Page 1 of 2 | Morningstar Factsheets | All data as at 05 Sep 2012 unless stated otherwise
Jupiter Primadona Growth Trust PLC
Morningstar Peer Group Classification
Global Growth
JPG
Total Return Performance (GBP) over 5 years (or since inception)
Investment Objective
To achieve capital growth from holding a wide geographical spread of
listed & unlisted investments.
Valuation statistics (NAVs estimated1) GBX
05 Sep 2012
Price
1,080.00
Fair Cum NAV
1,179.00
Fair Ex NAV
1,182.58
Par Cum NAV
1,179.00
Par Ex NAV
1,179.42
Fair Cum Discount
-8.23
Fair Ex Discount
-8.51
Par Cum Discount
-8.23
Par Ex Discount
-8.43
Peer Group Discount
-10.28
-0.05
Z-Statistic2
12 m High
1,135.00
Low
920.00
1,253.56
948.63
+2.08
-15.63
Last Actual NAVs (GBX) as at 04 Sep 2012
Fair Cum NAV
1183.46
Fair Ex NAV
1187.04
Par Cum NAV
1183.46
Par Ex NAV
1187.04
Key Data
Domicile
Launch Date
Financial Year-end
Exchange
Next AGM
NAV Frequency
Dividend Frequency
Total Assets (GBP)
Net Assets (GBP)
Shares Outstanding
Gross Gearing3
Net Gearing4
Average Daily Shares Traded (1yr)
Average Daily Value Traded (1yr)
Total Expense Ratio5 (2011)
Market Capitalisation (GBP)
Net Dividend Yield6
UK
25 Jun 1987
30 Jun
London (LSE)
Nov 2012
Daily
Semi-annual
54.7m
47.7m
4,010,565
115
107
0.002m
0.041m
1.47%
43.3m
3.87%
Performance (Total Return %)8 GBP
1 month 3 months
Price
+0.93
+9.64
NAV
-0.26
+7.55
Peer Group (Price)
-1.33
+7.01
Peer Group (NAV)
-0.42
+6.30
Benchmark
-0.77
+6.80
6 months
-4.21
-4.34
-2.00
-0.85
-0.89
1 year
+11.54
+17.81
+6.06
+7.97
+13.70
YTD
+13.86
+14.44
+5.94
+7.61
+7.16
3 years
+50.58
+36.98
+30.63
+30.20
+30.60
5 years
+12.81
+17.31
+9.59
+11.87
+20.58
Peer Group: Morningstar IT Global Growth P
Morningstar Benchmark: FTSE World Index World
Fund distributions reinvested on ex-dividend date8
Dividend Yields over 5 years (or since inception)
Dividend Policy
The fund intends to pay semi-annual dividends
Year-on-Year Dividend Growth % (financial year 30 Jun)
2013
-
2012
-
2011
7.74
2010
40.91
2009
34.15
Distributions (GBP) over 5 years (or since inception)
Dividend Growth % (annualised on current financial year)7
1 year
0.00
2 years
0.00
3 years
2.52
4 years
11.00
5 years
15.29
Directors
Martin W Myerscough (Chairman), John H. Chatfeild-Roberts, Jonathan
G.D. Davis, Frances A. Heaton, Lorna M. Tilbian
Fund Manager: Richard Curling (13 Oct 2008) / Derek Pound (01 Feb
2010)
Jupiter Asset Management Ltd
1 Grosvenor Place, London, UK, SW1X 7JJ
Telephone: +44 (0)20 7412 0703
Website: www.jupiteronline.co.uk
Stockbroker: Cenkos Securities Limited
Management Fee Summary
Management fee 0.4% of Net Assets calculated semi-annually. Contract
terminable on 12 months notice. Performance fee 15% of the amount by
which the increase in NAV exceeds the greater of three high water marks.
Total amount of performance fee payable in one period limited to 7.5% of
Total Assets.
Latest Dividend History (GBp)
Type
Income
Income
Income
Income
Income
Income
Dividend Declared Date
19.000
12 Jan 12
13 Sep 11
22.750
26 Jan 11
19.000
09 Sep 10
25.000
20 Jan 10
13.750
07 Sep 09
18.000
Ex Div Date
29 Feb 12
12 Oct 11
02 Mar 11
29 Sep 10
03 Mar 10
16 Sep 09
Record Date
02 Mar 12
14 Oct 11
04 Mar 11
01 Oct 10
05 Mar 10
18 Sep 09
Payment Date
30 Mar 12
11 Nov 11
31 Mar 11
22 Oct 10
31 Mar 10
23 Oct 09
Financial Year
2012
2011
2011
2010
2010
2009
Initial Public Offering
4,500,000 Ordinary shares at 2.00 GBP on 02 Jul 1987 raising 9.0m gross and 8.9m net of expenses
The factbook pages are compiled by Morningstar and have no regard to the particular needs of any specific recipient. All price information is indicative only. Nothing herein is to be construed as a solicitation or an offer to buy or sell any financial products. The factbook pages
are prepared by Morningstar and based on information obtained from sources believed to be reliable but are not guaranteed as being accurate, nor are they a complete statement of these securities. Morningstar accepts no liability whatsoever for any loss or damage of any
kind arising out of the use of all or part of these factbook pages.
Page 2 of 2 | Morningstar Factsheets | All data as at 05 Sep 2012 unless stated otherwise
Jupiter Primadona Growth Trust PLC
JPG
Risk & Return9
Discrete Monthly Price & NAV Total Return % (GBP)
Sector Breakdown (%)
Discrete Yearly Price & NAV Total Return % (GBP)
Geographic Breakdown (%)
Risk & Correlation
Alpha (NAV) 11
Beta (NAV)12
R-squared (NAV)13
Sharpe (NAV)14
Price Volatility15
NAV Volatility15
Benchmark Volatility15
Peer Group Price Volatility15
Peer Group NAV Volatility15
3 months
0.03
0.87
0.52
1.90
14
13
11
11
10
6 months
-0.02
0.96
0.58
-0.34
15
14
11
12
11
1 year
-0.12
1.64
0.89
0.07
18
19
14
14
14
3 years
0.03
1.21
0.82
0.69
18
17
15
15
14
5 years
-0.05
0.93
0.75
0.11
20
20
19
21
18
Additional Performance (Total Return%8) GBX
Largest Holdings (% Portfolio10) as at 31 Jul 2012
Findlay Park American Funds
First State Asia Pacific Leaders A Acc
Jupiter European Opportunities
GlaxoSmithKline Plc
BP Plc
AXA Framlington American Growth Acc
Royal Dutch Shell PLC
British American Tobacco
HSBC Holdings Plc
BG Group
Total
Capital Structure
Number of Shares
4,010,565
354,428
Loan CCY
GBP
GBP
11.4%
7.5%
6.2%
5.1%
4.6%
4.5%
4.0%
3.6%
3.2%
3.1%
53.2%
Redemption
Price
+13.86
-12.38
+29.12
+32.57
-38.06
+21.89
+76.80
+1.10
-0.18
+309.11
+237.93
NAV Peer Price
+14.44
+5.94
-11.90
-8.53
+22.17
+20.13
+25.79
+26.52
-28.61
-27.52
+18.73
+8.26
+78.04
+73.92
+12.80
+8.90
+5.02
+2.30
+268.06
+175.40
+213.53
+156.42
Peer NAV Benchmark
+7.61
+7.16
-8.98
-5.79
+18.74
+16.28
+24.41
+19.64
-26.88
-18.18
+11.96
+9.45
+73.78
+77.44
+10.61
+20.72
+3.28
+12.15
+169.67
+141.67
+148.14
+129.28
Wind-up Provisions/Buy Back Policy
The Company has an unlimited life. The Company is authorised to repurchase up to 14.99% of the issued share
capital of the Company for cancellation. These shares can be held in treasury. The Directors have the authority to
allot shares up to 33% of the issued share capital; 10% of which can be issued as though pre-emption rights did not
apply.
Share Type
Ord 25p
Treasury Shares
£m
5.5
1.5
Period
2012
2011
2010
2009
2008
2007
Since FTSE 2009 Low (13 Mar 09)
Since Sub-Prime (20 Nov 07)
Since FTSE 2007 Peak (13 Oct 07)
Since FTSE 2003 Low (12 Mar 03)
Since NASDAQ Recovery (30 Sep 02)
Coupon
-
Net Dividend Yield – This is calculated by dividing the current financial years dividends (this will include prospective dividends) by the current price.
Dividend Growth – The annualised percentage growth in dividends. Based upon the current financial year, including any future estimates or forecasts.
Performance – Calculated using start and end period Share Prices or NAV Dividends are reinvested on the ex-dividend date at the prevailing Share Price or NAV.
Risk & Return – 1 Year ex income par NAV total return performance against 1 Year NAV volatility. Please see notes 8 and 15 for performance and volatility definitions
respectively.
2
10 Portfolio – In order to calculate the portfolio value we deduct any holdings in cash only (Note that Fixed Interest is not included).
11 Alpha – The difference between the fund’s average excess total return and the benchmark’s average excess total return.
3
12 Beta – The sensitivity of the fund to broad market movements. A Beta of 0.5 would imply the fund will move by half as much as the index.
4
13 R-squared – A measure of correlation between the fund and index. A value of 0.8 means that 80% of the fund’s NAV changes can be explained by changes in the index.
14 Sharpe – A risk-adjusted return measure, calculated by dividing the fund’s average monthly excess total return over the risk-free rate by the standard deviation of those returns.
5
The figure shown is the annualized Sharpe Ratio.
15 Volatility – The annualized standard deviation of the logged daily returns, adjusting for distributions from capital.
The factbook pages are compiled by Morningstar and have no regard to the particular needs of any specific recipient. All price information is indicative only. Nothing herein is to be construed as a solicitation or an offer to buy or sell any financial products. The factbook pages
are prepared by Morningstar and based on information obtained from sources believed to be reliable but are not guaranteed as being accurate, nor are they a complete statement of these securities. Morningstar accepts no liability whatsoever for any loss or damage of any
kind arising out of the use of all or part of these factbook pages.
1
NAV Estimation - Fair value of debt refers to the market price of the debt if it is traded or, if it is not traded, an
estimation of its value calculated using points over gilt methodology.
Cum Income NAVs include net revenue in the financial year to date. All estimates are fully diluted for the effects of
warrants, convertibles or treasury shares. NAV estimations are created and maintained by Morningstar. For more
detailed methodology document please contact [email protected]
Z-Statistic 1y – Shows whether the fund’s current discount is significantly higher or lower than the average over the
past year, calculated as (Current Discount – Mean) / Std Dev
Gross Gearing – The ratio of estimated gross Assets to the Net Assets, expressed as a percentage
Net Gearing – The ratio of estimated Gross Assets minus cash and fixed interest to the Net Assets, expressed as a
percentage. Cash and fixed interest represents not-equity exposure.
Total Expense Ratio – (Total Expenses – Performance Fees – Cost of Leverage – Tax – Restructuring Costs) /
Average Net Assets
6
7
8
9