JPM Sterling Bd A (acc)-GBP (FUND:B07Q3D4) - Fund price - Overview

Fund Report

JPMorgan Funds - Sterling Bond Fund A (acc) - GBP

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameIain Stealey
Inception Date31/03/2005
NAV 24/05/2018GBP 17.26
Day Change0.53%
12 Month Yield0.00%
ISINLU0210535463
SEDOL
Dividend Frequency-
Net Assets (mil) 30/04/201862.07 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost1.10%
AMC0.90%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

Above Average

Above Average


Sustainability Rating as of 31/03/2018

Benchmarks

Fund Benchmark

BBgBarc Sterling NonGilts 10+ Yr TR GBP

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 30/04/2018

How has this security performed
201320142015201620172018
Fund-2.3417.07-0.5514.874.86-2.45
Category1.6810.680.389.714.84-1.37
Benchmark1.6412.510.7012.274.86-1.54
  • Fund: JPMorgan Funds - Sterling Bond Fund A (acc) - GBP
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 24/05/2018
FundCatBmark
YTD-3.11-1.99-2.04
3 Years Annualised5.073.834.69
5 Years Annualised5.174.254.96
10 Years Annualised6.316.206.60

Morningstar SRRI

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

Investment Objective

The fund seeks to achieve a return in excess of sterling bond markets by investing primarily in GBP denominated fixed and floating rate debt securities, using derivative strategies where appropriate. At least 67% of the Sub-Fund's total assets (excluding cash and cash equivalents) will be invested, either directly or through the use of financial derivative instruments, in GPB denominated fixed and floating rate debt securities. Financial derivative instruments utilised by the Sub-Fund may include futures, options, contracts for difference, forward contracts on financial instruments and options on such contracts, credit linked instruments, mortgage TBAs and swap contracts by private agreement and other fixed income, currency and credit derivatives. Financial derivative instruments may also be used for hedging purposes.

Portfolio Profile30/04/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds98.040.0198.03
Cash1.990.221.76
Other0.210.000.21
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond77.60
Asset Backed9.58
Government Related6.14
Agency Mortgage Backed2.45
Covered Bond1.98
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseEuropean Investment Bank 5% 2039-04-15Supranational3.02
Engie 7% 2028-10-30France2.45
Electricite de France SA 6.12% 2034-06-02France2.36
Thames Water Utilities Cayman Finance Limited 4.38% 2034-07-03United Kingdom2.28
HSBC Holdings plc 6% 2040-03-29United Kingdom2.22
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 4 Exchange Quay, Salford Quays, Manchester M5 3EE. 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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