JPM Multi-Asset Income A Acc

Buy/Sell Price  (as of 28/10/2016) £0.8868   Day Change :  -0.28%     Fund Code:  SPMAA 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Michael Schoenhaut, managing director, is a portfolio manager on J.P. Morgan Asset Management& Multi-Asset Solutions team, based in New York. Michael is primarily responsible for portfolio construction, manager selection and the interpretation and implementation of the team&asset allocation views in their multi-asset portfolios. He manages a global suite of multi-asset income funds, the SmartRetirement target date funds, and traditional balanced strategies. In fact, the SmartRetirement team was awarded the 2014 Morningstar U.S. Allocation Fund Manager of the Year for their efforts. An employee since 1997, Michael has held other positions within Multi-Asset Solutions, including portfolio manager for balanced strategies and head of quantitative portfolio management. Michael earned a Bachelors of Science in Operations Research and Industrial Engineering from Cornell University and is a CFA charterholder.


Talib Sheikh, managing director, is a portfolio manager in the Multi-Asset Solutions team, based in London. Talib is responsible for managing total return portfolios, balanced and income portfolios and has managed balanced and tactical asset allocation overlay accounts since 2002. An employee since 1998, Talib was previously a portfolio manager in the derivatives implementation team in London. Talib earned a Bachelors of Science in Agriculture and a Masters of Science in International Marketing from the University of Newcastle and is a CFA charterholder
Investment HouseJ.P. Morgan Asset Management
Fund ProviderJP Morgan Asset Management (UK) Ltd
ManagerMichael Schoenhaut   Biography
ManagerTalib Sheikh   Biography

Fund Objective To provide income by investing primarily in a global portfolio of income generating securities.

Key Statistics

Fund Status
Fund TypeOEIC
12-Month NAV High £0.90
12-Month NAV Low £0.78
Fund Comparative IndexMSCI World (Net) Hdg to GBP (40) Barclays Gbl Credit Hdg to GBP (30) Barclays US HY 2% Iss Cap Hdg to GBP (30)
Morningstar CategoryTMGBP Moderate Allocation
Dividend FrequencyQuarterly
Historic Yield3.71%

Annual Charges

Morningstar ratings

 as of  30/09/2016
Overall3 star
3 Years2 star
5 Years3 star
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  28/10/2016

Past Performance (%) Help

as of 

This Fund


Fund versus Morningstar Category

Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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