JPM Cautious Managed I Acc (FUND:B09RGM5) - Overview

Fund Report

JP Morgan Global Macro Balanced Fund I Net Accumulation

Key Stats
Morningstar® CategoryGBP Cautious Allocation
Manager Name-
Inception Date01/07/2005
NAV 09/12/2016GBP 0.72
Day Change0.33%
12 Month Yield1.30%
ISINGB00B09RGM51
SEDOL
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2016180.94 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 Charge0.60%
AMC0.60%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

70% JPM GBI Global TR Hdg GBP, 30% MSCI World (Net) Hdg to GBP

Morningstar® Benchmark

Cat 75%Barclays Stlg Agg TR&25%FTSE Wld TR

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

How has this security performed
20122013201420152016
Fund-5.3710.928.354.11-0.80
Category7.965.545.720.686.50
Benchmark7.543.2013.271.5612.68
  • Fund: JP Morgan Global Macro Balanced Fund I Net Accumulation
  • Category: GBP Cautious Allocation
  • Benchmark: Cat 75%Barclays Stlg Agg TR&25%FTSE Wld TR
Trailing Returns % (GBP) 09/12/2016
FundCatBmark
YTD-0.887.0813.27
3 Years Annualised4.114.849.32
5 Years Annualised3.005.817.91
10 Years Annualised2.774.466.76

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund aims to achieve capital growth in excess of its benchmark by investing in a global portfolio of assets. The Fund will primarily invest in Debt Securities (which may include Below-Investment Grade Bonds and Unrated Securities), Convertible Bonds, Equity securities (which may include smaller companies) and short-term securities Issuers of securities may be located in any country, including Emerging Markets and the Fund may invest in assets denominated in any currency. The Fund uses an investment process based on macroeconomic research to identify global investment themes and opportunities. The Investment Adviser has a flexible approach to asset allocation, with a minimum allocation of 50% of the Fund’s assets to Debt Securities.

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks48.3617.9830.37
Bonds88.0233.9054.11
Cash362.72343.8218.90
Other5.268.64-3.38
Top Stock Regions
Region%
United States30.41
Eurozone28.82
Japan14.26
United Kingdom13.18
Asia - Developed7.96

Top Sectors

Stock Sector%
Healthcare24.49
Communication Services18.42
Technology14.76
Utilities12.95
Consumer Defensive12.88
Fixed Income Sector%
Government74.34
Cash & Equivalents25.23
Future/Forward0.65
Government Related-0.22
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
New since last portfolioAust 3yr Bond Fut Bond 15/Dec/2016 Ymz6 Comdty Not Classified18.26
New since last portfolioCanada Govt 1.75% 2019-03-01Not Classified14.52
New since last portfolioSpxw Put Usd 2125 04/Nov/2016 (S1x6p Y 2125 Us Not Classified13.99
New since last portfolioLong Gilt Future Bond 28/Dec/2016 G Z6 Comdty Not Classified12.27
IncreaseS&P500 Emini Fut Equity Index 16/Dec/2016 Esz6 2016-12-16Not Classified11.14
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.
© Copyright 2016 Morningstar. All rights reserved.