JPM US Aggregate Bond A Dis $

Objectives, Process and Policies Objective To achieve a return in excess of US bond markets by investing primarily in US investment grade debt securities. Investment Process Investment Approach Uses a globally integrated research driven investment process that focuses on analysing fundamental, quantitative and technical factors across countries, sectors and issuers. Focuses on bottom-up security selection through a value-oriented approach that seeks to identify inefficiently priced securities to generate returns. Invests across all sectors of USD denominated investment grade debt which includes government, government related, corporate, and securitised debt. Share Class Benchmark Bloomberg US Aggregate Index (Total Return Gross) Benchmark uses and resemblance Performance comparison. The Sub-Fund is actively managed. The majority of issuers in the Sub-Fund are likely to be represented in the benchmark because the Investment Manager uses it as a basis for portfolio construction, but has some discretion to deviate from its composition and risk characteristics within indicative risk parameters. The Sub-Fund will resemble the composition and risk characteristics of its benchmark; however, the Investment Manager's discretion may result in performance that differs from the benchmark. Main investment exposure At least 67% of assets invested in investment grade debt securities (including MBS/ABS) issued or guaranteed by the US government or its agencies and by agencies and by companies that are domiciled, or carrying out the main part of their economic activity, in the US. The Sub-Fund may invest up to 65% of its assets in mortgage-backed securities (MBS) and/or asset-backed securities (ABS). MBS which may be agency (issued by quasi US government agencies) and non-agency (issued by private institutions) refers to debt securities that are backed by mortgages including residential and commercial mortgages, and ABS refers to those that are backed by other types of assets such a

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No