JPM Global Macro A Acc $

Objectives, Process and Policies Objective To achieve, over a medium-term horizon (2 to 3 years), a return in excess of its cash benchmark from a portfolio of securities, globally, using derivatives where appropriate. The Sub-Fund seeks to have a volatility lower than two-thirds of the MSCI All Country World Index (Total Return Net). Investment Process Investment Approach Uses an investment process based on macroeconomic research to identify global investment themes and opportunities. Flexible and focused approach to take advantage of global trends and changes through traditional and non-traditional assets. Fully integrated, risk management framework provides detailed portfolio analysis. Share Class Benchmark ICE BofA SOFR Overnight Rate Index Total Return in USD Benchmark uses and resemblance Performance comparison. The Sub-Fund is actively managed without reference or constraints relative to its benchmark. Main investment exposure Primarily invests, either directly or through derivatives, in debt securities, equities, convertible securities and currencies. The Sub-Fund may also invest in commodity index instruments. Issuers of these securities may be located in any country, including emerging markets. The Sub-Fund may also invest in below investment grade and unrated debt securities. The Sub-Fund may invest up to 10% of its assets in onshore PRC securities including China A-Shares through the China-Hong Kong Stock Connect Programmes and onshore debt securities issued within the PRC through China-Hong Kong Bond Connect. Allocations may vary significantly and the Sub-Fund may be concentrated in, or have net long or net short exposure to, certain markets, sectors or currencies from time to time. Under exceptional market conditions the Sub-Fund may be unable to meet the volatility level stated in the investment objective and the realised volatility may be greater than intended. Up to 100% of assets in Deposits with Credit Institutions and money market instruments and

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No