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Top JPMorgan Funds

by Zacks Investment Research

April 14, 2010 | Comments : 0 Recommended this article: (0)

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, With more than $1.2 trillion worth of assets under management, JPMorgan is one of the most respected investment managers in the world. The company is widely known as a leading financial management firm, but it is also the fourth-largest mutual fund firm in the U.S. JPMorgan manages over 100 mutual funds, as well as separately managed accounts and retirement products. It also prides itself on being the leading provider of market neutral funds in the domestic market. The company has also pioneered the introduction of innovative, inflation-protected municipal products.

Below we will share with you 4 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 Large Cap Growth A (OLGAX) seeks long term capital and income growth. At least 80% of its assets ate used to purchase equity securities of large-cap companies. The market capitalizations of these companies must be within the range of the companies in the Russell 1000 Growth index. It may utilize options, futures, swaps and other synthetic instruments in order to achieve its investment objectives. The fund returned 46.96% over the last one year period.

The JPMorgan fund has a minimum initial investment of $1,000 and an expense ratio of 1.24% compared to a category average of 1.33%.

JPMorgan Emerging Markets Debt (JEMDX) invests the majority of its assets in debt securities issued in emerging markets. These securities may be dollar-denominated or may be issued in foreign currencies. The fund is non-diversified and may purchase securities rated below investment grade. It has a ten year annualized return of 9.81%.

As of February 2010, this fund held 115 issues, with 10.08% of its total assets invested in Russian Federation 7.5%.

JPMorgan US Real Estate A (SUSIX - MF report) 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. Up to 20% of its assets may be used to purchase government securities; investment grade bonds, cash and cash equivalents. The fund has returned 99.8% in the last one year period and has a ten year annualized return of 10.13%.

Kenneth D. R. Statz is the fund manager and he has managed this JPMorgan fund since 1997.

JPMorgan Emerging Markets Equity A (JFAMX - MF report) seeks high total return. A large portion of its assets are used to purchase emerging market equity securities. The fund allocates weight to investments in a particular country using the Morgan Stanley Capital International (MSCI) Emerging Markets Equity index. It may also purchase short-term money market instruments and enter into repurchase agreements. The fund has a five year annualized return of 11.35%.

The JPMorgan fund has a minimum initial investment of $1,000 and an expense ratio of 1.85% compared to a category average of 1.77%.

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/

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