JPM Strategic Bond I Gross Inc (FUND:B3RJCR1) - Overview

Fund Report

JP Morgan Strategic Bond Gross I Income

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager NameRobert Michele
Inception Date06/04/2010
NAV 26/10/2016GBP 1.02
Day Change-0.10%
12 Month Yield3.68%
Dividend FrequencyQuarterly
Net Assets (mil) 30/09/2016492.86 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 Charge0.40%
Fund Rebate0.05%

Morningstar Rating™



Fund Benchmark


Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Morningstar Analyst Rating™ *


Growth Of 10,000 (GBP) 30/09/2016

How has this security performed
  • Fund: JP Morgan Strategic Bond Gross I Income
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 26/10/2016
3 Years Annualised2.623.914.74
5 Years Annualised2.926.264.36
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 Profile30/09/2016

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 Bond55.14
Commercial Mortgage Backed15.43
Agency Mortgage Backed12.11
Asset Backed7.50
Top Holdings
IncreaseDecreaseNew since last portfolio
New since last portfolioUs 5yr Note (Cbt) Bond 30/Dec/2016 Fvz6 Comdty 2016-12-3018.97
New since last portfolioGovt Natl Mtg Asso 3% 2046-10-15United States14.58
DecreaseUs 10yr Note (Cbt )dec16 Bond 20/Dec/2016 Tyz6 2016-12-208.74
New since last portfolioFed Natl Mort Assc 3% 2046-10-15United States7.94
IncreaseJPM Sterling Liquidity X (dist.) 2049-12-31Luxembourg7.85
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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