Morningstar® Fund Report™|29/09/2025
JPMorgan Global Bond Fund(USD)
Performance History 31/08/2025
Growth of 1,000(USD)
Fund -0.97 -11.17 5.76 2.98 2.52
+/-Cat 0.47 -0.56 -0.80 -0.08 -1.24
+/-Idx 0.72 1.33 -0.98 -0.18 -0.63
Category: Global Diversified Bond - USD Hedged
Index: Morningstar Global Core Bond GR Hedged USD
Trailing Returns 25/09/2025
Fund +/-Idx
YTD 3.03 -0.81
3 Years 11.58 -1.40
5 Years 0.32 1.17
10 Years 20.72 -2.12
12 Month Yield -
Dividend Paying Frequency Monthly
Key Stats
Morningstar Category
Global Diversified Bond - USD Hedged
Morningstar Rating™
ISIN
HK0000244407
NAV 25/09/2025
USD 8.0600
Day Change
-0.25%
Total Net Assets (mil)
29/08/2025
USD  4568.20
Front Load Fee
3.00%
Deferred Load Fee
-
Manager Name
Jason Pang
Arjun Vij
Inception Date
13/05/2015
Benchmark
Fund Benchmark
Bloomberg Gbl Agg Ex Securitized TR HUSD
Morningstar® Benchmark
Morningstar Global Core Bond GR Hedged USD
Investment strategy
The investment policy of the Fund aims to achieve a return in excess of global bond markets by investing primarily in global investment grade debt securities.
Portfolio Profile 31/08/2025
Morningstar Style Box®_Morningstar:
Fixed Income Style
Asset Allocation %
% Long % Short % Net Assets
Stocks 0.00 0.00 0.00
Bonds 98.60 0.13 98.47
Cash 3.77 2.78 0.99
Other 0.53 0.00 0.53
Top 5 Holdings %
United Kingdom of Great Britain and Northern Ireland 4.5% 6.05
Italy (Republic Of) 3.65% 4.20
France (Republic Of) 2.7% 3.35
Italy (Republic Of) 2.95% 3.14
China (People's Republic Of) 2.04% 2.81
Fixed Income
Effective Maturity (Y) -
Effective Duration -
Average Credit Quality -
Return Charts
3 Months 6 Months 1 Year 3 Years 5 Years 10 Years
Index Currency
UPDATE
Fund: JPMorgan Global Bond Fund(USD)
Index: Please select ...
Annual Returns 31/08/2025
2018 2019 2020 2021 2022 2023 2024 2025
Total Return 0.25 8.65 5.82 -0.97 -11.17 5.76 2.98 2.52
+/- Category -0.20 1.13 0.54 0.47 -0.56 -0.80 -0.08 -1.24
+/- Index -1.62 0.58 0.03 0.72 1.33 -0.98 -0.18 -0.63
% Rank (Rel to Cat) 59 27 45 29 46 70 56 61
Trailing Returns 25/09/2025
Total Return +/- Category +/- Index
1 Day -0.25 -0.26 -0.17
1 Week -0.37 -0.20 -0.27
1 Month 0.67 0.08 -0.30
3 Months 1.40 0.13 -0.25
6 Months 2.94 -0.44 -0.02
YTD 3.03 -1.21 -0.81
1 Year 1.88 -1.68 -0.76
3 Years 11.58 -5.18 -1.40
5 Years 0.32 -2.87 1.17
10 Years 20.72 -2.38 -2.12
Quarterly Returns 31/08/2025
Quarter 1 Quarter 2 Quarter 3 Quarter 4
2025 0.51 1.39 - -
2024 0.08 -0.33 4.20 -0.93
2023 2.28 -0.33 -2.03 5.90
2022 -3.96 -5.12 -2.83 0.32
Dividend 25/09/2025
12 Month Yield -
2025 0.35
2024 0.50
2023 0.40
2022 0.31
Morningstar Rating™ 31/08/2025
3-Year
5-Year
10-Year
Overall
Volatility Measurements 31/08/2025
1-Yr Volatility 3.37%   3-Yr Volatility 4.75%
1-Yr MaximumDrawdown -1.62% 3-Yr MaximumDrawdown -3.18%
1 Yr Sharpe Ratio -0.51 3-Yr Sharpe Ratio -0.40
3-Yr Mean Return 0.25%
Fixed Income Style 31/08/2025
Morningstar Style Box®_Morningstar:
Fixed Income Style
Maturity Distribution %
1 To 3 4.64
3 To 5 19.29
5 To 7 17.78
7 To 10 29.26
10 To 15 5.45
15 To 20 4.77
20 To 30 15.34
Over 30 0.91
Effective Maturity (Y) -
Effective Duration -
Average Credit Quality -
Credit Quality Breakdown % %
AAA 37.41 BB 0.07
AA 16.98 B 0.00
A 35.62 BelowB 37.41
BBB0.00 Not Rated 0.00
AssetAllocation 31/08/2025
Asset Allocation
% Long % Short % Net Assets
Stocks 0.00 0.00 0.00
Bonds 98.60 0.13 98.47
Cash 3.77 2.78 0.99
Other 0.53 0.00 0.53
Top 10 Holdings 31/08/2025
Portfolio
Total Number of Equity Holdings 0
Total Number of Bond Holdings 354
Assets in Top 10 Holdings % 39.65
Product Name Sector Country/Region % of Assets
United Kingdom of Great Britain and Northern Ireland 4.5% United Kingdom 6.05
Italy (Republic Of) 3.65% Italy 4.20
France (Republic Of) 2.7% France 3.35
Italy (Republic Of) 2.95% Italy 3.14
China (People's Republic Of) 2.04% China 2.81
United States Treasury Notes 1.625% United States 2.79
United States Treasury Bonds 4.75% United States 2.30
United States Treasury Notes 1.625% United States 2.30
Spain (Kingdom of) 3.2% Spain 1.88
China (People's Republic Of) 2.28% China 1.74
Management Team
CompanyName JPMorgan Funds (Asia) Limited
Phone (852) 2265 1188
Website www.jpmorgan.com.hk
Address 21st Floor, Chater House
8 Connaught Road Central


 
Domicile HKG
Legal Structure Unit Trust
UCITS No
Inception Date 13/05/2015
Fund Advisor(s)
JPMorgan Asset Management (Asia Pacific)
Fund Manager   Jason Pang
Manager Start Date   26/02/2018
Education  
Biography  
Jason Pang, executive director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Hong Kong, Jason is a portfolio manager for the Asian Fixed Income team and is responsible for local rates and FX. Prior to joining the firm in 2016, he was a portfolio manager with similar focus at AXA IM and HSBC Global Asset Management. From 2006 to 2013, Jason worked for UBS in Hong Kong and occupied a number of roles within the wholesale distribution team before becoming a portfolio manager in 2010. Jason holds a B.S. double major in actuarial science and economics from the University of Toronto and is a holder of the CAIA and FRM designations.
Fund Manager   Arjun Vij
Manager Start Date   03/11/2017
Education  
University of Chicago
Biography  
Arjun Vij, CFA, vice president, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Hong Kong, he is a portfolio manager on the Global Aggregate Strategies team and manages the J.P. Morgan Bond Fund. He is also responsible for managing multi-sector bond portfolios for Asian institutional clients, and customized credit portfolios for private clients. Previously, while based in London, he structured liability-aware portfolios for European insurance companies, and while based in Columbus, Ohio, he assisted in managing customized credit portfolios for US-based pension plans. Arjun obtained a B.A. in economics from the University of Chicago, is a CFA charterholder and holds the Investment Management Certificate from the UK society of Investment Professionals.
Fees and Expenses
Sales Charges (Maximum)
Front Load Fee 3.00%
Deferred Load Fee -
Switching Fee 1.00%
Annual Charge
Management (Max) 0.80%

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