JPM Unconstrained Bond I Grs Inc (FUND:B3RJC59) - Fund price - Overview

Fund Report

JPM Unconstrained Bond Fund I - Gross Income

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager NameRobert Michele
Inception Date21/04/2011
NAV 16/03/2018GBP 0.98
Day Change-0.07%
12 Month Yield2.70%
Dividend FrequencyQuarterly
Net Assets (mil) 28/02/2018814.45 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
Ongoing Cost0.40%
Fund Rebate0.05%

Morningstar Rating™


Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark


Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Morningstar Analyst Rating™ *


Growth Of 10,000 (GBP) 28/02/2018

How has this security performed
  • Fund: JPM Unconstrained Bond Fund I - Gross Income
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 16/03/2018
3 Years Annualised2.132.741.56
5 Years Annualised2.193.492.74
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The fund seeks to maximise returns by investing primarily in a global portfolio of fixed and floating rate Debt Securities. The Fund may invest in developed and Emerging Market countries and hold Investment Grade, Below-Investment Grade and Unrated Bonds, Asset and Mortgage Backed Securities (ABS and MBS), Credit Linked Notes and Structured Products. The Fund may use Financial Derivative Instruments (derivatives) for investment purposes or Efficient Portfolio Management including hedging, where appropriate. The Fund may invest up to 10% in Convertible Bonds. The Fund may also hold up to 10% in Equity Securities typically as a result of events relating to the Fund’s investment in Debt Securities including, but not limited to, Debt Securities converting or being restructured.

Portfolio Profile28/02/2018

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%
Government Related131.04
Corporate Bond43.76
Asset Backed11.39
Agency Mortgage Backed9.87
Top Holdings
IncreaseDecreaseNew since last portfolio
New since last portfolioSwap/01/23/2021/P:usd/Libor/3m /R:usd 2.55750 2021-01-23100.06
New since last portfolio10 Year Us Treasury Notes Call Usd 122.5 2018-03-2362.66
New since last portfolioSwap/01/23/2020/P:usd/Libor/3m /R:usd 2.48250 2020-01-2337.14
New since last portfolio10 Year Us Treasury Notes Call Usd 123 23/Mar/2018 2018-03-2331.46
New since last portfolio10 Year Us Treasury Notes Call Usd 121.5 2018-03-2331.08
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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