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Inflation Managed Bond Fund - A (JIMAX)

Inflation Managed Bond Fund - A (JIMAX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Scott Grimshaw
Scott Grimshaw| Executive Director Biography

Scott E. Grimshaw, executive director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Columbus, Scott is a portfolio manager for the U.S. Value Driven team and is responsible for managing institutional taxable bond portfolios. An employee since 1988, Scott was previously a senior fixed income research analyst. Scott holds a B.S. in finance from Miami University, an M.B.A. from The Ohio State University and is a CFA charterholder.

Education
  • B.S., Finance, Miami University
  • M.B.A., Ohio State University
Experience
  • Industry Experience, 26 Years
  • Firm Experience, 26 Years
  • Fund Experience, 4 Years
Other funds managed by Scott Grimshaw:
Deepa Majmudar
Deepa Majmudar| Managing Director Biography

Deepa Majmudar, managing director, is a senior portfolio manager and inflation specialist within the Global Fixed Income, Currency & Commodities (GFICC) group. Based in New York, Deepa focuses on strategies and tactics for diversified products and their included asset classes. An employee since 2003, Deepa was previously a member of the tax aware fixed income group. Prior to joining the firm, she worked as a quantitative analyst at AllianceBernstein. Prior to that, Deepa was a research associate at Columbia University and a recipient of a NASA scholarship for her research in cosmology. She holds a B.E. from University of Bombay, and an M.Phil. and Ph.D. in astrophysics from Columbia University.

Education
  • B.E., University of Bombay
  • M.Phil.,Ph.D., Astrophysics, Columbia University
Experience
  • Industry Experience, 15 Years
  • Firm Experience, 11 Years
  • Fund Experience, 4 Years
Other funds managed by Deepa Majmudar:
Steven Lear
Steven Lear| Managing Director Biography

Steven Lear, managing director, is the U.S. Chief Investment Officer for Macro Strategies within our Global Fixed Income, Currency & Commodities (GFICC) group. Based in New York, Steve is responsible for overseeing macro-driven fixed income investment strategies in the U.S., including core plus, insurance, liability-driven investing and stable value. Steve has been honored by Citywire in the UK in 2011 for managing the top performing US bond fund and by Morningstar in Asia as the US Bond Manager of the Year in 2005. Prior to joining the firm in 2008, Steve was at Schroder Investment Management for ten years, serving as the head of U.S. Fixed Income for the last seven years. Previously, Steve was a partner at Weiss Peck and Greer, a portfolio manager at Credit Suisse First Boston Asset Management and the first mortgage securities analyst at Fidelity Investments. Steve began his career in 1980 at Mercer Consulting. He holds a B.A. in business administration from the University of Western Ontario, an M.B.A from the University of California, Berkeley and is a CFA charterholder.

Education
  • B.A., Business Administration, University of Western Ontario
  • M.B.A., University of California, Berkeley
Experience
  • Industry Experience, 34 Years
  • Firm Experience, 6 Years
  • Fund Experience, 1 Year
Other funds managed by Steven Lear:

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

Ordinarily the Fund will invest at least 80% of its total assets in corporate, U.S. government and agency debt, mortgage-related securities, both domestic and foreign.

The Fund may invest up to 10% of its assets in "sub-prime" mortgage-related securities. The risk of defaults is generally higher in the case of mortgage-backed investments that include so-called "sub-prime" mortgages. The structure of some of these securities may be complex and there may be less available information than other types of debt securities.

The Fund may invest in futures contracts and derivatives. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.

The Fund employs a "total return" investment strategy meaning it is designed to protect the total return generated by its core fixed income holdings from inflation risk. The fund seeks to achieve this objective by using swaps and derivatives. As a secondary strategy, the Fund has the ability to invest directly in inflation-protected securities, such as Treasury Inflation Protected securities(TIPs).