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No part of this document may","page_number":3,"box":{"x":48,"y":633,"width":904,"height":8}},{"id":"43ffa31a-e887-46e6-afc8-3a3614cc6fa6","block_type":"box","text":"be reproduced in any manner without the prior permission of JUTM and/or JAM.","page_number":3,"box":{"x":48,"y":642,"width":400,"height":8}},{"id":"b756ff82-9a63-4200-bc38-45527e22f175","block_type":"box","text":"© 2026 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or","page_number":3,"box":{"x":53,"y":665,"width":899,"height":9}},{"id":"4a962a6c-cc28-43d5-a005-8501faa3c926","block_type":"box","text":"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","page_number":3,"box":{"x":48,"y":674,"width":903,"height":9}},{"id":"cb6e6ab2-55c2-4d6e-8aa6-b804d4b4f07d","block_type":"box","text":"from any use of this information. Past performance is no guarantee of future results. For more detailed information about Morningstar’s Medalist Rating, including its","page_number":3,"box":{"x":47,"y":684,"width":904,"height":9}},{"id":"39d6cff4-9406-431a-81c6-035a29ddfb14","block_type":"box","text":"methodology, please go to: https://shareholders.morningstar.com/investor-relations/governance/Compliance--Disclosure/default.aspx","page_number":3,"box":{"x":48,"y":693,"width":716,"height":9}},{"id":"1682fd51-587c-4374-bd13-543fbe3cb57a","block_type":"box","text":"The Morningstar Medalist RatingTM is the summary expression of Morningstar’s forward-looking analysis of investment strategies as offered via specific vehicles using a","page_number":3,"box":{"x":47,"y":715,"width":905,"height":9}},{"id":"a31e0409-f7a7-4df6-9adb-bc7d2770fc80","block_type":"box","text":"rating scale of Gold, Silver, Bronze, Neutral, and Negative. 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Should there not be sufficient capital growth in the fund this may \r\nk flfhk f hhl","page_number":3,"box":{"x":342,"y":79,"width":610,"height":8}},{"id":"4a3605dc-1711-427b-b0c9-cbee736d520a","block_type":"box","text":"gg gp\r\ncause capital erosion. For a more detailed explanation of risk factors, please refer to the","page_number":3,"box":{"x":48,"y":87,"width":435,"height":8}},{"id":"94eeb8a1-273e-4058-8692-6d71419251d8","block_type":"box","text":"g\r\n\"Risk Factors\"","page_number":3,"box":{"x":487,"y":87,"width":68,"height":6}},{"id":"cfe8e405-89d5-4510-b083-289772bea567","block_type":"box","text":"p\r\nsection of the Scheme Particulars.","page_number":3,"box":{"x":559,"y":87,"width":168,"height":6}},{"id":"52665a68-761e-41f3-a61b-305afc340250","block_type":"box","text":"I GBP ACC","page_number":4,"box":{"x":48,"y":7,"width":40,"height":4}},{"id":"b9b59407-da1e-477d-93bf-7c670a181ef9","block_type":"box","text":"|","page_number":4,"box":{"x":97,"y":6,"width":0,"height":7}},{"id":"a8d3e287-645c-49e6-9311-7b321d467d75","block_type":"box","text":"JUPITER MERLIN WORLDWIDE PORTFOLIO","page_number":4,"box":{"x":102,"y":7,"width":178,"height":5}},{"id":"90259100-c2f7-4fd8-8f5f-cabc685dc447","block_type":"box","text":"|","page_number":4,"box":{"x":286,"y":6,"width":0,"height":7}},{"id":"cf095cf8-e3f0-4f38-93a0-dd5788c59d09","block_type":"box","text":"UNIT TRUST","page_number":4,"box":{"x":292,"y":7,"width":49,"height":4}},{"id":"f6b2e00b-4d41-4901-8fed-98994bf8d102","block_type":"box","text":"SEP 2026","page_number":4,"box":{"x":916,"y":7,"width":36,"height":4}},{"id":"e98959bf-ca32-461e-9fa3-16b88f453441","block_type":"box","text":"4","page_number":4,"box":{"x":47,"y":963,"width":6,"height":6}},{"id":"c83f22bd-719e-4d8b-8eee-cd3ad8b7d730","block_type":"box","text":"/","page_number":4,"box":{"x":57,"y":963,"width":5,"height":7}},{"id":"ba148367-248a-4790-bd2c-663e8abfac70","block_type":"box","text":"4","page_number":4,"box":{"x":68,"y":963,"width":6,"height":6}},{"id":"7975c808-840a-4dd2-b5f6-9f25a3cf2acb","block_type":"box","text":"Jupiter Factsheets - Glossary of Terms","page_number":4,"box":{"x":46,"y":30,"width":246,"height":11}},{"id":"16261377-225d-4226-9c79-e46dbbdcaf43","block_type":"box","text":"Absolute return","page_number":4,"box":{"x":47,"y":46,"width":87,"height":7}},{"id":"dc6a127e-86cd-4253-a999-5598b28a95f5","block_type":"box","text":": the total return of an asset, portfolio or fund over a given period","page_number":4,"box":{"x":135,"y":46,"width":352,"height":9}},{"id":"cfaf41d9-5f3d-40cd-ab6b-68ed92656ce9","block_type":"box","text":"of time OR an investment approach that attempts to achieve a return which is not","page_number":4,"box":{"x":48,"y":56,"width":439,"height":9}},{"id":"84511405-6c57-46b9-980a-e60431f7bb61","block_type":"box","text":"benchmarked against an index.","page_number":4,"box":{"x":48,"y":65,"width":162,"height":9}},{"id":"9581637c-dd85-4a7d-80a9-2d941cbb6e82","block_type":"box","text":"Ask / Bid price","page_number":4,"box":{"x":47,"y":80,"width":80,"height":9}},{"id":"8f77e1ce-aa24-468b-a79c-799d7385a14e","block_type":"box","text":": the lowest price a seller is willing to sell a security for / the highest","page_number":4,"box":{"x":128,"y":80,"width":359,"height":9}},{"id":"5bcca0e1-d631-4386-8379-cf82315535f6","block_type":"box","text":"price a buyer is willing to pay for a security.","page_number":4,"box":{"x":48,"y":89,"width":228,"height":9}},{"id":"414e2932-d6cc-4608-8a93-61b273f3470c","block_type":"box","text":"Bond","page_number":4,"box":{"x":48,"y":104,"width":27,"height":7}},{"id":"704e6320-9c69-4fc2-81a8-9bd72621a6fe","block_type":"box","text":": a debt instrument (‘I Owe You’) issued by a company (corporate bond),","page_number":4,"box":{"x":76,"y":104,"width":411,"height":9}},{"id":"2c2aea6a-11f8-4328-b1ae-037e53a6380c","block_type":"box","text":"government (sovereign/government bond) or other institution in order to raise","page_number":4,"box":{"x":48,"y":113,"width":439,"height":9}},{"id":"dd84de2c-dfae-47d6-b38f-eb46b2b3a9b8","block_type":"box","text":"money. 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See","page_number":4,"box":{"x":48,"y":132,"width":267,"height":9}},{"id":"017e95ac-421c-478b-a66d-4b32ac482079","block_type":"box","text":"Coupon","page_number":4,"box":{"x":319,"y":133,"width":43,"height":8}},{"id":"4d6ceb61-35a0-4e5d-a006-eaa0dc1f7a30","block_type":"box","text":".","page_number":4,"box":{"x":363,"y":138,"width":2,"height":1}},{"id":"1080a6d1-0794-47f5-9b9d-0632876f73c8","block_type":"box","text":"Convertibles","page_number":4,"box":{"x":48,"y":147,"width":69,"height":7}},{"id":"0738283a-c1a0-4421-bfaf-f32d15cdc795","block_type":"box","text":": securities (e.g. bonds or preference shares) that can be exchanged at","page_number":4,"box":{"x":118,"y":147,"width":369,"height":9}},{"id":"c9c0b8a5-b481-4293-bce6-d1d9ea4f68eb","block_type":"box","text":"some point in the future for a specified number of shares at a specified price of the","page_number":4,"box":{"x":48,"y":156,"width":439,"height":9}},{"id":"a2aad1de-2e2d-489d-bee7-6700a2c2d578","block_type":"box","text":"company issuing the securities. See","page_number":4,"box":{"x":48,"y":166,"width":186,"height":9}},{"id":"b9003d6a-5310-4e6b-86f4-f9022224fecd","block_type":"box","text":"Bond","page_number":4,"box":{"x":238,"y":166,"width":27,"height":7}},{"id":"db790c63-a068-4ff1-9edf-88b592f15d0d","block_type":"box","text":".","page_number":4,"box":{"x":267,"y":172,"width":1,"height":1}},{"id":"ec7a3847-e139-48aa-b6bf-484269eeec51","block_type":"box","text":"Coupon","page_number":4,"box":{"x":48,"y":181,"width":42,"height":8}},{"id":"26684b54-7b17-4439-9019-a2cab738ffe3","block_type":"box","text":": denotes the interest in % paid on a bond See","page_number":4,"box":{"x":91,"y":180,"width":246,"height":9}},{"id":"21596adc-149e-4347-a1e9-4a421917a2e4","block_type":"box","text":"Bond","page_number":4,"box":{"x":341,"y":180,"width":27,"height":7}},{"id":"a471df48-8075-4b15-994a-86e1361ad4ce","block_type":"box","text":".","page_number":4,"box":{"x":370,"y":186,"width":1,"height":1}},{"id":"1ff3efa1-e91f-4fb1-b521-de708d21bcef","block_type":"box","text":"Credit rating","page_number":4,"box":{"x":48,"y":195,"width":68,"height":9}},{"id":"c715bdc6-c0f3-4688-80af-79df323a5fa3","block_type":"box","text":": an assessment of a borrower’s credit worthiness, i.e. the likelihood of","page_number":4,"box":{"x":116,"y":195,"width":372,"height":8}},{"id":"c2456dc5-6a74-41ba-b858-727ca03d7998","block_type":"box","text":"the borrower to repay its debts.","page_number":4,"box":{"x":47,"y":205,"width":170,"height":9}},{"id":"4f9d99b6-2847-47c7-acf2-ebce9b6c9eae","block_type":"box","text":"Derivative","page_number":4,"box":{"x":48,"y":220,"width":54,"height":6}},{"id":"24b3f7a2-d8a3-46d4-a850-8fc6dc588b50","block_type":"box","text":": a financial instrument that derives its value from its underlying assets.","page_number":4,"box":{"x":103,"y":219,"width":384,"height":9}},{"id":"cdf5a576-2fc1-4a83-9e82-11db5d603b8c","block_type":"box","text":"Common underlying assets include stocks, bonds, commodities, currencies, interest","page_number":4,"box":{"x":48,"y":229,"width":439,"height":9}},{"id":"5af65326-f883-4320-b677-65b4288cf3c3","block_type":"box","text":"rates and market indices. Futures contracts, forward contracts, options and swaps","page_number":4,"box":{"x":48,"y":238,"width":439,"height":9}},{"id":"06e6aaf6-b07a-4e19-a0b0-be6a63c034e5","block_type":"box","text":"are the most common types of derivatives. Derivatives can be purchased ‘on margin’,","page_number":4,"box":{"x":48,"y":248,"width":439,"height":9}},{"id":"05d5b4e5-18db-4c04-b32c-5d2dedc6fe90","block_type":"box","text":"i.e. at a fraction of the value of the underlying asset. Thus, they are ‘leveraged’","page_number":4,"box":{"x":48,"y":257,"width":439,"height":9}},{"id":"6e42bca9-1e37-443f-9c47-54d2ef3fa848","block_type":"box","text":"instruments where the risk of loss can be greater than the initial outlay. Derivatives","page_number":4,"box":{"x":48,"y":267,"width":439,"height":9}},{"id":"d1d49a19-e6f2-4978-940e-ed41f8f6c1d4","block_type":"box","text":"can be used like insurance contracts (i.e. to hedge market risk) or for investment","page_number":4,"box":{"x":48,"y":276,"width":439,"height":9}},{"id":"59002d20-3ed5-415b-806e-2ac692b87de6","block_type":"box","text":"purposes. See","page_number":4,"box":{"x":48,"y":286,"width":72,"height":9}},{"id":"91bcee88-0e2b-4c27-a754-bc8934ccbb8b","block_type":"box","text":"Hedge, Leverage.","page_number":4,"box":{"x":125,"y":286,"width":91,"height":9}},{"id":"a0785d77-a02f-4121-9199-7e3cc8674fe3","block_type":"box","text":"Distribution Yield","page_number":4,"box":{"x":48,"y":300,"width":98,"height":7}},{"id":"b2dd8aa8-5fe1-4495-902d-09ea86472026","block_type":"box","text":": reflects the amounts that may be expected to be distributed","page_number":4,"box":{"x":147,"y":300,"width":340,"height":9}},{"id":"831ca164-7add-492b-9278-a763761155bc","block_type":"box","text":"over the next twelve months as a percentage of the price of the fund as at the date","page_number":4,"box":{"x":48,"y":310,"width":439,"height":9}},{"id":"d7b6c3c7-511c-44f5-948e-3175a8ccf4c4","block_type":"box","text":"shown. It is based on a snapshot of the portfolio on that day. It does not include","page_number":4,"box":{"x":48,"y":319,"width":439,"height":9}},{"id":"05808655-eaa9-45c8-8846-53192e57a134","block_type":"box","text":"any preliminary charge and investors may be subject to tax on distributions.","page_number":4,"box":{"x":48,"y":329,"width":401,"height":9}},{"id":"19c38a5d-0588-48c2-9c12-97f0975cc82c","block_type":"box","text":"Duration/Modified Duration","page_number":4,"box":{"x":48,"y":343,"width":157,"height":9}},{"id":"70d5cc58-20df-43e3-ad83-e45a3377505f","block_type":"box","text":": Duration estimates the sensitivity of a bond or","page_number":4,"box":{"x":206,"y":343,"width":281,"height":9}},{"id":"cef0ad41-d1a4-4954-ae5c-beeb217eca1c","block_type":"box","text":"bond fund to changes in interest rates. It is measured in years. The longer a bond’s","page_number":4,"box":{"x":48,"y":353,"width":439,"height":9}},{"id":"cda53a14-320f-499e-bd48-8e89da0a56a9","block_type":"box","text":"duration, the more sensitive it is to interest rate movements. Modified duration","page_number":4,"box":{"x":48,"y":362,"width":439,"height":8}},{"id":"06ce0eff-3f85-472c-857a-e695155e304f","block_type":"box","text":"estimates the effect that a 1% change in interest rates will have on the price of a","page_number":4,"box":{"x":48,"y":372,"width":439,"height":9}},{"id":"3804b679-510c-4eea-8659-d425c6785693","block_type":"box","text":"bond or bond fund.","page_number":4,"box":{"x":48,"y":381,"width":104,"height":7}},{"id":"d231ed0a-d219-4132-95fc-1f33a5945e06","block_type":"box","text":"Economic Gross","page_number":4,"box":{"x":48,"y":396,"width":88,"height":7}},{"id":"f5a6a37e-a7b2-4ab1-a4af-2af6203a0b33","block_type":"box","text":": the gross exposure adjusted to account for investments with","page_number":4,"box":{"x":137,"y":396,"width":350,"height":9}},{"id":"a07593ed-23a1-4e4b-bde2-bb23d9c0f069","block_type":"box","text":"mutually exclusive outcomes, for example a short position hedge on a share that","page_number":4,"box":{"x":48,"y":405,"width":439,"height":9}},{"id":"5fd49f8e-df6f-4884-b6be-0babe85c010b","block_type":"box","text":"is also held as a long position. See","page_number":4,"box":{"x":48,"y":415,"width":178,"height":9}},{"id":"39c6270f-cc5c-460c-affa-84fc0f7d0c1d","block_type":"box","text":"Gross exposure, Long/short position, Hedge","page_number":4,"box":{"x":230,"y":415,"width":241,"height":9}},{"id":"b9f8c603-3ff1-402b-b82c-e64b98529184","block_type":"box","text":".","page_number":4,"box":{"x":472,"y":421,"width":1,"height":1}},{"id":"cc6d116a-5bc9-44b9-a1d8-feced9ef578c","block_type":"box","text":"Effective duration:","page_number":4,"box":{"x":48,"y":429,"width":103,"height":7}},{"id":"8c72c812-4d65-4a49-966b-e6ad25366bc9","block_type":"box","text":"estimates the sensitivity of a bond’s price to changes in","page_number":4,"box":{"x":159,"y":429,"width":328,"height":9}},{"id":"4f6a4492-e904-452d-906b-0911a258c0e1","block_type":"box","text":"benchmark interest rates. 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