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CLI JUPITER MERLIN INCOME - Fund overview

No Bestinvest rating


Overview of CLI JUPITER MERLIN INCOME

This is an income focused fund of funds, which also has the potential for capital growth, investing mainly in equities and bonds. Manager John Chatfeild-Roberts distinguishes himself from other fund of fund managers by aiming to achieve returns primarily through asset allocation. His main role is to determine the direction of markets and then to identify those fund managers that can best exploit the predicted conditions. Whilst investments are predominantly in the UK there is some overseas exposure.

Standard Initial Charge

No data available.

Fund summary

Sector  –
Product type  INSURANCE BOND
Launched  –
Size  –
Yield 0.0%
Charging basis  –
Dividends paid  –
Bid price 124.90p

Fund Charges

Standard Initial charge
Initial charge via Bestinvest
Additional bid/offer spread 0.00%
Annual management charge
Total expense ratio
Reduction in yield (10yr) 0.00%

Bestinvest says


Jupiter's fund of funds team have proven themselves to be one of the best in the industry over a long period of time. The team have been together for over a decade and have proven astute judges of the economic environment during that time, participating in rising markets but perhaps more importantly providing some protection for investors' capital during times of trouble.

Portfolio

cli jupiter merlin income asset allocation illustration
Allocation Proportion
Equity 46%
High yield bonds 10%
Quality bonds 33%
Property 0%
Commodities 8%
Hedge 0%
Fund cash 3%
cli jupiter merlin income equity geographic illustration
Allocation Proportion
UK 72%
Europe 1%
Nth America 1%
Japan 0%
Pacific 16%
Other Equity 10%
cli jupiter merlin income equity capitalisation illustration
Allocation Proportion
Large Caps 68%
Mid Caps 24%
Small Caps 8%

Investment process


The fund's objective is to achieve a high and rising income with some potential for capital growth by investing predominantly in unit trusts, OEICs, Exchange Traded Funds and other collective investment schemes across several management groups. The underlying funds invest mainly in equities and fixed interest stocks, although there is likely to be some exposure to commodities and property with a bias to the UK.
The manager and his two experienced analysts determine their view on the direction of the economy and markets, which is then reflected within the managers they chooses for the fund. Chatfeild-Roberts subscribes to the view that the majority of added value from fund of fund products comes from having a view as to “what will happen next”. Historically he has moved aggressively into cash during adverse market conditions.
Fund selection includes both quantitative and qualitative analysis, with around 100 fund manager meetings taking place each year. Funds are selected for the portfolio on a majority team basis.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Bestinvest (Brokers) Ltd & Bestinvest (Consultants) Ltd are authorised and regulated by the Financial Services Authority. This site is for UK Investors only

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