JPMorgan Funds Audited Annual Report - JP Morgan Asset ...

JPMorgan Funds - Hong Kong Fund
Schedule of Investments (Market Value Expressed in USD)
As at 31 December 2013
Quantity/
Nominal
Value
Name of Securities
Market
Value
%
of
Net
Assets
Quantity/
Nominal
Value
Name of Securities
Market
Value
%
of
Net
Assets
Transferable Securities Admitted to an Official Exchange Listing
Shares
CHINA
4,831,000 Agricultural Bank of China - H Shares* 2,376,841 1.74
826,000 Angang Steel - H Shares* 612,515 0.45
446,000 Anhui Conch Cement - H Shares* 1,657,955 1.21
1,439,000 China Cinda Asset Management - H Shares* 895,420 0.65
12,392,910 China Construction Bank - H Shares* 9,365,684 6.84
2,378,000 China Eastern Airlines - H Shares* 898,562 0.66
417,000 China Life Insurance - H Shares* 1,306,805 0.95
791,000 China Longyuan Power Group - H Shares* 1,020,105 0.75
1,563,500 China Minsheng Banking - H Shares* 1,736,080 1.27
488,000 China Oilfield Services - H Shares* 1,510,427 1.10
4,223,600 China Petroleum & Chemical - H Shares* 3,450,627 2.52
1,046,000 China Shipping Development - H Shares* 812,076 0.59
2,584,000 China Telecom - H Shares* 1,307,979 0.95
941,596 China Vanke - B Shares 1,468,113 1.07
572,000 Dongfeng Motor Group - H Shares* 893,324 0.65
427,000 Great Wall Motor - H Shares* 2,356,895 1.72
3,270,000 Huaneng Renewables - H Shares* 1,566,662 1.14
8,736,140 Industrial & Commercial Bank of China - H Shares* 5,914,901 4.32
178,900 New China Life Insurance - H Shares* 599,863 0.44
676,000 PICC Property & Casualty - H Shares* 1,004,310 0.73
532,000 Ping An Insurance Group Co. of China - H Shares* 4,780,323 3.49
45,535,467 33.24
HONG KONG
1,632,000 AIA Group 8,181,994 5.97
541,000 BOC Hong Kong Holdings 1,732,029 1.26
261,000 Cheung Kong Holdings 4,124,985 3.01
710,000 China Everbright International 951,355 0.69
236,000 China Merchants Holdings International 860,564 0.63
34,000 China Mobile 352,317 0.26
1,172,560 China Overseas Land & Investment 3,292,773 2.40
622,000 China Unicom Hong Kong 929,699 0.68
2,424,000 CNOOC 4,510,945 3.29
727,000 Dah Chong Hong Holdings 544,259 0.40
245,050 Dah Sing Financial Holdings 1,407,107 1.03
280,000 First Pacific/Hong Kong 318,309 0.23
299,000 Galaxy Entertainment Group 2,680,901 1.96
355,000 Hutchison Whampoa 4,834,604 3.53
285,000 MTR 1,079,671 0.79
913,137 New World Development 1,153,477 0.84
518,000 Sun Art Retail Group 729,493 0.53
121,823 Sun Hung Kai Properties 1,542,406 1.13
152,400 Swire Properties 384,238 0.28
300,500 Techtronic Industries 851,612 0.62
249,500 Wharf Holdings 1,908,068 1.39
48,473 Wing Hang Bank 730,774 0.53
43,101,580 31.45
CAYMAN ISLANDS
287,000 AAC Technologies Holdings 1,394,453 1.02
234,000 China Conch Venture Holdings 639,010 0.47
262,000 China Resources Land 648,741 0.47
4,236,000 GCL-Poly Energy Holdings 1,308,368 0.95
1,075,000 Geely Automobile Holdings 519,193 0.38
294,500 Greentown China Holdings 450,822 0.33
898,500 Intime Retail Group 939,160 0.69
727,500 Lifestyle International Holdings 1,346,336 0.98
146,400 MGM China Holdings 623,995 0.46
684,800 Sands China 5,610,183 4.09
142,600 Tencent Holdings 9,114,218 6.65
556,000 Tingyi Cayman Islands Holding 1,606,170 1.17
1,523,000 Want Want China Holdings 2,201,781 1.61
536,000 Xinyi Glass Holdings 471,431 0.34
ITALY
175,700 Prada 1,561,204 1.14
1,561,204 1.14
Total Shares 136,424,987 99.57
Total Transferable Securities Admitted to an
Official Exchange Listing
136,424,987 99.57
Total Investments 136,424,987 99.57
Cash 823,200 0.60
Other Assets/(Liabilities) (240,449) (0.17)
Total Net Assets 137,007,738 100.00
* Hong Kong Registered Shares.
Allocation of Portfolio as at 31 December 2013 (Unaudited)
% of
Net Assets
Shares
Financials 54.21
Consumer Discretionary 13.43
Energy 8.61
Information Technology 7.67
Industrials 4.74
Utilities 3.82
Consumer Staples 3.54
Telecommunication Services 1.89
Materials 1.66
Total Shares 99.57
Cash and Other Assets/(Liabilities) 0.43
Total 100.00
Allocation of Portfolio as at 30 June 2013
% of
Net Assets
Shares
Financials 57.43
Consumer Discretionary 12.34
Energy 8.74
Information Technology 7.42
Telecommunication Services 3.73
Industrials 3.01
Consumer Staples 2.51
Utilities 2.09
Materials 1.54
Total Shares 98.81
Cash and Other Assets/(Liabilities) 1.19
Total 100.00
26,873,861 19.61
UNITED KINGDOM
1,101,417 HSBC Holdings 11,956,484 8.73
11,956,484 8.73
BERMUDA
2,564,000 Beijing Enterprises Water Group 1,613,639 1.18
151,000 Cheung Kong Infrastructure Holdings 954,205 0.70
596,000 China Resources Gas Group 2,059,917 1.50
109,000 HongKong Land Holdings 643,645 0.47
918,000 K Wah International Holdings 554,652 0.40
278,372 NWS Holdings 422,543 0.31
228,500 Orient Overseas International 1,147,790 0.84
7,396,391 5.40
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