Fact sheet: JPM Eur Gov ShtDurBd

Fund information
Fund name
JPM Euro Government Short Duration Bond D Acc NAV
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund manager
  • David Tansince 20/02/2009
Fund objective
To achieve a return in line with the Benchmark by investing primarily in EUR-denominated short-term government debt securities issued by countries for which their domestic currency is the EUR.
Benchmark
  • J.P. Morgan EMU Government Bond Investment Grade Index 1-3 years
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
0.1%
1 Year rank in sector
25/29
Sector
FO Fixed Int - EUR Short/ Medium Maturity
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.
0.55%
Fund size
£167m (£119m 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.
61
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Petercam L Bds EUR HiYldShtTm5%
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Performance snapshot

Holdings snapshot

  • Italy35.8%
    France26.7%
    Spain17.4%
    Belgium4.7%
    Austria4.4%
  • Government Bonds94.7%
    Government Agency Bonds4.6%
    Money Market0.7%
  • Italian Fixed Interest35.8%
    French Fixed Interest26.7%
    Spanish Fixed Interest17.4%
    Belgian Fixed Interest4.7%
    Austrian Fixed Interest4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund---0.1%0.1%2.7%8.3%
Sector0%0.7%1%1.7%5.7%12.4%
Rank within sector12 / 3028 / 3029 / 3025 / 2913 / 2712 / 21
Quartile2nd4th4th4th2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.1%0.4%1.6%1.6%4.1%
Sector1.4%0.2%3.4%1%5.3%
Rank within sector28 / 309 / 2914 / 289 / 2414 / 22
Quartile4th2nd2nd2nd3rd
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.
-0.01
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.
0.51
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
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%.
0.68
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.
0.67
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.
-1.45
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.
0.54
Price movement
52 week high11.2
52 week low11.15
Current bid price-
Current offer price-
Current mid price11.17
Region
1Italy35.75%
2France26.71%
3Spain17.38%
4Belgium4.67%
5Austria4.37%
6Netherlands4.27%
7Germany2.38%
8Ireland2.18%
9Finland0.89%
Industry sector
1Government Bonds94.7%
2Government Agency Bonds4.6%
3Money Market0.7%
Asset type
1Italian Fixed Interest35.75%
2French Fixed Interest26.71%
3Spanish Fixed Interest17.38%
4Belgian Fixed Interest4.67%
5Austrian Fixed Interest4.37%
6Dutch Fixed Interest4.27%
7German Fixed Interest2.38%
8Irish Fixed Interest2.18%
9Finnish Fixed Interest0.89%
Individual holdings
1ITALY(REPUBLIC OF) 0.75% BDS 15/01/18 EUR10006.2%
2FRANCE(GOVT OF) 1% BDS 25/05/19 EUR15.8%
3SPAIN(KINGDOM OF) 3.75% BDS 31/10/18 EUR10005.6%
4GOVERNMENT OF ITALY 0.70% 01/05/205.5%
5FRANCE(GOVT OF) 1% NTS 25/05/18 EUR14.6%
6ITALY (REPUBLIC OF) 0.25 15/05/20184.5%
7SPAIN(KINGDOM OF) 2.1% BDS 30/04/17 EUR10003.9%
8ITALY(REPUBLIC OF) 2.15% NTS 12/11/17 EUR10003.8%
9GOVERNMENT OF BELGIUM 0.20%  31/07/183.7%
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 line with the Benchmark by investing primarily in EUR-denominated short-term government debt securities issued by countries for which their domestic currency is the EUR.
Benchmark
  • J.P. Morgan EMU Government Bond Investment Grade Index 1-3 years
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
David Tan20/02/2009David Tan, managing director, is the head of the Global Rates team in the Global Fixed Income, Currency & Commodities (GFICC) group. In this role, he also serves as the lead portfolio manager in the International Fixed Income Group, managing government bond portfolios for institutional clients, in particular Central Banks and Sovereign Wealth Funds, as well as our range of Government Bond Funds. An employee since 1997, he previously worked in the Singapore office. David has also worked for six years at the UK Treasury as an economic adviser in the Debt and Reserves Management Division. Before this, David worked in the fixed income markets with Morgan Guaranty Trust in Singapore. David obtained an M.A. in economics from the University of Cambridge and an M.Sc. in economics from the London School of Economics.
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, Bahrain, Switzerland, Curacao, Cyprus, Germany, Spain, Estonia, Finland, France, United Kingdom, Greece, Hungary, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Sweden
JPM Euro Government Short Duration Bond A Acc
Initial charge3%
Annual charge0.35%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)0.5%
Bid price11.2
Offer price11.6
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeENR7
JPM Euro Government Short Duration Bond A Acc NAV
Initial charge3%
Annual charge0.35%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)0.5%
Bid price-
Offer price-
Mid price11.26
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeENR8
JPM Euro Government Short Duration Bond A Inc
Initial charge3%
Annual charge0.35%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)0.5%
Bid price9.49
Offer price9.83
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeENR9
JPM Euro Government Short Duration Bond A Inc NAV
Initial charge3%
Annual charge0.35%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)0.5%
Bid price-
Offer price-
Mid price9.54
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeENS0
JPM Euro Government Short Duration Bond C Acc
Initial charge-
Annual charge0.2%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)0.35%
Bid price11.38
Offer price11.38
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEQA7
JPM Euro Government Short Duration Bond C Acc NAV
Initial charge-
Annual charge0.2%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price11.38
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEQA8
JPM Euro Government Short Duration Bond D Acc
Initial charge3%
Annual charge0.35%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.55%
Bid price11.11
Offer price11.51
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeENS1
JPM Euro Government Short Duration Bond D Acc NAV
Initial charge3%
Annual charge0.35%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price11.17
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeENS2
JPM Euro Government Short Duration Bond I Acc
Initial charge-
Annual charge0.2%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.31%
Total expense ratio (TER)0.31%
Bid price103.26
Offer price103.26
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMDJ
JPM Euro Government Short Duration Bond I Acc NAV
Initial charge-
Annual charge0.2%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.31%
Total expense ratio (TER)0.31%
Bid price-
Offer price-
Mid price103.26
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMDK
JPM Euro Government Short Duration Bond X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price100.15
Offer price100.15
Mid price-
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE62M
JPM Euro Government Short Duration Bond X Acc NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.15
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE62N
Data provided by

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