JOERX Performance — JPMorgan Opportunistic Equity Long/Short Fund, Class R6
Data updated: 2023-09-28
JOERX returned −1.54% over one year to Jul 2023. The annualised 3-year return is +2.19%. Against its Global Real Estate category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $107, against $113 for the category, and to $98 over one year, against $95. Volatility over the past three years was 12.59% a year. In the 12 months to Jul 2023 the fund lost a net $308.5M, and assets reached $207.99M.
JOERX Growth of $100
What $100 invested in JPMorgan Opportunistic Equity Long/Short Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Real Estate category average over the same months.
| Period | JOERX | Category average |
|---|---|---|
| 1 year (Aug 2022 – Jul 2023) | $98 | $95 |
| 3 years (Aug 2020 – Jul 2023) | $107 | $113 |
| Since data start (Aug 2019 – Jul 2023) | $117 | $106 |
JOERX Trailing Returns
Total returns to Jul 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −1.54% |
| 3 years (annualised) | +2.19% |
JOERX Annual Returns
Calendar-year total returns of JPMorgan Opportunistic Equity Long/Short Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jul) | +0.27% |
| 2022 | −19.22% |
| 2021 | +12.62% |
| 2020 | +27.62% |
| 2019 (Aug–Dec) | +0.76% |
JOERX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | −2.6% | −3.7% | +2.3% | −1.9% | +2.9% | +2.1% | +1.5% | — | — | — | — | — |
| 2022 | −9.5% | −3.3% | +0.2% | −2.9% | −2.0% | +1.3% | −2.5% | −1.1% | −1.8% | −0.6% | −0.3% | +2.0% |
| 2021 | −1.8% | +3.2% | −2.2% | +5.9% | −0.4% | +1.1% | +0.1% | −2.1% | −2.0% | +7.7% | +1.8% | +1.3% |
| 2020 | +1.6% | −2.6% | +2.8% | +1.1% | +1.0% | −0.6% | +5.7% | +9.8% | −0.6% | −2.9% | +6.7% | +3.4% |
| 2019 | — | — | — | — | — | — | — | +0.2% | −2.2% | 0.0% | +3.0% | −0.2% |
JOERX Risk
Risk measures from monthly returns over Aug 2020 – Jul 2023.
- 3-year volatility (annualised): 12.59%
- 3-year Sharpe ratio: -0.18 (vs 4.5% risk-free rate)
- Best month: +9.84% (Aug 2020)
- Worst month: −9.54% (Jan 2022)
JOERX Fund Flows
Monthly money in and out of JPMorgan Opportunistic Equity Long/Short Fund, from SEC Form N-PORT.
- 12-month net flow: −$308.5M
- 12-month gross sales (incl. reinvestments): $81.2M
- Sales ÷ redemptions: 0.21×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2023 | $1.9M | $14.4M | −$12.4M |
| Jun 2023 | $2.3M | $15.6M | −$13.3M |
| May 2023 | $4.0M | $44.3M | −$40.3M |
| Apr 2023 | $2.4M | $52.4M | −$50.0M |
| Mar 2023 | $3.7M | $34.8M | −$31.1M |
| Feb 2023 | $6.2M | $46.8M | −$40.7M |
| Jan 2023 | $6.9M | $51.8M | −$44.9M |
| Dec 2022 | $9.3M | $27.5M | −$18.2M |
| Nov 2022 | $8.0M | $29.7M | −$21.7M |
| Oct 2022 | $11.8M | $22.6M | −$10.8M |
| Sep 2022 | $17.8M | $32.1M | −$14.3M |
| Aug 2022 | $6.8M | $17.6M | −$10.9M |
JOERX Assets Under Management
Net assets of JPMorgan Opportunistic Equity Long/Short Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-07-31 | $207.99M |
| 2023-04-30 | $259.70M |
| 2023-01-31 | $393.39M |
| 2022-10-31 | $482.41M |
| 2022-07-31 | $536.35M |
| 2022-04-30 | $617.18M |
| 2022-01-31 | $705.87M |
| 2021-10-31 | $743.15M |
| 2021-07-31 | $690.48M |
| 2021-04-30 | $648.33M |
| 2021-01-31 | $566.46M |
| 2020-10-31 | $484.84M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.