• Search Funds
  • Model Portfolios
  • Provider
  • Sector
  • Manager

Search by provider name

Search by sector name

Search by manager name

Search by Risk Level

JPM Unconstrained Bond C Acc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund ProviderJPMorgan Funds Limited
Fund SummaryTo 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. The Fund may invest in developed and Emerging Market countries and hold Investment Grade, Below-Investment Grade and Unrated Bonds, Asset and Mortgage Backed Securities (ABS and MBS), Credit Linked Notes and Structured Products. The Fund may have a concentrated portfolio and may have a significant exposure to any one country, sector or issuer at any time. Allocations between countries, sectors and ratings of Bonds may vary significantly at any time.
Fund codeSPSNA
ManagersRobert Michele, Iain Stealey, Diana Amoa, Andrew Headley, Jeff Hutz, Lisa Coleman
Manager Tenure11 years
Morningstar CategoryGlobal Flexible Bond - GBP Hedged
IMA SectorTargeted Absolute Return
Fund Size£449 million
Fund TypeOEIC
Management StyleActive
Ongoing Charge Figure (OCF)0.65%
Cavendish ongoing charge0.05%
FundsNetwork Service Fee0.20%
Minimum Initial Investment£25
Minimum Top Up£25
Minimum Monthly Investment£25
Sell Price£1.1650
Buy Price£1.1650
Price Change-0.0857%
Price Date25th September 2020
Dividend FrequencyQuarterly
ISA EligibleYes
SIPP EligibleYes
Inception Date20th June 2013
Fund StatusOPEN
Robert Michele, CFA, managing director, is the Chief Investment Officer of the Global Fixed Income, Currency and Commodities (GFICC) group. Based in New York, Bob directs the global investment process and oversees the portfolio management and research functions. Prior to joining the firm in 2008, Bob was at Schroder Investment Management for ten years, most recently serving as the global head of fixed income. He also previously served as the head of Schroder’s U.S. Fixed Income Group, based in New York. Bob was at BlackRock from 1995 to 1998, responsible for managing core bond portfolios and d

3-year Mean Monthly Return: 0.142%

Annual Returns2019201820172016201520142013201220112010
Fund Performance+1.51%+2.08%+0.09%+3.37%+1.81%0.00%+5.31%+1.85%+3.46%+6.61%
Benchmark Performance
(Global Flexible Bond - GBP Hedged)
Time PeriodCumulativeBenchmark Performance
(Global Flexible Bond - GBP Hedged)
Fund Compared to Benchmark
1 day-0.09%+2.10%-2.19%
1 week-0.60%-0.41%-0.18%
1 month-0.34%+1.69%-2.04%
3 months1.48%+12.33%-10.85%
6 months8.57%+2.99%+5.59%
1 year2.55%+2.54%+0.02%
3 years1.50%+3.47%-1.97%
5 years2.26%+4.17%-1.92%
10 years2.50%+6.56%-4.06%
Since inception3.86%Currently unavailableCurrently unavailable

Top 10 shares for this fund

Share NameCountryValue
Government National Mortgage Association 2.5%USA11.07%
JPM USD Liquidity LVNAV X (dist.)LUX9.33%
JPM GBP Liquidity LVNAV X (dist.)LUX4.83%
Government National Mortgage Association 3%USA2.89%
Federal Home Loan Mortgage Corporation 4%USA1.76%
Federal Home Loan Mortgage Corporation 3%USA1.30%
Federal National Mortgage Association 4%USA1.21%
Cyprus (Republic Of) 1.5%CYP1.18%
Capital One Multi Asset Execution Trust 0.74%USA1.12%
New Zealand (Government Of) 4.5%NZL0.97%
Dividend DatePer share amountReinvestment Price
3rd August 20200.0081£1.1680
1st May 20200.0083£1.1230
3rd February 20200.0073£1.1470
1st November 20190.0075£1.1370
1st August 20190.0088£1.1330
1st May 20190.0109£1.1230