| Morningstar Fund Report | 13/04/2025 |  |
JPMorgan Funds - Global Corporate Bond Fund A (acc) - USD |
| Performance History | 31/03/2025 |
| Growth of 1,000 (GBP) | Advanced Graph |
 | Fund | -0.3 | -4.1 | 2.3 | 5.8 | -1.5 |
| +/-Cat | -0.2 | -1.0 | -0.1 | 0.5 | -0.1 |
| +/-B’mrk | -0.2 | -0.4 | -0.6 | 0.6 | -0.2 |
| Category: Global Corporate Bond - USD Hedged | ||||||
| Category Benchmark: Morningstar Gbl Corp Bd GR ... | ||||||
| Key Stats | ||
| NAV 11/04/2025 | USD 19.22 | |
| Day Change | -1.61% | |
| Morningstar Category™ | Global Corporate Bond - USD Hedged | |
| ISIN | LU0408846375 | |
| Fund Size (Mil) 11/04/2025 | USD 6074.40 | |
| Share Class Size (Mil) 11/04/2025 | USD 358.43 | |
| Max Initial Charge | - | |
| Ongoing Charge 18/07/2024 | 1.00% | |
| Morningstar Research |
| Analyst Report | 26/03/2025 Evangelia Gkeka, Senior Analyst Morningstar, Inc |
JPMorgan Global Corporate Bond benefits from a well-resourced team and is led by an experienced bench of four portfolio managers. The Morningstar Analyst Rating for the strategy's clean share class (C) is reaffirmed at Neutral, while some cheaper... | |
| Click here to read this analyst report on the underlying fund. | |
| Morningstar Pillars | |
|---|---|
| People | 24 |
| Parent | 24 |
| Process | 24 |
| Performance | |
| Price | |
| Investment Objective: JPMorgan Funds - Global Corporate Bond Fund A (acc) - USD |
| To achieve a return by investing primarily in global investment grade corporate debt securities with positive E/S characteristics or debt securities that demonstrate improving E/S characteristics. Debt securities with positive E/S characteristics are those that the Investment Manager believes have been issued by companies that demonstrate effective governance and superior management of environmental and/ or social issues (sustainable characteristics). |
| Returns | |||||||||||||
|
| Management | ||
Manager Name Start Date | ||
Lisa Coleman 27/02/2009 | ||
Lorenzo Napolitano 01/03/2012 | ||
| Click here to see others | ||
Inception Date 27/02/2009 | ||
| Category Benchmark | |
| Fund Benchmark | Morningstar Benchmark |
| Bloomberg Gbl Agg Corp 0901 TR Hdg USD | Morningstar Gbl Corp Bd GR Hdg USD |
| Portfolio Profile for JPMorgan Funds - Global Corporate Bond Fund A (acc) - USD | 28/02/2025 |
| ||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Growth Of 1000 (GBP) | 31/03/2025 |
|
| Annual Returns (GBP) | 31/03/2025 | |||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 31/03 | |
| Price Return | 3.49 | 7.98 | 5.38 | -0.31 | -4.09 | 2.32 | 5.83 | -1.52 |
| +/- Category | -0.94 | 0.53 | 0.50 | -0.21 | -1.02 | -0.07 | 0.54 | -0.07 |
| +/- Category Index | -1.92 | 0.01 | 0.60 | -0.19 | -0.39 | -0.60 | 0.60 | -0.22 |
| % Rank in Category | 86 | 55 | 43 | 66 | 58 | 63 | 41 | 73 |
| Trailing Returns (GBP) | 11/04/2025 | ||
| Total Returns | +/- Category | +/- Category Index | |
| 1 Day | -1.61 | -0.52 | -0.77 |
| 1 Week | -3.37 | -0.60 | -0.59 |
| 1 Month | -2.97 | -0.82 | -0.88 |
| 3 Months | -6.00 | -0.50 | -0.57 |
| 6 Months | -1.05 | -0.90 | -0.46 |
| YTD | -4.83 | -0.78 | -0.70 |
| 1 Year | -0.12 | -0.86 | -0.74 |
| 3 Years Annualised | 1.37 | -0.76 | -0.64 |
| 5 Years Annualised | 0.04 | -0.56 | -0.11 |
| 10 Years Annualised | 3.04 | -0.35 | -0.42 |
| Category: Global Corporate Bond - USD Hedged | |||
| Category Index: Morningstar Gbl Corp Bd GR Hdg USD | |||
| Quarterly Returns (GBP) | 31/03/2025 | |||
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
| 2025 | -1.52 | - | - | - |
| 2024 | 1.29 | 0.47 | -1.40 | 5.47 |
| 2023 | 0.06 | -3.19 | 2.74 | 2.81 |
| 2022 | -3.96 | 0.59 | 4.06 | -4.59 |
| 2021 | -3.98 | 2.14 | 2.40 | -0.75 |
| 2020 | 3.60 | 7.41 | -2.95 | -2.41 |
| Morningstar Rating™(Relative to Category) | 31/03/2025 | ||||||||||||||||||||
| |||||||||||||||||||||
| Category : Global Corporate Bond - USD Hedged | Click here to see our Methodology | ||||||||||||||||||||
| Volatility Measurements | 31/03/2025 | ||||||||||
| |||||||||||
| Modern Portfolio Statistics | 31/03/2025 | 31/03/2025 |
| Standard Index | Best Fit Index | |
| Morningstar Gbl Corp Bd GR Hdg USD | Morningstar Gbl Corp Bd GR Hdg USD | |
| 3-Yr Beta | 0.94 | 0.94 |
| 3-Yr Alpha | -0.50 | -0.50 |
| Fixed Income Style | 28/02/2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Asset Allocation | 28/02/2025 |
| ||||||||||||||||||||||||||
| Top 10 Holdings | 28/02/2025 |
| Portfolio NEW | |
| Total Number of Equity Holdings | 0 |
| Total Number of Bond Holdings | 810 |
| Assets in Top 10 Holdings | 9.34 |
| Name | Sector | Country | % of Assets | ||
 JPM USD Liquidity LVNAV X (dist.) |  | Luxembourg | 3.04 | ||
| United States Treasury Notes 3.75% | | United States | 1.60 | ||
| JPM Global High Yield Bond X (acc) USD | | Luxembourg | 1.04 | ||
| Goldman Sachs Group, Inc. 6.484% | | United States | 0.55 | ||
| KeyCorp 6.401% | | United States | 0.55 | ||
| Wells Fargo & Co. 4.808% | | United States | 0.54 | ||
| Avolon Holdings Funding Ltd. 5.15% | | Ireland | 0.52 | ||
| Energy Transfer LP 6% | | United States | 0.51 | ||
| Glencore Capital Finance Designated A...
| | Switzerland | 0.50 | ||
| Global Payments Inc 4.875% | | United States | 0.47 | ||
Increase  Decrease  New since last portfolio | |||||
| Category: Global Corporate Bond - USD Hedged | |||||
| Management | ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
| |
| Biography | |
| Lisa Coleman, Managing Director, is the head of the Global Investment Grade Corporate Credit team in the Global Fixed Income, Currency & Commodities (GFICC) group. Prior to joining the firm in 2008, Lisa was at Schroders Investment Management for eight years, serving as the head of Global Credit Strategies and the head of European Fixed Income. Previously, she was at Allmerica Financial for six years, managing core and corporate bond portfolios. Before this, Lisa was Deputy Manager of Global Fixed Income at Brown Brothers Harriman for five years, managing corporate bond, asset-backed security, mortgage-backed security and government bond portfolios. Prior to Brown Brothers Harriman, Lisa worked at Merrill Lynch in foreign exchange sales and at Travelers Insurance Company as an analyst and portfolio manager. Lisa began her career at the Federal Reserve Bank of New York, holding roles in the foreign exchange and foreign relations departments. Lisa holds a B.A. in economics from Trinity College, Hartford, Connecticut and a M.A. in international banking and finance from the School of International and Public Affairs at Columbia University, New York. In addition, she is a CFA charterholder and holds the Investment Management Certificate from the UK Society of Investment Professionals. |
|
| Fund Manager | Lorenzo Napolitano |
| Manager Start Date | 01/03/2012 |
| |
| Biography | |
| Lorenzo Napolitano, Executive Director and CFA, are responsible for establishing and monitoring the overall duration, yield curve, sector allocation, the overweights and underweights of the Fund’s portfolio versus the benchmark. Mr. Napolitano is a member of GFICC and a portfolio manager within the Investment Grade Corporate Credit Team. Prior to joining J.P. Morgan Investment Management Inc. in 2012, he was an associate portfolio manager at Lord, Abbett & Co. LLC where he traded and provided research analysis for institutional and retail portfolios within Investment Grade Credit. |
|
| Fund Manager | Andreas Michalitsianos |
| Manager Start Date | 01/04/2013 |
| Career Start Year | 2001 |
| |
| Biography | |
| Andreas Michalitsianos, managing director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in London, he is a portfolio manager within the Global Investment Grade Corporate Credit Team, focusing on sterling, European and unconstrained bond portfolios. An employee since 2002, Andreas previously worked as a portfolio manager in the Long Duration group in New York where he managed a range of strategies including credit, government and inflation protected bond mandates. Andreas received a B.Sc. (Hons.) in Biochemistry from the University of Warwick in England. He is a CFA charterholder and holds the Investment Management Certificate from the UK Society of Investment Professionals. |
|
| Fund Manager | Usman Naeem |
| Manager Start Date | 01/08/2015 |
| Fees and Expenses | ||||||||||||
| ||||||||||||
| Purchase Details | ||||||||
| ||||||||
| ||||||||