10 years of income and returns
Since its inception about a decade ago, the JPMorgan Income Fund has sought to provide investors with a consistent income stream1, by investing opportunistically across a wide range of bond sectors while actively managing credit and interest rate risks2.
Through the years, the Fund has grown to become one of the largest fixed income strategies within the Morningstar USD flexible bond fund category3 and has also achieved robust returns by harnessing a broad-based, globally unconstrained and flexible approach to bond investing.
Let’s look at what the Fund has achieved over the last 10 years.
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Provided for information only based on market conditions as of date of publication, not to be construed as offer, investment recommendation or advice. Forecasts, projections and other forward looking statements are based upon current beliefs and expectations, may or may not come to pass. They are for illustrative purposes only and serve as an indication of what may occur. Given the inherent uncertainties and risks associated with forecast, projections or other forward statements, actual events, results or performance may differ materially from those reflected or contemplated.
Diversification does not guarantee investment return and does not eliminate the risk of loss. Yield is not guaranteed. Positive yield does not imply positive return.
JPMorgan Income Fund is the marketing name of the JPMorgan Funds - Income Fund.
- The manager seeks to achieve the stated objectives. There can be no guarantee the objectives will be met.
- The portfolio risk management process includes an effort to monitor and manage risk, but does not imply low risk.
- Source: Morningstar, J.P. Morgan Asset Management. Data as of 31.05.2024. Total fund size of the SICAV range: US$10.2 billion. Morningstar USD Flexible Bond Category.
- Source: Bloomberg. Data as of 31.05.2024. Share class: A (mth) – USD. Inception date: 19.12.2014. Yield is not guaranteed. Positive yield does not imply positive return. Past performance is not indicative of current or future results.
- Positive distribution yield does not imply positive return. Yield is not guaranteed. Past performance is not indicative of current or future results.
- Source: Morningstar, J.P. Morgan Asset Management. Data as of 31.05.2024. Peer group refers to Morningstar USD Flexible Bond Category. Volatility based on monthly data. Inception date: 02.06.2014. Share class: A (acc) – USD. A (acc) - USD share class return NAV to NAV in USD with income reinvested. Calendar year and YTD return: 2020 +3.0%; 2021 +2.2%; 2022 -8.2%; 2023 +4.9%; 2024 YTD +1.7%. Past performance is not indicative of future performance.
- Duration is a measure of the sensitivity of the price (the value of the principal) of a fixed income investment to a change in interest rates and is expressed as number of years.
- High-yield credit refers to corporate bonds which are given ratings below investment grade and are deemed to have a higher risk of default. Yield is not guaranteed. Positive yield does not imply positive return.
- Source: J.P. Morgan Asset Management. Data as of 31.05.2024. Share class: A (acc) – USD. Inception date: 02.06.2014. Benchmark: Bloomberg US Aggregate Bond Index (Total Return Gross). Past performance is not indicative of current or future results.
- Source: Bloomberg, J.P. Morgan Asset Management. Data as of 31.05.2024. Past performance is not indicative of current or future results.
- Asian Private Banker Asset Management Awards for Excellence are issued by Asian Private Banker in 2024, reflecting product performance, business performance, service competency, branding and marketing as at end-December 2023.
- The LSEG Lipper Fund Awards Singapore 2024 is issued by LSEG Lipper (previously known as 'Refinitiv Lipper') in the year specified, reflecting performance as at the previous calendar year end. LSEG Lipper Fund Awards, © 2024 LSEG.
This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. It does not constitute investment advice, or an offer to sell, or a solicitation of an offer to buy any fund, security, investment product or service. Informational sources are considered reliable but you should conduct your own verification of information contained herein. Investments involve risks. Investments in funds are not deposits and are not considered as being comparable to deposits. Past performance is not indicative of future performance and investors may not get back the full or any part of the amount invested. Dividend distributions if any are not guaranteed and are made at the manager’s discretion. Fund’s net asset value may likely have high volatility due to its investment policies or portfolio management techniques. The value of the units in the scheme and the income accruing to the units, if any, may fall or rise. Funds which are invested in emerging markets, smaller companies and financial derivative instruments may also involve higher risks and are usually more sensitive to price movements. Any applicable currency hedging process may not give a precise hedge and there is no guarantee that any hedging will be successful. Investors in a currency hedged fund or share class may have exposure to currencies other than the currency of their fund or share class. Investors should make their own investigation or evaluation or seek independent advice prior to making any investment. Please refer to the Singapore Offering Documents (including the risk factors set out therein) and the relevant Product Highlights Sheet for details at https://am.jpmorgan.com/sg/en/asset-management/per/. To the extent permitted by applicable law, we may record telephone calls and monitor electronic communications to comply with our legal and regulatory obligations and internal policies. Personal data will be collected, stored and processed by J.P. Morgan Asset Management in accordance with https://am.jpmorgan.com/sg/en/asset-management/per/privacy-statement/. Issued by JPMorgan Asset Management (Singapore) Limited (Co. Reg. No. 197601586K). All rights reserved.