{"annotation_id":"7d452a4c-c0f5-4a28-967a-e216960b2641","file_hash":"41903a2aeea2d8714eceef0d57ff121c1d6f59376f846bde9477c71da151c9f8","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"b42fe593-a313-46e6-87f2-c8f9dbb12944","block_type":"box","text":"MARKETING COMMUNICATION | Factsheet","page_number":1,"box":{"x":50,"y":35,"width":230,"height":8}},{"id":"e16f8c63-ff81-41e4-be8a-4617cae70732","block_type":"box","text":"| 30 September 2026","page_number":1,"box":{"x":284,"y":35,"width":108,"height":8}},{"id":"55ecae3f-a5f2-490e-85ed-7e1a1c3c75be","block_type":"box","text":"J","page_number":1,"box":{"x":52,"y":99,"width":16,"height":20}},{"id":"f3afbcd0-f35e-4738-9932-ac38d769763c","block_type":"box","text":"P","page_number":1,"box":{"x":73,"y":99,"width":20,"height":20}},{"id":"9a8aae35-4297-4405-8705-5ee20c529fd0","block_type":"box","text":"M","page_number":1,"box":{"x":96,"y":99,"width":29,"height":20}},{"id":"05f3a75d-616e-4608-8f53-fa21e684b5c5","block_type":"box","text":"M","page_number":1,"box":{"x":139,"y":99,"width":29,"height":20}},{"id":"655aaa8d-2cf2-418b-b9e7-bf9ec5a73866","block_type":"box","text":"ul","page_number":1,"box":{"x":173,"y":99,"width":28,"height":20}},{"id":"2a589551-d856-436b-b06d-a6e77ebf1684","block_type":"box","text":"t","page_number":1,"box":{"x":204,"y":101,"width":13,"height":18}},{"id":"cae5c74a-8b3e-4e4d-bd22-950848ffff8b","block_type":"box","text":"i","page_number":1,"box":{"x":220,"y":99,"width":5,"height":20}},{"id":"f4bc6afc-64ed-49d9-abda-742269a07059","block_type":"box","text":"-","page_number":1,"box":{"x":230,"y":110,"width":13,"height":3}},{"id":"f6dd9859-7825-456c-ae4c-1d2540c68bc4","block_type":"box","text":"A","page_number":1,"box":{"x":244,"y":99,"width":25,"height":20}},{"id":"741c2c1c-6300-4345-9bb9-c0775a3000c3","block_type":"box","text":"s","page_number":1,"box":{"x":271,"y":104,"width":18,"height":15}},{"id":"cb64b5e4-7b03-4524-bee0-9ea09ab69415","block_type":"box","text":"s","page_number":1,"box":{"x":291,"y":104,"width":18,"height":15}},{"id":"d51724fe-a5da-42d4-8eec-f702efe10010","block_type":"box","text":"e","page_number":1,"box":{"x":312,"y":104,"width":20,"height":15}},{"id":"5434a360-47ec-4102-9749-77967a365a08","block_type":"box","text":"t","page_number":1,"box":{"x":333,"y":101,"width":13,"height":18}},{"id":"ff95ce35-93ea-42ec-922f-7c54b1c3acde","block_type":"box","text":"I","page_number":1,"box":{"x":358,"y":99,"width":4,"height":20}},{"id":"994d3128-6091-4ce7-bd72-5692572f3ac8","block_type":"box","text":"nc","page_number":1,"box":{"x":368,"y":104,"width":41,"height":15}},{"id":"b0ac907b-634a-4d3d-b572-7c78049fa8d2","block_type":"box","text":"o","page_number":1,"box":{"x":412,"y":104,"width":20,"height":15}},{"id":"33406449-e357-485c-baae-8940d6a48f70","block_type":"box","text":"m","page_number":1,"box":{"x":436,"y":104,"width":29,"height":15}},{"id":"b54d0611-d9ef-4a58-8962-cf6dab33b10e","block_type":"box","text":"e","page_number":1,"box":{"x":469,"y":104,"width":19,"height":15}},{"id":"de54bcc7-bae7-451a-9577-3fc52b60b6ec","block_type":"box","text":"F","page_number":1,"box":{"x":501,"y":99,"width":19,"height":20}},{"id":"3b95b035-8820-4c25-894e-5e8206f53822","block_type":"box","text":"und","page_number":1,"box":{"x":522,"y":99,"width":65,"height":20}},{"id":"264a1ada-ce63-435e-8b57-b40a843717f2","block_type":"box","text":"C","page_number":1,"box":{"x":52,"y":129,"width":9,"height":8}},{"id":"fad434a4-d62e-42a6-a737-4ea9c679f4c9","block_type":"box","text":"l","page_number":1,"box":{"x":63,"y":129,"width":1,"height":8}},{"id":"431d38d2-f3ab-495b-af4c-982a41c218a9","block_type":"box","text":"a","page_number":1,"box":{"x":66,"y":131,"width":8,"height":6}},{"id":"6eec160c-32d8-4eef-a510-2471be9a2638","block_type":"box","text":"s","page_number":1,"box":{"x":76,"y":131,"width":7,"height":6}},{"id":"de3e6155-52fd-40f4-baea-e8bca6823a27","block_type":"box","text":"s","page_number":1,"box":{"x":84,"y":131,"width":7,"height":6}},{"id":"33256d1c-eb58-487b-a8be-cfbfc6a9d940","block_type":"box","text":":","page_number":1,"box":{"x":93,"y":131,"width":2,"height":6}},{"id":"454f265b-e004-4608-96f3-a3904614f24f","block_type":"box","text":"J","page_number":1,"box":{"x":100,"y":129,"width":6,"height":8}},{"id":"c6038b74-cafb-4fd9-a719-87d03519f4b9","block_type":"box","text":"P","page_number":1,"box":{"x":109,"y":129,"width":8,"height":8}},{"id":"69f0459f-7ed6-4b0b-b0b2-00dbaeedbd0c","block_type":"box","text":"M","page_number":1,"box":{"x":118,"y":129,"width":11,"height":8}},{"id":"36feee6b-8038-44bf-b4b0-b2f23e3d51e4","block_type":"box","text":"M","page_number":1,"box":{"x":135,"y":129,"width":11,"height":8}},{"id":"73f50c19-0232-4712-b97e-2546f1fac3b2","block_type":"box","text":"u","page_number":1,"box":{"x":148,"y":131,"width":7,"height":6}},{"id":"cd875cfb-80bc-4c9c-a2d8-a16fafeb5b80","block_type":"box","text":"l","page_number":1,"box":{"x":158,"y":129,"width":1,"height":8}},{"id":"c7426e38-8ee7-4f8b-b238-cf9520398026","block_type":"box","text":"t","page_number":1,"box":{"x":161,"y":130,"width":4,"height":7}},{"id":"aadadc25-cc1f-4fc9-a0d7-47ccedabee39","block_type":"box","text":"i","page_number":1,"box":{"x":167,"y":129,"width":2,"height":8}},{"id":"29302350-af1a-4749-bbb5-ad7e3a9191a5","block_type":"box","text":"-","page_number":1,"box":{"x":171,"y":134,"width":4,"height":0}},{"id":"e87cfa34-00cb-4d53-81c2-494c95f43cd5","block_type":"box","text":"A","page_number":1,"box":{"x":176,"y":129,"width":9,"height":8}},{"id":"5f1833cc-b6e3-48b6-83de-0c1c0aa603e7","block_type":"box","text":"s","page_number":1,"box":{"x":186,"y":131,"width":7,"height":6}},{"id":"cf09d563-0aa0-47b4-a555-9f02ab4b9972","block_type":"box","text":"s","page_number":1,"box":{"x":195,"y":131,"width":7,"height":6}},{"id":"7b6ab7b0-a957-4c40-a173-3b5c907e5d44","block_type":"box","text":"e","page_number":1,"box":{"x":203,"y":131,"width":8,"height":6}},{"id":"7618b266-6d6c-4a1d-92a6-e01416276f58","block_type":"box","text":"t","page_number":1,"box":{"x":211,"y":130,"width":5,"height":7}},{"id":"17c56853-9f06-4b0e-be5b-ca368e890b8b","block_type":"box","text":"I","page_number":1,"box":{"x":222,"y":129,"width":1,"height":8}},{"id":"b042d125-a975-4271-a53a-5f6b21ea3f19","block_type":"box","text":"n","page_number":1,"box":{"x":226,"y":131,"width":7,"height":6}},{"id":"46e0c848-1d63-4943-849b-6416a97d0e8c","block_type":"box","text":"c","page_number":1,"box":{"x":235,"y":131,"width":7,"height":6}},{"id":"5df6e599-05a7-43ea-b9bd-e385db527aca","block_type":"box","text":"o","page_number":1,"box":{"x":243,"y":131,"width":8,"height":6}},{"id":"03538bc9-e60b-47ab-b00a-b84534273b39","block_type":"box","text":"m","page_number":1,"box":{"x":253,"y":131,"width":12,"height":6}},{"id":"5a556870-0192-464d-912a-b4daf1aeba0d","block_type":"box","text":"e","page_number":1,"box":{"x":267,"y":131,"width":8,"height":6}},{"id":"332a1e0b-24fa-4248-8b12-3b493cd5a142","block_type":"box","text":"F","page_number":1,"box":{"x":281,"y":129,"width":7,"height":8}},{"id":"bbd11b79-34cf-4ef3-b59a-e1db2ca1f45c","block_type":"box","text":"u","page_number":1,"box":{"x":289,"y":131,"width":7,"height":6}},{"id":"1c3bbbf5-2754-421a-a1cf-0dcc1299dbe2","block_type":"box","text":"n","page_number":1,"box":{"x":299,"y":131,"width":7,"height":6}},{"id":"fe020ce7-7bfd-49d3-8ac5-1b01d2a85949","block_type":"box","text":"d B","page_number":1,"box":{"x":308,"y":129,"width":22,"height":8}},{"id":"fbb1ba54-e693-4cdf-801f-5393179ba601","block_type":"box","text":"-","page_number":1,"box":{"x":335,"y":134,"width":5,"height":0}},{"id":"274c3463-cbfd-44fb-b414-dd3161f6ad2f","block_type":"box","text":"N","page_number":1,"box":{"x":346,"y":129,"width":8,"height":8}},{"id":"e159da43-ccb0-4b42-ab56-821fdeb32eea","block_type":"box","text":"e","page_number":1,"box":{"x":356,"y":131,"width":8,"height":6}},{"id":"012400d2-fd28-4b61-8d76-788ee8e4581c","block_type":"box","text":"t","page_number":1,"box":{"x":365,"y":130,"width":5,"height":7}},{"id":"c4b05aba-365e-4aae-8542-447566be9442","block_type":"box","text":"A","page_number":1,"box":{"x":374,"y":129,"width":9,"height":8}},{"id":"d12e5f04-0c03-4c98-8e6d-7458797f5fbb","block_type":"box","text":"c","page_number":1,"box":{"x":384,"y":131,"width":7,"height":6}},{"id":"5b9d8f17-ce1e-4674-916d-486816af3ce3","block_type":"box","text":"c","page_number":1,"box":{"x":393,"y":131,"width":7,"height":6}},{"id":"cc1be0be-f3ff-4fb9-b222-a1797981abd9","block_type":"box","text":"u","page_number":1,"box":{"x":402,"y":131,"width":7,"height":6}},{"id":"1b846cfb-3ede-4edd-bec9-8675cab9fb91","block_type":"box","text":"m","page_number":1,"box":{"x":412,"y":131,"width":12,"height":6}},{"id":"18bca7ea-839b-456c-adbe-e1df2ed74f8b","block_type":"box","text":"u","page_number":1,"box":{"x":426,"y":131,"width":8,"height":6}},{"id":"c3732986-2fba-4b76-b5db-954069991a96","block_type":"box","text":"l","page_number":1,"box":{"x":436,"y":129,"width":2,"height":8}},{"id":"31201ee5-0ba6-4bb4-8808-846d20d05bba","block_type":"box","text":"a","page_number":1,"box":{"x":440,"y":131,"width":8,"height":6}},{"id":"4e7d640e-1334-409e-b6cf-833f7c289c35","block_type":"box","text":"t","page_number":1,"box":{"x":448,"y":130,"width":5,"height":7}},{"id":"e1e9b8ea-ed65-45d1-a0f6-443b8c40c9dc","block_type":"box","text":"i","page_number":1,"box":{"x":455,"y":129,"width":1,"height":8}},{"id":"c0398f70-9baa-4502-a684-48c6e9745c0c","block_type":"box","text":"o","page_number":1,"box":{"x":458,"y":131,"width":8,"height":6}},{"id":"b7640752-7d2c-43c7-86f5-8571c345c184","block_type":"box","text":"n","page_number":1,"box":{"x":468,"y":131,"width":7,"height":6}},{"id":"247e33c8-df88-4811-ab65-b1ca32f321f8","block_type":"box","text":"ESG Integration is the systematic inclusion of financially material ESG \r\nflidhlfiilid","page_number":1,"box":{"x":52,"y":554,"width":419,"height":9}},{"id":"b2a05d2b-eb5f-4b33-949e-2764f53078e0","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":563,"width":406,"height":9}},{"id":"90d87f3d-4fc6-4043-8ac0-e89dc8b038d5","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":572,"width":414,"height":8}},{"id":"d956c449-8117-4fcb-abfe-e04d5e9df5b1","block_type":"box","text":"long\r\nd","page_number":1,"box":{"x":52,"y":580,"width":26,"height":9}},{"id":"8cc0df01-7070-4d26-bb07-d3ae5eff80f9","block_type":"box","text":"-","page_number":1,"box":{"x":80,"y":584,"width":3,"height":1}},{"id":"8d906492-592a-405b-a174-56b3491de3ea","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":580,"width":356,"height":9}},{"id":"a28039fe-17fd-42c6-bb4d-a0fa2246134e","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":589,"width":426,"height":8}},{"id":"e6edde82-34d6-421b-8e50-d14420c58a1c","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":597,"width":395,"height":9}},{"id":"c2af33b1-1bfd-46ce-b74c-74312793ec09","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":606,"width":429,"height":9}},{"id":"8c53ec7a-6155-4106-88b4-e6c3c3539e1a","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":615,"width":422,"height":8}},{"id":"c51d06b6-cb9b-45ac-b84d-09efa1010712","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":623,"width":428,"height":9}},{"id":"11c1abb1-6d67-4a08-a275-af96762ce435","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":632,"width":404,"height":8}},{"id":"321a94cd-5047-4e72-a24b-ff2e1ef7a5e9","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":640,"width":432,"height":9}},{"id":"bf6e97c5-22f5-4a1f-9a46-970912ee56f3","block_type":"box","text":"gpy \r\nESG product in any jurisdiction where such authorisation is required.","page_number":1,"box":{"x":52,"y":649,"width":419,"height":9}},{"id":"6d70f4f0-4ee5-4d39-b7ee-0a49913eb0e0","block_type":"box","text":"Fund overview","page_number":1,"box":{"x":52,"y":181,"width":116,"height":9}},{"id":"f826b320-9a5a-4b2f-b2d8-86536d8d2422","block_type":"box","text":"ISIN","page_number":1,"box":{"x":53,"y":198,"width":24,"height":7}},{"id":"5943d6e0-2ae7-4351-96b6-b449f5ec4fa8","block_type":"box","text":"Sedol","page_number":1,"box":{"x":179,"y":198,"width":34,"height":7}},{"id":"731793a7-dc67-4fef-8d17-56abd1c43976","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":254,"y":198,"width":66,"height":9}},{"id":"d174e552-7ae6-457b-9acf-d5091a4a061d","block_type":"box","text":"Reuters","page_number":1,"box":{"x":358,"y":198,"width":47,"height":7}},{"id":"81040fde-f0d9-48bc-b659-3e43bd155372","block_type":"box","text":"GB00B4N1ZT13","page_number":1,"box":{"x":53,"y":209,"width":90,"height":7}},{"id":"7870321f-76b3-452f-9f1d-e34eabd7d7ab","block_type":"box","text":"B4N1ZT1","page_number":1,"box":{"x":180,"y":209,"width":46,"height":7}},{"id":"daedc498-a2ca-411a-ab39-236c608b70ce","block_type":"box","text":"JPMAIBA LN","page_number":1,"box":{"x":253,"y":209,"width":70,"height":7}},{"id":"4c18cf42-5958-4424-b56a-4215ff1ee2d5","block_type":"box","text":"GB00B4N1ZT13.LUF","page_number":1,"box":{"x":358,"y":209,"width":117,"height":7}},{"id":"7cad22c9-0132-4411-8947-a4f241d433ff","block_type":"box","text":"Investment objective:","page_number":1,"box":{"x":53,"y":229,"width":134,"height":8}},{"id":"ac00c617-ed89-4d51-8f23-00b24423bcd5","block_type":"box","text":"To provide income by investing in a global","page_number":1,"box":{"x":196,"y":229,"width":251,"height":8}},{"id":"e9ec3958-37e5-4886-a75b-b221bd03b45e","block_type":"box","text":"portfolio of income generating securities, using derivatives where","page_number":1,"box":{"x":53,"y":241,"width":395,"height":8}},{"id":"850f962a-6e01-4488-a65f-9c2ff66910ff","block_type":"box","text":"appropriate.","page_number":1,"box":{"x":53,"y":252,"width":74,"height":9}},{"id":"8da2aa9a-2ad1-4adb-a329-218ab8603426","block_type":"box","text":"Investment approach","page_number":1,"box":{"x":52,"y":268,"width":133,"height":9}},{"id":"1c2ec43e-0bb7-40bd-ae62-932bb25f1faf","block_type":"box","text":"Multi","page_number":1,"box":{"x":61,"y":280,"width":28,"height":7}},{"id":"f9e4f3e1-2a90-4d90-a7dd-4596f459423b","block_type":"box","text":"-","page_number":1,"box":{"x":91,"y":284,"width":3,"height":1}},{"id":"83972a33-2a22-4209-884e-80747eb8bb10","block_type":"box","text":"asset approach, leveraging specialists from around JPMorgan","page_number":1,"box":{"x":95,"y":280,"width":377,"height":9}},{"id":"ab3cdd71-23e9-429e-b228-e46ce7e6b778","block_type":"box","text":"Asset Management's global investment platform, with a focus on risk","page_number":1,"box":{"x":60,"y":291,"width":413,"height":9}},{"id":"2f65c6ea-5a09-4351-ba1b-3a15da19c045","block_type":"box","text":"adjusted income.","page_number":1,"box":{"x":60,"y":303,"width":105,"height":8}},{"id":"15a831b3-6f28-4cab-aec3-ff8c22a2de02","block_type":"box","text":"Flexible implementation of the managers","page_number":1,"box":{"x":61,"y":316,"width":246,"height":8}},{"id":"eb1b213e-5c5a-4111-932b-a3f4422c8954","block_type":"box","text":"’","page_number":1,"box":{"x":309,"y":316,"width":1,"height":2}},{"id":"99a69da5-cc41-4de5-8399-4f6561ff002f","block_type":"box","text":"allocation views at asset","page_number":1,"box":{"x":314,"y":316,"width":144,"height":6}},{"id":"015b73b2-f730-484c-a6fc-50fd39cc3ad8","block_type":"box","text":"class and regional level.","page_number":1,"box":{"x":60,"y":327,"width":146,"height":8}},{"id":"50f7d3bd-7233-48ca-b06b-351803c85e2e","block_type":"box","text":"BENCHMARK USES","page_number":1,"box":{"x":53,"y":351,"width":120,"height":7}},{"id":"1e81c028-ff73-4550-8d86-c6c8f9b6c692","block_type":"box","text":"The Fund is actively managed. The Benchmark is a Performance","page_number":1,"box":{"x":53,"y":365,"width":387,"height":8}},{"id":"ddd562be-1c30-4982-b711-92c99c6ed4fc","block_type":"box","text":"Comparator and the Fund may bear little resemblance to its","page_number":1,"box":{"x":54,"y":376,"width":355,"height":8}},{"id":"1845ed6e-a058-4da8-bbdc-1ce0d41070fa","block_type":"box","text":"Benchmark. The Benchmark has been chosen as it reflects the main","page_number":1,"box":{"x":55,"y":387,"width":410,"height":7}},{"id":"59732d68-8223-4612-b1b0-d571ecff87d1","block_type":"box","text":"investment universe and strategy for the Fund.","page_number":1,"box":{"x":54,"y":398,"width":279,"height":9}},{"id":"4aa593e5-1711-45fb-b16b-bc5a46e91e98","block_type":"box","text":"ESG information","page_number":1,"box":{"x":53,"y":528,"width":130,"height":9}},{"id":"9efc321c-031d-42ba-93b5-2e46830f35fa","block_type":"box","text":"ESG approach","page_number":1,"box":{"x":53,"y":544,"width":88,"height":9}},{"id":"f63bcffd-8d81-42fd-9e0b-a4439c44bb7e","block_type":"box","text":"-","page_number":1,"box":{"x":147,"y":548,"width":4,"height":1}},{"id":"c3f68f9d-add7-48e5-98ce-29742c623c2b","block_type":"box","text":"Integrated","page_number":1,"box":{"x":156,"y":544,"width":64,"height":9}},{"id":"3bdad6de-b939-46cd-9563-c0cb7384f634","block_type":"box","text":"l","page_number":1,"box":{"x":53,"y":280,"width":4,"height":3}},{"id":"06c2eea3-acf2-40a9-814b-4ba427f621a1","block_type":"box","text":"l","page_number":1,"box":{"x":53,"y":315,"width":4,"height":3}},{"id":"4b7b297f-d392-400a-be9f-dc688e4a6d41","block_type":"box","text":"Portfolio manager(s)","page_number":1,"box":{"x":53,"y":417,"width":125,"height":9}},{"id":"3314e318-dcb9-4232-8753-72e77a037b85","block_type":"box","text":"Michael Schoenhaut","page_number":1,"box":{"x":53,"y":430,"width":125,"height":7}},{"id":"f6b6cb0f-12da-4fa9-a307-2d773a0ecf11","block_type":"box","text":"Eric Bernbaum","page_number":1,"box":{"x":53,"y":441,"width":91,"height":7}},{"id":"e59ed68e-b5cc-497a-ad5c-06617a9caba6","block_type":"box","text":"Gary Herbert","page_number":1,"box":{"x":53,"y":452,"width":75,"height":9}},{"id":"0602ba33-28a4-4aad-9fe5-1bae25706306","block_type":"box","text":"Fund reference","page_number":1,"box":{"x":53,"y":466,"width":95,"height":7}},{"id":"06c0f799-bddc-405d-bc67-41773ff00c97","block_type":"box","text":"currency","page_number":1,"box":{"x":53,"y":479,"width":55,"height":7}},{"id":"b2e3cb69-a19a-47f0-85d7-235b87699ac4","block_type":"box","text":"GBP","page_number":1,"box":{"x":112,"y":477,"width":27,"height":7}},{"id":"27fedec8-45c3-4a14-9f0f-207ed71fd773","block_type":"box","text":"Share class","page_number":1,"box":{"x":193,"y":417,"width":71,"height":7}},{"id":"13820d2a-387d-4139-adcd-a07ab357b666","block_type":"box","text":"currency","page_number":1,"box":{"x":192,"y":430,"width":56,"height":7}},{"id":"59b2bfd4-e9d1-46bf-9f9a-34a2152b38f9","block_type":"box","text":"GBP","page_number":1,"box":{"x":252,"y":428,"width":27,"height":7}},{"id":"62f315b7-3177-492e-9ffd-6f299f0ffc74","block_type":"box","text":"Fund assets","page_number":1,"box":{"x":193,"y":442,"width":76,"height":7}},{"id":"9b738314-2c42-4108-993b-c9a4185407f1","block_type":"box","text":"£","page_number":1,"box":{"x":192,"y":455,"width":7,"height":7}},{"id":"3e570576-a365-4853-ac11-5ef30e094d75","block_type":"box","text":"167.9m","page_number":1,"box":{"x":200,"y":455,"width":40,"height":7}},{"id":"d8669060-0954-4d5e-93f8-ede9968d3f00","block_type":"box","text":"Fund launch","page_number":1,"box":{"x":193,"y":469,"width":78,"height":6}},{"id":"96aa79a3-5ca3-45ad-a39a-4fdfb1bb7ee6","block_type":"box","text":"30 Jun 2009","page_number":1,"box":{"x":192,"y":481,"width":75,"height":7}},{"id":"45b981ce-b85f-40d0-93e5-284ae6b285bc","block_type":"box","text":"NAV","page_number":1,"box":{"x":193,"y":495,"width":26,"height":7}},{"id":"aaaf9ff6-b50f-46ba-9a7d-47e351494b78","block_type":"box","text":"136.30p","page_number":1,"box":{"x":223,"y":495,"width":47,"height":9}},{"id":"d806c2e3-9aed-4f59-9289-21f528fbc002","block_type":"box","text":"Class launch","page_number":1,"box":{"x":311,"y":417,"width":81,"height":7}},{"id":"4025c69e-6889-4027-90fb-b2f287d3a437","block_type":"box","text":"28 Jan 2013","page_number":1,"box":{"x":310,"y":430,"width":69,"height":7}},{"id":"d7921167-2b89-4ede-a513-0fb9fa4acaab","block_type":"box","text":"Domicile","page_number":1,"box":{"x":311,"y":444,"width":53,"height":6}},{"id":"a62dfc29-5709-4caf-b28f-7e28ee1147ec","block_type":"box","text":"United Kingdom","page_number":1,"box":{"x":369,"y":444,"width":102,"height":8}},{"id":"82afac24-deff-4c23-9911-a80fa80db366","block_type":"box","text":"Entry/exit charges","page_number":1,"box":{"x":311,"y":457,"width":117,"height":9}},{"id":"e23e275f-3910-430d-8c9e-7e3344c8235b","block_type":"box","text":"Entry charge (max) 0.00%","page_number":1,"box":{"x":311,"y":470,"width":154,"height":9}},{"id":"182d0657-092b-49d5-bebd-3abda026cf19","block_type":"box","text":"Exit charge (max) 0.00%","page_number":1,"box":{"x":311,"y":481,"width":144,"height":9}},{"id":"fe61f77c-9380-44bf-a2b6-29b9afdbd3c9","block_type":"box","text":"Ongoing charge","page_number":1,"box":{"x":311,"y":495,"width":100,"height":9}},{"id":"cb16ad7c-511b-4ae5-ac34-971d713fc830","block_type":"box","text":"0.95%","page_number":1,"box":{"x":417,"y":495,"width":37,"height":7}},{"id":"57ba1335-5c09-4b7f-afe9-2b137aae7abe","block_type":"box","text":"Fund ratings","page_number":1,"box":{"x":518,"y":183,"width":103,"height":11}},{"id":"34b4afa7-86de-45dd-a4cd-986b0e6f20eb","block_type":"box","text":"As at 31 August 2026","page_number":1,"box":{"x":629,"y":185,"width":111,"height":8}},{"id":"219ec0ef-cf32-484d-bb96-72f28639eff9","block_type":"box","text":"Performance","page_number":1,"box":{"x":519,"y":316,"width":104,"height":9}},{"id":"dac77415-620c-4649-a851-601ce4d21eab","block_type":"box","text":"Quarterly rolling 12","page_number":1,"box":{"x":520,"y":548,"width":108,"height":8}},{"id":"0f25bdbf-b8a8-4b1c-937f-23cc014f3a17","block_type":"box","text":"-","page_number":1,"box":{"x":629,"y":552,"width":4,"height":1}},{"id":"a4b2210f-593c-4e05-bc1c-788d43ef3681","block_type":"box","text":"month performance (%)","page_number":1,"box":{"x":635,"y":548,"width":134,"height":8}},{"id":"407fccf4-c28d-4776-bd7c-6b050dd761fe","block_type":"box","text":"As at end of September 2026","page_number":1,"box":{"x":517,"y":562,"width":160,"height":8}},{"id":"b4178385-1045-4968-895c-930120f5b182","block_type":"box","text":"Calendar Year Performance (%)","page_number":1,"box":{"x":520,"y":611,"width":179,"height":8}},{"id":"d05ec84c-eb12-431b-b6b7-061ca211eb67","block_type":"box","text":"Cumulative","page_number":1,"box":{"x":613,"y":694,"width":72,"height":7}},{"id":"25f3b41e-e4e3-4876-8924-f47018422009","block_type":"box","text":"Annualised","page_number":1,"box":{"x":829,"y":695,"width":72,"height":6}},{"id":"a5eeef2e-6dc6-4443-b182-7c30c59baa9a","block_type":"box","text":"1 month","page_number":1,"box":{"x":548,"y":707,"width":50,"height":6}},{"id":"eb2c74a5-276c-46bc-a0e2-ba28dbe604d1","block_type":"box","text":"3 months","page_number":1,"box":{"x":606,"y":706,"width":59,"height":7}},{"id":"bb28e792-6f72-4c4b-914a-3afe7bb21b1b","block_type":"box","text":"1 year","page_number":1,"box":{"x":674,"y":707,"width":36,"height":8}},{"id":"602659f0-ebc3-4107-a5c8-2443eac4ec91","block_type":"box","text":"YTD","page_number":1,"box":{"x":723,"y":707,"width":24,"height":6}},{"id":"3c002160-69bc-49d1-bdd3-47a417d0e4db","block_type":"box","text":"3 years","page_number":1,"box":{"x":786,"y":706,"width":44,"height":9}},{"id":"2f92fc06-a804-480e-886d-e934d1ca1741","block_type":"box","text":"5 years","page_number":1,"box":{"x":848,"y":707,"width":45,"height":8}},{"id":"0a24aec8-1107-4d91-a98b-7ae6761dc596","block_type":"box","text":"10 years","page_number":1,"box":{"x":903,"y":706,"width":51,"height":9}},{"id":"7dbc5606-2393-4cb2-8811-6e74f061b435","block_type":"box","text":"-","page_number":1,"box":{"x":559,"y":723,"width":3,"height":0}},{"id":"3d9cb238-994b-45c2-baff-06fbf1005f38","block_type":"box","text":"2.29","page_number":1,"box":{"x":563,"y":718,"width":25,"height":7}},{"id":"d9a36f47-7f65-45a1-ab79-c571765a9b4f","block_type":"box","text":"-","page_number":1,"box":{"x":623,"y":723,"width":4,"height":0}},{"id":"0a0dfefb-e8ed-4e8b-ae64-e61f9976de32","block_type":"box","text":"1.37","page_number":1,"box":{"x":628,"y":718,"width":21,"height":7}},{"id":"ab390571-02fe-4734-98d9-49afcf58a999","block_type":"box","text":"7.83","page_number":1,"box":{"x":680,"y":718,"width":23,"height":7}},{"id":"8cac818f-fc79-46a9-ab7e-52c9065ab0b3","block_type":"box","text":"5.09","page_number":1,"box":{"x":723,"y":718,"width":26,"height":7}},{"id":"88d5f0eb-f1ff-4f6d-86d7-2d87564b530b","block_type":"box","text":"10.36","page_number":1,"box":{"x":793,"y":718,"width":31,"height":7}},{"id":"30177f8a-3259-42fc-903b-fc64e2324842","block_type":"box","text":"3.88","page_number":1,"box":{"x":859,"y":718,"width":24,"height":7}},{"id":"ecb0b316-3013-4647-acef-0761b69f040e","block_type":"box","text":"4.24","page_number":1,"box":{"x":916,"y":718,"width":25,"height":7}},{"id":"d6beff8a-a7ce-4ac2-bf91-3e11bc41626d","block_type":"box","text":"-","page_number":1,"box":{"x":560,"y":735,"width":3,"height":0}},{"id":"4072e4d2-ee49-4b66-860b-e33ac450bbbf","block_type":"box","text":"1.73","page_number":1,"box":{"x":565,"y":731,"width":20,"height":6}},{"id":"dc014971-dbc6-4b62-8e72-55dd6b9c37f8","block_type":"box","text":"-","page_number":1,"box":{"x":621,"y":735,"width":3,"height":0}},{"id":"16343d68-8b17-4712-814e-f1fd9ba66d56","block_type":"box","text":"0.72","page_number":1,"box":{"x":626,"y":731,"width":24,"height":6}},{"id":"7c20fd5c-7038-4b64-9f3d-9c24759888b9","block_type":"box","text":"6.65","page_number":1,"box":{"x":679,"y":731,"width":25,"height":6}},{"id":"55a3c30f-88c3-42fe-8c1a-b4154bcbecb9","block_type":"box","text":"4.42","page_number":1,"box":{"x":724,"y":731,"width":24,"height":6}},{"id":"4fca6179-9a3c-4159-91dd-4693ffb6277d","block_type":"box","text":"12.38","page_number":1,"box":{"x":793,"y":731,"width":30,"height":6}},{"id":"4749633e-0b08-40cf-8cd2-dbaf0da392ac","block_type":"box","text":"5.85","page_number":1,"box":{"x":859,"y":731,"width":24,"height":6}},{"id":"ae2ec936-f86b-40be-a018-e116c05eafb1","block_type":"box","text":"6.73","page_number":1,"box":{"x":917,"y":731,"width":24,"height":6}},{"id":"c5098526-e01d-41c4-8fba-796c56d96587","block_type":"box","text":"Past performance is not a guide to current and future performance.","page_number":1,"box":{"x":518,"y":768,"width":424,"height":9}},{"id":"ad700b22-36b9-44c1-b597-e398facfce0f","block_type":"box","text":"The value of your investments and any income from them may fall","page_number":1,"box":{"x":519,"y":780,"width":417,"height":8}},{"id":"011b5e26-57e3-4ebb-beef-4ac0673ae852","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":791,"width":384,"height":8}},{"id":"874e502c-7dfb-4b11-8369-b7cf39cfd830","block_type":"box","text":"invested.","page_number":1,"box":{"x":518,"y":802,"width":57,"height":7}},{"id":"511a1e58-e84b-4b45-92a6-3ffe6f159280","block_type":"box","text":"For more information on our approach to sustainable investing at J.P.","page_number":1,"box":{"x":519,"y":829,"width":414,"height":9}},{"id":"896eeacf-c3d5-44c1-9d1f-e33996e4bb26","block_type":"box","text":"Morgan Asset Management please visit","page_number":1,"box":{"x":519,"y":841,"width":236,"height":8}},{"id":"4abb8b9a-e1db-4d0c-a184-3684362bdb8f","block_type":"box","text":"https://am.jpmorgan.com/uk/esg","page_number":1,"box":{"x":519,"y":852,"width":215,"height":8}},{"id":"8cd298fb-bc36-4d80-aff3-8db6e74be992","block_type":"box","text":"Performance Disclosures","page_number":1,"box":{"x":520,"y":757,"width":145,"height":6}},{"id":"04d1a603-adf2-44bb-8303-83d44a1a0490","block_type":"box","text":"ESG","page_number":1,"box":{"x":520,"y":818,"width":22,"height":6}},{"id":"9cdd0e6b-4b8a-4b4b-b2aa-4cd344426f49","block_type":"box","text":"Morningstar Medalist Rating™","page_number":1,"box":{"x":517,"y":201,"width":190,"height":9}},{"id":"9e8c25ed-f5bb-4d5b-badd-7f0801b1607b","block_type":"box","text":"NEUTRAL","page_number":1,"box":{"x":712,"y":202,"width":48,"height":6}},{"id":"921d4729-5049-4cad-96a2-820db877d5e4","block_type":"box","text":"Analyst","page_number":1,"box":{"x":517,"y":213,"width":46,"height":9}},{"id":"a2da59ca-f276-4f0d-8f04-64a1e9e2415a","block_type":"box","text":"-","page_number":1,"box":{"x":565,"y":217,"width":4,"height":1}},{"id":"31c93a10-152d-48f4-b452-7640c4ba2bf1","block_type":"box","text":"Driven %","page_number":1,"box":{"x":571,"y":213,"width":54,"height":7}},{"id":"974165a6-be1e-4c61-81a1-aa644416c93b","block_type":"box","text":"100","page_number":1,"box":{"x":630,"y":214,"width":18,"height":6}},{"id":"c5acaf29-bbab-4adb-a6c6-7a05f3acdc68","block_type":"box","text":"Data Coverage %","page_number":1,"box":{"x":517,"y":225,"width":106,"height":9}},{"id":"8445858b-cf49-427d-8b36-cd97943edd55","block_type":"box","text":"100","page_number":1,"box":{"x":628,"y":226,"width":18,"height":6}},{"id":"dcf25b27-e12a-4a10-9fa1-e5d1687bd7d7","block_type":"box","text":"Morningstar Category™","page_number":1,"box":{"x":517,"y":237,"width":147,"height":9}},{"id":"5ff1ebe6-07cf-4a22-8890-cb2f7776954b","block_type":"box","text":"GBP Allocation 40","page_number":1,"box":{"x":669,"y":237,"width":115,"height":7}},{"id":"4ebc09bb-56e3-4e97-8fd8-95252e381591","block_type":"box","text":"-","page_number":1,"box":{"x":786,"y":241,"width":4,"height":1}},{"id":"5881dc9c-3227-48e9-b331-22128d8d6249","block_type":"box","text":"60% Equity","page_number":1,"box":{"x":792,"y":237,"width":70,"height":9}},{"id":"b3df6a8d-2ce7-4ce0-bb6b-2edc472016c2","block_type":"box","text":"FE Crown Fund","page_number":1,"box":{"x":517,"y":251,"width":97,"height":7}},{"id":"b03a0daa-2243-435b-970c-13ca7202b6ba","block_type":"box","text":"Rayner Spencer Mills rated fund","page_number":1,"box":{"x":517,"y":263,"width":203,"height":9}},{"id":"ddcc804e-37cb-482b-b6e4-5ab80f633287","block_type":"box","text":"Square Mile Research rating","page_number":1,"box":{"x":517,"y":275,"width":177,"height":9}},{"id":"30b5f9a8-5bf7-4e0c-b1e6-7f2a2eec1b8e","block_type":"box","text":"A","page_number":1,"box":{"x":699,"y":275,"width":9,"height":7}},{"id":"66bf5a2b-a88d-4663-9347-af3fb8cdf52c","block_type":"box","text":"DT risk profile","page_number":1,"box":{"x":517,"y":287,"width":87,"height":9}},{"id":"164fba00-2ead-4681-9cdc-dfe244b8a6ca","block_type":"box","text":"5 risk profile","page_number":1,"box":{"x":608,"y":287,"width":79,"height":9}},{"id":"16eb2343-acb0-4a74-95a1-e11f59684e4c","block_type":"box","text":"Fund Research Centre","page_number":1,"box":{"x":517,"y":299,"width":140,"height":7}},{"id":"c2f8879d-1058-485e-8916-6e6a4273582c","block_type":"box","text":"Recommended Fund","page_number":1,"box":{"x":662,"y":299,"width":131,"height":7}},{"id":"f555f702-4ad1-436a-8b5e-8075b54f6087","block_type":"box","text":"Class:","page_number":1,"box":{"x":534,"y":332,"width":37,"height":7}},{"id":"700c9029-0437-44be-bb70-2790b66f4912","block_type":"box","text":"JPM Multi","page_number":1,"box":{"x":575,"y":332,"width":57,"height":7}},{"id":"9f806ae3-db31-4a1a-8a0e-9d97cee60c6e","block_type":"box","text":"-","page_number":1,"box":{"x":634,"y":336,"width":4,"height":1}},{"id":"42747829-164f-4d47-8b17-46260a19c8d9","block_type":"box","text":"Asset Income Fund B","page_number":1,"box":{"x":638,"y":332,"width":127,"height":7}},{"id":"8e3b5798-1bf5-471e-8da3-75526c846f17","block_type":"box","text":"-","page_number":1,"box":{"x":769,"y":336,"width":4,"height":1}},{"id":"51f8f54e-2936-442e-9bc1-da493338e7dd","block_type":"box","text":"Net Accumulation","page_number":1,"box":{"x":777,"y":332,"width":106,"height":7}},{"id":"dc1bdddd-7b9a-406f-a5d3-faa2fb0e115d","block_type":"box","text":"Benchmark:","page_number":1,"box":{"x":535,"y":344,"width":73,"height":7}},{"id":"dec18284-977c-4165-ac60-5911aeca647b","block_type":"box","text":"40% MSCI World Index (Net) Hedged to GBP, 30%","page_number":1,"box":{"x":612,"y":344,"width":292,"height":9}},{"id":"4fa5e836-5add-42b5-a39c-eedf2efdfa11","block_type":"box","text":"Bloomberg US High Yield 2% Issuer Cap Index Hedged to GBP, 30%","page_number":1,"box":{"x":535,"y":355,"width":404,"height":9}},{"id":"f01aaf72-59e7-4fe2-8ecd-e731f8bf518b","block_type":"box","text":"Bloomberg Global Credit Index Hedged to GBP","page_number":1,"box":{"x":535,"y":366,"width":279,"height":9}},{"id":"c4c31a72-70ce-46d8-b1b2-180cfdbecf91","block_type":"box","text":"Sector average:","page_number":1,"box":{"x":534,"y":378,"width":96,"height":9}},{"id":"03e10711-098a-4792-8700-235514b33f8b","block_type":"box","text":"Mixed Investment 20","page_number":1,"box":{"x":636,"y":378,"width":123,"height":7}},{"id":"8389e8ad-62a4-4dfb-b186-2dcb276253d8","block_type":"box","text":"-","page_number":1,"box":{"x":761,"y":382,"width":3,"height":1}},{"id":"dc427c0e-6edf-45fa-aa65-d2d0ae0928df","block_type":"box","text":"60% Shares","page_number":1,"box":{"x":765,"y":378,"width":72,"height":7}},{"id":"4bc410e5-d82e-40a1-9583-d630608cabe2","block_type":"box","text":"1","page_number":1,"box":{"x":523,"y":332,"width":4,"height":7}},{"id":"34dec688-e8c1-4677-9e78-f2991c5ccc0a","block_type":"box","text":"2","page_number":1,"box":{"x":522,"y":344,"width":6,"height":7}},{"id":"3d426783-9cc0-4142-a0ee-eb397d1caae1","block_type":"box","text":"3","page_number":1,"box":{"x":522,"y":378,"width":6,"height":7}},{"id":"b4b3e650-5bd7-4a51-835d-c2cb69471f5b","block_type":"box","text":"Growth of","page_number":1,"box":{"x":517,"y":395,"width":61,"height":6}},{"id":"45747bd3-87d1-4518-b5fb-a2eb1af31432","block_type":"box","text":"£","page_number":1,"box":{"x":583,"y":395,"width":7,"height":6}},{"id":"611ae6d4-e00a-4474-bfce-8d91bf24243b","block_type":"box","text":"100,000","page_number":1,"box":{"x":595,"y":395,"width":51,"height":8}},{"id":"87d7004c-d4a2-4afe-8795-262c9c98d146","block_type":"box","text":"Calendar years","page_number":1,"box":{"x":649,"y":395,"width":88,"height":8}},{"id":"c05a2e04-2a60-4cc5-a845-12b3ae8769a6","block_type":"box","text":"30 Sep 2021","page_number":1,"box":{"x":554,"y":535,"width":64,"height":9}},{"id":"f79038ca-cf7e-4df4-915e-c7b359bcf6bd","block_type":"box","text":"30 Sep 2026","page_number":1,"box":{"x":873,"y":535,"width":72,"height":9}},{"id":"69adae78-6f50-43a0-a7d2-51b097534e2a","block_type":"box","text":"2021/2022","page_number":1,"box":{"x":546,"y":573,"width":66,"height":7}},{"id":"ed9d180b-a6b3-4509-b797-9bd64a5931de","block_type":"box","text":"2022/2023","page_number":1,"box":{"x":629,"y":573,"width":67,"height":7}},{"id":"edb02600-20c3-4286-a274-726736a731e4","block_type":"box","text":"2023/2024","page_number":1,"box":{"x":712,"y":573,"width":67,"height":7}},{"id":"1dbf8a56-47f1-419d-b42b-170b66bd4487","block_type":"box","text":"2024/2025","page_number":1,"box":{"x":796,"y":573,"width":68,"height":7}},{"id":"6e36538c-02bb-4b11-8a94-ab2dbb61e4aa","block_type":"box","text":"2025/2026","page_number":1,"box":{"x":878,"y":573,"width":69,"height":7}},{"id":"469afe22-ae39-4e4b-b4d4-b33b3a574227","block_type":"box","text":"-","page_number":1,"box":{"x":562,"y":589,"width":4,"height":1}},{"id":"ee5ae807-9b15-41db-8a9f-81120f9449c8","block_type":"box","text":"14.25","page_number":1,"box":{"x":567,"y":585,"width":29,"height":7}},{"id":"5d946bb0-0093-4ceb-a490-7f8526eeba9f","block_type":"box","text":"4.93","page_number":1,"box":{"x":649,"y":585,"width":25,"height":7}},{"id":"e7f96b3e-d8e8-44ec-a33a-75d0114aadb2","block_type":"box","text":"16.47","page_number":1,"box":{"x":731,"y":585,"width":29,"height":7}},{"id":"b111e942-5e23-41cb-8f95-15068bb9c558","block_type":"box","text":"7.03","page_number":1,"box":{"x":817,"y":585,"width":25,"height":7}},{"id":"a8bba5e6-0783-4b9b-8504-c299bd89bc1c","block_type":"box","text":"7.83","page_number":1,"box":{"x":901,"y":585,"width":24,"height":7}},{"id":"78950a8e-de36-4213-bf3c-b9088439a6f7","block_type":"box","text":"-","page_number":1,"box":{"x":562,"y":601,"width":4,"height":1}},{"id":"7f14ee28-7618-4802-8e8a-38138a4922d3","block_type":"box","text":"16.24","page_number":1,"box":{"x":567,"y":597,"width":30,"height":7}},{"id":"2792b5f5-8a3a-42a5-8999-27f22566c580","block_type":"box","text":"11.75","page_number":1,"box":{"x":650,"y":597,"width":25,"height":7}},{"id":"e7f11ae2-9b20-4bc1-82c0-ffb69348b7a0","block_type":"box","text":"20.37","page_number":1,"box":{"x":730,"y":597,"width":32,"height":7}},{"id":"6ac84c9a-3fd1-41a2-a726-769146c6ee76","block_type":"box","text":"10.56","page_number":1,"box":{"x":814,"y":597,"width":31,"height":7}},{"id":"5b6d1d95-f98d-472f-bf14-4f30d1993897","block_type":"box","text":"6.65","page_number":1,"box":{"x":900,"y":597,"width":25,"height":7}},{"id":"b8901aa5-4115-40cb-855e-d059e476f9fa","block_type":"box","text":"2016","page_number":1,"box":{"x":558,"y":623,"width":29,"height":7}},{"id":"0bdad741-56e4-481d-b08e-d1685007c15e","block_type":"box","text":"2017","page_number":1,"box":{"x":600,"y":623,"width":27,"height":7}},{"id":"c3a822c1-ba23-41f2-9346-de73efb2124d","block_type":"box","text":"2018","page_number":1,"box":{"x":640,"y":623,"width":28,"height":7}},{"id":"f478f221-eeba-4e4a-944c-6a694c2a16a1","block_type":"box","text":"2019","page_number":1,"box":{"x":680,"y":623,"width":28,"height":7}},{"id":"566b7bcd-b571-4598-8d94-76e656dd6d67","block_type":"box","text":"2020","page_number":1,"box":{"x":720,"y":623,"width":31,"height":7}},{"id":"980e6f47-6fce-41fa-a89d-7ef24ca3699d","block_type":"box","text":"2021","page_number":1,"box":{"x":761,"y":623,"width":28,"height":7}},{"id":"9dce5bd9-4bfd-41f1-b389-2d71ffaf61d0","block_type":"box","text":"2022","page_number":1,"box":{"x":802,"y":623,"width":29,"height":7}},{"id":"ea30a2eb-f1df-4091-98c4-3cb2fbe8270e","block_type":"box","text":"2023","page_number":1,"box":{"x":842,"y":623,"width":29,"height":7}},{"id":"6dabd447-5590-499f-90f3-5a43d63e2d9a","block_type":"box","text":"2024","page_number":1,"box":{"x":883,"y":623,"width":30,"height":7}},{"id":"7175c8a7-582c-418d-9475-812fde7015da","block_type":"box","text":"2025","page_number":1,"box":{"x":918,"y":623,"width":31,"height":7}},{"id":"991f11ee-09ba-46d7-8c72-df9565131b59","block_type":"box","text":"6.47","page_number":1,"box":{"x":561,"y":635,"width":24,"height":7}},{"id":"4eead812-dba1-4116-a434-d3e74c3ab9ea","block_type":"box","text":"8.30","page_number":1,"box":{"x":601,"y":635,"width":25,"height":7}},{"id":"6524c341-a66e-4a41-bb7c-1b3b1bfd0233","block_type":"box","text":"-","page_number":1,"box":{"x":639,"y":639,"width":3,"height":1}},{"id":"539d5c14-1141-4bf3-83f5-f41d7b87d311","block_type":"box","text":"6.04","page_number":1,"box":{"x":644,"y":635,"width":26,"height":7}},{"id":"140fa236-22d7-419d-8f87-e02a3238d0ae","block_type":"box","text":"12.55","page_number":1,"box":{"x":680,"y":635,"width":30,"height":7}},{"id":"4a6b972f-e123-40f2-a3de-7a37d7aec1de","block_type":"box","text":"1.15","page_number":1,"box":{"x":725,"y":635,"width":20,"height":7}},{"id":"d5863076-b5ef-4089-8b94-0a5f62a13e62","block_type":"box","text":"9.20","page_number":1,"box":{"x":763,"y":635,"width":25,"height":7}},{"id":"a1689535-4538-4863-977b-e77ec3cc086e","block_type":"box","text":"-","page_number":1,"box":{"x":801,"y":639,"width":3,"height":1}},{"id":"94c346fe-ee61-461a-9d2e-7b1de0c8d4eb","block_type":"box","text":"11.99","page_number":1,"box":{"x":805,"y":635,"width":27,"height":7}},{"id":"75f24747-a55a-4145-9c23-852f3ee92b85","block_type":"box","text":"6.81","page_number":1,"box":{"x":845,"y":635,"width":22,"height":7}},{"id":"38eacf05-77bf-4c67-8aae-344f852b06a1","block_type":"box","text":"7.30","page_number":1,"box":{"x":885,"y":635,"width":25,"height":7}},{"id":"673919bd-bd8d-44fc-8e92-ece3845c2725","block_type":"box","text":"11.71","page_number":1,"box":{"x":922,"y":635,"width":23,"height":7}},{"id":"8ffe5860-6f08-4d73-b44d-2dba5cfe97c1","block_type":"box","text":"10.34","page_number":1,"box":{"x":557,"y":647,"width":31,"height":7}},{"id":"59fa0081-bfcb-4898-a951-8e596c8b1cff","block_type":"box","text":"10.22","page_number":1,"box":{"x":599,"y":647,"width":30,"height":7}},{"id":"770cf410-d88e-4e37-b6c9-b0adbe84c92e","block_type":"box","text":"-","page_number":1,"box":{"x":641,"y":651,"width":4,"height":1}},{"id":"721c5a85-b9c5-46f3-bfba-1d51360b8663","block_type":"box","text":"5.12","page_number":1,"box":{"x":646,"y":647,"width":22,"height":7}},{"id":"281234e6-51b1-4a12-90a5-f18ac62d363b","block_type":"box","text":"16.82","page_number":1,"box":{"x":680,"y":647,"width":29,"height":7}},{"id":"c2e85d39-822b-401e-9456-c9184cc5e737","block_type":"box","text":"8.60","page_number":1,"box":{"x":723,"y":647,"width":25,"height":7}},{"id":"41bfed6d-9bd9-4ccf-be41-5a46b2f1e28d","block_type":"box","text":"10.50","page_number":1,"box":{"x":760,"y":647,"width":32,"height":7}},{"id":"7517910d-21b5-4e01-844b-e3cb69299121","block_type":"box","text":"-","page_number":1,"box":{"x":799,"y":651,"width":4,"height":1}},{"id":"833dbb70-971a-485a-8132-689cc657a1ad","block_type":"box","text":"14.92","page_number":1,"box":{"x":804,"y":647,"width":30,"height":7}},{"id":"704fb202-4cfd-4e10-9171-9964c445974d","block_type":"box","text":"15.11","page_number":1,"box":{"x":844,"y":647,"width":24,"height":7}},{"id":"30fc448c-82e5-4b9f-8dc6-af0f79989274","block_type":"box","text":"11.98","page_number":1,"box":{"x":884,"y":647,"width":28,"height":7}},{"id":"8900d5f3-5953-445f-a4f9-8fc5858f50e1","block_type":"box","text":"12.34","page_number":1,"box":{"x":920,"y":647,"width":29,"height":7}},{"id":"47a1e8ba-c0e5-4661-aa60-4729871fc0ab","block_type":"box","text":"Yield and cumulative performance (%)","page_number":1,"box":{"x":518,"y":661,"width":219,"height":8}},{"id":"3dfbccb6-b4c8-480d-96f6-45d0db219361","block_type":"box","text":"Yield:","page_number":1,"box":{"x":517,"y":673,"width":33,"height":7}},{"id":"0bd63900-7298-42de-be6a-4222bb3dc633","block_type":"box","text":"4.36%","page_number":1,"box":{"x":554,"y":673,"width":37,"height":7}},{"id":"84c6b1d5-ff62-4f54-8365-d87212ce0022","block_type":"box","text":"Latest dividend rate (may be estimated):","page_number":1,"box":{"x":518,"y":684,"width":220,"height":8}},{"id":"0863f2b1-e9a9-4964-b76e-8d13958ded86","block_type":"box","text":"1.75p","page_number":1,"box":{"x":742,"y":685,"width":26,"height":7}},{"id":"f7fab407-db53-41be-bd92-e78428d60145","block_type":"box","text":"Ex","page_number":1,"box":{"x":799,"y":684,"width":11,"height":6}},{"id":"be9f3eb5-e34d-453f-9005-aed03aaeb506","block_type":"box","text":"-","page_number":1,"box":{"x":810,"y":688,"width":4,"height":0}},{"id":"00802b67-6517-4eb9-bd08-d27c55f7f331","block_type":"box","text":"dividend date:","page_number":1,"box":{"x":815,"y":684,"width":78,"height":6}},{"id":"3655762e-ce94-4077-b9bd-3aa37fc7d87d","block_type":"box","text":"3 Aug 2026","page_number":1,"box":{"x":896,"y":684,"width":58,"height":8}},{"id":"b3d59513-955b-472e-a74d-bc583544e5d2","block_type":"box","text":"Risk and Reward Profile","page_number":1,"box":{"x":671,"y":35,"width":131,"height":6}},{"id":"8a7ea462-e923-4a12-959e-b2b72a4df6a1","block_type":"box","text":"Lower Risk","page_number":1,"box":{"x":671,"y":44,"width":59,"height":6}},{"id":"57bc2038-79a3-4d9f-ab85-a555afb180a4","block_type":"box","text":"Potentially lower reward","page_number":1,"box":{"x":671,"y":53,"width":116,"height":7}},{"id":"45fe0453-186b-4c50-9b51-5390c33fea7e","block_type":"box","text":"Higher Risk","page_number":1,"box":{"x":890,"y":44,"width":63,"height":8}},{"id":"8956af29-7e49-4017-8814-a5b744978ac2","block_type":"box","text":"Potentially higher reward","page_number":1,"box":{"x":831,"y":53,"width":121,"height":7}},{"id":"d3d4fd94-3ef7-4f28-aab4-c7504812fe2f","block_type":"box","text":"Portfolio analysis","page_number":2,"box":{"x":54,"y":112,"width":135,"height":11}},{"id":"625f910f-6a9f-4dc2-87cf-287ced483234","block_type":"box","text":"Measurement","page_number":2,"box":{"x":53,"y":126,"width":77,"height":6}},{"id":"dcc273bc-b161-4867-99d1-64a4b07edd00","block_type":"box","text":"3 years","page_number":2,"box":{"x":298,"y":126,"width":39,"height":8}},{"id":"be352f28-2416-4cf6-94a4-ab4b122a7fec","block_type":"box","text":"5 years","page_number":2,"box":{"x":442,"y":126,"width":39,"height":8}},{"id":"5a1eae75-696b-4d61-bdab-17682fcbc50e","block_type":"box","text":"Correlation","page_number":2,"box":{"x":52,"y":137,"width":60,"height":6}},{"id":"5c889071-985a-46b8-ae5b-27fd474baa0f","block_type":"box","text":"0.95","page_number":2,"box":{"x":314,"y":137,"width":24,"height":6}},{"id":"269ebe6f-1a99-494d-b46a-efc4f2181f74","block_type":"box","text":"0.94","page_number":2,"box":{"x":458,"y":137,"width":23,"height":6}},{"id":"137cd1cb-5f8c-4212-a045-a3bf8ebcdf87","block_type":"box","text":"Beta","page_number":2,"box":{"x":53,"y":148,"width":24,"height":6}},{"id":"1422b6d8-78af-42fd-ba2b-00f8f6d1cc01","block_type":"box","text":"0.99","page_number":2,"box":{"x":314,"y":148,"width":24,"height":6}},{"id":"50721859-0ddb-4280-9707-51848c210ac1","block_type":"box","text":"0.83","page_number":2,"box":{"x":460,"y":148,"width":21,"height":6}},{"id":"efa9edae-0fea-4cc5-8203-566f85df93d2","block_type":"box","text":"Annualised volatility (%)","page_number":2,"box":{"x":52,"y":159,"width":123,"height":8}},{"id":"0d27d4e0-7bc2-4c95-bd33-290e72a059ff","block_type":"box","text":"6.79","page_number":2,"box":{"x":315,"y":159,"width":22,"height":6}},{"id":"63fd0410-8392-4a3b-959d-630f87075e43","block_type":"box","text":"7.89","page_number":2,"box":{"x":459,"y":159,"width":22,"height":6}},{"id":"bb0bbce0-1ec4-4ab2-81b0-4a6c7f718ce8","block_type":"box","text":"Sharpe ratio","page_number":2,"box":{"x":52,"y":170,"width":67,"height":7}},{"id":"4e387ee0-f544-4a03-a10c-ec28550f090a","block_type":"box","text":"0.82","page_number":2,"box":{"x":316,"y":170,"width":22,"height":6}},{"id":"c5d55eec-b138-414c-99f3-78296c99af5c","block_type":"box","text":"0.06","page_number":2,"box":{"x":457,"y":170,"width":24,"height":6}},{"id":"78f94d89-5d0e-406e-bc63-7dd76c4a717e","block_type":"box","text":"Information ratio","page_number":2,"box":{"x":53,"y":181,"width":89,"height":6}},{"id":"754d9c8b-690d-4130-9b3d-8eb51d803a7c","block_type":"box","text":"-","page_number":2,"box":{"x":312,"y":184,"width":3,"height":1}},{"id":"b6f286f0-1658-4b22-942c-a22d4de1eeea","block_type":"box","text":"0.83","page_number":2,"box":{"x":316,"y":181,"width":22,"height":6}},{"id":"ad80f2d3-ca86-428d-95f2-063638c4bcbf","block_type":"box","text":"-","page_number":2,"box":{"x":454,"y":184,"width":3,"height":1}},{"id":"3173c3f6-1009-434c-aba0-9803d0f7a272","block_type":"box","text":"0.64","page_number":2,"box":{"x":458,"y":181,"width":23,"height":6}},{"id":"83234839-8f7f-44b8-8392-04be14ad88da","block_type":"box","text":"Holdings","page_number":2,"box":{"x":53,"y":210,"width":70,"height":11}},{"id":"d33c16a2-bbdc-48fc-a02e-aff9cb8471ac","block_type":"box","text":"As at 31 August 2026","page_number":2,"box":{"x":128,"y":212,"width":108,"height":8}},{"id":"82d7fbd0-5f02-4e7b-9939-a004d8ad8e6b","block_type":"box","text":"Top 10","page_number":2,"box":{"x":53,"y":224,"width":35,"height":8}},{"id":"221d8e6b-9b9c-422e-aeaa-2568e93f3316","block_type":"box","text":"Sector","page_number":2,"box":{"x":275,"y":224,"width":35,"height":6}},{"id":"1d567747-9425-40af-bebf-95fe9f714273","block_type":"box","text":"% of assets","page_number":2,"box":{"x":410,"y":224,"width":59,"height":6}},{"id":"efc27fbf-24f8-43b5-ad63-dc079f76b6db","block_type":"box","text":"JPM NASDAQ EQUITY PREMIUM INCOME","page_number":2,"box":{"x":53,"y":237,"width":212,"height":6}},{"id":"4145712b-141c-4e15-9d47-007b8214984f","block_type":"box","text":"ACTIVE UCITS ETF","page_number":2,"box":{"x":53,"y":247,"width":94,"height":6}},{"id":"11a2bda9-c79b-4202-b855-263e0d5416ab","block_type":"box","text":"Equity","page_number":2,"box":{"x":275,"y":242,"width":32,"height":7}},{"id":"17506b18-737f-452a-83ca-27e33c7dddca","block_type":"box","text":"8.0","page_number":2,"box":{"x":453,"y":242,"width":16,"height":6}},{"id":"eb828c43-4e20-4f3c-9a80-660dc3265b7c","block_type":"box","text":"Microsoft","page_number":2,"box":{"x":54,"y":259,"width":48,"height":6}},{"id":"9b8a48b5-6af2-4f6e-8d9e-1e667b3b769f","block_type":"box","text":"Equity","page_number":2,"box":{"x":275,"y":259,"width":32,"height":8}},{"id":"151a2d28-fe3c-48a7-b039-5fd3c2bc692e","block_type":"box","text":"1.1","page_number":2,"box":{"x":457,"y":259,"width":11,"height":6}},{"id":"0d72f9c7-e356-4b1b-ba0b-e4c53dc654a4","block_type":"box","text":"Taiwan Semiconductor","page_number":2,"box":{"x":53,"y":272,"width":123,"height":6}},{"id":"640043f3-8ba7-48e8-81cf-f417ac5b6545","block_type":"box","text":"Equity","page_number":2,"box":{"x":275,"y":272,"width":32,"height":7}},{"id":"b6dfbd92-f64d-48cf-b483-be53e6bcc3ba","block_type":"box","text":"1.1","page_number":2,"box":{"x":457,"y":272,"width":11,"height":6}},{"id":"b7da3aaf-11b3-4241-a6c6-9781efc20c06","block_type":"box","text":"ASML","page_number":2,"box":{"x":53,"y":284,"width":29,"height":6}},{"id":"e4409fd0-89d6-4df9-924d-cdd798e8a984","block_type":"box","text":"Equity","page_number":2,"box":{"x":275,"y":284,"width":32,"height":8}},{"id":"12941bfa-00c1-4cf9-9bae-14975009d28e","block_type":"box","text":"0.6","page_number":2,"box":{"x":452,"y":284,"width":17,"height":6}},{"id":"fced056d-369b-449d-96eb-bcd35b1d1763","block_type":"box","text":"Nvidia","page_number":2,"box":{"x":54,"y":297,"width":32,"height":6}},{"id":"97b5044c-a841-40b6-ba8b-c216847bd834","block_type":"box","text":"Equity","page_number":2,"box":{"x":275,"y":297,"width":32,"height":8}},{"id":"fa4a7d41-2797-4e53-9769-b3bc83b4666b","block_type":"box","text":"0.6","page_number":2,"box":{"x":452,"y":297,"width":17,"height":6}},{"id":"78df2f2a-69ce-4cce-9105-64d02f17147f","block_type":"box","text":"Samsung Electronics","page_number":2,"box":{"x":53,"y":309,"width":113,"height":8}},{"id":"012946d4-905f-421a-a97f-39e87cb1dce3","block_type":"box","text":"Equity","page_number":2,"box":{"x":275,"y":309,"width":32,"height":8}},{"id":"7cb5b63d-3e20-4216-ab46-8db1fd58bb18","block_type":"box","text":"0.4","page_number":2,"box":{"x":454,"y":309,"width":16,"height":7}},{"id":"22f700b9-e591-4d6a-a3c4-fdcef4d28d36","block_type":"box","text":"Mastercard","page_number":2,"box":{"x":54,"y":322,"width":61,"height":6}},{"id":"7ad1acfe-66cb-4c72-ab4c-28f58df16b94","block_type":"box","text":"Equity","page_number":2,"box":{"x":275,"y":322,"width":32,"height":8}},{"id":"815944c3-3c4c-45e9-898f-4974d1ee9756","block_type":"box","text":"0.4","page_number":2,"box":{"x":454,"y":322,"width":16,"height":6}},{"id":"bbbcf4ce-10b9-4703-933f-c93d3dffd308","block_type":"box","text":"CCO HOLDING 4.75 01 MAR 2030","page_number":2,"box":{"x":53,"y":334,"width":171,"height":7}},{"id":"13c1a2c4-b31b-49bf-a9a3-497a04ebfb7e","block_type":"box","text":"Bond","page_number":2,"box":{"x":275,"y":335,"width":28,"height":6}},{"id":"7600eb5f-1752-4e76-8850-2eb49f19abed","block_type":"box","text":"0.4","page_number":2,"box":{"x":454,"y":334,"width":16,"height":7}},{"id":"ed08e78d-414d-4fd4-81c1-8b6970c39c5b","block_type":"box","text":"Engie","page_number":2,"box":{"x":54,"y":347,"width":29,"height":8}},{"id":"8ff9deac-1ef2-48d5-95fc-c520bb69d131","block_type":"box","text":"Equity","page_number":2,"box":{"x":275,"y":347,"width":32,"height":8}},{"id":"40ad2d49-3fcb-44d7-ab72-555a46142fbe","block_type":"box","text":"0.4","page_number":2,"box":{"x":454,"y":347,"width":16,"height":6}},{"id":"4401914f-c432-4f3c-b413-4f2a682c7fde","block_type":"box","text":"CCO HOLDING 4.5 15 AUG 2030 144A","page_number":2,"box":{"x":53,"y":360,"width":191,"height":6}},{"id":"b36c5c88-0c16-48d0-8c5f-3caaff819305","block_type":"box","text":"Bond","page_number":2,"box":{"x":275,"y":360,"width":28,"height":6}},{"id":"449baa43-fbcb-46f5-ab23-f37df20aa38e","block_type":"box","text":"0.4","page_number":2,"box":{"x":454,"y":360,"width":16,"height":6}},{"id":"a01a0348-5e97-41b2-bc73-51058327f3b7","block_type":"box","text":"Bond quality breakdown (%)","page_number":2,"box":{"x":54,"y":388,"width":154,"height":8}},{"id":"00e807f4-0ae0-413c-9fe2-6989c9a7b899","block_type":"box","text":"As at 31 August 2026","page_number":2,"box":{"x":211,"y":388,"width":112,"height":8}},{"id":"4d8b9407-a43c-40f7-b818-9c7f7ca5552e","block_type":"box","text":"AAA: 3.05%","page_number":2,"box":{"x":52,"y":400,"width":59,"height":6}},{"id":"003f20ed-a15d-4ec3-8291-358956868118","block_type":"box","text":"Average duration: 2.66 yrs","page_number":2,"box":{"x":267,"y":400,"width":143,"height":8}},{"id":"0e8198ea-f4d4-4898-8491-79f7f5892ae0","block_type":"box","text":"AA: 4.79%","page_number":2,"box":{"x":52,"y":411,"width":51,"height":6}},{"id":"ba4b4b1a-eea9-4781-a5a6-db65d507b50c","block_type":"box","text":"A: 1.85%","page_number":2,"box":{"x":52,"y":421,"width":43,"height":7}},{"id":"1844e457-6258-44c8-a146-3f4386b2d0d5","block_type":"box","text":"BBB: 10.24%","page_number":2,"box":{"x":53,"y":432,"width":66,"height":6}},{"id":"7ebd9022-0ab3-4da2-b515-fe743d04672d","block_type":"box","text":"< BBB: 75.56%","page_number":2,"box":{"x":52,"y":443,"width":78,"height":6}},{"id":"e2d4f8b9-f04c-4446-a6c3-74688f4eca9e","block_type":"box","text":"Non Rated: 4.50%","page_number":2,"box":{"x":53,"y":454,"width":94,"height":6}},{"id":"06eb5cdb-37fb-425f-98ce-f5782718fc0a","block_type":"box","text":"Figures shown may not add up to 100 due to rounding.","page_number":2,"box":{"x":54,"y":470,"width":319,"height":9}},{"id":"e1a2c51b-481c-4308-9b1a-2b988fb84fcb","block_type":"box","text":"Value at Risk (Var)","page_number":2,"box":{"x":523,"y":127,"width":102,"height":8}},{"id":"9bafd0b4-b518-4128-83b2-aea31e19b70d","block_type":"box","text":"Fund","page_number":2,"box":{"x":785,"y":127,"width":27,"height":6}},{"id":"eea765ad-087f-412b-b67f-068ac9621360","block_type":"box","text":"Benchmark","page_number":2,"box":{"x":863,"y":127,"width":65,"height":6}},{"id":"cc1dd82f-1cf1-4f06-8850-aa0f6b572aa2","block_type":"box","text":"VaR","page_number":2,"box":{"x":523,"y":138,"width":21,"height":6}},{"id":"0d9264c5-e38d-4164-aef8-a3911a65290b","block_type":"box","text":"4.82%","page_number":2,"box":{"x":782,"y":138,"width":30,"height":6}},{"id":"1d8e5729-e594-4af7-8c89-4e1a4944bce5","block_type":"box","text":"4.66%","page_number":2,"box":{"x":896,"y":138,"width":32,"height":6}},{"id":"397efd92-249c-48f3-8a29-b2a20312af69","block_type":"box","text":"Regions (%)","page_number":2,"box":{"x":525,"y":166,"width":62,"height":7}},{"id":"a2e50767-612c-4e5c-bbaf-a4640d384776","block_type":"box","text":"As at 31 August 2026","page_number":2,"box":{"x":590,"y":166,"width":111,"height":7}},{"id":"06f98ef1-eeeb-4a1d-a393-80a83f034f47","block_type":"box","text":"62.1","page_number":2,"box":{"x":694,"y":180,"width":19,"height":6}},{"id":"14d950e9-cf02-4e12-bba0-7965de15c865","block_type":"box","text":"United States","page_number":2,"box":{"x":727,"y":180,"width":70,"height":6}},{"id":"3914a3df-66d1-49b4-b8cb-2d1b19991aec","block_type":"box","text":"12.1","page_number":2,"box":{"x":694,"y":196,"width":17,"height":6}},{"id":"bd1353c7-cfd7-40af-af9d-13e6a7e2baab","block_type":"box","text":"Europe ex","page_number":2,"box":{"x":727,"y":196,"width":54,"height":7}},{"id":"5eab898e-b03a-40d6-8ec1-11973f7b8f09","block_type":"box","text":"-","page_number":2,"box":{"x":781,"y":199,"width":4,"height":1}},{"id":"e104cfc5-f6da-4a1f-960a-30173c9a41d2","block_type":"box","text":"UK","page_number":2,"box":{"x":786,"y":196,"width":14,"height":6}},{"id":"afc924e0-00ea-43ac-baff-98192c3c73ae","block_type":"box","text":"11.8","page_number":2,"box":{"x":694,"y":212,"width":18,"height":6}},{"id":"0e968df5-6bfa-489f-bc1d-69488e171479","block_type":"box","text":"Emerging Markets","page_number":2,"box":{"x":727,"y":212,"width":99,"height":7}},{"id":"d82f9199-d247-4694-9219-ff3b01346aa9","block_type":"box","text":"3.4","page_number":2,"box":{"x":693,"y":227,"width":16,"height":7}},{"id":"19c1ac8e-cdb6-4950-83e0-71df306b447e","block_type":"box","text":"United Kingdom","page_number":2,"box":{"x":727,"y":228,"width":84,"height":7}},{"id":"a6c1202b-8e9f-41d4-8840-b9e5221ecc83","block_type":"box","text":"2.9","page_number":2,"box":{"x":693,"y":243,"width":16,"height":6}},{"id":"0b85bb02-5b95-42e3-9032-5f8bc8a1fa8f","block_type":"box","text":"Canada","page_number":2,"box":{"x":727,"y":243,"width":43,"height":6}},{"id":"21ae5a12-6c9b-471a-b12f-8a7393192b81","block_type":"box","text":"1.7","page_number":2,"box":{"x":694,"y":259,"width":13,"height":6}},{"id":"eea2798b-9df3-44e0-abe3-c81bd44dfa54","block_type":"box","text":"Japan","page_number":2,"box":{"x":726,"y":259,"width":34,"height":8}},{"id":"d472a8cf-3149-4d16-acb2-5782e1e06791","block_type":"box","text":"1.2","page_number":2,"box":{"x":694,"y":275,"width":13,"height":6}},{"id":"cfb33abc-775e-439e-a5b0-c7fb2afa882d","block_type":"box","text":"Asia ex","page_number":2,"box":{"x":726,"y":275,"width":37,"height":6}},{"id":"35e372c8-84f5-4a60-bde0-9f871f9afa3f","block_type":"box","text":"-","page_number":2,"box":{"x":764,"y":279,"width":3,"height":0}},{"id":"cce9c93a-6ef9-44a2-a7e0-e0d22405d010","block_type":"box","text":"Japan","page_number":2,"box":{"x":768,"y":275,"width":33,"height":8}},{"id":"26e29214-7e8f-4412-98f3-3397c7e1d807","block_type":"box","text":"4.8","page_number":2,"box":{"x":693,"y":291,"width":15,"height":6}},{"id":"df75bc9c-6682-49cd-8e84-aa708ee450be","block_type":"box","text":"Cash","page_number":2,"box":{"x":727,"y":291,"width":27,"height":6}},{"id":"3933e180-6d33-4c9d-8d26-0ecea3d53c74","block_type":"box","text":"Figures shown may not add up to 100 due to rounding.","page_number":2,"box":{"x":525,"y":309,"width":319,"height":8}},{"id":"8e365af9-375c-44c3-b004-c6b932f1ed35","block_type":"box","text":"Asset allocation (%)","page_number":2,"box":{"x":524,"y":337,"width":110,"height":8}},{"id":"72b9e682-6686-4195-b3ca-77c2e2ccd8b2","block_type":"box","text":"US High Yield","page_number":2,"box":{"x":525,"y":350,"width":67,"height":7}},{"id":"c3f7207a-298e-40f7-b370-42d163a2fab1","block_type":"box","text":"28","page_number":2,"box":{"x":940,"y":350,"width":11,"height":6}},{"id":"02261b59-7f9b-4b55-ae74-34b4dc296cc6","block_type":"box","text":"Global Equity","page_number":2,"box":{"x":524,"y":362,"width":70,"height":8}},{"id":"e3e3b09f-c164-46a8-906d-cc41016da564","block_type":"box","text":"24.2","page_number":2,"box":{"x":930,"y":362,"width":21,"height":6}},{"id":"a3d94e71-fbbd-4951-993b-7f2e128a34ad","block_type":"box","text":"European Equity","page_number":2,"box":{"x":525,"y":375,"width":89,"height":7}},{"id":"a180b1bd-9519-4042-a93c-8e76fad9ba30","block_type":"box","text":"8.3","page_number":2,"box":{"x":936,"y":375,"width":15,"height":6}},{"id":"5852795b-4a5a-48dc-b2d5-0bacb9939aca","block_type":"box","text":"Non","page_number":2,"box":{"x":525,"y":387,"width":21,"height":6}},{"id":"1932857a-354f-401b-abad-7f9b41f423b1","block_type":"box","text":"-","page_number":2,"box":{"x":547,"y":391,"width":4,"height":0}},{"id":"d84a5a79-7553-4460-9884-69716e1ca985","block_type":"box","text":"Agency Securitized","page_number":2,"box":{"x":551,"y":387,"width":102,"height":8}},{"id":"ac2fe439-3058-4d5c-930f-1d3c7b36a3c0","block_type":"box","text":"8.1","page_number":2,"box":{"x":937,"y":387,"width":13,"height":6}},{"id":"16e4ecc1-09f9-4612-b41a-44e15d40be93","block_type":"box","text":"US Equity","page_number":2,"box":{"x":525,"y":400,"width":49,"height":7}},{"id":"9b98686a-3817-48c4-9a33-acc0cfab9b75","block_type":"box","text":"8","page_number":2,"box":{"x":946,"y":400,"width":5,"height":6}},{"id":"bc49a7c0-7269-413b-839a-04ce0f6e5dd7","block_type":"box","text":"Emerging Markets Debt","page_number":2,"box":{"x":525,"y":412,"width":128,"height":8}},{"id":"3f9c86e4-b3b8-4255-b58b-59bad10d5769","block_type":"box","text":"5.7","page_number":2,"box":{"x":935,"y":412,"width":16,"height":6}},{"id":"dc5aa4bc-5a4c-4e70-b2b1-817e507796ab","block_type":"box","text":"Emerging Markets Equity","page_number":2,"box":{"x":525,"y":425,"width":135,"height":8}},{"id":"d9ac7bd2-dbde-4a93-9ca0-cc87290f9f86","block_type":"box","text":"5.4","page_number":2,"box":{"x":935,"y":425,"width":16,"height":6}},{"id":"acc9ea46-9d81-4055-86b5-569cbc26f7e4","block_type":"box","text":"Preferred Equity","page_number":2,"box":{"x":525,"y":437,"width":87,"height":8}},{"id":"63e1b9df-dadd-46cb-9ec6-be7b66756b68","block_type":"box","text":"5.1","page_number":2,"box":{"x":936,"y":437,"width":14,"height":6}},{"id":"baef0664-28bd-465b-bc2e-6b7211fe1dde","block_type":"box","text":"Investment Grade Corporates","page_number":2,"box":{"x":525,"y":450,"width":162,"height":8}},{"id":"b143a349-d6ec-4d1a-ad38-1e7a52c3165b","block_type":"box","text":"1.2","page_number":2,"box":{"x":937,"y":450,"width":14,"height":6}},{"id":"27b5dc86-f1f1-4e46-8657-6a7d8cf0d87a","block_type":"box","text":"European High Yield","page_number":2,"box":{"x":525,"y":463,"width":107,"height":7}},{"id":"2e9a00dd-96ea-4407-9315-544a581bd7b9","block_type":"box","text":"1.1","page_number":2,"box":{"x":939,"y":463,"width":11,"height":6}},{"id":"89275982-159c-42d5-86cd-cc5880401019","block_type":"box","text":"Agency Securitized","page_number":2,"box":{"x":524,"y":475,"width":102,"height":8}},{"id":"11489089-b205-48a1-ba19-401bd9c1f431","block_type":"box","text":"0.2","page_number":2,"box":{"x":935,"y":475,"width":16,"height":6}},{"id":"21665c5e-ec71-4fbe-98c8-d00cbe9ebc72","block_type":"box","text":"Cash","page_number":2,"box":{"x":524,"y":488,"width":27,"height":6}},{"id":"a2c0181c-cb56-4aa8-8096-a06297ffaa9e","block_type":"box","text":"4.8","page_number":2,"box":{"x":936,"y":488,"width":15,"height":6}},{"id":"e01f5de6-deab-4059-ba78-0148511c22e2","block_type":"box","text":"Figures shown may not add up to 100 due to rounding.","page_number":2,"box":{"x":525,"y":504,"width":319,"height":9}},{"id":"c3c75a84-e3aa-4bb7-a46e-b896d556672f","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":177,"width":14,"height":10}},{"id":"2ecf84a7-2276-4dcd-a936-3368195d7e5f","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":193,"width":14,"height":10}},{"id":"919366e7-cf0f-47a5-b36b-2bd94d026aac","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":209,"width":14,"height":10}},{"id":"d490906e-efc4-4efe-89e0-3fb4c1c50093","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":225,"width":14,"height":10}},{"id":"a6e0d3b5-e186-4ad2-9feb-95678a882f9e","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":240,"width":14,"height":11}},{"id":"dea1a7d6-cb40-49e2-8537-0cb61e7c7c6e","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":256,"width":14,"height":10}},{"id":"49bc8fa8-eb80-42d0-8aa6-636aa5dae5bc","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":272,"width":14,"height":10}},{"id":"cd62403a-39a1-476c-ba02-ca2cff343d01","block_type":"box","text":"n","page_number":2,"box":{"x":672,"y":288,"width":14,"height":10}},{"id":"3f5fd77e-9924-440f-aca5-1b8b11fae7e7","block_type":"box","text":"Page 2 of 4 | Factsheet","page_number":2,"box":{"x":53,"y":45,"width":129,"height":7}},{"id":"afc61c1d-1ecb-4576-9514-73e816e7ed34","block_type":"box","text":"| 30 September 2026","page_number":2,"box":{"x":186,"y":45,"width":107,"height":7}},{"id":"d0f8b8a0-55bc-4f2b-a38c-92d4e29d2005","block_type":"box","text":"Class: JPM Multi","page_number":2,"box":{"x":638,"y":45,"width":88,"height":6}},{"id":"56deaf6f-d88a-4ffb-9ba4-ee30dff47579","block_type":"box","text":"-","page_number":2,"box":{"x":727,"y":48,"width":3,"height":1}},{"id":"fab6d76b-0927-4c04-8153-4cd0d7af8183","block_type":"box","text":"Asset Income Fund B","page_number":2,"box":{"x":731,"y":45,"width":112,"height":6}},{"id":"90217288-4a08-4088-b7bd-d8b25ef07d2f","block_type":"box","text":"-","page_number":2,"box":{"x":847,"y":48,"width":3,"height":1}},{"id":"c8da51ad-3953-49dc-b896-9241929ec5c7","block_type":"box","text":"Net Accumulation","page_number":2,"box":{"x":855,"y":45,"width":96,"height":6}},{"id":"83388d9c-f631-47f3-8b18-d01d567606d7","block_type":"box","text":"Before investing, obtain and review the current Prospectus, Key","page_number":3,"box":{"x":63,"y":530,"width":409,"height":9}},{"id":"0c2e60a2-c49d-4041-8969-2e06c2988cea","block_type":"box","text":"Investor Information Document (KIID) and the Key Features","page_number":3,"box":{"x":63,"y":540,"width":370,"height":9}},{"id":"667c554e-4503-4507-928a-49117d822a9b","block_type":"box","text":"Document/Terms & Conditions for this fund which are available in","page_number":3,"box":{"x":63,"y":551,"width":416,"height":7}},{"id":"01e910fa-1ec3-40c7-ac50-e82514f7a0e1","block_type":"box","text":"English from JPMorgan Asset Management (UK) Limited or at","page_number":3,"box":{"x":63,"y":562,"width":388,"height":8}},{"id":"f3cfa2fb-fcf3-41f1-b184-ed0df7bd1206","block_type":"box","text":"https://am.jpmorgan.com","page_number":3,"box":{"x":63,"y":572,"width":170,"height":9}},{"id":"c1963281-874a-442c-ad9d-4cbdcf145a88","block_type":"box","text":".","page_number":3,"box":{"x":235,"y":577,"width":2,"height":2}},{"id":"c5fd0a0c-8e60-4307-88f1-6df515e086a5","block_type":"box","text":"This material should not be considered as advice or an investment","page_number":3,"box":{"x":62,"y":583,"width":404,"height":7}},{"id":"c91afe57-3578-48a8-a111-613bbe9c2aec","block_type":"box","text":"recommendation. Fund holdings and performance are likely to have","page_number":3,"box":{"x":63,"y":593,"width":412,"height":9}},{"id":"3545b43d-0067-4877-9797-fa9891f04396","block_type":"box","text":"changed since the report date.","page_number":3,"box":{"x":63,"y":604,"width":186,"height":9}},{"id":"cc7f8d20-618e-46e2-9384-8eb9216b8184","block_type":"box","text":"To the extent permitted by applicable law, we may record telephone","page_number":3,"box":{"x":62,"y":614,"width":401,"height":9}},{"id":"bfa7de95-a3f4-4954-9dd1-8c35c02e8d5b","block_type":"box","text":"calls and monitor electronic communications to comply with our","page_number":3,"box":{"x":63,"y":625,"width":392,"height":9}},{"id":"a4a299d6-3937-47f1-9042-2fe532e33088","block_type":"box","text":"legal and regulatory obligations and internal policies. Personal data","page_number":3,"box":{"x":63,"y":635,"width":405,"height":9}},{"id":"c6c57776-96ef-4272-b10b-c9741ffc568a","block_type":"box","text":"will be collected, stored and processed by J.P. Morgan Asset","page_number":3,"box":{"x":62,"y":646,"width":358,"height":9}},{"id":"a81aa182-6204-4abb-8c37-2dfda8d141ba","block_type":"box","text":"Management in accordance with our EMEA Privacy Policy","page_number":3,"box":{"x":63,"y":657,"width":342,"height":8}},{"id":"cb35d966-10a3-4c99-90bf-cb3543b45336","block_type":"box","text":"www.jpmorgan.com/emea","page_number":3,"box":{"x":62,"y":667,"width":160,"height":9}},{"id":"f45ab9c9-8a4b-4524-ac8b-d14a9909c945","block_type":"box","text":"-","page_number":3,"box":{"x":223,"y":671,"width":3,"height":1}},{"id":"3578177a-691d-452c-80b1-7b0e05576ca0","block_type":"box","text":"privacy","page_number":3,"box":{"x":229,"y":667,"width":40,"height":9}},{"id":"3f03e1bd-f723-4937-8d18-3fb22d0b5a8c","block_type":"box","text":"-","page_number":3,"box":{"x":270,"y":671,"width":4,"height":1}},{"id":"e5ae5bb0-3117-47b1-91d3-a7788b874fe5","block_type":"box","text":"policy","page_number":3,"box":{"x":277,"y":667,"width":33,"height":9}},{"id":"2fabe19d-7555-4e59-9792-67c3922754f2","block_type":"box","text":"For additional information on the fund","page_number":3,"box":{"x":63,"y":678,"width":231,"height":7}},{"id":"a3c25f6a-5e8f-4937-b6bc-b2c7e335157e","block_type":"box","text":"’","page_number":3,"box":{"x":296,"y":678,"width":1,"height":2}},{"id":"dc77f6bc-fa54-45ea-abf5-cbaa8771bdd1","block_type":"box","text":"s target market please refer to","page_number":3,"box":{"x":299,"y":678,"width":181,"height":8}},{"id":"add0a239-b9c9-44c1-be9c-595415c4fcf9","block_type":"box","text":"the Prospectus.","page_number":3,"box":{"x":62,"y":688,"width":96,"height":9}},{"id":"7c4b4bf3-719e-48b8-8a1b-9c52eb7cacd6","block_type":"box","text":"The risk indicator is based on the historic volatility of the Net Asset","page_number":3,"box":{"x":62,"y":701,"width":401,"height":9}},{"id":"38aec1bb-ecb8-4fff-af38-702039b79664","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":711,"width":394,"height":9}},{"id":"06a5cdfd-5c5c-4554-a1c1-f31cbc21717a","block_type":"box","text":"reliable indication of the future risk profile of the Share Class. The risk","page_number":3,"box":{"x":63,"y":722,"width":422,"height":9}},{"id":"995059e7-9d26-45b9-94f5-634956c4aaf4","block_type":"box","text":"and reward category shown above is not guaranteed to remain","page_number":3,"box":{"x":63,"y":733,"width":378,"height":8}},{"id":"271ddc7a-df1a-458b-885c-09768ccb9709","block_type":"box","text":"unchanged and may change over time. A Share Class with the lowest","page_number":3,"box":{"x":63,"y":743,"width":420,"height":9}},{"id":"d2fe2e50-ea2c-40ce-a81d-240fd6106039","block_type":"box","text":"risk rating does not mean a risk","page_number":3,"box":{"x":63,"y":754,"width":192,"height":8}},{"id":"f0f5ba10-7eeb-4374-9dc7-1062c07fa04f","block_type":"box","text":"-","page_number":3,"box":{"x":256,"y":758,"width":3,"height":0}},{"id":"df5f9d00-dceb-483f-8e3f-2beed6f0126a","block_type":"box","text":"free investment. See Key Investor","page_number":3,"box":{"x":261,"y":754,"width":201,"height":8}},{"id":"5e6f3a41-0ee2-44b8-82af-7e48e24e8759","block_type":"box","text":"Information Document (KIID) for details.","page_number":3,"box":{"x":63,"y":764,"width":239,"height":9}},{"id":"cdf1d160-aa40-42c6-a03c-95a2a28563d6","block_type":"box","text":"Source: J.P.Morgan Asset Management. Share class performance","page_number":3,"box":{"x":63,"y":798,"width":396,"height":9}},{"id":"70463cb1-b7b4-417c-a1ee-93d0a7a5ac45","block_type":"box","text":"shown is based on the quoted price of the share class, assumes any","page_number":3,"box":{"x":63,"y":809,"width":420,"height":8}},{"id":"a5734457-332d-48c8-859d-e7cf5ec2a1cd","block_type":"box","text":"net income was reinvested, and includes ongoing charges but not","page_number":3,"box":{"x":63,"y":819,"width":405,"height":9}},{"id":"787b5c51-b7ef-402f-8aaa-5ddfd914d9a6","block_type":"box","text":"any entry or exit fees.","page_number":3,"box":{"x":63,"y":830,"width":127,"height":8}},{"id":"891c2967-c5dd-4328-beb4-8fb24aaa7b31","block_type":"box","text":"Indices do not include fees or operating expenses and you cannot","page_number":3,"box":{"x":63,"y":842,"width":403,"height":9}},{"id":"0320cbb5-14cf-4834-9852-4bbf98300379","block_type":"box","text":"invest in them.","page_number":3,"box":{"x":63,"y":853,"width":89,"height":7}},{"id":"80bc2072-81dc-4417-ad87-a9a686f6a364","block_type":"box","text":"The Yield reflects net distributions declared over the past 12 months","page_number":3,"box":{"x":62,"y":865,"width":412,"height":9}},{"id":"bb3d98ea-06b3-402f-981d-2d5eddc565d7","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":876,"width":399,"height":9}},{"id":"202d4480-669e-4d7c-9709-3b494b963446","block_type":"box","text":"include the Entry charge and investors may be subject to tax on their","page_number":3,"box":{"x":63,"y":887,"width":419,"height":8}},{"id":"a696cfc9-f658-4497-b4ef-7cc120795fd1","block_type":"box","text":"distributions. Where a portion of the fund","page_number":3,"box":{"x":63,"y":897,"width":249,"height":9}},{"id":"4767df5d-4281-413e-aa3f-9f045d156fbc","block_type":"box","text":"’","page_number":3,"box":{"x":314,"y":897,"width":1,"height":2}},{"id":"03f4af70-b2d3-4a29-96aa-c3ab7126bc64","block_type":"box","text":"s expenses are charged to","page_number":3,"box":{"x":316,"y":897,"width":161,"height":9}},{"id":"38df6c49-9e20-487f-ad1d-12cbcb387b20","block_type":"box","text":"capital this has the effect of increasing the distribution for the year","page_number":3,"box":{"x":63,"y":908,"width":408,"height":9}},{"id":"c0e060c8-2e7a-4ead-b38f-1dc3642116b4","block_type":"box","text":"The Fund is subject to","page_number":3,"box":{"x":74,"y":98,"width":135,"height":9}},{"id":"212c0074-f896-4c69-9059-2b31104fa362","block_type":"box","text":"Investment risks","page_number":3,"box":{"x":214,"y":98,"width":104,"height":7}},{"id":"f3541b47-89e2-489e-92cc-6630f9a915ee","block_type":"box","text":"and","page_number":3,"box":{"x":322,"y":98,"width":23,"height":7}},{"id":"abff061c-846f-41d1-9d0c-9d42d9f58e8e","block_type":"box","text":"Other","page_number":3,"box":{"x":349,"y":98,"width":37,"height":7}},{"id":"89f772fa-dfe8-453b-a1fa-ab9b75fea63b","block_type":"box","text":"associated risks","page_number":3,"box":{"x":74,"y":109,"width":102,"height":7}},{"id":"de5a1272-e33b-4c42-9516-3bbd2d2765a5","block_type":"box","text":"from the techniques and securities it uses","page_number":3,"box":{"x":180,"y":109,"width":262,"height":8}},{"id":"bb340da6-7a58-44cb-b984-f3e5c495271c","block_type":"box","text":"to seek to achieve its objective.","page_number":3,"box":{"x":74,"y":119,"width":187,"height":9}},{"id":"2a02685c-3438-4060-a2e3-af0caf6e5d0d","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":"342e2e6c-7aa8-4fb1-89b7-19e7a4c5b0d3","block_type":"box","text":"and the","page_number":3,"box":{"x":75,"y":140,"width":46,"height":7}},{"id":"961a3773-a89c-4bb5-8199-e1c8f17785cc","block_type":"box","text":"Outcomes to the Shareholder","page_number":3,"box":{"x":125,"y":140,"width":188,"height":7}},{"id":"f7198fd3-e673-4dde-a086-7356d750854a","block_type":"box","text":"that could affect an","page_number":3,"box":{"x":316,"y":140,"width":120,"height":7}},{"id":"782f54b6-9d63-4905-94d1-4294aab8615b","block_type":"box","text":"investment in the Fund.","page_number":3,"box":{"x":75,"y":151,"width":146,"height":7}},{"id":"b397262a-4137-40d3-b25c-d181166845c9","block_type":"box","text":"Investors should also read","page_number":3,"box":{"x":75,"y":161,"width":159,"height":7}},{"id":"25e5c67c-0201-491c-8c1f-06549e9888e8","block_type":"box","text":"Risk Descriptions","page_number":3,"box":{"x":240,"y":161,"width":105,"height":9}},{"id":"b9c2bf43-2a02-4625-ae32-94c038b3ca88","block_type":"box","text":"in the","page_number":3,"box":{"x":350,"y":161,"width":34,"height":7}},{"id":"0e288ab7-e1b9-4859-a838-3f1951178532","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":"483b859a-89f7-42ba-86ff-694552406205","block_type":"box","text":"Key risks","page_number":3,"box":{"x":77,"y":85,"width":68,"height":11}},{"id":"28d3fd62-5874-4f02-a27a-9dae7a619657","block_type":"box","text":"Investment risks","page_number":3,"box":{"x":73,"y":205,"width":105,"height":7}},{"id":"73d3dd50-260c-485b-a26b-f057ce33d625","block_type":"box","text":"Risks from the Fund´s techniques and","page_number":3,"box":{"x":182,"y":205,"width":237,"height":8}},{"id":"06f4c1cb-4aac-44c4-9146-7e2bd7db68a4","block_type":"box","text":"securities.","page_number":3,"box":{"x":73,"y":215,"width":62,"height":7}},{"id":"4c91ea95-c9c0-4d13-ad2c-96786002efc4","block_type":"box","text":"Techniques","page_number":3,"box":{"x":73,"y":230,"width":75,"height":9}},{"id":"bec0aab6-745e-42c4-9044-e8fc5187bd35","block_type":"box","text":"Derivatives","page_number":3,"box":{"x":74,"y":241,"width":64,"height":7}},{"id":"56340c62-0a37-4db8-97c1-f30757929829","block_type":"box","text":"Hedging","page_number":3,"box":{"x":74,"y":251,"width":48,"height":9}},{"id":"eba38cf3-271e-428d-a923-c0c82e96cd61","block_type":"box","text":"Securities","page_number":3,"box":{"x":207,"y":230,"width":64,"height":7}},{"id":"fb22c59d-9955-4537-a8bc-1f38d2f2f0e9","block_type":"box","text":"China","page_number":3,"box":{"x":207,"y":241,"width":37,"height":7}},{"id":"4aa7cd4b-2893-4b9f-80bb-b481fad50b7c","block_type":"box","text":"Contingent","page_number":3,"box":{"x":207,"y":251,"width":70,"height":9}},{"id":"c14721e9-b535-4832-a49a-0433ef3b0b2a","block_type":"box","text":"convertible bonds","page_number":3,"box":{"x":207,"y":262,"width":109,"height":7}},{"id":"27f7b461-6bd9-4e17-8b71-bd3e00afc06f","block_type":"box","text":"Convertible","page_number":3,"box":{"x":207,"y":272,"width":68,"height":7}},{"id":"296115d7-9bf6-4977-84df-24b28ef8064c","block_type":"box","text":"securities","page_number":3,"box":{"x":207,"y":283,"width":61,"height":7}},{"id":"35751e9f-4f6d-43a4-8eb4-d2b7dd943672","block_type":"box","text":"Debt securities","page_number":3,"box":{"x":208,"y":293,"width":91,"height":7}},{"id":"d56b8c3f-4cd3-49f6-a55b-00eadae0802d","block_type":"box","text":"-","page_number":3,"box":{"x":209,"y":308,"width":4,"height":1}},{"id":"4f518f79-d877-4763-b1aa-7a5add4b963e","block_type":"box","text":"Government debt","page_number":3,"box":{"x":218,"y":304,"width":107,"height":7}},{"id":"2322e3ea-819c-445b-93e3-899b557343fc","block_type":"box","text":"-","page_number":3,"box":{"x":209,"y":319,"width":4,"height":0}},{"id":"481e263c-7334-46a6-9cc5-1cf84c728023","block_type":"box","text":"Investment grade","page_number":3,"box":{"x":219,"y":315,"width":106,"height":8}},{"id":"50a0d4c4-2e35-4cd0-bb22-39c38162ab33","block_type":"box","text":"debt","page_number":3,"box":{"x":218,"y":325,"width":26,"height":7}},{"id":"c00781de-2963-479d-82e9-a4b3efbbc7f5","block_type":"box","text":"-","page_number":3,"box":{"x":209,"y":340,"width":4,"height":0}},{"id":"87f4c410-7332-436f-8626-0489ba2498cf","block_type":"box","text":"Below investment","page_number":3,"box":{"x":219,"y":336,"width":107,"height":7}},{"id":"118dc5c9-466f-426a-a252-e54feefb2d9d","block_type":"box","text":"grade debt","page_number":3,"box":{"x":218,"y":346,"width":63,"height":9}},{"id":"8034ec74-7280-42f5-b956-3c83aa6722a0","block_type":"box","text":"-","page_number":3,"box":{"x":209,"y":361,"width":4,"height":0}},{"id":"e51845dd-fb5c-4f6a-b9ea-741d6af0958c","block_type":"box","text":"Unrated debt","page_number":3,"box":{"x":218,"y":357,"width":78,"height":7}},{"id":"cbf82fd1-e0f6-4bd7-a715-3374b04f48cc","block_type":"box","text":"Emerging markets","page_number":3,"box":{"x":344,"y":241,"width":110,"height":8}},{"id":"32672364-0468-4cb0-968a-de5daa07f4d3","block_type":"box","text":"Equities","page_number":3,"box":{"x":344,"y":251,"width":48,"height":9}},{"id":"2a0424c5-42bd-4483-8a55-79052477782f","block_type":"box","text":"Equity linked notes","page_number":3,"box":{"x":344,"y":262,"width":115,"height":8}},{"id":"819bde56-8038-4186-b13b-5b021c3b239d","block_type":"box","text":"MBS/ABS","page_number":3,"box":{"x":344,"y":272,"width":57,"height":7}},{"id":"244b3a54-4cde-4999-b0e2-8d5723db8236","block_type":"box","text":"REITs","page_number":3,"box":{"x":344,"y":283,"width":31,"height":7}},{"id":"6d76f36b-2a75-4fa8-8f1f-3e6ab7869891","block_type":"box","text":"Participation notes","page_number":3,"box":{"x":344,"y":293,"width":113,"height":9}},{"id":"a02f5fa4-916d-473e-b27e-486306c8c47f","block_type":"box","text":"Smaller companies","page_number":3,"box":{"x":343,"y":304,"width":116,"height":9}},{"id":"41b5be84-1e9b-41aa-99cf-8d81445e1518","block_type":"box","text":"UCITS, UCIs and ETFs","page_number":3,"box":{"x":344,"y":314,"width":125,"height":8}},{"id":"331919f4-587e-49f1-904a-5f764bd8de41","block_type":"box","text":"General Disclosures","page_number":3,"box":{"x":63,"y":516,"width":127,"height":7}},{"id":"1c76e727-c529-495c-b98a-3379fd6b8c3e","block_type":"box","text":"Performance information","page_number":3,"box":{"x":63,"y":782,"width":158,"height":7}},{"id":"b7f9830c-4255-421d-a68a-07d6243e17e1","block_type":"box","text":"▼","page_number":3,"box":{"x":266,"y":370,"width":15,"height":11}},{"id":"62725978-6858-4bcf-877e-22a1e41513b2","block_type":"box","text":"Other associated risks","page_number":3,"box":{"x":73,"y":387,"width":142,"height":7}},{"id":"8b14949f-0dbe-4632-ae3b-30cf34c22f5f","block_type":"box","text":"Further risks the Fund is exposed to from","page_number":3,"box":{"x":220,"y":387,"width":251,"height":9}},{"id":"51e2c382-47ee-4e42-9574-1eb54742ee99","block_type":"box","text":"its use of the techniques and securities above.","page_number":3,"box":{"x":73,"y":398,"width":286,"height":9}},{"id":"f045fd8a-8cbc-43f8-aa3d-a469ced40dab","block_type":"box","text":"Credit","page_number":3,"box":{"x":73,"y":413,"width":35,"height":7}},{"id":"ab2d9323-077f-4c03-8049-9b30961fb656","block_type":"box","text":"Interest rate","page_number":3,"box":{"x":207,"y":413,"width":73,"height":7}},{"id":"bc4ca044-015f-49b5-a507-cfc4abdd0065","block_type":"box","text":"Market","page_number":3,"box":{"x":344,"y":413,"width":40,"height":7}},{"id":"da4bac46-2ba2-49f6-bc9b-b0fc45dbb57b","block_type":"box","text":"▼","page_number":3,"box":{"x":266,"y":428,"width":15,"height":11}},{"id":"78dd93a2-766d-4beb-8de0-09563f97c0c4","block_type":"box","text":"Outcomes to the Shareholder","page_number":3,"box":{"x":73,"y":445,"width":187,"height":7}},{"id":"87bcdd8c-5ba3-4f9a-8412-987cf7940ba9","block_type":"box","text":"Potential impact of the risks above","page_number":3,"box":{"x":264,"y":445,"width":209,"height":9}},{"id":"3d38e2ef-0e2c-4c64-b86a-85726e693148","block_type":"box","text":"Loss","page_number":3,"box":{"x":73,"y":460,"width":29,"height":7}},{"id":"ea8c4ce1-9a6f-406b-9804-8a9660d2bd9f","block_type":"box","text":"Shareholders","page_number":3,"box":{"x":73,"y":471,"width":81,"height":7}},{"id":"a832e70d-a21c-470f-b019-f2ae60c9e31e","block_type":"box","text":"could lose some or","page_number":3,"box":{"x":73,"y":481,"width":114,"height":7}},{"id":"366e70ff-9c27-4f84-8a4a-1c4eb8bc421f","block_type":"box","text":"all of their money.","page_number":3,"box":{"x":73,"y":492,"width":106,"height":9}},{"id":"bcdae845-48ff-4661-ae18-35cfecf58cf4","block_type":"box","text":"Volatility","page_number":3,"box":{"x":206,"y":460,"width":52,"height":9}},{"id":"6ca1cb42-a757-479e-891d-36c592bd93ed","block_type":"box","text":"Shares of the","page_number":3,"box":{"x":206,"y":471,"width":81,"height":7}},{"id":"99a78052-ede8-4e9e-8107-af84b80ee890","block_type":"box","text":"Fund will fluctuate","page_number":3,"box":{"x":207,"y":481,"width":111,"height":7}},{"id":"5dd01034-1c21-4fc7-aab6-7384f64462fd","block_type":"box","text":"in value.","page_number":3,"box":{"x":207,"y":492,"width":48,"height":7}},{"id":"64392b07-7286-48ca-b762-bc4e5d280854","block_type":"box","text":"Failure to meet the","page_number":3,"box":{"x":344,"y":460,"width":115,"height":7}},{"id":"2bb647cc-9bf8-479d-bbf2-6847477a2bcd","block_type":"box","text":"Fund´s objective.","page_number":3,"box":{"x":344,"y":471,"width":108,"height":8}},{"id":"801637f1-df6f-498b-939b-a800df10b80e","block_type":"box","text":"and constraining the fund's capital performance to an equivalent","page_number":3,"box":{"x":506,"y":80,"width":399,"height":9}},{"id":"76d55287-b965-4b56-b2d2-ce97f64cfbab","block_type":"box","text":"extent.","page_number":3,"box":{"x":506,"y":91,"width":40,"height":7}},{"id":"faad3072-927d-454a-90b0-7eccd2e23384","block_type":"box","text":"*This exposure represents a number of individual equity linked notes","page_number":3,"box":{"x":506,"y":125,"width":418,"height":8}},{"id":"8bc1aa97-6787-4608-a5e3-9b8bf4c3e492","block_type":"box","text":"with various counterparties.Top 10 holdings exclude derivative","page_number":3,"box":{"x":505,"y":135,"width":375,"height":9}},{"id":"cba6c3e7-bcf9-4c3f-b328-61f4d5f9d7c0","block_type":"box","text":"instruments, cash and cash equivalents.","page_number":3,"box":{"x":506,"y":146,"width":252,"height":8}},{"id":"eac850e5-d2e6-4b23-990c-72e2fec312d0","block_type":"box","text":"Maturity Date refers to the maturity/reset date of the security. For","page_number":3,"box":{"x":506,"y":158,"width":396,"height":9}},{"id":"1345f6fd-5fc2-45a3-95b8-3451b349c302","block_type":"box","text":"those securities whose reference coupon rate is adjusted at least","page_number":3,"box":{"x":505,"y":169,"width":401,"height":9}},{"id":"54661c17-08fc-4e56-805d-0ce47f839202","block_type":"box","text":"every 397 days, the date of the next coupon rate adjustment is","page_number":3,"box":{"x":506,"y":179,"width":376,"height":9}},{"id":"d829beae-239a-4e17-9838-03d6cc092c37","block_type":"box","text":"shown.","page_number":3,"box":{"x":506,"y":190,"width":43,"height":7}},{"id":"e8cd50d0-1601-4741-b422-5089d3aa0d71","block_type":"box","text":"Va","page_number":3,"box":{"x":505,"y":203,"width":15,"height":7}},{"id":"6a506c45-b4e2-4e2b-b6a7-6bca612262a9","block_type":"box","text":"R is a means of measuring the potential loss to a Sub","page_number":3,"box":{"x":521,"y":203,"width":324,"height":8}},{"id":"3706f27c-4491-4829-afe0-48924fe9cd29","block_type":"box","text":"-","page_number":3,"box":{"x":846,"y":207,"width":4,"height":0}},{"id":"743f7193-273e-476c-8442-ce3bbcd1eff7","block_type":"box","text":"Fund due to","page_number":3,"box":{"x":853,"y":203,"width":73,"height":7}},{"id":"c2ecc7a9-afb1-4f8b-848b-d208e30ffea7","block_type":"box","text":"market risk and is expressed as themaximum potential loss at a 99%","page_number":3,"box":{"x":506,"y":213,"width":415,"height":9}},{"id":"67b86bd5-bed1-4a4e-81dc-618e0f6bccbc","block_type":"box","text":"confidence level. The holding period for the purpose of calculating","page_number":3,"box":{"x":506,"y":224,"width":400,"height":9}},{"id":"b40704e9-f4cc-4725-854c-c465c79617a4","block_type":"box","text":"global exposure is one month.","page_number":3,"box":{"x":506,"y":234,"width":182,"height":9}},{"id":"76190fe2-0e74-4d91-bba2-48aea4cb6c66","block_type":"box","text":"Fund information, including performance calculations and other","page_number":3,"box":{"x":506,"y":261,"width":395,"height":8}},{"id":"5629eba0-dffa-4f89-9d6e-a5798ea8b209","block_type":"box","text":"data, is provided by J.P. Morgan Asset Management (the marketing","page_number":3,"box":{"x":506,"y":271,"width":400,"height":9}},{"id":"0a1da0aa-3481-46e3-bc94-4bb6102aeb64","block_type":"box","text":"name for the asset management businesses of JPMorgan Chase &","page_number":3,"box":{"x":506,"y":282,"width":411,"height":9}},{"id":"06f70e40-2108-4624-a3bb-8c6a1b658eaa","block_type":"box","text":"Co and its affiliates worldwide).","page_number":3,"box":{"x":506,"y":292,"width":183,"height":9}},{"id":"35ea89ab-b011-48dd-8b31-43e44ff467d9","block_type":"box","text":"All data is as at the document date unless indicated otherwise.","page_number":3,"box":{"x":505,"y":303,"width":395,"height":7}},{"id":"b71169d0-a200-46d1-8d17-c08f1406e4ef","block_type":"box","text":"©","page_number":3,"box":{"x":506,"y":313,"width":9,"height":7}},{"id":"d3d0b32a-1754-40b3-b36a-a524aa1c58e3","block_type":"box","text":"2026 Morningstar. All Rights Reserved. The information contained","page_number":3,"box":{"x":519,"y":313,"width":399,"height":9}},{"id":"c976ac8b-285f-44ae-9293-9696081c0f5f","block_type":"box","text":"herein: (1) is proprietary to Morningstar; (2) may not be copied or","page_number":3,"box":{"x":506,"y":324,"width":383,"height":9}},{"id":"9455b6b9-5bb6-4da3-810e-0a57f7b3e73e","block_type":"box","text":"distributed; and (3) is not warranted to be accurate, complete or","page_number":3,"box":{"x":506,"y":335,"width":384,"height":8}},{"id":"3257816f-f771-4a62-98de-2eb803acb717","block_type":"box","text":"timely. Neither Morningstar nor its content providers are responsible","page_number":3,"box":{"x":505,"y":345,"width":414,"height":9}},{"id":"cacb2ea6-266b-4f29-a1da-347d1ae80150","block_type":"box","text":"for any damages or losses arising from any use of this information.","page_number":3,"box":{"x":505,"y":356,"width":407,"height":8}},{"id":"ddc7d59a-a54e-4d39-928d-ffbddcbfdd02","block_type":"box","text":"Benchmark Source: MSCI. Neither MSCI nor any other party involved","page_number":3,"box":{"x":506,"y":371,"width":407,"height":9}},{"id":"3b080164-790c-4d10-ac71-d6e194b362f8","block_type":"box","text":"in or related to compiling, computing or creating the MSCI data makes","page_number":3,"box":{"x":506,"y":382,"width":421,"height":9}},{"id":"0c7fa619-30de-4988-8145-bd33c968d0f7","block_type":"box","text":"any express or implied warranties or representations with respect to","page_number":3,"box":{"x":506,"y":393,"width":410,"height":8}},{"id":"98f26d24-a674-4eb1-8b65-8700d1b5f52a","block_type":"box","text":"such data (or the results to be obtained by the use thereof), and all","page_number":3,"box":{"x":506,"y":403,"width":406,"height":9}},{"id":"f43cf845-db93-413a-bf74-9907fe3aa9ce","block_type":"box","text":"such parties hereby expressly disclaim all warranties of originality,","page_number":3,"box":{"x":506,"y":414,"width":397,"height":9}},{"id":"1d9712a6-559f-4946-b826-5b0c11665b96","block_type":"box","text":"accuracy, completeness, merchantability or fitness for a particular","page_number":3,"box":{"x":506,"y":424,"width":404,"height":9}},{"id":"8b4a63ff-9d3b-49d0-a50f-f4a9651a013e","block_type":"box","text":"purpose with respect to any of such data. Without limiting any of the","page_number":3,"box":{"x":506,"y":435,"width":414,"height":9}},{"id":"0b92ef34-2766-4eab-8032-c564ce07eb45","block_type":"box","text":"foregoing, in no event shall MSCI, any of its affiliates or any third party","page_number":3,"box":{"x":505,"y":445,"width":420,"height":9}},{"id":"faa071db-bc9a-4752-9805-92820211071f","block_type":"box","text":"involved, in or related to compiling, computing, or creating the data","page_number":3,"box":{"x":506,"y":456,"width":402,"height":9}},{"id":"ae662d5c-8dd8-417b-8b7c-21493a70fe3e","block_type":"box","text":"have any liability for any direct, indirect, special, punitive,","page_number":3,"box":{"x":506,"y":467,"width":339,"height":8}},{"id":"891dd6fc-279a-464e-ade4-6635a68e8a89","block_type":"box","text":"consequential or any other damages (including lost profits) even if","page_number":3,"box":{"x":506,"y":477,"width":405,"height":9}},{"id":"4d0757ef-30c0-4262-aba7-ee4fe3aeacb8","block_type":"box","text":"notified of the possibility of such damages. No further distribution or","page_number":3,"box":{"x":506,"y":488,"width":414,"height":8}},{"id":"049c8eaf-e8e1-4cd1-bf0f-344ee96c2a1e","block_type":"box","text":"dissemination of the MSCI data is permitted without MSCI's express","page_number":3,"box":{"x":506,"y":498,"width":406,"height":9}},{"id":"e81bfdf8-10c5-4727-b196-c914cf9ab2cc","block_type":"box","text":"written consent.","page_number":3,"box":{"x":505,"y":509,"width":99,"height":7}},{"id":"6bb816b9-7bb7-4485-a835-4062a79577d2","block_type":"box","text":"Benchmark source: The Products are not sponsored, endorsed, sold","page_number":3,"box":{"x":506,"y":525,"width":415,"height":8}},{"id":"3180d056-8db3-488f-b61f-98d4bfacb352","block_type":"box","text":"or promoted by Bloomberg Barclays Capital, and Bloomberg Barclays","page_number":3,"box":{"x":506,"y":535,"width":411,"height":9}},{"id":"6cb89bf6-d1a9-4796-ab71-162d065c31c6","block_type":"box","text":"Capital makes no warranty, express or implied, as to the results to be","page_number":3,"box":{"x":506,"y":546,"width":414,"height":8}},{"id":"9339ca5d-c58d-4097-a8f6-e4e45472686d","block_type":"box","text":"obtained by any person or entity from the use of any index, any","page_number":3,"box":{"x":506,"y":556,"width":380,"height":9}},{"id":"4c78556c-778e-4b69-8984-cdb332535f8c","block_type":"box","text":"opening, intra","page_number":3,"box":{"x":506,"y":567,"width":84,"height":9}},{"id":"6e7db49f-0cc2-4b7a-8acf-7284aaea16ff","block_type":"box","text":"-","page_number":3,"box":{"x":591,"y":571,"width":4,"height":1}},{"id":"023cd2de-7882-4620-83cb-2bf80d1b7efd","block_type":"box","text":"day or closing value therefore, or any data included","page_number":3,"box":{"x":597,"y":567,"width":307,"height":9}},{"id":"e603f1cd-3265-4295-ae30-5ebfab419aa0","block_type":"box","text":"therein or relating thereto, in connection with any Fund or for any","page_number":3,"box":{"x":505,"y":577,"width":399,"height":9}},{"id":"5da1b6d3-1f33-4054-9340-25875ffda71b","block_type":"box","text":"other purpose. Bloomberg Barclays Capital","page_number":3,"box":{"x":506,"y":588,"width":256,"height":9}},{"id":"edd4b49e-8aab-4da4-80b1-1ef5a52f3c2b","block_type":"box","text":"’","page_number":3,"box":{"x":764,"y":588,"width":2,"height":2}},{"id":"68737bd4-0ff4-4f3b-9b96-6518b57c4b4e","block_type":"box","text":"s onlyrelationship to the","page_number":3,"box":{"x":767,"y":588,"width":147,"height":9}},{"id":"e3aa9003-ce8f-4b60-b363-a3f277e36a81","block_type":"box","text":"Licensee with respect to the Products is the licensing of certain","page_number":3,"box":{"x":506,"y":598,"width":388,"height":9}},{"id":"dbe0f336-5beb-43b1-a16c-4981ad4cfbec","block_type":"box","text":"trademarks and trade names of Bloomberg Barclays Capital and the","page_number":3,"box":{"x":505,"y":609,"width":412,"height":9}},{"id":"b99f9a2d-d6b9-46a0-a38c-6571f6d874a2","block_type":"box","text":"Bloomberg Barclays Capital indexes that are determined, composed","page_number":3,"box":{"x":506,"y":619,"width":409,"height":9}},{"id":"f526b772-7d32-4fc4-bf08-125371b69f99","block_type":"box","text":"and calculated by Bloomberg Barclays Capital without regard to","page_number":3,"box":{"x":506,"y":630,"width":381,"height":9}},{"id":"05534cdd-23a9-4d0e-a11f-6c8c63f947d1","block_type":"box","text":"Licensee or the Products.","page_number":3,"box":{"x":506,"y":641,"width":155,"height":7}},{"id":"57508afb-769b-4ec2-81fc-da3490fa1a11","block_type":"box","text":"JPMorgan Asset Management (UK) Limited Registered address: 25","page_number":3,"box":{"x":505,"y":667,"width":400,"height":9}},{"id":"42b004d9-ebab-49f5-9f97-424dd7d5949e","block_type":"box","text":"Bank Street, Canary Wharf, London E14 5JP, United Kingdom.","page_number":3,"box":{"x":506,"y":678,"width":364,"height":8}},{"id":"c21fb847-c411-4027-bd8c-74b3c93a815f","block_type":"box","text":"Authorised and regulated by the Financial Conduct Authority.","page_number":3,"box":{"x":505,"y":688,"width":373,"height":9}},{"id":"36f813d4-26f2-4699-94c4-169f8a12dc1c","block_type":"box","text":"Registered in England No. 01161446.","page_number":3,"box":{"x":506,"y":699,"width":213,"height":9}},{"id":"c2caec1b-23d1-438b-8194-43548fe5b693","block_type":"box","text":"NAV","page_number":3,"box":{"x":506,"y":742,"width":27,"height":7}},{"id":"cb17a1be-1d14-4db0-9a02-4f905885ed46","block_type":"box","text":"Net Asset Value of a fund","page_number":3,"box":{"x":538,"y":742,"width":151,"height":7}},{"id":"81edd1e7-7b6a-408c-a192-0581211b59c8","block_type":"box","text":"’","page_number":3,"box":{"x":691,"y":742,"width":1,"height":2}},{"id":"19404874-457d-435b-b1f7-34ffa40b74c0","block_type":"box","text":"s assets less its liabilities per Share.","page_number":3,"box":{"x":694,"y":742,"width":217,"height":9}},{"id":"9fe624ab-1622-4838-b047-5ec9c3485d52","block_type":"box","text":"Quoted Price","page_number":3,"box":{"x":506,"y":752,"width":82,"height":8}},{"id":"d9ae4f50-1c55-4009-be90-418a9eefcea2","block_type":"box","text":"The single price at which all client orders are executed.","page_number":3,"box":{"x":592,"y":753,"width":330,"height":8}},{"id":"2ad308f7-43e4-40ec-a4a7-c49758b6e966","block_type":"box","text":"Morningstar Medalist Rating™","page_number":3,"box":{"x":506,"y":763,"width":189,"height":9}},{"id":"3aa65168-f8e1-4331-bb23-440b34bc9b4b","block_type":"box","text":"is the summary expression of","page_number":3,"box":{"x":700,"y":763,"width":180,"height":9}},{"id":"867ebc60-4d8d-4af8-8c4a-773c00e4ff7c","block_type":"box","text":"Morningstar","page_number":3,"box":{"x":506,"y":774,"width":74,"height":8}},{"id":"f3ede331-377b-4c4e-a33c-b5fe865f9ae4","block_type":"box","text":"’","page_number":3,"box":{"x":581,"y":774,"width":1,"height":2}},{"id":"c9db35df-cc51-4ce3-af14-df70ac94a544","block_type":"box","text":"s forward","page_number":3,"box":{"x":583,"y":774,"width":54,"height":7}},{"id":"abada6f8-968f-436e-b339-e29bf885abe0","block_type":"box","text":"-","page_number":3,"box":{"x":639,"y":778,"width":4,"height":0}},{"id":"f642ae08-0e67-43c8-bcd8-0317dfa7945f","block_type":"box","text":"looking analysis of investment strategies as","page_number":3,"box":{"x":645,"y":774,"width":267,"height":8}},{"id":"6cf5baee-2708-420b-9683-de04f6f7df4b","block_type":"box","text":"offered via specific vehicles using a rating scale of Gold, Silver,","page_number":3,"box":{"x":506,"y":784,"width":376,"height":9}},{"id":"b156a32b-33b9-4ba1-94be-558de797dd35","block_type":"box","text":"Bronze, Neutral, and Negative.","page_number":3,"box":{"x":506,"y":795,"width":180,"height":9}},{"id":"d5b704fa-bc6d-463a-9176-c885b0d9612f","block_type":"box","text":"Analyst","page_number":3,"box":{"x":505,"y":805,"width":47,"height":9}},{"id":"d6421771-a03a-41c6-bc7c-3ba15e6648f7","block_type":"box","text":"-","page_number":3,"box":{"x":554,"y":809,"width":4,"height":1}},{"id":"2d5160c1-15f9-4f9e-a62e-a1e6e279ef60","block_type":"box","text":"Driven %","page_number":3,"box":{"x":560,"y":805,"width":53,"height":7}},{"id":"750a7d4a-3613-40b1-999b-9b9982182846","block_type":"box","text":"Displays the percentage of Analyst","page_number":3,"box":{"x":618,"y":805,"width":209,"height":9}},{"id":"c42fbf9f-2d91-4314-af65-d8a15b7f9106","block_type":"box","text":"’","page_number":3,"box":{"x":829,"y":805,"width":1,"height":3}},{"id":"8a3a5ee8-b0e2-4a09-9192-3a943a5c0923","block_type":"box","text":"s input into the","page_number":3,"box":{"x":831,"y":805,"width":93,"height":9}},{"id":"fd80f2aa-51a9-41cf-b139-540f9cabcf74","block_type":"box","text":"overall rating assignment, including direct analyst coverage and","page_number":3,"box":{"x":506,"y":816,"width":388,"height":9}},{"id":"808d2e53-2b17-45a0-b004-7df45fce4493","block_type":"box","text":"inheritance of an analyst","page_number":3,"box":{"x":506,"y":826,"width":152,"height":9}},{"id":"9e7eb6be-5bb9-4268-b1cb-9f750437271f","block_type":"box","text":"-","page_number":3,"box":{"x":660,"y":830,"width":4,"height":1}},{"id":"c6b5982e-133e-48f6-97f3-a72836e620a5","block_type":"box","text":"rated pillar.","page_number":3,"box":{"x":666,"y":826,"width":64,"height":9}},{"id":"41ebc407-cbfa-44f0-8308-33e30e9618e5","block_type":"box","text":"Data Coverage %","page_number":3,"box":{"x":506,"y":837,"width":104,"height":9}},{"id":"a3039597-af61-4702-a8d5-4cf0cc1ef3d4","block_type":"box","text":"Displays the percentage of available input data for","page_number":3,"box":{"x":615,"y":837,"width":302,"height":9}},{"id":"239c77cf-5ba9-40bd-9327-ef67f25acad1","block_type":"box","text":"rating calculation at the Pillar level.","page_number":3,"box":{"x":506,"y":848,"width":209,"height":8}},{"id":"0b02c31c-222b-47cd-bb23-c744853091b0","block_type":"box","text":"FE Crown rating","page_number":3,"box":{"x":506,"y":858,"width":101,"height":9}},{"id":"817bb9ac-4499-4b2f-8f5e-274d7f1b3c0e","block_type":"box","text":"are quantitative ratings ranging from one to five","page_number":3,"box":{"x":612,"y":858,"width":289,"height":9}},{"id":"16fb19cc-3120-49e7-9869-ca7cfd8b0cd6","block_type":"box","text":"designed to help investors identify funds which have displayed","page_number":3,"box":{"x":506,"y":869,"width":380,"height":8}},{"id":"dbdd7a63-4b4d-4c01-937d-db7cff919f5c","block_type":"box","text":"superior performance in terms of stockpicking, consistency and risk","page_number":3,"box":{"x":506,"y":879,"width":417,"height":9}},{"id":"5008435f-7f5c-4fca-bfc5-75e0d3e687d2","block_type":"box","text":"control.","page_number":3,"box":{"x":506,"y":890,"width":45,"height":7}},{"id":"7ca6ce54-980e-4157-9497-122f46fdb247","block_type":"box","text":"FE Crown Fund Ratings are however purely quantitative and","page_number":3,"box":{"x":506,"y":911,"width":361,"height":9}},{"id":"b6061381-fe5c-4b64-8997-4c86b9873616","block_type":"box","text":"Holdings information","page_number":3,"box":{"x":506,"y":109,"width":131,"height":8}},{"id":"b5c5fe57-ebe0-4746-8ed8-6c7ebdc7f33e","block_type":"box","text":"Information Sources","page_number":3,"box":{"x":506,"y":247,"width":128,"height":7}},{"id":"93113461-51f7-46bd-9ea2-927dd541852d","block_type":"box","text":"Issuer","page_number":3,"box":{"x":506,"y":653,"width":39,"height":7}},{"id":"63480b4f-3233-4097-8a56-b872491b0103","block_type":"box","text":"Definitions","page_number":3,"box":{"x":506,"y":728,"width":66,"height":7}},{"id":"dba7982e-41d4-4628-ba6e-cc59afdca988","block_type":"box","text":"Page 3 of 4 | Factsheet","page_number":3,"box":{"x":53,"y":45,"width":129,"height":7}},{"id":"c555fae5-8a9a-4467-a95b-3482be536eb3","block_type":"box","text":"| 30 September 2026","page_number":3,"box":{"x":186,"y":45,"width":107,"height":7}},{"id":"86b5ea7d-55f4-4789-9391-1e7e3e11f35a","block_type":"box","text":"Class: JPM Multi","page_number":3,"box":{"x":638,"y":45,"width":88,"height":6}},{"id":"817c99c4-310e-4206-b7af-ccc45aa97b1a","block_type":"box","text":"-","page_number":3,"box":{"x":727,"y":48,"width":3,"height":1}},{"id":"75f50671-c0d2-4570-aa0e-5856e1f52b5f","block_type":"box","text":"Asset Income Fund B","page_number":3,"box":{"x":731,"y":45,"width":112,"height":6}},{"id":"a87a5466-1ce2-443e-833c-dba89017bc63","block_type":"box","text":"-","page_number":3,"box":{"x":847,"y":48,"width":3,"height":1}},{"id":"09ead2af-afc2-4dfa-8a2b-48b39287a7b6","block_type":"box","text":"Net Accumulation","page_number":3,"box":{"x":855,"y":45,"width":96,"height":6}},{"id":"eeea5002-727b-4d6f-9eac-4cc3c2b74a99","block_type":"box","text":"Page 4 of 4 | Factsheet","page_number":4,"box":{"x":53,"y":45,"width":130,"height":7}},{"id":"778422f0-b0d4-4f57-a28c-723b308a50f8","block_type":"box","text":"| 30 September 2026","page_number":4,"box":{"x":188,"y":45,"width":107,"height":7}},{"id":"dd3b6ccd-ff14-4a20-8513-8a26566ef139","block_type":"box","text":"Class: JPM Multi","page_number":4,"box":{"x":638,"y":45,"width":88,"height":6}},{"id":"30ffaede-a4e8-4b18-938c-e0eb8080ed77","block_type":"box","text":"-","page_number":4,"box":{"x":727,"y":48,"width":3,"height":1}},{"id":"15fee39a-ecc0-4761-8a61-56be9bfb5647","block_type":"box","text":"Asset Income Fund B","page_number":4,"box":{"x":731,"y":45,"width":112,"height":6}},{"id":"153d17c1-28af-4882-a0e5-1570653ffeed","block_type":"box","text":"-","page_number":4,"box":{"x":847,"y":48,"width":3,"height":1}},{"id":"e82f5897-1522-4cd2-a7fe-054817d22d47","block_type":"box","text":"Net Accumulation","page_number":4,"box":{"x":855,"y":45,"width":96,"height":6}},{"id":"f7e4a33f-fbbe-4065-af78-dab465c8e7a5","block_type":"box","text":"backward looking, and, as such, cannot offer any certainty about the","page_number":4,"box":{"x":63,"y":82,"width":418,"height":9}},{"id":"cd824fb8-35ee-45f1-8afe-8b4a608bd0e4","block_type":"box","text":"future.","page_number":4,"box":{"x":62,"y":93,"width":41,"height":7}},{"id":"1e0603ff-9aaf-40f4-a435-83531e05d985","block_type":"box","text":"FE Trustnet crown rating as at 30 Sep 2026.","page_number":4,"box":{"x":63,"y":114,"width":262,"height":9}},{"id":"75d8c2ee-f611-49c9-9ff1-13897ead3a48","block_type":"box","text":"Rayner Spencer Mills rated fund","page_number":4,"box":{"x":63,"y":124,"width":205,"height":9}},{"id":"c3265e53-743d-46b6-9afc-3ede7f118757","block_type":"box","text":"rating as at 30 Sep 2026.","page_number":4,"box":{"x":274,"y":124,"width":149,"height":9}},{"id":"6ac60e8d-2978-45f1-8488-8b22a50d20be","block_type":"box","text":"Uses both a qualitative and quantitative assessment of the funds.","page_number":4,"box":{"x":63,"y":146,"width":403,"height":8}},{"id":"c0365c31-ecbb-457a-9c85-c4bb97999299","block_type":"box","text":"The fund is simply rated or not.","page_number":4,"box":{"x":62,"y":156,"width":186,"height":9}},{"id":"951bbb49-82da-4b1f-a403-9b750d9f32ea","block_type":"box","text":"Square Mile Research rating","page_number":4,"box":{"x":63,"y":167,"width":180,"height":9}},{"id":"2e992167-bd6e-4059-8ff2-78515bd4f979","block_type":"box","text":"as at 30 Sep 2026.","page_number":4,"box":{"x":248,"y":167,"width":110,"height":8}},{"id":"d814142b-16d2-463b-bc7e-abeb9044dfd8","block_type":"box","text":"A Square Mile Fund Rating denotes a fund that is truly","page_number":4,"box":{"x":62,"y":188,"width":328,"height":9}},{"id":"bfc5e929-5a0b-4f76-ba13-5ec9eea74249","block_type":"box","text":"“","page_number":4,"box":{"x":395,"y":188,"width":3,"height":2}},{"id":"99e524d5-0775-45a0-8ef7-88c120581e83","block_type":"box","text":"best in class","page_number":4,"box":{"x":399,"y":188,"width":76,"height":7}},{"id":"d3a9136c-51a5-41c1-ac11-6784e4574195","block_type":"box","text":"”","page_number":4,"box":{"x":477,"y":188,"width":4,"height":2}},{"id":"843b25a6-50b9-473f-aff8-1662b4c840f7","block_type":"box","text":".","page_number":4,"box":{"x":483,"y":194,"width":1,"height":1}},{"id":"2dcd223c-9571-4f27-b89e-9d70e0c625ae","block_type":"box","text":"Put simply, a Square Mile Fund Rating is only given to a fund that we","page_number":4,"box":{"x":63,"y":198,"width":411,"height":9}},{"id":"b99c1bbb-d2f2-442d-9121-44297bf717e2","block_type":"box","text":"are prepared to recommend to our clients. Fund managers do not pay","page_number":4,"box":{"x":63,"y":209,"width":422,"height":9}},{"id":"267ebae6-d8d5-4d8b-8c95-b40ff05db661","block_type":"box","text":"for our ratings; they cannot be purchased and are only achieved by","page_number":4,"box":{"x":62,"y":220,"width":408,"height":8}},{"id":"716d5688-68bf-4ade-a7f1-ec27b4bcbcd2","block_type":"box","text":"the","page_number":4,"box":{"x":62,"y":230,"width":20,"height":7}},{"id":"34232202-e6fe-4ebf-b485-995ec2661ff4","block_type":"box","text":"“","page_number":4,"box":{"x":87,"y":230,"width":3,"height":2}},{"id":"55f1fcba-28b3-4250-9ade-7f5b67d1d994","block_type":"box","text":"best","page_number":4,"box":{"x":92,"y":230,"width":25,"height":7}},{"id":"6b464634-8bda-4d3e-9bba-6a4b0f256ae9","block_type":"box","text":"-","page_number":4,"box":{"x":118,"y":234,"width":4,"height":1}},{"id":"1c3fbb43-21cf-414b-a602-4ccc073a0267","block_type":"box","text":"in","page_number":4,"box":{"x":124,"y":230,"width":10,"height":7}},{"id":"6cd4f630-866d-4c97-af4d-9c33891db44c","block_type":"box","text":"-","page_number":4,"box":{"x":136,"y":234,"width":4,"height":1}},{"id":"20440f1b-6287-4b11-aa59-5fb35809c5aa","block_type":"box","text":"class","page_number":4,"box":{"x":142,"y":230,"width":31,"height":7}},{"id":"532ef30e-5061-4a3e-a02e-9f4bac18c6f0","block_type":"box","text":"”","page_number":4,"box":{"x":175,"y":230,"width":4,"height":2}},{"id":"56c564ca-1fbb-4cc3-9a65-88d4bac0c263","block_type":"box","text":"funds.","page_number":4,"box":{"x":183,"y":230,"width":39,"height":7}},{"id":"e41e609b-00d7-4d14-8e35-899b1e651f9f","block_type":"box","text":"The funds we recommend are each assigned a rating","page_number":4,"box":{"x":62,"y":251,"width":325,"height":9}},{"id":"7b942313-dfc3-4b58-8cbc-c82202ccca09","block_type":"box","text":"–","page_number":4,"box":{"x":391,"y":255,"width":6,"height":1}},{"id":"51558a69-34bf-40ae-8d8e-c802960b86e5","block_type":"box","text":"A, AA, AAA or R","page_number":4,"box":{"x":401,"y":251,"width":83,"height":8}},{"id":"d279b0af-e2c7-4b95-8e59-d0cef7b55145","block_type":"box","text":"–","page_number":4,"box":{"x":63,"y":266,"width":6,"height":0}},{"id":"de6f867a-b4d5-41b4-b6aa-184bc47e8706","block_type":"box","text":"reflecting Square Mile","page_number":4,"box":{"x":74,"y":262,"width":130,"height":9}},{"id":"f4770f2e-a997-445b-a28e-1d6aab3328ae","block_type":"box","text":"’","page_number":4,"box":{"x":205,"y":262,"width":1,"height":2}},{"id":"2744304b-3614-4a2a-9571-00d6b27d1711","block_type":"box","text":"s conviction in each fund","page_number":4,"box":{"x":207,"y":262,"width":155,"height":7}},{"id":"74b71af4-59c1-4e7e-82e8-355b60f86a2e","block_type":"box","text":"’","page_number":4,"box":{"x":365,"y":262,"width":1,"height":2}},{"id":"d52407d6-84b8-42c9-b46e-28f4b7b30bb3","block_type":"box","text":"s ability to deliver","page_number":4,"box":{"x":367,"y":262,"width":101,"height":8}},{"id":"69f2f8c1-38a5-442c-8f34-f1e84c40d6b4","block_type":"box","text":"on expectations. These simple ratings are the result of exhaustive","page_number":4,"box":{"x":63,"y":272,"width":400,"height":9}},{"id":"51c714cb-5f87-4f95-a6c2-7e64c19ba2b0","block_type":"box","text":"and detailed qualitative research, backed up by quantitative analysis.","page_number":4,"box":{"x":63,"y":283,"width":416,"height":9}},{"id":"65c4e4ec-e648-4274-9b81-4e49ac00ec8b","block_type":"box","text":"“","page_number":4,"box":{"x":63,"y":293,"width":3,"height":3}},{"id":"c3ab7560-b793-437d-b475-8db29bb99c66","block_type":"box","text":"AAA","page_number":4,"box":{"x":67,"y":293,"width":22,"height":7}},{"id":"ac8c2cb1-6780-4dbb-9acf-5b5ee2b6da3f","block_type":"box","text":"”","page_number":4,"box":{"x":90,"y":293,"width":4,"height":3}},{"id":"4b47ba89-e255-42fe-92bf-4262f03d496f","block_type":"box","text":"represents the very highest level of conviction in a fund and its","page_number":4,"box":{"x":99,"y":293,"width":382,"height":9}},{"id":"aa5b1b3f-cacf-4fc9-914a-e40522320631","block_type":"box","text":"manager, and is a practical demonstration of our belief in the long","page_number":4,"box":{"x":63,"y":304,"width":400,"height":9}},{"id":"094eedab-b011-45d2-8bbd-48c4af1aebf5","block_type":"box","text":"term consistent delivery of the fund","page_number":4,"box":{"x":62,"y":315,"width":217,"height":8}},{"id":"5a133d16-57b3-4a88-a8d7-2fcd45c4538c","block_type":"box","text":"’","page_number":4,"box":{"x":281,"y":315,"width":1,"height":2}},{"id":"729e792c-4043-4e58-9c42-559362a02820","block_type":"box","text":"s objectives.","page_number":4,"box":{"x":284,"y":315,"width":73,"height":8}},{"id":"d634d92e-505b-4934-b05c-60b7d977e13a","block_type":"box","text":"Our team of investment research analysts also works to identify","page_number":4,"box":{"x":63,"y":336,"width":387,"height":8}},{"id":"f15dde78-94cf-4d2c-9940-d6a420e4142d","block_type":"box","text":"newer or untested funds or managers that have real potential to","page_number":4,"box":{"x":63,"y":346,"width":390,"height":9}},{"id":"23a4b9e0-f74d-4226-920d-69875392ee98","block_type":"box","text":"deliver their stated objectives. In these circumstances, we are not in","page_number":4,"box":{"x":63,"y":357,"width":412,"height":8}},{"id":"e4249980-028b-4df0-837f-29d75c3365d4","block_type":"box","text":"a position to award a full fund rating, and therefore these funds are","page_number":4,"box":{"x":63,"y":367,"width":408,"height":9}},{"id":"2d40b147-d1c9-489c-b53c-ddfa72ab0a51","block_type":"box","text":"assigned a","page_number":4,"box":{"x":506,"y":82,"width":66,"height":8}},{"id":"46d1decc-cdb6-4846-a5d4-929feee24398","block_type":"box","text":"“","page_number":4,"box":{"x":576,"y":82,"width":3,"height":2}},{"id":"717543ed-7308-4e39-8cc6-5afa01c01da9","block_type":"box","text":"Positive Prospects","page_number":4,"box":{"x":581,"y":82,"width":109,"height":8}},{"id":"2df91e68-ab9d-490c-b735-9531dde89fb3","block_type":"box","text":"”","page_number":4,"box":{"x":691,"y":82,"width":4,"height":2}},{"id":"a62cd0b5-bb47-4be2-be19-54a51d1bf138","block_type":"box","text":"rating. Over time, if these managers","page_number":4,"box":{"x":701,"y":81,"width":214,"height":9}},{"id":"a869827e-46fe-449e-851d-5fd2d0e933fd","block_type":"box","text":"deliver to our expectations and achieve their expected outcome, we","page_number":4,"box":{"x":506,"y":92,"width":407,"height":9}},{"id":"ce6216d3-4bad-4a52-a190-7ae3b6b0c75a","block_type":"box","text":"would expect them to progress to A, AA, AAA or R ratings. Not widely","page_number":4,"box":{"x":505,"y":103,"width":400,"height":8}},{"id":"e3ace7aa-19e3-4012-9d2d-4897537afe92","block_type":"box","text":"used.","page_number":4,"box":{"x":506,"y":113,"width":33,"height":7}},{"id":"db428bda-1188-4b23-9fc2-d60286ec8eba","block_type":"box","text":"DT risk profile","page_number":4,"box":{"x":506,"y":124,"width":85,"height":8}},{"id":"84dac2e5-23ac-4eac-bc22-8a613d5e60dd","block_type":"box","text":"as at 30 Sep 2026.","page_number":4,"box":{"x":595,"y":124,"width":111,"height":8}},{"id":"82c3df41-9dfa-41b2-a295-d1baf45ba9a7","block_type":"box","text":"DT risk","page_number":4,"box":{"x":506,"y":145,"width":40,"height":7}},{"id":"a5389456-9dec-48bb-a4d5-03299f388cfd","block_type":"box","text":"-","page_number":4,"box":{"x":546,"y":149,"width":4,"height":1}},{"id":"5bf2ff76-7c16-4aa0-8669-fdf15ba59ac6","block_type":"box","text":"profile ratings range from 1 to 10, with 1 being the least volatile","page_number":4,"box":{"x":553,"y":145,"width":368,"height":9}},{"id":"524a0c5e-14e2-4255-9510-5d91be248a46","block_type":"box","text":"fund and 10 the most.","page_number":4,"box":{"x":505,"y":155,"width":134,"height":7}},{"id":"9806cc10-9a7c-4965-a5d0-6ededd40b5b5","block_type":"box","text":"Correlation","page_number":4,"box":{"x":506,"y":166,"width":68,"height":7}},{"id":"9b37fb74-0862-4dfb-a36d-cea1986111df","block_type":"box","text":"measures the strength and direction of the relationship","page_number":4,"box":{"x":580,"y":166,"width":340,"height":9}},{"id":"0e9adda9-f949-476a-99eb-a5e1e795529d","block_type":"box","text":"between movements in fund and benchmark returns. A correlation","page_number":4,"box":{"x":506,"y":177,"width":407,"height":6}},{"id":"5093c30e-35ac-491d-bdd0-6ab8629bf6a7","block_type":"box","text":"of 1.00 indicates that fund and benchmark returns move in lockstep","page_number":4,"box":{"x":506,"y":187,"width":417,"height":9}},{"id":"a5ac0eff-f2a7-4b6f-b73a-9a1f8936219c","block_type":"box","text":"in the same direction.","page_number":4,"box":{"x":506,"y":198,"width":131,"height":7}},{"id":"c4d4c68f-5b4f-4966-9bf3-d22abd22bc44","block_type":"box","text":"Beta","page_number":4,"box":{"x":506,"y":208,"width":27,"height":7}},{"id":"62e42a9d-4784-451e-91dc-e75080e49b3d","block_type":"box","text":"measures a fund","page_number":4,"box":{"x":538,"y":208,"width":103,"height":7}},{"id":"9673cf4e-5a7c-4ff7-8dc1-aa5d1df0b7d4","block_type":"box","text":"’","page_number":4,"box":{"x":643,"y":208,"width":2,"height":2}},{"id":"5d6fc08f-f16c-480b-b8a3-034d4d3f26e8","block_type":"box","text":"s sensitivity to market movements (as","page_number":4,"box":{"x":646,"y":208,"width":230,"height":9}},{"id":"19c50095-3431-43b9-8c0c-3c14a1be1830","block_type":"box","text":"represented by the fund","page_number":4,"box":{"x":506,"y":219,"width":146,"height":8}},{"id":"0b532be1-8599-4edc-b29c-8b921683d7ff","block_type":"box","text":"’","page_number":4,"box":{"x":654,"y":219,"width":1,"height":2}},{"id":"170da40e-8116-4a7a-9d11-e1e147af25b6","block_type":"box","text":"s benchmark). A beta of 1.10 suggests the","page_number":4,"box":{"x":656,"y":219,"width":253,"height":9}},{"id":"1fc0fcdd-4957-43b6-a082-136dd43caf16","block_type":"box","text":"fund could perform 10% better than the benchmark in up markets","page_number":4,"box":{"x":505,"y":229,"width":403,"height":9}},{"id":"c4720aa7-4b61-42ed-b564-ea492996057c","block_type":"box","text":"and 10% worse in down markets, assuming all other factors remain","page_number":4,"box":{"x":506,"y":240,"width":406,"height":9}},{"id":"b70be2db-57c6-4468-82a3-a40268ccc4de","block_type":"box","text":"constant. Usually the higher betas represent riskier investments.","page_number":4,"box":{"x":506,"y":250,"width":397,"height":9}},{"id":"8fd04de8-f70f-4d25-ac5e-f4d986a88a56","block_type":"box","text":"Annualised volatility (%)","page_number":4,"box":{"x":505,"y":261,"width":148,"height":9}},{"id":"bba193fe-4fd4-4c3b-ad7e-ef5eeb202e4c","block_type":"box","text":"measures the extent to which returns vary","page_number":4,"box":{"x":659,"y":261,"width":258,"height":9}},{"id":"5932f12d-5637-470e-89c9-5612fa116669","block_type":"box","text":"up and down over a given period.","page_number":4,"box":{"x":506,"y":272,"width":195,"height":8}},{"id":"933559db-3453-45f0-8f48-b3357351318f","block_type":"box","text":"Sharpe ratio","page_number":4,"box":{"x":506,"y":282,"width":77,"height":9}},{"id":"741dc127-e026-4bcd-a272-7961f581dad4","block_type":"box","text":"performance of an investment adjusting for the","page_number":4,"box":{"x":588,"y":282,"width":290,"height":9}},{"id":"c0101591-fc01-40b7-9542-b5746c1ee8ac","block_type":"box","text":"amount of risk taken (compared a risk","page_number":4,"box":{"x":506,"y":293,"width":232,"height":8}},{"id":"14744192-5d4f-43ea-85c4-d04df4809a1f","block_type":"box","text":"-","page_number":4,"box":{"x":739,"y":297,"width":4,"height":0}},{"id":"7c84b807-4106-4333-b440-adda35a48912","block_type":"box","text":"free investment). The higher","page_number":4,"box":{"x":744,"y":293,"width":173,"height":8}},{"id":"c9b34c0f-1556-4746-a432-2d3ade75f90b","block_type":"box","text":"the Sharpe ratio the better the returns compared to the risk taken.","page_number":4,"box":{"x":505,"y":303,"width":402,"height":9}},{"id":"a0ec7a7f-e92f-4ded-bf5a-3d6738110c81","block_type":"box","text":"Information ratio","page_number":4,"box":{"x":506,"y":314,"width":103,"height":7}},{"id":"be4dc543-9d20-4e5b-8b77-e5d4be4569bd","block_type":"box","text":"measures if a manager is outperforming or","page_number":4,"box":{"x":614,"y":314,"width":260,"height":9}},{"id":"113639f8-1fbd-4e69-b013-b3c3ed03097e","block_type":"box","text":"underperforming the benchmark and accounts for the risk taken to","page_number":4,"box":{"x":506,"y":324,"width":414,"height":9}},{"id":"213d5a90-46ba-433f-bdca-ac97a0587e68","block_type":"box","text":"achieve the returns. A manager who outperforms a benchmark by 2%","page_number":4,"box":{"x":506,"y":335,"width":421,"height":9}},{"id":"3602120b-9f56-4574-b4b0-f2e24185bb15","block_type":"box","text":"p.a. will have a higher IR than a manager with the same","page_number":4,"box":{"x":506,"y":345,"width":333,"height":9}},{"id":"fc02f935-e880-40a3-860d-6ef610810a8f","block_type":"box","text":"outperformance but who takes more risk.","page_number":4,"box":{"x":506,"y":356,"width":251,"height":9}},{"id":"4788a48c-284a-445a-9421-9ac65f9794c7","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":"e2a37b4f-132d-4fe6-9d00-8954e9b3822f"},"user_id":1000002,"date_created":"2026-10-14T22:30:40.470000Z","date_modified":"2026-10-14T22:30:40.470000Z","private":false}