JPM Sterling Corporate Bond B Net Inc (FUND:B1YXHD3) - Fund price - Overview

Fund Report

JPM Sterling Corporate Bond Fund B - Gross Income

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameAndreas Michalitsianos
Inception Date29/10/2012
NAV 18/05/2018GBP 0.55
Day Change-0.22%
12 Month Yield2.34%
Dividend FrequencyQuarterly
Net Assets (mil) 30/04/2018175.18 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.65%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating



Sustainability Rating as of 31/03/2018


Fund Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

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

How has this security performed
  • Fund: JPM Sterling Corporate Bond Fund B - Gross Income
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 18/05/2018
3 Years Annualised3.403.854.63
5 Years Annualised4.134.264.94
10 Years Annualised4.816.216.47

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 Profile30/04/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond78.07
Government Related7.72
Asset Backed5.02
Cash & Equivalents2.85
Top Holdings
IncreaseDecreaseNew since last portfolio
European Investment Bank 5% 2039-04-15Supranational2.52
Kreditanstalt Fur Wiederaufbau 6% 2028-12-07Germany2.41
DecreaseJPM Global High Yield Bond X (acc) USD Luxembourg1.97
Electricite de France SA 6.25% 2028-05-30France1.70
IncreaseJPM Sterling Liquidity X (dist.) 2049-12-31Luxembourg1.64
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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