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Intrepid America Fund - Select (JPIAX)

Intrepid America Fund - Select (JPIAX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources

Objective

The Fund seeks to provide long-term capital growth.

Strategy/Investment process

  • Invests primarily in equity investments of large- and mid-capitalization U.S. companies within the Russell 1000 Index.
  • Seeks companies that are undervalued and/or have strong momentum.
  • Employs an investment process based on behavioral finance principles.
Performance basics
  Annualized returns (as of 2/28/2015)
  1 Year 3 Year 5 Year 10 Year
at NAV 17.39% 19.18% 16.55% 8.02%
S&P 500 Index 15.51% 18.00% 16.18% 7.99%
Lipper Large-Cap Core Funds Index 12.82% 16.74% 14.54% 7.32%
Russell 1000 Index 14.88% 18.14% 16.39% 8.30%
  Annualized returns
(as of 12/31/2014)
  1 Year 3 Year 5 Year 10 Year
at NAV 16.15% 22.29% 15.82% 8.03%
S&P 500 Index 13.69% 20.41% 15.45% 7.67%
Lipper Large-Cap Core Funds Index 11.33% 19.17% 13.82% 7.01%
Russell 1000 Index 13.24% 20.62% 15.64% 7.96%

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 11/05/2015
Expense cap 0.80%
Total annual operating expenses 0.80%
Fee waivers and/or expense reimbursements 0.00%
Net expenses 0.80%

Total annual operating expenses
As of September 1, 2013, the Fund's advisory fee was reduced; therefore, the Management Fees, Total Annual Fund Operating Expenses, Fee Waivers and Expense Reimbursements and Total Annual Fund Operating Expenses After Fee Waivers and Expense Reimbursements have been restated to reflect the current fees, as applicable.

Ratings (as of 2/28/2015)
Morningstar overall rating: (1336 funds)
Morningstar category: Large Blend

Overall rating Select Shares; Large Blend Category; 1336 funds. Three year rating 5 stars; 1336 funds. Five year rating 4 stars; 1187 funds. Ten year rating 4 stars; 815 funds.

2015, Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damage or losses arising from any use of this information. Past performance is not a guarantee of future results. For each fund with a three-year history, Morningstar calculates a Morningstar Rating™ metric each month by subtracting the return on a 90-day U.S. Treasury Bill from the fund's load-adjusted return for the same period, and then adjusting this excess return for risk. The top 10% of funds in each broad asset class receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. Past performance is no guarantee of future results. Different share classes may have different ratings.

The ranking information is provided by Lipper Analytical Services. Past performance is no guarantee of future results. Rankings are calculated based upon the total returns of multiple share classes within their respective Lipper category. Different share classes may have different rankings.

Minimum investments
Minimum investments Minimum subsequent investments
Regular $1M Regular No Minimum.
IRA $1M IRA No Minimum.
Daily stats (as of 3/27/2015)
NAV YTD
$38.32 0.66%
$0.10 | 0.26%  
 
NAV as of:
  • Tue
    Feb 17
    2015
    $39.00
     
  • Wed
    Feb 18
    2015
    $39.04
     
  • Thu
    Feb 19
    2015
    $39.02
     
  • Fri
    Feb 20
    2015
    $39.28
     
  • Mon
    Feb 23
    2015
    $39.35
     
  • Tue
    Feb 24
    2015
    $39.44
     
  • Wed
    Feb 25
    2015
    $39.25
     
  • Thu
    Feb 26
    2015
    $39.18
     
  • Fri
    Feb 27
    2015
    $39.01
     
  • Mon
    Mar 02
    2015
    $39.21
     
  • Tue
    Mar 03
    2015
    $39.00
     
  • Wed
    Mar 04
    2015
    $38.87
     
  • Thu
    Mar 05
    2015
    $38.90
     
  • Fri
    Mar 06
    2015
    $38.40
     
  • Mon
    Mar 09
    2015
    $38.55
     
  • Tue
    Mar 10
    2015
    $37.89
     
  • Wed
    Mar 11
    2015
    $37.91
     
  • Thu
    Mar 12
    2015
    $38.39
     
  • Fri
    Mar 13
    2015
    $38.24
     
  • Mon
    Mar 16
    2015
    $38.72
     
  • Tue
    Mar 17
    2015
    $38.65
     
  • Wed
    Mar 18
    2015
    $39.16
     
  • Thu
    Mar 19
    2015
    $39.03
     
  • Fri
    Mar 20
    2015
    $39.37
     
  • Mon
    Mar 23
    2015
    $39.30
     
  • Tue
    Mar 24
    2015
    $39.07
     
  • Wed
    Mar 25
    2015
    $38.38
     
  • Thu
    Mar 26
    2015
    $38.22
     
  • Fri
    Mar 27
    2015
    $38.32
     
 
52 Week High $40.67
(12/05/2014)
52 Week Low $34.49
(4/11/2014)
Net Asset Class $1,506,513,939.19
Net Asset Fund $3,480,595,903.48
Basics
Ticker JPIAX
CUSIP 4812A2108
Share Class Inception Date 02/28/2003
Fund Number 1206
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.

There is no assurance that behavioral finance strategies will protect against the loss of capital.

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

From 2/28/03 through 10/01/03, the Fund did not experience any shareholder purchase and sale activity. If such shareholder activity had occurred, the Fund's performance may have been impacted.

The S&P 500 Index is an unmanaged index generally representative of the performance of large companies in the U.S. stock market. Index levels are in total return USD. The performance of the index does not reflect the deduction of expenses associated with a fund, such as management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. An individual cannot invest directly in an index.

The performance of the Lipper Large-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.

The Russell 1000 Index is an unmanaged index, which measures the performance of the 1000 largest companies (on the basis of capitalization) in the Russell 3000 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. Investors can not invest directly in an index.

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.

©2015, 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.