Fact sheet: Jupiter Corporate Bond

Fund information
Fund name
Jupiter Corporate Bond I Acc
Fund manager company
Jupiter Unit Trust Mgrs Ltd
Fund type
Unit Trust
Fund managers
  • Rhys Petheramsince 30/09/2012
Fund objective
The objective of the Fund is to achieve high income and the opportunity for capital growth. The Fund's investment policy is to invest primarily in fixed interest securities, as well as convertibles and preference shares with potential for international exposure.
Benchmark
  • iBoxx Sterling Corporate All Maturities
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.2%
1 Year rank in sector
59/91
Sector
UT Sterling Corporate Bond
Yield
2.6%
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.
0.67%
Fund size
£152m (£157m 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.
23
Bid price
62.19
Offer price
62.44
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond13.5%
F&C Instl Lg Dtd Corp Bd12.5%
Henderson Inst Long Dat Cr12.4%
Newton Long Corporate Bond12.4%
Insight UK Corp Lg Mat Bd11.5%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-2.9%1.5%6.2%17.4%33.2%
Sector-1.3%-4.6%2.5%6.7%17.5%35%
Rank within sector27 / 9719 / 9478 / 9459 / 9152 / 8756 / 71
Quartile2nd1st4th3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund6.3%0.7%9.6%0.6%10.9%
Sector7.3%-0.3%10.1%0.2%12.1%
Rank within sector66 / 9214 / 9055 / 8742 / 7856 / 71
Quartile3rd1st3rd3rd4th
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.
1.91
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.
0.64
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.
0.52
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%.
3.59
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.
2.17
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.
0.04
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.
0.9
Price movement
52 week high64.22
52 week low58.53
Current bid price62.19
Current offer price62.44
Current mid price-
Region
No data available.
Industry sector
1BBB44.97%
2AA19.18%
3AAA18.3%
4A11.86%
5BB2.65%
6Money Market1.5%
7Non-Rated0.78%
8B0.75%
Asset type
1Global Fixed Interest98.06%
2Money Market1.94%
Individual holdings
1REED ELSEVIER CAPITAL INC 3.125% BDS 15/10/22 USD1000 144A2.6%
2GO-AHEAD GROUP 5.375% BDS 29/09/17 GBP10002.55%
3AA BOND CO LTD(JE) 3.781% MTN 31/07/19 GBP1000002.47%
4NORTHERN GAS NETWORKS FINANCE 5.875% GTD BDS 08/07/19 GBP500002.41%
5VERIZON COMMUNICATIONS INC 3% BDS 01/11/21 USD10002.4%
6COMPASS GROUP 3.85% NTS 26/06/26 GBP1000002.35%
7BANK OF NOVA SCOTIA 30/09/212.3%
8AMLIN 6.5% FR SUB NTS 19/12/26 GBP500002.2%
9NORDIC INVESTMENT BANK 5% BDS 19/04/22 AUD10002.17%
Management
Fund manager group
Jupiter
Fund manager company
Jupiter Unit Trust Mgrs Ltd
Fund type
Unit Trust
Fund objective
The objective of the Fund is to achieve high income and the opportunity for capital growth. The Fund's investment policy is to invest primarily in fixed interest securities, as well as convertibles and preference shares with potential for international exposure.
Benchmark
  • iBoxx Sterling Corporate All Maturities
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Rhys Petheram30/09/2012Rhys joined Jupiter in 2006 and is currently a fund manager in the Fixed Interest& Multi-Asset team. He manages the Jupiter Corporate Bond Fund, as well as co-managing (with Alastair Gunn) the Jupiter Distribution Fund, the Jupiter Distribution and Growth Fund and the Jupiter Enhanced Distribution Fund. He also co-manages the Jupiter Global Ecology Diversified fund (SICAV). Before joining Jupiter, Rhys was an analyst at Towers Perrin Australia and a credit analyst for utilities at Moody's Investor Services. Rhys has a degree in Commerce (Finance) and a Diploma in Modern Languages (Indonesian), both from the University of Melbourne, and is also a CFA charterholder.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Jupiter Corporate Bond I Acc
Initial charge5.25%
Annual charge0.4%
Min single investment£5,000,000
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.44%
Bid price62.19
Offer price62.44
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFER7
Jupiter Corporate Bond I Inc
Initial charge5.25%
Annual charge0.4%
Min single investment£5,000,000
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.68%
Bid price56.47
Offer price56.74
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0VNF
Jupiter Corporate Bond Inc
Initial charge4%
Annual charge1%
Min single investment£500
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.28%
Bid price56.39
Offer price58.95
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJU14
Data provided by

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