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

Fund Report

JP Morgan Global Macro Balanced Fund I Gross Acc

Key Stats
Morningstar® CategoryGBP Cautious Allocation
Manager Name-
Inception Date01/02/2007
NAV 21/10/2016GBP 1.40
Day Change0.14%
12 Month Yield1.31%
Dividend FrequencyQuarterly
Net Assets (mil) 30/09/2016181.41 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%
Fund Rebate-

Morningstar Rating™



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) 30/09/2016

How has this security performed
  • Fund: JP Morgan Global Macro Balanced Fund I Gross Acc
  • Category: GBP Cautious Allocation
  • Benchmark: Cat 75%Barclays Stlg Agg TR&25%FTSE Wld TR
Trailing Returns % (GBP) 21/10/2016
3 Years Annualised5.875.239.47
5 Years Annualised2.996.268.87
10 Years Annualised---

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 Profile30/09/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Stock Regions
United States29.38
United Kingdom14.38
Asia - Developed5.18

Top Sectors

Stock Sector%
Communication Services20.40
Consumer Defensive14.51
Fixed Income Sector%
Cash & Equivalents40.03
Government Related-5.12
Top Holdings
IncreaseDecreaseNew since last portfolio
New since last portfolioAust 3yr Bond Fut Bond 15/Dec/2016 Ymz6 Comdty 2016-12-15Not Classified17.15
IncreaseUs 10yr Note (Cbt )dec16 Bond 20/Dec/2016 Tyz6 2016-12-20Not Classified16.68
Australia(Cmnwlth) 5.25% 2019-03-15Not Classified14.13
New since last portfolioS&P500 Emini Fut Equity Index 16/Dec/2016 Esz6 2016-12-16Not Classified9.24
New since last portfolioUS Treasury Note 0.75% 2019-02-15Not Classified8.50
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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