Jupiter Merlin Conservative Portfolio Class I Inc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/04/19
to
30/04/20
30/04/20
to
30/04/21
30/04/21
to
30/04/22
30/04/22
to
30/04/23
30/04/23
to
30/04/24
Fund 3.9% 9.8% -3.3% -2.1% 4.1%
Sector -0.5% 9.2% -3.5% -3.8% 4.4%
Rank 4/47 27/50 29/57 11/61 41/64
Quartile 1 3 2 1 3

Annualised performance

Annualised
3 Years to
30/04/24
5 Years to
30/04/24
10 Years to
30/04/24
Fund -0.5% 2.4% 3.4%
Sector -1.0% 1.1% 2.3%
Rank 25/57 6/47 4/33
Quartile 2 1 1

Top 10 Holdings

Stock % Weight
⅝% Treasury Gilt 2050 1.50
European Investment Bank 4.625% 12/10/54 0.74
Credit Agricole SA 4.875% 23/10/29 0.63
BP 0.56
Royal Bank Of Canada 5% 24/01/28 0.54
HSBC Holdings Plc 3% 29/05/30 0.50
Credit Agricole Sa 7.5% 31/12/49 0.46
AUSTRALIAN GOVERNMENT 165 FIX 1.750% 21.11.2032 0.45
AUSTRALIAN GOVERNMENT 158 FIX 1.250% 21.05.2032 0.43
Cpi Property Group SA 1.5% 27/01/31 0.43
Total 6.23

Fund Aims

At least 70% of the Fund is invested in collective investment schemes, with at least 60 per cent of the Fund’s assets invested directly or indirectly in fixed interest securities. Up to 30% of the Fund may be invested in other assets, including shares of companies, cash and near cash.

Fund Manager

Jupiter Merlin team manager for 11 years and 7 months

Photo of Jupiter Merlin team John Chatfeild-Roberts is head of the Jupiter Independent Funds Team and is a Main Board Director of Jupiter. Algy Smith-Maxwell joined John in 1999 and they were joined in 2011 by Amanda Sillars and David Lewis. Alastair Irvine joined the team in 2015 as a Product Specialist.

Fund Overview

Mid (02/05/2024) 54.39p
Distribution yield 3.99%
Underlying yield -
Fund size (31/01/2024) £173.85m
Number of holdings 2018
Entry Charge 0.00%
Ongoing Charges 0.82%
Launch date 28/09/2012

Asset Allocation

pie chart
  International Bonds 29.09%
  Alternative Trading Strategies 24.00%
  UK Corporate Bonds 12.17%
  UK Equities 8.04%
  International Equities 6.87%
  UK Gilts 2.66%
  Property 0.37%
  Investment Trusts 0.03%
  Commodities 0.00%
  Other Assets 16.76%
Portfolio data accurate as at: 31/01/24

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 29.09%
  Alternative Trading Strategies 24.00%
  UK Corporate Bonds 12.17%
  UK Equities 8.04%
  International Equities 6.87%
  UK Gilts 2.66%
  Property 0.37%
  Investment Trusts 0.03%
  Commodities 0.00%
  Other Assets 16.76%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 43.92% - - -
 
Non-Classified 32.13% - - -
 
Non-Classified - 31.54% - -
 
Non-Classified - - 31.54% -
 
Non-Classified - - - 31.54%
 
Alternative Trading Strategies 24.00% - - -
 
Alternative Trading Strategies - 24.00% - -
 
Alternative Trading Strategies - - 24.00% -
 
Alternative Trading Strategies - - - 24.00%
 
Technology 2.73% - - -
 
Technology - 2.73% - -
 
Technology Hardware & Equipment - - 1.47% -
 
Semiconductors - - - 0.71%
 
Production Technology Equipment - - - 0.46%
 
Electronic Components - - - 0.18%
 
Electronic Office Equipment - - - 0.08%
 
Computer Hardware - - - 0.04%
 
Software & Computer Services - - 1.26% -
 
Software - - - 0.73%
 
Computer Services - - - 0.47%
 
Consumer Digital Services - - - 0.06%
 
Financials 2.66% - - -
 
Banks - 1.18% - -
 
Banks - - 1.18% -
 
Banks - - - 1.18%
 
Financial Services - 0.77% - -
 
Investment Banking & Brokerage Services - - 0.64% -
 
Asset Managers & Custodians - - - 0.39%
 
Investment Services - - - 0.25%
 
Finance & Credit Services - - 0.11% -
 
Mortgage Finance - - - 0.07%
 
Consumer Lending - - - 0.04%
 
Equity Investment Instruments - - 0.03% -
 
Equity Investment Instruments - - - 0.03%
 
Insurance - 0.71% - -
 
Life Insurance - - 0.45% -
 
Life Insurance - - - 0.45%
 
Non-life Insurance - - 0.26% -
 
Property & Casualty Insurance - - - 0.26%
 
Industrials 2.39% - - -
 
Industrial Goods & Services - 1.66% - -
 
Aerospace & Defence - - 0.45% -
 
Defense - - - 0.45%
 
Industrial Transportation - - 0.35% -
 
Delivery Services - - - 0.17%
 
Transportation Services - - - 0.10%
 
Commercial Vehicle-Equipment Leasing - - - 0.05%
 
Commercial Vehicles & Parts - - - 0.03%
 
Marine Transportation - - - 0.00%
 
Industrial Support Services - - 0.33% -
 
Transaction Processing Services - - - 0.13%
 
Industrial Suppliers - - - 0.10%
 
Business Training & Employment Agencies - - - 0.06%
 
Professional Business Support Services - - - 0.05%
 
Industrial Engineering - - 0.21% -
 
Machinery: Industrial - - - 0.11%
 
Machinery: Specialty - - - 0.06%
 
Machinery: Construction & Handling - - - 0.04%
 
Machinery: Tools - - - 0.00%
 
General Industrials - - 0.19% -
 
Containers & Packaging - - - 0.13%
 
Plastics - - - 0.06%
 
Diversified Industrials - - - 0.00%
 
Electronic & Electrical Equipment - - 0.15% -
 
Electronic Equipment: Gauges & Meters - - - 0.10%
 
Electrical Components - - - 0.04%
 
Construction & Materials - 0.72% - -
 
Construction & Materials - - 0.72% -
 
Construction - - - 0.39%
 
Building Materials: Other - - - 0.20%
 
Engineering & Contracting Services - - - 0.08%
 
Building: Climate Control - - - 0.03%
 
Cement - - - 0.02%
 
Consumer Discretionary 2.27% - - -
 
Automobiles & Parts - 0.69% - -
 
Automobiles & Parts - - 0.69% -
 
Auto Parts - - - 0.44%
 
Automobiles - - - 0.26%
 
Media - 0.52% - -
 
Media - - 0.52% -
 
Radio & TV Broadcasters - - - 0.31%
 
Media Agencies - - - 0.21%
 
Travel & Leisure - 0.45% - -
 
Travel & Leisure - - 0.45% -
 
Airlines - - - 0.18%
 
Restaurants & Bars - - - 0.10%
 
Travel & Tourism - - - 0.08%
 
Hotels & Motels - - - 0.06%
 
Recreational Services - - - 0.03%
 
Retail - 0.32% - -
 
Retailers - - 0.32% -
 
Home Improvement Retailers - - - 0.20%
 
Diversified Retailers - - - 0.05%
 
Apparel Retailers - - - 0.04%
 
Specialty Retailers - - - 0.03%
 
Consumer Products & Services - 0.29% - -
 
Leisure Goods - - 0.12% -
 
Recreational Vehicles & Boats - - - 0.08%
 
Photography - - - 0.04%
 
Consumer Services - - 0.10% -
 
Consumer Services: Misc. - - - 0.10%
 
Household Goods & Home Construction - - 0.04% -
 
Home Construction - - - 0.04%
 
Personal Goods - - 0.03% -
 
Luxury Items - - - 0.03%
 
Clothing & Accessories - - - 0.00%
 
Energy 1.16% - - -
 
Energy - 1.16% - -
 
Non-Renewable Energy - - 1.16% -
 
Integrated Oil & Gas - - - 1.06%
 
Oil: Crude Producers - - - 0.09%
 
Oil Equipment & Services - - - 0.00%
 
Basic Materials 0.99% - - -
 
Basic Resources - 0.61% - -
 
Industrial Metals & Mining - - 0.51% -
 
General Mining - - - 0.37%
 
Iron & Steel - - - 0.11%
 
Metal Fabricating - - - 0.04%
 
Precious Metals & Mining - - 0.10% -
 
Gold Mining - - - 0.09%
 
Platinum & Precious Metals - - - 0.01%
 
Chemicals - 0.39% - -
 
Chemicals - - 0.39% -
 
Chemicals: Diversified - - - 0.30%
 
Specialty Chemicals - - - 0.08%
 
Health Care 0.81% - - -
 
Health Care - 0.81% - -
 
Pharmaceuticals & Biotechnology - - 0.60% -
 
Pharmaceuticals - - - 0.57%
 
Biotechnology - - - 0.03%
 
Medical Equipment & Services - - 0.15% -
 
Medical Equipment - - - 0.15%
 
Health Care Providers - - 0.06% -
 
Health Care Services - - - 0.06%
 
Consumer Staples 0.75% - - -
 
Food, Beverage & Tobacco - 0.49% - -
 
Tobacco - - 0.41% -
 
Tobacco - - - 0.41%
 
Food Producers - - 0.08% -
 
Food Products - - - 0.08%
 
Personal Care, Drug & Grocery Stores - 0.26% - -
 
Personal Care, Drug & Grocery Stores - - 0.26% -
 
Food Retailers & Wholesalers - - - 0.23%
 
Personal Products - - - 0.03%
 
Telecommunications 0.65% - - -
 
Telecommunications - 0.65% - -
 
Telecommunications Service Providers - - 0.36% -
 
Telecommunications Services - - - 0.36%
 
Telecommunications Equipment - - 0.30% -
 
Telecommunications Equipment - - - 0.30%
 
Real Estate 0.42% - - -
 
Real Estate - 0.42% - -
 
Real Estate Investment Trusts - - 0.42% -
 
Diversified REITs - - - 0.32%
 
Office REITs - - - 0.05%
 
Retail REITs - - - 0.05%
 
Industrial REITs - - - 0.00%
 
Utilities 0.40% - - -
 
Utilities - 0.40% - -
 
Gas, Water & Multi-utilities - - 0.30% -
 
Multi-Utilities - - - 0.30%
 
Electricity - - 0.10% -
 
Conventional Electricity - - - 0.10%
 
Commodities 0.00% - - -
 
Commodities - 0.00% - -
 
Commodities - - 0.00% -
 
Commodities - - - 0.00%
 
Cash and Equivalents -15.30% - - -

Regional Allocation

pie chart
  Non-Classified 57.97%
  UK 22.87%
  Developed Europe - Excl UK 15.97%
  North America 9.34%
  Japan 3.80%
  Australia & New Zealand 3.34%
  South & Central America 1.01%
  Emerging Asia 0.44%
  Property 0.37%
  Other Regions -15.11%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 54.12%
  Pound Sterling 20.90%
  Euro 7.85%
  US Dollar 7.60%
  Australian Dollar 2.57%
  Cash 1.96%
  Other Currencies 5.00%

Regional Breakdown

Expand allCollapse all
Region Country
 
Non-Classified 57.97% -
 
UK 22.87% -
 
United Kingdom - 22.87%
 
Jersey - 0.01%
 
Developed Europe - Excl UK 15.97% -
 
Germany - 3.41%
 
Luxembourg - 3.13%
 
France - 3.00%
 
Netherlands - 1.43%
 
Sweden - 1.16%
 
Norway - 1.05%
 
Italy - 1.02%
 
Spain - 0.60%
 
Finland - 0.40%
 
Denmark - 0.37%
 
Ireland - 0.26%
 
Belgium - 0.08%
 
Switzerland - 0.06%
 
Austria - 0.00%
 
Portugal - 0.00%
 
North America 9.34% -
 
United States - 7.98%
 
Canada - 1.35%
 
Bermuda - 0.00%
 
Japan 3.80% -
 
Japan - 3.80%
 
Australia & New Zealand 3.34% -
 
Australia - 2.86%
 
New Zealand - 0.48%
 
South & Central America 1.01% -
 
Mexico - 0.68%
 
Brazil - 0.19%
 
Chile - 0.05%
 
Colombia - 0.04%
 
Venezuela - 0.04%
 
Virgin Islands (British) - 0.02%
 
Argentina - 0.00%
 
Peru - 0.00%
 
Ecuador - 0.00%
 
Guatemala - 0.00%
 
Panama - 0.00%
 
El Salvador - 0.00%
 
Emerging Asia 0.44% -
 
South Korea - 0.40%
 
India - 0.03%
 
Thailand - 0.00%
 
Indonesia - 0.00%
 
Kazakhstan - 0.00%
 
Uzbekistan - 0.00%
 
Philippines - 0.00%
 
Georgia - 0.00%
 
Sri Lanka - 0.00%
 
Mongolia - 0.00%
 
China - 0.00%
 
Macau - 0.00%
 
Property 0.37% -
 
Middle East & Africa 0.09% -
 
Israel - 0.04%
 
United Arab Emirates - 0.02%
 
Lebanon - 0.01%
 
South Africa - 0.01%
 
Saudi Arabia - 0.00%
 
Nigeria - 0.00%
 
Egypt - 0.00%
 
Oman - 0.00%
 
Jordan - 0.00%
 
Tunisia - 0.00%
 
Zambia - 0.00%
 
Ethiopia - 0.00%
 
Qatar - 0.00%
 
Ghana - 0.00%
 
Angola - 0.00%
 
Gabon - 0.00%
 
Mozambique - 0.00%
 
Cameroon - 0.00%
 
Cote D'Ivoire - 0.00%
 
Burundi - 0.00%
 
Iraq - 0.00%
 
Congo, People's Republic Of - 0.00%
 
Emerging Europe 0.08% -
 
Greece - 0.03%
 
Russian Federation - 0.02%
 
Czech Republic - 0.02%
 
Montenegro - 0.01%
 
Bulgaria - 0.01%
 
Turkey - 0.00%
 
Poland - 0.00%
 
Romania - 0.00%
 
Ukraine - 0.00%
 
Hungary - 0.00%
 
Serbia - 0.00%
 
Developed Asia 0.02% -
 
Singapore - 0.02%
 
Hong Kong - 0.00%
 
Cash and Equivalents -15.30% -

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
9.56%
5Yr - 10Yr Maturity
 
 
17.61%
10Yr - 15Yr Maturity
 
 
5.03%
> 15Yr Maturity
 
 
11.72%
Cash And Equivalents
 
-15.30%
Unknown Maturity
 
 
0.52%
Other Asset Types
 
 
70.86%

Fixed Interest Quality Profile

AAA
 
 
7.92%
AA
 
 
3.59%
A
 
 
4.41%
BBB
 
 
14.03%
Sub-Investment Grade
 
 
2.70%
Unknown Quality
 
 
11.26%
Cash and Equivalents
 
-15.30%
Other Asset Types
 
 
71.38%

Top 10 Fund Holdings

Name % Weight Sector Country
1 Jupiter Corporate Bond Class I 34.06% Managed Funds Managed Funds
2 Allianz Strategic Bond Class I 13.11% Managed Funds Managed Funds
3 Jupiter Global Value Class I 9.47% Managed Funds Managed Funds
4 Jupiter UK Special Situations Class I 7.90% Managed Funds Managed Funds
5 WS Evenlode Income Class C 7.46% Managed Funds Managed Funds
6 Jupiter Strategic Bond Class I 4.62% Managed Funds Managed Funds
7 M&G Global Corporate Bond Sterling L 4.59% Managed Funds Managed Funds
8 Jupiter Global Sovereign Opportunities Class I 3.73% Managed Funds Managed Funds
9 Morant Wright LF Morant Wright Nippon Yield Class B 3.01% Managed Funds Managed Funds
10 WisdomTree ETC WisdomTree Core Physical Gold (LSE) 2.48% Managed Funds Managed Funds

Top 10 Holdings

Stock % Weight Sector Country
1 ⅝% Treasury Gilt 2050 1.50% Bonds United Kingdom
2 European Investment Bank 4.625% 12/10/54 0.74% Bonds Luxembourg
3 Credit Agricole SA 4.875% 23/10/29 0.63% Bonds France
4 BP 0.56% Non-Renewable Energy United Kingdom
5 Royal Bank Of Canada 5% 24/01/28 0.54% Bonds Canada
6 HSBC Holdings Plc 3% 29/05/30 0.50% Bonds United Kingdom
7 Credit Agricole Sa 7.5% 31/12/49 0.46% Bonds France
8 AUSTRALIAN GOVERNMENT 165 FIX 1.750% 21.11.2032 0.45% Bonds Australia
9 AUSTRALIAN GOVERNMENT 158 FIX 1.250% 21.05.2032 0.43% Bonds Australia
10 Cpi Property Group SA 1.5% 27/01/31 0.43% Bonds Luxembourg

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B8GDLV6
Mex Code RWMERN
Isin Code GB00B8GDLV64
Citi Code G3CH

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.82%

Aims and Benchmark

Aims At least 70% of the Fund is invested in collective investment schemes, with at least 60 per cent of the Fund’s assets invested directly or indirectly in fixed interest securities. Up to 30% of the Fund may be invested in other assets, including shares of companies, cash and near cash.
Benchmark IA Mixed Investment 0%-35% Shares Sector Average
Benchmark Category -
IA Sector Mixed Investment 0-35% Shares

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type Unit Trust
Launch price £0.50
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Quarterly
Distribution Type Interest
Distribution Payment Basis Gross

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 December 31 January
01 March 30 April
01 June 31 July
01 September 31 October

Ratings

FE Crown Crown Rating of 2

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository Northern Trust Global Services Limited
Fund Administrator Northern Trust Global Services Limited
Fund Registrar SS&C TECHNOLOGIES INC
Fund Custodian The Northern Trust Company

Group Details

Group name Jupiter Unit Trust Managers Limited
Group address The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ
Group telephone 020 3817 1063
Dealing telephone 0800 561 4000
Email intermediary-sales-support@jupiteram.com
Homepage www.jupiteram.com
Fax number 0800 561 4001

Dealing

Minimum Investment £5000000
Minimum Top Up £50000
Minimum Regular Saving -
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 2

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.