JPM Global Macro Balanced I Gross Acc (FUND:B1KVJ02) - Fund price - Overview

Fund Report

JP Morgan Global Macro Balanced Fund I Gross Acc

Key Stats
Morningstar® CategoryGBP Moderately Cautious Allocation
Manager Name-
Inception Date01/02/2007
NAV 28/04/2017GBP 1.37
Day Change0.15%
12 Month Yield1.19%
ISINGB00B1KVJ023
SEDOLB1KVJ02
Dividend FrequencyQuarterly
Net Assets (mil) 31/12/2016168.84 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.60%
AMC0.60%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

70% JPM GBI Global TR Hdg GBP, 30% MSCI World 100% Hdg NR GBP

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 30/04/2017

How has this security performed
20132014201520162017
Fund10.768.314.14-0.621.41
Category5.745.720.938.70-
  • Fund: JP Morgan Global Macro Balanced Fund I Gross Acc
  • Category: GBP Moderately Cautious Allocation
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 28/04/2017
FundCat
YTD1.413.06
3 Years Annualised4.295.09
5 Years Annualised4.145.23
10 Years Annualised2.694.51

Morningstar SRRI

Lower Risk
Higher Risk
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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 Profile31/12/2016

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
Stocks32.9614.1018.86
Bonds60.9242.9317.99
Cash219.62157.0362.59
Other1.450.900.55
Top Stock Regions
Region%
Japan26.26
United States24.13
Eurozone21.34
United Kingdom14.69
Asia - Developed10.63

Top Sectors

Stock Sector%
Technology30.15
Healthcare14.53
Financial Services10.74
Communication Services10.58
Consumer Cyclical10.51
Fixed Income Sector%
Cash & Equivalents79.63
Government59.99
Future/Forward-1.96
Government Related-37.66
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Canada Govt 1.75% 2019-03-01Not Classified15.22
New since last portfolioUs 10yr Note (Cbt)mar17 Bond 22/Mar/2017 Tyh7 2017-03-22Not Classified13.13
New since last portfolioAust 3yr Bond Fut Bond 15/Mar/2017 Ymh7 Comdty 2017-03-15Not Classified11.79
New since last portfolioLong Gilt Future Bond 29/Mar/2017 G H7 Comdty 2017-03-29Not Classified11.46
US Treasury Note 0.75% 2019-02-15Not Classified9.56
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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