"Top Performing J.P. Morgan Fund's Shrewd Inflation Solution"
Investor's Business Daily sits down with Fuller & Thaler Portfolio Manager David Potter, CFA to discuss inflation. Mr. Potter manages the Fuller & Thaler Behavioral Small-Cap value strategy, including its sub advised mutual fund, Undiscovered Managers Behavioral Value Fund (UBVAX)¹, mentioned in the article.
Paul Katzeff and Portfolio Manager David Potter, CFA, discuss inflationary challenges and how the strategy copes with inflation.
The $7.3 billion Undiscovered Managers Behavioral Value Fund (UBVAX) is part of the elite minority of actively managed U.S. stock funds outperforming the broad market so far this year.
¹Offered by JP Morgan Services, Inc. and sub-advised by Fuller & Thaler. This is the sole mutual fund client in the Small-Cap Value strategy. Fuller & Thaler did not use performance based criteria, it is not known whether the listed client approves or disapproves of Fuller & Thaler or the advisory services provided. : For more information about UBVAX, please visit: https://am.jpmorgan.com/us/en/asset-management/adv/products/undiscovered-managers-behavioral-value-fund-a-904504586
Below are the returns mentioned in the article:
As of 6/30/2022, top 10 holdings in the Undiscovered Managers Behavioral Value Fund's portfolio: Graphic Packaging Holding Co., 4.6; Old National Bancorp, 3.1; First Horizon Corp, 2.9; FNB Corp., 2.8; Berry Global Group, Inc., 2.6; Devon Energy Corp., 2.5; Brink's Co., 2.2; Kemper Corp, 2.1; First Citizens BancShares, Inc., 2.1; White Mountains Insurance Group Ltd., 2.1.
The net and gross expense ratio are 1.24 and 1.34 respectively.
Performance quoted is past performance and is no guarantee of future results. Investment returns and principal value will fluctuate, so shares, when sold, may be worth more or less than original cost. Current performance may be higher or lower than returns shown. Call 1-800-480-4111 for most recent month-end performance.
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. From the commencement of operations of the Fund's Institutional Class until January 30, 2004, the Fund's investment adviser was Undiscovered Managers, LLC. Effective January 31, 2004, J.P. Morgan Investment Management, Inc. (JPMIM) became the Fund's investment advisor. Fuller & Thaler Asset Management, Inc. serves as the Fund's sub-advisor. The Fund is currently waiving fees. Please note the removal of this waiver would reduce returns.
Contact JPMorgan Distribution Services, Inc. at 1-800-480-4111 for a prospectus. Carefully consider the fund’s objectives, risks, charges and expenses before investing. The prospectus contains this and other fund information. Read it carefully before investing.
The Fund is distributed by JPMorgan Distribution Services, Inc. which is not affiliated with Northern Lights Distributors, LLC. or Fuller & Thaler.
The Russell 2000 Value Index is an unmanaged index, measuring performance of those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values.
The S&P 500 Index features 500 leading U.S. publicly traded companies, with a primary emphasis on market capitalization.
Important Risk Information
Investments in smaller companies may be riskier, less liquid, more volatile and more vulnerable to economic, market and industry changes than investment in larger, more established companies. Changes in the price of debt or equity issued by such companies may be more sudden or erratic than the prices of other securities, especially over the short term.
The thoughts and opinions expressed in the article are solely those of the author as of {month/day/year}. The discussion of individual companies should not be considered a recommendation of such companies by the Fund's investment adviser. The discussion is designed to provide a reader with an understanding of how the Fund's investment adviser manages the Fund's portfolio.
