Fact sheet: JPM Flx Crd

Fund information

Fund name
JPM Flexible Credit A Acc NAV USD
Fund company manager
JPMorgan Asset Mgmt (Europe) S
Fund type
SIB
Fund manager
Andreas Michalitsianos
since 31/03/2014
Fund objective
To achieve a return in excess of global corporate bond markets by investing primarily in global corporate debt securities. These securities will be either investment grade, or a combination of investment grade and below investment grade, with active asset allocation between these security types. Financial derivative instruments will be used where appropriate.
Benchmark
Bloomberg Barclays Multiverse Corporate Index (Total Return Gross) Hedged to EUR
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

5.39 %

1 Year rank in sector

2/22

Sector

FO Fixed Int - USD Corporate Bond

Yield
-
Fund size

£ 361.2 m

FE Risk score

84

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    55.42%
  • UK
    6.49%
  • Money Market
    5.9%
  • France
    3.76%
  • Luxembourg
    3.2%
  • Financials
    22.6%
  • Communications
    16.3%
  • Cyclical Consumer Goods
    11.2%
  • Non-Cyclical Consumer Goods
    10%
  • Energy
    8.1%
  • US Fixed Interest
    55.42%
  • UK Fixed Interest
    6.49%
  • Money Market
    5.9%
  • French Fixed Interest
    3.76%
  • Luxembourg Fixed Interest
    3.2%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.86 %3.46 %5.25 %10.11 %22.88 %
Sector0.14 %3.56 %3.43 %10.34 %17.37 %
Rank within sector2 / 3224 / 302 / 2212 / 184 / 12
Quartile th1 st4 th1 st3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund4.17 %6.47 %-1.36 %5.61 %2.41 %
Sector3.92 %7.49 %-1.22 %5.37 %-1.46 %
Rank within sector20 / 308 / 1913 / 1812 / 172 / 15
Quartile th3 rd2 nd3 rd3 rd1 st

Risk statistics

Alpha0.04
Beta0.94
Sharpe-0
Volatility3.51
Tracking error1.5
Information ratio-0.11
R-Squared0.82

Price movement

52 week high15.31
52 week low14.39
Current bid price0
Current offer price0
Current mid price15.25

Holdings by region

  • 55.42% USA
  • 6.49% UK
  • 5.9% Money Market
  • 3.76% France
  • 3.2% Luxembourg
  • 2.82% Germany
  • 2.73% Netherlands
  • 2.54% Italy
  • 2.45% Spain
  • 2.35% Canada

Holdings by sector

  • 22.6% Financials
  • 16.3% Communications
  • 11.2% Cyclical Consumer Goods
  • 10% Non-Cyclical Consumer Goods
  • 8.1% Energy
  • 6% Basic Industries
  • 6% Capital Goods
  • 5.9% Money Market
  • 4.7% Technology
  • 3.9% Utilities

Holdings by asset type

  • 55.42% US Fixed Interest
  • 6.49% UK Fixed Interest
  • 5.9% Money Market
  • 3.76% French Fixed Interest
  • 3.2% Luxembourg Fixed Interest
  • 2.82% German Fixed Interest
  • 2.73% Dutch Fixed Interest
  • 2.54% Italian Fixed Interest
  • 2.45% Spanish Fixed Interest
  • 2.35% Canadian Fixed Interest

Individual holdings

  • 0.5% BANK OF AMERICA 6.25% 29/12/99
  • 0.5% SES 4.63% 29/12/49
  • 0.5% TESCO 6.125% NTS 24/02/22 GBP50000
  • 0.4% CREDIT SUISSE 7.50% 29/12/99
  • 0.4% FORD MOTOR CREDIT CO LLC 4.25% BDS 20/09/22 USD1000
  • 0.4% GOLDMAN SACHS 5.38% 29/12/99
  • 0.4% LIBERTY GLOBAL 4.00% 15/01/25
  • 0.4% MORGAN STANLEY 5.45% 29/12/99
  • 0.4% TELEFONICA 5.88% 29/12/99
  • 0.4% WELLS FARGO 5.90% 29/12/99