JPMorgan Chase & Company (NYSE: JPM) is a highly recognized wealth management and banking institution with global reach, and it has thousands of analysts and experts allocating and managing its clients' assets. It manages several mutual funds with different investment approaches that can satisfy investors' needs at reasonable costs. The company's funds have been recognized with four- and five-star overall ratings from Morningstar for their superior risk-adjusted performances, relatively low fees and long-tenured management.

JPMorgan Small Cap Equity Fund Class C (JSECX)

The JPMorgan Small Cap Equity Fund Class C seeks long-term capital appreciation by investing in small-cap common stocks that typically have market capitalizations below $4 billion. The fund focuses on undervalued companies with strong competitive positions, durable business models and competent management teams. The fund typically invests about 50% of its assets in small-cap companies, while most of the remainder is allocated to mid-cap stocks. Consumer cyclical companies account for about 25% of the fund's assets, while industrials equities have 21% allocation. The fund typically holds around 90 stocks and has a relatively low 20% turnover ratio. No single holding of the fund accounts for more than 3% of the fund's assets.

From 2005 to 2015, the JPMorgan Small Cap Equity Fund Class C has demonstrated a 9.26% average annual return and a 16.45% standard deviation, resulting in a 0.55 Sharpe ratio. It is typical best suited for funds that invest in small-cap companies to show high volatility due to high risks embedded in these companies. The fund has earned five stars for its overall, five-year and 10-year ratings from Morningstar in the small blend category, as well as a four-star rating for the three-year period. Its fees are much lower than its peers and it charges a 1.79% net expense ratio. The fund charges a 1% load fee to encourage long-term investing.

JPMorgan Equity Income Fund Class C (OINCX)

With $12.5 billion in assets under management (AUM), the JPMorgan Equity Income Fund Class C seeks capital growth and current income by investing in common equities of firms that have consistent dividend policies. The fund typically focuses on undervalued companies that have large market capitalizations, high yields and low payout ratios, which likely enables the company to raise even more dividends in the future. Financial services stocks have the largest weight in the fund's portfolio with about 26% allocation, while health care equities have approximately 12% allocation. The fund has a 30-day SEC yield of 1.31% as of Dec. 31, 2015.

The fund benefited under the stewardship of Clare Hart and Jonathan Simon. It has demonstrated a 12.67% average annual return and a 10.33% standard deviation from 2005 to 2015, producing a 1.21 10-year Sharpe ratio. It has received a silver analyst rating and five-star overall and 10-year ratings from Morningstar in the large value category, as well as a four-star rating for the three-year and five-year periods. The fund has a 1% load fee and a 1.54% net expense ratio.

JPMorgan Mid Cap Growth Fund Class R5 (JMGFX)

With $2.9 billion in AUM, the JPMorgan Mid Cap Growth Fund Class R5 seeks growth of capital by investing in mid-cap companies with strong growth characteristics. Its holdings are selected from a universe similar to that of the Russell Midcap Growth Index. Mid-cap information technology stocks occupy the largest share of the fund's portfolio with about 28% allocation, while consumer cyclical equities have 21% allocation.

From 2005 to 2015, the JPMorgan Mid Cap Growth Fund Class R5 demonstrated an 8.93% average annual return and an 18.99% standard deviation, resulting in a 0.49 Sharpe ratio. The fund has received a four-star overall and three-year rating from Morningstar. It charges no load fees and comes with a 0.78% net expense ratio.

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