Fact sheet: JPM Eur Sht DurBd

Fund information
Fund name
JPM Euro Short Duration Bond D Acc NAV EUR
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund managers
  • Iain Stealeysince 21/07/2009
  • Linda Raggisince 04/09/2013
Fund objective
The Sub-Fund aims to achieve a return inexcess of EUR-denominated short duration bond markets byinvesting in investment grade EUR-denominated short-term debtsecurities, using financial derivative instruments whereappropriate.
Benchmark
  • Barclays Euro Aggregate 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.
1.1%
Fund size
£25m (£20m 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.
4
Top in this sector
Fund name1 Year
Boost Bund 10Y 3x Leverage Dly ETP27.9%
Boost BTP 10Y 3x Leverage Daily ETP22.2%
Dimensional € I L ItrDrFxI7.3%
Petercam L Bds EUR HiYldShtTm5.7%
ECM Short Dur Credit3.9%
...more in FO Fixed Int - EUR Short/ Medium Maturity

Performance snapshot

Holdings snapshot

  • Italy20%
    France17.7%
    Spain13.4%
    Germany10.9%
    International8.8%
  • Government Bonds47.4%
    Investment Grade Corporate Bonds28.6%
    Fixed Interest8.9%
    Mortgage & Secured Bonds6.3%
    Government Agency Bonds5.6%
  • Italian Fixed Interest20%
    French Fixed Interest17.7%
    Spanish Fixed Interest13.4%
    German Fixed Interest10.9%
    Global Fixed Interest8.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0%-0.1%0.1%0.8%6.7%
Sector0%0.5%0.9%1.9%5.7%12.5%
Rank within sector20 / 3025 / 3026 / 3025 / 2925 / 2713 / 21
Quartile3rd4th4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.2%-0.6%1%1.2%4.4%
Sector1.4%0.2%3.4%1%5.3%
Rank within sector29 / 3027 / 2923 / 2813 / 2413 / 22
Quartile4th4th4th3rd3rd
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.
-0.68
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%.
0.62
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.
0.59
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.
-2.71
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.
0.67
Price movement
52 week high108.26
52 week low107.71
Current bid price-
Current offer price-
Current mid price107.8
Region
1Italy20%
2France17.71%
3Spain13.38%
4Germany10.92%
5International8.76%
6UK6%
7USA3.84%
8Netherlands2.95%
9Ireland2.46%
Industry sector
1Government Bonds47.4%
2Investment Grade Corporate Bonds28.6%
3Fixed Interest8.9%
4Mortgage & Secured Bonds6.3%
5Government Agency Bonds5.6%
6Asset/Mortgage-Backed Securities1.6%
7Money Market1.6%
Asset type
1Italian Fixed Interest20%
2French Fixed Interest17.71%
3Spanish Fixed Interest13.38%
4German Fixed Interest10.92%
5Global Fixed Interest8.76%
6UK Fixed Interest6%
7US Fixed Interest3.84%
8Dutch Fixed Interest2.95%
9Irish Fixed Interest2.46%
Individual holdings
1GERMANY(FEDERAL REPUBLIC OF) 0% BDS 09/04/21 EUR0.01 1736.7%
2ITALY(REPUBLIC OF) 3.5% BDS 01/06/18 USD10006.5%
3ITALY(REPUBLIC OF) 4.5% TB 01/02/18 EUR10005.5%
4SPAIN(KINGDOM OF) 4.1% BDS 30/07/18 EUR10005.1%
5ITALY(REPUBLIC OF) 3.5% BDS 01/11/17 EUR10005%
6SPAIN(KINGDOM OF) 4.5% BDS 31/01/18 EUR10004.8%
7GOVERNMENT OF FRANCE 0.25% 25/11/202.9%
8FRANCE(GOVT OF) 0.5% TB 25/11/19 EUR12.7%
9NETHERLANDS(KINGDOM OF) 0.25% BDS 15/01/20 EUR11.9%
Management
Fund manager group
JP Morgan
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund objective
The Sub-Fund aims to achieve a return inexcess of EUR-denominated short duration bond markets byinvesting in investment grade EUR-denominated short-term debtsecurities, using financial derivative instruments whereappropriate.
Benchmark
  • Barclays Euro Aggregate 1-3 Years
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Iain Stealey21/07/2009Iain 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 Raggi04/09/2013Linda 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, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Curacao, Cyprus, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Greece, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
JPM Euro Short Duration Bond A Acc EUR
Initial charge3%
Annual charge0.6%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price11.08
Offer price11.47
Mid price-
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVZ6
JPM Euro Short Duration Bond A Acc NAV EUR
Initial charge3%
Annual charge0.6%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price11.14
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVZ7
JPM Euro Short Duration Bond C Acc EUR
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.45%
Bid price104.36
Offer price104.36
Mid price-
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2YC
JPM Euro Short Duration Bond C Acc NAV EUR
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price104.36
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2YB
JPM Euro Short Duration Bond C Hedged Dis GBP
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.45%
Bid price8.82
Offer price8.82
Mid price-
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGXR1
JPM Euro Short Duration Bond C Hedged Dis NAV GBP
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price8.82
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGXR2
JPM Euro Short Duration Bond C Hedged Dis NAV USD
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price131.82
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC6M
JPM Euro Short Duration Bond C Hedged Dis USD
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.45%
Bid price131.82
Offer price131.82
Mid price-
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC6L
JPM Euro Short Duration Bond D Acc EUR
Initial charge3%
Annual charge0.6%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.1%
Bid price107.26
Offer price111.03
Mid price-
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK9Z8
JPM Euro Short Duration Bond D Acc NAV EUR
Initial charge3%
Annual charge0.6%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price107.8
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK9Z7
JPM Euro Short Duration Bond I Acc EUR
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.41%
Total expense ratio (TER)0.41%
Bid price102.78
Offer price102.78
Mid price-
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMDL
JPM Euro Short Duration Bond I Acc NAV EUR
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.41%
Total expense ratio (TER)0.41%
Bid price-
Offer price-
Mid price102.78
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMDM
JPM Euro Short Duration Bond I Hedged Dis GBP
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.41%
Total expense ratio (TER)0.41%
Bid price82.7
Offer price82.7
Mid price-
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBMNN
JPM Euro Short Duration Bond I Hedged Dis NAV GBP
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.41%
Total expense ratio (TER)0.41%
Bid price-
Offer price-
Mid price82.7
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBMNO
JPM Euro Short Duration Bond I Hedged Dis NAV USD
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.41%
Total expense ratio (TER)0.41%
Bid price-
Offer price-
Mid price135.35
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDCQ
JPM Euro Short Duration Bond I Hedged Dis USD
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.41%
Total expense ratio (TER)0.41%
Bid price135.35
Offer price135.35
Mid price-
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDCP
Data provided by

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