JPM Strategic Bond A Acc


Buy/Sell Price  (as of 08/12/2016) £0.7081   Day Change :  0.33%     Fund Code:  SPSBA 

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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Biography

Robert Michele,managing director, is the Chief Investment Officer and Head of the Global Fixed Income, Currency & Commodities (GFICC) group. 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 in London. Previously, Bob was a managing director at BlackRock from 1995 to 1998, responsible for managing core bond portfolios and developing credit strategies across all client mandates. Prior to that, Bob was at FirstBoston Asset Management as head of their US fixed income business and Brown Brothers Harriman 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.
Investment HouseJ.P. Morgan Asset Management
Fund ProviderJP Morgan Asset Management (UK) Ltd
ManagerRobert Michele   Biography

Fund Objective To maximise returns by investing primarily in a global portfolio of fixed and floating rate debt securities.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B3RJ9B43
12-Month NAV High £0.72
12-Month NAV Low £0.67
Fund Comparative Index -
Morningstar CategoryTMGlobal Flexible Bond - GBP Hedged
Dividend FrequencyQuarterly
Distribution Yield2.40%
Underlying Yield3.06%

Annual Charges

Morningstar ratings

 as of  31/10/2016
Overall1 star
3 Years2 star
5 Years1 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  08/12/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
-7.28-5.11-3.14-0.82-1.41
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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