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JPMorgan Global Allocation Fund - Select (GAOSX)

JPMorgan Global Allocation Fund - Select (GAOSX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Top ten holdings (as of 6/30/2015)
1. France Government Bond OAT 2.4%
2. Republic of Finland 2.0%
3. Italy Buoni Poliennali Del Tesoro 1.9%
4. Italy Buoni Poliennali Del Tesoro 1.8%
5. U.S. Treasury Notes 1.4%
6. Bundesrepublik Deutschland 1.4%
7. Kingdom of Spain 0.8%
8. HDFC Bank Ltd. 0.5%
9. Roche Holding AG 0.5%
10. Toyota Motor Corp. 0.5%
Total of top ten 13.2%
Portfolio breakdown*,^^ (as of 6/30/2015)
US Equity 37.5%
International Equity 30.0%
High Yield 15.2%
International Fixed Income 12.3%
Non-Agency Mortgages 11.6%
Cash 5.5%
US Investment Grade Fixed Income -12.1%

*Due to rounding, values may not total 100%.
^^Percentages include the impact of derivative positions. A negative cash position indicates that the Fund is leveraged through the use of derivatives.

Portfolio stats (as of 6/30/2015)
Number of Holdings 1344
Fund Assets $331.06
(in millions)
Turnover Ratio 86.64%
(Trailing 12 month) (10/31/2014)

What's this? Mouse over an  underlined  word to see its definition. Check out our glossary >

The Fund's fixed income securities are subject to interest rate risk. If rates increase, the value of the Fund's investments generally declines.

The Fund may invest in securities that are below investment grade (i.e., "high yield" or "junk bonds") that are generally rated in the fifth or lower rating categories of Standard & Poor's and Moody's Investors Service. Although these securities tend to provide higher yields than higher-rated securities, there is a greater risk that the Fund's share price will decline.

International investing involves a greater degree of risk and increased volatility. Changes in currency exchange rates and differences in accounting and taxation policies outside the U.S. can raise or lower returns. Also, some overseas markets may not be as politically and economically stable as the United States and other nations. The risks associated with foreign securities are magnified in countries in "emerging markets." These countries may have relatively unstable governments and less-established market economies than developed countries. Emerging markets may face greater social, economic, regulatory and political uncertainties. These risks make emerging market securities more volatile and less liquid than securities issued in more developed countries.

The Fund may invest in derivatives that may be riskier than other types of investments because they may be more sensitive to changes in economic or market conditions and could result in losses that significantly exceed the Fund's original investment. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.

Total return assumes reinvestment of income.

The top 10 holdings listed reflect only the Fund's long-term investments. Short-term investments are excluded. Holdings are subject to change. The holdings listed should not be considered recommendations to purchase or sell a particular security. Each individual security is calculated as a percentage of the aggregate market value of the securities held in the Fund and does not include the use of derivative positions, where applicable.

P/E ratio: the number by which earnings per share is multiplied to estimate a stock's value.

P/B ratio: the relationship between a stock's price and the book value of that stock.

EPS: Total earnings divided by the number of shares outstanding.