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(s)
Lisa Coleman
since 20/01/2010
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

5.6 %

1 Year rank in sector

1/26

Sector

FO Fixed Int - USD Corporate Bond

Yield
-
Fund size

£ 433.2 m

FE Risk score

89

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    53.52%
  • UK
    6.36%
  • Money Market
    5.1%
  • France
    4.27%
  • Italy
    3.51%
  • Financials
    24.4%
  • Communications
    16.7%
  • Non-Cyclical Consumer Goods
    11.3%
  • Cyclical Consumer Goods
    10.2%
  • Capital Goods
    6.9%
  • US Fixed Interest
    53.52%
  • UK Fixed Interest
    6.36%
  • Money Market
    5.1%
  • French Fixed Interest
    4.27%
  • Italian Fixed Interest
    3.51%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.72 %3.62 %5.6 %12.27 %21.07 %
Sector0.47 %2.42 %3.23 %10.55 %15.72 %
Rank within sector5 / 333 / 321 / 267 / 195 / 15
Quartile th1 st1 st1 st2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund5.6 %6.47 %-1.36 %5.61 %2.41 %
Sector4.71 %7.49 %-1.22 %5.37 %-1.46 %
Rank within sector13 / 318 / 2014 / 1912 / 183 / 16
Quartile th2 nd2 nd3 rd3 rd1 st

Risk statistics

Alpha0.62
Beta0.89
Sharpe0.09
Volatility3.3
Tracking error1.58
Information ratio0.14
R-Squared0.78

Price movement

52 week high15.45
52 week low14.39
Current bid price0
Current offer price0
Current mid price15.46

Holdings by region

  • 53.52% USA
  • 6.36% UK
  • 5.1% Money Market
  • 4.27% France
  • 3.51% Italy
  • 2.94% Luxembourg
  • 2.85% Spain
  • 2.66% Germany
  • 2.56% Netherlands
  • 2.09% Canada

Holdings by sector

  • 24.4% Financials
  • 16.7% Communications
  • 11.3% Non-Cyclical Consumer Goods
  • 10.2% Cyclical Consumer Goods
  • 6.9% Capital Goods
  • 6% Energy
  • 5.3% Basic Industries
  • 5.1% Money Market
  • 4.6% Technology
  • 4.1% Utilities

Holdings by asset type

  • 53.52% US Fixed Interest
  • 6.36% UK Fixed Interest
  • 5.1% Money Market
  • 4.27% French Fixed Interest
  • 3.51% Italian Fixed Interest
  • 2.94% Luxembourg Fixed Interest
  • 2.85% Spanish Fixed Interest
  • 2.66% German Fixed Interest
  • 2.56% Dutch Fixed Interest
  • 2.09% Canadian Fixed Interest

Individual holdings

  • 0.5% CEMEX S.A.B. DE C.V. 7.75% BDS 16/04/26 USD200000 144A
  • 0.4% BANK OF AMERICA 6.25% 29/12/99
  • 0.4% CITIGROUP 5.88% 29/12/99
  • 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% QUINTILES IMS 3.50% 15/10/24
  • 0.4% SES 4.63% 29/12/49
  • 0.4% TELEFONICA 5.88% 29/12/99
  • 0.4% TESCO 6.125% NTS 24/02/22 GBP50000
  • 0.4% UBS 5.75% 29/12/99