JPM Em Mkts Local Ccy Debt C (inc) GBP (FUND:B8CHPS7) - Overview

Fund Report

JPMorgan Funds - Emerging Markets Local Currency Debt Fund C (inc) - GBP

Key Stats
Morningstar® CategoryGlobal Emerging Markets Bond - Local Currency
Manager NamePierre-Yves Bareau
Inception Date26/09/2012
NAV 06/12/2016GBP 50.23
Day Change0.90%
12 Month Yield5.32%
ISINLU0822042700
SEDOLB8CHPS7
Dividend FrequencyAnnually
Net Assets (mil) 31/10/20162,473.99 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge0.70%
AMC0.50%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

JPM GBI-EM Global Diversified TR USD

Morningstar® Benchmark

JPM GBI-EM Global Diversified TR USD

Morningstar Analyst Rating™ *

Neutral

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

How has this security performed
20122013201420152016
Fund--10.810.43-11.8925.26
Category--11.05-0.93-10.3825.32
Benchmark--10.670.15-9.9927.31
  • Fund: JPMorgan Funds - Emerging Markets Local Currency Debt Fund C (inc) - GBP
  • Category: Global Emerging Markets Bond - Local Currency
  • Benchmark: JPM GBI-EM Global Diversified TR USD
Trailing Returns % (GBP) 06/12/2016
FundCatBmark
YTD23.5124.8527.23
3 Years Annualised2.612.844.02
5 Years Annualised---
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 achieve a return in excess of government bond markets of emerging markets countries through exposure primarily to local currency emerging market fixed and floating rate debt instruments, using derivatives where appropriate. At least 67% of the Sub-Fund's total assets (excluding cash and cash equivalents) will be invested, either directly or through the use of financial derivative instruments, in fixed and floating rate debt securities issued or guaranteed by emerging market governments or their agencies or by companies that are incorporated under the laws of, and have their registered office in, an emerging market country, or that derive a predominant part of their economic activity from emerging market countries, even if listed elsewhere. Such debt securities may be denominated in any currency, however at least 67% of the Sub-Fund's total assets will be invested in debt securities that are denominated in the local emerging market currency.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds104.0633.9570.11
Cash184.43154.5429.89
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Government96.32
Cash & Equivalents29.92
Corporate Bond0.68
Future/Forward-0.19
Government Related-26.74
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Increase90day Euro$ Futr Interest Rate 18/Dec/2017 Edz7 2017-12-1814.88
90day Euro$ Futr Interest Rate 13/Mar/2017 Edh7 2017-03-135.72
New since last portfolioSwap/05/17/2018/P:mxn/Tiie/4w /R:mxn 5.11500 2018-05-174.99
New since last portfolioPoland(Rep Of) 1.75% 2021-07-25Poland4.11
IncreaseIndonesia(Rep Of) 9% 2029-03-15Indonesia4.10
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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