JPM Global High Yield Bond I (acc) - EUR (hedged)
LU0248018375
JPM Global High Yield Bond I (acc) - EUR (hedged)/ LU0248018375 /
NAV11/06/2024 |
Chg.-0.0200 |
Type of yield |
Investment Focus |
Investment company |
97.4000EUR |
-0.02% |
reinvestment |
Bonds
Worldwide
|
JPMorgan AM (EU) ▶ |
Investment strategy
To achieve a return in excess of global bond markets by investing primarily in global below investment grade corporate debt securities, using derivatives where appropriate. Uses a globally integrated research driven investment process that focuses on analysing fundamental, quantitative and technical factors across countries, sectors and issuers. Bottom-up security selection approach based on assessing relative value across the global developed market high yield credit spectrum.
At least 67% of assets invested, either directly or through derivatives, in below investment grade corporate debt securities from issuers anywhere in the world, including emerging markets. The Sub-Fund may invest in contingent convertible bonds (up to 5%). Up to 20% of net assets in Ancillary Liquid Assets and up to 20% of assets in Deposits with Credit Institutions, money market instruments and money market funds for managing cash subscriptions and redemptions as well as current and exceptional payments. Up to 100% of net assets in Ancillary Liquid Assets for defensive purposes on a temporary basis, if justified by exceptionally unfavourable market conditions.
Investment goal
To achieve a return in excess of global bond markets by investing primarily in global below investment grade corporate debt securities, using derivatives where appropriate. Uses a globally integrated research driven investment process that focuses on analysing fundamental, quantitative and technical factors across countries, sectors and issuers. Bottom-up security selection approach based on assessing relative value across the global developed market high yield credit spectrum.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Corporate Bonds |
Benchmark: |
ICE BofA US High Yield Constrained Index |
Business year start: |
01/01 |
Last Distribution: |
- |
Depository bank: |
J.P. Morgan SE - Zweigniederlassung Luxemburg |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, United Kingdom, Luxembourg |
Fund manager: |
Robert Cook, Thomas Hauser, Jeffrey Lovell |
Fund volume: |
5.49 bill.
USD
|
Launch date: |
03/10/2013 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
0.45% |
Minimum investment: |
10,000,000.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Assets
Bonds |
|
96.49% |
Stocks |
|
1.83% |
Others |
|
1.68% |
Countries
United States of America |
|
84.85% |
Canada |
|
5.84% |
Luxembourg |
|
2.23% |
Cayman Islands |
|
0.96% |
Netherlands |
|
0.87% |
United Kingdom |
|
0.62% |
Jersey |
|
0.56% |
France |
|
0.53% |
Liberia |
|
0.49% |
Panama |
|
0.48% |
Ireland |
|
0.38% |
Bermuda |
|
0.20% |
Spain |
|
0.13% |
Austria |
|
0.10% |
Others |
|
1.76% |