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JPM Global Focus Fund
C Net Acc - GBP - GB00BRC2MH35 For other available share classes, please check the prospectus.
MARKETING COMMUNICATION FUND STORY | 2026
FOR PROFESSIONAL CLIENTS/QUALIFIED INVESTORS ONLY – NOT FOR RETAIL USE OR DISTRIBUTION
Access J.P. Morgan’s best ideas, globally Our Global Focus Fund employs a truly differentiated fundamental research process to identify and invest in our highest conviction ideas across global stock markets within an unconstrained portfolio.
Expertise • Highly experienced portfolio managers supported by over ~80 research analysts based around the world, covering 2,500 companies.
Hit Ratio in Different Style Environments
Value Quarters¹ Growth Quarters²
56% 56%
Portfolio • A highly selective unconstrained portfolio focused only on our best global stock ideas across sectors and regions.
Results • The fund has achieved positive results in both value and growth environments, driven by a truly global research platform that identifies companies with superior earnings and growth at competitive prices.
Chart source: J.P. Morgan Asset Management as of 28 February 2026. 1 Calculated as percentage of quarters of positive excess returns against MSCI ACWI Index when MSCI ACWI Value Index outperforms MSCI ACWI Growth Index. 2 Calculated as percentage of quarters of positive excess returns against MSCI ACWI Index when MSCI ACWI Growth Index outperforms MSCI ACWI Value Index. Data shown for the JPMorgan Global Focus ACWI Strategy, gross of fees. Gross returns are calculated from net returns by applying the fund total expense ratio (TER) which includes operating & administrative expenses (O&A). Past performance is not a reliable indicator of current and future results .
The freedom to invest in the best The Global Focus Fund taps into the long-term stock-level insights of our global research analysts, which are based on a rigorous valuation framework. Analyst insights are translated into active portfolio positions by the fund’s experienced portfolio managers in an unconstrained manner. The portfolio aims to focus on those stocks that our research suggests are the most attractively valued, and in which our analysts have most conviction over the quality of the business and the predictability of future earnings. To do this, we filter the investment universe into our 10 proprietary stock focus groups, to ensure we can balance the portfolio across what we consider to be 10 key fundamental drivers of returns. This filtering process means that fewer than 3% of the stocks we research make it into the final portfolio. The result is a concentrated global equity portfolio where excess returns are primarily driven by our expert stock selection. Less than 3% of the stocks we research make the final portfolio
GLOBAL UNIVERSE – proprietary focus groups • Research Coverage: ~2,500 stocks • Focus Groups : proprietary stock grouping offers a balanced portfolio across 10 key fundamental stock drivers
• Is there significant valuation upside? • Do we have clear insight into the business? • Conviction : does the company control its outcome?
• Superior quality of earnings, growing faster than the market, at a better price. • Style agnostic stock picking • All-weather portfolio
GLOBAL FOCUS PORTFOLIO – highest conviction ideas
STOCK SELECTION PROCESS – 3 key criteria
Provided for illustratively purposes only.
Access the global ideas of an award-winning team J.P. Morgan Asset Management prides itself on the quality of its analysts, who are among the best in the industry. Our equity analysts are located around the world where they are able to gain a true understanding of the companies and sectors they cover. Our extensive annual research budget of $190 million and broad presence provides our analysts and portfolio managers access to advanced data analytics to help turn their information advantage into investable insights .
Ratings
Morningstar Medalist Rating™ SILVER Analyst-Driven % 100 Data Coverage 100 © 2026 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is not a reliable indicator of current and future results. Rating updated as of 31 March 2026. Morningstar Rating is for the C (acc) GBP share class.
Past performance is not a reliable indicator of current and future results.
Page 2
Fund Story | 2026 | JPM Global Focus Fund Page 2 of 2
The term Fund used throughout this document refers to the relevant Sub-Fund, which is a legal term used in the Prospectus. This is a marketing communication and as such the views contained herein do not form part of an offer, nor are they to be taken as advice or a recommendation, to buy or sell any investment or interest thereto. Reliance upon information in this material is at the sole discretion of the reader. Any research in this document has been obtained and may have been acted upon by J.P. Morgan Asset Management for its own purpose. The results of such research are being made available as additional information and do not necessarily reflect the views of J.P. Morgan Asset Management. Any forecasts, figures, opinions, statements of financial market trends or investment techniques and strategies expressed are, unless otherwise stated, J.P. Morgan Asset Management’s own at the date of this document. They are considered to be reliable at the time of writing, may not necessarily be all inclusive and may be subject to change without reference or notification to you. The value of investments and the income from them may fluctuate in accordance with market conditions and taxation agreements and investors may not get back the full amount invested. Changes in exchange rates may have an adverse effect on the value, price or income of the products or underlying overseas investments. Past performance and yield are not a reliable indicator of current and future results. There is no guarantee that any forecast made will come to pass. Furthermore, whilst it is the intention to achieve the investment objective of the investment products, there can be no assurance that those objectives will be met. J.P. Morgan Asset Management is the brand name for the asset management business of JPMorgan Chase & Co. and its affiliates worldwide. To the extent permitted by applicable law, we may record telephone calls and monitor electronic communications to comply with our legal and regulatory obligations and internal policies. Personal data will be collected, stored and processed by J.P. Morgan Asset Management in accordance with our EMEA Privacy Policy www.jpmorgan.com/emea-privacy-policy . Prior to any application investors are advised to take all necessary legal, regulatory and tax advice on the consequences of an investment in the products. Investment is subject to documentation, which is comprised of the Prospectus, Key Investor Information Document (KIID) and either the Supplementary Information Document (SID) or Key Features/Terms and Conditions. These documents, together with the annual report, semi-annual report and instrument of incorporation are available in English from JPMorgan Asset Management (UK) Limited or at https://am.jpmorgan.com . This communication is issued by JPMorgan Asset Management (UK) Limited, which is authorised and regulated in the UK by the Financial Conduct Authority. Registered in England No: 01161446. Registered address: 25 Bank Street, Canary Wharf, London E14. LV–JPM57868 | 04/26 | f7c4da8c-2fa4-11ef-b39a-05c37cba9142
FOR PROFESSIONAL CLIENTS/QUALIFIED INVESTORS ONLY - NOT FOR RETAIL USE OR DISTRIBUTION
Key risks The Sub-Fund is subject to Investment risks and Other associated risks from the techniques and securities it uses to seek to achieve its objective. The table below explains how these risks relate to each other and the Outcomes to the Shareholder that could affect an investment in the Sub-Fund. Investors should also read Risk Descriptions in the Prospectus for a full description of each risk.
Risk and Reward Profile
1 2 3 4 5 6 7
Lower Risk Higher Risk
The risk indicator assumes you keep the product for 5 year(s). The risk of the product may be significantly higher if held for less than the recom mended holding period.
Investment risks Risks from the Sub-Fund’s techniques and securities Techniques Concentration Hedging
Securities China Emerging Markets Equities REITs Smaller companies ▼ Other associated risks Further risks the Sub-Fund is exposed to from its use of the techniques and securities above Currency Liquidity Market ▼ Outcomes to the Shareholder Potential impact of the risks above Loss Shareholders could lose some or all of their money.
Volatility Shares of the Sub-Fund will fluctuate in value.
Failure to meet the Sub Fund’s objective
Benchmark uses and resemblance The Fund is actively managed. The Benchmark is a Performance Comparator and the Fund may bear little resemblance to its Benchmark. The Benchmark has been chosen as it reflects the main investment universe and strategy for the Fund. The Benchmark will not apply values and norms based screening to implement exclusions that the Investment Manager applies to this Fund.
Investment objective To provide capital growth over the long-term (5-10 years) by investing at least 80% of the Fund’s assets globally in equities that the Investment Manager believes to be attractively valued and to have significant profit growth or earnings recovery potential.
Portfolio management team Helge Skibeli Lead Portfolio Manager • 38 years of industry experience, 36 years at J.P. Morgan
James Cook Portfolio Manager • 19 years of industry experience, all at J.P. Morgan
Sam Witherow Portfolio Manager • 18 years of industry experience, all at J.P. Morgan
Source: J.P. Morgan Asset Management, as at 31.03.2026.
Interactive factsheet and performance data
Scan or click on the QR code to view the latest performance data.
Calendar year performance (%)
2025 Fund 7.27
MSCI All Country World Index 13.91 Excess return -5.83 Source: J.P. Morgan Asset Management. The fund inception date is 02.05.2024. Share class performance is shown based on the quoted price of the share class stated, assumes any gross income was reinvested, and includes ongoing charges but not any entry or exit fees. Past performance is not a reliable indicator of current and future results.
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"text": "Source: J.P. Morgan Asset Management, as at 31.03.2026."
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"text": "and performance data"
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"text": "Scan or click on the QR code"
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"text": "to view the latest performance data."
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"text": "Calendar year performance (%)"
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"text": "2025"
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"text": "MSCI All Country World Index"
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"text": "13.91"
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"text": "Excess return"
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"text": "-5.83"
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"text": "Source: J.P. Morgan Asset Management. The fund inception date is 02.05.2024. Share class"
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