Investor Presentaiton
JPM's Global Bond Opportunities Strategy overview
As at 31 May 2020
Key Characteristics
Geographic Distribution
Currency Exposure
Duration
5.59 years
(% market value)
100%
(% market value deviation from 100% USD)
USD
-3.8%
Empirical interest rate duration 3.99 years
CNH
80%
TRY
Yield to Maturity
3.67%
60%
51.2%
BRL
Average Rating
BBB
34.2%
DOP
40%
EUR
Fund Size
USD 5.18 billion
20%
9.1%
5.6%
RUB
CNY
Inception Date
IG/HY Breakdown
22 February 2013
63%/37%
0%
JPY
North
America
EMEA
Asia Pacific
LatAm
0%
-0.9%
-0.5%
0.1%
0.2%
1.0%
3.9%
6%
Sector Distribution (% Market Value)
Cash/Gov't
17.9%
30%
Credit:
39.9%
23.3%
20%
15.3%
7.9%
(Net)*
5.7%
(Net)*
10%
2.6%,
3,0%
1.0%
-10%
Cash
Govt
US HY Non-US Convert. IG Corp.
Corp. HY Corp. Bonds
EMD:
13.7%
Securitised:
16.8%
6.7%
(Net)
4.2%
6.2%
3.4%
2.8%
2.4%
1.9%
1.3%
EMO EMD
Local Sov
EMD
Corp
ABS
Non-Ag Agency CMBS Covered CLO
MBS MBS
Bonds
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. 1.Empirical interest rate duration calculated on daily rolling 1 year data, EMD Emerging Market Debt, MBS: Mortgage Backed Securities, CMBS: Commercial
Mortgage Backed Securites, ABS: Asset Backed Securities, CLO: Collateralized Loan Obligation, 10: Investment Grade, HY: High Yield. "Net exposure consists of cash bonds and Credit Default
Swap/Credit Default Swap Index. **Govt includes: Australia, Canada, Germany, Cyprus, Greece, Italy, Portugal, Spain, and United States. Yield is not guaranteed and may change over time.
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