JPM Sterling Corporate Bond I Inc (FUND:B014H65) - Overview

Fund Report

JP Morgan Sterling Corporate Bond I - Net Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameAndreas Michalitsianos
Inception Date02/08/2004
NAV 05/12/2016GBP 1.03
Day Change0.19%
12 Month Yield3.03%
ISINGB00B014H654
SEDOL
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2016152.22 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.40%
AMC0.40%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Benchmarks

Fund Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund12.971.6012.520.198.44
Category14.481.6810.680.387.76
Benchmark15.541.6412.510.709.67
  • Fund: JP Morgan Sterling Corporate Bond I - Net Inc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 05/12/2016
FundCatBmark
YTD8.237.599.88
3 Years Annualised6.865.977.56
5 Years Annualised7.547.338.48
10 Years Annualised3.725.425.68

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund's investment objective is to achieve a return based on a combination of income and capital growth by investing primarily in high quality Sterling denominated Bonds (or other Bonds hedged back to Sterling). The Fund's investment policy will focus on Investment Grade corporate issues. The Fund may also invest in Below-Investment Grade securities, including corporate and Emerging Market Bonds when the Investment Adviser believes these offer significant opportunities. The Fund may use Financial Derivative Instruments (derivatives) for investment purposes or Efficient Portfolio Management including hedging, where appropriate.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds109.918.48101.43
Cash56.2361.86-5.63
Other4.620.424.20
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond85.89
Government Related14.16
Asset Backed4.05
Government1.43
Commercial Mortgage Backed0.59
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioLong Gilt Future Bond 28/Dec/2016 G Z6 Comdty 8.48
New since last portfolioUs 10yr Note (Cbt )dec16 Bond 20/Dec/2016 Tyz6 4.82
New since last portfolioEuro-Bobl Future Bond 08/Dec/2016 Oez6 Comdty 4.35
IncreaseJPM Sterling Liquidity X (dist.) Luxembourg3.93
JPM Europe High Yield Bond X (acc) EUR Luxembourg3.05
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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