JPMorgan Natural Resources Accumulation Units 
HL comment
Our view on this Fund
Commodities had a strong run in 2009, but Ian Henderson is adopting a balanced approach as we move into the new decade. On the one hand, the fund is focused on base metals (the price of which is more sensitive to economic sentiment), and on the other he maintains exposure to gold, which offers some defensive characteristics during times of uncertainty. We expect this positioning to be effective whilst the economic backdrop remains unclear.
22-02-2010
Information from the fund manager
Please note: The information in this box has been provided by, and is issued by, the fund manager and not Hargreaves Lansdown.
HL group comment: JPMorgan Asset Management
Our view on this Fund Management Group as a whole
This is a group which has been through various mergers and acquisitions over a number of years and has changed its name several times. We have no doubt over the company's success through its combined strength of JP Morgan Investment Management and Chase Fleming Asset Management. Prior to that investors may have come across this company when it used to be known as Save & Prosper and Flemings. JPM is a truly global asset firm with a strong presence in many local markets.
06-05-2009
HL sector comment: Specialist
Our view on this sector
There is a wide range of funds in this sector - for example funds concentrating on bio-technology, financial companies, agriculture, property, commodities, or just investing in a single country. This difference in the area of focus makes it very difficult to draw direct comparisons between these funds. In general, the sector suffered during 2008 as some specialised areas fell heavily, then rebounded strongly in 2009. There are plenty of quality funds in this sector for investors willing to look past the increased levels of risk and volatility.
23-02-2010