Seeking only the best income opportunities from around the globe, the Fund aims to provide investors with a consistent and potentially attractive income with a traditional balanced risk profile.

^The investment objective of the Fund is to provide regular income by investing primarily in a portfolio of income-generating securities globally, and through the use of derivative instruments. Past performance is not indicative of future results. Dividend distributions, if any, are not guaranteed and are made at the manager’s discretion. The Fund seeks to achieve its investment objectives stated in the offering documents, there can be no guarantee the objectives will be met. Investors should review the fund offering document(s) before investing.

Delivering our highest-conviction ideas into a single portfolio, the Fund draws on J.P. Morgan Asset Management’s global platform to invest flexibly in income-producing securities across regions, asset classes and capital structures.

It is important to understand that with the ever-changing market environment, there is not one single asset class that can consistently outperform every year. But investing in a diversified* portfolio over the longer term can help generate a more stable risk and return profile compared to holding only one asset class.

The Fund uses a global unconstrained approach and invests in more than 2,500 securities¹ around the world in a highly-diversified portfolio. This allows our portfolio managers and asset class specialists to seek best sources of income while diversifying* risks.

Asset class returns

Source: J.P. Morgan Asset Management. The Fund is an actively managed portfolio. Holdings, sector weights, allocations and leverage, as applicable, are subject to change at the discretion of the investment manager without notice. As at 31.10.2021.

Investments involve risk. Not all investments are suitable for all investors. Please seek financial advice before investing. Securities rated below investment grade are considered high-yield / below investment-grade. Although they might provide higher yields than higher-rated securities, they could carry risk.

* Diversification does not guarantee positive returns and does not eliminate risk of loss.

1. Indicative range, subject to change from time to time.

This table summarises the key differences of each dividend policy currently available to Singapore investors of the JPMorgan Global Income Fund.

Dividend rate is determined at the sole discretion of the management company and is subject to change from time to time. Past payout yields and payments do not represent future payout yields and payments. Positive distribution yield does not imply positive return. Dividend is not guaranteed. Please refer to further income disclosures on https://am.jpmorgan.com/sg/en/asset-management/per/.

1. Estimated annual yield is a forward looking estimate of the yield generated by the fund’s portfolio, on a gross basis.
2. What is the dividend policy of the (icdiv) share class?
The Management Company sets a pre-determined annual percentage of NAV per Share (“Dividend Rate”) to be paid as a monthly dividend that is not linked to income or capital gains. This annual percentage is based on (i) prevailing investor demand in the region where the share class is distributed and (ii) Sub-Fund level considerations. The rate is reviewed on an ongoing basis and takes in reference factors such as prevailing market and relevant payout rates in the competitive landscape.
3. What is the expected range of Dividend Rate and where can I find information about this rate?
There is no range that the Management Company targets to meet. It is the aim to pay dividends based on a pre-determined annual percentage of NAV per Share that is not linked to income or capital gains. The Management Company has the sole discretion to amend this rate from time to time. (Please refer to 2. on how the rate is determined). The pre-determined Dividend Rate is not publicly available. Upon distribution, the breakdown of distributions will be made available on http://am.jpmorgan.com/sg/en/asset-management/per/resources/forms-literature/ through the Dividend Information report.

Our new JPMorgan Global Income Fund (icdiv) share class is expected to include dividend distribution from capital as well as the gains of the share class. This ‘income and capital dividend’, or icdiv share class will have a consistent dividend distribution mechanism, presenting more flexibility with capital planning for investors seeking consistent income.

The (icdiv) share class is designed to help investors achieve their objectives by converting some of the shares in JPMorgan Global Income Fund into cash.

Try this illustrative calculator to understand the (icdiv) share class.

Interactive calculator >