{"annotation_id":"21170513-b3ef-4461-8c71-caca24d46331","file_hash":"8b6428713b1c7cba37e6f4a74a874239f669d661d46d0296cc8ab2d1d1adb6f4","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"eb2e7812-17d1-46da-a63d-2239f5aa7443","block_type":"box","text":"MARKETING COMMUNICATION | Factsheet","page_number":1,"box":{"x":50,"y":35,"width":230,"height":8}},{"id":"2291a92d-912f-4cf6-8111-662e7ece3f1a","block_type":"box","text":"| 30 September 2026","page_number":1,"box":{"x":284,"y":35,"width":108,"height":8}},{"id":"c9d2f76c-6feb-43ec-8e2b-b112799e1108","block_type":"box","text":"J","page_number":1,"box":{"x":52,"y":99,"width":16,"height":20}},{"id":"ea5ff29e-a197-4ab2-8f99-2592c3ec7ba4","block_type":"box","text":"P","page_number":1,"box":{"x":73,"y":99,"width":20,"height":20}},{"id":"7a008adf-4049-4694-93ab-1c5d5604363c","block_type":"box","text":"M","page_number":1,"box":{"x":96,"y":99,"width":29,"height":20}},{"id":"2637a54e-733d-41d0-b3a6-819e69ae2854","block_type":"box","text":"J","page_number":1,"box":{"x":137,"y":99,"width":16,"height":20}},{"id":"06332fb9-eb97-421f-9af4-02a39d947cb2","block_type":"box","text":"a","page_number":1,"box":{"x":157,"y":104,"width":20,"height":15}},{"id":"182197a9-bca4-40f2-8b6f-d4f830ba10d4","block_type":"box","text":"p","page_number":1,"box":{"x":180,"y":104,"width":20,"height":21}},{"id":"5827419b-e3df-4f09-a15c-a470a0fa1dc8","block_type":"box","text":"a","page_number":1,"box":{"x":202,"y":104,"width":21,"height":15}},{"id":"c5db624a-da6c-47fb-9bed-177e96c18fd1","block_type":"box","text":"n","page_number":1,"box":{"x":226,"y":104,"width":29,"height":15}},{"id":"0558ba60-2bb5-4c13-b617-1aaf8a3f2047","block_type":"box","text":"F","page_number":1,"box":{"x":258,"y":99,"width":19,"height":20}},{"id":"e5f00fe8-c5ac-4a8a-93bb-1707469628c1","block_type":"box","text":"und","page_number":1,"box":{"x":279,"y":99,"width":65,"height":20}},{"id":"c2f3ddb7-2591-4707-aa21-f86f89717e2a","block_type":"box","text":"C","page_number":1,"box":{"x":52,"y":129,"width":9,"height":8}},{"id":"3720b213-7804-4422-8ab8-708cd023efb7","block_type":"box","text":"l","page_number":1,"box":{"x":63,"y":129,"width":1,"height":8}},{"id":"b1e6c42b-900d-435d-a86f-6af3868c1e34","block_type":"box","text":"a","page_number":1,"box":{"x":66,"y":131,"width":8,"height":6}},{"id":"35bab99b-7035-4b65-ba3b-894b1819d604","block_type":"box","text":"s","page_number":1,"box":{"x":76,"y":131,"width":7,"height":6}},{"id":"1ce64096-0339-4550-bd13-8bcd17c31ba0","block_type":"box","text":"s","page_number":1,"box":{"x":84,"y":131,"width":7,"height":6}},{"id":"f08bc9c0-c136-454b-84e2-7bdff3770531","block_type":"box","text":":","page_number":1,"box":{"x":93,"y":131,"width":2,"height":6}},{"id":"974a6b07-a73e-4939-a05a-8eeff5ad413c","block_type":"box","text":"J","page_number":1,"box":{"x":100,"y":129,"width":6,"height":8}},{"id":"015f4bec-2dc8-48d0-8efb-e27fa24c459d","block_type":"box","text":"P","page_number":1,"box":{"x":109,"y":129,"width":8,"height":8}},{"id":"6ed2c3a4-cb4d-40c2-863f-2f6a2a562785","block_type":"box","text":"M","page_number":1,"box":{"x":118,"y":129,"width":11,"height":8}},{"id":"5af5e048-7d87-4e83-824e-10cebbfc4623","block_type":"box","text":"J","page_number":1,"box":{"x":134,"y":129,"width":6,"height":8}},{"id":"c93f588d-c91b-47cb-a086-8d095af8690a","block_type":"box","text":"a","page_number":1,"box":{"x":142,"y":131,"width":8,"height":6}},{"id":"5aff53ce-d392-40ac-932f-a8277a955ab1","block_type":"box","text":"pa","page_number":1,"box":{"x":152,"y":131,"width":17,"height":8}},{"id":"a4242eee-cd88-462f-8331-1516146e5055","block_type":"box","text":"n","page_number":1,"box":{"x":171,"y":131,"width":7,"height":6}},{"id":"764fd291-4d32-4e56-8ad6-1f1fa80f28fd","block_type":"box","text":"F","page_number":1,"box":{"x":184,"y":129,"width":7,"height":8}},{"id":"c5da7ec4-2eb5-49ea-8328-e4a24e320384","block_type":"box","text":"u","page_number":1,"box":{"x":192,"y":131,"width":7,"height":6}},{"id":"0a701403-b743-4703-afbe-d8ae3af703c7","block_type":"box","text":"n","page_number":1,"box":{"x":202,"y":131,"width":8,"height":6}},{"id":"592d7308-c68a-4fe1-b020-efc4e45e7108","block_type":"box","text":"d C","page_number":1,"box":{"x":211,"y":129,"width":23,"height":8}},{"id":"506924d8-c58e-4636-9656-12bc66c94bcf","block_type":"box","text":"-","page_number":1,"box":{"x":239,"y":134,"width":5,"height":0}},{"id":"f13e8cf6-4bf4-428e-b5fa-f45f9cade1a6","block_type":"box","text":"N","page_number":1,"box":{"x":249,"y":129,"width":9,"height":8}},{"id":"dbe893ea-b540-4389-be55-c5821855f94c","block_type":"box","text":"e","page_number":1,"box":{"x":260,"y":131,"width":8,"height":6}},{"id":"e7ffa01b-4d80-47ec-8fb1-2c917ee3130e","block_type":"box","text":"t","page_number":1,"box":{"x":268,"y":130,"width":5,"height":7}},{"id":"00ab9324-b3f0-48f9-8bcc-69af33ee44cb","block_type":"box","text":"I","page_number":1,"box":{"x":279,"y":129,"width":1,"height":8}},{"id":"0e52521a-8c01-49cd-8fae-79b64a5efa41","block_type":"box","text":"n","page_number":1,"box":{"x":283,"y":131,"width":7,"height":6}},{"id":"ce8b3f53-c108-4c80-9407-c72ed1b40a37","block_type":"box","text":"c","page_number":1,"box":{"x":292,"y":131,"width":7,"height":6}},{"id":"00cde4d1-0966-488b-9b03-03c6e6ad25a1","block_type":"box","text":"o","page_number":1,"box":{"x":301,"y":131,"width":7,"height":6}},{"id":"ee2f7d2a-8d4f-4086-a390-c00d56d46fe9","block_type":"box","text":"m","page_number":1,"box":{"x":310,"y":131,"width":12,"height":6}},{"id":"8b478a44-4867-42dd-ba43-db042c939964","block_type":"box","text":"e","page_number":1,"box":{"x":324,"y":131,"width":8,"height":6}},{"id":"eb5943a7-d516-4ef1-af29-f53fea528e4d","block_type":"box","text":"ESG Integration is the systematic inclusion of financially material ESG \r\nflidhlfiilid","page_number":1,"box":{"x":52,"y":545,"width":419,"height":9}},{"id":"cfb89431-57cc-4865-ac27-f651a6c20b7b","block_type":"box","text":"gyy \r\nfactors, alongside other relevant factors, in investment analysis and \r\nidiiih hlf iik d ii","page_number":1,"box":{"x":51,"y":554,"width":406,"height":8}},{"id":"a1571491-5b74-4f0f-9444-fd3a157682a1","block_type":"box","text":"gy\r\ninvestment decisions with the goals of managing risk and improving \r\nlESG iidbilf hhi","page_number":1,"box":{"x":52,"y":562,"width":414,"height":9}},{"id":"8e2d45b9-4516-4198-9921-f7218812de25","block_type":"box","text":"long\r\nd","page_number":1,"box":{"x":52,"y":571,"width":26,"height":8}},{"id":"34bf138f-d849-429f-b315-1d17b717d69e","block_type":"box","text":"-","page_number":1,"box":{"x":80,"y":575,"width":3,"height":0}},{"id":"a945100d-aaea-464a-a91a-01167bd2aad7","block_type":"box","text":"ggg p\r\nterm returns. ESG integration does not by itself change this \r\n'ibjildifif","page_number":1,"box":{"x":84,"y":571,"width":356,"height":8}},{"id":"f4981a30-ece7-471c-9145-a9540814f99b","block_type":"box","text":"ggy g\r\nproduct's investment objective, exclude specific types of companies or \r\niiibliThididid f","page_number":1,"box":{"x":52,"y":579,"width":426,"height":9}},{"id":"0a11fbf3-d77b-4704-a90a-a2bcdecdd23c","block_type":"box","text":"pjpypp\r\nconstrain its investable universe. This product is not designed for \r\nihlkifdhifiESG","page_number":1,"box":{"x":51,"y":588,"width":395,"height":9}},{"id":"2ff0372d-9922-40dd-977b-50d3c9d96681","block_type":"box","text":"pg\r\ninvestors who are looking for a product that meets specific ESG goals or \r\nih ilf iih","page_number":1,"box":{"x":52,"y":596,"width":429,"height":9}},{"id":"7ffdb88b-db75-49a1-9017-514e1219f3ce","block_type":"box","text":"g ppg\r\nwish to screen out particular types of companies or investments, other \r\nhhid blibllh iild","page_number":1,"box":{"x":51,"y":605,"width":422,"height":9}},{"id":"4022562b-5948-4972-b76e-44b5d82ddb54","block_type":"box","text":"pypp\r\nthan those required by any applicable law such as companies involved \r\nihfdilf liiESG","page_number":1,"box":{"x":51,"y":614,"width":428,"height":8}},{"id":"13b3bc2c-8fd1-4076-9476-9aedaf0eb916","block_type":"box","text":"qy y ppp\r\nin the manufacture, production or supply of cluster munitions. ESG \r\niidilhhFd ikd hid","page_number":1,"box":{"x":52,"y":622,"width":404,"height":9}},{"id":"11fcd00e-c4d2-4522-86ec-98895a3ad0de","block_type":"box","text":"pppy \r\nintegration does not imply that the Fund is marketed or authorised as an \r\nESG dijidiihh hiiiid","page_number":1,"box":{"x":52,"y":631,"width":432,"height":9}},{"id":"f7a204a0-2c74-43e9-bc54-e9aa48f38e79","block_type":"box","text":"gpy \r\nESG product in any jurisdiction where such authorisation is required.","page_number":1,"box":{"x":52,"y":639,"width":419,"height":9}},{"id":"16591128-5662-4b3c-a171-e45ac9b5329b","block_type":"box","text":"Fund overview","page_number":1,"box":{"x":52,"y":181,"width":116,"height":9}},{"id":"4ba1c7a2-bb59-4601-bd08-4cde1a92752a","block_type":"box","text":"ISIN","page_number":1,"box":{"x":53,"y":198,"width":24,"height":7}},{"id":"f9025462-528a-4b45-bd29-a445fb7e1c1b","block_type":"box","text":"Sedol","page_number":1,"box":{"x":179,"y":198,"width":34,"height":7}},{"id":"cb3c4b54-1982-4f8a-8441-ffeb04f8659e","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":254,"y":198,"width":66,"height":9}},{"id":"e13e48ad-dfe3-4967-b4c9-9507a02c0274","block_type":"box","text":"Reuters","page_number":1,"box":{"x":358,"y":198,"width":47,"height":7}},{"id":"fd98f435-0488-46c6-a76e-25853fd3e775","block_type":"box","text":"GB00B235RJ39","page_number":1,"box":{"x":53,"y":209,"width":94,"height":7}},{"id":"ee4d91b5-cd02-4973-b73c-6184303ab0b7","block_type":"box","text":"B235RJ3","page_number":1,"box":{"x":180,"y":209,"width":50,"height":7}},{"id":"14b35cf3-eb01-4c76-afe3-a0ad78d4934a","block_type":"box","text":"JPMJNCI LN","page_number":1,"box":{"x":253,"y":209,"width":72,"height":7}},{"id":"e04fada0-3ac9-4b85-97cf-3154d68afd14","block_type":"box","text":"GB00B235RJ39.LUF","page_number":1,"box":{"x":358,"y":209,"width":121,"height":7}},{"id":"05bae30e-6a82-40d3-91f1-61c54a87c67b","block_type":"box","text":"Investment objective:","page_number":1,"box":{"x":53,"y":229,"width":134,"height":8}},{"id":"b3b38539-f679-42a0-afee-3ca339ec2550","block_type":"box","text":"To provide capital growth over the long","page_number":1,"box":{"x":196,"y":229,"width":230,"height":8}},{"id":"30e90366-cd17-402d-94a1-75ddfee7e35f","block_type":"box","text":"-","page_number":1,"box":{"x":427,"y":233,"width":4,"height":0}},{"id":"c455518b-e083-4f61-a7a4-d0f47b217f02","block_type":"box","text":"term (5","page_number":1,"box":{"x":431,"y":229,"width":41,"height":8}},{"id":"e58e749a-3e9b-4cde-90f9-d49e19ab143c","block_type":"box","text":"-","page_number":1,"box":{"x":474,"y":233,"width":3,"height":0}},{"id":"2a642e03-0ce1-4277-bcb8-effd8a2ddb89","block_type":"box","text":"10 years) by investing at least 80% of the Fund's assets in the shares of","page_number":1,"box":{"x":53,"y":241,"width":420,"height":8}},{"id":"e6f0a505-15b9-4109-a744-59b8ff396904","block_type":"box","text":"Japanese companies.","page_number":1,"box":{"x":52,"y":252,"width":134,"height":9}},{"id":"29ff7404-1820-4c44-bfc9-08f644be0613","block_type":"box","text":"Investment approach","page_number":1,"box":{"x":52,"y":268,"width":133,"height":9}},{"id":"8ab154d9-9096-4e0a-a60a-51929fd14acf","block_type":"box","text":"Uses a fundamental, bottom","page_number":1,"box":{"x":60,"y":280,"width":169,"height":8}},{"id":"a3193f68-e79c-45ec-9865-6a8ebda3fcba","block_type":"box","text":"-","page_number":1,"box":{"x":230,"y":284,"width":4,"height":1}},{"id":"b6be6eee-d750-48e4-893d-520681f535db","block_type":"box","text":"up stock selection process.","page_number":1,"box":{"x":236,"y":280,"width":164,"height":9}},{"id":"11beec1b-6a2f-444b-94a6-442ed0c3acd4","block_type":"box","text":"Uses a high conviction approach to finding the best investment ideas.","page_number":1,"box":{"x":60,"y":293,"width":420,"height":9}},{"id":"ec92bed9-cc0c-4021-96f9-3294ee734034","block_type":"box","text":"Seeks to identify high quality companies with superior and","page_number":1,"box":{"x":60,"y":306,"width":353,"height":9}},{"id":"396bf1e6-afdd-426d-bda8-8227b44d944d","block_type":"box","text":"sustainable growth potential.","page_number":1,"box":{"x":60,"y":317,"width":176,"height":9}},{"id":"5c7c92c5-94c5-40b5-b993-f29396bcdd70","block_type":"box","text":"BENCHMARK USES","page_number":1,"box":{"x":53,"y":341,"width":120,"height":7}},{"id":"e23bd739-1637-4a32-8fab-320a7a6693db","block_type":"box","text":"The Fund is actively managed. The Benchmark is a Performance","page_number":1,"box":{"x":53,"y":355,"width":387,"height":9}},{"id":"169979a6-9d57-44fd-b18c-08df4f5c4be7","block_type":"box","text":"Comparator and the Fund may bear little resemblance to its","page_number":1,"box":{"x":54,"y":366,"width":355,"height":9}},{"id":"85ec9d84-02c5-4631-9788-32aa1cbe86d4","block_type":"box","text":"Benchmark. The Benchmark has been chosen as it reflects the main","page_number":1,"box":{"x":55,"y":377,"width":410,"height":7}},{"id":"b77b0e8a-de13-4620-8598-3656ca5f1101","block_type":"box","text":"investment universe and strategy for the Fund.","page_number":1,"box":{"x":54,"y":389,"width":279,"height":8}},{"id":"8a4c9d10-ee87-4522-9c62-65f449c92cf3","block_type":"box","text":"ESG information","page_number":1,"box":{"x":53,"y":519,"width":130,"height":9}},{"id":"78030ee7-141f-4906-b954-eaaebc56bccf","block_type":"box","text":"ESG approach","page_number":1,"box":{"x":53,"y":535,"width":88,"height":8}},{"id":"fcab4729-0567-4fd9-8c64-2c7d56d13d2d","block_type":"box","text":"-","page_number":1,"box":{"x":147,"y":538,"width":4,"height":2}},{"id":"f9fddbd3-b2bc-4517-9afa-2b96c48ea005","block_type":"box","text":"Integrated","page_number":1,"box":{"x":156,"y":535,"width":64,"height":8}},{"id":"fdb38ff3-5a09-4984-ba4b-3e34650c1c0b","block_type":"box","text":"l","page_number":1,"box":{"x":53,"y":280,"width":4,"height":3}},{"id":"12e3bc00-9492-40ad-bce1-342b73edeff1","block_type":"box","text":"l","page_number":1,"box":{"x":53,"y":293,"width":4,"height":3}},{"id":"6843e122-2fdc-43d8-b813-e4f0b3b17b5d","block_type":"box","text":"l","page_number":1,"box":{"x":53,"y":306,"width":4,"height":3}},{"id":"29ab12f8-aa41-4636-b089-66bd930e0050","block_type":"box","text":"Portfolio manager(s)","page_number":1,"box":{"x":53,"y":407,"width":125,"height":9}},{"id":"a61cc05e-2ddb-4285-ac91-720bc39f23ee","block_type":"box","text":"Nicholas Weindling","page_number":1,"box":{"x":53,"y":420,"width":118,"height":9}},{"id":"94fbc5fa-2f98-4081-ac2c-541ff1717b7e","block_type":"box","text":"Miyako Urabe","page_number":1,"box":{"x":53,"y":432,"width":80,"height":8}},{"id":"9d4afaf6-a4fb-4e11-9c7a-a0effdb12c17","block_type":"box","text":"Shoichi Mizusawa","page_number":1,"box":{"x":53,"y":443,"width":109,"height":7}},{"id":"e7008320-eada-4150-b322-cbaa2821fe6d","block_type":"box","text":"Fund reference","page_number":1,"box":{"x":53,"y":456,"width":95,"height":7}},{"id":"139d5c80-8ca4-4946-b2d5-2843b5c069f1","block_type":"box","text":"currency","page_number":1,"box":{"x":53,"y":469,"width":55,"height":7}},{"id":"46b9df5b-0ed3-41df-b27e-b7f724ee15b6","block_type":"box","text":"GBP","page_number":1,"box":{"x":112,"y":468,"width":27,"height":6}},{"id":"a8a26a55-2ed9-492f-80e4-bea83ec9eed0","block_type":"box","text":"Share class","page_number":1,"box":{"x":193,"y":407,"width":71,"height":7}},{"id":"6f3f9c4f-765b-4af1-a7c5-bd07ee1dccea","block_type":"box","text":"currency","page_number":1,"box":{"x":192,"y":420,"width":56,"height":7}},{"id":"b430d958-ba41-4000-99ae-084c976599a6","block_type":"box","text":"GBP","page_number":1,"box":{"x":252,"y":419,"width":27,"height":7}},{"id":"390d7fe5-83f5-44d5-9ca4-b9c6ac97cdfa","block_type":"box","text":"Fund assets","page_number":1,"box":{"x":193,"y":432,"width":76,"height":7}},{"id":"568af0e8-4174-47c8-8e31-e1c807747d13","block_type":"box","text":"£","page_number":1,"box":{"x":192,"y":445,"width":7,"height":7}},{"id":"0caa7c8d-a51d-4016-b441-c167a4874c35","block_type":"box","text":"875.7m","page_number":1,"box":{"x":200,"y":445,"width":41,"height":7}},{"id":"ea6ae4d9-b9f2-48a7-9541-0b6dc604ee98","block_type":"box","text":"Fund launch","page_number":1,"box":{"x":193,"y":459,"width":78,"height":7}},{"id":"a200df90-185f-4b30-8219-868baf8a04c2","block_type":"box","text":"1 Apr 1970","page_number":1,"box":{"x":193,"y":472,"width":55,"height":9}},{"id":"dd51274a-0dcc-4030-a24b-ece1880f88c1","block_type":"box","text":"NAV","page_number":1,"box":{"x":193,"y":486,"width":26,"height":6}},{"id":"5b802841-a986-4945-b513-bb4b84560505","block_type":"box","text":"506.30p","page_number":1,"box":{"x":223,"y":486,"width":51,"height":8}},{"id":"adf6a837-7eb4-47e5-85fa-4ce333f7f2eb","block_type":"box","text":"Class launch","page_number":1,"box":{"x":311,"y":407,"width":81,"height":7}},{"id":"7988c02f-9985-42b8-8aa7-6c0e25b81bbc","block_type":"box","text":"20 Aug 2012","page_number":1,"box":{"x":310,"y":420,"width":72,"height":9}},{"id":"59023965-1597-42a7-b3e8-f4cfebe14f2d","block_type":"box","text":"Domicile","page_number":1,"box":{"x":311,"y":434,"width":53,"height":7}},{"id":"2bae0694-dd8a-484c-9575-a6b34b47ed22","block_type":"box","text":"United Kingdom","page_number":1,"box":{"x":369,"y":434,"width":102,"height":9}},{"id":"98b0eb7d-f76d-4823-ac90-2ff6e692e3be","block_type":"box","text":"Entry/exit charges","page_number":1,"box":{"x":311,"y":448,"width":117,"height":9}},{"id":"99e45540-3194-4377-995f-7f83a0cade72","block_type":"box","text":"Entry charge (max) 0.00%","page_number":1,"box":{"x":311,"y":461,"width":154,"height":8}},{"id":"8044a00f-bab8-434f-8c97-c310adf4dd8d","block_type":"box","text":"Exit charge (max) 0.00%","page_number":1,"box":{"x":311,"y":472,"width":144,"height":9}},{"id":"da8d4c72-b1ec-41cd-8e03-085178984300","block_type":"box","text":"Ongoing charge","page_number":1,"box":{"x":311,"y":486,"width":100,"height":8}},{"id":"4a2f09d5-f930-44e2-bad0-c499ca4bf444","block_type":"box","text":"0.82%","page_number":1,"box":{"x":417,"y":486,"width":36,"height":7}},{"id":"77efd2ff-4ab9-4f3f-8914-594bb55e34da","block_type":"box","text":"Fund ratings","page_number":1,"box":{"x":518,"y":183,"width":103,"height":11}},{"id":"b5800d5f-ba33-433e-96a5-81542013526a","block_type":"box","text":"As at 31 August 2026","page_number":1,"box":{"x":629,"y":185,"width":111,"height":8}},{"id":"4d200601-2194-4aac-97ab-3eec53f5c250","block_type":"box","text":"Performance","page_number":1,"box":{"x":519,"y":292,"width":104,"height":9}},{"id":"a985603f-fa81-4c32-8a00-b089ba66f8f8","block_type":"box","text":"Quarterly rolling 12","page_number":1,"box":{"x":520,"y":502,"width":108,"height":8}},{"id":"ec4af082-9f73-4d6d-ad06-5701ec2914c2","block_type":"box","text":"-","page_number":1,"box":{"x":629,"y":505,"width":4,"height":1}},{"id":"8a7732a8-e4fb-4683-a85f-2975ad3a97a3","block_type":"box","text":"month performance (%)","page_number":1,"box":{"x":635,"y":502,"width":134,"height":8}},{"id":"240381f2-acf9-4ffe-ae02-2e9f2db55d5b","block_type":"box","text":"As at end of September 2026","page_number":1,"box":{"x":517,"y":515,"width":160,"height":8}},{"id":"f647855c-9477-40c5-a615-327f6d87bf2e","block_type":"box","text":"Calendar Year Performance (%)","page_number":1,"box":{"x":520,"y":564,"width":179,"height":8}},{"id":"6632e45c-144c-4e29-b8d4-19030ec2755e","block_type":"box","text":"Cumulative","page_number":1,"box":{"x":613,"y":648,"width":72,"height":7}},{"id":"13192568-0b8d-4c47-9d56-b5766dd9f6de","block_type":"box","text":"Annualised","page_number":1,"box":{"x":829,"y":648,"width":72,"height":7}},{"id":"9f29a98b-68e7-430e-905c-fbbc7dfab785","block_type":"box","text":"1 month","page_number":1,"box":{"x":548,"y":660,"width":50,"height":7}},{"id":"b0dc989c-330d-4a11-ac50-476bdd2f56cc","block_type":"box","text":"3 months","page_number":1,"box":{"x":606,"y":660,"width":59,"height":7}},{"id":"b2e3c54b-5ec1-4203-8f04-4740957445cc","block_type":"box","text":"1 year","page_number":1,"box":{"x":674,"y":660,"width":36,"height":9}},{"id":"6628d01f-85f3-4e80-9486-aced58f87c30","block_type":"box","text":"YTD","page_number":1,"box":{"x":723,"y":660,"width":24,"height":7}},{"id":"832e1d40-6b7a-4080-8075-5da13b8829d2","block_type":"box","text":"3 years","page_number":1,"box":{"x":786,"y":660,"width":44,"height":9}},{"id":"e90b4fd4-bc54-41e0-b7ee-51220cff3d97","block_type":"box","text":"5 years","page_number":1,"box":{"x":848,"y":660,"width":45,"height":9}},{"id":"759c53b3-0064-48cf-af6b-453131c5b81a","block_type":"box","text":"10 years","page_number":1,"box":{"x":903,"y":660,"width":51,"height":9}},{"id":"82ff85c8-a399-4663-8827-874a02cf8c9c","block_type":"box","text":"2.61","page_number":1,"box":{"x":562,"y":672,"width":21,"height":7}},{"id":"a6ea11b4-952d-41d9-9eaf-ca248f588d6a","block_type":"box","text":"2.68","page_number":1,"box":{"x":623,"y":672,"width":24,"height":7}},{"id":"bfcdc065-4316-4d6c-9e7c-5fd0b610d409","block_type":"box","text":"14.23","page_number":1,"box":{"x":676,"y":672,"width":30,"height":7}},{"id":"29a0e3d0-5216-4b2b-a353-a7c8d1ce9107","block_type":"box","text":"15.92","page_number":1,"box":{"x":721,"y":672,"width":30,"height":7}},{"id":"48d52253-d7c5-4125-8735-ee11dcfd43b1","block_type":"box","text":"19.41","page_number":1,"box":{"x":794,"y":672,"width":27,"height":7}},{"id":"7c90075a-7012-4c40-a30a-fd33f9162074","block_type":"box","text":"4.28","page_number":1,"box":{"x":859,"y":672,"width":24,"height":7}},{"id":"bb624419-7ebb-4851-927c-ee94983c5457","block_type":"box","text":"9.09","page_number":1,"box":{"x":916,"y":672,"width":26,"height":7}},{"id":"147ca40f-f054-468f-b03f-81056d2bb253","block_type":"box","text":"3.30","page_number":1,"box":{"x":559,"y":684,"width":26,"height":7}},{"id":"b4045dd1-59c8-48e2-80a5-587403c99d2e","block_type":"box","text":"7.11","page_number":1,"box":{"x":626,"y":684,"width":18,"height":7}},{"id":"9e29da18-a565-4031-86d9-4141d2262a23","block_type":"box","text":"27.11","page_number":1,"box":{"x":679,"y":684,"width":25,"height":7}},{"id":"5e93b458-91dc-4f62-81ae-bc1314a58497","block_type":"box","text":"23.78","page_number":1,"box":{"x":720,"y":684,"width":31,"height":7}},{"id":"e0288aca-3b1e-4d44-bb6b-b2237930c37a","block_type":"box","text":"17.87","page_number":1,"box":{"x":794,"y":684,"width":28,"height":7}},{"id":"548dc1dc-4c69-4a09-8dd2-c68528b27b34","block_type":"box","text":"10.10","page_number":1,"box":{"x":856,"y":684,"width":30,"height":7}},{"id":"5e8f9af0-be44-47b1-ae0e-383213769c9b","block_type":"box","text":"9.09","page_number":1,"box":{"x":916,"y":684,"width":26,"height":7}},{"id":"82f6b9c9-778c-40c5-b1b1-410d52e2d034","block_type":"box","text":"Past performance is not a guide to current and future performance.","page_number":1,"box":{"x":518,"y":722,"width":424,"height":9}},{"id":"4db9ffef-fa88-4fd9-9215-41116b4eed91","block_type":"box","text":"The value of your investments and any income from them may fall","page_number":1,"box":{"x":519,"y":733,"width":417,"height":9}},{"id":"55e3f71d-1816-4e3c-8674-b9817b2f27f8","block_type":"box","text":"as well as rise and you may not get back the full amount you","page_number":1,"box":{"x":518,"y":744,"width":384,"height":9}},{"id":"31450bd5-ae4c-4019-9a6c-a609af93da02","block_type":"box","text":"invested.","page_number":1,"box":{"x":518,"y":756,"width":57,"height":6}},{"id":"c0169995-3ef0-4c24-a108-37d03fb4d5a9","block_type":"box","text":"For more information on our approach to sustainable investing at J.P.","page_number":1,"box":{"x":519,"y":783,"width":414,"height":9}},{"id":"ba5cdf33-3546-4786-aaf0-b184762e1be3","block_type":"box","text":"Morgan Asset Management please visit","page_number":1,"box":{"x":519,"y":794,"width":236,"height":9}},{"id":"cbe5bac3-2cf9-4071-990c-195206d71ce7","block_type":"box","text":"https://am.jpmorgan.com/uk/esg","page_number":1,"box":{"x":519,"y":805,"width":215,"height":9}},{"id":"b924145d-94af-4b31-a91d-c7f0d37fb5d9","block_type":"box","text":"Performance Disclosures","page_number":1,"box":{"x":520,"y":711,"width":145,"height":6}},{"id":"9e3a2a77-3f4c-4070-882c-f617674785cc","block_type":"box","text":"ESG","page_number":1,"box":{"x":520,"y":772,"width":22,"height":6}},{"id":"c696c6fb-013b-442f-9572-5040c313c2dc","block_type":"box","text":"Morningstar Medalist Rating™","page_number":1,"box":{"x":517,"y":201,"width":190,"height":9}},{"id":"6d3837cb-072b-453c-ac2e-90a7c675b8ae","block_type":"box","text":"GOLD","page_number":1,"box":{"x":712,"y":202,"width":29,"height":6}},{"id":"6b480a77-5e44-4afb-a1cb-8925b55592c8","block_type":"box","text":"Analyst","page_number":1,"box":{"x":517,"y":213,"width":46,"height":9}},{"id":"eb527e16-8293-48cd-af52-d6c2e5140ef7","block_type":"box","text":"-","page_number":1,"box":{"x":565,"y":217,"width":4,"height":1}},{"id":"e8f11b7a-ae1c-45b3-b551-3e065838f991","block_type":"box","text":"Driven %","page_number":1,"box":{"x":571,"y":213,"width":54,"height":7}},{"id":"301441f8-a18c-4d54-bfff-0888ec0fcc71","block_type":"box","text":"100","page_number":1,"box":{"x":630,"y":214,"width":18,"height":6}},{"id":"9e8ce761-4249-44cf-9f2d-77b1a0b37227","block_type":"box","text":"Data Coverage %","page_number":1,"box":{"x":517,"y":225,"width":106,"height":9}},{"id":"c7b29e53-7cbd-4c8c-9070-f56d5db88c29","block_type":"box","text":"100","page_number":1,"box":{"x":628,"y":226,"width":18,"height":6}},{"id":"e1a50518-3496-41d6-aa68-ff2ce06f09d7","block_type":"box","text":"Morningstar Category™","page_number":1,"box":{"x":517,"y":237,"width":147,"height":9}},{"id":"b6a3a8bb-d44d-4346-8949-27c06cabd6c3","block_type":"box","text":"Japan Large","page_number":1,"box":{"x":669,"y":237,"width":79,"height":9}},{"id":"1aecbbbb-d5b0-43f3-a6d4-5168ff62d1cc","block_type":"box","text":"-","page_number":1,"box":{"x":750,"y":241,"width":4,"height":1}},{"id":"b5e70d42-2eb5-458a-8b21-4ea1222c646e","block_type":"box","text":"Cap Growth Equity","page_number":1,"box":{"x":755,"y":237,"width":120,"height":9}},{"id":"bf449457-2cb4-4675-af50-ff56c148ec45","block_type":"box","text":"FE Crown Fund","page_number":1,"box":{"x":517,"y":251,"width":97,"height":7}},{"id":"1446dd5e-dce8-4cf7-b101-7efab997f19e","block_type":"box","text":"Rayner Spencer Mills rated fund","page_number":1,"box":{"x":517,"y":263,"width":203,"height":9}},{"id":"9b49e83d-460e-440b-a3e8-439b969041aa","block_type":"box","text":"Square Mile Research rating","page_number":1,"box":{"x":517,"y":275,"width":177,"height":9}},{"id":"ed4f6dd0-cb5c-4edc-8cc8-76148f665310","block_type":"box","text":"A","page_number":1,"box":{"x":699,"y":275,"width":9,"height":7}},{"id":"72e6a929-40de-45b8-a3fa-de26792aa067","block_type":"box","text":"Class:","page_number":1,"box":{"x":534,"y":308,"width":37,"height":7}},{"id":"70570435-0485-4cea-af4d-75f21c4e83e1","block_type":"box","text":"JPM Japan Fund C","page_number":1,"box":{"x":575,"y":308,"width":111,"height":8}},{"id":"0bcae35f-a670-4ae9-9145-8d80e48e9ba3","block_type":"box","text":"-","page_number":1,"box":{"x":690,"y":312,"width":4,"height":1}},{"id":"3e10b8bf-0f05-4d66-9550-5c74b0ed52cc","block_type":"box","text":"Net Income","page_number":1,"box":{"x":698,"y":308,"width":68,"height":7}},{"id":"8e8239af-7ba6-4aec-85c8-c0d3ef849396","block_type":"box","text":"Benchmark:","page_number":1,"box":{"x":535,"y":320,"width":73,"height":7}},{"id":"c9944945-8760-47f7-ac11-9ce8213fa05d","block_type":"box","text":"TOPIX (Net)","page_number":1,"box":{"x":612,"y":320,"width":64,"height":8}},{"id":"48cbd308-f0b9-40b4-9673-cb3abb919609","block_type":"box","text":"Sector average:","page_number":1,"box":{"x":534,"y":332,"width":96,"height":9}},{"id":"59540489-4597-404c-86a1-28d30f31ede3","block_type":"box","text":"Japan","page_number":1,"box":{"x":635,"y":332,"width":36,"height":8}},{"id":"cd7dae1c-57b1-4fa6-ac6c-9067c7ae3862","block_type":"box","text":"1","page_number":1,"box":{"x":523,"y":308,"width":4,"height":7}},{"id":"b88f3710-40a2-4233-ac97-0800c4e7a03c","block_type":"box","text":"2","page_number":1,"box":{"x":522,"y":320,"width":6,"height":7}},{"id":"3bce9daf-7adf-4aab-817f-40bab66214f4","block_type":"box","text":"3","page_number":1,"box":{"x":522,"y":332,"width":6,"height":7}},{"id":"c67fd267-611e-410f-aed1-8b4ea3ed99ae","block_type":"box","text":"Growth of","page_number":1,"box":{"x":517,"y":348,"width":61,"height":7}},{"id":"8f777e3a-e9cd-4fa8-bdc8-435d69de2e88","block_type":"box","text":"£","page_number":1,"box":{"x":583,"y":348,"width":7,"height":7}},{"id":"cab7c1c2-4b57-40c2-b921-6f3a970d21c2","block_type":"box","text":"100,000","page_number":1,"box":{"x":595,"y":348,"width":51,"height":8}},{"id":"f48d26c9-3f09-426e-92f7-7fba37a80102","block_type":"box","text":"Calendar years","page_number":1,"box":{"x":649,"y":349,"width":88,"height":8}},{"id":"4c16fbf5-e5a2-4160-ab15-291d71b092a3","block_type":"box","text":"30 Sep 2021","page_number":1,"box":{"x":554,"y":489,"width":64,"height":9}},{"id":"b5832fd5-e2d5-4e5a-93a5-a35becb30d6c","block_type":"box","text":"30 Sep 2026","page_number":1,"box":{"x":873,"y":489,"width":72,"height":9}},{"id":"c765e1b6-f972-4553-a2ce-d74f1d60cad3","block_type":"box","text":"2021/2022","page_number":1,"box":{"x":546,"y":527,"width":66,"height":7}},{"id":"d29d37f2-a976-4062-b368-ea6602a10964","block_type":"box","text":"2022/2023","page_number":1,"box":{"x":629,"y":527,"width":67,"height":7}},{"id":"2b737d94-c56a-44f9-9af4-ff26223e2a2b","block_type":"box","text":"2023/2024","page_number":1,"box":{"x":712,"y":527,"width":67,"height":7}},{"id":"acb5643c-0b65-49fb-bf33-fbf7e71aed4b","block_type":"box","text":"2024/2025","page_number":1,"box":{"x":796,"y":527,"width":68,"height":7}},{"id":"d47dc822-97ef-462f-a653-5695589ce797","block_type":"box","text":"2025/2026","page_number":1,"box":{"x":878,"y":527,"width":69,"height":7}},{"id":"96cc074b-7fba-4d2d-bed6-fe40e75c70fb","block_type":"box","text":"-","page_number":1,"box":{"x":560,"y":543,"width":3,"height":1}},{"id":"5edadc91-9e96-4b71-9b0c-c68a6ca8efdb","block_type":"box","text":"30.36","page_number":1,"box":{"x":564,"y":539,"width":34,"height":7}},{"id":"148db76f-3416-4175-b4d7-ebad77055653","block_type":"box","text":"3.98","page_number":1,"box":{"x":649,"y":539,"width":25,"height":7}},{"id":"21d32cee-cf08-4bbe-85d2-5c7833048556","block_type":"box","text":"23.47","page_number":1,"box":{"x":730,"y":539,"width":31,"height":7}},{"id":"cdbe9bfc-1bba-4e3c-a4d8-34dbfac971e3","block_type":"box","text":"20.72","page_number":1,"box":{"x":814,"y":539,"width":32,"height":7}},{"id":"9b93a366-0085-4ba7-96b5-f8c2dea4012d","block_type":"box","text":"14.23","page_number":1,"box":{"x":898,"y":539,"width":29,"height":7}},{"id":"1a5426eb-d641-45ce-9e1f-d87c0a32e10c","block_type":"box","text":"-","page_number":1,"box":{"x":562,"y":555,"width":4,"height":1}},{"id":"ccbf44ea-c76d-45e4-b7dc-73015f26a871","block_type":"box","text":"13.89","page_number":1,"box":{"x":567,"y":551,"width":29,"height":7}},{"id":"88f149df-f885-4aad-b3f4-465b7a4320c5","block_type":"box","text":"14.70","page_number":1,"box":{"x":647,"y":551,"width":30,"height":7}},{"id":"2787e29d-7ed0-4521-901b-9fffcefb6640","block_type":"box","text":"10.27","page_number":1,"box":{"x":731,"y":551,"width":30,"height":7}},{"id":"6eb68a67-3686-4efc-8720-853a43250b16","block_type":"box","text":"16.85","page_number":1,"box":{"x":815,"y":551,"width":30,"height":7}},{"id":"43e346c7-74b1-4bce-af7f-fb6968a4a7a4","block_type":"box","text":"27.11","page_number":1,"box":{"x":900,"y":551,"width":25,"height":7}},{"id":"28da79ce-7025-4a29-915f-789ddacf50b8","block_type":"box","text":"2016","page_number":1,"box":{"x":558,"y":577,"width":29,"height":7}},{"id":"f835e0d0-fbea-4157-b513-8f1768b70c46","block_type":"box","text":"2017","page_number":1,"box":{"x":600,"y":577,"width":27,"height":7}},{"id":"11bddfc3-1af7-41c3-9f91-998c0a0452a2","block_type":"box","text":"2018","page_number":1,"box":{"x":640,"y":577,"width":28,"height":7}},{"id":"d3a4cd47-db2c-49af-b6f3-5fbed7fdef02","block_type":"box","text":"2019","page_number":1,"box":{"x":680,"y":577,"width":28,"height":7}},{"id":"d5785701-3bf8-43f6-a52f-9b1f1ec5c56a","block_type":"box","text":"2020","page_number":1,"box":{"x":720,"y":577,"width":31,"height":7}},{"id":"565283bf-e465-4483-ae3b-9f3a4395b797","block_type":"box","text":"2021","page_number":1,"box":{"x":761,"y":577,"width":28,"height":7}},{"id":"bf7d6217-d245-4bb6-ab42-668b7e056671","block_type":"box","text":"2022","page_number":1,"box":{"x":802,"y":577,"width":29,"height":7}},{"id":"67c5c3a1-8ec3-4213-9cbd-46fa0659c77e","block_type":"box","text":"2023","page_number":1,"box":{"x":842,"y":577,"width":29,"height":7}},{"id":"4de78541-9056-418a-8d6c-03891ead43ab","block_type":"box","text":"2024","page_number":1,"box":{"x":883,"y":577,"width":30,"height":7}},{"id":"f0bf614b-7d54-4ccb-92c6-2d93b88daf54","block_type":"box","text":"2025","page_number":1,"box":{"x":918,"y":577,"width":31,"height":7}},{"id":"dbdbf924-8eeb-4f03-b959-447c52ab5c91","block_type":"box","text":"18.18","page_number":1,"box":{"x":560,"y":589,"width":27,"height":7}},{"id":"2aab455e-8425-47c2-a4b3-13a117a1d7fc","block_type":"box","text":"24.77","page_number":1,"box":{"x":598,"y":589,"width":30,"height":7}},{"id":"442a8256-181a-446b-af38-f73476b17675","block_type":"box","text":"-","page_number":1,"box":{"x":640,"y":593,"width":4,"height":1}},{"id":"1a4e0aad-12e3-4075-82a9-366b3a48c199","block_type":"box","text":"8.36","page_number":1,"box":{"x":645,"y":589,"width":24,"height":7}},{"id":"2b615f55-ed7b-4c77-bf82-52623338024f","block_type":"box","text":"25.13","page_number":1,"box":{"x":680,"y":589,"width":29,"height":7}},{"id":"dde3ee66-4956-442e-9144-063e05b5ea2a","block_type":"box","text":"38.72","page_number":1,"box":{"x":720,"y":589,"width":31,"height":7}},{"id":"70855a93-6bf0-448f-81a4-0055278b3b73","block_type":"box","text":"-","page_number":1,"box":{"x":763,"y":593,"width":3,"height":1}},{"id":"dd07adbc-9757-45d8-8f8b-cf572f4216ba","block_type":"box","text":"2.19","page_number":1,"box":{"x":767,"y":589,"width":23,"height":7}},{"id":"f77bdfc6-edf6-4719-aeed-1f9394dd8a0c","block_type":"box","text":"-","page_number":1,"box":{"x":798,"y":593,"width":4,"height":1}},{"id":"b69f5e0f-f224-4b85-a8e9-0731dd96f122","block_type":"box","text":"25.55","page_number":1,"box":{"x":803,"y":589,"width":32,"height":7}},{"id":"dc76237e-f0e1-4588-8168-f3753d9d9b61","block_type":"box","text":"9.54","page_number":1,"box":{"x":844,"y":589,"width":25,"height":7}},{"id":"c1ba12d5-317a-4045-9be2-2bd2cd098009","block_type":"box","text":"17.77","page_number":1,"box":{"x":884,"y":589,"width":26,"height":7}},{"id":"f771dbd2-ba26-4ad9-9d9c-69b11098b310","block_type":"box","text":"15.51","page_number":1,"box":{"x":921,"y":589,"width":26,"height":7}},{"id":"0709a6fd-26a4-4b3a-9025-80ef9dfffa62","block_type":"box","text":"23.00","page_number":1,"box":{"x":556,"y":601,"width":34,"height":7}},{"id":"9873d77e-6bf4-4504-83ba-9bcaaafeb082","block_type":"box","text":"15.23","page_number":1,"box":{"x":599,"y":601,"width":29,"height":7}},{"id":"4162939a-6861-4fef-a209-a5f846645585","block_type":"box","text":"-","page_number":1,"box":{"x":640,"y":605,"width":4,"height":1}},{"id":"f36f2311-d023-4e62-bb00-5eb3a3af99fc","block_type":"box","text":"8.89","page_number":1,"box":{"x":645,"y":601,"width":24,"height":7}},{"id":"192ab4a3-ffe1-484b-af51-47417c6e0ac7","block_type":"box","text":"15.32","page_number":1,"box":{"x":680,"y":601,"width":29,"height":7}},{"id":"0783a5ae-9ed4-408f-9897-eb4ff16c41dc","block_type":"box","text":"8.83","page_number":1,"box":{"x":723,"y":601,"width":24,"height":7}},{"id":"2ee5cd6c-8236-404b-a06d-963a640dd8ff","block_type":"box","text":"1.60","page_number":1,"box":{"x":764,"y":601,"width":23,"height":7}},{"id":"451116fa-d014-40ea-9db0-db07b0672100","block_type":"box","text":"-","page_number":1,"box":{"x":802,"y":605,"width":3,"height":1}},{"id":"74f6a7f3-d162-4c4f-b026-ddfacf8905aa","block_type":"box","text":"4.88","page_number":1,"box":{"x":806,"y":601,"width":25,"height":7}},{"id":"66300d0c-a249-4e0c-9871-75470640d32b","block_type":"box","text":"12.83","page_number":1,"box":{"x":842,"y":601,"width":29,"height":7}},{"id":"91eb469a-5c3e-4767-9836-f411c8371d3e","block_type":"box","text":"9.68","page_number":1,"box":{"x":886,"y":601,"width":24,"height":7}},{"id":"fd5d5bdd-bd56-440c-9a5b-d5c1b6d2e2b1","block_type":"box","text":"16.69","page_number":1,"box":{"x":920,"y":601,"width":29,"height":7}},{"id":"e2b92ccf-df93-4b05-be51-cc5a319952d8","block_type":"box","text":"Yield and cumulative performance (%)","page_number":1,"box":{"x":518,"y":614,"width":219,"height":8}},{"id":"694eacb1-0d29-4dd6-b839-5cc7377d8e08","block_type":"box","text":"Yield:","page_number":1,"box":{"x":517,"y":627,"width":33,"height":6}},{"id":"6b8028d4-fb63-4fc2-8842-158fc4dd22e6","block_type":"box","text":"0.48%","page_number":1,"box":{"x":555,"y":627,"width":38,"height":6}},{"id":"5a4da14c-cafe-46df-9d69-a3d81bd83c85","block_type":"box","text":"Latest dividend rate (may be estimated):","page_number":1,"box":{"x":518,"y":638,"width":220,"height":7}},{"id":"a0f0731f-8dc5-476e-a2bb-9ad617c1b2ad","block_type":"box","text":"2.42p","page_number":1,"box":{"x":742,"y":638,"width":28,"height":7}},{"id":"52b98876-718e-43e8-89a7-799e00f6178a","block_type":"box","text":"Ex","page_number":1,"box":{"x":801,"y":638,"width":11,"height":6}},{"id":"1533762d-3700-4c79-a243-0ff5b5685c08","block_type":"box","text":"-","page_number":1,"box":{"x":813,"y":641,"width":3,"height":1}},{"id":"bb4a946f-130e-4514-852d-67e60df2266c","block_type":"box","text":"dividend date:","page_number":1,"box":{"x":817,"y":638,"width":78,"height":6}},{"id":"a674793e-f74e-40c1-9443-5777243fc895","block_type":"box","text":"2 Feb 2026","page_number":1,"box":{"x":899,"y":638,"width":55,"height":6}},{"id":"51315658-3edf-42a2-9bb9-11bcc9a3fb5f","block_type":"box","text":"Risk and Reward Profile","page_number":1,"box":{"x":671,"y":35,"width":131,"height":6}},{"id":"09d24bc1-9ed3-4543-bb8b-0b371bb897df","block_type":"box","text":"Lower Risk","page_number":1,"box":{"x":671,"y":44,"width":59,"height":6}},{"id":"a1e2ba47-0090-443f-8a83-b0f4f6371c24","block_type":"box","text":"Potentially lower reward","page_number":1,"box":{"x":671,"y":53,"width":116,"height":7}},{"id":"64833ff3-f823-4eeb-8d40-fcd7c8a67a02","block_type":"box","text":"Higher Risk","page_number":1,"box":{"x":890,"y":44,"width":63,"height":8}},{"id":"1673e57f-f271-4e4e-93e2-f6438402073e","block_type":"box","text":"Potentially higher reward","page_number":1,"box":{"x":831,"y":53,"width":121,"height":7}},{"id":"1da69467-5e0f-4c2e-b9f6-21ab5976ceb0","block_type":"box","text":"Portfolio analysis","page_number":2,"box":{"x":54,"y":112,"width":135,"height":11}},{"id":"5ebfd89d-d5db-4fe2-ad41-78f9d880d052","block_type":"box","text":"Measurement","page_number":2,"box":{"x":53,"y":126,"width":77,"height":6}},{"id":"e7e6ba74-817c-43fd-912b-72e62a5b8a31","block_type":"box","text":"3 years","page_number":2,"box":{"x":298,"y":126,"width":39,"height":8}},{"id":"b9152ebe-feb3-4584-b708-281e3dc6ef47","block_type":"box","text":"5 years","page_number":2,"box":{"x":442,"y":126,"width":39,"height":8}},{"id":"1a070c01-4753-4bd2-88ae-76a54264281e","block_type":"box","text":"Correlation","page_number":2,"box":{"x":52,"y":137,"width":60,"height":6}},{"id":"4f01244f-cab0-418c-bbc9-50dc25c27784","block_type":"box","text":"0.88","page_number":2,"box":{"x":316,"y":137,"width":22,"height":6}},{"id":"24b60f01-414f-47eb-bafb-697990ef876c","block_type":"box","text":"0.86","page_number":2,"box":{"x":458,"y":137,"width":23,"height":6}},{"id":"8deb6630-95e5-425c-9ba4-2ee182c2bdd7","block_type":"box","text":"Alpha (%)","page_number":2,"box":{"x":52,"y":148,"width":49,"height":8}},{"id":"3008a480-3d71-4075-967c-82ab7bafffe2","block_type":"box","text":"1.30","page_number":2,"box":{"x":317,"y":148,"width":21,"height":6}},{"id":"47c553cc-a751-41a5-be8a-3e6beafdc331","block_type":"box","text":"-","page_number":2,"box":{"x":454,"y":152,"width":3,"height":0}},{"id":"823505e5-f8e6-4557-b462-e4a4f30f6c2a","block_type":"box","text":"5.29","page_number":2,"box":{"x":458,"y":148,"width":23,"height":6}},{"id":"ce318179-19e6-4688-9d0d-ffb362ea02d1","block_type":"box","text":"Beta","page_number":2,"box":{"x":53,"y":159,"width":24,"height":6}},{"id":"b6eaaf99-7842-4481-a842-a4f30034ffdf","block_type":"box","text":"1.10","page_number":2,"box":{"x":319,"y":159,"width":18,"height":6}},{"id":"62929af6-2f2c-406e-a54b-fdd949fbefcc","block_type":"box","text":"1.26","page_number":2,"box":{"x":461,"y":159,"width":20,"height":6}},{"id":"78b75687-8ecd-4fb5-a1ec-49b81944a3d3","block_type":"box","text":"Annualised volatility (%)","page_number":2,"box":{"x":52,"y":170,"width":123,"height":7}},{"id":"7ea62190-9c7f-4161-858b-e3c8b9bfe280","block_type":"box","text":"15.58","page_number":2,"box":{"x":310,"y":170,"width":28,"height":6}},{"id":"a3b54eb2-a27a-4e21-baef-24c144a29986","block_type":"box","text":"17.47","page_number":2,"box":{"x":456,"y":170,"width":25,"height":6}},{"id":"6048928c-4661-435d-acfc-f021dd0cb277","block_type":"box","text":"Sharpe ratio","page_number":2,"box":{"x":52,"y":181,"width":67,"height":7}},{"id":"a71f994a-d299-4d9b-b3ff-fa923f5729c6","block_type":"box","text":"0.93","page_number":2,"box":{"x":315,"y":181,"width":23,"height":6}},{"id":"e024b385-ee5d-410f-8329-64a4839b8496","block_type":"box","text":"0.12","page_number":2,"box":{"x":461,"y":181,"width":20,"height":6}},{"id":"8d894c01-d547-480b-a814-5f683d1c7abb","block_type":"box","text":"Tracking error (%)","page_number":2,"box":{"x":52,"y":191,"width":96,"height":8}},{"id":"6b254299-bafa-4bd8-bbce-31282faa7894","block_type":"box","text":"7.53","page_number":2,"box":{"x":316,"y":191,"width":22,"height":7}},{"id":"c4a8183c-69ea-48c2-83ea-bd171825be37","block_type":"box","text":"9.38","page_number":2,"box":{"x":459,"y":191,"width":22,"height":7}},{"id":"f8929eb3-ceda-4aa1-90b2-499fe63c8f3f","block_type":"box","text":"Information ratio","page_number":2,"box":{"x":53,"y":202,"width":89,"height":6}},{"id":"cf611507-bee7-4b5a-9d08-1d6953024643","block_type":"box","text":"0.23","page_number":2,"box":{"x":316,"y":202,"width":22,"height":6}},{"id":"d8fe1c23-3b84-49ba-9c1a-39e7ee69bce7","block_type":"box","text":"-","page_number":2,"box":{"x":454,"y":206,"width":3,"height":1}},{"id":"e899349f-b116-40ad-a385-9cb9fbbae063","block_type":"box","text":"0.49","page_number":2,"box":{"x":458,"y":202,"width":23,"height":6}},{"id":"1fd57b86-caf8-4de4-8c9e-94fc0ff56496","block_type":"box","text":"Holdings","page_number":2,"box":{"x":54,"y":230,"width":70,"height":11}},{"id":"b84329c7-d90f-47c4-998c-4b593d9d6d60","block_type":"box","text":"Top 10","page_number":2,"box":{"x":53,"y":245,"width":35,"height":8}},{"id":"94dc7488-fee6-418c-9203-3b299d663d79","block_type":"box","text":"Sector","page_number":2,"box":{"x":275,"y":245,"width":35,"height":6}},{"id":"96167783-8571-43c0-8c69-4761db12b12e","block_type":"box","text":"% of assets","page_number":2,"box":{"x":410,"y":245,"width":59,"height":6}},{"id":"2de7b5c9-52e7-40e8-890d-da5902dbcb2b","block_type":"box","text":"Mitsubishi UFJ Financial","page_number":2,"box":{"x":54,"y":258,"width":122,"height":6}},{"id":"08c5c262-40f9-405e-bd92-156bbdd309df","block_type":"box","text":"Banks","page_number":2,"box":{"x":275,"y":258,"width":34,"height":6}},{"id":"cc7d6ac1-ddee-4edf-a754-1be6de750d92","block_type":"box","text":"9.5","page_number":2,"box":{"x":452,"y":258,"width":17,"height":6}},{"id":"c7ab60b6-c180-4463-856a-95a64368541c","block_type":"box","text":"Recruit","page_number":2,"box":{"x":54,"y":270,"width":36,"height":6}},{"id":"89907f53-69dc-4ad3-b2f5-28ff0df06fc1","block_type":"box","text":"Services","page_number":2,"box":{"x":275,"y":270,"width":45,"height":6}},{"id":"81f4bbde-00b8-4797-9948-e7f56fa27d7d","block_type":"box","text":"7.5","page_number":2,"box":{"x":453,"y":270,"width":16,"height":6}},{"id":"8732dea1-0de2-48be-a8c5-62efb2957b15","block_type":"box","text":"Advantest","page_number":2,"box":{"x":53,"y":283,"width":54,"height":6}},{"id":"5432ccb4-b3ed-444f-9a6b-8b25714b1e65","block_type":"box","text":"Electric Appliances","page_number":2,"box":{"x":275,"y":283,"width":99,"height":7}},{"id":"b78c6eba-658d-4197-99b0-728018fbb211","block_type":"box","text":"4.6","page_number":2,"box":{"x":453,"y":283,"width":16,"height":6}},{"id":"0980f06e-07b7-4773-a1ae-55b45dace915","block_type":"box","text":"Fast Retailing","page_number":2,"box":{"x":54,"y":295,"width":69,"height":8}},{"id":"1983db8e-6163-407f-94e0-ad3e549152d2","block_type":"box","text":"Retail Trade","page_number":2,"box":{"x":275,"y":295,"width":63,"height":6}},{"id":"feb2f61e-e1b7-4a27-83e8-73d40c264e0c","block_type":"box","text":"4.2","page_number":2,"box":{"x":454,"y":295,"width":15,"height":6}},{"id":"fa9f0ad2-eaa2-487f-8dbc-424c2342ae87","block_type":"box","text":"Tokyo Electron","page_number":2,"box":{"x":53,"y":308,"width":79,"height":7}},{"id":"3299987b-20b0-4a46-8307-4b65b2128be0","block_type":"box","text":"Electric Appliances","page_number":2,"box":{"x":275,"y":308,"width":99,"height":7}},{"id":"1c60aeeb-0ed1-419d-ac37-e674b13992f8","block_type":"box","text":"3.8","page_number":2,"box":{"x":454,"y":308,"width":15,"height":6}},{"id":"73d98f82-1611-4219-8ce5-bda8149955b7","block_type":"box","text":"Tokio Marine","page_number":2,"box":{"x":53,"y":320,"width":69,"height":6}},{"id":"2fa72e9d-9a0f-415c-b1c3-70d88fb41393","block_type":"box","text":"Insurance","page_number":2,"box":{"x":275,"y":320,"width":54,"height":6}},{"id":"f666e5c8-9bdb-49da-b8bb-86310d50f6ca","block_type":"box","text":"3.6","page_number":2,"box":{"x":453,"y":320,"width":16,"height":6}},{"id":"5f03cf62-5dd8-4038-a669-ebaf51e10cd5","block_type":"box","text":"Asics","page_number":2,"box":{"x":53,"y":333,"width":27,"height":6}},{"id":"ea633653-31b1-43b9-91e7-12e889fd22db","block_type":"box","text":"Other Products","page_number":2,"box":{"x":275,"y":333,"width":80,"height":6}},{"id":"c8d5535b-ce39-4dc9-ab45-a6c2c0b62cb7","block_type":"box","text":"3.5","page_number":2,"box":{"x":453,"y":333,"width":16,"height":6}},{"id":"180e65cf-6271-4e1e-894a-2478706c1f02","block_type":"box","text":"Ryohin Keikaku","page_number":2,"box":{"x":54,"y":345,"width":82,"height":8}},{"id":"d91088f0-6165-4901-8d7b-45ccffec0f3b","block_type":"box","text":"Retail Trade","page_number":2,"box":{"x":275,"y":345,"width":63,"height":6}},{"id":"3a1aabfa-0c87-4cfe-9c7f-1cac0410930b","block_type":"box","text":"3.2","page_number":2,"box":{"x":454,"y":345,"width":15,"height":6}},{"id":"ca337154-4e7a-4140-ba5e-405af8c616fc","block_type":"box","text":"Itochu","page_number":2,"box":{"x":54,"y":358,"width":32,"height":6}},{"id":"36dbedab-2e99-4607-a3d5-2e261bb3eb82","block_type":"box","text":"Wholesale Trade","page_number":2,"box":{"x":274,"y":358,"width":90,"height":6}},{"id":"6b553d5f-ab6a-458f-a6e8-979cd24b3355","block_type":"box","text":"3.0","page_number":2,"box":{"x":453,"y":358,"width":16,"height":6}},{"id":"09e9b907-c9b5-4abd-9949-0c817830a083","block_type":"box","text":"Sumitomo Electric Inds","page_number":2,"box":{"x":53,"y":370,"width":123,"height":7}},{"id":"ff328e36-0145-466d-99fe-8e32579119ed","block_type":"box","text":"Non","page_number":2,"box":{"x":275,"y":371,"width":21,"height":6}},{"id":"f555c434-4a60-432b-b88d-7314bfa52bc9","block_type":"box","text":"-","page_number":2,"box":{"x":297,"y":374,"width":4,"height":1}},{"id":"62bf47e2-4d01-40bb-ac33-390e387eb758","block_type":"box","text":"Ferrous Metals","page_number":2,"box":{"x":303,"y":371,"width":78,"height":6}},{"id":"358d3573-99d6-4d80-8d40-842f7b950a06","block_type":"box","text":"3.0","page_number":2,"box":{"x":453,"y":370,"width":16,"height":7}},{"id":"aa384549-ac9e-4e78-a89c-266bd7223f4b","block_type":"box","text":"Market cap (%) (USD)","page_number":2,"box":{"x":525,"y":133,"width":115,"height":8}},{"id":"91e4811b-6828-49b5-8b6f-22ea68de72f6","block_type":"box","text":"As at 31 August 2026","page_number":2,"box":{"x":645,"y":133,"width":108,"height":8}},{"id":"75900ce6-dec0-48b5-829e-007dcebf99b2","block_type":"box","text":"39.65","page_number":2,"box":{"x":692,"y":156,"width":30,"height":6}},{"id":"5d8cae98-dbbf-4672-9aec-064ff6850064","block_type":"box","text":"> 100 bn","page_number":2,"box":{"x":730,"y":156,"width":43,"height":6}},{"id":"8b230b7c-e736-43be-9c51-5844c53b40fd","block_type":"box","text":"44.00","page_number":2,"box":{"x":692,"y":171,"width":29,"height":7}},{"id":"ea4990a7-14a4-4eca-862b-72084fb372bc","block_type":"box","text":"10 bn","page_number":2,"box":{"x":730,"y":171,"width":27,"height":7}},{"id":"da3b7152-69b7-4a25-9c50-164a4100d1ff","block_type":"box","text":"-","page_number":2,"box":{"x":761,"y":175,"width":4,"height":1}},{"id":"798b7a03-4324-495f-96c0-ff4a2d3c519e","block_type":"box","text":"100 bn","page_number":2,"box":{"x":768,"y":171,"width":34,"height":7}},{"id":"5af596b5-985e-4e2c-a884-47c939f2f36a","block_type":"box","text":"15.95","page_number":2,"box":{"x":693,"y":187,"width":28,"height":6}},{"id":"d7d581e7-18f4-4761-9ad2-be306b9ca1e6","block_type":"box","text":"1 bn","page_number":2,"box":{"x":730,"y":187,"width":20,"height":6}},{"id":"a5218b46-24e3-46b4-a710-329333ee0b9c","block_type":"box","text":"-","page_number":2,"box":{"x":754,"y":191,"width":4,"height":1}},{"id":"9bbfd140-d312-41f0-b8b2-1b8d92cb7db8","block_type":"box","text":"10 bn","page_number":2,"box":{"x":761,"y":187,"width":27,"height":6}},{"id":"3a3b62a9-e6de-4d35-9335-da66cafb8cbe","block_type":"box","text":"0.40","page_number":2,"box":{"x":693,"y":203,"width":22,"height":6}},{"id":"cd326037-d730-4960-aa4d-a390dd553dbc","block_type":"box","text":"< 1 bn","page_number":2,"box":{"x":730,"y":203,"width":29,"height":6}},{"id":"6d7b722e-e47f-4685-b3b9-24d09598c5fa","block_type":"box","text":"Figures shown may not add up to 100 due to rounding.","page_number":2,"box":{"x":525,"y":241,"width":319,"height":9}},{"id":"6ede1f86-2c0e-41f6-a250-561d92052b61","block_type":"box","text":"Sectors (%)","page_number":2,"box":{"x":524,"y":269,"width":62,"height":8}},{"id":"d2780028-00f9-4254-bac2-d7d6e249979f","block_type":"box","text":"Compared to benchmark","page_number":2,"box":{"x":807,"y":269,"width":140,"height":8}},{"id":"81f8e4a6-3713-4aef-b746-5b393236525a","block_type":"box","text":"Electric Appliances","page_number":2,"box":{"x":524,"y":281,"width":99,"height":8}},{"id":"b391c700-40a2-4d99-a384-ad15bdd35a55","block_type":"box","text":"19.8","page_number":2,"box":{"x":742,"y":281,"width":20,"height":6}},{"id":"796d6f0a-85f7-4da7-abeb-3334469db95a","block_type":"box","text":"-","page_number":2,"box":{"x":931,"y":285,"width":3,"height":0}},{"id":"b7b938fd-21e7-4f87-98cb-95b31eead530","block_type":"box","text":"1.3","page_number":2,"box":{"x":935,"y":281,"width":13,"height":6}},{"id":"968bbcdd-6f30-46a1-a239-3c97dc59315f","block_type":"box","text":"Banks","page_number":2,"box":{"x":524,"y":292,"width":34,"height":6}},{"id":"3ac076e6-e037-453c-9ad5-a7a9392c214b","block_type":"box","text":"14.6","page_number":2,"box":{"x":742,"y":292,"width":21,"height":6}},{"id":"9ebc80b6-26fd-4276-b95f-ff5afea2b25b","block_type":"box","text":"+1.7","page_number":2,"box":{"x":928,"y":292,"width":20,"height":6}},{"id":"6193b308-6ff0-4e8b-bca4-d224d706f54a","block_type":"box","text":"Services","page_number":2,"box":{"x":523,"y":303,"width":45,"height":6}},{"id":"38fc95a4-4b27-41d6-8b40-3a6af26dbee7","block_type":"box","text":"9.9","page_number":2,"box":{"x":746,"y":303,"width":16,"height":6}},{"id":"961448f1-8f72-4833-bb97-4abee081e9fa","block_type":"box","text":"+5.7","page_number":2,"box":{"x":926,"y":303,"width":22,"height":6}},{"id":"163bae60-46c4-4a77-8388-a4c3d481d475","block_type":"box","text":"Retail Trade","page_number":2,"box":{"x":524,"y":314,"width":62,"height":6}},{"id":"5c57ec28-7fb3-45dd-95cc-c740781cd1b3","block_type":"box","text":"7.4","page_number":2,"box":{"x":748,"y":314,"width":16,"height":6}},{"id":"41900c18-dd79-4b1e-8e4c-d44ede6b5c24","block_type":"box","text":"+3.8","page_number":2,"box":{"x":927,"y":314,"width":22,"height":6}},{"id":"c6ea6f63-b64a-4e28-bc20-2148a06793d8","block_type":"box","text":"Precision Instruments","page_number":2,"box":{"x":524,"y":325,"width":117,"height":6}},{"id":"0af21263-1895-4b33-a116-5c4181e83159","block_type":"box","text":"5.3","page_number":2,"box":{"x":747,"y":324,"width":15,"height":7}},{"id":"02a2178b-9c71-46da-8b05-0468c6d29aa0","block_type":"box","text":"+3.6","page_number":2,"box":{"x":926,"y":324,"width":22,"height":7}},{"id":"685d4ce8-2ff2-4268-9c62-a0c9fe9127ff","block_type":"box","text":"Machinery","page_number":2,"box":{"x":524,"y":335,"width":55,"height":8}},{"id":"1c421c51-8a1f-4105-a2e5-a1e270e8aada","block_type":"box","text":"5.0","page_number":2,"box":{"x":746,"y":335,"width":16,"height":6}},{"id":"a7e879ed-0605-4b5e-8842-2150a1f0d3eb","block_type":"box","text":"-","page_number":2,"box":{"x":928,"y":339,"width":4,"height":1}},{"id":"ca32989a-70a7-429f-91a2-e64770f76ad4","block_type":"box","text":"0.8","page_number":2,"box":{"x":933,"y":335,"width":15,"height":6}},{"id":"32ca0b3b-dfdf-49b4-aee7-b6fab1f4a1b9","block_type":"box","text":"Non","page_number":2,"box":{"x":524,"y":346,"width":20,"height":6}},{"id":"9b95db3b-aa35-459f-974d-ca46a0d11455","block_type":"box","text":"-","page_number":2,"box":{"x":546,"y":350,"width":3,"height":0}},{"id":"203eabb8-b499-490e-af1a-5bdf5a8f2743","block_type":"box","text":"Ferrous Metals","page_number":2,"box":{"x":551,"y":346,"width":79,"height":6}},{"id":"c5ddba2d-4498-4015-a508-633c01abb53a","block_type":"box","text":"4.3","page_number":2,"box":{"x":748,"y":346,"width":15,"height":6}},{"id":"f34e6741-ebab-4eab-bd02-6117b21138ee","block_type":"box","text":"+1.9","page_number":2,"box":{"x":927,"y":346,"width":21,"height":6}},{"id":"9ad68b69-9c63-4ab3-b312-27243453d1de","block_type":"box","text":"Wholesale Trade","page_number":2,"box":{"x":523,"y":357,"width":89,"height":6}},{"id":"e312f792-6e7d-4746-a0c5-acdb7c77392d","block_type":"box","text":"4.0","page_number":2,"box":{"x":747,"y":357,"width":15,"height":6}},{"id":"69e26b34-3146-40eb-83cd-c95dca167847","block_type":"box","text":"-","page_number":2,"box":{"x":928,"y":361,"width":4,"height":0}},{"id":"9d55d661-e8bc-4e1f-a08f-f4d4b01bed52","block_type":"box","text":"3.5","page_number":2,"box":{"x":933,"y":357,"width":15,"height":6}},{"id":"9ce4b779-d484-440c-b643-43b07ac12be9","block_type":"box","text":"Insurance","page_number":2,"box":{"x":524,"y":368,"width":54,"height":6}},{"id":"0d741456-1b20-451d-97b6-6c207f97a720","block_type":"box","text":"3.6","page_number":2,"box":{"x":747,"y":368,"width":15,"height":6}},{"id":"30c28fe6-5972-4fbe-8589-2b3aa7b27a6e","block_type":"box","text":"+0.1","page_number":2,"box":{"x":927,"y":368,"width":21,"height":6}},{"id":"b4a95cff-6311-41eb-ae3d-1a476b4be0e8","block_type":"box","text":"Other Products","page_number":2,"box":{"x":523,"y":379,"width":81,"height":6}},{"id":"295153c4-db67-4a27-885e-9bd8ba44fbc3","block_type":"box","text":"3.6","page_number":2,"box":{"x":747,"y":379,"width":15,"height":6}},{"id":"6b062b4a-8b9c-4c2b-9508-74142befb402","block_type":"box","text":"+1.6","page_number":2,"box":{"x":927,"y":379,"width":21,"height":6}},{"id":"3fb01fcc-a8fd-40a6-bf56-de1712e71700","block_type":"box","text":"Others","page_number":2,"box":{"x":523,"y":390,"width":36,"height":6}},{"id":"bd8fe69b-f428-44dd-b586-b83a47f48381","block_type":"box","text":"18.9","page_number":2,"box":{"x":742,"y":390,"width":21,"height":6}},{"id":"8b5908e2-cbcb-4d49-a97f-9fc04407447c","block_type":"box","text":"-","page_number":2,"box":{"x":923,"y":393,"width":4,"height":1}},{"id":"e57572b4-dcac-4e85-8d86-54a059ba9df2","block_type":"box","text":"16.4","page_number":2,"box":{"x":928,"y":390,"width":21,"height":6}},{"id":"ef2a7d11-e716-4e24-882a-ff96aba54950","block_type":"box","text":"Cash","page_number":2,"box":{"x":523,"y":401,"width":27,"height":6}},{"id":"a732f6b9-1fc2-42ce-b03a-770ca4ad9162","block_type":"box","text":"3.6","page_number":2,"box":{"x":747,"y":401,"width":15,"height":6}},{"id":"e81492fd-3c59-4abd-9158-445de7f972cd","block_type":"box","text":"+3.6","page_number":2,"box":{"x":926,"y":401,"width":22,"height":6}},{"id":"2e184bbe-bf62-4e54-8077-eea7cb0709de","block_type":"box","text":"Figures shown may not add up to 100 due to rounding.","page_number":2,"box":{"x":525,"y":417,"width":319,"height":8}},{"id":"d3f7af91-354a-45f3-a153-3374cc8af234","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":153,"width":14,"height":11}},{"id":"02c346bb-7c08-450c-b05e-f9ddc4856af1","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":169,"width":14,"height":10}},{"id":"2dda394b-e524-4389-9f26-8c0bcea29ec6","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":185,"width":14,"height":10}},{"id":"710b8134-5a78-491a-8637-a09fd92d9245","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":201,"width":14,"height":10}},{"id":"65505df2-05a6-4a15-a664-5d76560adb14","block_type":"box","text":"Page 2 of 4 | Factsheet","page_number":2,"box":{"x":53,"y":45,"width":129,"height":7}},{"id":"59e70a57-d5e6-479f-aaa1-ad027327d16f","block_type":"box","text":"| 30 September 2026","page_number":2,"box":{"x":186,"y":45,"width":107,"height":7}},{"id":"522ade9d-fa83-420d-abe6-d4ddd4fe96a8","block_type":"box","text":"Class: JPM Japan Fund C","page_number":2,"box":{"x":743,"y":45,"width":137,"height":7}},{"id":"44ea5ed1-4227-4bd3-b044-cf24215e9884","block_type":"box","text":"-","page_number":2,"box":{"x":884,"y":48,"width":3,"height":1}},{"id":"7371bc3b-4517-4570-acca-63edd706882d","block_type":"box","text":"Net Income","page_number":2,"box":{"x":892,"y":45,"width":60,"height":6}},{"id":"56e82f80-ce44-4987-925e-f3769743bb4b","block_type":"box","text":"Before investing, obtain and review the current Prospectus, Key","page_number":3,"box":{"x":63,"y":424,"width":409,"height":9}},{"id":"44469f59-dd57-4abc-8982-99799d18b62c","block_type":"box","text":"Investor Information Document (KIID) and the Key Features","page_number":3,"box":{"x":63,"y":435,"width":370,"height":9}},{"id":"e3e421cc-2016-4c62-b2db-d4b4bec983ec","block_type":"box","text":"Document/Terms & Conditions for this fund which are available in","page_number":3,"box":{"x":63,"y":445,"width":416,"height":7}},{"id":"5de84f68-dfe9-4866-9618-6dc2ebfeb7b7","block_type":"box","text":"English from JPMorgan Asset Management (UK) Limited or at","page_number":3,"box":{"x":63,"y":456,"width":388,"height":9}},{"id":"7686d6b2-fdb3-4bc4-8536-8c8a2cb7b3f8","block_type":"box","text":"https://am.jpmorgan.com","page_number":3,"box":{"x":63,"y":467,"width":170,"height":8}},{"id":"96e58a99-5d68-489c-99a5-3eba8b106847","block_type":"box","text":".","page_number":3,"box":{"x":235,"y":472,"width":2,"height":1}},{"id":"16b36bab-b14d-454d-8732-3eb2f6147a2d","block_type":"box","text":"This material should not be considered as advice or an investment","page_number":3,"box":{"x":62,"y":477,"width":404,"height":7}},{"id":"242f5f1c-1b90-45cf-b747-6584b5777421","block_type":"box","text":"recommendation. Fund holdings and performance are likely to have","page_number":3,"box":{"x":63,"y":488,"width":412,"height":8}},{"id":"bc03b85d-1281-486a-bb74-7fd91dfe9312","block_type":"box","text":"changed since the report date.","page_number":3,"box":{"x":63,"y":498,"width":186,"height":9}},{"id":"5115b1fe-9fc4-42e2-8e2a-64dd0518b538","block_type":"box","text":"To the extent permitted by applicable law, we may record telephone","page_number":3,"box":{"x":62,"y":509,"width":401,"height":8}},{"id":"5e9fa936-df1d-4a65-bb9c-9f9e26684168","block_type":"box","text":"calls and monitor electronic communications to comply with our","page_number":3,"box":{"x":63,"y":519,"width":392,"height":9}},{"id":"a8c3c826-3bcb-4525-b699-76cf0abe9fa6","block_type":"box","text":"legal and regulatory obligations and internal policies. Personal data","page_number":3,"box":{"x":63,"y":530,"width":405,"height":9}},{"id":"c138b36f-60d0-4bbe-aae3-cd0cafcdf9b6","block_type":"box","text":"will be collected, stored and processed by J.P. Morgan Asset","page_number":3,"box":{"x":62,"y":540,"width":358,"height":9}},{"id":"6a886aea-c74a-4859-a989-3dbbfcb538a7","block_type":"box","text":"Management in accordance with our EMEA Privacy Policy","page_number":3,"box":{"x":63,"y":551,"width":342,"height":9}},{"id":"8f24dd33-b718-4d54-8708-dc6fef77ddaa","block_type":"box","text":"www.jpmorgan.com/emea","page_number":3,"box":{"x":62,"y":562,"width":160,"height":8}},{"id":"891ca79c-3623-4931-96fe-451c9cd20e5b","block_type":"box","text":"-","page_number":3,"box":{"x":223,"y":566,"width":3,"height":0}},{"id":"9a370581-5d25-4a5c-b915-52868809facb","block_type":"box","text":"privacy","page_number":3,"box":{"x":229,"y":562,"width":40,"height":8}},{"id":"0f064f91-99f7-4dde-9863-8d6be385e30f","block_type":"box","text":"-","page_number":3,"box":{"x":270,"y":566,"width":4,"height":0}},{"id":"86d4d032-eb12-4490-a967-1b375f222cb5","block_type":"box","text":"policy","page_number":3,"box":{"x":277,"y":562,"width":33,"height":8}},{"id":"4c1bdf1c-08a8-4598-9ebf-710656efb290","block_type":"box","text":"For additional information on the fund","page_number":3,"box":{"x":63,"y":572,"width":231,"height":7}},{"id":"343e8f35-9a16-4c57-957e-1c61949d1267","block_type":"box","text":"’","page_number":3,"box":{"x":296,"y":572,"width":1,"height":2}},{"id":"ba765905-54f2-41ac-955f-15e98c660f6d","block_type":"box","text":"s target market please refer to","page_number":3,"box":{"x":299,"y":572,"width":181,"height":9}},{"id":"31b9e04c-7d84-4a4c-84c2-fe5e1de08745","block_type":"box","text":"the Prospectus.","page_number":3,"box":{"x":62,"y":583,"width":96,"height":8}},{"id":"9817536f-57e7-414d-b0e2-25863d7e656c","block_type":"box","text":"The risk indicator is based on the historic volatility of the Net Asset","page_number":3,"box":{"x":62,"y":595,"width":401,"height":9}},{"id":"5c6b2f35-6e1b-4720-a953-5dd403b089ca","block_type":"box","text":"Value of the Share Class over the last five years and may not be a","page_number":3,"box":{"x":62,"y":606,"width":394,"height":9}},{"id":"294cd518-3b36-4f55-a4e5-22de331b2448","block_type":"box","text":"reliable indication of the future risk profile of the Share Class. The risk","page_number":3,"box":{"x":63,"y":616,"width":422,"height":9}},{"id":"764dd2dd-7507-47fb-bb02-0c038453b632","block_type":"box","text":"and reward category shown above is not guaranteed to remain","page_number":3,"box":{"x":63,"y":627,"width":378,"height":9}},{"id":"3bf6614f-5f40-4131-9795-83ef1a166435","block_type":"box","text":"unchanged and may change over time. A Share Class with the lowest","page_number":3,"box":{"x":63,"y":637,"width":420,"height":9}},{"id":"e7736184-2b71-45a5-b42b-77cc64beaeef","block_type":"box","text":"risk rating does not mean a risk","page_number":3,"box":{"x":63,"y":648,"width":192,"height":9}},{"id":"6e5c134c-ab0b-460a-a5ac-7152a42148dd","block_type":"box","text":"-","page_number":3,"box":{"x":256,"y":652,"width":3,"height":1}},{"id":"3291ed6d-cc62-4acf-9b47-08088a81ec38","block_type":"box","text":"free investment. See Key Investor","page_number":3,"box":{"x":261,"y":648,"width":201,"height":9}},{"id":"9a21e240-6f6e-4a22-a4d1-9ec27c07100f","block_type":"box","text":"Information Document (KIID) for details.","page_number":3,"box":{"x":63,"y":659,"width":239,"height":8}},{"id":"74694c6e-219d-477f-9621-42a2a81ee5a7","block_type":"box","text":"Source: J.P.Morgan Asset Management. Share class performance","page_number":3,"box":{"x":63,"y":692,"width":396,"height":9}},{"id":"fdeda690-2f73-4b96-8ea6-12f073e96a5d","block_type":"box","text":"shown is based on the quoted price of the share class, assumes any","page_number":3,"box":{"x":63,"y":703,"width":420,"height":9}},{"id":"0afd5ae1-5ce5-4038-aaf9-e3f7a30e02d4","block_type":"box","text":"net income was reinvested, and includes ongoing charges but not","page_number":3,"box":{"x":63,"y":714,"width":405,"height":8}},{"id":"a3043207-7dd3-4659-93de-ab26908ec8c8","block_type":"box","text":"any entry or exit fees.","page_number":3,"box":{"x":63,"y":724,"width":127,"height":9}},{"id":"ee00de7a-bcdb-4423-939e-db9a64d3b82b","block_type":"box","text":"Indices do not include fees or operating expenses and you cannot","page_number":3,"box":{"x":63,"y":737,"width":403,"height":9}},{"id":"02d43514-0e70-4ddf-af9d-e6c1602ee263","block_type":"box","text":"invest in them.","page_number":3,"box":{"x":63,"y":747,"width":89,"height":7}},{"id":"a18f0cc0-8212-473a-ade2-b34650b2b44e","block_type":"box","text":"The Yield reflects net distributions declared over the past 12 months","page_number":3,"box":{"x":62,"y":760,"width":412,"height":9}},{"id":"2f495249-642b-4fdb-8ecc-942eec7705a4","block_type":"box","text":"as a percentage of the quoted price at the date shown. It does not","page_number":3,"box":{"x":63,"y":771,"width":399,"height":8}},{"id":"26b10a3a-538b-4eed-8500-9de5be081deb","block_type":"box","text":"include the Entry charge and investors may be subject to tax on their","page_number":3,"box":{"x":63,"y":781,"width":419,"height":9}},{"id":"44eff1a1-75a2-4611-8bc0-cd03532295aa","block_type":"box","text":"distributions. Where a portion of the fund","page_number":3,"box":{"x":63,"y":792,"width":249,"height":8}},{"id":"0638e936-2d0b-4b21-8402-3e220a0d6fe0","block_type":"box","text":"’","page_number":3,"box":{"x":314,"y":792,"width":1,"height":2}},{"id":"9b59ac8f-b97c-41b3-8239-f9bc2532f449","block_type":"box","text":"s expenses are charged to","page_number":3,"box":{"x":316,"y":792,"width":161,"height":8}},{"id":"573dbf5a-fe7a-4b0f-ad82-e1152c2d4d84","block_type":"box","text":"capital this has the effect of increasing the distribution for the year","page_number":3,"box":{"x":63,"y":802,"width":408,"height":9}},{"id":"5cdfc25b-1700-4cb2-8dbb-d1e4ce0dcfa4","block_type":"box","text":"and constraining the fund's capital performance to an equivalent","page_number":3,"box":{"x":63,"y":813,"width":399,"height":9}},{"id":"78729d30-5429-4fb0-86d5-f6e8312fda11","block_type":"box","text":"extent.","page_number":3,"box":{"x":63,"y":824,"width":40,"height":6}},{"id":"28a9a609-5cc1-4135-a3ab-0ce0ae6c03dc","block_type":"box","text":"The performance shown prior the launch date of this share class","page_number":3,"box":{"x":62,"y":836,"width":397,"height":9}},{"id":"02b59393-9317-4b58-8819-1ff2d587df5d","block_type":"box","text":"relates to the A share class. The A share class performance has not","page_number":3,"box":{"x":63,"y":847,"width":411,"height":8}},{"id":"d4022c07-3520-44d3-89f1-ac19a59fd20f","block_type":"box","text":"been amended or simulated to adjust for the lower ongoing fees of","page_number":3,"box":{"x":63,"y":857,"width":404,"height":9}},{"id":"b77efd8e-e85d-436d-8dee-3b79ef56085f","block_type":"box","text":"the C share class.","page_number":3,"box":{"x":62,"y":868,"width":110,"height":7}},{"id":"bc420016-a28e-454d-8927-07415e516955","block_type":"box","text":"Fund information, including performance calculations and other","page_number":3,"box":{"x":63,"y":894,"width":395,"height":9}},{"id":"75c664b9-87bd-46e4-8048-a70518c6b0fd","block_type":"box","text":"data, is provided by J.P. Morgan Asset Management (the marketing","page_number":3,"box":{"x":63,"y":905,"width":400,"height":8}},{"id":"a0af7f8a-7db2-43fc-b405-816297887447","block_type":"box","text":"The Fund is subject to","page_number":3,"box":{"x":74,"y":98,"width":135,"height":9}},{"id":"c8fd79c4-aec0-42a2-ae1c-24346820ed92","block_type":"box","text":"Investment risks","page_number":3,"box":{"x":214,"y":98,"width":104,"height":7}},{"id":"7e95b646-9f6a-4db0-b1c0-40ac4ed180e0","block_type":"box","text":"and","page_number":3,"box":{"x":322,"y":98,"width":23,"height":7}},{"id":"dbace211-b451-4399-9760-eb899e39133d","block_type":"box","text":"Other","page_number":3,"box":{"x":349,"y":98,"width":37,"height":7}},{"id":"591ef330-3b8e-4a39-a106-aba3bcf0baa3","block_type":"box","text":"associated risks","page_number":3,"box":{"x":74,"y":109,"width":102,"height":7}},{"id":"4f34901e-08d8-4d03-b8e5-fc311df14575","block_type":"box","text":"from the techniques and securities it uses","page_number":3,"box":{"x":180,"y":109,"width":262,"height":8}},{"id":"7130ca6b-7e0a-4ed8-a471-b1261c921718","block_type":"box","text":"to seek to achieve its objective.","page_number":3,"box":{"x":74,"y":119,"width":187,"height":9}},{"id":"0ee0de45-a7f8-4e80-8596-cb52a1875956","block_type":"box","text":"The table below explains how these risks relate to each other","page_number":3,"box":{"x":74,"y":130,"width":369,"height":8}},{"id":"dd284b9b-2322-400b-a942-5f5fa9426b49","block_type":"box","text":"and the","page_number":3,"box":{"x":75,"y":140,"width":46,"height":7}},{"id":"cf7f3ab6-2d93-4793-9a06-7793b205c11a","block_type":"box","text":"Outcomes to the Shareholder","page_number":3,"box":{"x":125,"y":140,"width":188,"height":7}},{"id":"cd76f9f6-2dea-49b1-8af4-1b00f9cf6ae4","block_type":"box","text":"that could affect an","page_number":3,"box":{"x":316,"y":140,"width":120,"height":7}},{"id":"9fdf1888-af5d-4696-98d9-02bcd713259b","block_type":"box","text":"investment in the Fund.","page_number":3,"box":{"x":75,"y":151,"width":146,"height":7}},{"id":"589441f4-f26b-49ab-86c5-c764b3f1829e","block_type":"box","text":"Investors should also read","page_number":3,"box":{"x":75,"y":161,"width":159,"height":7}},{"id":"7ba2b10c-c931-41e9-a949-7bfa18f3c1e5","block_type":"box","text":"Risk Descriptions","page_number":3,"box":{"x":240,"y":161,"width":105,"height":9}},{"id":"1a74fa37-18f8-4f66-8cd3-55f35993e46c","block_type":"box","text":"in the","page_number":3,"box":{"x":350,"y":161,"width":34,"height":7}},{"id":"f587c7c7-6c2c-4afc-9d06-abd43fd28705","block_type":"box","text":"Prospectus for a full description of each risk.","page_number":3,"box":{"x":75,"y":172,"width":270,"height":9}},{"id":"5d1c4ba2-4a57-4bad-b378-5921b747cb6b","block_type":"box","text":"Key risks","page_number":3,"box":{"x":77,"y":85,"width":68,"height":11}},{"id":"5a407aef-7631-4645-bff7-2dbed7b5693f","block_type":"box","text":"Investment risks","page_number":3,"box":{"x":73,"y":205,"width":105,"height":7}},{"id":"8d46a997-0841-4b86-8871-c660f724fad8","block_type":"box","text":"Risks from the Fund´s techniques and","page_number":3,"box":{"x":182,"y":205,"width":237,"height":8}},{"id":"2e5b5d5f-3442-4b2f-94df-f0b83a7aaeaf","block_type":"box","text":"securities.","page_number":3,"box":{"x":73,"y":215,"width":62,"height":7}},{"id":"29ba484f-ffb7-488c-b5c0-2275a1583d6a","block_type":"box","text":"Techniques","page_number":3,"box":{"x":73,"y":230,"width":75,"height":9}},{"id":"c739b959-2f9e-4ff8-8612-161873eae8b1","block_type":"box","text":"Concentration","page_number":3,"box":{"x":73,"y":241,"width":88,"height":7}},{"id":"0db8368f-e5cc-4b8a-8f94-d5b35540da51","block_type":"box","text":"Hedging","page_number":3,"box":{"x":74,"y":251,"width":48,"height":9}},{"id":"d3766bbb-091a-4e4f-be5d-e379662dc9a6","block_type":"box","text":"Securities","page_number":3,"box":{"x":207,"y":230,"width":64,"height":7}},{"id":"f7694928-25ea-4e79-a463-3dad8c90ee8e","block_type":"box","text":"Equities","page_number":3,"box":{"x":208,"y":241,"width":48,"height":8}},{"id":"9e9b2f1c-aa82-4d2f-bce7-7406c62e72a2","block_type":"box","text":"Smaller companies","page_number":3,"box":{"x":343,"y":241,"width":116,"height":8}},{"id":"c009b55d-3e98-4cba-b9e9-131d0719c366","block_type":"box","text":"General Disclosures","page_number":3,"box":{"x":63,"y":411,"width":127,"height":6}},{"id":"dac2e3ad-b1aa-472d-b03b-cbe132b466fb","block_type":"box","text":"Performance information","page_number":3,"box":{"x":63,"y":677,"width":158,"height":6}},{"id":"28a58c3a-d43e-4cdd-bd95-d5fba4681def","block_type":"box","text":"Information Sources","page_number":3,"box":{"x":63,"y":880,"width":128,"height":7}},{"id":"944be395-7e26-4b23-9dc9-e10e41987a58","block_type":"box","text":"▼","page_number":3,"box":{"x":266,"y":264,"width":15,"height":11}},{"id":"7805d38d-16bc-47ee-9562-6357d2d771aa","block_type":"box","text":"Other associated risks","page_number":3,"box":{"x":73,"y":282,"width":142,"height":7}},{"id":"2c16ee4d-2a85-44dc-af84-e101457a0042","block_type":"box","text":"Further risks the Fund is exposed to from","page_number":3,"box":{"x":220,"y":282,"width":251,"height":8}},{"id":"4ffc0bdb-b00b-4523-b9ac-4558a1f79f30","block_type":"box","text":"its use of the techniques and securities above.","page_number":3,"box":{"x":73,"y":292,"width":286,"height":9}},{"id":"a448d557-c67a-4b9f-9053-334c33a23f64","block_type":"box","text":"Currency","page_number":3,"box":{"x":73,"y":307,"width":56,"height":9}},{"id":"c29d1a7c-6d89-4399-bb4e-e01c2c4a0633","block_type":"box","text":"Liquidity","page_number":3,"box":{"x":207,"y":307,"width":49,"height":9}},{"id":"2acd82ad-e037-46fd-84d8-85f400936c16","block_type":"box","text":"Market","page_number":3,"box":{"x":344,"y":307,"width":40,"height":7}},{"id":"c2c94076-7ff8-44a1-8789-29e6f030b9cd","block_type":"box","text":"▼","page_number":3,"box":{"x":266,"y":322,"width":15,"height":11}},{"id":"305ad91b-7ad9-438e-93df-3abb30ddf550","block_type":"box","text":"Outcomes to the Shareholder","page_number":3,"box":{"x":73,"y":340,"width":187,"height":7}},{"id":"38cf0a3a-f41b-415d-b9ad-c1ce8b9d538a","block_type":"box","text":"Potential impact of the risks above","page_number":3,"box":{"x":264,"y":340,"width":209,"height":9}},{"id":"44c9be7a-13e8-44f9-ac7a-78eb8e2890fc","block_type":"box","text":"Loss","page_number":3,"box":{"x":73,"y":355,"width":29,"height":7}},{"id":"c0748317-a317-4e1b-a212-14fcca2efd5f","block_type":"box","text":"Shareholders","page_number":3,"box":{"x":73,"y":365,"width":81,"height":7}},{"id":"86e2cff7-244e-4b2f-91b4-5007293d4fe5","block_type":"box","text":"could lose some or","page_number":3,"box":{"x":73,"y":376,"width":114,"height":7}},{"id":"cf6e3f41-ce20-45f3-9890-6dcc8146b0bd","block_type":"box","text":"all of their money.","page_number":3,"box":{"x":73,"y":386,"width":106,"height":9}},{"id":"f9153f1c-da3b-4ee2-bcde-60f6171e4ce2","block_type":"box","text":"Volatility","page_number":3,"box":{"x":206,"y":355,"width":52,"height":8}},{"id":"0c9a10ba-bc32-4b14-aef4-9ce7e25e9c5d","block_type":"box","text":"Shares of the","page_number":3,"box":{"x":206,"y":365,"width":81,"height":7}},{"id":"8e853eae-b911-47a3-88ef-6332056cf842","block_type":"box","text":"Fund will fluctuate","page_number":3,"box":{"x":207,"y":376,"width":111,"height":7}},{"id":"1491564b-804b-4184-be5a-44d4a606836e","block_type":"box","text":"in value.","page_number":3,"box":{"x":207,"y":386,"width":48,"height":7}},{"id":"efa5fa2e-61ee-4ad8-b1c5-1b5dc1e732eb","block_type":"box","text":"Failure to meet the","page_number":3,"box":{"x":344,"y":355,"width":115,"height":7}},{"id":"672b7c9d-b875-4b05-b635-7be4c9166883","block_type":"box","text":"Fund´s objective.","page_number":3,"box":{"x":344,"y":365,"width":108,"height":9}},{"id":"ff3d2583-0170-4a4c-b491-3cfb1aae4d5f","block_type":"box","text":"name for the asset management businesses of JPMorgan Chase &","page_number":3,"box":{"x":506,"y":80,"width":411,"height":9}},{"id":"8b555bee-d159-43e6-b475-7b787e9837c5","block_type":"box","text":"Co and its affiliates worldwide).","page_number":3,"box":{"x":506,"y":91,"width":183,"height":8}},{"id":"07720314-504a-49f4-95f2-b385d32c5e12","block_type":"box","text":"All data is as at the document date unless indicated otherwise.","page_number":3,"box":{"x":505,"y":101,"width":395,"height":7}},{"id":"91fe3d1f-7ac5-4647-81f3-a54e03af77bc","block_type":"box","text":"©","page_number":3,"box":{"x":506,"y":112,"width":9,"height":7}},{"id":"9f332869-6952-4931-93ce-41075c51260a","block_type":"box","text":"2026 Morningstar. All Rights Reserved. The information contained","page_number":3,"box":{"x":519,"y":112,"width":399,"height":9}},{"id":"fc18b7dd-bdeb-4ff1-bea7-9d80f30b7336","block_type":"box","text":"herein: (1) is proprietary to Morningstar; (2) may not be copied or","page_number":3,"box":{"x":506,"y":122,"width":383,"height":9}},{"id":"4d6bdb13-6d07-4272-bda1-5118bdd94d13","block_type":"box","text":"distributed; and (3) is not warranted to be accurate, complete or","page_number":3,"box":{"x":506,"y":133,"width":384,"height":9}},{"id":"39cec38a-df0e-4be0-9f44-f30336c8db41","block_type":"box","text":"timely. Neither Morningstar nor its content providers are responsible","page_number":3,"box":{"x":505,"y":144,"width":414,"height":8}},{"id":"e87e2a60-da90-4298-a1e0-fdd5a96742c4","block_type":"box","text":"for any damages or losses arising from any use of this information.","page_number":3,"box":{"x":505,"y":154,"width":407,"height":9}},{"id":"f794e570-e81b-4d6c-a867-410e6629671d","block_type":"box","text":"JPMorgan Asset Management (UK) Limited Registered address: 25","page_number":3,"box":{"x":505,"y":180,"width":400,"height":9}},{"id":"10259aea-74c6-4ddc-9025-ee4afa520c6d","block_type":"box","text":"Bank Street, Canary Wharf, London E14 5JP, United Kingdom.","page_number":3,"box":{"x":506,"y":191,"width":364,"height":9}},{"id":"66c3f1b8-0d8d-42e8-8f34-23cb46447337","block_type":"box","text":"Authorised and regulated by the Financial Conduct Authority.","page_number":3,"box":{"x":505,"y":202,"width":373,"height":8}},{"id":"809e41bb-d04a-4fe0-a0e8-ac6bf8e90cd3","block_type":"box","text":"Registered in England No. 01161446.","page_number":3,"box":{"x":506,"y":212,"width":213,"height":9}},{"id":"062199f5-deb1-4dec-90e0-693f35760960","block_type":"box","text":"NAV","page_number":3,"box":{"x":506,"y":255,"width":27,"height":7}},{"id":"71778e49-1b0c-45c4-9b58-ef6f6754e94f","block_type":"box","text":"Net Asset Value of a fund","page_number":3,"box":{"x":538,"y":255,"width":151,"height":7}},{"id":"628d9bee-3cc1-40bd-aa8c-0685a4313258","block_type":"box","text":"’","page_number":3,"box":{"x":691,"y":255,"width":1,"height":3}},{"id":"066c30d0-5ef2-4144-9c0c-b3c9dd3e4eeb","block_type":"box","text":"s assets less its liabilities per Share.","page_number":3,"box":{"x":694,"y":255,"width":217,"height":9}},{"id":"8026e0ae-653c-4e3b-af25-edda89b1a9b3","block_type":"box","text":"Quoted Price","page_number":3,"box":{"x":506,"y":266,"width":82,"height":7}},{"id":"d8a15e59-0b78-4ebc-bfc5-3baa9b0810f3","block_type":"box","text":"The single price at which all client orders are executed.","page_number":3,"box":{"x":592,"y":266,"width":330,"height":9}},{"id":"65b66b83-a0d4-45d8-8ceb-2432340fdac6","block_type":"box","text":"Morningstar Medalist Rating™","page_number":3,"box":{"x":506,"y":277,"width":189,"height":8}},{"id":"edc88c6a-5711-49d4-a68c-fea31e8dff0d","block_type":"box","text":"is the summary expression of","page_number":3,"box":{"x":700,"y":277,"width":180,"height":8}},{"id":"f03a5f5f-9416-4aa4-bdbe-335c5fb53b83","block_type":"box","text":"Morningstar","page_number":3,"box":{"x":506,"y":287,"width":74,"height":9}},{"id":"b4362b96-2f74-4cdb-9876-3f052d9220ad","block_type":"box","text":"’","page_number":3,"box":{"x":581,"y":287,"width":1,"height":2}},{"id":"e3e29413-add4-4b6b-9365-05e4925637ea","block_type":"box","text":"s forward","page_number":3,"box":{"x":583,"y":287,"width":54,"height":7}},{"id":"e3501766-c12e-4140-97f8-8109cab3e7e6","block_type":"box","text":"-","page_number":3,"box":{"x":639,"y":291,"width":4,"height":1}},{"id":"f760467c-9a7a-4b31-b1aa-5507d107a15f","block_type":"box","text":"looking analysis of investment strategies as","page_number":3,"box":{"x":645,"y":287,"width":267,"height":9}},{"id":"9fcf0792-23aa-4b82-b552-8cc4921332eb","block_type":"box","text":"offered via specific vehicles using a rating scale of Gold, Silver,","page_number":3,"box":{"x":506,"y":298,"width":376,"height":8}},{"id":"2164c6ec-85a6-49bf-afb5-a92386a8c6c2","block_type":"box","text":"Bronze, Neutral, and Negative.","page_number":3,"box":{"x":506,"y":308,"width":180,"height":9}},{"id":"49c86a76-5111-487b-98f5-6095986f8512","block_type":"box","text":"Analyst","page_number":3,"box":{"x":505,"y":319,"width":47,"height":8}},{"id":"5d6bdc75-555f-4f06-a1e9-fa79c5137ff0","block_type":"box","text":"-","page_number":3,"box":{"x":554,"y":323,"width":4,"height":1}},{"id":"c8a04cd8-b662-4516-8e65-28ba97716dea","block_type":"box","text":"Driven %","page_number":3,"box":{"x":560,"y":319,"width":53,"height":7}},{"id":"900b641f-9508-4e8c-bccc-d8dcc728b216","block_type":"box","text":"Displays the percentage of Analyst","page_number":3,"box":{"x":618,"y":319,"width":209,"height":9}},{"id":"51ee6894-f35e-4e3d-bc7b-3ce25d244fc9","block_type":"box","text":"’","page_number":3,"box":{"x":829,"y":319,"width":1,"height":2}},{"id":"52bd97e3-b91c-4802-8357-a07d70d33ac3","block_type":"box","text":"s input into the","page_number":3,"box":{"x":831,"y":319,"width":93,"height":8}},{"id":"a27fce5e-3777-4941-8173-3c737d7c2121","block_type":"box","text":"overall rating assignment, including direct analyst coverage and","page_number":3,"box":{"x":506,"y":329,"width":388,"height":9}},{"id":"7f261e79-ca9d-4dc2-b0a2-2e071b83ccec","block_type":"box","text":"inheritance of an analyst","page_number":3,"box":{"x":506,"y":340,"width":152,"height":9}},{"id":"7696883f-b4b1-4219-aec7-1d572d1a4112","block_type":"box","text":"-","page_number":3,"box":{"x":660,"y":344,"width":4,"height":1}},{"id":"f8950839-6412-4379-877c-76b9c6cf4dea","block_type":"box","text":"rated pillar.","page_number":3,"box":{"x":666,"y":340,"width":64,"height":9}},{"id":"7007b96b-3684-40ee-adc5-38aad335a9ad","block_type":"box","text":"Data Coverage %","page_number":3,"box":{"x":506,"y":350,"width":104,"height":9}},{"id":"56fa1484-1192-4796-979b-87574fdbf127","block_type":"box","text":"Displays the percentage of available input data for","page_number":3,"box":{"x":615,"y":350,"width":302,"height":9}},{"id":"48426ad4-283c-42ab-b6e2-d42eeb63102b","block_type":"box","text":"rating calculation at the Pillar level.","page_number":3,"box":{"x":506,"y":361,"width":209,"height":9}},{"id":"5bd05c0e-d42c-41eb-af51-ba5b58c5bbf6","block_type":"box","text":"FE Crown rating","page_number":3,"box":{"x":506,"y":371,"width":101,"height":9}},{"id":"0fe4b62a-07b5-4359-941f-12b7cc549fb0","block_type":"box","text":"are quantitative ratings ranging from one to five","page_number":3,"box":{"x":612,"y":372,"width":289,"height":8}},{"id":"0a9df720-9108-4754-9ba8-b1e8caa57c29","block_type":"box","text":"designed to help investors identify funds which have displayed","page_number":3,"box":{"x":506,"y":382,"width":380,"height":9}},{"id":"5b26aa3e-c623-47cc-a0d9-c2d22b765952","block_type":"box","text":"superior performance in terms of stockpicking, consistency and risk","page_number":3,"box":{"x":506,"y":393,"width":417,"height":8}},{"id":"0e060f63-4268-4ce2-ba8b-f4ac123618b1","block_type":"box","text":"control.","page_number":3,"box":{"x":506,"y":403,"width":45,"height":7}},{"id":"3ee42e3b-2822-4ae2-b67e-1d26f83a4640","block_type":"box","text":"FE Crown Fund Ratings are however purely quantitative and","page_number":3,"box":{"x":506,"y":424,"width":361,"height":9}},{"id":"ed2ab89e-4705-4897-a6e4-a1f48e9bef30","block_type":"box","text":"backward looking, and, as such, cannot offer any certainty about the","page_number":3,"box":{"x":506,"y":435,"width":418,"height":9}},{"id":"4bab7ea4-c96e-4805-bb9c-ad49e6223448","block_type":"box","text":"future.","page_number":3,"box":{"x":505,"y":445,"width":41,"height":7}},{"id":"4fac9440-485c-4293-ad30-0ec05fa86603","block_type":"box","text":"FE Trustnet crown rating as at 30 Sep 2026.","page_number":3,"box":{"x":506,"y":466,"width":263,"height":9}},{"id":"c4bed916-fcb9-4f58-bd2d-168e8f694550","block_type":"box","text":"Rayner Spencer Mills rated fund","page_number":3,"box":{"x":506,"y":477,"width":205,"height":9}},{"id":"1a22f560-44a6-4538-a81f-dc513d3b20e7","block_type":"box","text":"rating as at 30 Sep 2026.","page_number":3,"box":{"x":717,"y":477,"width":149,"height":9}},{"id":"6b027b6d-e9f1-476b-bcec-5b1c797a9446","block_type":"box","text":"Uses both a qualitative and quantitative assessment of the funds.","page_number":3,"box":{"x":506,"y":498,"width":403,"height":9}},{"id":"3cac87ca-9e87-4840-b3e2-c2a4c1812c03","block_type":"box","text":"The fund is simply rated or not.","page_number":3,"box":{"x":505,"y":509,"width":186,"height":8}},{"id":"5bc9a9b9-b4ae-4170-a9b8-88420465c0bc","block_type":"box","text":"Square Mile Research rating","page_number":3,"box":{"x":506,"y":519,"width":180,"height":9}},{"id":"7f2928f2-1edf-4bae-b9c0-1c223de689f0","block_type":"box","text":"as at 30 Sep 2026.","page_number":3,"box":{"x":691,"y":519,"width":110,"height":9}},{"id":"37849480-2bd2-431b-8f34-e193e40504c7","block_type":"box","text":"A Square Mile Fund Rating denotes a fund that is truly","page_number":3,"box":{"x":505,"y":540,"width":329,"height":9}},{"id":"fce08700-481d-48b2-9971-aefcaa94a15d","block_type":"box","text":"“","page_number":3,"box":{"x":838,"y":540,"width":3,"height":3}},{"id":"ebf6c54e-a546-4adc-a4aa-a4a255ff1b10","block_type":"box","text":"best in class","page_number":3,"box":{"x":842,"y":540,"width":76,"height":7}},{"id":"8d0c4644-e765-4f83-b556-68d0641cd167","block_type":"box","text":"”","page_number":3,"box":{"x":920,"y":540,"width":4,"height":3}},{"id":"7700f1ab-7ad8-476b-8cb2-aea6e4a8734d","block_type":"box","text":".","page_number":3,"box":{"x":926,"y":546,"width":1,"height":1}},{"id":"176d871e-eb00-4bc6-937c-04086cb5042a","block_type":"box","text":"Put simply, a Square Mile Fund Rating is only given to a fund that we","page_number":3,"box":{"x":506,"y":551,"width":411,"height":9}},{"id":"95c350b2-5128-481d-a798-e6a81ec6ab91","block_type":"box","text":"are prepared to recommend to our clients. Fund managers do not pay","page_number":3,"box":{"x":506,"y":562,"width":422,"height":8}},{"id":"40f62f57-4c04-4533-a836-26d7bbe549b9","block_type":"box","text":"for our ratings; they cannot be purchased and are only achieved by","page_number":3,"box":{"x":505,"y":572,"width":408,"height":9}},{"id":"a09d5b83-c10e-4026-83da-84e1de5acd30","block_type":"box","text":"the","page_number":3,"box":{"x":505,"y":583,"width":20,"height":7}},{"id":"907b7939-cacb-4e49-ad67-034e6ed85be9","block_type":"box","text":"“","page_number":3,"box":{"x":530,"y":583,"width":3,"height":2}},{"id":"96ad37e1-4c71-4528-a69f-5eacac595642","block_type":"box","text":"best","page_number":3,"box":{"x":535,"y":583,"width":25,"height":7}},{"id":"24b3c903-d705-4744-80ca-03a459c650e4","block_type":"box","text":"-","page_number":3,"box":{"x":561,"y":587,"width":4,"height":0}},{"id":"4c01e315-cdb1-4447-bfaa-b8a924c75c62","block_type":"box","text":"in","page_number":3,"box":{"x":567,"y":583,"width":10,"height":6}},{"id":"d7806877-d159-4755-bc52-ba7effdfd1c5","block_type":"box","text":"-","page_number":3,"box":{"x":579,"y":587,"width":4,"height":0}},{"id":"0f3c0b3a-4436-4062-8adb-1f81613156b5","block_type":"box","text":"class","page_number":3,"box":{"x":585,"y":583,"width":31,"height":7}},{"id":"dc86d194-2d59-4150-a811-6d6ce0bda529","block_type":"box","text":"”","page_number":3,"box":{"x":618,"y":583,"width":4,"height":2}},{"id":"9215431e-6df9-49ec-8dae-a1893e82b318","block_type":"box","text":"funds.","page_number":3,"box":{"x":626,"y":583,"width":39,"height":7}},{"id":"4b3d096d-fa6b-42b2-9613-54b04f94cf24","block_type":"box","text":"The funds we recommend are each assigned a rating","page_number":3,"box":{"x":505,"y":604,"width":325,"height":9}},{"id":"438b9b0d-0e60-45af-b2e1-246f32239c52","block_type":"box","text":"–","page_number":3,"box":{"x":834,"y":608,"width":6,"height":0}},{"id":"70809a80-5b95-44f3-bfee-3fe44df91b3a","block_type":"box","text":"A, AA, AAA or R","page_number":3,"box":{"x":844,"y":604,"width":83,"height":8}},{"id":"3d871383-1fd4-40e4-95ad-66622d982ed5","block_type":"box","text":"–","page_number":3,"box":{"x":506,"y":618,"width":6,"height":1}},{"id":"9e785291-fe90-4386-b05b-3a2c39cead58","block_type":"box","text":"reflecting Square Mile","page_number":3,"box":{"x":517,"y":614,"width":130,"height":9}},{"id":"4560902c-8901-4182-ad4b-d56dda847a5f","block_type":"box","text":"’","page_number":3,"box":{"x":648,"y":614,"width":1,"height":3}},{"id":"aa654047-771f-48b6-b491-2f95614d6d32","block_type":"box","text":"s conviction in each fund","page_number":3,"box":{"x":650,"y":614,"width":156,"height":7}},{"id":"6357761b-89ce-487b-a379-8ce1cc8a4625","block_type":"box","text":"’","page_number":3,"box":{"x":808,"y":614,"width":1,"height":3}},{"id":"bc13c225-08c2-4cf8-80af-c3bbc59a7677","block_type":"box","text":"s ability to deliver","page_number":3,"box":{"x":810,"y":614,"width":101,"height":9}},{"id":"6f9e209a-7e80-48c6-a953-0ed1cacb2aea","block_type":"box","text":"on expectations. These simple ratings are the result of exhaustive","page_number":3,"box":{"x":506,"y":625,"width":400,"height":9}},{"id":"fd7e5f46-28e1-4ed2-b3a3-3aa065a55799","block_type":"box","text":"and detailed qualitative research, backed up by quantitative analysis.","page_number":3,"box":{"x":506,"y":635,"width":417,"height":9}},{"id":"531bb740-da24-47ce-9cdc-2f5b32228fa6","block_type":"box","text":"“","page_number":3,"box":{"x":506,"y":646,"width":3,"height":2}},{"id":"525713e8-aea0-4872-8fa9-b668cf0ed442","block_type":"box","text":"AAA","page_number":3,"box":{"x":510,"y":646,"width":22,"height":7}},{"id":"b10d4632-f1ac-45d3-a372-c026c9c5615c","block_type":"box","text":"”","page_number":3,"box":{"x":533,"y":646,"width":4,"height":2}},{"id":"f6b035dc-33b0-4f59-91ea-28803a8f7242","block_type":"box","text":"represents the very highest level of conviction in a fund and its","page_number":3,"box":{"x":542,"y":646,"width":382,"height":9}},{"id":"87ee976a-5e6b-47ba-98e2-a6c1ad39b643","block_type":"box","text":"manager, and is a practical demonstration of our belief in the long","page_number":3,"box":{"x":506,"y":657,"width":400,"height":8}},{"id":"df61c703-390b-4de3-a65a-033717663c1c","block_type":"box","text":"term consistent delivery of the fund","page_number":3,"box":{"x":505,"y":667,"width":217,"height":9}},{"id":"b81d8e60-f696-4a2e-88a0-018c6874fd4b","block_type":"box","text":"’","page_number":3,"box":{"x":724,"y":667,"width":1,"height":2}},{"id":"da5711fc-52c8-4f7c-9e4a-4d8658fca847","block_type":"box","text":"s objectives.","page_number":3,"box":{"x":727,"y":667,"width":73,"height":9}},{"id":"715ae9a4-0252-4d28-978d-c44984addbfc","block_type":"box","text":"Our team of investment research analysts also works to identify","page_number":3,"box":{"x":506,"y":688,"width":387,"height":9}},{"id":"b2a6a163-f3b1-41c2-bb29-3bc06aff25a7","block_type":"box","text":"newer or untested funds or managers that have real potential to","page_number":3,"box":{"x":506,"y":699,"width":390,"height":9}},{"id":"eabd2bb5-ac59-4d0b-bfac-b19fc33b3a34","block_type":"box","text":"deliver their stated objectives. In these circumstances, we are not in","page_number":3,"box":{"x":506,"y":709,"width":412,"height":9}},{"id":"88dbe755-c914-44a7-9d93-15841e0943d2","block_type":"box","text":"a position to award a full fund rating, and therefore these funds are","page_number":3,"box":{"x":506,"y":720,"width":408,"height":9}},{"id":"e0902901-4ead-4047-bbb3-d0ad13a4f94e","block_type":"box","text":"assigned a","page_number":3,"box":{"x":506,"y":730,"width":66,"height":9}},{"id":"a2aa2d1b-67f0-4685-a174-80616e45e661","block_type":"box","text":"“","page_number":3,"box":{"x":576,"y":730,"width":3,"height":3}},{"id":"6ba178df-eeee-475d-a64f-ce3a32e69aa0","block_type":"box","text":"Positive Prospects","page_number":3,"box":{"x":581,"y":730,"width":109,"height":9}},{"id":"a66276a5-4369-4b1e-810b-ac69637b8e9e","block_type":"box","text":"”","page_number":3,"box":{"x":691,"y":730,"width":4,"height":3}},{"id":"d2effc64-ff07-4edd-888f-617509f041c1","block_type":"box","text":"rating. Over time, if these managers","page_number":3,"box":{"x":701,"y":730,"width":214,"height":9}},{"id":"643850d1-5918-482a-8a4f-5b006e4596bb","block_type":"box","text":"deliver to our expectations and achieve their expected outcome, we","page_number":3,"box":{"x":506,"y":741,"width":407,"height":9}},{"id":"19626c97-cf08-4f20-9cf0-d32d096fc1dc","block_type":"box","text":"would expect them to progress to A, AA, AAA or R ratings. Not widely","page_number":3,"box":{"x":505,"y":752,"width":400,"height":8}},{"id":"d1605514-6e93-4ce1-a357-f1b2d703d484","block_type":"box","text":"used.","page_number":3,"box":{"x":506,"y":762,"width":33,"height":7}},{"id":"5b02715c-94a6-4df7-9ebd-e8469bb1860e","block_type":"box","text":"Correlation","page_number":3,"box":{"x":506,"y":773,"width":68,"height":7}},{"id":"8a9a41f1-4a8d-40a8-8684-a4a91e444a1f","block_type":"box","text":"measures the strength and direction of the relationship","page_number":3,"box":{"x":580,"y":773,"width":340,"height":8}},{"id":"0bc2df11-2cb8-4aaf-809a-23a2c2fb3c26","block_type":"box","text":"between movements in fund and benchmark returns. A correlation","page_number":3,"box":{"x":506,"y":783,"width":407,"height":7}},{"id":"f9541628-d8b6-4b6c-89a9-bc51e1011ab3","block_type":"box","text":"of 1.00 indicates that fund and benchmark returns move in lockstep","page_number":3,"box":{"x":506,"y":794,"width":417,"height":8}},{"id":"30f9e738-0312-4911-a196-032786dd0010","block_type":"box","text":"in the same direction.","page_number":3,"box":{"x":506,"y":804,"width":131,"height":7}},{"id":"47e579ed-80ae-4086-af12-19e1475aa0ef","block_type":"box","text":"Alpha (%)","page_number":3,"box":{"x":505,"y":815,"width":58,"height":9}},{"id":"a514a61c-c355-417a-bd90-a1ef14ef91c5","block_type":"box","text":"a measure of excess return generated by a manager","page_number":3,"box":{"x":568,"y":815,"width":319,"height":9}},{"id":"443d1b26-c956-4fcc-ab4d-3285db80a664","block_type":"box","text":"compared to the benchmark. An alpha of 1.00 indicates that a fund","page_number":3,"box":{"x":506,"y":825,"width":407,"height":9}},{"id":"6d63a6ca-f459-4318-8ada-2ffec6885ea3","block_type":"box","text":"has outperformed its benchmark by 1%.","page_number":3,"box":{"x":506,"y":836,"width":239,"height":9}},{"id":"00af8e02-8c6b-48d1-ac34-6f8a25614a15","block_type":"box","text":"Beta","page_number":3,"box":{"x":506,"y":847,"width":27,"height":6}},{"id":"a20a9ca0-926e-4665-b08e-ca907c5bf96d","block_type":"box","text":"measures a fund","page_number":3,"box":{"x":538,"y":847,"width":103,"height":6}},{"id":"12805521-c7ee-49b3-b289-ce406964a9ac","block_type":"box","text":"’","page_number":3,"box":{"x":643,"y":847,"width":2,"height":2}},{"id":"834a7d6a-92a0-4925-b49d-80ac0940c013","block_type":"box","text":"s sensitivity to market movements (as","page_number":3,"box":{"x":646,"y":847,"width":230,"height":8}},{"id":"d03c934f-cd3a-4f89-ab72-e84cc4e6f3ac","block_type":"box","text":"represented by the fund","page_number":3,"box":{"x":506,"y":857,"width":146,"height":9}},{"id":"6598c82d-8a13-432b-8d7a-a80933fc7855","block_type":"box","text":"’","page_number":3,"box":{"x":654,"y":857,"width":1,"height":2}},{"id":"37e86d94-ff9e-4aba-8c9d-89b51bdbf1d6","block_type":"box","text":"s benchmark). A beta of 1.10 suggests the","page_number":3,"box":{"x":656,"y":857,"width":253,"height":9}},{"id":"97eac715-b5b8-45a5-9fc7-8d942da683c2","block_type":"box","text":"fund could perform 10% better than the benchmark in up markets","page_number":3,"box":{"x":505,"y":868,"width":403,"height":8}},{"id":"f8dc26c6-9ddd-4d75-8e14-b8c1317d7039","block_type":"box","text":"and 10% worse in down markets, assuming all other factors remain","page_number":3,"box":{"x":506,"y":878,"width":406,"height":9}},{"id":"387c4133-31c1-424b-b819-eb582a693808","block_type":"box","text":"constant. Usually the higher betas represent riskier investments.","page_number":3,"box":{"x":506,"y":889,"width":397,"height":9}},{"id":"0f88ca1f-1ff6-4381-8f21-815ce6cb1b44","block_type":"box","text":"Annualised volatility (%)","page_number":3,"box":{"x":505,"y":899,"width":148,"height":9}},{"id":"d277b770-34c0-48ca-8d0d-48cce07e2b3f","block_type":"box","text":"measures the extent to which returns vary","page_number":3,"box":{"x":659,"y":899,"width":258,"height":9}},{"id":"b7d8683a-3dc1-465d-a119-0011fcf0bc6f","block_type":"box","text":"up and down over a given period.","page_number":3,"box":{"x":506,"y":910,"width":195,"height":9}},{"id":"f2b1f8f8-ef7b-42b5-bce4-45af764b5173","block_type":"box","text":"Issuer","page_number":3,"box":{"x":506,"y":167,"width":39,"height":7}},{"id":"41a86099-f4fa-4bb3-9f40-00b9beb10320","block_type":"box","text":"Definitions","page_number":3,"box":{"x":506,"y":242,"width":66,"height":7}},{"id":"a0a647aa-d976-47ba-af93-36a82a92e954","block_type":"box","text":"Page 3 of 4 | Factsheet","page_number":3,"box":{"x":53,"y":45,"width":129,"height":7}},{"id":"9f1c3731-3419-49cd-91bd-61563890b18b","block_type":"box","text":"| 30 September 2026","page_number":3,"box":{"x":186,"y":45,"width":107,"height":7}},{"id":"15a8ef90-8c45-4f80-bf37-cd9e62298da2","block_type":"box","text":"Class: JPM Japan Fund C","page_number":3,"box":{"x":743,"y":45,"width":137,"height":7}},{"id":"698347fb-2e61-49c0-b513-e4a227fa3605","block_type":"box","text":"-","page_number":3,"box":{"x":884,"y":48,"width":3,"height":1}},{"id":"761302cf-67f4-4708-89dd-03f9938a24b8","block_type":"box","text":"Net Income","page_number":3,"box":{"x":892,"y":45,"width":60,"height":6}},{"id":"03008426-6e5f-4b23-a18a-5faaf1f08f24","block_type":"box","text":"Page 4 of 4 | Factsheet","page_number":4,"box":{"x":53,"y":45,"width":130,"height":7}},{"id":"7c6b6f54-1b40-4e0a-ba8a-5a05cd307d2e","block_type":"box","text":"| 30 September 2026","page_number":4,"box":{"x":188,"y":45,"width":107,"height":7}},{"id":"dde9fac1-b269-4617-885d-1208d46890a7","block_type":"box","text":"Class: JPM Japan Fund C","page_number":4,"box":{"x":743,"y":45,"width":137,"height":7}},{"id":"c7006b86-2e0f-4179-bcd2-8bb9db704e71","block_type":"box","text":"-","page_number":4,"box":{"x":884,"y":48,"width":3,"height":1}},{"id":"253b65ca-d556-48b1-88b2-e50bdf41b96d","block_type":"box","text":"Net Income","page_number":4,"box":{"x":892,"y":45,"width":60,"height":6}},{"id":"b3ebc25c-5353-4609-938b-bbd41b2501b2","block_type":"box","text":"Sharpe ratio","page_number":4,"box":{"x":63,"y":81,"width":77,"height":9}},{"id":"ed67396a-a3ca-43d6-9e8d-89d656ea0b81","block_type":"box","text":"performance of an investment adjusting for the","page_number":4,"box":{"x":145,"y":81,"width":290,"height":9}},{"id":"968fb804-2738-4d90-adc0-41554a9c2ee4","block_type":"box","text":"amount of risk taken (compared a risk","page_number":4,"box":{"x":63,"y":92,"width":232,"height":8}},{"id":"1bafb520-e9f9-4f00-bf68-8c790c9781b6","block_type":"box","text":"-","page_number":4,"box":{"x":296,"y":96,"width":4,"height":1}},{"id":"397a1531-bdd3-4820-9e41-923e575e06e1","block_type":"box","text":"free investment). The higher","page_number":4,"box":{"x":301,"y":92,"width":173,"height":9}},{"id":"be63c75b-31ce-4018-8089-a80d195e06bc","block_type":"box","text":"the Sharpe ratio the better the returns compared to the risk taken.","page_number":4,"box":{"x":62,"y":102,"width":402,"height":9}},{"id":"53dbcc54-e40a-42e5-b17c-7c88efd6e4dd","block_type":"box","text":"Tracking error (%)","page_number":4,"box":{"x":62,"y":113,"width":114,"height":9}},{"id":"fd587cd0-bfe0-413e-a764-58e59a4df1f1","block_type":"box","text":"measures how much a fund","page_number":4,"box":{"x":181,"y":113,"width":173,"height":7}},{"id":"ba17c9fd-ce2c-4382-8b96-83982b2c0739","block_type":"box","text":"’","page_number":4,"box":{"x":356,"y":113,"width":1,"height":2}},{"id":"05525a52-1965-4d14-871f-256bce4747bc","block_type":"box","text":"s returns deviate","page_number":4,"box":{"x":358,"y":113,"width":102,"height":7}},{"id":"e1e4b828-263c-4f91-ac33-5b2acfa608d6","block_type":"box","text":"from those of the benchmark. The lower the number the closer the","page_number":4,"box":{"x":62,"y":123,"width":407,"height":7}},{"id":"f3418c84-5487-4815-b9ea-325ddd843da2","block_type":"box","text":"fund","page_number":4,"box":{"x":62,"y":134,"width":29,"height":7}},{"id":"e5f3de23-19b9-448c-888a-1fc12456762a","block_type":"box","text":"’","page_number":4,"box":{"x":93,"y":134,"width":1,"height":2}},{"id":"25ab2080-bb9e-414f-8727-2688fa9f30e9","block_type":"box","text":"s historic performance has followed its benchmark.","page_number":4,"box":{"x":95,"y":134,"width":313,"height":9}},{"id":"145e1011-0640-4d71-aa95-d7ed3187f642","block_type":"box","text":"Information ratio","page_number":4,"box":{"x":506,"y":82,"width":103,"height":6}},{"id":"6545548f-3627-4321-a4cc-d0f64bcc6c9c","block_type":"box","text":"measures if a manager is outperforming or","page_number":4,"box":{"x":614,"y":82,"width":260,"height":8}},{"id":"79eda52d-26fb-4d43-97eb-f55a30097aa2","block_type":"box","text":"underperforming the benchmark and accounts for the risk taken to","page_number":4,"box":{"x":506,"y":92,"width":414,"height":9}},{"id":"98ca9402-46cd-467c-b7ed-91b740372d11","block_type":"box","text":"achieve the returns. A manager who outperforms a benchmark by 2%","page_number":4,"box":{"x":506,"y":103,"width":421,"height":8}},{"id":"f6a6600f-20e2-4548-99a2-76296d18ed17","block_type":"box","text":"p.a. will have a higher IR than a manager with the same","page_number":4,"box":{"x":506,"y":113,"width":333,"height":9}},{"id":"a92ffdd1-38d8-4550-8eef-d53ac286d16c","block_type":"box","text":"outperformance but who takes more risk.","page_number":4,"box":{"x":506,"y":124,"width":251,"height":8}},{"id":"d3786b37-7312-407a-abe3-1ec33fe15882","block_type":"box","text":"09kk212809152128","page_number":4,"box":{"x":62,"y":980,"width":114,"height":7}}],"unit":"per_mille","page_width":595,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"48c96c55-9165-4688-91ac-68e22c7a74b8"},"user_id":1000002,"date_created":"2026-10-18T01:57:03.041000Z","date_modified":"2026-10-18T01:57:03.041000Z","private":false}