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JPM Unconstrained Bond A Gross Acc

Ranked 2 out of 3 in - Sterling Strategic Bond over 12 months
All calculations are in GBP unless stated

Managed by

Nick Gartside

Nick Gartside, managing director, is the international chief investment officer of the Global Fixed Income, Currency & Commodities group at JP Morgan Asset Management where he is also co-manager for multi-sector fixed income products and serves on the Currency Investment Policy Committee. Prior to joining the firm in 2010, Nick was at Schroder Investment Management, initially as a Euro government bond portfolio manager and later as head of global fixed income. He graduated from Durham University with a BA in History and Politics and Cambridge University with an MPhil in International Relations. Nick is a CFA charterholder and holds the Investment Management Certificate from the UK Society of Investment Professionals.

Bob Michele

Bob Michele is the Chief Investment Officer and Head of the Global Fixed Income, Currency & Commodities group at JP Morgan Asset Management. He graduated from the University of Pennsylvania in 1981 with a degree in classical languages and embarked on his professional career as a portfolio analyst with Bankers Trust. In 1985 he began an eight-year stint with Brown Brothers Harriman, the oldest partnership bank in America, as a deputy fund manager. Michele took on the role of head of US fixed income when he joined Credit Suisse First Boston Investment Management in 1993 and became managing director of BlackRock two years later. He then joined Schroders, where he headed up the fixed income team before moving to JP Morgan in 2008. Michele is a CFA Charterholder and away from the office, he enjoys golf and reading.

Iain Stealey

Born in 1979 in Taplow, on the banks of the River Thames, Iain studied Management Sciences at Loughborough University. He joined JP Morgan in 2002, where he currently co-manages a range of bond funds. Iain holds both IMC and CFA designations and, in his time away from fund management, he enjoys golf, rugby, football and skiing.

Objective

To maximise returns by investing primarily in a global portfolio of fixed and floating rate debt securities. The Fund may invest in developed and emerging market countries and hold investment grade, non-investment grade and unrated bonds. The Fund may have a concentrated portfolio and may have a significant exposure to any one country, sector or issuer, which may include emerging markets and non-investment grade or unrated bonds, at any time.

Showing fund performance in Jersey View performance globally

Performance

Sterling Strategic Bond over : 30/09/2017 - 30/09/2018
  • Rank 2/3 Total Return
  • Rank 1/3 Standard Deviation
  • Rank 2/3 Max Drawdown

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -0.6% -1.0% 1.2%
2017 2.3% 1.0% 0.1% 0.8% 0.3%
2016 4.2% 0.5% 1.9% 2.0% -0.3%
2015 -0.7% 1.1% -0.9% -1.3% 0.3%
2014 1.0% 0.9% 0.8% -1.1% 0.5%
2013 1.5% 0.1% -1.8% 0.7% 2.5%
2012 6.4% 3.2% -0.5% 2.1% 1.5%
2011 2.0% 1.2% -0.1% -1.3% 2.2%
2010 7.5% 3.3% -1.3% 2.9% 2.5%
2009 6.9% 3.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2018

Top 10 Holdings

Stock Size
Japan 0.100% 15-Dec-2018 3.19%
US Treasury 1.000% 15-Feb-2048 2.77%
GBP Cash 1.93%
Japan 0.100% 10-Mar-2026 1.88%
Federal National Mortgage Association 01-Sep-2032 890789 1.28%
Federal National Mortgage Association 01-Feb-2033 BM3921 1.27%
FEDERAL HOME LOAN MORTGAGE CORPORATION 15-May-2043 4661C 0.95%
FEDERAL HOME LOAN MORTGAGE CORPORATION 15-Mar-2045 4741B 0.90%
USD Forward Contract 0.72%
Federal Home Loan Mortgage Corp 01-Aug-2032 G16507 0.72%
30/06/2018

Registered For Sale In

  1. Jersey
  2. United Kingdom

Fund Info

  • Launch date06/05/2009
  • Share Class size08Mn
  • Base currencyGBP
  • ISIN GB00B3RJ9B43

Purchase Info

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

Charges

  • Annual management1.00%
  • Initial investment0.00%

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