Fact sheet: JPM Glbl Mac Bal

Fund information
Fund name
JPM Global Macro Balanced D Acc NAV EUR
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund managers
  • Gareth Witcombsince 01/09/2014
  • James Elliotsince 21/12/2012
  • Talib Sheikhsince 21/12/2012
Fund objective
To provide income and long-term capital growth by investing primarily in debt securities issued or guaranteed by governments or their agencies and in companies, globally and using financial derivative instruments where appropriate.
Benchmark
No data available.
Investment style
Cautious,Active,Growth
Investment method
None
Quick stats
1 Year return
-4%
1 Year rank in sector
91/92
Sector
FO Mixed Asset - Cautious
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.
1.9%
Fund size
£260m (£237m 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.
79
Top in this sector
Fund name1 Year
SEI GblMtiAtInc28.8%
HSBC Pfl World Seltn 126.2%
Ashmore SICV3EmgMktMlt-Ast25.1%
Polar Capital IncmOpps23.6%
Towry A455023.3%
...more in FO Mixed Asset - Cautious

Performance snapshot

Holdings snapshot

  • North America39.9%
    Europe ex UK36.2%
    Pacific ex-Japan17.4%
    Japan14.2%
    Money Market3.3%
  • Equities62.3%
    Fixed Interest34.4%
    Money Market3.3%
  • North American Fixed Interest30.6%
    Europe ex UK Fixed Interest24.7%
    Japanese Equities14.2%
    Asia Pacific ex Japan Fixed Interest13.5%
    Europe ex UK Equities11.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-4.4%-7.8%-4%4.6%7%
Sector1.1%0.5%1.4%6.6%7.5%18.3%
Rank within sector95 / 9997 / 9895 / 9691 / 9253 / 6552 / 55
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund0.2%-5.2%3.1%7.8%8.1%
Sector0.7%3.6%-0.7%4.3%4.2%
Rank within sector84 / 9889 / 929 / 8112 / 6511 / 61
Quartile4th4th1st1st1st
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.
-0.02
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.
0.78
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%.
5.31
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.
4.52
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.
-0.14
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.
0.3
Price movement
52 week high140.24
52 week low126.6
Current bid price-
Current offer price-
Current mid price128.39
Region
1North America39.9%
2Europe ex UK36.2%
3Pacific ex-Japan17.4%
4Japan14.2%
5Money Market3.3%
6Global Emerging Markets2.6%
7UK-13.6%
Industry sector
1Equities62.3%
2Fixed Interest34.4%
3Money Market3.3%
Asset type
1North American Fixed Interest30.6%
2Europe ex UK Fixed Interest24.7%
3Japanese Equities14.2%
4Asia Pacific ex Japan Fixed Interest13.5%
5Europe ex UK Equities11.5%
6North American Equities9.3%
7Asia Pacific ex Japan Equities3.9%
8Money Market3.3%
9Global Emerging Market Equities2.6%
Individual holdings
1ENEL SPA2.3%
2RAYTHEON CO2.1%
3ALPHABET INC1.9%
4IMPERIAL BRANDS PLC1.9%
5NIPPON TELEGRAPH & TELEPHONE CORP1.9%
6TOKYO ELECTRON1.9%
7GLAXOSMITHKLINE1.8%
8MARINE HARVEST1.8%
9ASTELLAS PHARMA INC1.7%
Management
Fund manager group
JP Morgan
Fund manager company
JPMorgan Asset Mgmt (Europe) S
Fund type
Offshore Fund
Fund objective
To provide income and long-term capital growth by investing primarily in debt securities issued or guaranteed by governments or their agencies and in companies, globally and using financial derivative instruments where appropriate.
Benchmark
No data available.
Investment style
Cautious,Active,Growth
Investment method
None
Fund managers
NameSinceBiography
Gareth Witcomb01/09/2014Gareth Witcomb, vice president, is a portfolio manager in the Global Multi-Asset Group, based in London. Gareth works on total return portfolios, supports the convertible bond business and implements tactical asset allocation decisions across balanced and overlay accounts. An employee since 1998, Gareth previously supervised the Cash Management Team for equity, balanced and emerging market portfolios. Gareth obtained a BA in History and Politics from University College Wales.
James Elliot21/12/2012James Elliot, is the Chief Investment Officer (“CIO”) of the International business of the Multi-Asset Solutions Group, based in London. James is responsible for investment oversight of all mandates managed by the Multi-Asset Solutions Group in London and Hong Kong, in addition to contributing to the team’s views on broad macroeconomic themes that are reflected across all portfolios managed globally by the Multi-Asset Solutions Group. James is also responsible for managing macro-thematic portfolios. James joined J.P. Morgan in 1995. Prior to his current role, James was CIO for the JPMAM Japanese Equity Portfolio Group based in Tokyo and, previously, was co-head of the JPMAM European Equity Group based in London. James left J.P. Morgan for a period of time and worked at RAB Capital plc, where he served as the Director of Europe Equities and manager of the RAB Europe Long/Short Fund. He obtained a B.A. in Modern History from the University of Oxford and is a CFA charterholder.
Talib Sheikh21/12/2012Talib is a portfolio manager for the Multi-Asset Solutions Group, based in London. He is primarily responsible for managing total return portfolios and is a member of the Global Strategy Team which establishes broad macroeconomic themes that are reflected across all portfolios managed globally by the team. Talib has managed balanced and tactical asset allocation overlay accounts since 2002. An employee since 1998, he was previously an Assistant Portfolio Manager in the derivatives implementation team in London. He 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, Belgium, Bahrain, Switzerland, Curacao, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Hungary, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Poland, Portugal, Sweden, Taiwan - Province Of China
JPM Global Macro Balanced A Acc EUR
Initial charge5%
Annual charge1.25%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price1160.65
Offer price1224.8
Mid price-
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJA71
JPM Global Macro Balanced A Acc NAV EUR
Initial charge5%
Annual charge1.25%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price1166.48
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJC84
JPM Global Macro Balanced A Acc NAV USD
Initial charge5%
Annual charge1.25%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price124.56
CurrencyUSD
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK425
JPM Global Macro Balanced A Acc USD
Initial charge5%
Annual charge1.25%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price123.94
Offer price130.79
Mid price-
CurrencyUSD
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK426
JPM Global Macro Balanced A Dis EUR
Initial charge5%
Annual charge1.25%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price94.96
Offer price100.21
Mid price-
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK714
JPM Global Macro Balanced A Dis NAV EUR
Initial charge5%
Annual charge1.25%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price95.44
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK713
JPM Global Macro Balanced A Inc EUR
Initial charge5%
Annual charge1.25%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price95.26
Offer price100.53
Mid price-
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK716
JPM Global Macro Balanced A Inc NAV EUR
Initial charge5%
Annual charge1.25%
Min single investment£35,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price95.74
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK715
JPM Global Macro Balanced C Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price1105.11
Offer price1105.11
Mid price-
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJA73
JPM Global Macro Balanced C Acc NAV EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price1105.11
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJC86
JPM Global Macro Balanced C Dis EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price109.68
Offer price109.68
Mid price-
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFB9Z
JPM Global Macro Balanced C Dis NAV EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price109.68
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFBAA
JPM Global Macro Balanced D Acc EUR
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price127.75
Offer price134.81
Mid price-
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJK94
JPM Global Macro Balanced D Acc NAV EUR
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price128.39
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJK95
JPM Global Macro Balanced D Hedged Acc NAV SEK
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price1042.48
CurrencySEK
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDRQ4
JPM Global Macro Balanced D Hedged Acc SEK
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price1037.27
Offer price1094.6
Mid price-
CurrencySEK
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDRQ3
JPM Global Macro Balanced I Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.71%
Bid price99.96
Offer price99.96
Mid price-
CurrencyEUR
Price updated19/08/2013
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDRQ5
JPM Global Macro Balanced I Acc NAV EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price99.96
CurrencyEUR
Price updated19/08/2013
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDRQ6
JPM Global Macro Balanced I Inc EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.71%
Bid price92.67
Offer price92.67
Mid price-
CurrencyEUR
Price updated07/11/2013
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeV394
JPM Global Macro Balanced I Inc NAV EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price92.67
CurrencyEUR
Price updated07/11/2013
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeV393
JPM Global Macro Balanced T Acc EUR
Initial charge3%
Annual charge1.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price109.85
Offer price109.85
Mid price-
CurrencyEUR
Price updated01/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03Z3
JPM Global Macro Balanced T Acc NAV EUR
Initial charge3%
Annual charge1.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price109.85
CurrencyEUR
Price updated01/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03Z4
JPM Global Macro Balanced X Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.1%
Bid price148.16
Offer price148.16
Mid price-
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJP57
JPM Global Macro Balanced X Acc NAV EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price148.16
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJU95
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.