Data: Net Asset Value (NAV) and Assets under Management (AuM) as of 15 January 2021
Capital is at risk. The value of your investment may go down as well as up and you may not get back the amount you invested. Investors should read the Key risks section of this page, Key Investor Information Document and Prospectus prior to investing.
Fund performance is not available until a year after launch. Index values are calculated by J.P. Morgan. Past performance (actual or simulated) is not a reliable indicator of future performance. 10 year chart rebased at 100.
|Sep 15 - Sep 16||Sep 16 - Sep 17||Sep 17 - Sep 18||Sep 18 - Sep 19||Sep 19 -Sep 20|
|Fund (after fees)||n/a||n/a||n/a||n/a||n/a|
|Since share class inc.|
|Fund (after fees)||n/a||n/a||n/a||n/a||n/a||n/a||n/a||n/a||n/a|
Tabula IM/J.P. Morgan Securities PLC 31 October 2020. Volatility is calculated over the 5 year period.
No capital protection: The value of your investment may go down as well as up and you may not get back the amount you invested.
Market risk: The fund is primarily exposed to credit risk. Returns will suffer if there is a default, or higher perceived risk of default, among the entities referenced by the CDS indices, or a write-down (“bail in”) of an entity’s debt by financial authorities. The Sub-Fund may also be impacted by other factors affecting the value of debt securities issued by those entities, including changes in interest rates and exchange rates. When selling CDS on subordinate debt, such debt may be subordinate to senior debt.
Leverage: The fund may use leverage, so losses may be magnified.
Liquidity risk: Lower liquidity means there are insufficient buyers or sellers to allow the Sub-Fund to sell or buy investments readily. Neither the Index provider nor the issuer make any representation or forecast on the liquidity of CDS transactions.
Counterparty risk: The fund may incur losses if any institution providing services or acting as a derivatives counterparty becomes insolvent.
Credit risk: The issuer of a financial asset held within the fund may not pay income or repay capital to the fund when due.
OTC Total Return Swap risk: Swap returns are subject to the returns of the Index or reference assets. Valuations of a fund’s Investments may in certain circumstances, only be available from a limited number of market participants who may also act as counterparties to these transactions. Such valuations may therefore be subjective and there may be substantial differences between any available valuations.
Currency risk: Currency hedging may not completely eliminate currency risk in the share class and may affect its performance.