Finding the right frequency
INFLATION HEADLINE FIGURES
UK CPI
A range of flexible fixed income solutions
JUPITER STRATEGIC BOND FUND & JUPITER GLOBAL HIGH YIELD BOND
See more
JUPITER STRATEGIC BOND FUND
Falling inflation has led investors to increasingly expect central bank rate cuts in 2024, leading to strong performance across fixed income. While uncertainty prevails about what the future holds, there are various scenarios in which government bond yields could trade lower from the current elevated levels. The economy might stay resilient but inflation might come back to target, allowing central banks to bring back rates to neutral. Alternatively, the economy might weaken and demand rates below neutral. In both scenarios funds like the Jupiter Strategic Bond Fund might benefit. The investment management team for the fund currently supports a view of much slower growth in the coming months but believes the allocation should perform well also in an environment of stable growth and lower inflation.
VISIT FUND PAGE
Close
UK 5-year forward inflation expectation
rate
%
0.00
10-year yield on
UK Gilts
IF INFLATION
SUBSIDES...
Back to top
See more
IF INFLATION
PERSISTS...
Jupiter STRATEGIC ABSOLUTE RETURN Bond Fund
VISIT FUND PAGE
Macro uncertainty has undoubtedly increased in recent years and that uncertainty around the future path of inflation and interest rates looks set to continue. Traditional fixed income exposures have struggled to diversify investment portfolios both in terms of returns and volatility – this strategy provides an alternative. The strategy aims to deliver more consistent and positive returns within fixed income with a controlled level of volatility, seeking to deliver strong risk adjusted returns. The strategy uses a purely macro driven process, which feels more important now than ever. The portfolio is constructed following a thorough assessment of interest rates, global growth, inflation, and global politics, looking to position the fund to deliver returns whether interest rates are rising or falling. The focus is on government bonds, although the strategy is ‘unconstrained’ and can go anywhere, either long or short. This additional flexibility could be highly beneficial as it can allow the strategy to not just potentially weather the uncertainty but thrive.
Jupiter Strategic Absolute Return Bond Fund
Close
See more
IF UNCERTAINTY
CONTINUES...
JUPITER MONTHLY INCOME BOND FUND & Jupiter Strategic Absolute Return Bond Fund
VISIT FUND PAGE
Macro uncertainty has undoubtedly increased in recent years and that uncertainty around the future path of inflation and interest rates looks set to continue. Traditional fixed income exposures have struggled to diversify investment portfolios both in terms of returns and volatility – this strategy provides an alternative. The strategy aims to deliver more consistent and positive returns within fixed income with a controlled level of volatility, seeking to deliver strong risk adjusted returns. The strategy uses a purely macro driven process, which feels more important now than ever. The portfolio is constructed following a thorough assessment of interest rates, global growth, inflation, and global politics, looking to position the fund to deliver returns whether interest rates are rising or falling. The focus is on government bonds, although the strategy is ‘unconstrained’ and can go anywhere, either long or short. This additional flexibility could be highly beneficial as it can allow the strategy to not just potentially weather the uncertainty but thrive.
Jupiter Strategic Absolute Return Bond Fund
Close
See more
RECESSIONARY
FEARS
JUPITER CORPORATE BOND FUND
VISIT FUND PAGE
Central banks are increasingly pushing back on any prospects of immediate rate cuts. Keeping interest rates at high levels for a longer period could dent demand and hurt corporate earnings. In such an environment, a strategy that invests in high quality companies that are more resilient to the effects of a recession may benefit. The Jupiter Corporate Bond Fund invests at least 70% of its portfolio in fixed interest securities, as well as convertible bonds and preference shares. Investment grade companies usually show more resilience in a recessionary environment. At the same time investment grade bonds tend to benefit from a rise in the price of government bonds (which has historically happened in previous recessionary environments).
Jupiter Corporate Bond Fund
Close
See more
SUSTAINABLE
FIXED INCOME
INVESTING
JUPITER DYNAMIC BOND ESG
VISIT FUND PAGE
Many investors are looking for income in a turbulent world without losing sight of their responsibility to society at large. Issues such as climate change and boosting equality and diversity in society are critical focus areas for governments and corporates alike. Addressing these area through a credible investment strategy in our view calls for specialised skills and deep knowledge of the markets. The Jupiter Dynamic Bond ESG fund aims to achieve a high income with the prospect of capital growth over the long term by investing in a portfolio of investments in global debt securities in respect of which consideration is given to certain environmental, social and governance (“ESG”) characteristics. The Investment Manager's investment process includes consideration of the following two environmental and social characteristics, support of the transition to a low carbon economy and upholding of responsibilities to people and planet.
JUPITER DYNAMIC BOND ESG
Close
Source: Office for National Statistics, 31.12.2023.
0.30
0.60
0.90
1.50
1.80
2.80
3.20
2.40
2.10
3.35
%
4.0
3.6
3.2
2.8
2.4
2.1
1.8
1.5
1.2
0.6
0.0
1.20
0.9
0.3
%
3.79
3.40
3.00
2.60
2.20
1.80
1.50
1.20
0.90
0.60
0.30
0.00
Jupiter funds in the spotlight
Close
Close
Close
Close
Jupiter Monthly Income Bond Fund
Sometimes it’s unclear what’s going to happen and even harder trying to make a prediction about the path inflation and global growth will take. The Jupiter Monthly Income Bond Fund seeks to provide a stable and consistent monthly income by investing in bonds and similar debt instruments issued by companies, banks, governments and other public entities anywhere in the world. The moderate volatility profile historically exhibited by the fund has helped the strategy to deliver steady income to investors in a variety of scenarios.
VISIT FUND PAGE
VISIT FUND PAGE
Sometimes it’s unclear what’s going to happen and even harder trying to make a prediction about the path inflation and global growth will take. The Jupiter Monthly Income Bond Fund seeks to provide a stable and consistent monthly income by investing in bonds and similar debt instruments issued by companies, banks, governments and other public entities anywhere in the world. The moderate volatility profile historically exhibited by the fund has helped the strategy to deliver steady income to investors in a variety of scenarios.
Jupiter Monthly Income Bond Fund
As the global economy faces the heat of high interest rates, various scenarios are being bandied about by market watchers. Terms such as ‘soft landing’, ‘hard landing’, ‘no landing’ and recession are doing the rounds. Variables such as the strength of the labour market, a tense geopolitical environment, oil prices and elections in key countries are being closely followed for directions on the future. The pace and depth of any rate cuts could be dictated by how policy makers perceive the evolving inflation situation. The Bank of England seems to be in a wait-and-see mode for now although it has made good progress in curbing inflation from double digit levels. In these uncertain times, it’s important to cut out the noise, and fine tune your investment choices. Our wide range of fixed income funds may be able to provide the bandwidth to match your wavelength.
Source: Bloomberg as at 31.01.2024.
Source: Bloomberg as at 31.01.2024.
Source: Bloomberg
as at 31.01.2024.
Source: Bloomberg
as at 31.01.2024.
VISIT FUND PAGE
High yield bonds typically provide a higher income than bonds that are considered less likely to default on their principal payment. Reduced demand in the economy or a recession could expose such bonds to higher risks as the revenue of companies issuing such bonds may suffer. Conversely an environment of stable or higher growth might be supportive for high yield companies and bonds issued by such companies.
In any case, investments in such bonds call for thorough research, which means sifting through the profile of thousands of companies operating in a range of geographies and sectors. Selection of assets that are most likely to maximise profits and minimize losses is crucial. The Jupiter Global High Yield Bond aims to achieve income and capital gain over a medium to long term by investing in such bonds.
Jupiter Global High Yield Bond
VISIT FUND PAGE
High yield bonds typically provide a higher income than bonds that are considered less likely to default on their principal payment. Reduced demand in the economy or a recession could expose such bonds to higher risks as the revenue of companies issuing such bonds may suffer. Conversely an environment of stable or higher growth might be supportive for high yield companies and bonds issued by such companies. In any case, investments in such bonds call for thorough research, which means sifting through the profile of thousands of companies operating in a range of geographies and sectors. Selection of assets that are most likely to maximise profits and minimize losses is crucial. The Jupiter Global High Yield Bond aims to achieve income and capital gain over a medium to long term by investing in such bonds.
Jupiter Global High Yield Bond
WHAT ARE YOU
TUNING INTO?
Scroll down
Scroll down
Register for the Fixed Income Roadshow
Jupiter Strategic Bond
The Fund may invest in contingent convertible bonds. These instruments may experience material losses based on certain trigger events. Specifically these triggers may result in a partial or total loss of value, or the investments may be converted into equity, both of which are likely to entail significant losses.
The Fund may use 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. There is also the risk of losses due to the default of a counterparty e.g. on a derivatives contract or a custodian that is safeguarding the Fund’s assets.
The Fund may invest a significant portion of its assets in securities which are those rated below investment grade by a credit rating agency. They are considered to have a greater risk of loss of capital or failing to meet their income payment obligations than higher rated investment grade bonds.
For a more detailed explanation of risk factors, please refer to the “Risk Factors” section of the Scheme Particulars.
This fund can invest more than 35% of its value in securities issued or guaranteed by an EEA state.
Jupiter Global High Yield Bond
The Fund can invest a significant portion of the portfolio in high yield bonds and bonds which are not rated by 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 of not being repaid, particularly during periods of changing market conditions.
The Fund has the ability to use derivatives for efficient portfolio management purposes. Investments in financial derivative instruments used for efficient portfolio management can introduce leverage risks and negatively impact performance.
All the Fund’s charges are taken from capital. Should there not be sufficient capital growth in the Fund this may cause capital erosion.
For a more detailed explanation of risks, please refer to the “Risk Factors” section of the prospectus.
This fund can invest more than 35% of its value in securities issued or guaranteed by an EEA state.
Fund Risks
Close
Jupiter Strategic Absolute Return Bond Fund
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.
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, these investments may be subject to regulatory intervention and/or specific trigger events relating to regulatory capital levels falling to a prespecified 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.
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.
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.
For a more detailed explanation of risks, please refer to the “Risk Factors” section of the prospectus.
This fund can invest more than 35% of its value in securities issued or guaranteed by an EEA state.
Fund Risks
Close
Jupiter Monthly Income Bond Fund
The Fund may invest in contingent convertible bonds. These instruments may experience material losses based on certain trigger events. Specifically these triggers may result in a partial or total loss of value, or the investments may be converted into equity, both of which are likely to entail significant losses. The Fund may use 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. There is also the risk of losses due to the default of a counterparty e.g. on a derivatives contract or a custodian that is safeguarding the Fund’s assets. The Fund may invest a significant portion of its assets in securities which are those rated below investment grade by a credit rating agency. They are considered to have a greater risk of loss of capital or failing to meet their income payment obligations than higher rated investment grade bonds. Some or all of the Fund’s charges are taken from capital. Should there not be sufficient capital growth in the Fund this may cause capital erosion. For a more detailed explanation of risks, please refer to the “Risk Factors” section of the prospectus.
Jupiter Strategic Absolute Return Bond Fund
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. 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, these investments may be subject to regulatory intervention and/or specific trigger events relating to regulatory capital levels falling to a prespecified 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. 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. 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. For a more detailed explanation of risks, please refer to the “Risk Factors” section of the prospectus. This fund can invest more than 35% of its value in securities issued or guaranteed by an EEA state.
Fund Risks
Close
Jupiter Corporate Bond Fund
The Fund may invest in contingent convertible bonds. These instruments may experience material losses based on certain trigger
events. Specifically these triggers may result in a partial or total loss of value, or the investments may be converted into equity, both of which are likely to entail significant losses.
The Fund may use 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. There is also – the risk of losses due to the default of a counterparty e.g. on a derivatives contract or a custodian that is safeguarding the Fund’s assets.
For a more detailed explanation of risk factors, please refer to the “Risk Factors” section of the Scheme Particulars.
This fund can invest more than 35% of its value in securities issued or guaranteed by an EEA state.
Fund Risks
Close
Jupiter Dynamic Bond ESG
The fund can invest a significant portion of the portfolio in high yield bonds and bonds which are not rated by 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 of not being repaid, particularly during periods of changing market conditions.
The Fund may use derivatives for investment purposes which under certain market conditions may cause the Fund to significantly fall in value. Investments in financial derivative instruments can introduce leverage risks which can amplify gains or losses in the Fund. There is a risk that any company providing services such as safe keeping of assets or acting as counterparty to derivatives may become insolvent, which may cause losses to the Fund.
All the share class charges are taken from income. Should there not be sufficient income charges will be taken from capital. All the Fund’s charges are taken from capital. Should there not be sufficient capital growth in the Fund this may cause capital erosion.
The Fund can invest in convertible bonds. The exposure to share price movements in convertible bonds can lead to more volatility than could be expected from a comparable conventional corporate bond.
For a more detailed explanation of risks, please refer to the “Risk Factors” section of the prospectus.
Fund Risks
Close