As of May 2025, the JPMorgan Funds – US Technology Fund D (acc) – EUR (ISIN: LU0159053015) remains a prominent choice for investors seeking exposure to U.S. technology equities. This fund is designed to capitalize on the growth potential of the technology sector, focusing on companies that are at the forefront of innovation and digital transformation.J.P. Morgan+15Sicav Online+15Investing.com+15
Fund Overview
Fund Name: JPMorgan Funds – US Technology Fund D (acc) – EUR
ISIN: LU0159053015
Fund Type: SICAV
Domicile: Luxembourg
Launch Date: December 11, 2009
Currency: EUR
Investment Style: Growth
Market Capitalization Focus: Large-cap
Income Treatment: Accumulation
Pricing Frequency: DailyMorningstar Portugal+11Financial Times Markets+11Financial Times Markets+11Morningstar+11Quantalys+11Financial Times Markets+11Quantalys+2Sicav Online+2Financial Times Markets+2Citywire+4Investing.com+4Sicav Online+4Financial Times Markets
The fund aims to provide long-term capital growth by investing primarily in U.S. technology companies. It targets firms that are leaders in their respective sub-sectors, including software, hardware, and communication services.Morningstar
Performance Metrics
As of May 21, 2025:
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NAV (Net Asset Value): €84.29
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Year-to-Date (YTD) Return: -8.71%
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1-Year Return: +9.40%
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3-Year Annualized Return: 18.61%
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5-Year Annualized Return: 14.20%
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10-Year Annualized Return: 17.10%FondiDoc+3Financial Times Markets+3Investing.com+3J.P. Morgan+14Morningstar+14Financial Times Markets+14
These figures indicate the fund’s resilience and ability to deliver strong returns over extended periods, despite short-term market volatilities.
Portfolio Composition
As of April 30, 2025, the fund’s top holdings include:
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Netflix Inc: 4.95%
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Take-Two Interactive Software Inc: 4.52%
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ServiceNow Inc: 4.07%
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Snowflake Inc: 3.52%
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Meta Platforms Inc (Class A): 3.36%Borsa Italiana+9Quantalys+9Morningstar Funds+9Morningstar Funds
The portfolio is diversified across various technology sub-sectors, with significant allocations to software and communication services. Morningstar Funds
Risk and Volatility
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Annualized Volatility (3-Year): 26.90%
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Sharpe Ratio (3-Year): 0.22
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Maximum Drawdown: -34.09%Morningstar+2Quantalys+2Morningstar+2
The fund exhibits higher volatility, characteristic of the technology sector, but maintains a reasonable risk-adjusted return profile. Quantalys
Fees and Charges
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Ongoing Charge: 2.70%
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Initial Charge: Up to 5.00%
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Exit Charge: 0.50%Borsa Italiana+1Sicav Online+1
Investors should consider these fees when evaluating the fund’s net performance.
Management Team
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Joseph Wilson: Lead Manager since February 17, 2017
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Eric Ghernati: Co-Manager since May 31, 2021Morningstar+1Financial Times Markets+1Financial Times Markets+1Morningstar+1
The management team brings extensive experience in technology sector investments, contributing to the fund’s strategic positioning and performance.
Investment Strategy
The fund focuses on identifying high-growth U.S. technology companies with strong competitive advantages and robust financials. It employs a bottom-up stock selection process, emphasizing companies that are leaders in innovation and have the potential for sustainable growth.
Benchmark Comparison
The fund’s performance is measured against the Russell 1000 Equal Weight Technology Index (Total Return Net of 30% withholding tax). Over the past five years, the fund has outperformed its benchmark, reflecting effective stock selection and portfolio management. Quantalys
Suitability and Considerations
This fund is suitable for investors seeking long-term capital growth through exposure to the U.S. technology sector. Given its higher volatility, it is more appropriate for investors with a higher risk tolerance and a long-term investment horizon.
Additional Resources
For more information and detailed fund documents, please visit:
For insights on technology sector investments, explore Vounesy.com – Understanding Tech Stocks.