Jupiter Merlin Worldwide Portfolio
(Class L Accumulation [GBP])
Onshore Unit Trust

Performance

Cumulative Performance (%)

	3m	6m	1Yr	3Yr	5Yr
Fund	0.66%	1.35%	5.97%	31.69%	40.87%
Sector	1.10%	-1.23%	3.12%	30.57%	51.58%
Rank	58/549	57/539	122/533	246/483	249/410
Quartile	1	1	1	3	3

Discrete Performance (%) - to last month end

	05/20 to 05/21	05/21 to 05/22	05/22 to 05/23	05/23 to 05/24	05/24 to 05/25
Fund	16.52%	1.95%	-0.86%	14.13%	6.94%
Sector	24.59%	-0.04%	2.38%	15.50%	4.00%
Rank	354/409	181/444	353/483	283/505	122/533
Quartile	4	2	3	3	1

Fund Aims

To provide a return, through a combination of capital growth and income, net of fees, over the long-term (at least five years)

Fund Manager

Jupiter Merlin team manager for: 28 years 1 months

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

Price

Bid 460.20p

Offer 460.20p (26/06/2025)

Historic yield

0.12%

Fund size

£403.5m

Number of holdings

Initial charge

5.25%

Annual Management Charge

1.50%

Ongoing Charges

2.36%

Top 10 Holdings
Stock Name	% Weight
Morant Wright WS Morant Wright Japan Class B	22.2%
Jupiter Global Value Class I	17.7%
BlueBox Global Technology Class J - USD	11.1%
Findlay Park Findlay Park American Fund Class I USD Distribution	10.2%
IFSL Evenlode Global Equity Class F	8.2%
Janus Henderson Horizon Global Smaller Companies	6.9%
Fundsmith Equity Class I	6.3%
Long Walk	5.8%
Prevatt Global	5.3%
WisdomTree ETC WisdomTree Core Physical Gold (LSE)	2.7%
Total	96.4%

X-RayEquity Sector Allocation

FTSE/ICB Supersector	% Weight
Technology	14.4%
Non-Classified	11.1%
Industrial Goods & Services	10.5%
Managed Funds	9.6%
Automobiles & Parts	5.7%
Health Care	5.7%
Food, Beverage & Tobacco	4.8%
Banks	4.7%
Construction & Materials	4.0%
Consumer Products & Services	3.8%
Other	21.8%
Cash and Equivalents	0.9%

Data accurate at: 28/02/2025

Performance figures show total return with no initial charge and net income reinvested, except for Offshore funds which show gross income reinvested. Cumulative performance figures are calculated from the previous working day. Discrete performance figures are calculated from the previous month end.

Data accurate at: 28/02/2025

Asset Allocation

Standard

	Managed Funds	88.6%
	Other	11.2%
	Cash & Equivalents	0.3%

X-Ray

	International Equities	72.7%
	Other	11.1%
	Managed Funds	9.6%
	UK Equities	4.8%
	Cash & Equivalents	0.9%
	International Bonds	0.5%
	Investment Trusts	0.2%
	Property	0.1%
	Exchange Traded Funds	< 0.1%
	Money Market	< 0.1%
	Hedge Funds	< 0.1%

X-Ray Equity Sector Allocation

ICB Industries ICB Supersectors ICB Sectors ICB Subsectors

ICB Industries

Consumer Discretionary		16.0%
Industrials		14.5%
Technology		14.4%
Non-Classified		11.7%
Financials		11.3%
Managed Funds		9.6%
Consumer Staples		7.2%
Health Care		5.7%
Basic Materials		4.5%
Energy		1.6%
Telecommunications		1.1%
Real Estate		1.0%
Cash and Equivalents		0.9%
Utilities		0.5%
Commodities		<0.1%
Alternative Trading Strategies		<0.1%

ICB Supersectors

Technology		14.4%
Non-Classified		11.7%
Industrial Goods & Services		10.5%
Managed Funds		9.6%
Automobiles & Parts		5.7%
Health Care		5.7%
Food, Beverage & Tobacco		4.8%
Banks		4.7%
Construction & Materials		4.0%
Consumer Products & Services		3.8%
Media		3.8%
Insurance		3.6%
Financial Services		3.0%
Chemicals		2.5%
Personal Care, Drug & Grocery Stores		2.4%
Basic Resources		2.0%
Energy		1.6%
Travel & Leisure		1.4%
Retail		1.3%
Telecommunications		1.1%
Real Estate		1.0%
Cash and Equivalents		0.9%
Utilities		0.5%
Commodities		<0.1%
Alternative Trading Strategies		<0.1%

ICB Sectors

Non-Classified		11.7%
Managed Funds		9.6%
Software & Computer Services		7.8%
Technology Hardware & Equipment		6.6%
Automobiles & Parts		5.7%
Banks		4.7%
Industrial Support Services		4.1%
Construction & Materials		4.0%
Medical Equipment & Services		3.8%
Media		3.8%
Chemicals		2.5%
Personal Care, Drug & Grocery Stores		2.4%
Industrial Transportation		2.3%
Personal Goods		2.2%
Beverages		2.2%
Non-life Insurance		1.8%
Life Insurance		1.8%
Industrial Engineering		1.8%
Investment Banking & Brokerage Services		1.7%
Non-Renewable Energy		1.6%
Food Producers		1.5%
General Industrials		1.5%
Travel & Leisure		1.4%
Retailers		1.3%
Pharmaceuticals & Biotechnology		1.3%
Industrial Metals & Mining		1.2%
Finance & Credit Services		1.2%
Tobacco		1.1%
Telecommunications Equipment		1.0%
Cash and Equivalents		0.9%
Precious Metals & Mining		0.8%
Leisure Goods		0.7%
Electronic & Electrical Equipment		0.7%
Real Estate Investment Trusts		0.7%
Health Care Providers		0.6%
Consumer Services		0.6%
Waste & Disposal Services		0.5%
Household Goods & Home Construction		0.3%
Real Estate Investment & Services		0.3%
Aerospace & Defence		0.2%
Equity Investment Instruments		0.2%
Telecommunications Service Providers		<0.1%
Mortgage Real Estate Investment Trusts		<0.1%
Renewable Energy		<0.1%
Industrial Materials		<0.1%
Gas, Water & Multi-utilities		<0.1%
Commodities		<0.1%
Electricity		<0.1%
Alternative Trading Strategies		<0.1%

ICB Subsectors

Non-Classified		11.7%
Managed Funds		9.6%
Software		5.4%
Banks		4.7%
Auto Parts		4.1%
Semiconductors		2.8%
Medical Equipment		2.4%
Radio & TV Broadcasters		2.4%
Production Technology Equipment		2.3%
Chemicals: Diversified		1.9%
Life Insurance		1.8%
Professional Business Support Services		1.7%
Transaction Processing Services		1.7%
Construction		1.6%
Food Products		1.5%
Investment Services		1.5%
Automobiles		1.5%
Consumer Digital Services		1.5%
Machinery: Industrial		1.4%
Medical Supplies		1.3%
Engineering & Contracting Services		1.3%
Pharmaceuticals		1.2%
Soft Drinks		1.2%
Oil: Crude Producers		1.1%
Personal Products		1.1%
Clothing & Accessories		1.1%
Tobacco		1.1%
Computer Services		1.0%
Telecommunications Equipment		1.0%
Electronic Components		1.0%
Diversified Industrials		1.0%
Property & Casualty Insurance		0.9%
Transportation Services		0.9%
Cash and Equivalents		0.9%
Publishing		0.8%
Financial Data & Systems		0.8%
Gold Mining		0.8%
Diversified Retailers		0.7%
Insurance Brokers		0.7%
Nondurable Household Products		0.7%
Building Materials: Other		0.6%
Iron & Steel		0.6%
Cosmetics		0.6%
Travel & Tourism		0.6%
Specialty Chemicals		0.6%
Media Agencies		0.6%
Cement		0.5%
Brewers		0.5%
Office REITs		0.5%
Electronic Equipment: Gauges & Meters		0.5%
Marine Transportation		0.5%
Consumer Services: Misc.		0.5%
Waste & Disposal Services		0.5%
Distillers & Vintners		0.5%
Railroads		0.4%
Luxury Items		0.4%
Electronic Office Equipment		0.4%
Integrated Oil & Gas		0.4%
Photography		0.4%
Hotels & Motels		0.4%
Drug Retailers		0.4%
Forms & Bulk Printing Services		0.4%
Apparel Retailers		0.3%
Health Care Management Services		0.3%
Recreational Services		0.3%
Metal Fabricating		0.3%
Specialty Retailers		0.3%
Plastics		0.3%
General Mining		0.3%
Health Care Services		0.3%
Commercial Vehicle-Equipment Leasing		0.3%
Household Equipment & Products		0.2%
Mortgage Finance		0.2%
Food Retailers & Wholesalers		0.2%
Electronic Equipment: Control & Filter		0.2%
Paints & Coatings		0.2%
Machinery: Construction & Handling		0.2%
Trucking		0.2%
Real Estate Services		0.2%
Tires		0.2%
Security Services		0.2%
Full Line Insurance		0.2%
Machinery: Specialty		0.2%
Equity Investment Instruments		0.2%
Industrial Suppliers		0.2%
Diversified Financial Services		0.1%
Footwear		0.1%
Electronic Entertainment		0.1%
Consumer Lending		0.1%
Real Estate Holding and Development		0.1%
Diversified REITs		0.1%
Biotechnology		0.1%
Defense		0.1%
Aerospace		0.1%
Education Services		0.1%
Airlines		<0.1%
Computer Hardware		<0.1%
Recreational Vehicles & Boats		<0.1%
Recreational Products		<0.1%
Household Furnishings		<0.1%
Cable Television Services		<0.1%
Mortgage REITs: Commercial		<0.1%
Renewable Energy Equipment		<0.1%
Diversified Materials		<0.1%
Home Construction		<0.1%
Platinum & Precious Metals		<0.1%
Multi-Utilities		<0.1%
Commodities		<0.1%
Asset Managers & Custodians		<0.1%
Business Training & Employment Agencies		<0.1%
Conventional Electricity		<0.1%
Containers & Packaging		<0.1%
Home Improvement Retailers		<0.1%
Electrical Components		<0.1%
Industrial REITs		<0.1%
Alternative Trading Strategies		<0.1%

Interactive Sector Breakdown

Drill down to specific information by clicking the folders.

ICB Industry				ICB Subsectors	ICB Sectors	ICB Supersectors	ICB Industries
			Expand all / Collapse all
Consumer Discretionary							16.0%
	Automobiles & Parts					5.7%
		Automobiles & Parts			5.7%
			Auto Parts	4.1%
			Automobiles	1.5%
			Tires	0.2%
	Consumer Products & Services					3.8%
		Personal Goods			2.2%
			Clothing & Accessories	1.1%
			Cosmetics	0.6%
			Luxury Items	0.4%
			Footwear	0.1%
		Leisure Goods			0.7%
			Photography	0.4%
			Electronic Entertainment	0.1%
			Recreational Vehicles & Boats	0.1%
			Recreational Products	0.1%
		Consumer Services			0.6%
			Consumer Services: Misc.	0.5%
			Education Services	0.1%
		Household Goods & Home Construction			0.3%
			Household Equipment & Products	0.2%
			Household Furnishings	0.1%
			Home Construction	< 0.1%
	Media					3.8%
		Media			3.8%
			Radio & TV Broadcasters	2.4%
			Publishing	0.8%
			Media Agencies	0.6%
	Travel & Leisure					1.4%
		Travel & Leisure			1.4%
			Travel & Tourism	0.6%
			Hotels & Motels	0.4%
			Recreational Services	0.3%
			Airlines	0.1%
	Retail					1.3%
		Retailers			1.3%
			Diversified Retailers	0.7%
			Apparel Retailers	0.3%
			Specialty Retailers	0.3%
			Home Improvement Retailers	< 0.1%
Industrials							14.5%
	Industrial Goods & Services					10.5%
		Industrial Support Services			4.1%
			Professional Business Support Services	1.7%
			Transaction Processing Services	1.7%
			Forms & Bulk Printing Services	0.4%
			Security Services	0.2%
			Industrial Suppliers	0.2%
			Business Training & Employment Agencies	< 0.1%
		Industrial Transportation			2.3%
			Transportation Services	0.9%
			Marine Transportation	0.5%
			Railroads	0.4%
			Commercial Vehicle-Equipment Leasing	0.3%
			Trucking	0.2%
		Industrial Engineering			1.8%
			Machinery: Industrial	1.4%
			Machinery: Construction & Handling	0.2%
			Machinery: Specialty	0.2%
		General Industrials			1.5%
			Diversified Industrials	1.0%
			Plastics	0.3%
			Paints & Coatings	0.2%
			Containers & Packaging	< 0.1%
		Electronic & Electrical Equipment			0.7%
			Electronic Equipment: Gauges & Meters	0.5%
			Electronic Equipment: Control & Filter	0.2%
			Electrical Components	< 0.1%
		Aerospace & Defence			0.2%
			Defense	0.1%
			Aerospace	0.1%
	Construction & Materials					4.0%
		Construction & Materials			4.0%
			Construction	1.6%
			Engineering & Contracting Services	1.3%
			Building Materials: Other	0.6%
			Cement	0.5%
Technology							14.4%
	Technology					14.4%
		Software & Computer Services			7.8%
			Software	5.4%
			Consumer Digital Services	1.5%
			Computer Services	1.0%
		Technology Hardware & Equipment			6.6%
			Semiconductors	2.8%
			Production Technology Equipment	2.3%
			Electronic Components	1.0%
			Electronic Office Equipment	0.4%
			Computer Hardware	0.1%
Financials							11.3%
	Banks					4.7%
		Banks			4.7%
			Banks	4.7%
	Insurance					3.6%
		Non-life Insurance			1.8%
			Property & Casualty Insurance	0.9%
			Insurance Brokers	0.7%
			Full Line Insurance	0.2%
		Life Insurance			1.8%
			Life Insurance	1.8%
	Financial Services					3.0%
		Investment Banking & Brokerage Services			1.7%
			Investment Services	1.5%
			Diversified Financial Services	0.1%
			Asset Managers & Custodians	< 0.1%
		Finance & Credit Services			1.2%
			Financial Data & Systems	0.8%
			Mortgage Finance	0.2%
			Consumer Lending	0.1%
		Equity Investment Instruments			0.2%
			Equity Investment Instruments	0.2%
		Mortgage Real Estate Investment Trusts			0.1%
			Mortgage REITs: Commercial	0.1%
Consumer Staples							7.2%
	Food, Beverage & Tobacco					4.8%
		Beverages			2.2%
			Soft Drinks	1.2%
			Brewers	0.5%
			Distillers & Vintners	0.5%
		Food Producers			1.5%
			Food Products	1.5%
		Tobacco			1.1%
			Tobacco	1.1%
	Personal Care, Drug & Grocery Stores					2.4%
		Personal Care, Drug & Grocery Stores			2.4%
			Personal Products	1.1%
			Nondurable Household Products	0.7%
			Drug Retailers	0.4%
			Food Retailers & Wholesalers	0.2%
Health Care							5.7%
	Health Care					5.7%
		Medical Equipment & Services			3.8%
			Medical Equipment	2.4%
			Medical Supplies	1.3%
		Pharmaceuticals & Biotechnology			1.3%
			Pharmaceuticals	1.2%
			Biotechnology	0.1%
		Health Care Providers			0.6%
			Health Care Management Services	0.3%
			Health Care Services	0.3%
Basic Materials							4.5%
	Chemicals					2.5%
		Chemicals			2.5%
			Chemicals: Diversified	1.9%
			Specialty Chemicals	0.6%
	Basic Resources					2.0%
		Industrial Metals & Mining			1.2%
			Iron & Steel	0.6%
			Metal Fabricating	0.3%
			General Mining	0.3%
		Precious Metals & Mining			0.8%
			Gold Mining	0.8%
			Platinum & Precious Metals	< 0.1%
		Industrial Materials			< 0.1%
			Diversified Materials	< 0.1%
Energy							1.6%
	Energy					1.6%
		Non-Renewable Energy			1.6%
			Oil: Crude Producers	1.1%
			Integrated Oil & Gas	0.4%
		Renewable Energy			< 0.1%
			Renewable Energy Equipment	< 0.1%
Telecommunications							1.1%
	Telecommunications					1.1%
		Telecommunications Equipment			1.0%
			Telecommunications Equipment	1.0%
		Telecommunications Service Providers			0.1%
			Cable Television Services	0.1%
Real Estate							1.0%
	Real Estate					1.0%
		Real Estate Investment Trusts			0.7%
			Office REITs	0.5%
			Diversified REITs	0.1%
			Industrial REITs	< 0.1%
		Real Estate Investment & Services			0.3%
			Real Estate Services	0.2%
			Real Estate Holding and Development	0.1%
Utilities							0.5%
	Utilities					0.5%
		Waste & Disposal Services			0.5%
			Waste & Disposal Services	0.5%
		Gas, Water & Multi-utilities			< 0.1%
			Multi-Utilities	< 0.1%
		Electricity			< 0.1%
			Conventional Electricity	< 0.1%
Commodities							< 0.1%
	Commodities					< 0.1%
		Commodities			< 0.1%
			Commodities	< 0.1%
Alternative Trading Strategies							< 0.1%
	Alternative Trading Strategies					< 0.1%
		Alternative Trading Strategies			< 0.1%
			Alternative Trading Strategies	< 0.1%
Non-Classified							11.7%
Managed Funds							9.6%
Cash and Equivalents							0.9%

IA Sector Allocation

	Global Growth	43.3%
	Japan	22.2%
	Non-mutual	11.2%
	North American Smaller Companies	10.2%
	Non-Classified	9.6%
	North America (offshore)	2.6%
	UK Equity Income	0.3%
	Specialist	0.3%
	Cash and Equivalents	0.3%

The sector classifications follow the IA sector standard. FundsLibrary have added appropriate sub-categorisation for offshore funds.

X-Ray Regional Allocation

	North America	32.3%
	Japan	24.6%
	Non-Classified	11.3%
	Developed Europe - Excl UK	11.1%
	Managed Funds	9.6%
	UK	4.8%
	Emerging Asia	1.9%
	Developed Asia	1.5%
	South & Central America	1.5%
	Cash and Equivalents	0.9%
	Middle East & Africa	0.3%
	Property	0.1%
	Australia & New Zealand	0.1%
	Commodities	< 0.1%
	Emerging Europe	< 0.1%

Show/Hide Full Country Weights

Interactive Region Breakdown

Drill down to specific information by clicking the folders.

Breakdown By Market Cap (%)

Standard Top 10 Holdings
	Stock name	% Weight	Country	Sector
1	Morant Wright WS Morant Wright Japan Class B	22.2 %	Managed Funds	Japan
2	Jupiter Global Value Class I	17.7 %	Managed Funds	Global Growth
3	BlueBox Global Technology Class J - USD	11.1 %	Managed Funds	Global Growth
4	Findlay Park Findlay Park American Fund Class I USD Distribution	10.2 %	Managed Funds	North American Smaller Companies
5	IFSL Evenlode Global Equity Class F	8.2 %	Managed Funds	Global Growth
6	Janus Henderson Horizon Global Smaller Companies	6.9 %	Managed Funds	[N/A]
7	Fundsmith Equity Class I	6.3 %	Managed Funds	Global Growth
8	Long Walk	5.8 %	Non-Classified	Non-Classified
9	Prevatt Global	5.3 %	Non-Classified	Non-Classified
10	WisdomTree ETC WisdomTree Core Physical Gold (LSE)	2.7 %	Managed Funds	[N/A]

Top 10 X-Ray
	Stock name	% Weight	Country	Sector
1	Long Walk	5.8 %	Non-Classified	Non-Classified
2	Prevatt Global	5.3 %	Non-Classified	Non-Classified
3	MICROSOFT CORPORATION	1.8 %	United States	Technology
4	MITSUI SUMITOMO INSURANCE CO.	0.9 %	Japan	Financials
5	MASTERCARD INCORPORATED	0.9 %	United States	Industrials
6	AMADEUS IT GROUP SA	0.8 %	Spain	Technology
7	SUMITOMO MITSUI TRUST GROUP	0.8 %	Japan	Financials
8	MITSUBISHI UFJ FINANCIAL GROUP	0.8 %	Japan	Financials
9	CONCORDIA FINANCIAL GROUP LTD	0.7 %	Japan	Financials
10	SUMITOMO ELECTRIC INDUSTRIES	0.7 %	Japan	Consumer Discretionary

X-Ray FL Dual Aspect Analysis
	UK Equities	Int'l Equities	UK Bonds	Int'l Bonds	UK Gilts	Managed Funds	Property	Other	Cash & Equiv	Total
Technology		14.4%								14.4%
Telecommunications		1.1%								1.1%
Financials	1.1%	10.1%						0.2%		11.3%
Real Estate	0.0%	0.8%					0.1%			1.0%
Consumer Discretionary	1.3%	14.8%								16.0%
Consumer Staples	1.0%	6.1%								7.2%
Energy	0.4%	1.2%								1.6%
Utilities	0.0%	0.5%								0.5%
Health Care	0.3%	5.4%								5.7%
Industrials	0.6%	14.0%		0.0%						14.5%
Basic Materials	0.1%	4.4%								4.5%
Cash and Equivalents									0.9%	0.9%
Managed Funds						9.6%				9.6%
Bonds				0.5%						0.5%
Non-Classified		0.0%						11.2%	0.0%	11.2%
Total	4.8%	72.7%		0.5%		9.6%	0.1%	11.3%	0.9%	100.0%

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

Identification Codes

Sedol Code

3166783

Mex Code

RWMW

ISIN code

GB0031667834

Distribution Details

Income Frequency

Annually

Distribution Type

Dividend

Distribution Payment Basis

Net

Charges

Discounted initial charge

0.000%

Net discounted AMC

0.750%

Initial charge

5.25%

Annual Management Charge

1.50%

Exit charge

None

Performance fees

None

Ongoing Charges

2.36%

Distribution Dates

Ex dividend date(s)	Income payment date(s)
01st June	31st July

Ratings

Aims & Benchmark

Benchmark

Comparator 1: IA Global Sector; Comparator 2: ARC Sterling Equity Risk Private Client Index

IA sector

Global

Aims

To provide a return, through a combination of capital growth and income, net of fees, over the long-term (at least five years)

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

Fund Background

Valuation point

Daily 12:00

Fund type

Unit Trust

Launch date

31/05/2002

Launch price

£91.47

Fund currency

Pound Sterling

Fund domicile

United Kingdom

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

intermediary-sales-support@jupiteram.com

Homepage

www.jupiteram.com

Fax number

0800 561 4001

Dealing

EMX

Yes

ISA Eligible

Yes

Minimum investment

£500

Settlement period: buy

4 days

Settlement period: sell

4 days

Pricing basis

Forward

Data accurate at: 28/02/2025

Risk Analysis

Ratio

Value

Alpha

0.9104

Beta

0.8962

Sharpe

0.3876

Volatility

9.9536

Info Ratio

0.0463

Risk Factors

Risk Factor

Yes/No

Charges to Capital

Emerging Markets

Concentrated Portfolio

Smaller Companies

High Yield Bonds

Sector Specific

Geared Investments

Value of Investments

Yes

Investments Long Term

Yes

Property

Exchange Rate

Yes

Higher Risk

Performance Charges

Derivative Exposure

Fund Specific Risks
Value Of Investments - The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed. Investments Long Term - Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve. Exchange Rate - This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.

Fund Specific Risks

Value Of Investments - The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term - Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate - This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.

United States			31.0%
Japan			24.6%
Non-Classified			11.3%
Managed Funds			9.6%
United Kingdom			4.8%
Germany			1.9%
Netherlands			1.8%
South Korea			1.7%
Ireland			1.7%
France			1.6%
Spain			1.4%
Hong Kong			1.4%
Canada			1.3%
Denmark			1.2%
Brazil			1.1%
Switzerland			1.0%
Cash and Equivalents			0.9%
Chile			0.3%
South Africa			0.3%
Indonesia			0.2%
Singapore			0.1%
Direct Property and REITs			0.1%
Finland			0.1%
Sweden			0.1%
Belgium			0.1%
Mexico			0.1%
New Zealand			0.1%
Italy			0.1%
Australia			< 0.1%
Luxembourg			< 0.1%
Commodities			< 0.1%
Israel			< 0.1%
Russian Federation			< 0.1%

Expand all / Collapse all		Country	Region
North America			32.3%
	United States	31.0%
	Canada	1.3%
Japan			24.6%
	Japan	24.6%
Non-Classified			11.3%
Developed Europe - Excl UK			11.1%
	Germany	1.9%
	Netherlands	1.8%
	Ireland	1.7%
	France	1.6%
	Spain	1.4%
	Denmark	1.2%
	Switzerland	1.0%
	Finland	0.1%
	Sweden	0.1%
	Belgium	0.1%
	Italy	0.1%
	Luxembourg	< 0.1%
Managed Funds			9.6%
UK			4.8%
	United Kingdom	4.8%
Emerging Asia			1.9%
	South Korea	1.7%
	Indonesia	0.2%
Developed Asia			1.5%
	Hong Kong	1.4%
	Singapore	0.1%
South & Central America			1.5%
	Brazil	1.1%
	Chile	0.3%
	Mexico	0.1%
Cash and Equivalents			0.9%
Middle East & Africa			0.3%
	South Africa	0.3%
	Israel	< 0.1%
Property			0.1%
Australia & New Zealand			0.1%
	New Zealand	0.1%
	Australia	< 0.1%
Commodities			< 0.1%
Emerging Europe			< 0.1%
	Russian Federation	< 0.1%

Jupiter Merlin Worldwide Portfolio (Class L Accumulation [GBP]) Onshore Unit Trust

Performance

Cumulative Performance (%)

Discrete Performance (%) - to last month end

Fund Aims

Fund Manager

Fund Overview

Top 10 Holdings

X-RayEquity Sector Allocation

Asset Allocation

Standard

X-Ray

X-Ray Equity Sector Allocation

ICB Industries

ICB Supersectors

ICB Sectors

ICB Subsectors

Interactive Sector Breakdown

IA Sector Allocation

X-Ray Regional Allocation

Interactive Region Breakdown

Breakdown By Market Cap (%)

Standard Top 10 Holdings

Top 10 X-Ray

X-Ray FL Dual Aspect Analysis

Identification Codes

Distribution Details

Charges

Distribution Dates

Ratings

Aims & Benchmark

Fund Administration

Fund Background

Group Details

Dealing

Performance

Risk Analysis

Risk Factors

Jupiter Merlin Worldwide Portfolio
(Class L Accumulation [GBP])
Onshore Unit Trust