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JPM Global Macro Balanced Fund A Net Acc

Ranked 118 out of 121 in - Conservative GBP over 12 months
All calculations are in GBP unless stated

Managed by

James Elliot

North Yorkshireman James Elliot has been a fund manager at JP Morgan Asset Management for over 10 years and runs more than £1 billion in assets for the group. Elliot, who was born in 1970, adopts an inclusive value and growth approach to stockpicking and would like to emulate the success of the investor he admires most, contrarian maestro David Dreman. He graduated in Modern History from Oxford University.

Talib Sheikh

Talib Sheikh is a portfolio manager in the Multi-Asset Solutions team at J.P Morgan Asset Management, based in London. Talib is responsible for managing total return portfolios, balanced and income portfolios and has managed balanced and tactical asset allocation overlay accounts since 2002. An employee since 1998, Talib was previously a portfolio manager in the derivatives implementation team in London. Talib earned a bachelors of science in agriculture and a masters of science in international marketing from the University of Newcastle and is a CFA charterholder.

Gareth Witcomb

Gareth Witcomb is an executive director and portfolio manager in the Multi-Asset Solutions team at JP Morgan Asset Management based in London. He manages global balanced portfolios and total return portfolios where he specialises in providing fixed income insight. Gareth joined the firm in 1998, supervising the Cash Management team before joining the Multi-Asset Solutions team in 2005. He graduated from the University College Wales with a BA in History and Politics.

Objective

The Fund aims to provide income and long-term capital growth by investing in a global portfolio of assets. The Fund will primarily invest in Debt Securities (which may include Below-Investment Grade Bonds and Unrated Securities), Convertible Bonds, Equity securities (which may include smaller companies) and short-term securities. Issuers of securities may be located in any country, including Emerging Markets and the Fund may invest in assets denominated in any currency - The Fund will have a bias towards Bonds.

Showing fund performance in United Kingdom View performance globally

Performance

Conservative GBP over : 31/08/2016 - 31/08/2017

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 0.3% 2.8%
2016 -1.1% 1.4% 2.4% -0.5% -4.2%
2015 3.5% 5.4% -2.9% -0.4% 1.5%
2014 7.7% 0.6% 1.3% 2.5% 3.2%
2013 10.4% 4.3% 2.3% -0.3% 3.8%
2012 -5.8% -1.2% -4.0% -0.6% -0.2%
2011 -4.8% -1.3% -1.8% 2.5% -4.2%
2010 3.5% 1.9% -3.0% 3.3% 1.5%
2009 6.3% -2.0% 2.7% 4.1% 1.5%
2008 -3.0% 0.3% -1.1% -3.7% 1.6%
2007 7.9% 1.0% 0.6% 2.8% 3.3%
2006 4.4% 1.6% -0.7% 1.1% 2.4%
2005 2.9%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/04/2017

Top 10 Holdings

Stock Size
US Treasury 0.750% 15-Feb-2019 10.08
Canada 1.750% 01-Mar-2019 9.88
Spain 4.400% 31-Oct-2023 6.92
United Kingdom 1.500% 22-Jul-2026 5.83
US Treasury 3.750% 15-Aug-2041 5.13
France 4.750% 25-Apr-2035 4.17
United Kingdom 1.750% 22-Jul-2019 4.04
GBP Forward Contract 3.05
US Treasury 2.125% 15-May-2025 2.29
Micron Technology Inc ORD 2.07
30/04/2017

Registered For Sale In

  1. Jersey
  2. United Kingdom

Fund Info

  • Launch date01/07/2005
  • Share Class size76Mn
  • Base currencyGBP
  • ISIN GB00B09RGK38

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment100

Charges

  • Annual management1.25%
  • Initial investment3

Related News

Standard Life Investments rejigs fees on global fund duo

Enhanced-Diversification Growth's annual management charge jumped 8 basis points to 1% while Global Equity Income rose 5bps to 1%.

JPMAM cuts fee on Talib Sheikh's rebranded fund

The JPM Cautious Managed fund is being renamed the JPM Global Macro Balanced fund.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).