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Jupiter Merlin Balanced Portfolio

Ranked 66 out of 262 in - Aggressive GBP over 12 months
All calculations are in GBP unless stated

Managed by

John Chatfeild-Roberts

John Chatfeild-Roberts joined Jupiter in 2001 and was appointed Chief Investment Officer in 2010. He stood down from his role in September 2015 to focus on running Jupiter’s multi-manager funds. The team currently manages nine funds in total, with five domiciled in the UK. He is also a Director of Jupiter Asset Management Limited and a Main Board Director. His earlier career in fund management was at Lazard Brothers Asset Management (1995-2001) and Henderson Administration (1990-1995). He held a Short Service Commission in the British Army in the 1980s. John has many years’ experience in investment management and is also a fellow of the Chartered Institute for Securities and Investment.

David Lewis

David joined Jupiter’s Private Client & Charities Team in November 2008 initially as a portfolio assistant before becoming an assistant fund manager in February 2010.In May of 2011 David joined the Jupiter Independent Funds Team as a portfolio manager. Before joining Jupiter, David worked at IFA Bestinvest as an assistant investment manager within their Discretionary Investment Management department. David is a CFA Chartholder and a Chartered Member of the Chartered Institute for Securities & Investments.

Amanda Sillars

Amanda Sillars joined the Jupiter Independent Funds Team as fund selection specialist in May 2011. She is now a fund manager within the team. Before joining Jupiter, Amanda spent five years at JP Morgan Asset Management as investment director and executive director. Prior to this, Amanda spent ten years at JP Morgan Private Bank and Flemings, as a fund analyst and vice president. Amanda is a Fellow of the Chartered Institute for Securities & Investments (1999) and a Fellow of the US Securities Exchange Commission Series 7 and Series 3. She has also gained an Award in Pensions (DB & DC) Management Trustee Exam (2008).

Algy Smith-Maxwell

Algy Smith-Maxwell joined Jupiter in 2001 as a fund manager in the Jupiter Independent Funds Team. Algy has extensive experience specialising in multi-manager funds. He started his career in 1995 as a fund analyst for Henderson's before becoming a fund manager for Lazard Asset Management in 1999.


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

Showing fund performance in United Kingdom View performance globally


Aggressive GBP over : 30/04/2018 - 30/04/2019

Total Return

Quarterly Performance

to 31/03/2019 Annual Q1 Q2 Q3 Q4
2019 6.0%
2018 -3.0% -3.8% 6.1% 1.8% -6.6%
2017 10.4% 4.3% 1.8% 0.2% 3.8%
2016 13.4% 0.3% 3.3% 7.5% 1.8%
2015 5.5% 6.8% -3.2% -3.9% 6.2%
2014 6.0% -0.3% 0.7% 1.1% 4.4%
2013 13.6% 11.2% -2.6% 1.2% 3.7%
2012 9.6% 4.9% -1.9% 4.3% 2.1%
2011 -4.0% -1.6% 0.4% -6.8% 4.3%
2010 14.6% 6.0% -3.2% 5.0% 6.3%
2009 20.3% -6.4% 6.9% 16.5% 3.2%
2008 -14.4% -7.1% 1.5% -7.1% -2.3%
2007 4.1% 2.9% 2.2% -1.1% 0.1%
2006 10.6% 7.3% -5.5% 2.6% 6.3%
2005 25.6% 4.7% 2.9% 9.1% 6.8%
2004 15.1% 3.6% 0.3% 2.4% 8.2%
2003 23.0% -2.1% 13.0% 4.7% 6.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
TB Evenlode Income C Inc 15.44%
Fundsmith Equity I Inc 12.90%
Findlay Park American USD 11.60%
GBP Cash 10.31%
Jupiter Global Value I GBP 10.29%
Jupiter Income Trust 6.28%
Prusik Asian Equity Income 2 X 5.75%
Jupiter Strategic Bond I Inc GBP 5.07%
LF Morant Wright Nippon Yield B Inc 4.85%
ETFS Physical Gold 4.59%

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date01/10/2002
  • Share Class size458Mn
  • Base currencyGBX
  • ISIN GB0031845141

Purchase Info

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


  • Annual management1.50%
  • Initial investment0.00%

Related News

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The sale marks the end of the 20-year relationship between Merlin head John Chatfeild-Roberts and Neil Woodford and comes after a torrid run for the fund manager.

Jupiter Merlin sold Artemis Income ahead of Gosden shock

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Stephen Pearson replaces Chatfeild-Roberts as Jupiter CIO

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Jupiter Merlin team buys into Woodford fund

Jupiter's Merlin multi-manager team has bought into Neil Woodford's new fund, Wealth Manager can reveal.

AA-rated ex-Rathbones manager added to Merlin Portfolios

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Ultra-cautious fund completes Chatfeild-Roberts’ Merlin range

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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.   

Chatfeild-Roberts donates £800k to charity

The Jupiter chief investment officer has made another significant donation to charity months after he gave Cheltenham College £600,000 worth of his firm's shares.  


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