What can the JPMorgan Global Bond Fund actually invest in?
The fund's Statement of Investment Policy and Objectives (SIPO) defines the asset classes it can hold and the allowable target / min / max weights for each.
Strategic asset allocation ranges
| Asset class | Target | Min | Max |
|---|---|---|---|
| International fixed interest | 100% | 95% | 105% |
| Cash and cash equivalents | — | -5% | 5% |
Mandate flexibility (sum of max − min across all ranges): 20%. Narrow range — index-tracking style with limited drift.
Responsible-investment approach
JPMorgan uses an 'ESG Promote' approach in the Underlying Fund. Further information is available in the Underlying Fund's current prospectus and JPMorgan's exclusion policy and 'Approach to EU MiFID Sustainability Preferences'.
Derivatives policy
The Fund may use financial derivative instruments limited to forward foreign exchange transactions (including non-deliverable forward foreign exchange transactions) and currency hedging instruments. Derivatives will be used to achieve fund objectives.