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
  • Matthew Pallaisince 01/06/2014
  • Andrew Norellisince 01/06/2014
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
4.4%
1 Year rank in sector
43/77
Sector
UT Sterling Strategic Bond
Yield
7%
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
£15m (£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.
24
Mid price
103.6
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc10.5%
Fidelity I Stg Cr + Bd10.4%
Fidelity UK Inv Grd Lg Cr9.4%
Legg Mason IFBrwiGlInOp8.6%
Fidelity Pre-Retirmnt Bd8.5%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • North America83.3%
    Latin America11.7%
    Europe7.1%
    Asia0.7%
    Others0.1%
  • High Yield Bond39%
    Asset/Mortgage-Backed Securities37.8%
    Investment Grade Corporate Bonds13%
    Government Bonds6.9%
    Cash & Cash Equivalents3.9%
  • North American Fixed Interest83.3%
    American Emerging Fixed Interest11.7%
    European Fixed Interest7.1%
    Asia Pacific Fixed Interest0.7%
    Global Fixed Interest0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-1.5%2.6%4.4%--
Sector-1.2%-3.2%2.7%4.7%12.4%32.6%
Rank within sector43 / 8325 / 8240 / 8243 / 77--
Quartile3rd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.9%-2.7%---
Sector5.7%-0.3%6.8%2.6%12.6%
Rank within sector38 / 7770 / 74---
Quartile2nd4th
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 high105.8
52 week low95.55
Current bid price-
Current offer price-
Current mid price103.6
Region
1North America83.3%
2Latin America11.7%
3Europe7.1%
4Asia0.7%
5Others0.1%
6Currency-2.9%
Industry sector
1High Yield Bond39%
2Asset/Mortgage-Backed Securities37.8%
3Investment Grade Corporate Bonds13%
4Government Bonds6.9%
5Cash & Cash Equivalents3.9%
6Local Government Bonds1.7%
7Debt0.4%
8Corporate Bonds0.2%
9Currency-2.9%
Asset type
1North American Fixed Interest83.3%
2American Emerging Fixed Interest11.7%
3European Fixed Interest7.1%
4Asia Pacific Fixed Interest0.7%
5Global Fixed Interest0.1%
6Money Market-2.9%
Individual holdings
No data available.
Management
Fund manager group
JP Morgan
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
Matthew Pallai01/06/2014Matthew Pallai, executive director, has been a portfolio manager working in the U.S. Macro investment team since 2011 where he is responsible for managing global unconstrained bond strategies, focusing on international developed markets, securitized products, and macroeconomic strategy. Prior to 2011, he held positions on both the Agency and Non-Agency Mortgage Team, where, as a portfolio manager, he was responsible for analyzing, selecting and trading residential mortgage-backed securities. Matthew holds a B.A. in mathematics from Boston College and an M.A. in economics from New York University.
Andrew Norelli01/06/2014J. 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.
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 price51.14
CurrencyGBX
Price updated01/12/2016
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 price44.87
CurrencyGBX
Price updated01/12/2016
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 price90.53
CurrencyGBX
Price updated01/12/2016
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 price103.6
CurrencyGBX
Price updated01/12/2016
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 price90.87
CurrencyGBX
Price updated01/12/2016
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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