What are the underlying funds of the Income Investing portfolio?
Income Investing is constructed with funds with different fixed-income strategies, each allocated for its ability to generate reliable income while maintaining a conservative risk profile.
The portfolio consists of five underlying fixed-income funds. They are all SGD-hedged accumulation share classes (which means the dividend will reinvest back into the fund):
Diversified
1. JPM Income Fund A (JINAASH) - 29.5%
Flexible global fixed-income fund focused on maximizing income while maintaining a prudent level of risk.
2. JPM Global Bond Opportunities A (JPMGASA) - 29.5%
Flexible “best ideas” global fixed income fund focused on opportunistic, long-term return approach.
US Aggregate (aka Investment grade)
3. JPM US Aggregate Bond A (JPUAB2A) - 15%
Fixed income fund offering diversified and actively managed US investment grade exposure.
Corporate
4. JPM Global High Yield Bond A (JPGHYHS) - 15%
High-yield fixed income strategy driven by security selection with no quality or duration bias.
Emerging Markets
5. JPM Emerging Markets Debt A (JPEMDSG) - 11%
Fixed Income fund offering diversified and actively managed exposure to sovereign emerging markets bond
By diversifying across different fixed-income strategies, Income Investing aims to mitigate risk and provide a consistent income stream. Over the long term, the expected volatility range is 3%- 7%.