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Evenlode Income - New rating

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Newton Global Income - Upgraded

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Jupiter Asian Income

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Jupiter Asian Income - New rating

The fund aims to generate income and capital growth over the long-term. The fund manager Jason Pidcock will use his deep knowledge of high-yielding Asian stocks by bringing together a portfolio of his highest-conviction ideas from across the Asia ex Japan region. The portfolio is unconstrained and fairly concentrated (40-50 high liquid stocks). The strategy aims to have a yield that is at least 20% higher than that of its benchmark index.

The manager with a solid track record, Pidcock fits into Jupiter's autonomous managers' culture perfectly. He is very experienced, having invested in Asian equities for over 20 years, and managed the Newton Asian Income fund for 10 years since launch. Having an income tilt, the fund's focus on total return would appeal to a wide range of investors, seeking to benefit from structural growth trends in Asia.

We have assigned the 3 star rating to this fund based on the experience of the manager, his good access to Jupiter wider resource and high motivation to perform.

The value of investments, and the income derived from them, can go down as well as up and you can get back less than you originally invested. Different funds carry varying levels of risk depending on the geographical region and industry sector in which they invest. You should make yourself aware of these specific risks prior to investing. Underlying investments in emerging markets are generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could both increase or decrease. These investments therefore carry more risk. Current or past yield figures provided should not be considered a reliable indicator of future performance. This is not advice to invest.