JPMorgan Cautious Total Return Income

Sell : 50.83p | Buy : 50.83p | up 0.01p
Last valuation as at 21-11-2008

Also available as accumulation units

At a glance

Initial charge 4.50%
Initial saving 4.50%
Annual charge 1.25%
Annual saving 0.125% ²
Total Expense Ratio 1.29%
Launch date 01-07-2005
Launch price £0.50
Sector Cautious Managed
Fund size £566 million
Number of holdings 126
Fund type OEIC
Type of units Income

HL Research - Our view on this Fund

Hargreaves Lansdown research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. This fund does not fall into either of these categories at present.

Full research

About the Fund Manager

Photo of Neil Nuttall

Neil Nuttall
Located in: London


Neill Nuttall, managing director, is CIO and head of the Global Multi-Asset Group, with particular responsibility for total return and convertible bond portfolios. An employee since 1984, most recently he was a qualitative portfolio manager in the Currency Group and a member of the CIPC and previously worked for Jardine Fleming in Hong Kong as head of currency, Asian fixed income and convertible bond management. As part of this role he was managing equity, convertible bond, balanced and fixed income portfolios. Prior to this, he worked for Standard Chartered Bank in Hong Kong and Thailand. Neill obtained a BA (Hons) in Politics from the University of Exeter.

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Income details

Distribution yield 3.50%
Underlying yield 3.50%
Income paid Quarterly
Type of payment Interest

All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Distribution dates

Ex-dividend date 01 February 2008
Payment date ³ 30 April 2008
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Top 10 holdings

4¾% Treasury Stock 2010 5.63%
5% Treasury Stock 2012 4.56%
4½% Treasury Gilt 2013 4.48%
UKRAIL 4.875 07MAR12 2.09%
KFW 3.25 CB 27JUN13 SER:DTE 1.89%
PRU CB FRN 12DEC36 (PRU US) 1.41%
FRTEL 1.6 CB 01JAN09 FTE FP 0.96%
PRU FRN CB 15DEC2037 144A PRU US 0.89%
TEVA CB 0.25 01FEB26 C (TEVA US) 0.79%
RHA 0.50 CB 01JAN14 (RHA FP) 0.69%

Top 10 sectors

Bonds 33.56%
Non-Classified 28.58%
Cash and Equiv. 22.91%
Software & Computer Services 1.70%
Pharmaceuticals & Biotechnology 1.55%
Gas, Water & Multiutilities 1.36%
Oil & Gas Producers 1.07%
Fixed Line Telecommunications 0.95%
Household Goods & Home Construction 0.88%
Tobacco 0.81%

Top 10 countries

Non-Classified 29.31%
Cash and Equiv. 22.91%
United Kingdom 22.26%
United States 13.90%
Germany 3.22%
France 1.99%
Netherlands 1.13%
Malaysia 0.77%
Switzerland 0.48%
Hong Kong 0.47%

² Annual saving is not available in the SIPP.

³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.

Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.

Data provided by
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