For Professional Clients/Qualified Investors only - not for Retail use of distributions
FACTSHEET 31 MAY 2017
JPMorgan Liquidity Funds ­
Synthetic risk and reward indicator Based on
share class volatility for the past 5 years. See Key
Investor Information Document (KIID) for details.
US Dollar Liquidity Fund
Lower risk/ potential
reward Not risk
risk­­free
Class: JPM US Dollar Liquidity Agency (dist.)
Fund overview
ISIN
LU0135700945
Bloomberg
JPMUADI LX
Reuters
LU0135700945.LUF
Investment objective: The Sub
Sub­­Fund 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.
Investor profile: This liquidity Sub
Sub­­Fund uses high quality money market
instruments to enhance returns. Investors in the Sub
Sub­­Fund are therefore likely to
be looking for an alternative to cash deposits for their medium
medium­­term or
temporary cash investments, including seasonal operating cash for pension
funds or the liquidity components of investment portfolios.
Fund manager(s)
John Tobin
Domicile
Luxembourg
Client portfolio
manager(s)
Jason Straker
Fund assets
USD 93743.4m
Fund reference
currency USD
Fund legal structure
SICAV/UCITS
Classification
Short Term Money
Market Fund
NAV
USD 1.00
Fund launch
12 Jan 1987
Class launch
4 Sep 2001
1 Week USD LIBID
Fund ratings
Valuation date
Daily
Cash settlement date
T+0
Dealing deadline
1700_EST
Minimum initial investment
USD 5,000,000
Minimum additional
investment
USD 100,000
Ongoing charge 0.25%
Higher risk/
potential reward
Fund yield
7 day current yield as of 31.05.17 was 0.98%
30 DAY AVERAGE YIELD (%)
2016
June
July
August
September
October
November
December
2017
January
February
March
April
May
0.40
0.42
0.48
0.55
0.61
0.66
0.73
0.82
0.84
0.89
0.96
0.96
WEIGHTED AVERAGE MATURITY/LIFE
Weighted Average Maturity in days As at 31.05.17 24 days
Weighted Average Life in days As at 31.05.17 81 days
As at 31 May 2017
Morningstar Category TM USD Money Market ­ Short Term
Moody´s Credit Quality Rating Aaa
Aaa­­mf
Fitch Rating AAAmmf
S&P Credit Rating AAAm
Jul Aug
PERFORMANCE DISCLOSURES
Past performance is not a guide to current and future performance. The
value of your investments and any income from them may fall as well as
rise and you may not get back the full amount you invested.
Source: J.P. Morgan Asset Management. Share class performance is shown
based on the NAV (net asset value) of the share class with income (gross)
reinvested including actual ongoing charges excluding any entry and exit fees.
Indices do not include fees or operating expenses and you cannot invest in
them.
See the material risks, general disclosures and definitions on page 2.
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
PAGE 2 OF 2 | FACTSHEET | 31 MAY 2017
Class: JPM US Dollar Liquidity Agency (dist.)
Holdings
TOP 10
Maturity date
Swedbank Ab
Dnb Asa
Credit Agricole Sa
Skandinaviska Enskilda Banken
Abn Amro Group N.V.
Cooperatieve Rabobank U.A
China Construction Bank Corp
Societe Generale
Credit Mutuel
Mutuel­­Cic
Nordea Bank Ab
01.06.17
01.06.17
01.06.17
01.06.17
06.06.17
01.06.17
01.06.17
01.06.17
01.06.17
01.06.17
% of assets
2.8
2.1
1.9
1.8
1.5
1.3
1.2
1.2
1.1
1.1
MATURITY (%)
Overnight
2 ­ 7 Days
8 ­ 30 Days
1 ­ 3 Months
4 ­ 6 Months
6 ­9 Months
9 ­12 Months
12
12­­24 Months
24.0
9.2
8.9
22.3
20.1
10.5
4.6
0.4
SECTORS (%)
REGIONS (%)
France 14.5
Japan 13.2
Netherlands 12.6
Canada 11.7
China 9.8
Sweden 9.7
Australia 8.3
Germany 4.5
Key risks
There is no guarantee that a stable Net Asset
Value per Share will be maintained.
The Sub-Fund's objective may not be achieved in
adverse market conditions and Shareholders may
get back less than they originally invested.
GENERAL DISCLOSURES
Before investing, obtain and review the current
prospectus, Key Investor Information
Document (KIID) and any applicable local
offering document. These documents, as well as
the annual and semi­annual reports and the
articles of incorporation, are available free
from your financial adviser, your J.P. Morgan
Asset Management regional contact, the fund’s
issuer (see below) or at www.jpmam.lu.
This material should not be considered as advice or
an investment recommendation. Fund holdings
and performance are likely to have changed since
the report date. No provider of information
presented here, including index and ratings
information, is liable for damages or losses of any
type arising from use of their information.
Information from communications with you will be
recorded, monitored, collected, stored and processed
consistent with our EMEA Privacy Policy available at
www.jpmorgan.com/pages/privacy
United States 4.1
Belgium 3.3
Norway 2.2
Switzerland 2.1
Singapore 1.1
United Kingdom 1.1
Finland 0.8
Chile 0.7
Denmark 0.3
In adverse market conditions, the Sub-Fund may
invest in zero or negative yielding securities which
will have an impact on the return of the Sub-Fund.
The value of debt securities may change
significantly depending on economic and interest
rate conditions as well as the credit worthiness of
the issuer. Issuers of debt securities may fail to
meet payment obligations or the credit rating of
Annualised yields are quoted with a 365 day count
convention.
On 24 September 2001, the JPMorgan Liquidity
Funds plc were fully invested in the JPMorgan
Liquidity Funds (Luxembourg). Performance prior
to this date is not applicable to investors in the
JPMorgan Fleming Funds plc (former Chase
Manhattan Vista Funds, Dublin).
INFORMATION SOURCES
Fund information, including performance
calculations and other data, is provided by J.P.
Morgan Asset Management (the marketing name
for the asset management businesses of
JPMorgan Chase & Co and its affiliates worldwide).
All data is as at the document date unless indicated
otherwise.
ISSUER
JPMorgan Asset Management (Europe) S.à r.l., 6,
route de Trèves, LL­­2633 Senningerberg,
Luxembourg
Certificate of Deposit 50.6
Non
Non­­Negotiable Time Deposit 23.3
Financial Co. Com Paper 12.9
Non
Non­­Financial Co. Com Paper 5.3
Asset Backed Commercial Paper 4.6
Other Repo Agreement 3.0
Other Inv ­ Corporate Note 0.3
debt securities may be downgraded.
The credit worthiness of unrated debt securities is
not measured by reference to an independent
credit rating agency.
The counterparty of repurchase agreements may
fail to meet its obligations which could result in
losses to the Sub-Fund.
DEFINITIONS
Weighted Average Maturity A Fund´s WAM
calculates an average time to maturity of all the
securities held in the portfolio, weighted by each
security´s percentage of net assets. The
calculation takes into account the final maturity for
a fixed income security and the interest rate reset
date for floating rate securities held in the portfolio.
This is a way to measure a fund´s sensitivity to
potential interest rate changes.
Weighted Average Life (also known as Weighted
Average Final Maturity): A Fund´s WAL calculates
an average time to maturity of all the securities
held in the portfolio, weighted by each security´s
percentage of net assets. In contrast to WAM, the
WAL calculation takes into accountthe final
maturity date for each security held in the portfolio.
This is a way to measure a fund´s sensitivity to
potential credit spread changes.