JPMorgan Liquidity Funds - USD Liquidity LVNAV Fund E (dist.)
LU1747647433
JPMorgan Liquidity Funds - USD Liquidity LVNAV Fund E (dist.)/ LU1747647433 /
NAV2024-10-17 |
Chg.0.0000 |
Type of yield |
Investment Focus |
Investment company |
1.0000USD |
0.00% |
paying dividend |
Money Market
Worldwide
|
JPMorgan AM (EU) ▶ |
Investment strategy
The Sub-Fund seeks to achieve a return in the Reference Currency in line with prevailing money market rates whilst aiming to preserve capital consistent with such rates and to maintain a high degree of liquidity. The Sub-Fund is actively managed without reference or performance comparison to a benchmark. The Sub-Fund will invest its assets in short-term USD denominated Debt Securities, deposits with credit institutions and Reverse Repurchase Agreements. The Sub-Fund may have exposure to investments with zero or negative yields in adverse market conditions. The weighted average maturity of the Sub-Fund's investments will not exceed 60 days and the initial or remaining maturity of each Debt Security will not exceed 397 days at the time of purchase. In addition to receiving a favourable assessment of their credit quality pursuant to the Management Company's Internal Credit Procedures, Debt Securities with a long-term rating will be rated at least "A" and Debt Securities with a short-term rating will be rated at least "A-1" by Standard & Poor's or otherwise similarly rated by another independent rating agency.
The Sub-Fund may also invest in unrated Debt Securities of comparable credit quality to those specified above. The Investment Manager seeks to evaluate whether environmental, social and governance factors could have a material positive or negative impact on the cash flows or risk profiles of many issuers in which the Sub-Fund may invest. These determinations may not be conclusive and securities of issuers which may be negatively impacted by such factors may be purchased and retained by the Sub-Fund while the Sub-Fund may divest or not invest in securities of issuers which may be positively impacted by such factors. The Sub-Fund aims to maintain a "AAA" rating, or equivalent, assigned by at least one rating agency. At least 51% of assets are invested in issuers with positive environmental and/or social characteristics that follow good governance practices as measured through the Investment Manager's proprietary ESG scoring methodology and/or third party data. In addition, the Sub- Fund incorporates a bespoke set of Employee Engagement and Diversity (EE&D) data inputs into the investment process which considers an issuer's gender breakdown, diversity programmes, ethnicity score and equal pay score. The inputs may evolve but will relate directly to EE&D. The Sub-Fund invests at least 51% of EE&D rated assets in issuers scoring above a pre-defined threshold in relation to EE&D inputs. The Sub-Fund invests at least 10% of assets excluding ancillary liquid assets for EPM, in Sustainable Investments, as defined under SFDR, contributing to environmental or social objectives.
Investment goal
The Sub-Fund seeks to achieve a return in the Reference Currency in line with prevailing money market rates whilst aiming to preserve capital consistent with such rates and to maintain a high degree of liquidity. The Sub-Fund is actively managed without reference or performance comparison to a benchmark. The Sub-Fund will invest its assets in short-term USD denominated Debt Securities, deposits with credit institutions and Reverse Repurchase Agreements. The Sub-Fund may have exposure to investments with zero or negative yields in adverse market conditions. The weighted average maturity of the Sub-Fund's investments will not exceed 60 days and the initial or remaining maturity of each Debt Security will not exceed 397 days at the time of purchase. In addition to receiving a favourable assessment of their credit quality pursuant to the Management Company's Internal Credit Procedures, Debt Securities with a long-term rating will be rated at least "A" and Debt Securities with a short-term rating will be rated at least "A-1" by Standard & Poor's or otherwise similarly rated by another independent rating agency.
Master data
Type of yield: |
paying dividend |
Funds Category: |
Money Market |
Region: |
Worldwide |
Branch: |
Money Market Securities |
Benchmark: |
- |
Business year start: |
12-01 |
Last Distribution: |
2024-10-16 |
Depository bank: |
J.P. Morgan SE, Zweigniederlassung Luxemburg |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland |
Fund manager: |
Doris Grillo, Chris Tufts, Robert Motroni |
Fund volume: |
115.2 bill.
USD
|
Launch date: |
2018-01-22 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
0.06% |
Minimum investment: |
100,000,000.00 USD |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Countries
France |
|
16.90% |
Japan |
|
13.50% |
Canada |
|
12.20% |
Netherlands |
|
10.00% |
United States of America |
|
7.80% |
Sweden |
|
6.60% |
United Kingdom |
|
5.10% |
Germany |
|
4.40% |
United Arab Emirates |
|
4.40% |
Australia |
|
3.90% |
Belgium |
|
3.40% |
Others |
|
11.80% |