Morningstar
RecommendedGuide to Asset Flows Open Window IconGuide to Indexes for Fund Management Open Window IconInvestment Analysis Platform for Fund Managers Fund Insights

JPM Unconstrained Bond Fund A - Gross Accumulation

Register to Unlock Ratings
Performance History30/04/2022
Growth of 1,000 (GBP) Advanced Graph
JPM Unconstrained Bond Fund A - Gross Accumulation
Fund-3.64.65.50.1-3.0
+/-Cat-0.8-3.50.30.12.8
+/-B’mrk-3.7-1.90.51.64.7
 
Category: Global Flexible Bond - GBP Hedged
Category Benchmark: Bloomberg Global Aggregate ...
Key Stats
NAV
20/05/2022		 GBP 0.74
Day Change 0.19%
Morningstar Category™ Global Flexible Bond - GBP Hedged
IA (formerly IMA) Sector Targeted Absolute Return
ISIN GB00B3RJ9B43
Fund Size (Mil)
20/05/2022		 GBP 468.22
Share Class Size (Mil)
20/05/2022		 GBP 2.30
Max Initial Charge -
Ongoing Charge
04/06/2021		  1.15%
Investment Objective: JPM Unconstrained Bond Fund A - Gross Accumulation
The Fund aims to provide a positive return, before fees, which is higher than that of the Fund's Benchmark (ICE BofA SONIA Overnight Rate Index ) over a rolling 3 year period in all market conditions. A positive return is not guaranteed over this or any time period and capital loss may occur. At least 80% of assets invested, either directly or through derivatives, in debt securities of governments and their agencies, corporations, MBS/ABS (including covered bonds) and currencies. Issuers may be located anywhere in the world, including emerging markets, and may be rated investment grade, below-investment grade or unrated. The Fund may invest up to 20% in debt securities issued by supranational organisations. The Fund may also invest up to 10% in convertible bonds and 10% in contingent convertible bonds.
Returns
Trailing Returns (GBP)20/05/2022
YTD-4.39
3 Years Annualised0.83
5 Years Annualised0.65
10 Years Annualised1.45
12 Month Yield 2.41
Management
Manager Name
Start Date
Robert Michele
06/05/2009
Iain Stealey
06/05/2009
Click here to see others
Inception Date
06/05/2009
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofA SONIA Overnight Rate TR GBPBloomberg Global Aggregate TR Hdg GBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  JPM Unconstrained Bond Fund A - Gross Accumulation30/04/2022
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.060.000.06
Bond88.530.0288.51
Property0.000.000.00
Cash8.737.391.34
Other10.080.0010.08

Related

Special Report
3 Anti-Income Investments
In a topsy turvy investment world, it might be helpful to ditch the growth vs income mindset and explore less traditional options
Gold bars lined up
James Gard
Education
What is a Meme Stock?
Hard to define, but investors should know it when they see it
Guy in sunglasses at a slot machine
Ruth Saldanha
Investment Trust Research & Insights
Best and Worst Investment Trusts of 2020
We look at the best and worst performing investment trusts with a Morningstar Analyst Rating after an unprecedented year
New gold trophy trophies thumbnail
Holly Black
Fund Research & Insights
The Problem With Buy and Hold
Funds that buy stocks and hold them forever, like Fundsmith or Lindsell Train, should focus more on valuation, according to Artemis's Simon Edelsten
Sellholdbuy
David Brenchley
Equity Research & Insights
FAANG Alternatives Attract Fund Managers
Both value and income investors are increasingly seeing the technology sector as a lucrative area to invest in. Fund managers give us their top picks ...
Microsoft logo Web
David Brenchley
Equity Research & Insights
Evenlode: 3 Global Stock Picks
Evenlode's Global Income fund managers talk through two companies they have bought in the past six months and a longer-term holding they are backing
Globe 4
David Brenchley
Fund Research & Insights
5 Top UK Funds Exposed to Troubled Retailers
UK retailers are struggling in a tough environment; the threat of e-commerce and disrputive competitors is hurting sales. But these 5 top managers are...
Food shopping
David Brenchley
Fund Research & Insights
5 Best and Worst-Performing Rated Funds in 2018
Fund managers had a tough year in 2018, with 91% of top-rated investors failing to make money. We highlight some of the bright spots, as well as those...
Stock market charts 1863880 78 sm
David Brenchley
Fund Research & Insights
JP Morgan Bond CIO Nick Gartside Exits
JPM Chief Investment Officer, Global Fixed Income, Nicholas Gartside is leaving the firm to pursue other opportunities it has been confirmed
Quit leaves depart
Emma Wall
Equity Research & Insights
Woodford and Barnett Hit as Tobacco Stocks Slump
British American Tobacco and Imperial Brands' share prices fell on Monday morning after weekend reports the US Food and Drug Administration is conside...
Cigarettes generic
David Brenchley
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
© Copyright 2022 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings

The Morningstar Star Rating for Stocks is assigned based on an analyst's estimate of a stocks fair value. It is projection/opinion and not a statement of fact. Morningstar assigns star ratings based on an analyst’s estimate of a stock's fair value. Four components drive the Star Rating: (1) our assessment of the firm’s economic moat, (2) our estimate of the stock’s fair value, (3) our uncertainty around that fair value estimate and (4) the current market price. This process culminates in a single-point star rating that is updated daily. A 5-star represents a belief that the stock is a good value at its current price; a 1-star stock isn't. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Morningstar Star Rating for Stocks, please visit here

Quantitative Fair Value Estimate represents Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today. The Quantitative Fair Value Estimate is based on a statistical model derived from the Fair Value Estimate Morningstar’s equity analysts assign to companies which includes a financial forecast of the company. The Quantitative Fair Value Estimate is calculated daily. It is a projection/opinion and not a statement of fact. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Quantiative Fair Value Estimate, please visit here

Select Your Site Edition To make sure the site is relevant to you, we need to know if you’re an individual investor or a financial professional.