JPMorgan Life Diversified Growth Fund

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JPMorgan Life Diversified Growth Fund
For Professional Clients/Qualified Investors only - not for Retail use of distributions
FACTSHEET 30 JUNE 2017
JPMorgan Life Diversified Growth Fund
Class: JPMorgan Life Diversified Growth Fund Class 1
Fund overview
ISIN
GB00B16MXP20
Sedol
B16MXP2
Performance
Bloomberg
JPMLDG1 LN
Reuters
GB00B16MXP20.LUF
Fund description: The JPMorgan Life Diversified Growth Fund (the 'Fund') is a
pooled life fund for pension schemes. The Fund aims to achieve long
long­­term
capital growth for clients by investing directly or indirectly in a diversified mix of
asset classes including global equities (including private equity), property,
absolute return funds and high yield bonds. The Fund may also hold derivatives.
The Fund is well diversified and, under normal circumstances, is fully invested,
with cash holdings kept to a minimum.
Fund manager(s)
Katy Thorneycroft
Jonathan Cummings
Peter Malone
Share class
currency GBP
Client portfolio
manager(s)
Nicola Rawlinson
Hannah Sparrow
NAV GBP 19.71
Fund reference
currency GBP
1 Class: JPMorgan Life Diversified Growth Fund Class 1
2 Benchmark: ICE 1 Month GBP LIBOR
GROWTH OF GBP 100,000(in thousands) Calendar years
Domicile United Kingdom
Annual charge 0.00%
Fund assets
GBP 100.9m
Fund launch
1 Jun 2006
Class launch
30 Jun 2006
30 Jun 2012
30 Jun 2017
QUARTERLY ROLLING 12­MONTH PERFORMANCE (%)
As at June 2017
2012/2013
15.66
13.39
2013/2014
9.30
7.83
2014/2015
7.23
2.79
2015/2016
4.26
0.28
2016/2017
13.00
0.28
RETURN (%)
1 month
0.38
0.02
3 months
2.41
0.06
1 year
13.00
0.28
3 years
8.10
1.11
ANNUALISED
5 years
10 years
9.81
5.94
4.79
3.42
PORTFOLIO ANALYSIS
PERFORMANCE DISCLOSURES
Past performance is not a guide to current and future performance. The
value of your investments and any income from them may fall as well as
rise and you may not get back the full amount you invested.
Source: J.P. Morgan Asset Management. Performance is gross of fees. This
means that the actual performance will be less than that shown as gross
performance does not reflect the effect on performance of fees and charges
associated with investment in this fund. All fund performance is based on close
of business month end NAV per share. All JPM Life Funds are valued daily and
have a single price per share class. All prices are quoted on JPMorgan's website.
See the material risks, general disclosures and definitions on page 2.
Measurement
Correlation
Alpha (%)
Beta
Annualised volatility (%)
Sharpe ratio
Information ratio
3 years
0.82
6.92
1.05
6.20
1.26
1.91
5 years
0.87
4.79
1.04
6.29
1.48
1.55
PAGE 2 OF 2 | FACTSHEET | 30 JUNE 2017
Class: JPMorgan Life Diversified Growth Fund Class 1
Holdings
TOP 10
% of assets
JPM Global Research Enhanced Index Equity Fund
JPM Global High Yield Bond Fund
JPM Systematic Alpha Fund
JPM Global Government Bond Fund
JPM Global Corporate Bond Fund
iShares Dev. Mkts. Prop. Yield
JPM Life All
All­­Emerging Markets Equity Fund
ICG Enterprise Trust
HG Capital Trust
HarbourVest Global Private Equity
41.1
14.0
8.5
6.4
4.1
4.0
3.6
3.1
3.0
2.8
ASSET CLASS (%)
The value of your investments may fall as well as
rise and you may get back less than you originally
invested.
The value of equity and equity-linked securities
may fluctuate in response to the performance of
individuals companies and general market
conditions.
The value of bonds and other debt securities may
change significantly depending on market,
economic and interest rate conditions as well as
the creditworthiness of the issuer. Issuers of
bonds and other debt securities may fail to meet
payment obligations (default) or the credit rating
of bonds and other debt securities may be
downgraded. These risks are typically increased
for high yield bonds which may be more difficult to
sell than investment grade bonds.
The Fund may invest in contingent convertible
securities. A Fund investing in contingent
convertible securities may be adversely impacted
should specific trigger events occur (as specified
in the terms of the security) and may be at
increased risk of capital loss. This may be as a
result of the security converting to equities at a
discounted share price, the value of the security
being written down, temporarily or permanently,
and/or coupon payments ceasing or being
deferred.
Emerging markets may be subject to increased
political, regulatory and economic instability, less
developed custody and settlement practices, poor
transparency and greater financial risks. Emerging
market currencies may be subject to volatile price
movements. Emerging market securities may be
also subject to higher volatility and be more
difficult to sell than non-emerging market
securities.
The Fund invests in securities of smaller
companies which may be more difficult to sell,
more volatile and tend to carry greater financial
GENERAL DISCLOSURES
Before investing, obtain and review the current
Policy Terms and Conditions and Life Fund
Guidelines for this fund which are available
from JPMorgan Asset Management Marketing
Limited.
This material should not be considered as advice or
an investment recommendation. Fund holdings
and performance are likely to have changed since
the report date. No provider of information
presented here, including index and ratings
information, is liable for damages or losses of any
type arising from use of their information.
Information from communications with you will be
recorded, monitored, collected, stored and processed
consistent with our EMEA Privacy Policy (available
at jpmorgan.com/pages/privacy).
For Class 1 the annual charge is invoiced outside of
the fund.
INFORMATION SOURCES
JPMorgan Life Limited is part of J.P. Morgan Asset
Management group and is authorised by the
Prudential Regulation Authority and regulated by
the Financial Conduct Authority and the Prudential
Regulation Authority. Registered in England No.
3261506. Registered address: 25 Bank Street,
Canary Wharf, London E14 5JP.
ISSUER
JPMorgan Asset Management Marketing Limited
Registered address: 25 Bank Street, Canary Wharf
London E14 5JP, United Kingdom. Authorised and
regulated by the Financial Conduct Authority.
Registered in England No. 288553.
Key risks
Due to a delay in the calculation of this benchmark,
returns will be updated once available.
Prior to 01/04/16 the benchmark was 50% MSCI All
Country World Index (Net) / 15% BBA 1 Month GBP
LIBOR / 10% BofA Merrill Lynch US High Yield
Master II Constrained Index Hedged to GBP / 10%
S&P GS Commodity Index (Net) / 7.5% FTSE
EPRA/NAREIT Developed Index (Net) Hedged to
GBP / 7.5% IPD Monthly Balanced Index (Gross)
0903c02a81d900b0
DEFINITIONS
NAV Net Asset Value of a fund
fund’’s assets less its
liabilities per unit.
Correlation measures the relationship between
the movement of the fund and its benchmark. A
correlation of 1.00 indicates that the fund perfectly
matched its benchmark.
51.8
15.7
8.9
8.5
4.1
4.0
Global Equity
High Yield
Private Equity
Absolute Return
IG Corp Bonds
Global REITs
Government
Bonds
2.1 Convertibles
1.7 Cash
3.2
risk than securities of larger companies.
Companies listed on AIM tend to be smaller and
early stage companies and may carry greater risks
than an investment in a company with a full listing
on the London Stock Exchange.
Investments in companies engaged in the business
of real estate may be more difficult to sell and
may experience increased price volatility due to
changes in economic conditions and interest rates.
The Fund may use derivative instruments
(derivatives) for either efficient portfolio
management or reduction of investment risk
purposes. The value of derivatives can be volatile.
This is because a small movement in the value of
the underlying asset can cause a large movement
in the value of the derivative and therefore,
investment in derivatives may result in losses in
excess of the amount invested by the Fund.
Movements in currency exchange rates can
adversely affect the return of your investment.
Alpha (%) a measure of excess return generated
by a manager compared to the benchmark. An
alpha of 1.00 indicates that a fund has
outperformed its benchmark by 1%.
Beta a measure of a fund
fund’’s sensitivity to market
movements (as represented by the fund
fund’’s
benchmark). A beta of 1.10 suggests the fund
could perform 10% better than the benchmark in
up markets and 10% worse in down markets,
assuming all other factors remain constant.
Annualised volatility (%) an absolute measure of
volatility and measures the extent to which returns
vary up and down over a given period. High
volatility means that the returns have been more
variable over time. The measure is expressed as an
annualised value.
Sharpe ratio measures the performance of an
investment adjusting for the amount of risk taken
(compared a risk
risk­­free investment). The higher the
Sharpe ratio the better the returns compared to the
risk taken.
Information ratio (IR) measures if a manager is
outperforming or underperforming the
benchmark and accounts for the risk taken to
achieve the returns. A manager who outperforms
a benchmark by 2% p.a. will have a higher IR than
a manager with the same outperformance but who
takes more risk.

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