Morningstar Fund Report  | 11/04/2025Print

Jupiter Global Macro Bond Fund L GBP Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Jupiter Global Macro Bond Fund L GBP Acc
Fund-0.72.62.3-0.92.4
+/-Cat1.113.5-3.2-3.91.1
+/-B’mrk1.116.1-3.4-3.71.2
 
Category: Global Diversified Bond - GBP Hedged
Category Benchmark: Morningstar Gbl Core Bd GR ...
Key Stats
NAV
10/04/2025		 GBP 4.05
Day Change 0.26%
Morningstar Category™ Global Diversified Bond - GBP Hedged
IA (formerly IMA) Sector Global Mixed Bond
ISIN GB00B1XG7J94
Fund Size (Mil)
28/02/2025		 GBP 452.54
Share Class Size (Mil)
09/04/2025		 GBP 20.20
Max Initial Charge 4.00%
Ongoing Charge
20/03/2025		  1.15%
Investment Objective: Jupiter Global Macro Bond Fund L GBP Acc
To seek to achieve income and capital growth, delivering a positive total return, net of fees, higher than the Sterling Overnight Interbank Average rate over a rolling 3-year periods. The fund primarily invests (at least 70%) in a diversified portfolio of global fixed, variable and zero rate debt securities, including government and corporate bonds. The fund will vary the currencies in which it invests to enable it to achieve its objective.
Returns
Trailing Returns (GBP)10/04/2025
YTD1.79
3 Years Annualised1.85
5 Years Annualised2.77
10 Years Annualised-
12 Month Yield 3.26
Management
Manager Name
Start Date
Mark Nash
01/08/2016
Huw Davies
06/01/2022
Click here to see others
Inception Date
26/11/1991

Category Benchmark
Fund BenchmarkMorningstar Benchmark
SONIAMorningstar Gbl Core Bd GR Hdg GBP
Portfolio Profile for  Jupiter Global Macro Bond Fund L GBP Acc28/02/2025
Fixed Income
Effective Maturity4.28
Effective Duration8.56
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.080.000.08
Bond75.822.0273.80
Property0.000.000.00
Cash9.270.009.27
Other0.000.000.00
Growth Of 1000 (GBP) 31/03/2025
Fund:  Jupiter Global Macro Bond Fund L GBP Acc
Category:  Global Diversified Bond - GBP Hedged
Category Index:  Morningstar Gbl Core Bd GR Hdg GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-3.1510.2311.72-0.702.642.33-0.862.41
+/- Category-1.974.416.891.0813.50-3.22-3.891.15
+/- Category Index-3.373.926.531.1216.10-3.45-3.671.20
% Rank in Category797222197995
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.26   0.610.39
1 Week-1.38   -0.68-1.02
1 Month-0.34   -0.14-0.75
3 Months1.52   0.34-0.06
6 Months0.27   -0.49-0.61
YTD1.79   0.970.73
1 Year2.09   -2.08-2.37
3 Years Annualised1.85   0.531.20
5 Years Annualised2.77   2.343.49
10 Years Annualised-   --
 
Category: Global Diversified Bond - GBP Hedged
Category Index: Morningstar Gbl Core Bd GR Hdg GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20252.41---
2024-0.76-0.983.77-2.78
2023-1.37-0.21-0.834.84
2022-0.38-1.172.791.42
20210.180.18-0.63-0.44
20201.775.621.512.39
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageBelow Average4 star
5-YearHighBelow Average5 star
10-Year--Not Rated
OverallHighBelow Average5 star
 
Category :  Global Diversified Bond - GBP HedgedClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev3.70 %
3-Yr Mean Return2.37 %
 
3-Yr Sharpe Ratio-0.44
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Core Bd GR Hdg GBP  Morningstar Gbl Real Est TME NR USD
3-Yr Beta0.330.18
3-Yr Alpha-0.46-0.74
 
Fixed Income Style31/12/2024
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 450
Maturity Distribution %
1 to 313.23
3 to 58.49
5 to 714.09
7 to 1021.68
10 to 1514.90
15 to 207.49
20 to 3012.41
Over 300.75
Effective Maturity4.28
Effective Duration8.56
Credit Quality Breakdown %     %
AAA15.06   BB5.94
AA9.92   B0.00
A8.00   Below B0.00
BBB17.92   Not Rated43.17
 
Category: Global Diversified Bond - GBP Hedged
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.080.000.08
Bond75.822.0273.80
Property0.000.000.00
Cash9.270.009.27
Other0.000.000.00
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings99
Assets in Top 10 Holdings45.07
NameSectorCountry% of Assets
United Kingdom of Great Britain and N... United Kingdom8.30
Germany (Federal Republic Of) 0.6378%Germany5.61
New Zealand (Government Of) 1.75%New Zealand5.41
Poland (Republic of) 5%Poland5.28
Mexico (United Mexican States) 8.5%Mexico4.18
Australia (Commonwealth of) 1.75%Australia3.42
Italy (Republic Of) 1.83832%Italy3.39
Italy (Republic Of) 4.3%Italy3.26
Greece (Republic Of) 4.25%Greece3.18
United States Treasury Notes 4.75%United States3.04
 
Increase Decrease New since last portfolio
Category: Global Diversified Bond - GBP Hedged
 
Management
Name of CompanyJupiter Unit Trust Managers Ltd
Phone+44 20 3817 1000
Websitehttp://www.jupiteram.com
AddressThe Zig Zag Building
 London   SW1E 6SQ
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date26/11/1991
Fund Advisor(s)
Jupiter Investment Management Limited
Fund ManagerMark Nash
Manager Start Date01/08/2016
Education
University of Nottingham, M.S.
University of Nottingham, B.S.
 
Biography
Mark joined Merian in June 2016 and is head of fixed income. He previously worked at Invesco Asset Management since 2001, most recently as head of global multi-sector portfolio management and head of European fixed income strategy.
Fund ManagerHuw Davies
Manager Start Date06/01/2022
Fund ManagerJames Novotny
Manager Start Date06/01/2022
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge4.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Chargen/a
Ongoing Charge1.15%
Purchase Details
Minimum Investments
Initial500  GBP
Additional250  GBP
Savings-
Tax Free Savings Schemes
ISAsYes