J.P. Morgan Asset Management is a leading global investment management firm that offers a wide range of products and services across various asset classes and geographies. Established in 1895, J.P. Mo...
J.P. Morgan Asset Management SEEGX Large Cap Growth Fund
SEEGX is a mutual fund offered by J.P. Morgan Asset Management that invests primarily in large-cap growth stocks. The fund aims to achieve long-term capital appreciation and growth of income by investing in equity securities of US companies that have the potential for above-average earnings growth.
As of August 03, 2023, the net asset value (NAV) of the fund was $54.10 and it had holdings worth $47,190,339,643 USD. The total net assets of the fund were not disclosed. The fund has an expense ratio of 0.67%, which is slightly lower than the average expense ratio for large-cap growth funds.
The investment minimum for SEEGX is $1,000 for retail investors and $50 million for institutional investors. The fund is available in different share classes, including Class A, Class C, and Class I shares.
SEEGX is managed by J.P. Morgan Investment Management Inc. and has been in existence since 1997. The portfolio managers for the fund are Jonathan Simon, Giri Devulapally, and Anton Pil, who have an average of 18 years of investment experience.
In terms of sector allocation, the fund has significant exposure to technology, healthcare, and consumer discretionary stocks. Top holdings for the fund as of the most recent portfolio report include Apple Inc., Amazon.com Inc., and Alphabet Inc.
In summary, J.P. Morgan Asset Management SEEGX Large Cap Growth Fund is a mutual fund that invests primarily in large-cap growth stocks of US companies. The fund aims to achieve long-term capital appreciation and growth of income while minimizing expenses. The fund has a strong management team and significant exposure to technology, healthcare, and consumer discretionary stocks.