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JPM Unconstrained Bond I Acc (Restricted Fund)

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  • Dividend History
Fund Provider JPMorgan Funds Limited
Fund Summary To maximise returns by investing primarily in a global portfolio of fixed and floating rate debt securities. In the fund manager's view, maximising returns means generating higher returns than those of the Fund's 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
SEDOL code B3RJBY1
ISIN GB00B3RJBY10
Fund code SPSTB
Managers Robert Michele, Iain Stealey
Manager Tenure 11 years
Morningstar Category Global Flexible Bond - GBP Hedged
IMA Sector Targeted Absolute Return
Fund Size £543 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 0.4%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £1.1640
Buy Price £1.1640
Price Change +0.9541%
Price Date 27th March 2020
Yield 2.92%
Dividend Frequency Quarterly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 25th June 2015
Fund Status OPEN
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 developing credit strategies across all client mandates. Prior to that, Bob spent five years at FirstBoston Asset Management as head of their domestic fixed income desk. Before that, he was at Brown Brothers Harriman for eight years managing taxable, total return portfolios for non-U.S. institutions. Bob began his career at Bankers Trust, working as an investment analyst and portfolio manager. He holds a B.A. in classics from the University of Pennsylvania, is a CFA charterholder and has the Investment Management Certificate of the UK Society of Investment Professionals.

3-year Mean Monthly Return: 0.124%

Annual Returns 2019 2018 2017 2016 2015 2014 2013 2012
Fund Performance +5.13% -2.83% +3.00% +4.94% -0.18% +1.64% +2.05% +7.07%
Benchmark Performance
(Global Flexible Bond - GBP Hedged)
+8.12% -2.85% +4.55% +5.77% +0.34%
Time Period Cumulative Benchmark Performance
(Global Flexible Bond - GBP Hedged)
Fund Compared to Benchmark
1 day 0.95% -7.22% +8.18%
1 week 0.34% -8.18% +8.52%
1 month -5.90% -7.20% +1.30%
3 months -5.21% -6.46% +1.25%
6 months -4.90% -3.37% -1.54%
1 year -3.00% -0.04% -2.96%
3 years -0.43% +1.10% -1.52%
5 years 0.65% +3.04% -2.39%
10 years Currently unavailable Currently unavailable Currently unavailable
YTD -5.29% +2.18% -7.47%
Since inception 1.71% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
Government National Mortgage Association 3% USA 7.17%
Australia (Commonwealth of) 2.75% AUS 6.45%
JPM GBP Liquidity LVNAV X (dist.) LUX 5.73%
Spain (Kingdom of) 5.15% ESP 3.38%
Government National Mortgage Association 3% USA 2.50%
Government National Mortgage Association 3% USA 2.49%
Canada (Government of) 2.25% CAN 2.17%
Federal Home Loan Mortgage Corporation 4% USA 1.89%
Federal National Mortgage Association 4% USA 1.26%
Federal Home Loan Mortgage Corporation 3% USA 1.20%
Dividend Date Per share amount Reinvestment Price
3rd February 2020 0.0082 £1.2370
1st November 2019 0.0085 £1.2270
1st August 2019 0.0096 £1.2220
1st May 2019 0.0122 £1.2100
1st February 2019 0.0115 £1.1910
1st November 2018 0.0116 £1.1950