JPMorgan is one of the major mutual fund managers in the United States and prides itself as being the nation’s leader in equity fund flows. JPMorgan offers managed accounts and retirement products. Its primary principle is to understand the needs of its clients and advice the best investment solutions for surplus returns.
Also, JPMorgan is one of the best financial management companies in the world. It has a legacy of investment management since 1865. The company pioneered innovative, inflation-protected municipal products. J.P. Morgan managed $1.71 trillion of assets as of Sep 30, 2018. The fund family has offices in more than 30 countries.
Below we share with you three top-ranked JPMorgan mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of JPMorgan funds.
JPMorgan Intrepid GrowthFund A (JIGAX - Free Report) seeks to offer growth of capital for the long run. JIGAX invests primarily in a broad portfolio of equity securities of large- and mid-cap companies that have high quality and attractive valuations. JPMorgan Intrepid Growth Fund A has three-year annualized returns of 10.1%.
Jason Alonzo is one of the fund managers of JIGAX since 2005.
JPMorgan Large Cap Value A (OLVAX - Free Report) seeks capital growth. OLVAX invests a major portion of its assets in securities of large-cap companies that include common stocks, debt and preferred stocks that can be converted to common stocks. Large-cap companies are those that have market capitalization similar to those listed on the Russell 1000 Value Index at the time of purchase. JPMorgan Large Cap Value A has three-year annualized returns of 6.6%.
OLVAX has an expense ratio of 0.93% compared with the category average of 1.00%.
JPMorgan Small Cap Growth Fund A (PGSGX - Free Report) invests the lion’s share of its assets in securities issued by small-cap companies. These are companies with market capitalization equivalent to those listed on the Russell 2000 Growth Index stocks and below $4 billion at the time of purchase. The fund seeks capital appreciation for the long run. JPMorgan Small Cap Growth Fund A has three-year annualized returns of 13.1%.
As of November 2018, PGSGX held 120 issues, with 1.93% of its assets invested in Advanced Disposal Services Inc.
To view the Zacks Rank and past performance of all JPMorgan mutual funds, investors can click here to see the complete list of JPMorgan funds.
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