JPM Global High Yield Bond Fund

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JPM Global High Yield Bond Fund C - Gross Accumulation

A Select 50 Fund - Fidelity insight
Category Other Bond



This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

£1.476

arrow-up£0.005 (+0.34%)

Fund Code

SPHYA

B235QY1

GB00B235QY15

Prices updated as at 18 Apr 2024
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Prices in GBP

Investment objective
To provide a return by investing at least 80% of the Fund’s assets in global below investment grade debt securities. At least 80% of assets invested in below investment grade corporate debt securities from issuers in developed markets. The Fund may also invest in debt securities of issuers of emerging market countries and unrated debt securities.

Our view

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Why we like the fund: This fund lends money to higher-risk companies and, in return, receives higher-than-average interest payments. JPMorgan is well placed to run this fund for a few reasons. Firstly, it has three very experienced fund managers that have worked together for a long time. Secondly, it is US-based and this is helpful because the majority of high yield companies are in the US. Thirdly, it has a strong team of analysts assessing the creditworthiness of borrowers. And finally, it has navigated some tough markets and added value. How to use the fund: This fund can be a helpful addition to many portfolios, including those that seek an income and those with capital growth ambitions. The lower quality nature of the companies it allocates to does result in a relatively high income (via interest repayments) from these loans, and investors that are willing to embrace risk to receive long-term returns may use this fund as a smaller risky allocation in a wider portfolio.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.