{"annotation_id":"bbe3586a-6558-4010-b9db-4a09df86d1a4","file_hash":"3cf3dae8dc3cfddda30b0523d8610d323ed8e6ed938b83ebdd62a5dd87659f58","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"291c23f6-e7f3-457e-994f-152e1722fa78","block_type":"box","text":"MARKETING COMMUNICATION | Factsheet","page_number":1,"box":{"x":50,"y":35,"width":230,"height":8}},{"id":"00cab54e-5dc6-42fe-b10c-a2db1afe9d4b","block_type":"box","text":"| 31 August 2026","page_number":1,"box":{"x":284,"y":35,"width":82,"height":8}},{"id":"4b0b22bb-8123-47e6-aeda-76114c306797","block_type":"box","text":"J","page_number":1,"box":{"x":50,"y":94,"width":8,"height":10}},{"id":"20513c67-2e2e-45fa-bab7-2c9d5451c069","block_type":"box","text":"P","page_number":1,"box":{"x":61,"y":94,"width":10,"height":10}},{"id":"e8b8d10c-aeee-44a9-bf98-028f451c06ac","block_type":"box","text":"M","page_number":1,"box":{"x":72,"y":94,"width":15,"height":10}},{"id":"06b49fb9-d9e1-403a-9047-ca9418f30e2f","block_type":"box","text":"o","page_number":1,"box":{"x":89,"y":97,"width":10,"height":7}},{"id":"e3c1d6d8-7c19-4113-87f3-be3123235879","block_type":"box","text":"r","page_number":1,"box":{"x":101,"y":97,"width":6,"height":7}},{"id":"e1e3190e-acf0-47c0-b430-9c650a254fcd","block_type":"box","text":"g","page_number":1,"box":{"x":107,"y":97,"width":10,"height":10}},{"id":"e1ec532d-6f05-4ee0-9248-d326afe47542","block_type":"box","text":"a","page_number":1,"box":{"x":119,"y":97,"width":10,"height":7}},{"id":"4003845f-fd6d-49f3-9c10-c29522e48a06","block_type":"box","text":"n","page_number":1,"box":{"x":131,"y":97,"width":14,"height":7}},{"id":"bc9234ee-9622-4664-96a1-3607f2105aa0","block_type":"box","text":"F","page_number":1,"box":{"x":147,"y":94,"width":9,"height":10}},{"id":"71a4e7a0-61f5-4f03-a100-9983f9ffaf41","block_type":"box","text":"und","page_number":1,"box":{"x":157,"y":94,"width":33,"height":10}},{"id":"d9111cc8-4ef2-40ec-bf43-6dde0553f1a5","block_type":"box","text":"s","page_number":1,"box":{"x":192,"y":97,"width":9,"height":7}},{"id":"43037293-364b-45e4-958d-ce83edad8340","block_type":"box","text":"-","page_number":1,"box":{"x":207,"y":100,"width":6,"height":1}},{"id":"2897de1d-743f-44e4-b689-07bab26ebc2e","block_type":"box","text":"E","page_number":1,"box":{"x":52,"y":115,"width":20,"height":20}},{"id":"a960c150-5096-4007-80bd-172a39865538","block_type":"box","text":"ur","page_number":1,"box":{"x":76,"y":120,"width":36,"height":15}},{"id":"65df3b28-21ab-4c59-8b54-01e13c069868","block_type":"box","text":"o","page_number":1,"box":{"x":112,"y":120,"width":20,"height":15}},{"id":"e86c0953-0dc0-4042-a862-3939ff3116e1","block_type":"box","text":"p","page_number":1,"box":{"x":136,"y":120,"width":20,"height":20}},{"id":"2517aad1-b715-45d8-bf52-c92c37147f27","block_type":"box","text":"e","page_number":1,"box":{"x":159,"y":120,"width":19,"height":15}},{"id":"45433496-ceef-4d0e-856e-21d0241bc365","block_type":"box","text":"H","page_number":1,"box":{"x":191,"y":115,"width":21,"height":20}},{"id":"65f53a1a-592c-498b-b7bf-ef8112873488","block_type":"box","text":"i","page_number":1,"box":{"x":217,"y":115,"width":5,"height":20}},{"id":"faf180b0-632a-42ab-b3a5-991bbdb2c7ae","block_type":"box","text":"g","page_number":1,"box":{"x":226,"y":120,"width":19,"height":21}},{"id":"2bbad458-b20f-4c84-9d48-f9220b2921e8","block_type":"box","text":"h Y","page_number":1,"box":{"x":251,"y":115,"width":29,"height":20}},{"id":"959a8d48-9720-4ec1-bd0a-f9ac890efb02","block_type":"box","text":"Y","page_number":1,"box":{"x":280,"y":115,"width":23,"height":20}},{"id":"6e897533-f413-47e4-9159-284366f68f8e","block_type":"box","text":"i","page_number":1,"box":{"x":305,"y":115,"width":5,"height":20}},{"id":"73a5cc05-8fc8-4906-a983-2040327b959d","block_type":"box","text":"e","page_number":1,"box":{"x":314,"y":120,"width":19,"height":15}},{"id":"37f174d8-3456-46ee-9efb-0acd2a4b4a51","block_type":"box","text":"l","page_number":1,"box":{"x":337,"y":115,"width":5,"height":20}},{"id":"6b322a1b-10a7-4665-9eaf-dcf7b160c193","block_type":"box","text":"d","page_number":1,"box":{"x":346,"y":115,"width":19,"height":20}},{"id":"e0742aa4-90a3-476a-a602-d2b9ea444024","block_type":"box","text":"B","page_number":1,"box":{"x":379,"y":115,"width":22,"height":20}},{"id":"e1a6273f-d632-4aeb-a54a-b3ebffa118bb","block_type":"box","text":"o","page_number":1,"box":{"x":404,"y":120,"width":20,"height":15}},{"id":"155a9897-c612-44c6-b24e-1a3856cd6f3a","block_type":"box","text":"nd","page_number":1,"box":{"x":428,"y":115,"width":42,"height":20}},{"id":"7899b5dc-6e59-472e-8504-a05cf05b0aa4","block_type":"box","text":"F","page_number":1,"box":{"x":484,"y":115,"width":19,"height":20}},{"id":"ef630a33-efb7-4bee-b661-e7ac37e2c5b2","block_type":"box","text":"und","page_number":1,"box":{"x":504,"y":115,"width":66,"height":20}},{"id":"c36865ae-177c-49d0-89f3-93fc905182fc","block_type":"box","text":"C","page_number":1,"box":{"x":50,"y":143,"width":10,"height":8}},{"id":"84e5f144-2630-412b-b12f-81b16d8b595e","block_type":"box","text":"l","page_number":1,"box":{"x":62,"y":143,"width":1,"height":8}},{"id":"132a5e6c-57a3-4a63-9c62-76ddae1ea72b","block_type":"box","text":"a","page_number":1,"box":{"x":65,"y":145,"width":8,"height":6}},{"id":"0293a1a9-68e1-43ce-b030-4240ef352525","block_type":"box","text":"s","page_number":1,"box":{"x":74,"y":145,"width":7,"height":6}},{"id":"dec7c653-d8a6-4b42-ac27-c1baf7a9b919","block_type":"box","text":"s","page_number":1,"box":{"x":82,"y":145,"width":8,"height":6}},{"id":"ce94b724-ae4c-4fcb-8b19-9275467890e4","block_type":"box","text":":","page_number":1,"box":{"x":92,"y":145,"width":1,"height":6}},{"id":"b7b89d10-70e8-4ed3-8008-27af0c348199","block_type":"box","text":"J","page_number":1,"box":{"x":98,"y":143,"width":7,"height":8}},{"id":"ca01dd24-463c-4b7d-8d8f-16e044269ea6","block_type":"box","text":"P","page_number":1,"box":{"x":107,"y":143,"width":8,"height":8}},{"id":"6ca0b17b-cc1b-4235-966e-fcfc10fc25aa","block_type":"box","text":"M","page_number":1,"box":{"x":117,"y":143,"width":10,"height":8}},{"id":"b11c2fa4-a504-4635-a631-f1a753456845","block_type":"box","text":"E","page_number":1,"box":{"x":134,"y":143,"width":7,"height":8}},{"id":"cd6ec783-bb6a-4d62-9dec-99d3506d0201","block_type":"box","text":"u","page_number":1,"box":{"x":143,"y":145,"width":7,"height":6}},{"id":"5eb0f50a-ea23-42cc-9588-4a6f66a8caa0","block_type":"box","text":"r","page_number":1,"box":{"x":153,"y":145,"width":4,"height":6}},{"id":"c45aca8c-fbf6-4da4-8400-69828c07e372","block_type":"box","text":"o","page_number":1,"box":{"x":158,"y":145,"width":8,"height":6}},{"id":"e5728098-9d9a-4074-846b-5929c151f1af","block_type":"box","text":"pe","page_number":1,"box":{"x":168,"y":145,"width":17,"height":8}},{"id":"fe0119e4-9134-40e5-9610-59cb21aaa932","block_type":"box","text":"H","page_number":1,"box":{"x":190,"y":143,"width":8,"height":8}},{"id":"8574c2ce-3408-4a99-a093-4cc77b6ec697","block_type":"box","text":"i","page_number":1,"box":{"x":201,"y":143,"width":2,"height":8}},{"id":"0877f2fe-a402-49f6-94f6-351dcd6b56bd","block_type":"box","text":"gh","page_number":1,"box":{"x":204,"y":143,"width":18,"height":10}},{"id":"290dea74-da35-4311-b779-338751bf12c8","block_type":"box","text":"Y","page_number":1,"box":{"x":227,"y":143,"width":9,"height":8}},{"id":"06f1cff5-fb9e-4ad3-a27a-10b813f213c7","block_type":"box","text":"i","page_number":1,"box":{"x":237,"y":143,"width":1,"height":8}},{"id":"6fd99b8d-0888-4344-8141-09d9a5478249","block_type":"box","text":"e","page_number":1,"box":{"x":240,"y":145,"width":8,"height":6}},{"id":"0e62e67b-8409-4e72-bc17-8b2710398eeb","block_type":"box","text":"l","page_number":1,"box":{"x":250,"y":143,"width":1,"height":8}},{"id":"507e9e29-86b7-4d64-a292-d135c580980f","block_type":"box","text":"d B","page_number":1,"box":{"x":253,"y":143,"width":23,"height":8}},{"id":"502934cd-9578-40ba-8fb5-aeb03801e660","block_type":"box","text":"o","page_number":1,"box":{"x":277,"y":145,"width":8,"height":6}},{"id":"d3c5937f-4760-43c7-ac8a-10f9eac83a02","block_type":"box","text":"n","page_number":1,"box":{"x":287,"y":145,"width":8,"height":6}},{"id":"baa7d146-816c-4f3d-abe2-42c146c1c39f","block_type":"box","text":"d A","page_number":1,"box":{"x":296,"y":143,"width":22,"height":8}},{"id":"5af0601b-d5a4-417c-b204-be7e61e33042","block_type":"box","text":"(","page_number":1,"box":{"x":323,"y":143,"width":4,"height":10}},{"id":"17f18bec-d1b7-49c7-bc6d-94cac6a63ed5","block_type":"box","text":"di","page_number":1,"box":{"x":328,"y":143,"width":12,"height":8}},{"id":"d63709ee-ac31-4793-9ff5-aecb605c4a59","block_type":"box","text":"s","page_number":1,"box":{"x":341,"y":145,"width":7,"height":6}},{"id":"d1287e4c-1e40-4e48-87d2-7350a1c3a7f6","block_type":"box","text":"t","page_number":1,"box":{"x":349,"y":143,"width":5,"height":8}},{"id":"dd5c90be-0999-4dbd-b95a-4234c19de3a3","block_type":"box","text":")","page_number":1,"box":{"x":355,"y":143,"width":3,"height":10}},{"id":"280aeefa-f84e-4928-bd83-b27f6b4159bb","block_type":"box","text":"-","page_number":1,"box":{"x":364,"y":147,"width":5,"height":1}},{"id":"2692981e-b5e2-4956-876d-178104e819be","block_type":"box","text":"E","page_number":1,"box":{"x":374,"y":143,"width":8,"height":8}},{"id":"28be13b6-51a1-4bde-a397-0bb7e9f53709","block_type":"box","text":"U","page_number":1,"box":{"x":384,"y":143,"width":8,"height":8}},{"id":"7fbd171a-53b5-4119-b383-9b86d7490f3a","block_type":"box","text":"R","page_number":1,"box":{"x":394,"y":143,"width":8,"height":8}},{"id":"45ba1f78-e20a-448c-80b6-ad936b41a9cc","block_type":"box","text":"Promotes environmental and / or social characteristics.","page_number":1,"box":{"x":52,"y":517,"width":335,"height":7}},{"id":"37a8e136-596c-428f-8582-fd45d4167e53","block_type":"box","text":"\"Article 8\" strategies promote social and/or environmental \r\nhiibdhiblii","page_number":1,"box":{"x":52,"y":543,"width":348,"height":9}},{"id":"f7b3dc70-72f4-4c14-b832-c04a8559f7cd","block_type":"box","text":"gp\r\ncharacteristics, but do not have sustainable investing as a core \r\nbji","page_number":1,"box":{"x":51,"y":552,"width":380,"height":9}},{"id":"1a3a3c90-8ade-470c-a5b1-2ecefc608bdd","block_type":"box","text":"objective.","page_number":1,"box":{"x":51,"y":560,"width":57,"height":9}},{"id":"3ba472de-b267-4d8c-b4ed-b08b1bfabda9","block_type":"box","text":"Fund overview","page_number":1,"box":{"x":52,"y":181,"width":116,"height":9}},{"id":"2379279b-4199-44be-b055-30e2a5832d96","block_type":"box","text":"ISIN","page_number":1,"box":{"x":53,"y":198,"width":24,"height":7}},{"id":"a8605e18-6cb8-4938-848e-6e3d37be9c83","block_type":"box","text":"Sedol","page_number":1,"box":{"x":179,"y":198,"width":34,"height":7}},{"id":"b5b31bde-ad64-4388-be85-229945e92542","block_type":"box","text":"Bloomberg","page_number":1,"box":{"x":254,"y":198,"width":66,"height":9}},{"id":"161a5f39-3be8-4478-bf78-76f8651b9aac","block_type":"box","text":"Reuters","page_number":1,"box":{"x":358,"y":198,"width":47,"height":7}},{"id":"0c5fb581-ab05-4517-86cc-1accd0a4ba3e","block_type":"box","text":"LU0091079839","page_number":1,"box":{"x":53,"y":209,"width":88,"height":7}},{"id":"b78934ab-269c-484c-94b2-7e8700b5c9f3","block_type":"box","text":"5531505","page_number":1,"box":{"x":179,"y":209,"width":49,"height":7}},{"id":"598efc6b-c0f8-45d0-a352-9a2a54aa2414","block_type":"box","text":"FLEEHYA LX","page_number":1,"box":{"x":254,"y":209,"width":72,"height":7}},{"id":"e4e0815f-39ce-4ef6-b4dc-82070f1f2f28","block_type":"box","text":"LU0091079839.LUF","page_number":1,"box":{"x":359,"y":209,"width":114,"height":7}},{"id":"7d4dda33-ad6d-4004-a7e7-a2a312068dce","block_type":"box","text":"Investment objective:","page_number":1,"box":{"x":53,"y":229,"width":134,"height":8}},{"id":"71ce4ad5-fdf5-4ab5-ad29-1aebdf52a25c","block_type":"box","text":"To achieve a return in excess of European bond","page_number":1,"box":{"x":196,"y":229,"width":283,"height":8}},{"id":"f895cb77-e892-4fcf-b5da-17d24d3c61dc","block_type":"box","text":"markets by investing primarily in European and non","page_number":1,"box":{"x":53,"y":241,"width":313,"height":8}},{"id":"3fb3ac2d-b79e-42e4-8e6d-e31b5e716f55","block_type":"box","text":"-","page_number":1,"box":{"x":368,"y":245,"width":3,"height":0}},{"id":"d376696c-9fde-46be-aa2c-6cdcaf901ed8","block_type":"box","text":"European below","page_number":1,"box":{"x":373,"y":241,"width":98,"height":8}},{"id":"e57d385e-371b-44b6-a365-dd0995c06d3a","block_type":"box","text":"investment grade bonds denominated in European currencies and","page_number":1,"box":{"x":53,"y":252,"width":407,"height":9}},{"id":"5ba8ae68-d705-4513-8447-3e124ef85b5d","block_type":"box","text":"other debt securities, using derivatives where appropriate.","page_number":1,"box":{"x":53,"y":263,"width":352,"height":9}},{"id":"6dd77c0f-064f-4f22-93d3-6be30a6df226","block_type":"box","text":"Investment approach","page_number":1,"box":{"x":52,"y":279,"width":133,"height":9}},{"id":"d75ce723-49bb-4ba1-838e-00809293b936","block_type":"box","text":"Uses a globally integrated research driven investment process that","page_number":1,"box":{"x":60,"y":291,"width":403,"height":9}},{"id":"91cf0250-899b-41a9-a439-e729fa37ecb5","block_type":"box","text":"focuses on analysing fundamental, quantitative and technical factors","page_number":1,"box":{"x":59,"y":303,"width":419,"height":8}},{"id":"11481559-e8f3-4d05-8085-c309f892cc9f","block_type":"box","text":"across countries, sectors and issuers.","page_number":1,"box":{"x":60,"y":314,"width":231,"height":8}},{"id":"d781e2f1-3522-43bc-b3f6-c73dddf62518","block_type":"box","text":"Bottom","page_number":1,"box":{"x":61,"y":327,"width":40,"height":7}},{"id":"3b9dfd2e-62b4-490c-95d9-9bd3e2a40ea5","block_type":"box","text":"-","page_number":1,"box":{"x":103,"y":331,"width":3,"height":0}},{"id":"be7e6cd7-0c52-44e7-9d2f-8c91540eb277","block_type":"box","text":"up security selection approach based on assessing relative","page_number":1,"box":{"x":108,"y":327,"width":360,"height":8}},{"id":"0796b294-908f-4ea6-9560-e6cc1d63bd37","block_type":"box","text":"value across the European developed market high yield credit","page_number":1,"box":{"x":60,"y":338,"width":374,"height":9}},{"id":"1d9bd5b3-b0fb-4f95-86cc-52354e561015","block_type":"box","text":"spectrum.","page_number":1,"box":{"x":60,"y":350,"width":62,"height":8}},{"id":"fe29ca79-0cf7-4108-9e2c-e3edd1ea660e","block_type":"box","text":"ESG information","page_number":1,"box":{"x":53,"y":491,"width":130,"height":9}},{"id":"2586b5f6-0914-486c-bc93-4d31b078a841","block_type":"box","text":"ESG approach","page_number":1,"box":{"x":53,"y":507,"width":88,"height":9}},{"id":"ce997470-5223-4bae-af53-46c1ad4e9ecf","block_type":"box","text":"-","page_number":1,"box":{"x":147,"y":511,"width":4,"height":1}},{"id":"a715be63-84af-407c-b209-e4076f48a16e","block_type":"box","text":"ESG Promote","page_number":1,"box":{"x":156,"y":507,"width":82,"height":7}},{"id":"cf0f01c9-3e09-4423-9766-f30137798a68","block_type":"box","text":"SFDR classification: Article 8","page_number":1,"box":{"x":53,"y":533,"width":178,"height":7}},{"id":"bec1927f-8021-4b9c-97da-2aec3ed43cd3","block_type":"box","text":"l","page_number":1,"box":{"x":53,"y":291,"width":4,"height":3}},{"id":"15bb1093-3fb3-4cfc-a794-90cd8754efbd","block_type":"box","text":"l","page_number":1,"box":{"x":53,"y":327,"width":4,"height":3}},{"id":"2305c955-6012-474f-9964-e780eb74a8c2","block_type":"box","text":"Portfolio manager(s)","page_number":1,"box":{"x":53,"y":378,"width":125,"height":9}},{"id":"194061cc-bd01-4667-8daa-f1d898814d4b","block_type":"box","text":"Peter Aspbury","page_number":1,"box":{"x":53,"y":391,"width":84,"height":9}},{"id":"ea5d419b-7bf3-4cbf-a47e-b5056e2d4783","block_type":"box","text":"Russ Taylor","page_number":1,"box":{"x":53,"y":402,"width":68,"height":9}},{"id":"1bbc26a8-f29b-4875-ad5e-988ed86f849a","block_type":"box","text":"Fund reference","page_number":1,"box":{"x":53,"y":416,"width":95,"height":7}},{"id":"cf60b5b5-4df9-4f0b-a2f9-4ecc59d0497a","block_type":"box","text":"currency","page_number":1,"box":{"x":53,"y":429,"width":55,"height":7}},{"id":"f11de7e2-732c-45ee-8899-8ccaafa701b7","block_type":"box","text":"EUR","page_number":1,"box":{"x":113,"y":427,"width":24,"height":7}},{"id":"8352ffd3-6f82-4fd0-bc5b-09ea990d6342","block_type":"box","text":"Share class","page_number":1,"box":{"x":53,"y":441,"width":71,"height":7}},{"id":"333303f2-a222-45a7-9e4f-b0668aa8bedc","block_type":"box","text":"currency","page_number":1,"box":{"x":53,"y":454,"width":55,"height":7}},{"id":"7c73848a-8895-439c-94b8-9db72881026e","block_type":"box","text":"EUR","page_number":1,"box":{"x":113,"y":452,"width":24,"height":7}},{"id":"62832337-3327-4390-a23f-abc6029a4306","block_type":"box","text":"Fund assets","page_number":1,"box":{"x":193,"y":378,"width":76,"height":7}},{"id":"50bf2502-be27-4a22-8450-9d089cbc8b0e","block_type":"box","text":"EUR 412.7m","page_number":1,"box":{"x":193,"y":391,"width":67,"height":7}},{"id":"2b0eb93a-3454-4553-b569-391a73c6a4c5","block_type":"box","text":"Fund launch","page_number":1,"box":{"x":193,"y":405,"width":78,"height":7}},{"id":"6c654d78-7429-470b-9998-3df55c51102b","block_type":"box","text":"11 Sep 1998","page_number":1,"box":{"x":193,"y":418,"width":64,"height":8}},{"id":"58410ec6-33b4-4f94-b42b-123967327132","block_type":"box","text":"NAV","page_number":1,"box":{"x":193,"y":432,"width":26,"height":6}},{"id":"0f1a6b88-59c3-473d-8fdb-d88489a698a2","block_type":"box","text":"EUR 2.57","page_number":1,"box":{"x":223,"y":431,"width":54,"height":7}},{"id":"71172e29-4ce5-485a-8039-e91829cda6d6","block_type":"box","text":"Class launch","page_number":1,"box":{"x":193,"y":445,"width":81,"height":7}},{"id":"cf3dcddc-6ce7-429c-b993-9639af23f7ae","block_type":"box","text":"11 Sep 1998","page_number":1,"box":{"x":193,"y":458,"width":64,"height":9}},{"id":"27c35c94-b63e-42df-8fe8-5d218509979a","block_type":"box","text":"Domicile","page_number":1,"box":{"x":311,"y":378,"width":53,"height":7}},{"id":"1a33cf30-65b1-493a-9a5d-b9b658e22791","block_type":"box","text":"Luxembourg","page_number":1,"box":{"x":369,"y":378,"width":78,"height":9}},{"id":"b73d22f9-9b91-47f6-92ab-bcbfa37e3549","block_type":"box","text":"Entry/exit charges","page_number":1,"box":{"x":311,"y":392,"width":117,"height":9}},{"id":"d3f4b33f-ec4b-45c1-89b5-6c283bde4b8b","block_type":"box","text":"Entry charge (max) 3.00%","page_number":1,"box":{"x":311,"y":405,"width":153,"height":9}},{"id":"f6e638ef-8988-466e-b865-ebe5e6489bcd","block_type":"box","text":"Exit charge (max) 0.00%","page_number":1,"box":{"x":311,"y":416,"width":144,"height":9}},{"id":"a82008ce-72d4-4cd5-b630-0d19305704ed","block_type":"box","text":"Ongoing charge","page_number":1,"box":{"x":311,"y":430,"width":100,"height":9}},{"id":"73ca889e-1ace-4218-8653-db010abb8b97","block_type":"box","text":"0.95%","page_number":1,"box":{"x":417,"y":430,"width":37,"height":7}},{"id":"1afd136d-a7cc-4296-8057-8a25515bbfc3","block_type":"box","text":"Fund ratings","page_number":1,"box":{"x":518,"y":183,"width":103,"height":11}},{"id":"f9cc7ca4-1866-4cc3-916b-270963df0a9e","block_type":"box","text":"As at 31 August 2026","page_number":1,"box":{"x":629,"y":185,"width":111,"height":8}},{"id":"f6bc9379-78ad-48a2-a4c5-fb6bca4a9705","block_type":"box","text":"Performance","page_number":1,"box":{"x":519,"y":230,"width":104,"height":9}},{"id":"128f1de6-33f3-4e81-950a-a74fa13f091a","block_type":"box","text":"Quarterly rolling 12","page_number":1,"box":{"x":520,"y":448,"width":108,"height":8}},{"id":"777b72b5-46c4-4d53-9a90-c63a1194676b","block_type":"box","text":"-","page_number":1,"box":{"x":629,"y":451,"width":4,"height":1}},{"id":"5e60128e-28ab-4ca4-90fb-929b988f6b38","block_type":"box","text":"month performance (%)","page_number":1,"box":{"x":635,"y":448,"width":134,"height":7}},{"id":"a5e458ea-4126-40a2-bbbf-819f7d371c1d","block_type":"box","text":"As at end of June 2026","page_number":1,"box":{"x":517,"y":461,"width":125,"height":7}},{"id":"6ecc3b0f-41e9-478c-9020-76bfa12fed14","block_type":"box","text":"Calendar Year Performance (%)","page_number":1,"box":{"x":520,"y":510,"width":179,"height":8}},{"id":"df22a9dd-9030-4438-bcfd-b31a502b3b05","block_type":"box","text":"Return (%)","page_number":1,"box":{"x":520,"y":565,"width":56,"height":8}},{"id":"962fbfcf-27ae-4db3-bf39-da567e43bc2a","block_type":"box","text":"Cumulative","page_number":1,"box":{"x":613,"y":580,"width":72,"height":7}},{"id":"91f2c8ca-e2b8-407d-ac6d-c47639a94221","block_type":"box","text":"Annualised","page_number":1,"box":{"x":828,"y":580,"width":72,"height":7}},{"id":"3a8b065f-7062-476d-be2f-138d79a7c972","block_type":"box","text":"1 month","page_number":1,"box":{"x":548,"y":592,"width":50,"height":7}},{"id":"f6a015fa-dc1c-4349-8559-bd87160f3ed2","block_type":"box","text":"3 months","page_number":1,"box":{"x":606,"y":592,"width":59,"height":7}},{"id":"777d80c6-28d8-4825-a5ac-50c5919f759c","block_type":"box","text":"1 year","page_number":1,"box":{"x":674,"y":592,"width":36,"height":9}},{"id":"df38d6a7-ae4b-459a-935a-fbcb142d3e13","block_type":"box","text":"YTD","page_number":1,"box":{"x":723,"y":592,"width":24,"height":7}},{"id":"15d36ac5-28d1-4c54-b0dd-30d2d2d34248","block_type":"box","text":"3 years","page_number":1,"box":{"x":786,"y":592,"width":44,"height":9}},{"id":"8cedea65-3b01-4b76-83a5-367a245799ac","block_type":"box","text":"5 years","page_number":1,"box":{"x":847,"y":592,"width":45,"height":9}},{"id":"bc46c9a9-aea5-4979-b73e-f34fef609b13","block_type":"box","text":"10 years","page_number":1,"box":{"x":901,"y":592,"width":52,"height":9}},{"id":"0a9b1dac-c781-4111-8fec-c25446d867a8","block_type":"box","text":"0.31","page_number":1,"box":{"x":562,"y":604,"width":23,"height":7}},{"id":"db8fb4a4-e8fe-4bd8-a295-67d3e1c2d9a0","block_type":"box","text":"0.39","page_number":1,"box":{"x":623,"y":604,"width":26,"height":7}},{"id":"7a336521-52f7-46f9-b764-1562dcff9ec6","block_type":"box","text":"2.38","page_number":1,"box":{"x":679,"y":604,"width":24,"height":7}},{"id":"563cd703-c668-423c-8392-ee0232b6b6a4","block_type":"box","text":"1.26","page_number":1,"box":{"x":725,"y":604,"width":22,"height":7}},{"id":"e4ae7577-f2e6-4548-b301-ce5e9a964568","block_type":"box","text":"5.64","page_number":1,"box":{"x":796,"y":604,"width":25,"height":7}},{"id":"dd76fa79-bec0-49e6-b1cc-497e0487eddc","block_type":"box","text":"2.16","page_number":1,"box":{"x":859,"y":604,"width":22,"height":7}},{"id":"ce584279-462b-4f9d-bf26-1d5e292139cf","block_type":"box","text":"2.54","page_number":1,"box":{"x":915,"y":604,"width":25,"height":7}},{"id":"b3dc78ca-bb7e-4477-819a-af1d9263f4dc","block_type":"box","text":"0.31","page_number":1,"box":{"x":562,"y":616,"width":23,"height":7}},{"id":"b1042c2e-92a2-46fd-8b9c-8b54e9853f7b","block_type":"box","text":"0.62","page_number":1,"box":{"x":623,"y":616,"width":26,"height":7}},{"id":"1fb74d6f-3ecd-4630-b078-53dc34ecf531","block_type":"box","text":"3.03","page_number":1,"box":{"x":679,"y":616,"width":25,"height":7}},{"id":"c30dabda-5ba0-40e5-bb8d-805b6de6fb8a","block_type":"box","text":"1.84","page_number":1,"box":{"x":725,"y":616,"width":23,"height":7}},{"id":"3517edf0-ad06-4206-8140-94a027b9ba4d","block_type":"box","text":"6.94","page_number":1,"box":{"x":796,"y":616,"width":25,"height":7}},{"id":"15ead5c6-3212-47a1-9e07-393b8e61b895","block_type":"box","text":"2.78","page_number":1,"box":{"x":857,"y":616,"width":24,"height":7}},{"id":"d5078078-4c2b-432c-9426-976a8114a6c7","block_type":"box","text":"3.39","page_number":1,"box":{"x":915,"y":616,"width":24,"height":7}},{"id":"9ca77814-8632-4192-be38-dd7e0dcfc9cc","block_type":"box","text":"Past performance is not a guide to current and future performance.","page_number":1,"box":{"x":518,"y":680,"width":424,"height":9}},{"id":"3685f55b-bd22-4df0-a1c9-bc3f6f895fd9","block_type":"box","text":"The value of your investments and any income from them may fall","page_number":1,"box":{"x":519,"y":691,"width":417,"height":9}},{"id":"acd87cf7-d7c5-4b47-8d6e-f29df24cd329","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":702,"width":384,"height":9}},{"id":"56ee4fa4-c879-4037-9f8e-2063d4ec8a68","block_type":"box","text":"invested.","page_number":1,"box":{"x":518,"y":713,"width":57,"height":7}},{"id":"b4c8b558-030c-4a7b-9b66-ac272f8e8f6c","block_type":"box","text":"For more information on our approach to sustainable investing at J.P.","page_number":1,"box":{"x":519,"y":741,"width":414,"height":9}},{"id":"1b135915-fb5a-4d77-b2ae-6303ab4d2528","block_type":"box","text":"Morgan Asset Management please visit","page_number":1,"box":{"x":519,"y":752,"width":236,"height":9}},{"id":"2b0c76a6-de79-4403-a2c8-22cd8ebc481b","block_type":"box","text":"https://am.jpmorgan.com/lu/esg","page_number":1,"box":{"x":519,"y":763,"width":212,"height":9}},{"id":"23e8d857-d929-4c5b-85f5-15d762d0b095","block_type":"box","text":"Performance Disclosures","page_number":1,"box":{"x":520,"y":668,"width":145,"height":7}},{"id":"3e83d1cb-aea9-48e8-897a-537ba8cb5e34","block_type":"box","text":"ESG","page_number":1,"box":{"x":520,"y":729,"width":22,"height":7}},{"id":"52f78e65-e42f-4e22-8910-9dcf2144fb11","block_type":"box","text":"Morningstar Category™","page_number":1,"box":{"x":517,"y":201,"width":147,"height":9}},{"id":"7886f010-7103-43be-9da1-4c9505ae3262","block_type":"box","text":"EUR High Yield Bond","page_number":1,"box":{"x":670,"y":201,"width":130,"height":9}},{"id":"c6599899-170e-4a7c-a7d7-57d0b4da9b81","block_type":"box","text":"Class:","page_number":1,"box":{"x":534,"y":250,"width":37,"height":7}},{"id":"3148a80b-6420-4a17-9e3c-3d8460596a45","block_type":"box","text":"JPM Europe High Yield Bond A (dist)","page_number":1,"box":{"x":575,"y":250,"width":215,"height":9}},{"id":"d883234f-abf5-4977-8bdf-604fb6d7d1a3","block_type":"box","text":"-","page_number":1,"box":{"x":795,"y":254,"width":3,"height":1}},{"id":"f62c96b4-f621-41f3-bef5-2b24013543e5","block_type":"box","text":"EUR","page_number":1,"box":{"x":802,"y":250,"width":24,"height":7}},{"id":"1c53abec-c33a-4262-8e0b-351b53d578ec","block_type":"box","text":"Benchmark:","page_number":1,"box":{"x":535,"y":262,"width":73,"height":7}},{"id":"b08d56d5-f992-4e85-9cfe-33659b0ab7e3","block_type":"box","text":"ICE BofA Euro Developed Markets Non","page_number":1,"box":{"x":613,"y":262,"width":226,"height":9}},{"id":"e5e3a440-02aa-4c45-a807-048edb4ddc27","block_type":"box","text":"-","page_number":1,"box":{"x":841,"y":266,"width":3,"height":1}},{"id":"24be0f0a-f837-42f8-a380-eab3d3337763","block_type":"box","text":"Financial High","page_number":1,"box":{"x":846,"y":262,"width":88,"height":9}},{"id":"b386cb0c-59ac-4b8a-8c83-654b4ca046e8","block_type":"box","text":"Yield Constrained Index (Total Return Gross)","page_number":1,"box":{"x":534,"y":273,"width":264,"height":9}},{"id":"bf026bb5-f1c4-4269-ae0a-4c9a46d63fdf","block_type":"box","text":"1","page_number":1,"box":{"x":523,"y":250,"width":4,"height":7}},{"id":"b82f93c9-6f72-490a-b8d2-f36b642ca51a","block_type":"box","text":"2","page_number":1,"box":{"x":522,"y":262,"width":6,"height":7}},{"id":"4f9eba57-c471-4766-8e7d-a621f4dbeba8","block_type":"box","text":"Growth of EUR 100,000","page_number":1,"box":{"x":517,"y":290,"width":146,"height":8}},{"id":"8c15f2ff-8611-4eec-a718-0fd3ecbb04a8","block_type":"box","text":"Calendar years","page_number":1,"box":{"x":666,"y":290,"width":88,"height":8}},{"id":"7cb78d35-0542-4deb-8dd3-0dbe1d2d84a8","block_type":"box","text":"31 Aug 2021","page_number":1,"box":{"x":553,"y":431,"width":61,"height":8}},{"id":"3202cd73-a568-43b6-85fb-caa062a01e22","block_type":"box","text":"31 Aug 2026","page_number":1,"box":{"x":877,"y":431,"width":68,"height":8}},{"id":"faf9c983-12f5-47f5-b27d-91c42e1da0fd","block_type":"box","text":"2021/2022","page_number":1,"box":{"x":546,"y":473,"width":66,"height":7}},{"id":"e526d465-9d6b-4eec-a26e-b3c719ac5120","block_type":"box","text":"2022/2023","page_number":1,"box":{"x":629,"y":473,"width":67,"height":7}},{"id":"ccaa00b2-b636-4e0e-9577-d176b05c51bb","block_type":"box","text":"2023/2024","page_number":1,"box":{"x":712,"y":473,"width":67,"height":7}},{"id":"00b1a9a5-73d7-4641-888e-462db11fbbe0","block_type":"box","text":"2024/2025","page_number":1,"box":{"x":796,"y":473,"width":68,"height":7}},{"id":"4393ff46-866a-47f8-b7c0-747872dda0c5","block_type":"box","text":"2025/2026","page_number":1,"box":{"x":878,"y":473,"width":69,"height":7}},{"id":"65895829-1cdc-44f1-9a9b-59f31310b987","block_type":"box","text":"-","page_number":1,"box":{"x":562,"y":489,"width":4,"height":1}},{"id":"775ea925-6e2c-484b-a9eb-3fb4d7de2e87","block_type":"box","text":"14.23","page_number":1,"box":{"x":567,"y":485,"width":29,"height":7}},{"id":"f0368f76-a3de-4bab-a3da-f1d887503845","block_type":"box","text":"9.12","page_number":1,"box":{"x":651,"y":485,"width":22,"height":7}},{"id":"9a20e4f3-407f-45b9-b87d-eeeb425e52b6","block_type":"box","text":"8.30","page_number":1,"box":{"x":732,"y":485,"width":26,"height":7}},{"id":"dbcbcd1e-c927-46e6-a323-33da8cd0b59c","block_type":"box","text":"6.56","page_number":1,"box":{"x":817,"y":485,"width":25,"height":7}},{"id":"660fefee-17ce-4c38-ad0e-a280221c0086","block_type":"box","text":"3.84","page_number":1,"box":{"x":900,"y":485,"width":25,"height":7}},{"id":"3ae097d7-0f75-4d61-8256-74e4e2213756","block_type":"box","text":"-","page_number":1,"box":{"x":562,"y":501,"width":4,"height":1}},{"id":"80ad030f-2fc6-4fb7-ad8c-6ba5e148d8d3","block_type":"box","text":"14.94","page_number":1,"box":{"x":567,"y":497,"width":30,"height":7}},{"id":"7a97d811-93dd-40e9-bfdf-34bac2ac3a6a","block_type":"box","text":"9.66","page_number":1,"box":{"x":650,"y":497,"width":24,"height":7}},{"id":"5b2531ec-7f61-402b-937b-71154127ef3b","block_type":"box","text":"10.14","page_number":1,"box":{"x":731,"y":497,"width":29,"height":7}},{"id":"ff87cb14-bce5-450a-a2aa-3cafb9b8a05b","block_type":"box","text":"7.74","page_number":1,"box":{"x":818,"y":497,"width":23,"height":7}},{"id":"28c210d6-4679-4c4d-9e5e-a22566128089","block_type":"box","text":"4.39","page_number":1,"box":{"x":900,"y":497,"width":25,"height":7}},{"id":"fcd35815-e443-4472-a8be-1b9ca8c124c1","block_type":"box","text":"2016","page_number":1,"box":{"x":558,"y":523,"width":29,"height":6}},{"id":"524252e0-3cf9-4867-9b96-fde1727e285e","block_type":"box","text":"2017","page_number":1,"box":{"x":600,"y":523,"width":27,"height":6}},{"id":"2441e4d9-f7fe-4ed9-b133-6d8c06038b45","block_type":"box","text":"2018","page_number":1,"box":{"x":640,"y":523,"width":28,"height":6}},{"id":"9f8e781f-599e-49e8-aa42-354e9fed8a91","block_type":"box","text":"2019","page_number":1,"box":{"x":680,"y":523,"width":28,"height":6}},{"id":"67427f70-49fb-4eed-9ccc-de5ba5d5f1f8","block_type":"box","text":"2020","page_number":1,"box":{"x":720,"y":523,"width":31,"height":6}},{"id":"20a1f168-5a75-4b27-bf36-b02077efbd57","block_type":"box","text":"2021","page_number":1,"box":{"x":761,"y":523,"width":28,"height":6}},{"id":"a423b099-1225-4655-8a33-66a95a6e1b6a","block_type":"box","text":"2022","page_number":1,"box":{"x":802,"y":523,"width":29,"height":6}},{"id":"68f8884f-d5e8-4b2a-a90b-81009a4b6003","block_type":"box","text":"2023","page_number":1,"box":{"x":842,"y":523,"width":29,"height":6}},{"id":"14c090d6-452a-4bef-958d-558b8476a436","block_type":"box","text":"2024","page_number":1,"box":{"x":883,"y":523,"width":30,"height":6}},{"id":"de6625a5-3cf2-40d8-9e1a-f89a0bdc12d7","block_type":"box","text":"2025","page_number":1,"box":{"x":918,"y":523,"width":31,"height":6}},{"id":"28e692bc-7198-4eb4-9f57-5f4f72bbc7c5","block_type":"box","text":"8.26","page_number":1,"box":{"x":561,"y":535,"width":24,"height":7}},{"id":"c0569f52-38bc-4e24-9b9b-3fdf98d707d1","block_type":"box","text":"4.97","page_number":1,"box":{"x":602,"y":535,"width":24,"height":6}},{"id":"26bb9cd8-ee47-444f-b1c5-fddaf56ebe84","block_type":"box","text":"-","page_number":1,"box":{"x":640,"y":539,"width":4,"height":0}},{"id":"70fce6f3-60ee-402a-bfbc-121b3a118c6a","block_type":"box","text":"4.36","page_number":1,"box":{"x":645,"y":535,"width":24,"height":7}},{"id":"55051df2-d0a9-4237-af19-3db7d3daa1cc","block_type":"box","text":"9.92","page_number":1,"box":{"x":682,"y":535,"width":25,"height":6}},{"id":"d7a02606-4396-4f3e-bcd2-9787dedad43d","block_type":"box","text":"1.36","page_number":1,"box":{"x":724,"y":535,"width":22,"height":7}},{"id":"a6215560-8bef-418d-ad7a-a7b809c99ee5","block_type":"box","text":"2.52","page_number":1,"box":{"x":764,"y":535,"width":24,"height":7}},{"id":"686841ef-4454-48b1-8d5f-dd1fa050bb19","block_type":"box","text":"-","page_number":1,"box":{"x":798,"y":539,"width":4,"height":0}},{"id":"087a3e59-dbbd-46af-9a3e-5edf336c3a20","block_type":"box","text":"10.04","page_number":1,"box":{"x":803,"y":535,"width":32,"height":7}},{"id":"a80985ed-5b03-478c-9461-a3c1f5ac6a6f","block_type":"box","text":"11.05","page_number":1,"box":{"x":843,"y":535,"width":28,"height":7}},{"id":"5b095402-a9c1-4ff2-a21d-91be73994e51","block_type":"box","text":"5.30","page_number":1,"box":{"x":884,"y":535,"width":26,"height":7}},{"id":"b609cdbd-20ce-4ca2-ab13-7f1bf8b571aa","block_type":"box","text":"4.73","page_number":1,"box":{"x":922,"y":535,"width":23,"height":7}},{"id":"5d1ae6be-5ca6-44a6-8067-4fe9a346ac4b","block_type":"box","text":"10.18","page_number":1,"box":{"x":559,"y":547,"width":28,"height":7}},{"id":"6375063d-a5b2-41d7-a178-48b13dcdb006","block_type":"box","text":"6.34","page_number":1,"box":{"x":601,"y":547,"width":25,"height":7}},{"id":"5f569c2d-c780-4f4e-93df-470b6fc341f0","block_type":"box","text":"-","page_number":1,"box":{"x":639,"y":551,"width":3,"height":0}},{"id":"cead6aa8-aedf-43f2-8d90-a5d0d52680aa","block_type":"box","text":"4.04","page_number":1,"box":{"x":643,"y":547,"width":27,"height":7}},{"id":"d042c53b-d39f-47c4-95bb-ad2fa7217d9c","block_type":"box","text":"10.89","page_number":1,"box":{"x":679,"y":547,"width":31,"height":7}},{"id":"782264a5-2ec2-4ebf-8260-3356fcae9d8d","block_type":"box","text":"2.18","page_number":1,"box":{"x":724,"y":547,"width":22,"height":7}},{"id":"4549a2d9-39f8-4580-99fe-40b71e6e1c01","block_type":"box","text":"3.42","page_number":1,"box":{"x":764,"y":547,"width":24,"height":7}},{"id":"1f210921-c8c1-4402-888e-90069b72cac3","block_type":"box","text":"-","page_number":1,"box":{"x":803,"y":551,"width":4,"height":0}},{"id":"5df218ad-5855-40ee-a837-08395b52c843","block_type":"box","text":"11.17","page_number":1,"box":{"x":808,"y":547,"width":23,"height":6}},{"id":"7b44315f-be09-4369-9238-dd0772b42420","block_type":"box","text":"12.18","page_number":1,"box":{"x":843,"y":547,"width":27,"height":7}},{"id":"434830b8-1f44-40d9-855e-4b6bdbb003b5","block_type":"box","text":"7.83","page_number":1,"box":{"x":885,"y":547,"width":24,"height":7}},{"id":"bbea180a-f9d3-451b-adcf-6ace7ce14436","block_type":"box","text":"5.17","page_number":1,"box":{"x":923,"y":547,"width":21,"height":7}},{"id":"1903dc53-e336-482b-8b91-dfda93218ae0","block_type":"box","text":"Risk and Reward Profile","page_number":1,"box":{"x":671,"y":35,"width":131,"height":6}},{"id":"ef22099a-bbd2-475e-aea7-068c36d9625f","block_type":"box","text":"Lower Risk","page_number":1,"box":{"x":671,"y":44,"width":59,"height":6}},{"id":"fc65ee64-721d-448a-98b9-2bd5f2f89740","block_type":"box","text":"Potentially lower reward","page_number":1,"box":{"x":671,"y":53,"width":116,"height":7}},{"id":"8fd4fac5-d1a7-4567-9ba7-346ae2b48ee2","block_type":"box","text":"Higher Risk","page_number":1,"box":{"x":890,"y":44,"width":63,"height":8}},{"id":"cb1b0d10-e879-4639-ab75-6eef4abbd7fc","block_type":"box","text":"Potentially higher reward","page_number":1,"box":{"x":831,"y":53,"width":121,"height":7}},{"id":"69dc59c5-402e-4494-a4ca-37ced248a2a9","block_type":"box","text":"Dividend History","page_number":2,"box":{"x":54,"y":112,"width":130,"height":11}},{"id":"d6bd8665-e8cc-4a7c-9ae4-d75de2059925","block_type":"box","text":"Amount","page_number":2,"box":{"x":52,"y":126,"width":44,"height":6}},{"id":"138df673-bbd0-4153-871c-076dbf57eb4b","block_type":"box","text":"Record Date","page_number":2,"box":{"x":118,"y":126,"width":68,"height":6}},{"id":"49434a0c-de1f-45df-a47f-2a3aa5c5c983","block_type":"box","text":"Payment Date","page_number":2,"box":{"x":242,"y":126,"width":78,"height":8}},{"id":"3516cf39-10b0-4d55-84e5-d95602415e0b","block_type":"box","text":"Annualised yield","page_number":2,"box":{"x":364,"y":126,"width":93,"height":8}},{"id":"908241f5-e98c-42e7-98ca-aaf02170d6c1","block_type":"box","text":"€","page_number":2,"box":{"x":52,"y":137,"width":6,"height":6}},{"id":"016f934d-2fb9-4a2d-9d28-750380d4a34f","block_type":"box","text":"0.0800","page_number":2,"box":{"x":60,"y":137,"width":36,"height":6}},{"id":"d4961306-b05d-40a4-b987-6998a6b13b54","block_type":"box","text":"13 Sep 2022","page_number":2,"box":{"x":117,"y":137,"width":61,"height":8}},{"id":"bb1ef414-4037-462d-8016-54ad5c29e297","block_type":"box","text":"28 Sep 2022","page_number":2,"box":{"x":241,"y":137,"width":62,"height":8}},{"id":"7c99beb5-8b09-406d-9f36-014e104feacc","block_type":"box","text":"3.43 %","page_number":2,"box":{"x":364,"y":137,"width":33,"height":6}},{"id":"45659f5d-b07c-4533-94e6-dd6ee2d9c77a","block_type":"box","text":"€","page_number":2,"box":{"x":52,"y":148,"width":6,"height":6}},{"id":"7cf83c49-cd13-465b-9b70-4505ceccb788","block_type":"box","text":"0.1000","page_number":2,"box":{"x":60,"y":148,"width":35,"height":6}},{"id":"2857f1b2-a1ba-4248-8dbe-5348f2a7f1c1","block_type":"box","text":"12 Sep 2023","page_number":2,"box":{"x":117,"y":148,"width":61,"height":8}},{"id":"77c92b8c-c76a-4d8a-89ce-f93efd2d2c7a","block_type":"box","text":"27 Sep 2023","page_number":2,"box":{"x":241,"y":148,"width":63,"height":8}},{"id":"fec6fa0f-a1d2-4606-ac90-05ad40e13783","block_type":"box","text":"4.18 %","page_number":2,"box":{"x":364,"y":148,"width":32,"height":6}},{"id":"106b150a-3e95-44c2-83b0-e859ccb71aa4","block_type":"box","text":"€","page_number":2,"box":{"x":52,"y":159,"width":6,"height":6}},{"id":"b2c412d4-3177-4c03-9044-aed2e9c28597","block_type":"box","text":"0.1100","page_number":2,"box":{"x":60,"y":159,"width":33,"height":6}},{"id":"8e156b4c-c831-4670-9afe-5e491c9830fe","block_type":"box","text":"10 Sep 2024","page_number":2,"box":{"x":117,"y":159,"width":63,"height":8}},{"id":"647da601-6831-405c-a5cb-7198eb8c972f","block_type":"box","text":"25 Sep 2024","page_number":2,"box":{"x":241,"y":159,"width":64,"height":8}},{"id":"93b6ab6b-5ab6-478e-a646-fde6fc646b2b","block_type":"box","text":"4.43 %","page_number":2,"box":{"x":364,"y":159,"width":33,"height":6}},{"id":"2be18ff1-0d8a-46e5-9749-bbf946b8a559","block_type":"box","text":"€","page_number":2,"box":{"x":52,"y":170,"width":6,"height":6}},{"id":"419a7b26-76b8-4e22-9bac-276bb5c50790","block_type":"box","text":"0.1200","page_number":2,"box":{"x":60,"y":170,"width":34,"height":6}},{"id":"2e81e016-002e-41a4-84d3-a5569b77dbdd","block_type":"box","text":"16 Sep 2025","page_number":2,"box":{"x":117,"y":170,"width":63,"height":7}},{"id":"c1497c44-f13d-4e36-8cd1-4767af1364eb","block_type":"box","text":"30 Sep 2025","page_number":2,"box":{"x":241,"y":170,"width":65,"height":7}},{"id":"cab22ec6-e863-4da3-8c38-b33d1ac801d7","block_type":"box","text":"4.77 %","page_number":2,"box":{"x":364,"y":170,"width":33,"height":6}},{"id":"a01a3bae-156b-4a0c-a40a-9b2d7096a666","block_type":"box","text":"€","page_number":2,"box":{"x":52,"y":181,"width":6,"height":6}},{"id":"74094ab3-6bfe-4c67-8fc5-581de7ce0796","block_type":"box","text":"0.1200","page_number":2,"box":{"x":60,"y":181,"width":34,"height":6}},{"id":"04a4194a-9c37-4c93-94fb-9e78cd45af3a","block_type":"box","text":"16 Sep 2026","page_number":2,"box":{"x":117,"y":181,"width":63,"height":7}},{"id":"827b84f4-f4b7-468d-98eb-f8e09d7697f1","block_type":"box","text":"30 Sep 2026","page_number":2,"box":{"x":241,"y":181,"width":65,"height":7}},{"id":"76d128b8-55f3-4a9c-af1b-cac4f9a7d578","block_type":"box","text":"4.93 %","page_number":2,"box":{"x":364,"y":181,"width":34,"height":6}},{"id":"ba407cb5-cc13-4964-8c02-7e2432c0f3c3","block_type":"box","text":"Portfolio analysis","page_number":2,"box":{"x":54,"y":208,"width":135,"height":11}},{"id":"21246591-3496-40b4-ab5a-50d36c066aa4","block_type":"box","text":"Measurement","page_number":2,"box":{"x":53,"y":223,"width":77,"height":6}},{"id":"fe5a9f60-8e19-43be-ad57-7969d0ae88d2","block_type":"box","text":"3 years","page_number":2,"box":{"x":298,"y":222,"width":39,"height":8}},{"id":"16616ed7-b4d4-44fe-8beb-690a960dfab3","block_type":"box","text":"5 years","page_number":2,"box":{"x":442,"y":223,"width":39,"height":7}},{"id":"c558669b-bfca-48f5-b02a-c33792ebc28b","block_type":"box","text":"Correlation","page_number":2,"box":{"x":52,"y":233,"width":60,"height":6}},{"id":"d7747460-475e-481c-be6a-30ca0ccdfe60","block_type":"box","text":"0.97","page_number":2,"box":{"x":315,"y":233,"width":23,"height":6}},{"id":"30e3d197-6b3b-4bc6-9aa5-f2c3078b7997","block_type":"box","text":"0.99","page_number":2,"box":{"x":457,"y":233,"width":24,"height":6}},{"id":"b4368c3e-8750-463c-a986-4ebbc0a43ddd","block_type":"box","text":"Alpha (%)","page_number":2,"box":{"x":52,"y":244,"width":49,"height":8}},{"id":"96891fbe-30c3-4e58-9c83-8ffe3a2b8216","block_type":"box","text":"-","page_number":2,"box":{"x":314,"y":248,"width":3,"height":0}},{"id":"509bfdab-ddd5-4445-85b9-b729e7731a9a","block_type":"box","text":"1.22","page_number":2,"box":{"x":319,"y":244,"width":19,"height":6}},{"id":"3e3a5e20-d828-42b5-b867-aec9644a7ef7","block_type":"box","text":"-","page_number":2,"box":{"x":452,"y":248,"width":4,"height":0}},{"id":"247179be-1d73-4697-b098-3a9155269a57","block_type":"box","text":"0.60","page_number":2,"box":{"x":457,"y":244,"width":24,"height":6}},{"id":"ab319694-7f3c-4c4a-a3b7-d4b85b2cd008","block_type":"box","text":"Beta","page_number":2,"box":{"x":53,"y":255,"width":24,"height":6}},{"id":"ad5ec00d-a387-40b4-a2b6-92b08c56fe8b","block_type":"box","text":"0.92","page_number":2,"box":{"x":315,"y":255,"width":23,"height":6}},{"id":"bfe7fb58-898f-4b41-b599-f0b7a47c17b3","block_type":"box","text":"0.93","page_number":2,"box":{"x":458,"y":255,"width":23,"height":6}},{"id":"bfbcdaf6-1609-4a27-84da-976460143282","block_type":"box","text":"Annualised volatility (%)","page_number":2,"box":{"x":52,"y":266,"width":123,"height":8}},{"id":"79d4df8f-a1a8-4e4a-9b65-db7af6af5e29","block_type":"box","text":"3.09","page_number":2,"box":{"x":315,"y":266,"width":23,"height":6}},{"id":"98b1a8c0-5cf4-406d-ad87-8eed88b8ec04","block_type":"box","text":"6.05","page_number":2,"box":{"x":457,"y":266,"width":24,"height":6}},{"id":"68f32fe4-ed8c-4f00-8d2e-35c8fab0fde0","block_type":"box","text":"Sharpe ratio","page_number":2,"box":{"x":52,"y":277,"width":67,"height":7}},{"id":"b632a066-cfd0-4d08-97ef-7b925a77581b","block_type":"box","text":"0.87","page_number":2,"box":{"x":316,"y":277,"width":22,"height":6}},{"id":"5b11b9be-ea2b-4d72-9a9a-4f9e56fbd19f","block_type":"box","text":"0.05","page_number":2,"box":{"x":457,"y":277,"width":24,"height":6}},{"id":"6593e025-e72a-4edb-8808-8e44d63239a3","block_type":"box","text":"Tracking error (%)","page_number":2,"box":{"x":52,"y":288,"width":96,"height":7}},{"id":"dccfd490-5c13-415a-8f5b-5aa07585c9e9","block_type":"box","text":"0.76","page_number":2,"box":{"x":315,"y":288,"width":23,"height":6}},{"id":"e1f2ba07-c803-4d3c-a83e-cb6a78643db1","block_type":"box","text":"0.94","page_number":2,"box":{"x":458,"y":288,"width":23,"height":6}},{"id":"904bd91e-aeb5-4c17-8578-64b333a8b929","block_type":"box","text":"Information ratio","page_number":2,"box":{"x":53,"y":299,"width":89,"height":6}},{"id":"e1625918-6c72-424b-a8ca-38a03d53805b","block_type":"box","text":"-","page_number":2,"box":{"x":313,"y":302,"width":3,"height":1}},{"id":"3e2a0b48-7cf4-40dd-a5b5-ee3f1284f5df","block_type":"box","text":"1.63","page_number":2,"box":{"x":317,"y":299,"width":21,"height":6}},{"id":"b3878978-a5e0-47d2-b579-036fcd5a10b9","block_type":"box","text":"-","page_number":2,"box":{"x":454,"y":302,"width":3,"height":1}},{"id":"19c3fd2e-8d59-444d-b80a-aa6822b82620","block_type":"box","text":"0.67","page_number":2,"box":{"x":458,"y":299,"width":23,"height":6}},{"id":"3ccbf173-41bb-4a1f-8dab-b68198ece009","block_type":"box","text":"Holdings","page_number":2,"box":{"x":54,"y":326,"width":70,"height":11}},{"id":"00f7821b-cf6d-4ba5-93d1-98c958daa3d3","block_type":"box","text":"TOP 10","page_number":2,"box":{"x":53,"y":346,"width":36,"height":6}},{"id":"a150670e-0b94-46d3-8218-af9720d4997d","block_type":"box","text":"Coupon","page_number":2,"box":{"x":261,"y":341,"width":42,"height":8}},{"id":"42d4ea46-20cc-46f4-8a12-e1b64cdedbc3","block_type":"box","text":"rate","page_number":2,"box":{"x":261,"y":352,"width":22,"height":5}},{"id":"849aa7ee-7f20-40fe-b12f-3c913133b8d6","block_type":"box","text":"Maturity","page_number":2,"box":{"x":367,"y":341,"width":48,"height":8}},{"id":"4d6cdbcf-4bdc-4b6c-9a1d-d98c472702b6","block_type":"box","text":"date","page_number":2,"box":{"x":389,"y":351,"width":25,"height":6}},{"id":"12bb798b-d091-4f8c-ab8d-ccdade498898","block_type":"box","text":"%of","page_number":2,"box":{"x":455,"y":341,"width":20,"height":6}},{"id":"e23e3222-fba7-48d6-9734-d22d786a9627","block_type":"box","text":"assets","page_number":2,"box":{"x":439,"y":352,"width":36,"height":5}},{"id":"96ba149c-3b53-4354-9e6d-0628e916e767","block_type":"box","text":"Telefonica (Netherlands)","page_number":2,"box":{"x":53,"y":364,"width":131,"height":7}},{"id":"f6c34ee1-24eb-43f9-847f-367a9d6ff2db","block_type":"box","text":"6.135","page_number":2,"box":{"x":260,"y":364,"width":28,"height":6}},{"id":"74a93af7-2875-4110-8dc9-212771704b50","block_type":"box","text":"30/09/2076","page_number":2,"box":{"x":350,"y":364,"width":65,"height":6}},{"id":"dafa1d33-b097-4763-9e0a-9d2d56142bae","block_type":"box","text":"1.6","page_number":2,"box":{"x":461,"y":364,"width":14,"height":6}},{"id":"5b7c041a-64a1-444e-85c9-a5bd7fc08dab","block_type":"box","text":"Forvia SE (France)","page_number":2,"box":{"x":54,"y":376,"width":95,"height":8}},{"id":"5a4fdc45-9702-4495-82eb-d19067f5294a","block_type":"box","text":"5.625","page_number":2,"box":{"x":261,"y":376,"width":29,"height":6}},{"id":"ff5c1456-b95a-4cdc-a625-95dcc265663d","block_type":"box","text":"15/06/2030","page_number":2,"box":{"x":352,"y":376,"width":62,"height":6}},{"id":"13f8e4dc-4ff0-4a91-a61a-371dcc3903ec","block_type":"box","text":"1.3","page_number":2,"box":{"x":462,"y":376,"width":13,"height":6}},{"id":"fd06a95c-95b8-4f85-a30a-f2758ba3cb54","block_type":"box","text":"Next Alt (France)","page_number":2,"box":{"x":54,"y":389,"width":84,"height":8}},{"id":"84c77573-b1bb-4d30-8533-271b3f38e762","block_type":"box","text":"7.250","page_number":2,"box":{"x":260,"y":389,"width":29,"height":6}},{"id":"0159ebb0-3f6c-4337-b498-667ecf3b36e0","block_type":"box","text":"01/11/2029","page_number":2,"box":{"x":357,"y":389,"width":58,"height":6}},{"id":"bdbca6ee-c428-4d7a-8314-f242a0eb5a52","block_type":"box","text":"1.1","page_number":2,"box":{"x":463,"y":389,"width":11,"height":6}},{"id":"491f615d-0545-4b33-906b-7c58e4c4b54c","block_type":"box","text":"VodafoneZiggo (Netherlands)","page_number":2,"box":{"x":53,"y":401,"width":159,"height":8}},{"id":"2cad6e18-ffdf-407d-9287-d678e47b841b","block_type":"box","text":"2.875","page_number":2,"box":{"x":260,"y":401,"width":28,"height":7}},{"id":"b3b0d793-94aa-4c66-ad15-72ba76f5f82e","block_type":"box","text":"15/01/2029","page_number":2,"box":{"x":354,"y":401,"width":61,"height":7}},{"id":"2101712d-fb25-4ced-bdb8-f50b5e4319e7","block_type":"box","text":"1.1","page_number":2,"box":{"x":463,"y":401,"width":11,"height":6}},{"id":"11bb885d-bb73-461b-bcd0-24de2db50e5a","block_type":"box","text":"RAC (United Kingdom)","page_number":2,"box":{"x":54,"y":414,"width":115,"height":8}},{"id":"76d76966-b190-4f06-b662-0079b4f803ed","block_type":"box","text":"5.250","page_number":2,"box":{"x":261,"y":414,"width":29,"height":6}},{"id":"996ff21d-82bd-4f58-adba-18956867101e","block_type":"box","text":"04/11/2027","page_number":2,"box":{"x":357,"y":414,"width":58,"height":6}},{"id":"c17da9a7-e63f-48c2-9ed8-b279afdbac53","block_type":"box","text":"1.0","page_number":2,"box":{"x":461,"y":414,"width":14,"height":6}},{"id":"92c0a952-885c-4a6c-bfbe-62ad54aca5d9","block_type":"box","text":"Federal Republic of Germany","page_number":2,"box":{"x":54,"y":426,"width":155,"height":8}},{"id":"d92170f1-e7c5-4b38-a3f5-24a6267152c6","block_type":"box","text":"(Germany)","page_number":2,"box":{"x":54,"y":437,"width":56,"height":7}},{"id":"fe9ceafa-0310-4b36-8639-b973cbe19118","block_type":"box","text":"2.400","page_number":2,"box":{"x":260,"y":431,"width":29,"height":7}},{"id":"81fde4c9-976e-4147-8346-aef9a9efa7f0","block_type":"box","text":"15/11/2030","page_number":2,"box":{"x":356,"y":431,"width":59,"height":7}},{"id":"8044aa33-c83c-48a9-8673-3997affbfeaf","block_type":"box","text":"1.0","page_number":2,"box":{"x":461,"y":431,"width":14,"height":7}},{"id":"a33bd1ca-ca54-4835-8a4d-79fe8f1d90ca","block_type":"box","text":"Bayer Aktiengesellschaft (Germany)","page_number":2,"box":{"x":54,"y":449,"width":193,"height":8}},{"id":"b3a98d7b-4c32-4f04-b239-348b8af3e7b0","block_type":"box","text":"6.625","page_number":2,"box":{"x":260,"y":449,"width":30,"height":6}},{"id":"bb7b3154-e417-429c-b079-72df154e4bce","block_type":"box","text":"25/09/2083","page_number":2,"box":{"x":351,"y":449,"width":64,"height":6}},{"id":"812490dc-e5f9-4b2e-8cf0-2c03b4c9721c","block_type":"box","text":"1.0","page_number":2,"box":{"x":461,"y":449,"width":14,"height":6}},{"id":"e5ddbf7c-203a-49bd-9296-18a500d82d68","block_type":"box","text":"Vodafone (United Kingdom)","page_number":2,"box":{"x":53,"y":462,"width":147,"height":7}},{"id":"9cfce286-221b-4f66-b396-dd63ded2dc4e","block_type":"box","text":"4.200","page_number":2,"box":{"x":260,"y":462,"width":29,"height":6}},{"id":"394db6ac-ae0e-4db8-9311-7fffaa0de359","block_type":"box","text":"03/10/2078","page_number":2,"box":{"x":354,"y":462,"width":61,"height":6}},{"id":"ff26d5d6-59a3-4fc0-aef5-58b246a5828a","block_type":"box","text":"0.9","page_number":2,"box":{"x":458,"y":462,"width":17,"height":6}},{"id":"8e031b5d-5559-448c-88f2-f387bbed1d1a","block_type":"box","text":"Electricite de France (France)","page_number":2,"box":{"x":54,"y":474,"width":154,"height":8}},{"id":"25e8c45b-efc0-4ad7-ac28-fcceade05ae0","block_type":"box","text":"3.375","page_number":2,"box":{"x":260,"y":474,"width":28,"height":6}},{"id":"71a40286-c69f-453b-8af2-9573df6c58d7","block_type":"box","text":"30/09/2076","page_number":2,"box":{"x":350,"y":474,"width":65,"height":6}},{"id":"e442b34a-72bd-474f-85ff-1f50065e9b74","block_type":"box","text":"0.9","page_number":2,"box":{"x":458,"y":474,"width":17,"height":6}},{"id":"42ab81b6-c8ff-41eb-bafe-e45edafd8937","block_type":"box","text":"Agrifarma (Italy)","page_number":2,"box":{"x":53,"y":487,"width":85,"height":7}},{"id":"1b845163-f1d4-4b89-911d-adec3ef68dcf","block_type":"box","text":"4.500","page_number":2,"box":{"x":260,"y":487,"width":30,"height":6}},{"id":"d5e69b6f-5fb0-406e-8fc8-c0b2be3466e1","block_type":"box","text":"31/10/2028","page_number":2,"box":{"x":356,"y":487,"width":59,"height":6}},{"id":"24609934-08a6-41c9-a498-8605825b85f1","block_type":"box","text":"0.9","page_number":2,"box":{"x":458,"y":487,"width":17,"height":6}},{"id":"9b514fca-c07e-4d9f-b0ce-637339e3030d","block_type":"box","text":"Bond quality breakdown (%)","page_number":2,"box":{"x":525,"y":128,"width":154,"height":8}},{"id":"68507600-2408-48a6-bc7e-55af67807ca2","block_type":"box","text":"AAA: 5.04%","page_number":2,"box":{"x":523,"y":140,"width":59,"height":6}},{"id":"cab40e28-cdea-4bcb-94d7-04c100cbf969","block_type":"box","text":"Corporate Bonds: 94.84%","page_number":2,"box":{"x":737,"y":140,"width":138,"height":7}},{"id":"6c1a995f-7c10-4641-a246-bd4f76e9bda5","block_type":"box","text":"BBB: 3.74%","page_number":2,"box":{"x":524,"y":151,"width":60,"height":6}},{"id":"4d1b1427-ba56-4b22-885c-891cdd16ca30","block_type":"box","text":"Average duration: 2.76 yrs","page_number":2,"box":{"x":737,"y":151,"width":141,"height":7}},{"id":"e7302929-3812-492c-bad7-827eb838ba25","block_type":"box","text":"< BBB: 89.84%","page_number":2,"box":{"x":523,"y":161,"width":76,"height":7}},{"id":"bd1b59f4-b1b2-4536-ad0d-bd90543830de","block_type":"box","text":"Yield to maturity: 5.86%","page_number":2,"box":{"x":737,"y":161,"width":124,"height":8}},{"id":"2ddd6487-6561-45af-8457-afd1af024199","block_type":"box","text":"Non Rated: 1.37%","page_number":2,"box":{"x":524,"y":172,"width":90,"height":6}},{"id":"e1e7d3a2-353a-4777-b391-9941a4f08d59","block_type":"box","text":"Average maturity: 3.24 yrs","page_number":2,"box":{"x":737,"y":172,"width":139,"height":8}},{"id":"33ec5ef0-f650-43bf-8895-d91253a121f8","block_type":"box","text":"The shown yield","page_number":2,"box":{"x":524,"y":188,"width":93,"height":9}},{"id":"ea87d9c4-7856-4201-84cc-ebfb8ced8adf","block_type":"box","text":"-","page_number":2,"box":{"x":619,"y":192,"width":4,"height":1}},{"id":"e18e81cf-64b8-4892-bc9a-c1ff2960b6b9","block_type":"box","text":"to","page_number":2,"box":{"x":623,"y":189,"width":11,"height":6}},{"id":"7fdac780-48f5-4bf6-88ae-f087c0a2ddbc","block_type":"box","text":"-","page_number":2,"box":{"x":635,"y":192,"width":3,"height":1}},{"id":"bbe7aaa1-a705-4266-a516-53e3de6c43cc","block_type":"box","text":"maturity is calculated as of 31/08/26 and does not","page_number":2,"box":{"x":640,"y":188,"width":292,"height":9}},{"id":"beac71e7-002f-40e7-ae30-3312dc189842","block_type":"box","text":"take into account costs, changes in the portfolio, market fluctuations and","page_number":2,"box":{"x":524,"y":199,"width":426,"height":9}},{"id":"5e087195-5264-4582-996d-cd378d66dc5b","block_type":"box","text":"potential defaults. The yield to maturity is an indication only and is","page_number":2,"box":{"x":525,"y":210,"width":383,"height":9}},{"id":"f910d6f9-1b15-4cfa-a0c2-8e705e0e20e8","block_type":"box","text":"subject to change.","page_number":2,"box":{"x":524,"y":221,"width":109,"height":9}},{"id":"1b9c6fc0-61fd-4ae1-a52b-b25428f0a90f","block_type":"box","text":"Figures shown may not add up to 100 due to rounding.","page_number":2,"box":{"x":525,"y":238,"width":319,"height":8}},{"id":"31fcdc0b-7d74-417e-a788-4d5a50b778f3","block_type":"box","text":"Regions (%)","page_number":2,"box":{"x":525,"y":266,"width":62,"height":8}},{"id":"f9852a11-c5d9-456e-803b-439d5990ac65","block_type":"box","text":"Compared to benchmark","page_number":2,"box":{"x":807,"y":266,"width":140,"height":8}},{"id":"028a3d30-b0f9-448a-a561-c2b4b6166cd0","block_type":"box","text":"Core Europe","page_number":2,"box":{"x":523,"y":278,"width":69,"height":7}},{"id":"9859a15b-7ac1-4439-8a94-0802c6bf5e27","block_type":"box","text":"46.2","page_number":2,"box":{"x":741,"y":278,"width":22,"height":6}},{"id":"823a857e-e49b-4c7f-9ed1-f5f7ce6037c3","block_type":"box","text":"-","page_number":2,"box":{"x":928,"y":281,"width":4,"height":1}},{"id":"54f981dc-c438-401f-a817-cf53e26404e2","block_type":"box","text":"9.3","page_number":2,"box":{"x":933,"y":278,"width":16,"height":6}},{"id":"ec897e94-fadc-4984-a20d-fc9a7b32ca6c","block_type":"box","text":"GIIPS","page_number":2,"box":{"x":523,"y":288,"width":29,"height":7}},{"id":"ae0e681a-08cd-4904-8f4c-acfb50f2115c","block_type":"box","text":"22.9","page_number":2,"box":{"x":741,"y":288,"width":22,"height":7}},{"id":"5ceca225-e1e6-4024-b7e5-b44a18cf2889","block_type":"box","text":"+3.4","page_number":2,"box":{"x":927,"y":288,"width":22,"height":7}},{"id":"01fa93bb-f4f8-448c-b7c2-005a6270e43f","block_type":"box","text":"North America","page_number":2,"box":{"x":524,"y":299,"width":77,"height":7}},{"id":"3a7069a9-524f-4957-a8d6-9d42cdbc593e","block_type":"box","text":"15.9","page_number":2,"box":{"x":741,"y":299,"width":21,"height":7}},{"id":"e8f6fa7b-67a8-40d4-81f6-0976c6e4ba34","block_type":"box","text":"+2.5","page_number":2,"box":{"x":926,"y":299,"width":22,"height":7}},{"id":"47745a88-8200-4b88-b944-34051e44e788","block_type":"box","text":"UK","page_number":2,"box":{"x":524,"y":310,"width":13,"height":6}},{"id":"4e98d801-7223-4510-98ef-5ab55701bdc4","block_type":"box","text":"12.6","page_number":2,"box":{"x":742,"y":310,"width":20,"height":6}},{"id":"626f0309-85e2-4daf-abad-5654421a6b64","block_type":"box","text":"+3.2","page_number":2,"box":{"x":927,"y":310,"width":21,"height":6}},{"id":"195580d4-1954-498d-9c97-18de3319eb51","block_type":"box","text":"Eastern Europe","page_number":2,"box":{"x":524,"y":321,"width":83,"height":8}},{"id":"9bcbd7a2-0856-4801-936f-6b9a7da57ca5","block_type":"box","text":"1.1","page_number":2,"box":{"x":751,"y":321,"width":11,"height":6}},{"id":"54b3f81e-ddb7-46fd-babe-0e3ab15d9d58","block_type":"box","text":"-","page_number":2,"box":{"x":928,"y":325,"width":4,"height":0}},{"id":"6ef2c4bc-e3e2-4260-bb4d-277fa571744d","block_type":"box","text":"0.3","page_number":2,"box":{"x":933,"y":321,"width":16,"height":6}},{"id":"8a902c12-42f2-40a7-9971-4cebf98da98f","block_type":"box","text":"Other","page_number":2,"box":{"x":523,"y":332,"width":30,"height":6}},{"id":"1a37505d-ef1b-4b63-99c2-b8b82a2367d5","block_type":"box","text":"1.3","page_number":2,"box":{"x":749,"y":332,"width":13,"height":6}},{"id":"58c18af6-26fe-4a62-8a83-f296c1b68cac","block_type":"box","text":"+0.5","page_number":2,"box":{"x":925,"y":332,"width":23,"height":6}},{"id":"aa542f6e-b355-4219-a86d-0e7da442a852","block_type":"box","text":"Figures shown may not add up to 100 due to rounding.","page_number":2,"box":{"x":525,"y":348,"width":319,"height":9}},{"id":"12e021b8-4963-4607-aba1-3b5410128cf4","block_type":"box","text":"Sectors (%)","page_number":2,"box":{"x":524,"y":376,"width":62,"height":8}},{"id":"9b72032d-e16b-42ff-a718-45ef2b98fd4b","block_type":"box","text":"Compared to benchmark","page_number":2,"box":{"x":807,"y":376,"width":140,"height":8}},{"id":"d0a78928-fc09-458d-a486-1de8518da171","block_type":"box","text":"Telecommunications","page_number":2,"box":{"x":523,"y":388,"width":112,"height":6}},{"id":"b71bd94d-4bda-4bb2-aaea-1e17d2f051f1","block_type":"box","text":"17.9","page_number":2,"box":{"x":742,"y":388,"width":20,"height":6}},{"id":"84c931ab-8a6a-4139-bb7c-439384d67189","block_type":"box","text":"+0.6","page_number":2,"box":{"x":925,"y":388,"width":23,"height":6}},{"id":"4c244f28-3953-4baa-8c33-83c490d38c08","block_type":"box","text":"Automotive","page_number":2,"box":{"x":523,"y":399,"width":61,"height":6}},{"id":"eb2fe37b-8f81-4164-8a11-0373fe7423cf","block_type":"box","text":"11.2","page_number":2,"box":{"x":745,"y":399,"width":17,"height":6}},{"id":"38305e94-5877-419b-85b7-621b5efa09c5","block_type":"box","text":"-","page_number":2,"box":{"x":928,"y":403,"width":4,"height":0}},{"id":"305d981c-af78-4972-8a7c-522a19fce04b","block_type":"box","text":"0.2","page_number":2,"box":{"x":933,"y":399,"width":15,"height":6}},{"id":"170e213f-0556-457b-ae27-126cfc6ff9ae","block_type":"box","text":"Healthcare","page_number":2,"box":{"x":524,"y":410,"width":59,"height":6}},{"id":"52c5ebbb-5c13-456e-a173-0ab653a4785b","block_type":"box","text":"9.9","page_number":2,"box":{"x":746,"y":410,"width":16,"height":6}},{"id":"5b9c68ca-40b3-4867-92b8-37fdf55eeef7","block_type":"box","text":"+1.7","page_number":2,"box":{"x":928,"y":410,"width":20,"height":6}},{"id":"18274589-6f88-41a1-8ac4-4f0ad27ed36e","block_type":"box","text":"Capital Goods","page_number":2,"box":{"x":523,"y":421,"width":75,"height":7}},{"id":"f4099eae-511f-4e61-aaa8-1cf0f6ccec4f","block_type":"box","text":"8.8","page_number":2,"box":{"x":748,"y":421,"width":15,"height":6}},{"id":"eb56b8c9-c120-4ac4-a912-7488c40b2f5e","block_type":"box","text":"+3.0","page_number":2,"box":{"x":926,"y":421,"width":22,"height":6}},{"id":"95af6198-3064-4a56-984b-713fd489979b","block_type":"box","text":"Basic Industry","page_number":2,"box":{"x":524,"y":432,"width":76,"height":7}},{"id":"9db0d133-2d1b-4d9a-b1a3-6e758a05abe4","block_type":"box","text":"7.8","page_number":2,"box":{"x":748,"y":431,"width":15,"height":7}},{"id":"89b34b50-dce7-4753-915d-7c3a6d079e91","block_type":"box","text":"-","page_number":2,"box":{"x":931,"y":435,"width":3,"height":1}},{"id":"b1f50147-f356-4ea4-8a6c-9ab74bc57068","block_type":"box","text":"1.2","page_number":2,"box":{"x":935,"y":431,"width":13,"height":7}},{"id":"2a0f7d7c-ba8f-4829-bf87-662d7546dc3e","block_type":"box","text":"Retail","page_number":2,"box":{"x":524,"y":442,"width":27,"height":7}},{"id":"062118cc-ad45-4b42-a243-f14d2084dadc","block_type":"box","text":"7.0","page_number":2,"box":{"x":746,"y":442,"width":17,"height":7}},{"id":"329a6f18-1537-4ce0-9444-271fd12ecbbb","block_type":"box","text":"+1.8","page_number":2,"box":{"x":928,"y":442,"width":20,"height":7}},{"id":"a46b7c72-afe3-4b9b-af7a-20f596755520","block_type":"box","text":"Leisure","page_number":2,"box":{"x":524,"y":453,"width":39,"height":6}},{"id":"ed2d7d00-65e5-40c1-9e64-96fbbf8adc04","block_type":"box","text":"6.3","page_number":2,"box":{"x":747,"y":453,"width":16,"height":6}},{"id":"daa4a618-2a33-4f5b-ac3a-8d8d15286c16","block_type":"box","text":"+1.1","page_number":2,"box":{"x":929,"y":453,"width":19,"height":6}},{"id":"1f965a3d-f1b2-4b89-b8ba-d68fc95dbf6b","block_type":"box","text":"Utilities","page_number":2,"box":{"x":524,"y":464,"width":35,"height":6}},{"id":"dbced2c9-c2a4-4fb7-a97d-5b53132f6fff","block_type":"box","text":"5.8","page_number":2,"box":{"x":747,"y":464,"width":16,"height":6}},{"id":"19561f99-41ad-4bb2-8369-7306fa8a6db3","block_type":"box","text":"-","page_number":2,"box":{"x":931,"y":468,"width":3,"height":0}},{"id":"f14f85d5-4952-47fc-9e71-a37d3bf91f73","block_type":"box","text":"3.1","page_number":2,"box":{"x":935,"y":464,"width":13,"height":6}},{"id":"f5f19bb5-9138-4e1b-8b60-c282a8e37a95","block_type":"box","text":"Banking","page_number":2,"box":{"x":524,"y":475,"width":44,"height":8}},{"id":"237c1bb1-d2ba-45e5-b7d5-f81d8c43a0c7","block_type":"box","text":"4.5","page_number":2,"box":{"x":747,"y":475,"width":15,"height":6}},{"id":"b7649e6d-5be9-41bf-8c16-2f6e62e97b79","block_type":"box","text":"+4.5","page_number":2,"box":{"x":926,"y":475,"width":22,"height":6}},{"id":"374c8d70-fcde-4092-936f-741c590ddd1f","block_type":"box","text":"Services","page_number":2,"box":{"x":523,"y":486,"width":45,"height":6}},{"id":"5d7b8e05-a598-4b03-83a5-06d82f66b187","block_type":"box","text":"3.9","page_number":2,"box":{"x":747,"y":486,"width":15,"height":6}},{"id":"c3defaf7-eac8-4a5c-9998-356a60549ac5","block_type":"box","text":"-","page_number":2,"box":{"x":928,"y":489,"width":4,"height":1}},{"id":"fcf2ed29-56e4-4b92-b9c5-cba6fb42300a","block_type":"box","text":"3.6","page_number":2,"box":{"x":933,"y":486,"width":15,"height":6}},{"id":"886f7597-7858-4172-9a81-1630b8f033d1","block_type":"box","text":"Others","page_number":2,"box":{"x":523,"y":497,"width":36,"height":6}},{"id":"3d88de75-de07-4b4c-8076-24fb6ac57e0b","block_type":"box","text":"13.3","page_number":2,"box":{"x":743,"y":497,"width":20,"height":6}},{"id":"c4624da6-2ff5-4e07-9b2f-15d1cf6f5f28","block_type":"box","text":"-","page_number":2,"box":{"x":929,"y":500,"width":4,"height":1}},{"id":"403c90cd-7b77-48cc-98fd-cf317cbd3628","block_type":"box","text":"8.2","page_number":2,"box":{"x":934,"y":497,"width":14,"height":6}},{"id":"8844a962-f716-4ca0-a8a8-08a4f34d3a33","block_type":"box","text":"Cash","page_number":2,"box":{"x":523,"y":508,"width":27,"height":6}},{"id":"eebc70ba-f70f-4d29-a7b0-7290e40316fa","block_type":"box","text":"3.6","page_number":2,"box":{"x":747,"y":508,"width":15,"height":6}},{"id":"c5da16f7-1529-42a4-92a0-b6fa1a633740","block_type":"box","text":"+3.6","page_number":2,"box":{"x":926,"y":508,"width":22,"height":6}},{"id":"dd7a5af6-d706-4fb9-8ecb-4933e9ff32d8","block_type":"box","text":"Figures shown may not add up to 100 due to rounding.","page_number":2,"box":{"x":525,"y":524,"width":319,"height":8}},{"id":"301e2c67-77b3-4f1f-b10b-64c6165cf810","block_type":"box","text":"Page 2 of 3 | Factsheet","page_number":2,"box":{"x":53,"y":45,"width":127,"height":7}},{"id":"129c6672-8e7d-456e-a2f6-7ebfd58063f6","block_type":"box","text":"| 31 August 2026","page_number":2,"box":{"x":185,"y":45,"width":85,"height":7}},{"id":"fcc2567e-3f2d-4ad1-b225-d95be62a2013","block_type":"box","text":"Class: JPM Europe High Yield Bond A (dist)","page_number":2,"box":{"x":691,"y":45,"width":228,"height":7}},{"id":"8062367e-3612-43bd-9997-abdedcf775ce","block_type":"box","text":"-","page_number":2,"box":{"x":923,"y":48,"width":3,"height":1}},{"id":"d1081f01-948a-4e4d-b98b-9712753b7e82","block_type":"box","text":"EUR","page_number":2,"box":{"x":931,"y":45,"width":21,"height":6}},{"id":"5f40d297-d6b5-4296-806a-8077496be631","block_type":"box","text":"Before investing, obtain and review the current prospectus,","page_number":3,"box":{"x":63,"y":468,"width":381,"height":9}},{"id":"73fa6d16-8dbf-49e0-8435-13ad8e1bf661","block_type":"box","text":"Key Investor Information Document (KIID), and any applicable local","page_number":3,"box":{"x":63,"y":478,"width":418,"height":9}},{"id":"0fa601bb-215a-40b4-bfd6-73d805ebd317","block_type":"box","text":"offering document. These documents as well as the sustainability","page_number":3,"box":{"x":62,"y":489,"width":416,"height":9}},{"id":"c98e3e17-c147-453b-b5fc-90097806f166","block_type":"box","text":"related disclosures, annual and semi","page_number":3,"box":{"x":63,"y":500,"width":234,"height":8}},{"id":"08f3daaa-b2e5-48ad-ab79-732765e4dbc8","block_type":"box","text":"-","page_number":3,"box":{"x":299,"y":503,"width":4,"height":1}},{"id":"2fa3b4b1-ed7a-40aa-a747-68c807000884","block_type":"box","text":"annual reports and the","page_number":3,"box":{"x":304,"y":500,"width":147,"height":8}},{"id":"6f13b5c2-d3e4-45ac-b832-ac4143268384","block_type":"box","text":"articles of incorporation, are available in English from your","page_number":3,"box":{"x":62,"y":510,"width":370,"height":9}},{"id":"e5951a67-70b3-4d41-8460-0f5b9a4f5c06","block_type":"box","text":"financial adviser, your J.P. Morgan Asset Management regional","page_number":3,"box":{"x":62,"y":521,"width":405,"height":8}},{"id":"81d1398c-6218-45db-a846-c5f8a8991372","block_type":"box","text":"contact, the fund","page_number":3,"box":{"x":62,"y":531,"width":109,"height":9}},{"id":"03ba8e1e-dee0-41e6-bc2a-c3903ea34812","block_type":"box","text":"’","page_number":3,"box":{"x":173,"y":531,"width":3,"height":3}},{"id":"c2fa420a-3b0c-4943-9131-55919a9d6eb6","block_type":"box","text":"s issuer (see below) or at","page_number":3,"box":{"x":177,"y":531,"width":156,"height":9}},{"id":"877bb4fd-61b9-4a41-97b5-0ddb5b6edd15","block_type":"box","text":"https://am.jpmorgan.com/gb/en/asset","page_number":3,"box":{"x":63,"y":542,"width":261,"height":9}},{"id":"a7682f9f-da5e-48c3-9b88-43fb03784452","block_type":"box","text":"-","page_number":3,"box":{"x":326,"y":546,"width":4,"height":1}},{"id":"7d089a13-acb5-4072-9ac4-9cf1eb41b710","block_type":"box","text":"management/per/.  A","page_number":3,"box":{"x":332,"y":542,"width":140,"height":9}},{"id":"96dc0b9a-1660-4720-9f68-0bd3d18441ca","block_type":"box","text":"summary of investor rights is available in English","page_number":3,"box":{"x":62,"y":552,"width":311,"height":9}},{"id":"86d4b974-eaf1-468a-a28f-78f57c2411ac","block_type":"box","text":"at","page_number":3,"box":{"x":62,"y":563,"width":12,"height":7}},{"id":"906dbbb0-aa76-4b14-a1c6-e2d9506b0fa5","block_type":"box","text":"https://am.jpmorgan.com/lu/investor","page_number":3,"box":{"x":78,"y":563,"width":249,"height":9}},{"id":"7d4f59a6-104a-47fa-96c4-897165cd0ffe","block_type":"box","text":"-","page_number":3,"box":{"x":329,"y":567,"width":4,"height":1}},{"id":"377a1335-8c35-49e0-8fa0-490e61438426","block_type":"box","text":"rights","page_number":3,"box":{"x":335,"y":563,"width":37,"height":9}},{"id":"88b2eace-6ecd-4d2b-bc01-2f7d3c2f161e","block_type":"box","text":". J.P. Morgan","page_number":3,"box":{"x":374,"y":563,"width":84,"height":9}},{"id":"2884ddc3-7e45-4f9d-8011-7737a4eb7c05","block_type":"box","text":"Asset Management may decide to terminate the arrangements","page_number":3,"box":{"x":62,"y":573,"width":398,"height":9}},{"id":"708a7151-89e5-4cb5-b448-af9cbabd92fc","block_type":"box","text":"made for the marketing of its collective investment undertakings.","page_number":3,"box":{"x":63,"y":584,"width":412,"height":9}},{"id":"359167e7-2207-4a4e-895c-3927304f6959","block_type":"box","text":"This material should not be considered as advice or an investment","page_number":3,"box":{"x":62,"y":595,"width":404,"height":6}},{"id":"fda173b0-e62a-424c-a8a9-8dd2c19f429f","block_type":"box","text":"recommendation. Fund holdings and performance are likely to have","page_number":3,"box":{"x":63,"y":605,"width":412,"height":9}},{"id":"9db6dfcc-321c-4766-bbb9-acd0881db0f3","block_type":"box","text":"changed since the report date.","page_number":3,"box":{"x":63,"y":616,"width":186,"height":8}},{"id":"a8767235-66be-473d-bc26-9019c715883e","block_type":"box","text":"To the extent permitted by applicable law, we may record telephone","page_number":3,"box":{"x":62,"y":626,"width":401,"height":9}},{"id":"0f66f90b-b4bc-4f69-b14c-8775b0993ce7","block_type":"box","text":"calls and monitor electronic communications to comply with our","page_number":3,"box":{"x":63,"y":637,"width":392,"height":8}},{"id":"4af4f844-6383-4cc6-a46b-423c8e429afd","block_type":"box","text":"legal and regulatory obligations and internal policies. Personal data","page_number":3,"box":{"x":63,"y":647,"width":405,"height":9}},{"id":"d00100ce-6ab7-45e7-81b5-ddf10c11af74","block_type":"box","text":"will be collected, stored and processed by J.P. Morgan Asset","page_number":3,"box":{"x":62,"y":658,"width":358,"height":9}},{"id":"fa379354-4477-43d9-9b79-cfef2ecc389c","block_type":"box","text":"Management in accordance with our EMEA Privacy","page_number":3,"box":{"x":63,"y":668,"width":305,"height":9}},{"id":"650d1226-328e-475d-ad25-0e706cfbc406","block_type":"box","text":"Policy","page_number":3,"box":{"x":63,"y":679,"width":33,"height":9}},{"id":"5035b892-0b2f-46aa-a800-bc9d618e3c67","block_type":"box","text":"www.jpmorgan.com/emea","page_number":3,"box":{"x":100,"y":679,"width":159,"height":9}},{"id":"c96b7d49-1d19-4b62-809f-8b90764c07d9","block_type":"box","text":"-","page_number":3,"box":{"x":260,"y":683,"width":4,"height":1}},{"id":"006af167-a68e-44fa-9dc0-56225c3e878d","block_type":"box","text":"privacy","page_number":3,"box":{"x":266,"y":679,"width":41,"height":9}},{"id":"b3fbc068-7a30-4563-8be8-43ae03527a19","block_type":"box","text":"-","page_number":3,"box":{"x":308,"y":683,"width":4,"height":1}},{"id":"5d9e65ab-d619-4bdf-b42c-e502fde541b7","block_type":"box","text":"policy","page_number":3,"box":{"x":314,"y":679,"width":33,"height":9}},{"id":"fc876a73-a141-46aa-8c4a-67a71a948d4e","block_type":"box","text":".","page_number":3,"box":{"x":348,"y":685,"width":2,"height":1}},{"id":"8a2c74e0-890d-4d9c-b3cf-80e1435c154a","block_type":"box","text":"For additional information on the sub","page_number":3,"box":{"x":63,"y":690,"width":226,"height":6}},{"id":"ed79ac4f-30d1-419e-a140-f7a24e21ebcf","block_type":"box","text":"-","page_number":3,"box":{"x":290,"y":694,"width":4,"height":0}},{"id":"b7983e9c-d3b3-4d99-b683-1b64f609e544","block_type":"box","text":"fund","page_number":3,"box":{"x":295,"y":690,"width":29,"height":6}},{"id":"a1572f43-f4bb-456a-a5bc-1d2ed742cbb8","block_type":"box","text":"’","page_number":3,"box":{"x":326,"y":690,"width":1,"height":2}},{"id":"3c1248de-dda0-4555-8054-825496eb5b9a","block_type":"box","text":"s target market please","page_number":3,"box":{"x":328,"y":690,"width":136,"height":8}},{"id":"31e6b988-d16c-4754-bf1e-6582faec6478","block_type":"box","text":"refer to the Prospectus.","page_number":3,"box":{"x":63,"y":700,"width":142,"height":9}},{"id":"4d5e3161-4cb9-4c3f-a95c-71639ee5aec6","block_type":"box","text":"The risk indicator is based on the historic volatility of the Net Asset","page_number":3,"box":{"x":62,"y":713,"width":401,"height":8}},{"id":"d32841f6-fdd8-40f8-a5ff-85f9dbc02c74","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":723,"width":394,"height":9}},{"id":"cd37d8df-807d-46c3-a9fb-3b3dbfd43cf7","block_type":"box","text":"reliable indication of the future risk profile of the Share Class. The risk","page_number":3,"box":{"x":63,"y":734,"width":422,"height":9}},{"id":"16da9288-56c5-4d2a-b184-eb3570622a09","block_type":"box","text":"and reward category shown above is not guaranteed to remain","page_number":3,"box":{"x":63,"y":744,"width":378,"height":9}},{"id":"f7634052-f497-4602-a248-c9848c2685b6","block_type":"box","text":"unchanged and may change over time. A Share Class with the lowest","page_number":3,"box":{"x":63,"y":755,"width":420,"height":9}},{"id":"fa6c1fce-f198-4d1e-a492-53f2c57b3b39","block_type":"box","text":"risk rating does not mean a risk","page_number":3,"box":{"x":63,"y":766,"width":192,"height":8}},{"id":"a9ee931f-5de4-43fc-b88c-58994eae264a","block_type":"box","text":"-","page_number":3,"box":{"x":256,"y":770,"width":3,"height":0}},{"id":"9d118810-6a66-43f4-a289-63b113791414","block_type":"box","text":"free investment. See the Key","page_number":3,"box":{"x":261,"y":765,"width":173,"height":9}},{"id":"7e8b9dc7-bb5e-4f58-a117-6068e993bd5e","block_type":"box","text":"Investor Information Document (KIID) for details.","page_number":3,"box":{"x":63,"y":776,"width":291,"height":9}},{"id":"195275ea-7b88-4106-a6f0-ecd3817d68c3","block_type":"box","text":"The possible difference between the current ongoing charge as","page_number":3,"box":{"x":62,"y":789,"width":388,"height":9}},{"id":"7490f746-7f84-43c1-92e3-e3b9443227d0","block_type":"box","text":"stated in this document and those mentioned in the KIID, is caused","page_number":3,"box":{"x":63,"y":799,"width":412,"height":8}},{"id":"106471b8-40e8-4b6d-97cd-ed070601a507","block_type":"box","text":"by the fact that the costs mentioned in the KIID are an estimate","page_number":3,"box":{"x":63,"y":810,"width":385,"height":9}},{"id":"c01355ab-5431-4b50-a012-873b258f5ac5","block_type":"box","text":"based on the actual costs incurred over the past year.","page_number":3,"box":{"x":63,"y":820,"width":327,"height":9}},{"id":"5d35b5a5-b3a9-4933-8d0e-618d75da9ecf","block_type":"box","text":"Source: J.P. Morgan Asset Management. Share class performance is","page_number":3,"box":{"x":63,"y":854,"width":412,"height":9}},{"id":"b66d06eb-5f45-48e8-85f5-f197276dc207","block_type":"box","text":"shown based on the NAV (net asset value) of the share class with","page_number":3,"box":{"x":63,"y":865,"width":398,"height":8}},{"id":"54e5823f-54ca-4666-93ae-d0ec4dbb6781","block_type":"box","text":"income (gross) reinvested including actual ongoing charges","page_number":3,"box":{"x":63,"y":875,"width":369,"height":9}},{"id":"0edbf248-d067-42c0-82c7-0acfa10c7892","block_type":"box","text":"excluding any entry and exit fees.","page_number":3,"box":{"x":63,"y":886,"width":201,"height":9}},{"id":"e335428a-0f01-4514-a598-b25146ca3767","block_type":"box","text":"The return of your investment may change as a result of currency","page_number":3,"box":{"x":62,"y":899,"width":402,"height":8}},{"id":"f42aff8c-5f63-4a00-b5f6-baa23b258bdb","block_type":"box","text":"The Sub","page_number":3,"box":{"x":74,"y":99,"width":49,"height":7}},{"id":"cd920f0b-2dab-4aec-ac2d-0b8a406207fb","block_type":"box","text":"-","page_number":3,"box":{"x":124,"y":104,"width":4,"height":0}},{"id":"f06d03d1-8aca-44c5-81d1-8821d691ab50","block_type":"box","text":"Fund is subject to","page_number":3,"box":{"x":130,"y":100,"width":109,"height":8}},{"id":"60cb849e-797a-45e3-b2c2-9fe09fd5575c","block_type":"box","text":"Investment risks","page_number":3,"box":{"x":244,"y":100,"width":104,"height":6}},{"id":"99a8a42e-8aff-4d3d-a097-5568a55f621d","block_type":"box","text":"and","page_number":3,"box":{"x":352,"y":100,"width":23,"height":6}},{"id":"1a4cbc6b-bf1f-4fdc-99a9-2d256e99c082","block_type":"box","text":"Other","page_number":3,"box":{"x":379,"y":99,"width":36,"height":7}},{"id":"725cd20d-7c36-41f9-bc0a-8e5c3a89c0dd","block_type":"box","text":"associated risks","page_number":3,"box":{"x":74,"y":110,"width":102,"height":7}},{"id":"59ff3295-220a-4814-88f5-e88163e9ab22","block_type":"box","text":"from the techniques and securities it uses","page_number":3,"box":{"x":180,"y":110,"width":262,"height":9}},{"id":"1d7776c1-e2b1-416f-8bc3-0dbad28a5807","block_type":"box","text":"to seek to achieve its objective.","page_number":3,"box":{"x":74,"y":121,"width":187,"height":8}},{"id":"4dc6c9b8-7c14-4a57-b905-633c0570b2c1","block_type":"box","text":"The table below explains how these risks relate to each other","page_number":3,"box":{"x":74,"y":131,"width":369,"height":9}},{"id":"8efaf11c-b5ed-46bb-8a2e-eeff10d7eaba","block_type":"box","text":"and the","page_number":3,"box":{"x":75,"y":142,"width":46,"height":7}},{"id":"4e4a3282-ed55-4601-adbf-beb4f96eaf6c","block_type":"box","text":"Outcomes to the Shareholder","page_number":3,"box":{"x":125,"y":142,"width":188,"height":7}},{"id":"be88c9a2-62f3-4aff-8fd2-aaa42e403028","block_type":"box","text":"that could affect an","page_number":3,"box":{"x":316,"y":142,"width":120,"height":7}},{"id":"fcc9360b-f7b0-4dff-8fea-c0fd086ca43e","block_type":"box","text":"investment in the Sub","page_number":3,"box":{"x":75,"y":152,"width":134,"height":7}},{"id":"fb9b0ad7-bef1-4a14-9f8c-5592bf181654","block_type":"box","text":"-","page_number":3,"box":{"x":211,"y":156,"width":4,"height":1}},{"id":"37228fa0-c912-4b3e-9681-8bf1ab1f8aeb","block_type":"box","text":"Fund.","page_number":3,"box":{"x":217,"y":152,"width":34,"height":7}},{"id":"f51b75ce-1d79-4cf0-b2cb-c40155e2467a","block_type":"box","text":"Investors should also read","page_number":3,"box":{"x":75,"y":163,"width":159,"height":7}},{"id":"e1ec6c08-782b-4bd6-a35a-019eb6ba5768","block_type":"box","text":"Risk Descriptions","page_number":3,"box":{"x":240,"y":163,"width":105,"height":9}},{"id":"1f06ed5a-a424-4844-a120-ab54562a6751","block_type":"box","text":"in the","page_number":3,"box":{"x":350,"y":163,"width":34,"height":7}},{"id":"d8c7519c-d5fe-4a4c-8f3c-2c81e3540148","block_type":"box","text":"Prospectus for a full description of each risk.","page_number":3,"box":{"x":75,"y":173,"width":270,"height":9}},{"id":"c076009b-cbdf-4b1a-a5a1-1182584f3970","block_type":"box","text":"Key risks","page_number":3,"box":{"x":77,"y":86,"width":68,"height":11}},{"id":"073855f9-f445-4d35-9736-904a0bede966","block_type":"box","text":"Investment risks","page_number":3,"box":{"x":73,"y":206,"width":105,"height":7}},{"id":"b1467344-464c-476b-a1dd-382a6b2f12c0","block_type":"box","text":"Risks from the Sub","page_number":3,"box":{"x":182,"y":206,"width":116,"height":7}},{"id":"4acaf8ba-02ca-47b5-b42e-3bfe879a40d6","block_type":"box","text":"-","page_number":3,"box":{"x":299,"y":210,"width":4,"height":1}},{"id":"d3402a43-5a89-42f4-bb52-6113997df2d3","block_type":"box","text":"Fund","page_number":3,"box":{"x":305,"y":206,"width":32,"height":7}},{"id":"a3109f58-ace5-486b-93e8-c682755d8b96","block_type":"box","text":"’","page_number":3,"box":{"x":337,"y":206,"width":2,"height":2}},{"id":"bcc2db73-36eb-40a7-a9fe-6f5407488d0e","block_type":"box","text":"s techniques and","page_number":3,"box":{"x":340,"y":206,"width":109,"height":9}},{"id":"6378e32f-04b7-4f79-9c0a-d76e4eb3c219","block_type":"box","text":"securities","page_number":3,"box":{"x":73,"y":217,"width":60,"height":7}},{"id":"2a19681a-7f21-465f-8072-6b3d0e62178a","block_type":"box","text":"Techniques","page_number":3,"box":{"x":73,"y":231,"width":75,"height":9}},{"id":"1d3df809-e825-48ad-a23a-3538f0a1accf","block_type":"box","text":"Derivatives","page_number":3,"box":{"x":74,"y":242,"width":64,"height":7}},{"id":"ded9091e-65d3-4459-b83c-38aa1094b344","block_type":"box","text":"Hedging","page_number":3,"box":{"x":74,"y":253,"width":48,"height":8}},{"id":"1bff3eea-0723-4c32-9306-c6d762444ccd","block_type":"box","text":"Securities","page_number":3,"box":{"x":207,"y":231,"width":64,"height":7}},{"id":"f882ae9f-812a-42e7-8b79-d9321189ebca","block_type":"box","text":"Contingent","page_number":3,"box":{"x":207,"y":242,"width":70,"height":9}},{"id":"d1f29813-fa8f-41c3-aed9-3dd8ee7614b9","block_type":"box","text":"convertible bonds","page_number":3,"box":{"x":207,"y":253,"width":109,"height":6}},{"id":"f45a84b4-b85a-4e9c-8008-bf7ad7fab55f","block_type":"box","text":"Debt securities","page_number":3,"box":{"x":208,"y":263,"width":91,"height":7}},{"id":"c5ed72b5-9547-49f7-9f1e-50c2543959d2","block_type":"box","text":"-","page_number":3,"box":{"x":209,"y":278,"width":4,"height":0}},{"id":"67db825b-5eee-40f2-8caa-110f78839b67","block_type":"box","text":"Below investment","page_number":3,"box":{"x":219,"y":274,"width":107,"height":7}},{"id":"6df86be5-a74c-4825-9bc8-e6a267883486","block_type":"box","text":"grade debt","page_number":3,"box":{"x":218,"y":284,"width":63,"height":9}},{"id":"7bc005db-fd56-4aee-9ed1-72378dc86aa4","block_type":"box","text":"Emerging markets","page_number":3,"box":{"x":344,"y":253,"width":110,"height":8}},{"id":"ac1ec1a6-02d2-4a27-980f-94ac20ea7f9f","block_type":"box","text":"-","page_number":3,"box":{"x":345,"y":246,"width":4,"height":1}},{"id":"3135abaa-324e-408c-b84b-ddf9115b072f","block_type":"box","text":"Unrated debt","page_number":3,"box":{"x":354,"y":242,"width":78,"height":7}},{"id":"a702e018-2f72-43dd-8b2b-99c6d65a1922","block_type":"box","text":"General Disclosures","page_number":3,"box":{"x":63,"y":454,"width":127,"height":7}},{"id":"788e6936-665f-4405-bd9b-6c98359c8f68","block_type":"box","text":"Performance information","page_number":3,"box":{"x":63,"y":838,"width":158,"height":7}},{"id":"dc2aef02-d453-4036-8ddc-13c07dc2910d","block_type":"box","text":"▼","page_number":3,"box":{"x":266,"y":297,"width":15,"height":11}},{"id":"bc5b67f6-fbad-4d72-876c-884418523503","block_type":"box","text":"Other associated risks","page_number":3,"box":{"x":73,"y":315,"width":142,"height":7}},{"id":"014cb0e8-9135-4aed-8034-c2276ae18287","block_type":"box","text":"Further risks the Sub","page_number":3,"box":{"x":220,"y":315,"width":129,"height":7}},{"id":"dfa357ca-7eb0-42e7-b03d-ff7c00413b7d","block_type":"box","text":"-","page_number":3,"box":{"x":350,"y":319,"width":4,"height":1}},{"id":"01f52982-72ea-49c3-aae8-2bcae589b492","block_type":"box","text":"Fund is exposed to","page_number":3,"box":{"x":355,"y":315,"width":115,"height":9}},{"id":"b012153f-9d1d-4f6a-8c9d-b3fb3613be13","block_type":"box","text":"from its use of the techniques and securities above","page_number":3,"box":{"x":73,"y":325,"width":316,"height":9}},{"id":"0dff8871-27a1-4259-a7ee-780914446a23","block_type":"box","text":"Credit","page_number":3,"box":{"x":73,"y":340,"width":35,"height":7}},{"id":"35a075eb-49dd-4ecb-973c-2c0f3f0229f6","block_type":"box","text":"Liquidity","page_number":3,"box":{"x":74,"y":351,"width":49,"height":8}},{"id":"8f217b9a-8eca-4351-b822-f7fa4e0e082b","block_type":"box","text":"Currency","page_number":3,"box":{"x":206,"y":340,"width":56,"height":9}},{"id":"6cd1057d-ff53-44ea-88ea-ad5dac06e17b","block_type":"box","text":"Market","page_number":3,"box":{"x":207,"y":351,"width":40,"height":7}},{"id":"c00d6e99-c9af-4f2e-85e3-b9c031cb6abd","block_type":"box","text":"Interest rate","page_number":3,"box":{"x":344,"y":340,"width":73,"height":7}},{"id":"d33b51fd-2539-4611-8085-155a645bcc61","block_type":"box","text":"▼","page_number":3,"box":{"x":266,"y":366,"width":15,"height":11}},{"id":"ff511814-1970-4654-8f36-60a453a6f5cb","block_type":"box","text":"Outcomes to the Shareholder","page_number":3,"box":{"x":73,"y":383,"width":187,"height":7}},{"id":"f55ba702-52db-4df9-94e5-ae64646dc79c","block_type":"box","text":"Potential impact of the risks above","page_number":3,"box":{"x":264,"y":383,"width":209,"height":9}},{"id":"6a1197b5-b644-491d-8a37-a36867821160","block_type":"box","text":"Loss","page_number":3,"box":{"x":73,"y":398,"width":29,"height":7}},{"id":"7d476018-93f3-454c-b0de-38a0373475d9","block_type":"box","text":"Shareholders","page_number":3,"box":{"x":73,"y":409,"width":81,"height":7}},{"id":"2150445d-8c28-400a-a054-d5b4440be5f4","block_type":"box","text":"could lose some or","page_number":3,"box":{"x":73,"y":419,"width":114,"height":7}},{"id":"0f491593-c86c-4db9-ad92-c3b568698514","block_type":"box","text":"all of their money.","page_number":3,"box":{"x":73,"y":430,"width":106,"height":9}},{"id":"4e8c8999-d712-45f5-85e9-1b7f3660c49c","block_type":"box","text":"Volatility","page_number":3,"box":{"x":206,"y":398,"width":52,"height":9}},{"id":"d6f390b2-6cf8-48d7-b2e8-70b1fe86f8e7","block_type":"box","text":"Shares of the Sub","page_number":3,"box":{"x":206,"y":409,"width":108,"height":7}},{"id":"4a03d7e5-8cc8-43ce-9a81-531fa3ed5255","block_type":"box","text":"Fund will fluctuate","page_number":3,"box":{"x":207,"y":419,"width":111,"height":7}},{"id":"0ec25208-3d22-4c6d-b119-e0082efef457","block_type":"box","text":"in value.","page_number":3,"box":{"x":207,"y":430,"width":48,"height":7}},{"id":"55dd4931-20a5-44e0-a649-a7ef3e8c5f18","block_type":"box","text":"Failure to meet the","page_number":3,"box":{"x":344,"y":398,"width":115,"height":7}},{"id":"722d4f4a-0438-4ad6-b7b4-1af6a9e7f346","block_type":"box","text":"Sub","page_number":3,"box":{"x":343,"y":409,"width":25,"height":7}},{"id":"00895448-b5f7-4959-a6d0-1434c1ea9506","block_type":"box","text":"-","page_number":3,"box":{"x":371,"y":413,"width":4,"height":1}},{"id":"2875eacf-4b9b-4caf-9a06-cec4b6578a62","block_type":"box","text":"Fund","page_number":3,"box":{"x":377,"y":409,"width":31,"height":7}},{"id":"036d0bf1-3d5e-4bc1-9785-627172d72464","block_type":"box","text":"’","page_number":3,"box":{"x":411,"y":409,"width":2,"height":3}},{"id":"0bd1a83f-b27c-4b8d-a62d-4429444dfd1c","block_type":"box","text":"s","page_number":3,"box":{"x":415,"y":411,"width":6,"height":5}},{"id":"f14b3b39-e3d8-4592-bc11-e0a974f2be09","block_type":"box","text":"objective.","page_number":3,"box":{"x":343,"y":419,"width":60,"height":9}},{"id":"aab3ae51-7fe1-4d35-9c46-6f8fb510d53c","block_type":"box","text":"fluctuations if your investment is made in a currency other than that","page_number":3,"box":{"x":505,"y":82,"width":421,"height":8}},{"id":"85a387dd-01c8-458f-9bda-0e1d944679d2","block_type":"box","text":"used in the past performance calculation.","page_number":3,"box":{"x":506,"y":92,"width":255,"height":9}},{"id":"60e680c3-1403-4ccb-9243-ca5cfcfe3453","block_type":"box","text":"Indices do not include fees or operating expenses and you cannot","page_number":3,"box":{"x":506,"y":105,"width":403,"height":9}},{"id":"abfa8fb2-b278-41d4-9c1e-d172c1e850e7","block_type":"box","text":"invest in them.","page_number":3,"box":{"x":506,"y":115,"width":89,"height":7}},{"id":"caa546a0-8bbc-43bf-b5b6-bc7fd9a4ceed","block_type":"box","text":"The benchmark is for comparative purposes only unless specifically","page_number":3,"box":{"x":505,"y":128,"width":414,"height":9}},{"id":"80b8f7db-4cbb-44a4-af22-55b822b9c066","block_type":"box","text":"referenced in the Sub","page_number":3,"box":{"x":506,"y":138,"width":132,"height":7}},{"id":"5fd3a525-25ef-4260-82ff-734a0b4e9502","block_type":"box","text":"-","page_number":3,"box":{"x":639,"y":143,"width":4,"height":0}},{"id":"513d750d-e435-4b5a-abe8-a4e208165bf2","block_type":"box","text":"Funds' Investment Objective and Policy.","page_number":3,"box":{"x":645,"y":138,"width":240,"height":9}},{"id":"35351770-68e8-4dad-bf3b-d30fbd770a0d","block_type":"box","text":"Dividend income shown is gross of any applicable tax.","page_number":3,"box":{"x":506,"y":151,"width":324,"height":9}},{"id":"b62c6437-0f84-49e1-badc-a9a6206397b6","block_type":"box","text":"Maturity Date refers to the maturity/reset date of the security. For","page_number":3,"box":{"x":506,"y":185,"width":396,"height":9}},{"id":"46f74182-8cf8-4f94-8233-d42322a3bf88","block_type":"box","text":"those securities whose reference coupon rate is adjusted at least","page_number":3,"box":{"x":505,"y":196,"width":401,"height":8}},{"id":"b84271af-bd46-4282-a0ca-3336546a3f59","block_type":"box","text":"every 397 days, the date of the next coupon rate adjustment is","page_number":3,"box":{"x":506,"y":206,"width":376,"height":9}},{"id":"edf4ffb6-0dd2-41ae-958b-2c3563bbc18f","block_type":"box","text":"shown.","page_number":3,"box":{"x":506,"y":217,"width":43,"height":7}},{"id":"efc8e631-68f3-4c7b-a812-c364a79c8607","block_type":"box","text":"Positions with a AAA rating refer to cash assets only.","page_number":3,"box":{"x":506,"y":229,"width":315,"height":9}},{"id":"a5fbedd5-7b5e-48aa-8b28-6c057ed77536","block_type":"box","text":"The yield displayed is in the base currency of the Sub","page_number":3,"box":{"x":505,"y":242,"width":321,"height":9}},{"id":"2cb60fb1-515d-4a35-b42c-3d19710ddc36","block_type":"box","text":"-","page_number":3,"box":{"x":827,"y":246,"width":4,"height":1}},{"id":"28a9eec4-fa24-42db-907e-565e941b2452","block_type":"box","text":"Fund. Actual","page_number":3,"box":{"x":833,"y":242,"width":76,"height":7}},{"id":"221bb6b9-0858-463a-b009-02c90fc1b27d","block_type":"box","text":"share class yields may differ from the displayed yield due to currency","page_number":3,"box":{"x":506,"y":253,"width":416,"height":8}},{"id":"75511b1b-dd10-4aec-a49a-9d1a9a0e65ea","block_type":"box","text":"effects.","page_number":3,"box":{"x":506,"y":263,"width":44,"height":7}},{"id":"5805343c-b9bf-4fc1-879e-456c65deb601","block_type":"box","text":"VaR is a means of measuring the potential loss to a Sub","page_number":3,"box":{"x":505,"y":276,"width":340,"height":9}},{"id":"bc648113-b8f1-4d99-9e3b-5c9cd6d870f8","block_type":"box","text":"-","page_number":3,"box":{"x":846,"y":280,"width":4,"height":1}},{"id":"69efa4e3-b72e-428c-b814-0b2fece4282d","block_type":"box","text":"Fund due to","page_number":3,"box":{"x":853,"y":276,"width":73,"height":7}},{"id":"06e1d547-8c9b-4434-ab6c-9b0b9f1fb4f4","block_type":"box","text":"market risk and is expressed as themaximum potential loss at a 99%","page_number":3,"box":{"x":506,"y":286,"width":415,"height":9}},{"id":"82b9ac2e-3ac1-4748-ad2b-a241240711f7","block_type":"box","text":"confidence level. The holding period for the purpose of calculating","page_number":3,"box":{"x":506,"y":297,"width":400,"height":9}},{"id":"b5f79aeb-d3f3-48bf-8560-6696e5cbec18","block_type":"box","text":"global exposure is one month.","page_number":3,"box":{"x":506,"y":307,"width":182,"height":9}},{"id":"57637ce8-19bb-426c-b919-adc476da713d","block_type":"box","text":"Fund information, including performance calculations and other","page_number":3,"box":{"x":506,"y":334,"width":395,"height":9}},{"id":"61a3a8a6-0bbb-48f8-bdd0-3085e38d8ca6","block_type":"box","text":"data, is provided by J.P. Morgan Asset Management (the marketing","page_number":3,"box":{"x":506,"y":344,"width":400,"height":9}},{"id":"ec5e1396-f5b5-4f3a-8b96-9b1aee11bcd0","block_type":"box","text":"name for the asset management businesses of JPMorgan Chase &","page_number":3,"box":{"x":506,"y":355,"width":411,"height":9}},{"id":"8f0f92f5-7105-41c3-ab9a-702d61628b67","block_type":"box","text":"Co. and its affiliates worldwide).","page_number":3,"box":{"x":506,"y":365,"width":186,"height":9}},{"id":"915ddd62-9a67-4ff6-a18e-c04db29ca3cd","block_type":"box","text":"All data is as at the document date unless indicated otherwise.","page_number":3,"box":{"x":505,"y":376,"width":395,"height":7}},{"id":"e6f14d88-3aad-4f2c-9a00-156744ad3d59","block_type":"box","text":"©","page_number":3,"box":{"x":506,"y":387,"width":9,"height":6}},{"id":"dd41cbbb-529c-4b2b-bb16-94a7651f223c","block_type":"box","text":"2025 Morningstar. All Rights Reserved. The information contained","page_number":3,"box":{"x":519,"y":387,"width":399,"height":8}},{"id":"a1ba6a86-2d48-4ca2-a54d-1ef1f21b95e9","block_type":"box","text":"herein: (1) is proprietary to Morningstar; (2) may not be copied or","page_number":3,"box":{"x":506,"y":397,"width":383,"height":9}},{"id":"230d2fcb-7bbd-49ed-aea1-44c9b42f749f","block_type":"box","text":"distributed; and (3) is not warranted to be accurate, complete or","page_number":3,"box":{"x":506,"y":408,"width":384,"height":8}},{"id":"4ed3f803-5336-4cb5-8839-02cc6c736c33","block_type":"box","text":"timely. Neither Morningstar nor its content providers are responsible","page_number":3,"box":{"x":505,"y":418,"width":414,"height":9}},{"id":"7c9e6d6a-7b58-4f87-b8b8-4a4a8f95e2a3","block_type":"box","text":"for any damages or losses arising from any use of this information.","page_number":3,"box":{"x":505,"y":429,"width":407,"height":9}},{"id":"2b89dcb4-2fc4-4ffa-aaeb-6e13cec2f697","block_type":"box","text":"Benchmark source: The index data referenced herein is the property","page_number":3,"box":{"x":506,"y":445,"width":416,"height":8}},{"id":"77085b10-7874-43d8-94b8-9acfd7705702","block_type":"box","text":"of Merrill Lynch, Pierce, Fenner & Smith Incorporated (BofAML) and/or","page_number":3,"box":{"x":506,"y":455,"width":422,"height":9}},{"id":"346759db-1dd1-42a6-a14b-3df5ae67c7b1","block_type":"box","text":"its licensors and has been licensed for use by JP Morgan Chase","page_number":3,"box":{"x":506,"y":466,"width":389,"height":9}},{"id":"fc26cab5-7b29-4538-ab9f-fc7046f4e4bd","block_type":"box","text":"Bank N.A. BofAML and its licensors accept no liability in connection","page_number":3,"box":{"x":506,"y":476,"width":407,"height":9}},{"id":"d2a54f6d-cda3-497b-95b9-cf762988133f","block_type":"box","text":"with its use.","page_number":3,"box":{"x":505,"y":487,"width":72,"height":7}},{"id":"714fa96e-8b77-4329-9d70-374b2f5c79e4","block_type":"box","text":"JPMorgan Asset Management (UK) Limited Registered address: 25","page_number":3,"box":{"x":505,"y":513,"width":400,"height":9}},{"id":"5e08938f-76fa-442b-bee9-106f23e2a2da","block_type":"box","text":"Bank Street, Canary Wharf, London E14 5JP, United Kingdom.","page_number":3,"box":{"x":506,"y":524,"width":364,"height":9}},{"id":"20543af9-d0cc-46ea-a9a4-cbdfa8fc75d2","block_type":"box","text":"Authorised and regulated by the Financial Conduct Authority.","page_number":3,"box":{"x":505,"y":534,"width":373,"height":9}},{"id":"e2f6d75f-c1c5-4fec-bdb2-8a61698fab78","block_type":"box","text":"Registered in England No. 01161446.","page_number":3,"box":{"x":506,"y":545,"width":213,"height":9}},{"id":"4e90d511-2d63-4a36-bf7c-db1bb3653414","block_type":"box","text":"JPMorgan Asset Management (Europe) S.à r.l., 6, route de Trèves, L","page_number":3,"box":{"x":505,"y":571,"width":400,"height":9}},{"id":"9534f2a8-26a2-49ff-a257-ee0378bbc9a7","block_type":"box","text":"2633 Senningerberg, Luxembourg. B27900, corporate capital EUR","page_number":3,"box":{"x":505,"y":582,"width":397,"height":9}},{"id":"a44a20b8-cf4d-4f68-8649-73d127fa1a69","block_type":"box","text":"10.000.000.","page_number":3,"box":{"x":506,"y":592,"width":74,"height":7}},{"id":"dd1ea40a-3c63-49c0-95be-933f9db30017","block_type":"box","text":"NAV","page_number":3,"box":{"x":506,"y":636,"width":27,"height":7}},{"id":"e7a77f40-6a08-4cad-9e6c-b3c450f51ec2","block_type":"box","text":"Net Asset Value of a fund","page_number":3,"box":{"x":538,"y":636,"width":151,"height":7}},{"id":"d3ee5605-1198-4fb5-a208-ae48f71dda47","block_type":"box","text":"’","page_number":3,"box":{"x":691,"y":636,"width":1,"height":2}},{"id":"a81349e5-f112-49e0-a62f-48c23ce43d50","block_type":"box","text":"s assets less its liabilities per Share.","page_number":3,"box":{"x":694,"y":636,"width":217,"height":8}},{"id":"1c3bf6ee-0672-44aa-a77f-f07792eb0525","block_type":"box","text":"Correlation","page_number":3,"box":{"x":506,"y":646,"width":68,"height":7}},{"id":"2063fa1a-873a-47a9-925d-4ca1dba93e6b","block_type":"box","text":"measures the strength and direction of the relationship","page_number":3,"box":{"x":580,"y":646,"width":340,"height":9}},{"id":"efcbc5af-0083-4d21-96c5-60bfbe93f3cc","block_type":"box","text":"between movements in fund and benchmark returns. A correlation","page_number":3,"box":{"x":506,"y":657,"width":407,"height":7}},{"id":"ee60ba51-41cf-4e31-ab21-6b5ae18b284c","block_type":"box","text":"of 1.00 indicates that fund and benchmark returns move in lockstep","page_number":3,"box":{"x":506,"y":667,"width":417,"height":9}},{"id":"61cdfcef-5f20-4a96-99e0-ced0def58e44","block_type":"box","text":"in the same direction.","page_number":3,"box":{"x":506,"y":678,"width":131,"height":7}},{"id":"a10f7273-aa4e-4d22-b12d-1830080b6ab1","block_type":"box","text":"Alpha (%)","page_number":3,"box":{"x":505,"y":688,"width":58,"height":9}},{"id":"bb10c17a-8cd8-43f0-ae1e-b9e861f6234e","block_type":"box","text":"a measure of excess return generated by a manager","page_number":3,"box":{"x":568,"y":688,"width":319,"height":9}},{"id":"8e9228f4-f96a-48f9-9491-a0ee6cd6f730","block_type":"box","text":"compared to the benchmark. An alpha of 1.00 indicates that a fund","page_number":3,"box":{"x":506,"y":699,"width":407,"height":9}},{"id":"9c9def10-f073-4eb6-961f-ddb68592762b","block_type":"box","text":"has outperformed its benchmark by 1%.","page_number":3,"box":{"x":506,"y":710,"width":239,"height":8}},{"id":"423d9df3-aa2d-4e6f-bc42-7a09af16b509","block_type":"box","text":"Beta","page_number":3,"box":{"x":506,"y":720,"width":27,"height":7}},{"id":"5595ea4f-6c34-426c-b89a-62d3d75afb1a","block_type":"box","text":"measures a fund","page_number":3,"box":{"x":538,"y":720,"width":103,"height":7}},{"id":"2c08904d-7653-4bc6-8412-d51f872e1264","block_type":"box","text":"’","page_number":3,"box":{"x":643,"y":720,"width":2,"height":2}},{"id":"d6399902-019e-4e4c-bf1e-2b0ac7553519","block_type":"box","text":"s sensitivity to market movements (as","page_number":3,"box":{"x":646,"y":720,"width":230,"height":9}},{"id":"b3755318-2977-4776-b26d-da7eef676346","block_type":"box","text":"represented by the fund","page_number":3,"box":{"x":506,"y":731,"width":146,"height":8}},{"id":"eba4bd44-06de-4bd5-8e8c-6e5f9fa22c25","block_type":"box","text":"’","page_number":3,"box":{"x":654,"y":731,"width":1,"height":2}},{"id":"60f9b2d3-9cea-41e5-8462-a8fb7668bc71","block_type":"box","text":"s benchmark). A beta of 1.10 suggests the","page_number":3,"box":{"x":656,"y":731,"width":253,"height":8}},{"id":"ae46a00f-7bea-4d17-8103-666079c38db3","block_type":"box","text":"fund could perform 10% better than the benchmark in up markets","page_number":3,"box":{"x":505,"y":741,"width":403,"height":9}},{"id":"7e0d11d7-22f6-40f2-8656-e28bf1167aa4","block_type":"box","text":"and 10% worse in down markets, assuming all other factors remain","page_number":3,"box":{"x":506,"y":752,"width":406,"height":9}},{"id":"d7bd0128-19bd-44bb-afba-cf874dc50a6c","block_type":"box","text":"constant. Usually the higher betas represent riskier investments.","page_number":3,"box":{"x":506,"y":762,"width":397,"height":9}},{"id":"fb378f9f-7102-4855-9977-c99ea2239270","block_type":"box","text":"Annualised volatility (%)","page_number":3,"box":{"x":505,"y":773,"width":148,"height":9}},{"id":"d7e7338e-0b8e-4dad-a41b-b33c7d97a803","block_type":"box","text":"measures the extent to which returns vary","page_number":3,"box":{"x":659,"y":773,"width":258,"height":9}},{"id":"9dbced2d-a388-43b7-a2cd-56d3c06ee2b2","block_type":"box","text":"up and down over a given period.","page_number":3,"box":{"x":506,"y":783,"width":195,"height":9}},{"id":"58aec263-a30a-4186-a83f-0c6e0dfb84da","block_type":"box","text":"Sharpe ratio","page_number":3,"box":{"x":506,"y":794,"width":77,"height":9}},{"id":"e1e6c157-afdd-4c6e-b2e2-2381f22b71b4","block_type":"box","text":"performance of an investment adjusting for the","page_number":3,"box":{"x":588,"y":794,"width":290,"height":9}},{"id":"92380f02-74b9-43d7-818b-f071fe199236","block_type":"box","text":"amount of risk taken (compared a risk","page_number":3,"box":{"x":506,"y":805,"width":232,"height":8}},{"id":"dc33fd05-937b-4b39-8bae-cff661a928a7","block_type":"box","text":"-","page_number":3,"box":{"x":739,"y":809,"width":4,"height":0}},{"id":"77e54dbd-8569-4cf1-a5b9-62879770b97b","block_type":"box","text":"free investment). The higher","page_number":3,"box":{"x":744,"y":805,"width":173,"height":8}},{"id":"49324cb0-a845-4228-996f-6e9d33c05bb0","block_type":"box","text":"the Sharpe ratio the better the returns compared to the risk taken.","page_number":3,"box":{"x":505,"y":815,"width":402,"height":9}},{"id":"fa200a24-69ed-4df1-be3e-774c2c2596cb","block_type":"box","text":"Tracking error (%)","page_number":3,"box":{"x":505,"y":826,"width":114,"height":8}},{"id":"2acfd403-da34-4af3-aedc-f12df86e8f94","block_type":"box","text":"measures how much a fund","page_number":3,"box":{"x":624,"y":826,"width":173,"height":7}},{"id":"e471e166-dfc6-4272-8c1b-c148d7b87dac","block_type":"box","text":"’","page_number":3,"box":{"x":799,"y":826,"width":1,"height":2}},{"id":"f8975e8c-f58b-4712-93fe-798850972423","block_type":"box","text":"s returns deviate","page_number":3,"box":{"x":801,"y":826,"width":102,"height":7}},{"id":"00283880-b396-404f-9997-30ef87709256","block_type":"box","text":"from those of the benchmark. The lower the number the closer the","page_number":3,"box":{"x":505,"y":836,"width":407,"height":7}},{"id":"d30fa8f8-bd62-49fe-909c-fd066cf741c2","block_type":"box","text":"fund","page_number":3,"box":{"x":505,"y":847,"width":29,"height":7}},{"id":"2d645894-9b6a-412b-a53f-e9c0a2c9b39c","block_type":"box","text":"’","page_number":3,"box":{"x":536,"y":847,"width":1,"height":2}},{"id":"214472c7-f775-419c-8ec6-90f959fe042a","block_type":"box","text":"s historic performance has followed its benchmark.","page_number":3,"box":{"x":538,"y":847,"width":313,"height":8}},{"id":"02abb97e-cdaf-4830-bfdb-6b8ecaa38445","block_type":"box","text":"Information ratio","page_number":3,"box":{"x":506,"y":857,"width":103,"height":7}},{"id":"5d22e8e7-e9cc-4415-870a-86df708f64d9","block_type":"box","text":"measures if a manager is outperforming or","page_number":3,"box":{"x":614,"y":857,"width":260,"height":9}},{"id":"4fa9a859-9854-461e-aac8-667405a91ba5","block_type":"box","text":"underperforming the benchmark and accounts for the risk taken to","page_number":3,"box":{"x":506,"y":868,"width":414,"height":9}},{"id":"70e8fd8d-17dd-45fd-9c9a-ac843525329c","block_type":"box","text":"achieve the returns. A manager who outperforms a benchmark by 2%","page_number":3,"box":{"x":506,"y":878,"width":421,"height":9}},{"id":"6bea5f9b-3506-439f-9677-d98e821921bd","block_type":"box","text":"p.a. will have a higher IR than a manager with the same","page_number":3,"box":{"x":506,"y":889,"width":333,"height":9}},{"id":"3a9e2892-9b74-4e13-a8c3-a0e4cd5fbe6d","block_type":"box","text":"outperformance but who takes more risk.","page_number":3,"box":{"x":506,"y":900,"width":251,"height":8}},{"id":"dc9fd086-f6a4-46fb-a3f7-12902b867abd","block_type":"box","text":"Holdings information","page_number":3,"box":{"x":506,"y":169,"width":131,"height":9}},{"id":"44b34228-497e-4ac1-ba0a-6e09563a86fa","block_type":"box","text":"Information Sources","page_number":3,"box":{"x":506,"y":320,"width":128,"height":7}},{"id":"04941ef0-678b-4326-9c7b-5c7981c320cb","block_type":"box","text":"Regional Contact","page_number":3,"box":{"x":506,"y":499,"width":106,"height":9}},{"id":"49d40614-4a89-40c0-ab77-b8e68e9bfd10","block_type":"box","text":"Issuer","page_number":3,"box":{"x":506,"y":558,"width":39,"height":6}},{"id":"2a9ba816-be63-49ac-afa9-c64a981f41cb","block_type":"box","text":"Definitions","page_number":3,"box":{"x":506,"y":622,"width":66,"height":7}},{"id":"1425e789-caec-4fb4-b89e-e22093846c66","block_type":"box","text":"Page 3 of 3 | Factsheet","page_number":3,"box":{"x":53,"y":45,"width":127,"height":7}},{"id":"62d5eaa8-1ec5-4102-b066-01e088f6c42d","block_type":"box","text":"| 31 August 2026","page_number":3,"box":{"x":185,"y":45,"width":85,"height":7}},{"id":"035937d2-5e4e-4a1c-b5a6-c6093de79ef4","block_type":"box","text":"Class: JPM Europe High Yield Bond A (dist)","page_number":3,"box":{"x":691,"y":45,"width":228,"height":7}},{"id":"ebba4d2f-372d-45ce-9e71-2b68e0421ffd","block_type":"box","text":"-","page_number":3,"box":{"x":923,"y":48,"width":3,"height":1}},{"id":"20e2bec7-81a3-4e69-a444-c7b8c540b2b7","block_type":"box","text":"EUR","page_number":3,"box":{"x":931,"y":45,"width":21,"height":6}},{"id":"ffd8979c-f36a-4ee0-bec3-5bac6a676f33","block_type":"box","text":"09uh212009093851","page_number":3,"box":{"x":62,"y":980,"width":117,"height":7}}],"unit":"per_mille","page_width":595,"page_height":842,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":3}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"afc8b76d-d7ba-45b2-a974-9f063f033f8e"},"user_id":1000002,"date_created":"2026-10-06T18:30:48.907000Z","date_modified":"2026-10-06T18:30:48.907000Z","private":false}