Investing principles: Steering the boat through choppy seas
This paper, written by Raisah Rasid and Jennifer Qiu, addresses the importance of a diversified portfolio to manage market volatility and capture potential recovery upside.
Investors may be subject to substantial losses or losing the entire investment. The investment decision is yours. You should not invest unless the intermediary who sells you the Fund has advised you that it is suitable for you and has explained how it is consistent with your investment objectives. Please refer to the “Product Disclosure Statement" (“PDS”) for details.
You must read the following information before proceeding. It provides information on some of the laws and regulations applicable to this website. By accessing this website and any pages thereof, you acknowledge that you have read the following information and accept the terms and conditions set out below and on the relevant pages of this website, and agree to be bound by such terms and conditions. If you do not agree to such terms and conditions below, do not access this website, or any pages thereof.
These Terms of Use are in addition to any other agreements between you and JPMorgan Asset Management (Australia) Limited ABN 55 143 832 080 Australian financial services licence number 376919 (“we” or “us”), including any customer or account agreements, and any other agreements that govern your use of JPMorgan Asset Management (Australia) Limited's products, services, content, tools, and information available on this website. These Terms of Use apply to the use of this website and information contained on it only. For any products or services, refer to the specific terms and conditions for such products or services.
Your use of this website is governed by the version of the Terms of Use in effect on the date this website is accessed by you. The information contained in this website is current as at the date of publication but we reserve the right to change the website and the Terms of Use at any time without notice. If you use the website after the amended Terms of Use have been published, you will be deemed to have agreed to the Terms of Use, as amended.
Certain sections or pages on this website may contain separate terms and conditions, which are in addition to these Terms of Use. In the event of a conflict, the additional terms and conditions will govern for those sections or pages.
The information contained herein is issued by JPMorgan Asset Management (Australia) Limited. JPMorgan Asset Management (Australia) Limited is regulated by the Australian Securities and Investments Commission ("ASIC"), which has registered the funds mentioned herein). However, ASIC takes no responsibility for the soundness of the registered funds and does not imply that investment in them is recommended by ASIC.
None of the funds mentioned herein have been approved for sale or purchase by any authority outside Australia. This website is intended to be accessed only by persons located in Australia (and, in relation solely to the Digital Portfolio Insights, certain licensed financial advisers in New Zealand) and this website is not directed to any person in any jurisdiction where (by reason of that person's nationality, residence or otherwise) the publication or availability of this website is prohibited. Persons in respect of whom such prohibitions apply must not access this website. It is the responsibility of any persons who access the information contained herein to observe all applicable laws and regulations of their relevant jurisdiction. By proceeding, you are representing and warranting that the applicable laws and regulations of your jurisdiction allow you to access the information.
The information contained in this website does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any fund in any jurisdiction outside Australia. In particular, the information herein is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any fund in any jurisdiction other than Australia.
The information contained in this website does not constitute investment advice. This website material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should therefore assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. An investment in funds mentioned in this website may not be suitable for all investors and if you are unclear about any of the information on this website, please consult your professional adviser.
Unless otherwise agreed by JPMorgan Asset Management (Australia) Limited in writing, you alone are solely responsible for your investment decisions based on your investment objectives and personal and financial situation.
Because all servers have limited capacity and are used by many people, you may not use the website in any manner that would damage or overburden any JPMorgan Asset Management (Australia) Limited server, or any network connected to any JPMorgan Asset Management (Australia) Limited server. You may not use the website in any manner that would interfere with any other party's use of the website. You may not use any robot, spider, other automatic device or manual process to monitor or copy our web pages, data or the content contained herein or for any other unauthorized purpose without our prior expressed written permission.
This site is optimised for viewing with Microsoft Internet Explorer (version 6.0 SP1 or above) or Netscape Navigator (version 4.76 or above). Recommended screen resolution is 1024 x 768. Although you may use other means to access the website, be aware that the website may not appear accurately through other access methods, and you use them only at your own risk. You are responsible for setting the cache settings on your browsers to ensure that you are receiving the most recent data.
JPMorgan Asset Management (Australia) Limited may also through this website collect your personal data or information, including the IP address of your personal computer, the country you are from and certain personal details (such as name, age, gender, profession, etc). We may also use software tools or 'cookies' to gather information about your browsing activities. The information collected may be processed by us, our agents or any other third party which provide services to JPMorgan Asset Management (Australia) Limited.
Please refer to our Privacy Statement and Cookies Policy for further information on our handling and use of such information.
Nothing in these Terms of Use is intended to exclude, restrict or modify rights which you may have under law (including in Australia Schedule 2 of the Competition and Consumer Act 2010 (Cth) (the “Australian Consumer Law” and in New Zealand the Consumer Guarantees Act 1993 and Fair Trading Act 1986) which cannot be excluded, restricted or modified.
JPMorgan Asset Management (Australia) Limited believes that the information contained on the website is accurate as at the date of publication, however, except for warranties which cannot be excluded at law (including those under the Australian Consumer Law or in New Zealand the Consumer Guarantees Act 1993 and Fair Trading Act 1986), no warranty is made as to the accuracy, suitability, usefulness, reliability or completeness of any such information. The use of this website and the delivery (“Delivery”) of information or documents by JPMorgan Asset Management (Australia) Limited or its agents through this website is at your own risk. Except for warranties which cannot be excluded at law, no warranty is given that the content of this website and the Delivery (including any such information) will be free from software related errors or that this website or any servers that operate it or the Delivery are free of computer viruses or other harmful components.
If you are using the website for commercial purposes in New Zealand, you agree that the Consumer Guarantees Act 1993 does not apply.
Reasonable precautions have been taken to ensure that website content, including account information and pricing data, are complete and accurate. However, due to the nature of information delivery technology and the necessity of using multiple data sources, including third party content, JPMorgan Asset Management (Australia) Limited is unable to assure the accuracy of the data you access through this website. Website content is presented only as of the date published or indicated and may be superseded by subsequent market events or other reasons. To the extent permitted by applicable law, JPMorgan Asset Management (Australia) Limited shall not be liable to you or any third party for any damages arising from any actions or investment decisions taken by you based on the accuracy of the data presented through this website. JPMorgan Asset Management (Australia) Limited or its affiliates and their directors and employees may or may not have a position in or with respect to the securities mentioned herein.
Except for warranties which cannot be excluded at law (including those under the Australian Consumer Law or in New Zealand the Consumer Guarantees Act 1993 and Fair Trading Act 1986), JPMorgan Asset Management (Australia) Limited does not warrant that any downloads from this website will meet your needs or expectations, or be uninterrupted or secure or free from software related errors or that any files available for downloading through this website are free of computer viruses or other harmful components.
For informational or educational purposes, or as a service and convenience to you, this website may provide third party content or live links to a regulatory agency, non-profit organisation, or other unaffiliated third party and their websites, including companies that have a relationship with JPMorgan Asset Management (Australia) Limited.
Our decision to provide a link from our website to a third party website is not an endorsement of the third party, their products or services, or their website accessed through any such links. We are not responsible to the extent permitted by applicable law for the opinions, ideas, products, information, or services offered at such third party sites. While we would generally only provide such information from, or links to, sources considered reliable, we do not conduct independent investigations and accordingly we make no representations or warranties, express or implied, as to third party products, services, content, tools, information and website, and do not guarantee their accuracy, timeliness, completeness, reliability, suitability or usefulness for any particular purpose as we have no control over the content on such non JPMorgan Asset Management (Australia) Limited websites. We advise and encourage you to do your own research and make your own assessment.
Although third party content may be displayed, framed-in or provided in a pop-up box on the website, or available through a live link from our website to a third party website, JPMorgan Asset Management (Australia) Limited does not prepare, edit, guarantee or endorse, approve, recommend or introduce any third party content. By clicking on a link from our website to any third party website, you will leave this website (even if, for your convenience, a second browser window is opened). When viewing third party content through such a link, keep in mind that the third party's website terms and conditions, privacy and security policies, or other legal information may be different from those of JPMorgan Asset Management (Australia) Limited website. To the extent permitted by applicable law, we are not liable for any direct or indirect technical or system issues, consequences, or damages arising from your use of any third party website or information provided by third party. Except for warranties which cannot be excluded at law, we do not warrant that such site or content is free from any claims of copyright, trademark, or other infringement of the rights of third parties or that such site or content is devoid of viruses or other contamination. Your access, use and reliance upon such third party content, products or services is at your own risk. We advise and encourage you to do your own research and make your own assessment.
To the extent permitted by applicable law (including those under the Australian Consumer Law or in New Zealand the Consumer Guarantees Act 1993 and Fair Trading Act 1986), JPMorgan Asset Management (Australia) Limited or its affiliates, or any of their respective directors, officers, employees or agents shall not be liable for any and all losses (including without limitation, loss of opportunities or profit, personal injuries, death and property damage), injury (including special, indirect and consequential losses), damages, rights, claims and actions of any kind resulting from:
In Australia, under the Australian Consumer Law, if we fail to comply with a consumer guarantee that is applicable to these Terms of Use pursuant to the Australian Consumer Law, then our liability is limited to resupplying the relevant product(s) or service(s) to you.
Units in funds mentioned on this website may only be bought and sold on the terms set out in the relevant PDS. Investments in emerging markets and smaller companies may involve a higher degree of risk and are usually more sensitive to price movements. Past performance is not a guide to future returns and investors should be aware that the value of units and the income from them may fall as well as rise and they may not get back the full amount invested. Exchange rates may also cause the value of the underlying overseas investments to go up or down. Prospective investors should consult their own professional advisers on the legal and tax implications of making an investment in, holding or disposing of any units mentioned herein and the receipt of distributions with respect to such a fund.
All copyright, trademark, logo, patent, intellectual and other property rights in the information contained herein is owned by JPMorgan Asset Management (Australia) Limited or its affiliates. No rights of any kind are licensed or assigned or shall otherwise pass to persons accessing such information. Under no circumstances should information contained herein or any part of it be copied, reproduced or redistributed without JPMorgan Asset Management (Australia) Limited's express written consent.
You acknowledge that content on the Site or otherwise available from JPMorgan Asset Management (Australia) Limited through any other Dealing Facility (“Content”) is subject to copyright and possibly other intellectual property rights (“IPRs”). Unless expressly permitted by law, the applicant shall not, and shall not permit any other person to, sell, modify, copy, reproduce, distribute, display or publish any Content which the applicant does not own or hold under licence or otherwise infringe the IPRs of any person in using the Site or any other Dealing Facility or any Content.
The website or any other Dealing Facility may contain Content posted, emailed or otherwise submitted by you and/or, in the case of the website, by other users of the website (“User Content”). JPMorgan Asset Management (Australia) Limited has the right to access and examine any User Content and may in its absolute discretion move, remove or disable access to User Content or cause the same to be done. You grant JPMorgan Asset Management (Australia) Limited a perpetual, irrevocable, royalty free licence to use, reproduce, modify, adapt, publish, translate, incorporate in other works, distribute and display any information posted, emailed or otherwise submitted by you, in whole or in part.
You are responsible for obtaining, installing, maintaining and operating all software, hardware or other equipment (collectively, "System") necessary for you to access and use this website including specifically any password protected and/or secure areas. This responsibility includes, without limitation, your utilising up to date web-browsers and reasonably appropriate antivirus and internet security software. You are additionally responsible for obtaining Internet services via the Internet service provider of your choice, for any and all fees imposed by such Internet service provider and any associated communications service provider charges. You acknowledge that there are certain security, corruption, transmission error, and access availability risks associated with using open networks such as the Internet and electronic communication. You acknowledge that you are responsible for the data security of the Systems that you use to access this website, and for the transmission and receipt of information using such Systems. You acknowledge that you have requested access to the website for your convenience, have made your own independent assessment of the adequacy of the Internet and Systems and that you are satisfied with that assessment. Subject to any responsibilities implied by law (including those under the Australian Consumer Law or in New Zealand the Consumer Guarantees Act 1993 and Fair Trading Act 1986) which cannot be excluded, JPMorgan Asset Management (Australia) Limited is not responsible for any errors or problems that arise from the malfunction or failure of the Internet or your Systems nor are we responsible for notifying you of any upgrades, fixes, or enhancements to, or for providing technical or other support for your Systems. Although we may provide a link to a third party site where you may download software, we make no endorsement of any specific third party software, hardware or Internet Service Provider and your use of any such software, hardware or service may also be subject to the license or other agreements of that provider, in addition to these Terms of Use.
These Terms of Use shall be governed by the laws of the State of New South Wales, Australia.
You irrevocably and unconditionally submit to the non-exclusive jurisdiction of the courts of New South Wales and of the Federal Court of Australia.
You shall comply with all laws, rules and regulations by any governmental authority or agency which govern or apply to the operation and use of this website. No waiver to these Terms of Use shall be effective unless agreed in writing by JPMorgan Asset Management (Australia) Limited. All rights not expressly granted herein are reserved by JPMorgan Asset Management (Australia) Limited.
Please click the "Accept" button below if you have read this page and agree to abide by its contents, otherwise click "Close" to leave the website.
Guide to the Markets
Comprehensive insights on all the latest global economic and market developments.
On Investors' Minds - APAC Edition
Listen to the latest insights from Tai Hui to better understand what is happening in the financial markets from our Asia Pacific headquarters in Hong Kong
This paper, written by Raisah Rasid and Jennifer Qiu, addresses the importance of a diversified portfolio to manage market volatility and capture potential recovery upside.
This paper discusses the tariff proposed and implemented by the Trump administration, and what to expect on April 2nd and the potential impact.
This paper discusses the slowdown in growth in the U.S. economy and the possibility of a recession on the back of policy uncertainty, and the investment implications.
This paper addresses the case for defensive and income seeking strategies on the back of growing uncertainties around government policies, geopolitics and monetary policies.
This paper discusses the key takeaways from the Chinese NPC annual session, and the investment implications for Chinese and Asian investors based off recent market volatility.
This paper discusses how investors can manage the concentration risk in the global equity markets, and the investment implications from diversifying across indices, geographies and asset classes.
This paper discusses the motivation and impact of the proposed U.S. tariffs on its trading partners, and the investment implications.
This paper discusses the impact of higher tariffs and lower immigration on the U.S. economy, and the uncertainty accompanied by the rapid pace of the executive orders initiated by U.S. President Trump.
This paper discusses U.S. President Trump's trade and foreign policy approach, and the possible impact of reciprocal tariffs on markets.
This paper discusses the upward trend in Chinese equities in 2025 on the back of the recent AI developments, and how more positive macro catalysts can help further sustain this market and investor sentiment.
This paper, written by Adrian Wong, discusses the attractiveness of Asian equities on the back of 4Q earnings releases, and the investment implications.
This paper addresses the case for transport assets as a means for portfolio diversification on the back of broader trade uncertainty and economic volatility.
This paper addresses why the Indian market continues to remain a promising investment opportunity in spite of recent downturn in macroeconomic and market performance.
This paper addresses the recent trade tensions caused by the imposition of heavy tariffs by U.S. President Trump on Mexico, Canada and China, and the investment implications.
This paper, written by Tai Hui, discusses the spike in developed market government bond yields in recent weeks on the back of political and economic circumstances, and the investment implications.
This paper, written by Chaoping Zhu, discusses the China 4Q 2024 GDP results on the back of policy stimulus measures, and the need to maintain policy consistency heading into 2025.
This paper, written by Tai Hui, addresses U.S. equity investment, highlighting the importance of fundamentals, and managing portfolio during market fluctuations.
This paper discusses the near-term pains that await Asian economies from the proposed U.S. tariffs, and how Asia can navigate this trade uncertainty from a long-term perspective.
This paper addresses the challenges that lie ahead for Asian equities in 2025 amid trade tensions and a strong U.S. dollar, and the investment implications.
This paper, written by Meera Pandit, discusses the potential impact of U.S. government policy changes on alternative assets.
This paper, written by Jennifer Qiu, addresses the broader impact of potential U.S. tariffs on China, and the investment implications.
This paper discusses the various drivers apart from corporate reforms that provide positive sentiment to the Japanese equity market, and the investment implications.
This paper, written by Meera Pandit, discusses the impact of a U.S. corporate tax rate cut on corporate earnings, and the investment implications.
This paper addresses the current market stability and investor confidence in the U.S. debt situation keeping in mind the long-term risks, and the investment implications.
This paper discusses the strength of the U.S. dollar since September, driven by higher U.S. Treasury yields and President-elect Trump's policy stance, and the investment implications.
This paper, written by Meera Pandit, discusses the Federal Open Market Committee's decision to lower the federal funds rate by 25 basis points to a target range of 4.50%-4.75%, and the investment implications.
This paper, written by David Kelly, Gabriela Santos and Stephanie Aliaga, discusses the potential Republican sweep in the U.S. elections, and the investment implications.
This paper addresses the stabilization of S&P 500 earnings in the U.S. on the back of normalizing in growth and inflation, and the investment implications.
This paper discusses the consumption outlook and the related impact of the policy stimulus in China from the lens of Chinese households' balance sheets and their vulnerabilities.
This paper, written by Chaoping Zhu, discusses the stimulus measures adopted by Chinese policy makers in response to deflationary risks, and the need for clearer future plans amid economic uncertainties.
This article addresses the U.S. dollar's varied performance against Asian currencies and factors affecting various currencies' strength.
This paper, written by Marcella Chow and Jennifer Qiu, addresses the importance of quality fixed income in a diversified portfolio amid diverse economic and monetary policy landscapes.
This paper, written by Tai Hui, addresses the impact of Beijing's coordinated policies on the recent Chinese equity market rally, and the long-term investment implications.
This paper addresses the investment opportunities in ASEAN equities on the back of attractive valuations and robust income generation.
This paper, written by Kerry Craig, discusses the opportunities for investors in real estate markets on the back of expected decline in interest rates and bond yields.
In this piece, we compare the proposals of Vice-President Harris and former President Trump across taxes, trade and immigration, and the potential market implications of different election outcomes.
This paper addresses the historical impact of "soft landings" and "hard landings" on asset classes, and how investors can position themselves with Fed rate cuts looming.
This paper addresses the flexibility of Asian central banks to cut rates amidst easing inflation and robust recovery in currencies, and the investment implications on Asian equities and fixed income.
This paper addresses the underperformance of the South Korean market despite strong earnings outlook, improving corporate governance and regulatory reforms, and steady macroeconomic outlook.
This paper addresses how China has strengthened its self sufficiency in automobile and technology sectors, and the investment implications.
This paper discusses the 2Q24 U.S. earnings season, with the eagerly anticipated broadening out of earnings growth for the companies outside the Magnificent 7, and the investment implications.
This paper discusses the recent market volatility in the U.S. and Asia on the back of the release of the U.S. July jobs report and latest Federal Reserve commentary, and the investment implications.
This paper discusses the BoJ’s decision to hike rates and reduce the pace of its JGB purchases in its latest policy meeting, and the investment implications.
This paper discusses whether the strength of the rotation into U.S. small caps is premature given weak fundamentals.
This paper discusses the investment implications of the latest economic data release from China and the policy rate cut by the PBoC.
With the U.S. election approaching, potential U.S. policy changes are a key concern for global investors. After most U.S. elections, the MSCI EM Index has had positive performance in the 100 days following.
This paper discusses how improving economic data can convince the BoJ to normalize monetary policy, and help Japan's earnings growth to outpace the U.S. and Europe in 2024-25.
This paper discusses how corporate governance reforms in Asian markets can enhance earnings outlook, and the investment implications.
This paper addresses the concerns over market concentration in the S&P 500, and the investment implications.
This paper discusses trade tensions and the recent tariff impositions on China, and the investment implications.
This paper, written by Tai Hui, addresses why policy easing amid a soft landing backdrop should be positive for both equities and fixed income.
This paper, written by Kerry Craig, highlights the growing significance and potential risks of private credit markets in enhancing returns and diversification.
This paper, written by Marcella Chow, highlights the divergence in central bank monetary policies and its investment implications.
This paper discusses the election results in India, and the investment implications of short-term valuation challenges and long-term positive prospects.
This paper, written by Raisah Rasid and Jennifer Qiu, discusses the approach investors should take towards Asian equities to mitigate currency risks.
This paper, written by Dr. David Kelly and Jennifer Qiu, discusses investment implications of rising U.S. federal debt and widening deficits.
This paper discusses why U.S. 1Q24 earnings have been better than expected, and broadening profit growth should present opportunities outside of the Magnificent 7.
This paper discusses the broader outlook for inflation and the labor market, following the April jobs report in the U.S.
This paper, written by Marcella Chow, discusses the recent surges in gold and copper, and why commodity strategies can help protect portfolios when both stocks and bonds are correcting.
This paper discusses the expected delay in the Federal Reserve's rate cut cycle, and when the current wave of volatility could eventually subside.
This paper addresses the latest Chinese economic data and the factors that may contribute to China markets trending higher.
This paper discusses the relative valuation of European equities, and the factors that could suggest a more constructive outlook for the region's equity market.
This paper, written by Kerry Craig, addresses the current performance and outlook of private equity market with subdued exit activity.
Portfolio insights
Keep portfolios on course through fast-moving markets
Get instant portfolio analytics, side-by-side comparisons, historic stress tests, future scenarios, observations and client reports – all at no cost.
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
End of dialog window.
This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.
This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.
For more information, please call or email us. You can also contact your J.P. Morgan representative.
1800 576 100 (Application enquiries)
You appear to be located in:
United States
Do you want to be redirected?
Change to another country/region