Fact sheet: JPM Income

Fund information
Fund name
JPM Income C Acc
Fund manager company
JP Morgan Asset Management UK
Fund type
OEIC
Fund managers
  • Andrew Norellisince 02/06/2014
  • Drew Headleysince 30/03/2017
Fund objective
The Fund seeks to provide income with a secondary objective of capital growth.
Benchmark
  • Bloomberg Barclays US Aggregate Index Hedged to GBP
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.6%
1 Year rank in sector
70/83
Sector
UT Sterling Strategic Bond
Yield
6.4%
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.
0.68%
Fund size
£14m (£15m 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.
25
Mid price
105.2117
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc16%
Fidelity UK Inv Grd Lg Cr15%
Fidelity I Stg Cr + Bd13.7%
Artemis High Income13%
AXA Framlington Mgd Inc12.9%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • North America83.2%
    Latin America8%
    Europe5.9%
    Currency1.7%
    Asia1.2%
  • Asset/Mortgage-Backed Securities42.2%
    High Yield Bond35.5%
    Government Bonds7%
    Local Government Bonds4.7%
    Investment Grade Corporate Bonds3.9%
  • North American Fixed Interest83.2%
    American Emerging Fixed Interest8%
    European Fixed Interest5.9%
    Money Market1.7%
    Asia Pacific Fixed Interest1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%-0.1%1.9%4.6%--
Sector0.8%2.1%4.6%8%13.8%31.2%
Rank within sector84 / 8482 / 8480 / 8470 / 83--
Quartile4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.2%6.3%-2.7%--
Sector3.1%7.3%-0.3%6.8%2.6%
Rank within sector82 / 8447 / 7870 / 74--
Quartile4th3rd4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high106.2
52 week low100.5
Current bid price-
Current offer price-
Current mid price105.21
Region
1North America83.2%
2Latin America8%
3Europe5.9%
4Currency1.7%
5Asia1.2%
Industry sector
1Asset/Mortgage-Backed Securities42.2%
2High Yield Bond35.5%
3Government Bonds7%
4Local Government Bonds4.7%
5Investment Grade Corporate Bonds3.9%
6Corporate Bonds3.7%
7Currency1.7%
8Cash & Cash Equivalents1.3%
Asset type
1North American Fixed Interest83.2%
2American Emerging Fixed Interest8%
3European Fixed Interest5.9%
4Money Market1.7%
5Asia Pacific Fixed Interest1.2%
Individual holdings
No data available.
Management
Fund manager group
J.P. Morgan Asset Management
Fund manager company
JP Morgan Asset Management UK
Fund type
OEIC
Fund objective
The Fund seeks to provide income with a secondary objective of capital growth.
Benchmark
  • Bloomberg Barclays US Aggregate Index Hedged to GBP
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Andrew Norelli02/06/2014J. Andrew Norelli, managing director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Columbus, he is a portfolio manager and a member of the Asset Allocation Committee for JPMorgan's Investor Funds. Andrew focuses on multi-asset-class portfolios, asset allocation, macroeconomic strategy, and global market dynamics. Additionally, Andrew's specialist knowledge of emerging markets and distressed credit resolution are integral to the assessment of global investment opportunities and proactive risk mitigation. Prior to joining the firm in 2012, Andrew was at Morgan Stanley for eleven years where he most recently served as co-head of the firm's emerging markets credit trading desk. Andrew holds an A.B. in economics from Princeton University.
Drew Headley30/03/2017
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong, Jersey
JPM Income A Acc
Initial charge3%
Annual charge1%
Min single investment£3,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price51.8307
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKFKV
JPM Income A Inc
Initial charge3%
Annual charge1%
Min single investment£3,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price44.4232
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKFKW
JPM Income B Acc
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKFKX
JPM Income B Inc
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price89.7894
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKFKY
JPM Income C Acc
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISAYes
Ongoing charge (OCF)0.68%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price105.2117
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKFKZ
JPM Income C Inc
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISAYes
Ongoing charge (OCF)0.68%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price90.2054
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKFLA
JPM Income S Acc
Initial charge-
Annual charge0.25%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMTEB
JPM Income S Inc
Initial charge-
Annual charge0.25%
Min single investment£10,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMTEC
Data provided by

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