JPM CAUTIOUS TOTAL RETURN A - Fund overview
No Bestinvest rating
Find rated mixed investment 20-60% shares funds
Overview of
JPM CAUTIOUS TOTAL RETURN A
The fund aims to produce over the medium term a return that is 3 percentage points higher than cash, as measured by Libor (the rate at which banks lend to each other). At least 50 per cent of the portfolio will be in cash or government bonds, with the rest in equities and convertible bonds. Given the fact that government bonds are currently yielding less than Libor these targets seem pretty hard to achieve. If half the fund earns Libor this this would mean that the risky part of the portfolio would need to achieve at least Libor +6% (at current rates). This seems a tall order given that long-term real return from equities is about 6-7 per cent a year.
Standard Initial Charge
4.25% 0.00%
Invest via Bestinvest
to save 4.25%
Fund summary
| Sector |
Mixed Investment 20-60% Shares
|
| Product type |
OEIC
|
| Launched |
July, 2005
|
| Size |
£562m
|
| Yield |
0.9%
|
| Charging basis |
–
|
| Dividends paid |
31/1, 30/4, 31/7, 31/10
|
| Bid price(inc) |
49.73p |
| Bid price(acc) |
55.80p |
Fund Charges
|
Standard Initial charge
|
4.25%
|
|
Initial charge via Bestinvest
|
0.00%
|
|
Additional bid/offer spread
|
0.00%
|
|
Annual management charge
|
1.25%
|
|
Total expense ratio
|
1.43%
|
|
Reduction in yield (10yr)
|
1.43%
|