JPM Unconstrained Bond A Gross Acc

Ranked 53 out of 57 in - Sterling Strategic Bond over 36 months
All calculations are in GBP unless stated

Managed by

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. In the fund managers view, maximising returns means generating higher returns than those of the Funds Benchmark (ICE Overnight GBP LIBOR) which includes providing positive returns 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.

Showing fund performance in United Kingdom View performance globally

Performance

Sterling Strategic Bond over : 31/05/2016 - 31/05/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 2.6%
2018 -3.6% -0.6% -1.0% 1.2% -3.3%
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

28/02/2019

Top 10 Holdings

Stock Size
Australia, Commonwealth of (Government) 2.750% 21-Apr-2024 5.09%
US Treasury 1.000% 15-Feb-2046 2.23%
Cash and Cash Equivalents 2.11%
GBP Forward Contract 1.86%
Federal National Mortgage Association 01-Jan-2048 MA3238 1.23%
Federal National Mortgage Association 01-Dec-2047 MA3210 1.21%
FEDERAL HOME LOAN MORTGAGE CORPORATION 15-Mar-2045 4741B 1.21%
FEDERAL HOME LOAN MORTGAGE CORPORATION 15-May-2043 4661C 1.20%
Federal National Mortgage Association 01-Feb-2048 BH9277 1.09%
Ginnie Mae 2 20-Oct-2048 MA5529 0.94%
28/02/2019

Registered For Sale In

  1. Jersey
  2. United Kingdom

Fund Info

  • Launch date06/05/2009
  • Share Class size04Mn
  • Base currencyGBP
  • ISIN GB00B3RJ9B43

Purchase Info

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

Charges

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

Related News

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