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Jupiter Absolute Return

Ranked 19 out of 85 in - Long/Short Equity over 12 months
All calculations are in GBP unless stated

Managed by

James Clunie

James Clunie has developed a strong reputation for managing absolute return strategies. Prior to joining Jupiter, he worked at Scottish Widows Investment Partnership as an Investment Director of equities, and managed a long/short equity fund and UK long-only funds. James was a senior lecturer in finance at the University of Edinburgh between 2003 and 2007, prior to which he worked as Head of Global Equities at Aberdeen Asset Management and Director and Head of Asset Allocation at Murray Johnstone International. James gained a degree and PhD from Edinburgh University and is a Chartered Financial Analyst.

Objective

The Fund seeks to generate absolute return, over a 3 year rolling period, independent of market conditions, by investing on a global basis. The Fund invests in a global portfolio of equities, equity related securities (including derivatives), cash, near cash, fixed interest securities, currency exchange transactions, index linked securities, money market instruments (MMIs) and deposits. At times the portfolio may be concentrated in any one or a combination of such assets and, as well as holding physical long positions the Manager may create synthetic long and short positions through derivatives.

Showing fund performance in United Kingdom View performance globally

Performance

Long/Short Equity over : 31/10/2015 - 31/10/2016
  • Rank 19/85 Total Return
  • Rank 49/85 Standard Deviation
  • Rank 11/85 Max Drawdown
Fund Name Currency Return
17 Threadneedle UK Extended Alpha INA GBX GBP

11.5%

18 Polar Capital UK Absolute Equity R GBP GBP

10.9%

19 Jupiter Absolute Return Acc GBP

10.9%

20 Liontrust GF European Strategic Equity (C3 - GBP) GBP

7.8%

21 Pensato Europa Absolute Return R GBP B

Currency exposure is hedged

Currency exposure is hedged

GBP

4.5%

Fund Name Currency Risk
47 JPM Europe Equity Absolute Alpha C (perf) DisGBP H

Currency exposure is hedged

Currency exposure is hedged

GBP

7.5

48 LM MC Japan Abs Alpha M (PF) GBP Dis (A) (H)

Currency exposure is hedged

Currency exposure is hedged

GBP

7.9

49 Jupiter Absolute Return Acc GBP

7.9

50 Melchior Selected Tr Eur Enh Abs Ret I2 GBP H Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

8.3

51 Schroder GAIA Egerton Equity A Dis GBP GBP

8.6

Total Return

Quarterly Performance

to 30/09/2016 Annual Q1 Q2 Q3 Q4
2016 4.1% 3.5% 1.6%
2015 5.3% 3.1% -0.7% 5.0% -2.0%
2014 -0.8% 0.0% 1.0% -1.0% -0.8%
2013 1.9% 1.2% -1.0% -0.3% 1.9%
2012 0.5% 0.3% 1.2% 0.2% -1.3%
2011 -0.2% -2.4% -2.3% 4.4% 0.4%
2010 1.5% 1.8% -0.8% -2.5% 3.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/09/2016

Top 10 Holdings

Stock Size
GBP Cash 56.01
Northern Trust Global - The Sterling D GBP Inc 9.78
GBP Forward Contract 8.13
United Kingdom 1.250% 22-Jul-2018 7.31
United Kingdom 5.000% 07-Mar-2018 7.30
United Kingdom 1.750% 22-Jan-2017 7.20
United Kingdom 1.000% 07-Sep-2017 6.87
ETFS Physical Gold 2.77
US Treasury 2.000% 15-Feb-2023 2.39
BP PLC ORD 2.30
30/09/2016

Registered For Sale In

  1. Spain
  2. United Kingdom

Fund Info

  • Launch date14/12/2009
  • Share Class size71Mn
  • Base currencyGBP
  • ISIN GB00B5129B32

Purchase Info

  • Min. initial investment50,000
  • Min. regular additional investment5,000

Charges

  • Annual management1.25%
  • Initial investment5.25

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