Speaker
Mark Nash
Head of fixed income alternatives, Jupiter Asset Management
Mark is a Fund Manager in the Fixed Income team. Before joining Jupiter, Mark was Head of Fixed Income and a portfolio manager at Merian Global Investors. Prior to this, he worked at Invesco Asset Management, where he was head of global multi-sector portfolio management and head of European fixed income strategy. He began his investment career in 2001. Mark has a BSc in Chemistry and is a CFA® charterholder.
Company profile
Jupiter Asset Management is a specialist, high conviction, active asset manager. We exist to help our clients achieve their long-term investment objectives. From our origins in 1985, Jupiter now offers a range of actively managed strategies available to UK and international clients including equities, fixed income, multi-asset and alternatives. Independence of thought and individual accountability define us. Our fund managers follow their convictions and seek those investment opportunities that they believe will ensure the best outcome for our clients. They do this through fundamental analysis and research, a clear investment process and risk management framework, with a focus on good stewardship.
REGISTER NOW
Register now for the Spotlight On: Alternatives LIVE event – 17 June 2021
Strategy presentation
Mark Nash, Fund Manager, Fixed Income, shares his outlook for global bonds, and discusses the importance of a flexible mandate in a low-to-negative interest environment.
Fund profile
The Jupiter Strategic Absolute Return Bond Fund invests on a true absolute return basis across the full range of the liquid fixed income and currency universe. The team uses global government bonds, foreign exchange, global credit, emerging market debt in addition to derivatives to achieve their absolute return target.
Fund Size: $190.3m
Domicile: Irish ICVC
Data as at 30/04/2021
Top 5 exposures
| Exposures | (%) |
| GOV. OF USA 1.75% 31-JUL-2021 | 5.9 |
| GOV. OF USA 1.75% 31-JUL-2024 | 5.4 |
| GOV. OF USA 0.375% 31-MAR-2022 | 4.8 |
| GOV. OF USA 2.625% 15-MAY-2021 | 4.4 |
| GOV. OF USA 2.125% 15-AUG-2021 | 4.4 |
Data as at 30/04/2021
Data as at 30/04/2021
MORE FUND INFORMATION
Sales contacts
HONG KONG PROFESSIONAL INVESTOR/SINGAPORE INSTITUITIONAL INVESTOR
Terms and Legal notices:
For Hong Kong Professional Investors:
This webpage is intended only for “professional investors” as defined under the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong). Please ensure you read the Offering Documents for this fund before making an investment decision. These documents contain important information including risk factors and details of charges.
For Singapore Institutional Investors:
This webpage has not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, this webpage may not be circulated or distributed, directly or indirectly, to persons in Singapore other than to an institutional investor under Section 304 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”). Please ensure you read the Prospectus (including the Singapore Addendum) for this Fund before making an investment decision. These documents contain important information including risk factors and details of charges.
The value of your investment 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. Past performance is no indication of current or future performance. Investment involves risks.
No information in this document should be interpreted as investment advice. You are advised to exercise caution. If you are in any doubt about any of the contents of this document, you should obtain independent professional advice. This webpage is for information only and is not an offer to sell or an invitation to buy. In particular, it does not constitute an offer or solicitation in any jurisdiction where it is unlawful or where the person making the offer or solicitation is not qualified to do so or the recipient may not lawfully receive any such offer or solicitation. Any holdings and stock examples are used for illustrative purposes only and should not be viewed as investment advice. The views expressed are those of the writer/presenter at the time of preparation and may change in the future. It is the responsibility of any person in possession of this document to inform themselves, and to observe, all applicable laws and regulations of relevant jurisdictions. The information and any opinions contained herein have been obtained from or are based on sources which are believed to be reliable, but the accuracy cannot be guaranteed. No responsibility can be accepted for any consequential loss from this information.
• Investment risk – while the Fund aims to deliver above zero performance irrespective of market conditions, there can be no guarantee this aim will be achieved.
Furthermore, the actual volatility of the Fund may be above or below the expected range, and may also exceed its maximum expected volatility. A capital loss of some or all of the amount invested may occur.
• Emerging markets risk – less developed countries may face more political, economic or structural challenges than developed countries.
• Credit risk – the issuer of a bond or a similar investment within the Fund may not pay income or repay capital to the Fund when due. Bonds which are rated below investment grade are considered to have a higher risk exposure with respect to meeting their payment obligations.
• CoCos and other investments with loss absorbing features – the Fund may hold investments with loss-absorbing features, including up to 20% in contingent convertible bonds (CoCos). These investments may be subject to regulatory intervention and/or specific trigger events relating to regulatory capital levels falling to a pre-specified point. This is a different risk to traditional bonds and may result in their conversion to company shares, or a partial or total loss of value.
• Bond Connect Risk – The rules of the Bond Connect scheme may not always permit the Fund to sell its assets, and may cause the Fund to suffer losses on an investment.
• Interest rate risk – investments in bonds are affected by interest rates and inflation trends which may affect the value of the Fund.
• Liquidity risk – some investments may become hard to value or sell at a desired time and price. In extreme circumstances this may affect the Fund’s ability to meet redemption requests upon demand.
• Derivative risk – the Fund uses derivatives to generate returns and/or to reduce costs and the overall risk of the Fund. Using derivatives can involve a higher level of risk. A small movement in the price of an underlying investment may result in a disproportionately large movement in the price of the derivative investment. Derivatives also involve counterparty risk where the institutions acting as counterparty to derivatives may not meet their contractual obligations.
• Currency risk – the Fund can be exposed to different currencies. The value of your shares may rise and fall as a result of exchange rate movements.
• The Fund may be more than 35% invested in Government and public securities. These can be issued by other countries and Governments. Your attention is drawn to the stated investment policy which is set out in the Fund’s prospectus.
