Fact sheet: JPM EU Agg Bd

Fund information
Fund name
JPM Euro Aggregate Bond A NAV EUR
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund managers
  • Iain Stealeysince 09/11/2009
  • Linda Raggisince 03/09/2013
Fund objective
To achieve a return in excess of EUR-denominated bond markets by investing primarily in investment grade EUR-denominated debt securities, using financial derivative instruments where appropriate.
Benchmark
  • Bloomberg Barclays Euro Aggregate
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
0.8%
1 Year rank in sector
47/65
Sector
FO Fixed Int - EUR Investment Grade
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.9%
Fund size
£100m (£43m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
72
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX23%
Russell IC II Euro FI21.8%
Capital Group EBdFL19.9%
Pimco GIS Euro Income Bond4.5%
BlackRock GF Eu Corp Bd3.8%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • France17.8%
    Italy15%
    Germany13.6%
    Spain10.2%
    USA7.8%
  • Government Bonds59.4%
    Investment Grade Corporate Bonds19.3%
    Mortgage & Secured Bonds8.6%
    Fixed Interest6.2%
    High Yield Bond4.8%
  • French Fixed Interest17.8%
    Italian Fixed Interest15%
    German Fixed Interest13.6%
    Spanish Fixed Interest10.2%
    US Fixed Interest7.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-3.4%-1.2%0.8%11.9%29.8%
Sector-1.6%-2.6%0%1.9%11.6%35.3%
Rank within sector50 / 6556 / 6562 / 6547 / 6527 / 6227 / 49
Quartile4th4th4th3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund2%-0.4%10.5%1.9%10.6%
Sector2.9%-0.2%8.9%3.4%15.2%
Rank within sector46 / 6539 / 6423 / 6223 / 5327 / 49
Quartile3rd3rd2nd2nd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.05
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.02
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.31
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
3.53
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.31
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.1
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.86
Price movement
52 week high14.08
52 week low13.26
Current bid price-
Current offer price-
Current mid price13.52
Region
1France17.75%
2Italy15.02%
3Germany13.61%
4Spain10.18%
5USA7.76%
6International6.25%
7Luxembourg5.14%
8UK4.54%
9Belgium3.43%
Industry sector
1Government Bonds59.4%
2Investment Grade Corporate Bonds19.3%
3Mortgage & Secured Bonds8.6%
4Fixed Interest6.2%
5High Yield Bond4.8%
6Government Agency Bonds2.4%
7Asset/Mortgage-Backed Securities0.1%
8Money Market-0.8%
Asset type
1French Fixed Interest17.75%
2Italian Fixed Interest15.02%
3German Fixed Interest13.61%
4Spanish Fixed Interest10.18%
5US Fixed Interest7.76%
6Global Fixed Interest5.44%
7Luxembourg Fixed Interest5.14%
8UK Fixed Interest4.54%
9Belgian Fixed Interest3.43%
Individual holdings
1FRANCE(GOVT OF) 3% BDS 25/04/22 EUR14.1%
2GERMANY(FEDERAL REPUBLIC OF) 0.5% BDS 15/02/26 EUR0.014.1%
3GERMANY(FEDERAL REPUBLIC OF) 6.25% BDS 4/1/2030 EUR0.01 SER`00`3.9%
4ITALY(REPUBLIC OF) 4% BDS 01/09/20 EUR10003.7%
5ITALY(REPUBLIC OF) 2% BDS 01/12/25 EUR10002.5%
6FRANCE(GOVT OF) 2.25% NTS 25/10/22 EUR12.2%
7GERMANY(FEDERAL REPUBLIC OF) 0% BDS 09/04/21 EUR0.01 1732.1%
8SPAIN(KINGDOM OF) 3.8% BDS 30/04/24 EUR10001.7%
9EUROPEAN UNION 2.75% BDS 21/09/21 EUR10001.4%
Management
Fund manager group
JP Morgan
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund objective
To achieve a return in excess of EUR-denominated bond markets by investing primarily in investment grade EUR-denominated debt securities, using financial derivative instruments where appropriate.
Benchmark
  • Bloomberg Barclays Euro Aggregate
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Iain Stealey09/11/2009Iain Stealey, managing director, is the head of Global Aggregate Strategies within the Global Fixed Income, Currency & Commodities (GFICC) group. Based in London, he is a portfolio manager focusing on multi-sector bond strategies for both segregated clients and pooled funds. Within the Global Aggregate team, Iain was previously responsible for the portfolio management of enhanced cash and short duration portfolios. An employee since 2002, he obtained a B.Sc. in Management Science from Loughborough University. Iain is a CFA charterholder and holds the Investment Management Certificate from the UK Society of Investment Professionals.
Linda Raggi03/09/2013Linda Raggi, vice president, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in London, she is a portfolio manager in the International Fixed Income multi sector team focusing on high grade multi-currency portfolios for segregated clients and pooled funds, as well as strategies for private high net worth investors. An employee since 2008, Linda previously worked as a client portfolio manager in the International Fixed Income CPM team. She obtained a B.Sc. in international economics and management from Bocconi University and an M.Sc. in banking and international finance from the Cass Business School in London. Linda holds a Series 3 license, the Investment Management Certificate from the UK Society of Investment Professionals and is a CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Curacao, Cyprus, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Greece, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
JPM Euro Aggregate Bond A EUR
Initial charge3%
Annual charge0.7%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price13.45
Offer price13.93
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHOE5
JPM Euro Aggregate Bond A Inc EUR
Initial charge3%
Annual charge0.7%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price105.69
Offer price109.41
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFDIS
JPM Euro Aggregate Bond A Inc NAV EUR
Initial charge3%
Annual charge0.7%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price106.22
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFDIT
JPM Euro Aggregate Bond A NAV EUR
Initial charge3%
Annual charge0.7%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price13.52
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHOE6
JPM Euro Aggregate Bond C Acc EUR
Initial charge-
Annual charge0.35%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)0.5%
Bid price114.12
Offer price114.12
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDJA
JPM Euro Aggregate Bond C Acc NAV EUR
Initial charge-
Annual charge0.35%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)0.5%
Bid price-
Offer price-
Mid price114.12
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDJB
JPM Euro Aggregate Bond C Dis EUR
Initial charge-
Annual charge0.35%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)0.5%
Bid price106.67
Offer price106.67
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDIX
JPM Euro Aggregate Bond C Dis NAV EUR
Initial charge-
Annual charge0.35%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)0.5%
Bid price-
Offer price-
Mid price106.67
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDIW
JPM Euro Aggregate Bond D Acc EUR
Initial charge3%
Annual charge0.7%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price110.92
Offer price114.82
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFDJD
JPM Euro Aggregate Bond D Acc NAV EUR
Initial charge3%
Annual charge0.7%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price111.48
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFDJC
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