The Fund aims to achieve a high income with the prospect of capital growth by seeking out the best opportunities within the fixed interest universe globally. The Fund invests in higher yielding assets including high yield bonds, investment grade bonds, government bonds, preference shares, convertible bonds and other bonds. The manager will only enter into derivative transactions for the purpose of efficient management of the portfolio (including, but not limited to, forward currency transactions to hedge exposure in Euro denominated bonds back into Sterling) and not for investment.
The Jupiter Strategic Bond Fund is a 'go anywhere' fixed income fund. The Fund is aimed at investors who want to achieve high income with the prospect of capital growth, while at the same time investing across the credit ratings spectrum. It was launched on 2 June 2008.
The Fund can invest in assets including high yield bonds, investment grade bonds, government bonds, preference shares, convertible bonds and other bonds.
Fund manager Ariel Bezalel aims to seek out the best opportunities within the fixed interest universe on a global basis.
To achieve this, he looks for situations offering value and good risk/reward potential.
He spends much of his time meeting management and researching company fundamentals.
Key fund facts
- Ariel has over 10 years experience in sovereign and credit markets
- Ariel works alongside some of Jupiter's best known managers such as Anthony Nutt and John Chatfeild-Roberts
Past performance should not be seen as a guide to future performance. The value of an investment in a unit trust and the income from it can go down as well as up, it may be affected by exchange rate variations, and you may not get back the amount invested.
The manager has the power to invest a significant proportion of the portfolio in high yield bonds (a type of bond with a low rating from a credit rating agency). While such bonds may offer a higher income, the interest paid on them and their capital value is at greater risk, particularly during periods of changing market conditions. Due to the overall structure of the portfolio, the level of quarterly income payments will not be constant and will fluctuate.
This fund can invest more than 35% of its value in securities issued or guaranteed by an EEA state.
Appropriate Key Investor Information Document (KIID) and relevant scheme documentation are available from Jupiter on request.