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Jupiter Merlin Worldwide Portfolio

Ranked 131 out of 337 in - Global Equities over 12 months
All calculations are in GBP

Managed by

John Chatfeild-Roberts

In a career spanning more than 15-years, John Chatfeild-Roberts uses his understanding of global market trends to actively select funds that are likely to benefit from changing market conditions. Born in London in 1962, Chatfeild-Roberts graduated in Economics from Durham University before starting out in 1989 with Henderson Administration. He was appointed director in 1995, shortly afterwards he moved to Lazard Asset Management, where he was a director and head of the multimanager team. He joined Jupiter in 2001 and fronts the group's independent funds team, which is probably the most active in the sector. His role carries responsibility for a range of funds, including the Jupiter Global Opportunities fund and the Jupiter Merlin Multi-Manager fund range.

Algy Smith-Maxwell

Algy Smith-Maxwell works alongside Peter Lawery and head of team John Chatfeild-Roberts on Jupiter’s multi-manager funds. The trio share over 30 years of investment experience and apply this to the unit trusts they co-manage, aiming to invest in a selection of the best performing funds. Smith-Maxwell joined Henderson Global Investors in 1995 as assistant manager for the group’s multi-manager retail funds. He began working with Chatfeild-Roberts and Lawery at Lazard Asset Management in 1999, subsequently moving to Jupiter with them in 2001. Focusing on the belief that the manager is the greatest factor in how a fund will perform, a lot of the team’s time is spent interviewing managers face to face.


To achieve long-term capital growth by investing in unit trusts, OEICs and other regulated collective schemes across several management groups. The underlying funds invest in international equities and fixed interest stocks, commodities and property.


Global Equities over : 31/07/2014 - 31/07/2015

Total Return

Quarterly Performance

to 30/06/2015 Annual Q1 Q2 Q3 Q4
2015 8.6% -5.6%
2014 7.1% -2.5% 2.2% 1.4% 5.9%
2013 14.7% 14.1% -3.4% -0.1% 4.2%
2012 6.0% 6.5% -4.8% 4.1% 0.5%
2011 -8.8% -2.3% -1.0% -9.0% 3.6%
2010 21.8% 8.5% -4.2% 6.0% 10.6%
2009 19.9% -5.3% 5.0% 16.6% 3.4%
2008 -17.5% -10.3% 4.7% -11.3% -0.9%
2007 12.4% 4.2% 5.3% 1.7% 0.8%
2006 0.7% 6.8% -11.0% -0.7% 6.6%
2005 37.6% 5.0% 3.5% 14.5% 10.6%
2004 15.9% 4.7% -0.4% 1.6% 9.3%
2003 26.1% -2.2% 10.3% 8.8% 7.4%
2002 -19.4% 4.3% -8.6% -16.3% 1.0%
2001 -10.4% -8.5% 4.8% -19.0% 15.4%
2000 -4.4% 10.4% -3.8% 0.7% -10.5%
1999 43.5% 6.6% 7.4% -3.1% 29.3%
1998 9.5% 11.8% -0.8% -13.8% 14.4%
1997 4.6% 1.2% 7.7% 4.7% -8.3%
1996 -0.2% 6.1% 2.3% -1.5% -6.7%
1995 3.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Findlay Park American USD 24.87
Waverton European A GBP 14.20
M&G North American Value A Inc 13.45
PowerShares Dynamic Buyback Achievers Portfolio 9.59
Threadneedle European Select Inst Net Inc GBP 8.37
Aptus Global Financials A Inc GBP 4.97
Odey Allegra Developed Markets STI 4.78
Jupiter JGF Japan Select L GBP A Inc 4.42
CF Morant Wright Japan B Acc 4.33
First State Asia Pacific Leaders GBP B Acc 4.06

Registered For Sale In

  1. Spain
  2. United Kingdom

Fund Info

  • Launch date24/06/1993
  • Share Class size679Mn
  • Base currencyGBP
  • ISIN GB0003699831

Purchase Info

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


  • Annual management1.5%

Related News

Chatfeild-Roberts spooked by emerging market inflation threat

Citywire Selection manager John Chatfeild-Roberts has reduced his exposure to emerging markets across his Jupiter Merlin portfolios on fears of the growing inflation threat in the region.

Chatfeild-Roberts bets with the Fed and piles into Europe

Jupiter Merlin Growth's John Chatfeild-Roberts (pictured) has slashed the £1.7 billion fund's cash weighting and piled into European equities on the view that Federal Reserve chairman Ben Bernanke will do whatever it takes to raise the price of risk assets.

Under the spotlight: are low cost managers adding value?

How have the new, low cost investment houses fared?

Chatfeild-Roberts: a tragic story with many more chapters

Jupiter chief investment officer John Chatfeild-Roberts fears there are many more twists to come in the ‘tragic’ European story, which could culminate in an 'elegant' German exit.   

Jupiter’s John Chatfeild-Roberts: How right have his calls been?

Jupiter chief investment officer John Chatfeild-Roberts’ Merlin fund of funds team is widely acknowledged as one of the best and most consistent multi-manager teams in the business.

Jupiter Merlin: four triggers that would scream sell gold

Jupiter Merlin's fund of funds team are maintaining a high exposure to gold as they see no reason to sell out of the precious metal just yet.

Citywire Wealth Manager Performance Awards 2010: Aggressive portfolio winner

Announcing the winner of the award for the aggressive investment portfolio.

Jupiter's Chatfeild Roberts: buy gold now to hedge out inflation and currency risk

Jupiter Merlin’s fund of funds head does not see a gold bubble forming over the mid term and believes the asset class offers great insurance against inflation and currency risks

Chatfeild-Roberts says some fund managers have a lot to answer for

Investors in open-ended funds holding illiquid assets, such as property and private equity, were let down by the failure to warn them of the risks involved says Jupiter's head of fund of funds.

Fund Manager of the Day - AA Rated Peter Lawery

Peter Lawery’s investment management experience spans some 16 years, from when he joined Hill Samuel in 1990.


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