Fact sheet: JPM Gbl Aggregate Bd

Fund information
Fund name
JPM Global Aggregate Bond A Inc NAV
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund managers
  • Linda Raggisince 04/09/2013
  • Iain Stealeysince 29/03/2010
Fund objective
To achieve a return in excess of global bond markets by investing primarily in global investment grade debt securities, using financial derivative instruments where appropriate.
Benchmark
  • Bloomberg Barclays Global Aggregate
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-1.4%
1 Year rank in sector
279/302
Sector
FO Fixed Int - Global
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%
Fund size
£88m (£40m 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.
71
Top in this sector
Fund name1 Year
Capital Group GHIOL28.7%
LM WAHiYcrEn25.6%
Dodge & Cox Global Bond21.6%
Natixis H2O Multibonds18.8%
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Performance snapshot

Holdings snapshot

  • USA36%
    Japan14.7%
    Money Market8.7%
    UK5.3%
    Italy5%
  • Government Bonds50%
    Investment Grade Corporate Bonds16.5%
    Mortgage & Secured Bonds14.8%
    Money Market8.7%
    High Yield Bond4.4%
  • US Fixed Interest36%
    Japanese Fixed Interest14.7%
    Money Market8.7%
    UK Fixed Interest5.3%
    Italian Fixed Interest5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%1.5%-2.6%-1.4%-2.3%2.2%
Sector0.6%1.4%-0.1%3.5%5.9%12.1%
Rank within sector84 / 332151 / 324272 / 311279 / 302201 / 241136 / 173
Quartile2nd2nd4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund2.5%1.6%-3.9%0.9%-3.1%
Sector1.7%4.6%-1.6%3.7%-1.6%
Rank within sector94 / 321216 / 293205 / 268175 / 230131 / 201
Quartile2nd3rd4th4th3rd
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.
-3.08
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.
1.2
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%.
4.82
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.
3.54
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.
-0.78
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.
0.47
Price movement
52 week high13.06
52 week low11.68
Current bid price-
Current offer price-
Current mid price12.1
Region
1USA35.96%
2Japan14.7%
3Money Market8.7%
4UK5.3%
5Italy5.02%
6Luxembourg4.57%
7Canada3.56%
8Germany3.38%
9Australia3.2%
Industry sector
1Government Bonds50%
2Investment Grade Corporate Bonds16.5%
3Mortgage & Secured Bonds14.8%
4Money Market8.7%
5High Yield Bond4.4%
6Fixed Interest2.3%
7Government Agency Bonds1.7%
8Asset/Mortgage-Backed Securities1.2%
9Debt0.4%
Asset type
1US Fixed Interest35.96%
2Japanese Fixed Interest14.7%
3Money Market8.7%
4UK Fixed Interest5.3%
5Italian Fixed Interest5.02%
6Luxembourg Fixed Interest4.57%
7Canadian Fixed Interest3.56%
8German Fixed Interest3.38%
9Australian Fixed Interest3.2%
Individual holdings
1JAPAN(GOVERNMENT OF) 0.1% BDS 15/08/18 JPY500003.1%
2GERMANY(FEDERAL REPUBLIC OF) 0.5% BDS 15/02/26 EUR0.012.1%
3GOVERNMENT OF ITALY 1.25% 01/12/261.9%
4JAPAN(GOVERNMENT OF) 0.1% BDS 20/09/26 JPY50000 3441.9%
5AUSTRALIA(COMMONWEALTH OF) 4.25% TB 21/04/26 AUD100 (CDI)1.8%
6JAPAN(GOVERNMENT OF) 2.5% BDS 20/09/35 JPY1000000001.8%
7MEXICO(UNITED MEXICAN STATES) 10% BDS 05/12/24 MXN1001.7%
8FNMA 3.50% 01/02/471.6%
9JAPAN(GOVERNMENT OF) 2.4% BDS 20/03/2034 JPY1.6%
Management
Fund manager group
J.P. Morgan Asset Management
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund objective
To achieve a return in excess of global bond markets by investing primarily in global investment grade debt securities, using financial derivative instruments where appropriate.
Benchmark
  • Bloomberg Barclays Global Aggregate
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
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.
Iain Stealey29/03/2010Iain 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.
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, Germany, Spain, Estonia, Finland, France, United Kingdom, Greece, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
JPM Global Aggregate Bond A Acc
Initial charge3%
Annual charge0.8%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price12.5
Offer price12.94
Mid price-
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJT24
JPM Global Aggregate Bond A Acc NAV
Initial charge3%
Annual charge0.8%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price12.56
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJT23
JPM Global Aggregate Bond A Inc
Initial charge3%
Annual charge0.8%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price12.04
Offer price12.46
Mid price-
CurrencyUSD
Price updated24/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFG12
JPM Global Aggregate Bond A Inc NAV
Initial charge3%
Annual charge0.8%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price12.1
CurrencyUSD
Price updated24/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeRT41
JPM Global Aggregate Bond C Acc
Initial charge-
Annual charge0.4%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.55%
Bid price104.28
Offer price104.28
Mid price-
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2GG
JPM Global Aggregate Bond C Acc NAV
Initial charge-
Annual charge0.4%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price104.28
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2GH
JPM Global Aggregate Bond D Acc
Initial charge3%
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.4%
Bid price14.98
Offer price15.51
Mid price-
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJQ93
JPM Global Aggregate Bond D Acc NAV
Initial charge3%
Annual charge0.8%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price15.06
CurrencyUSD
Price updated24/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZZ46
JPM Global Aggregate 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 price11.05
Offer price11.05
Mid price-
CurrencyUSD
Price updated12/12/2007
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJP62
JPM Global Aggregate 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 price11.05
CurrencyUSD
Price updated12/12/2007
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJR63
Data provided by

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