Apr 14
    2014
    $41.26
     
  • Tue
    Apr 15
    2014
    $41.51
     
  • Wed
    Apr 16
    2014
    $42.02
     
  • Thu
    Apr 17
    2014
    $42.11
     
  • Mon
    Apr 21
    2014
    $42.22
     
  • Tue
    Apr 22
    2014
    $42.65
     
  • Wed
    Apr 23
    2014
    $42.55
     
 
52 Week High $43.60
(4/02/2014)
52 Week Low $41.08
(4/11/2014)
YTD Total Return w/Load N/A
Net Asset Class $643,005.19
Net Asset Fund $2,536,156,577.51

N/A: Not available at this time

Basics
Ticker JMCEX
CUSIP 46637K190
Share Class Inception Date 03/14/2014
Fund Number 2182
Asset Class U.S. Equity
Cut-off time1 4:00 P.M.
J.P. Morgan Funds objective box




J.P. Morgan Funds objective box is based on the Fund's overall targeted capitalization and valuation range(s) as described in the Fund's prospectus.

Mid-cap funds typically carry more risk than stock funds investing in well-established "blue-chip" companies. Historically, mid-cap companies' stock has experienced a greater degree of market volatility than the average stock.

The Fund is aggressively managed and, therefore, is subject to greater fluctuation than an investment in a growth fund investing in proven growth equities.

1Please refer to the prospectus for additional information about cut-off times.

The quoted performance of the Fund includes performance of a predecessor fund/share class prior to the Fund's commencement of operations. Please refer to the current prospectus for further information.

The Russell Midcap Index is an unmanaged index which measures the performance of the 800 smallest companies in the Russell 1000 Index. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. An investor can not invest directly in an index.

The performance of the Lipper Mid-Cap Core Funds Index includes expenses associated with a mutual fund, such as investment management fees. These expenses are not identical to the expenses charged by the Fund.

Total return assumes reinvestment of dividends and capital gains distributions and reflects the deduction of any sales charges, where applicable. Performance may reflect the waiver of a portion of the Fund's advisory or administrative fees for certain periods since the inception date. If fees had not been waived, performance would have been less favorable.

©2014, American Bankers Association, CUSIP Database provided by the Standard & Poor's CUSIP Service Bureau, a division of The McGraw-Hill Companies, Inc. All rights reserved.