CLOSE

JPMORGAN GLOBAL ALLOCATION FUND

There’s growth to be found when you know where to look.

With access to the entirety of J.P. Morgan’s global investment platform, the Global Allocation Fund searches worldwide to maximize total return, while also managing risk.

Fund Story   Quarterly Fact Sheet   Download Our Asset Allocation Views  

HIGHLIGHTS

CUMULATIVE RETURNS SINCE INCEPTION, SELECT SHARES (5/31/11 – 3/31/16)

Source: J.P. Morgan Asset Management. Data as of 3/31/16. Shown for illustrative purposes only. Past performance is no guarantee of future results. * World Allocation Average.

Key points

  • With broad allocation ranges, this flexible, capital appreciation-oriented solution represents J.P. Morgan’s highest-conviction ideas across asset classes.
  • A single-point access to the best of J.P. Morgan’s broad global investment platform.
  • The Fund has generated more than double the returns of the Morningstar World Allocation Category average.
  • Top-quintile performance for the three-year period.1
  • Outperformed the composite benchmark 70% of the time over rolling 3-year periods since inception.2

1 Source: Morningstar as of 3/31/16. Select Shares. Ranked for the following time periods: one-year (326/555 funds), three-year (76/476 funds). Five- and 10-year periods n/a.
2For Select Shares as of 3/31/16


Adapts as markets evolve

In today’s diverse global markets, the Fund’s flexible approach allows it to seek attractive total-return opportunities—wherever and whenever they occur.

The team leverages the strength of J.P. Morgan’s global investment platform by allocating across asset classes and selecting the best investments depending upon their current market views. Broad investment ranges enable the team to deploy their best ideas for growth and return across any market environment. The result is a diversified portfolio that expresses J.P. Morgan’s prevailing views on the global economy.

ACTIVE ASSET ALLOCATION

Source: J.P. Morgan Asset Management. Data as of 3/31/16.

Total return investing demands flexibility

Jeff Geller, Portfolio Manager for the JPMorgan Global Allocation Fund, discusses the opportunity set for total return investors, as well as his team's investment approach.

Performance

Performance widget loading ...

Insights


Live Videocast: Market Outlook and Portfolio Positioning

Join John Bilton, Head of Global Multi-Asset Strategy, and Jeff Geller, CIO of Multi-Asset Solutions, as they review J.P. Morgan's 2nd quarter 2016 Asset Allocation Views which include key themes, macro implications and how they impact asset classes in the intermediate-term horizon.

View Replay

Asset allocation views for the second quarter of 2016

March 14, 2016

John Bilton, Head of Global Multi-Asset Strategy, discusses key findings from the Multi-Asset Solution strategy summit including global policy divergence, low inflation, and supply side weakness.

Fees and Investment Minimums

Fees widget loading ...

Portfolio

Portfolio widget loading ...

Management

Fund Managers

About the team

Leverages a team of over 100 J.P. Morgan Multi-asset investment professionals worldwide:

  • Includes 37 CFA charterholders, 22 MBAs, 6 PhDs.
  • Access to a fund platform with 1.8 trillion in global assets under management.
  • Invested for the world’s largest institutions and wealthiest individuals for over 40 years
  • Lead portfolio manager Jeff Geller has 37 years of industry experience with 9 at J.P. Morgan
Loading...

Disclaimer

Please refer to the prospectus for additional information about cut-off times.

Total return assumes reinvestment of income.

The MSCI World Index (net of foreign withholding taxes) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. Total return figures assume the reinvestment of dividends. The dividend is reinvested after deduction of withholding tax, applying the maximum rate to nonresident individual investors who do not benefit from double taxation treaties. An individual cannot invest directly in an index.

The Barclays U.S. Aggregate Index is an unmanaged index that represents securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. An individual cannot invest directly in an index.

The Global Allocation Composite Benchmark is a composite benchmark comprised of unmanaged indexes that includes 60% MSCI World Index (net of foreign withholdings taxes) and 40% Barclays U.S. Aggregate Index. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. Total return figures assume the reinvestment of dividends. An individual cannot invest directly in an index.

The performance of the Lipper Flexible Portfolio Funds Index includes expenses associated with a mutual fund, such as investment management fees. These expenses are not identical to the expenses charged by the Fund. An individual cannot invest directly in an index.

The performance of the Lipper Alternative Global Macro Funds Index includes expenses associated with a mutual fund, such as investment management fees. These expenses are not identical to the expenses charged by the Fund. An individual cannot invest directly in an index.

Total return assumes reinvestment of dividends and capital gains distributions and reflects the deduction of any sales charges, where applicable. Performance may reflect the waiver of a portion of the Fund's advisory or administrative fees and/or reimbursement of certain expenses for certain periods since the inception date. If fees had not been waived and/or certain expenses were not reimbursed, performance would have been less favorable.

©2016, American Bankers Association, CUSIP Database provided by the Standard & Poor's CUSIP Service Bureau, a division of The McGraw-Hill Companies, Inc. All rights reserved.
©2016, Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar Rating™ metrics are calculated monthly by subtracting 90-day Treasury return from the fund's load-adjusted return and adjusting for risk. Stars are awarded as follows: top 10% of funds, 5 stars; next 22.5%, 4 stars; next 35%, 3 stars; next 22.5%, 2 stars; bottom 10%, 1 star. Morningstar Ratings are based on 3, 5 and 10 year metrics. Different share classes may have different ratings.
Investments in bonds and other debt securities will change in value based on changes in interest rates. If rates rise, the value of these investments generally drops.

Securities rated below investment grade are considered "high-yield," "non-investment grade," "below investment-grade," or "junk bonds." They generally are rated in the fifth or lower rating categories of Standard & Poor's and Moody's Investors Service. Although these securities tend to provide higher yields than higher rated securities, they tend to carry greater risk.

International investing bears greater risk due to social, economic, regulatory and political instability in countries in "emerging markets." This makes emerging market securities more volatile and less liquid developed market securities. Changes in exchange rates and differences in accounting and taxation policies outside the U.S. can also affect returns.

Investments in derivatives may be riskier than other types of investments. They may be more sensitive to changes in economic or market conditions than other types of investments. Many derivatives create leverage, which could lead to greater volatility and losses that significantly exceed the original investment.
Total return assumes reinvestment of income.

The top 10 holdings listed reflect only the Fund's long-term investments. Short-term investments are excluded. Holdings are subject to change. The holdings listed should not be considered recommendations to purchase or sell a particular security. Each individual security is calculated as a percentage of the aggregate market value of the securities held in the Fund and does not include the use of derivative positions, where applicable.

P/E ratio: the number by which earnings per share is multiplied to estimate a stock's value.

P/B ratio: the relationship between a stock's price and the book value of that stock.

EPS: Total earnings divided by the number of shares outstanding.