JPM Multi-Asset Income C Net Acc (FUND:B4N20M2) - Overview

Fund Report

JPM Multi-Asset Income Fund C Shares Net Accumulation

Key Stats
Morningstar® CategoryGBP Moderate Allocation
Manager Name-
Inception Date01/05/2012
NAV 09/12/2016GBP 1.33
Day Change0.23%
12 Month Yield4.04%
ISINGB00B4N20M25
SEDOLB4N20M2
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2016418.02 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 Charge0.83%
AMC0.65%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 31/10/2016

Benchmarks

Fund Benchmark

40% MSCI World (Net) Hdg to GBP, 30% BBgBarc Gbl Credit Hdg to GBP, 30% BBgBarc US HY 2% Iss Cap Hdg to GBP

Morningstar® Benchmark

Cat 50%Barclays StlAgg TR&50%FTSE Wld TR

Morningstar Analyst Rating™ *

Bronze

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund14.6210.226.41-0.084.52
Category8.569.905.511.357.98
Benchmark9.039.3312.652.5716.80
  • Fund: JPM Multi-Asset Income Fund C Shares Net Accumulation
  • Category: GBP Moderate Allocation
  • Benchmark: Cat 50%Barclays StlAgg TR&50%FTSE Wld TR
Trailing Returns % (GBP) 09/12/2016
FundCatBmark
YTD5.798.6017.91
3 Years Annualised4.445.7611.15
5 Years Annualised7.547.0210.42
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund seeks to provide income by investing primarily in a global portfolio of income generating securities. The Fund will predominantly invest in fixed and floating rate Debt Securities and Equity and Equity Linked Securities to generate income. The Fund may invest in High-Yield Bonds, Convertible Bonds, Investment Grade, Below-Investment Grade and Unrated securities, Real Estate Investment Trusts (“REITS”), smaller companies and collective investment schemes as the Investment Adviser deems appropriate. Issuers of securities may be located in any country, including Emerging Markets and the Fund may invest in assets denominated in any currency. Non-Sterling currency exposure (excluding Emerging Markets local currency) will be hedged back to Sterling. The Fund may use Financial Derivative Instruments (derivatives) and forward transactions for investment purposes and Efficient Portfolio Management, including hedging.

Portfolio Profile31/10/2016

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
Stocks35.400.0035.40
Bonds71.780.0071.78
Cash215.58225.15-9.57
Other2.490.102.38
Top Stock Regions
Region%
United States39.69
Eurozone21.58
United Kingdom17.70
Europe - ex Euro4.58
Asia - Developed3.75

Top Sectors

Stock Sector%
Real Estate20.69
Financial Services20.26
Consumer Cyclical8.57
Communication Services8.01
Technology7.60
Fixed Income Sector%
Corporate Bond76.43
Government Related16.33
Asset Backed6.67
Government5.40
Non-Agency Residential Mortgage Backed5.10
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
New since last portfolioUs 5yr Note (Cbt) Bond 30/Dec/2016 Fvz6 Comdty Not Classified10.34
DecreaseJPM US Dollar Liquidity X (dist.) Not Classified0.84
DecreaseGlaxoSmithKline PLC Healthcare0.82
DecreaseOccidental Petroleum Corp Energy0.71
DecreaseComcast Corp Class A Communication Services0.70
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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