Challenge
The complexities of fund research
In a world of ever-increasing choice and complexity, with so many demands on your time, it can be hard for you to stay on top of the best investment opportunities and how you might help your clients avoid the biggest risks. What if there was a simple, high-quality way to invest your client’s assets that reduced your research and analysis burden?
Solution
Expert investors at your service
Multi-manager portfolios are run by dedicated teams that research, select and monitor funds, then blend them together in diversified portfolios to suit a variety of risk profiles. This can bring balance, focus and performance potential back to your client’s investments.
The team behind the Jupiter Merlin Portfolios – a suite of multi-manager funds positioned across the risk spectrum – conduct thorough analysis of the investment environment, aiming to identify key turning points in the market, alongside rigorous analysis of funds.
The Jupiter Merlin Portfolios provide your clients with the opportunity to own a diversified portfolio of funds all within one straightforward investment wrapper. Having a dedicated team of professionals monitoring the market for you means that they can adjust to changing market conditions. What is more, they can use their buying power and professional status to give your clients access to investments that may not normally be available to private investors.
The Jupiter Merlin portfolios range is made up of eight actively managed, ‘ready-made’ investment portfolios – taking some of the day-to-day burden off your shoulders. These funds vary in their investment remit from the cautious to the more adventurous. The aim of the range is to meet your clients’ investment needs for capital growth and/or income.
| Jupiter Merlin (whole of market) | Jupiter Merlin Select | OCF1 | IA Sector | Defaqto rating2 | Dynamic Planner Rating3 |
|---|---|---|---|---|---|
| Jupiter Merlin Worldwide Portfolio | 1.51% | Global | 9 | 7 | |
| Jupiter Merlin Growth Portfolio | 1.49% | Flexible Investment | 8 | 7 | |
| Jupiter Merlin Balanced Portfolio | 1.49% | Mixed Inv. 40-85% Shares | 7 | 6 | |
| → Jupiter Merlin Income & Growth Select | 0.89% | Mixed Inv. 40-85% Shares | 6 | 5 | |
| Jupiter Merlin Income Portfolio | 1.40% | Mixed Inv. 20-60% Shares | 5 | 5 | |
| → Jupiter Merlin Moderate Select | 0.86% | Mixed Inv. 20-60% Shares | 4 | 5 | |
| → Jupiter Merlin Monthly Income Select | 0.80% | Mixed Inv. 0-35% Shares | 3 | 4 | |
| → Jupiter Merlin Conservative Select | 0.82% | Mixed Inv. 0-35% Shares | 3 | 4 |
1Source: Jupiter, GBP Acc units, as at 30.06.2024 | 2Source: Defaqto, April 2024 | 3Source: Dynamic Planner, Q2 2024
Benefits
- Actively-managed, ‘ready-made’ investment portfolios
- Designed to suit a wide range of risk appetites
- Research and ongoing maintenance of the portfolios is handled by a team of experienced professionals
- Potential for access to investments that may not normally be available to private investors
Fund specific risks
For a more detailed explanation of risk factors, please refer to the “Risk Factors” section of the Scheme Particulars. All of the Jupiter Merlin portfolios carry the following fund risks:
- Currency (FX) Risk - The Fund can be exposed to different currencies and movements in foreign exchange rates can cause the value of investments to fall as well as rise.
- Pricing Risk - Price movements in financial assets mean the value of assets can fall as well as rise, with this risk typically amplified in more volatile market conditions.
- Derivative risk - the Fund may use derivatives to reduce costs and/or the overall risk of the Fund (this is also known as Efficient Portfolio Management or “EPM”). Derivatives involve a level of risk, however, for EPM they should not increase the overall riskiness of the Fund.
- Counterparty Risk - 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.
Additionally, Jupiter Merlin Conservative Select, Jupiter Merlin Monthly Income Select, Jupiter Merlin Moderate Select have the following fund risk:
- Interest Rate Risk - The Fund can invest in assets whose value is sensitive to changes in interest rates (for example bonds) meaning that the value of these investments may fluctuate significantly with movement in interest rates e.g. the value of a bond tends to decrease when interest rates rise.
- 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.
Furthermore, Jupiter Merlin Conservative Select, Jupiter Merlin Monthly Income Select, and Jupiter Merlin Income & Growth Select have the following fund risk:
- Charges from capital - 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.
Multi-manager portfolios constructed to deliver a range of specific outcomes
Important Information
This marketing communication is intended for investment professionals and is not for the use or benefit of other persons, including retail investors. This communication 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. Past performance is no guide to the future. The views expressed are those of the authors 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 any information provided but no assurances or warranties are given. Company examples are for illustrative purposes only and are not a recommendation to buy or sell. Issued by Jupiter Unit Trust Managers Limited (JUTM), registered address: The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ, which is authorised and regulated by the Financial Conduct Authority. No part of this document may be reproduced in any manner without the prior permission of JUTM.