Fund Risks

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 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.

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 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.

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.

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.

Important information

This is a marketing communication. Please refer to the latest sales prospectus of the sub-fund and to the Key Investor Information Document (KIID), particularly to the sub-fund’s investment objective and characteristics including those related to ESG (if applicable), before making any final investment decisions.

 

An investment constitutes the acquisition of shares in a fund, not in the fund’s underlying assets. We recommend you discuss any investment decisions with a financial adviser, particularly if you are unsure whether an investment is suitable. Jupiter is unable to provide investment advice.

This document is for informational purposes only and is not investment advice. Market and exchange rate movements can cause the value of an investment to fall as well as rise, and you may get back less than originally invested. Initial charges are likely to have a greater proportionate effect on returns if investments are liquidated in the shorter term.

 

Past performance is not a guide to future performance. The views expressed are those of the author at the time of writing, are not necessarily those of Jupiter as a whole and may be subject to change. This is particularly true during periods of rapidly changing market circumstances. Every effort is made to ensure the accuracy of the information provided but no assurance or warranties are given.

 

The Key Investor Information Document (KIID), Supplementary Information Document and Scheme Particulars for the Jupiter Corporate Bond Fund, Jupiter Strategic Bond Fund, Jupiter Monthly Income Bond Fund and the KIID and Prospectus for the Jupiter Dynamic Bond ESG Fund and the Jupiter Strategic Absolute Return Bond Fund are available for download from www.jupiteram.com. A summary of investor rights in English can be found in the Document Library at www.jupiteram.com. The Management Company may terminate marketing arrangements.

 

Issued by Jupiter Unit Trust Managers Limited (JUTM) for Unit Trust funds, registered address: The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ, authorised and regulated by the Financial Conduct Authority, Jupiter Asset Management International S.A. (JAMI) for the Jupiter Dynamic Bond Fund SICAV and Jupiter Asset Management Series PLC (JAMEL) for the Jupiter Strategic Absolute Return Bond Fund.

 

No part of this document may be reproduced in any manner without the prior permission of JUTM and/or JAMI/JAMEL.