LU2031211308
JPM Income Fund SGD-Hedged

Fixed income
Global
SGD Cash, SRS
Accumulating

Invest with

SGD Cash, SRS

Payout type

Accumulating

Risk rating

About this fund

Description

The Fund seeks to provide income by investing primarily in a diversified portfolio of fixed income securities.

Key information

Annual report

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Product Highlight Sheet

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Prospectus

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Information Memorandum

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Factsheet

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Our perspective

Why we think this fund is best-in-class

Product

Provides exposure across different markets and sectors of public fixed income, with allocation reflecting JP Morgan Asset Management’s macro views. Managed with the objective of providing a predictable level of income subject to a 4-6% volatility constraint.

People

Managed by a three-man portfolio management team with an average industry experience of more than 26 years, whose expertise also complement one another.Supported by 200+ sector specialists globally for security selection.

Performance

Has delivered strong risk-adjusted return against other income fund peers and has exhibited good downside control during past periods of market drawdown. Has delivered a relatively high income level compared to peers.

Process

Focuses on genuine diversification through the Fund’s asset allocation, meaning that it takes relevant and diversifying risk premiums in different macro regimes and can hedge out the risk they think won’t work in that time.Has strong checks and balances for risk management and ensuring that the portfolio managers are outperforming in the pre-defined and correct way.Employs an income management process to avoid paying income from capital and big fluctuations in income.

Cost

Access to retail share class with 100% trailer fee rebated back to Endowus investors to achieve the lowest cost of access

How it fits in a portfolio

Investors looking for a flexible, multi-sector fixed income portfolio that offers a competitive level of monthly income payout can consider this Fund. Endowus also offers the option for investors to reinvest the income, either through opting for the reinvestment option after making the investment for the SGD share class, or through purchasing the USD accumulation share class directly, so that income return can be compounded for long term growth of wealth. Investors, however, should take note of the target risk and investment objective that you have, and consider complementing the Fund with allocation to other asset classes with different characteristics.Updated as of 2022/11/21

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Performance

Returns

NAV

Shows the total return of this accumulating fund, which includes dividends reinvested.

Total returns

Cumulative

Annualised

All Time

8.62%

YTD

1 month

6 month

1.39%

1 year

3.10%

3 year

9.16%

5 year

4.08%

As of Jan 2026

Distributions

This is an accumulating fund, so dividends are re-invested at the fund level.

Yield

6.63%As of Mar 2025

Risk metrics

Max drawdown

-10.85%As of Jan 2026

Volatility

5.89%As of Jan 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	0.0%	-	-	-	-	-	-	-	-	-	-	-
2025	3.9%	0.8%	0.7%	0.0%	0.2%	0.3%	0.7%	-0.2%	1.0%	-0.2%	0.0%	0.4%	0.2%
2024	4.0%	0.4%	-0.5%	0.9%	-0.4%	0.6%	0.6%	1.1%	1.1%	0.9%	-1.0%	0.4%	0.1%
2023	3.4%	2.3%	-2.0%	0.4%	0.6%	-1.1%	-0.3%	0.6%	-0.1%	-1.1%	-0.6%	2.6%	2.1%
2022	-8.4%	-0.8%	-1.4%	-0.1%	-1.8%	-0.1%	-4.1%	2.8%	-1.5%	-3.6%	0.4%	1.6%	0.1%
Load more		5 of 8

Top Exposures

Holdings

Regions

Sectors

Government National Mortgage Association 5.5% (2056-01-15 Maturity)	10.46%
Government National Mortgage Association 6% (2055-07-20 Maturity)	2.85%
Government National Mortgage Association 6% (2055-09-20 Maturity)	2.63%
Government National Mortgage Association 6% (2056-01-15 Maturity)	2.27%
Government National Mortgage Association 6.5% (2056-01-15 Maturity)	1.53%
Government National Mortgage Association 6.5% (2054-08-20 Maturity)	1.28%
Federal Home Loan Mortgage Corp. 6% (2055-11-01 Maturity)	1.20%
Fnma Pass-Thru I 6% (2055-10-01 Maturity)	1.04%
Federal National Mortgage Association 6% (2054-07-01 Maturity)	0.88%
JPM USD Liquidity LVNAV X (dist.) (2049-12-31 Maturity)	0.86%
Government National Mortgage Association 6.5% (2055-09-20 Maturity)	0.72%
Government National Mortgage Association 6.5% (2055-10-20 Maturity)	0.62%
Federal Home Loan Mortgage Corp. 6.5% (2054-10-01 Maturity)	0.61%
Government National Mortgage Association 6% (2054-09-20 Maturity)	0.57%
Federal Home Loan Mortgage Corp. 6% (2053-07-01 Maturity)	0.54%

Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.

Fund fees

1.20%0.70% p.a.

Save 41%

Save up to 65% in fees

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Fund facts

ISIN

LU2031211308

Fund house

JP Morgan

Fund size

S$13.6B

As of 03 Feb 2026

Fund inception date

14 Aug 2019

Fund class currency

SGD

Fund share class

A (acc) - SGD (hedged)

Oldest share class ISIN

LU1041599405

Oldest share inception date

02 Jun 2014

Pricing frequency

Daily

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LU2031211308JPM Income Fund SGD-Hedged

LU2031211308
JPM Income Fund SGD-Hedged