Jupiter Merian Global Equity R

Investment Process

This is a portfolio of predominantly large-cap stocks offering core exposure to the global equities sector. The fund aims to achieve long-term capital growth through a diversified portfolio of global companies and will typically hold around 500 securities. The investment strategy is based around a quantitative model which employs a blend of value, growth, momentum and quality. Factor exposures will vary over time depending on the prevailing market environment. Stock selection is driven by five factors including dynamic valuation, sustainable growth, analyst sentiment, company management and market dynamics. The investment process was enhanced post 2008 allowing the strategy to become more dynamic, such that prevailing market conditions / regime changes and outlook could be incorporated. The fund will typically not invest in emerging markets, REITs and IPOs. The fund is constrained at the sector level (+/-5%), whilst individual stock holdings may not exceed 0.5% on a relative basis. The fund is run on a team basis by Ian Heslop, Amadeo Alentorn and Mike Servent who have worked together since 2005.