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Diversified Real Return Fund - A (JRNAX)

Diversified Real Return Fund - A (JRNAX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Jeff Geller
Jeffrey Geller| CFA – Managing Director Biography

Jeffrey Geller is a Chief Investment Officer of Multi-Asset Solutions. As head of the New York team, he has investment oversight responsibility for all accounts managed by the group. Jeff is also a portfolio manager for less constrained multi-asset class portfolios as well as portfolios with alternatives exposure. Before joining J.P. Morgan in 2006, Jeff was director of Hedge Fund Investments at Russell Investment Group where he served as chairman of Russell's hedge fund investment committee. Prior to that, Jeff was a senior partner at BEA Associates (Credit Suisse Asset Management). Jeff earned a B.A. in Government from Clark University and an M.B.A. in Finance from the University of Chicago Graduate School of Business and is a CFA charterholder.

Education
  • B.A., Government, Clark University
  • M.B.A., Finance, University of Chicago Graduate School of Business
Experience
  • Industry Experience, 37 Years
  • Firm Experience, 9 Years
  • Fund Experience, 4 Years
Other funds managed by Jeffrey Geller:
Katherine Santiago
Katherine Santiago| CFA – Executive Director Biography

Katherine Santiago is a portfolio manager on the Multi-Asset Solutions team within the Global Multi-Asset Research group based in London. An employee since 2005, Katherine currently focuses on alternative beta, tactical asset allocation and strategic portfolio construction across multi-asset class accounts and retirement research. She holds a B.A. in Mathematics from Bowdoin College, a M.S. in Mathematics in Finance from New York University and is a CFA charterholder.

Education
  • B.A. in mathematics from Bowdoin College
  • M.S. in mathematics in finance from New York University
Experience
  • Industry Experience, 10 Years
  • Firm Experience, 10 Years
  • Fund Experience, 4 Years
Other funds managed by Katherine Santiago:
Maddi Dessner
Maddi Dessner| CFA – Managing Director Biography

Maddi Dessner is a client portfolio manager on the Multi-Asset Solutions team based in New York and heads the client portfolio management team for the U.S. funds business. In addition, she works with the team's investors on managing inflation-sensitive asset portfolios. An employee since 1995, Maddi has also held roles within our institutional and retirement businesses and was a client portfolio manager in the Global Emerging Markets Group. She began her career at J.P. Morgan on the Foreign Exchange Options trading desk. Maddi earned a B.A. in Economics and an M.B.A. in Finance from the State University of New York at Buffalo and is a CFA charterholder.

Education
    B.A., Economics, State University of New York at Buffalo MBA, Finance, State University of New York at Buffalo
Experience
  • Industry Experience, 20 Years
  • Firm Experience, 20 Years
  • Fund Experience, 4 Years
Other funds managed by Maddi Dessner:
Nicole Goldberger
Nicole Goldberger| CFA – Executive Director Biography

Nicole Goldberger is a portfolio manager on J.P. Morgan Asset Management’s Multi-Asset Solutions team based in New York. An employee since 2003, she is responsible for manager selection and portfolio construction across both traditional and alternative asset classes. She focuses on portfolio management and the interpretation of tactical asset allocation strategy for outcome-oriented strategies, including total return, inflation and liability-aware, as well as numerous diversified portfolios. Nicole earned a B.S. in Finance from Boston College and is a CFA charterholder.

Education
  • B.S., Finance, Boston College University
Experience
  • Industry Experience, 12 Years
  • Firm Experience, 12 Years
  • Fund Experience, 4 Years
Other funds managed by Nicole Goldberger:

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 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 invests in other J.P. Morgan Funds and ETFs as a primary strategy, so the Fund's investment performance and risks are directly related to the performance and risks of the underlying funds. Shareholders bear both their proportionate share of the Fund's expenses, but also similar expenses of the investment company. An ETF may not track the underlying index and may result in a loss that may be disproportionately higher than the amount invested.

The Fund may invest in ETNs, the value of which may be influenced by time to maturity, level of supply and demand for the ETN, volatility and lack of liquidity in underlying commodities markets, changes in the applicable interest rates, changes in the issuer's credit rating and economic, legal, political or geographic events that affect the referenced commodity.

Developments affecting commodities will have a disproportionate impact on the Fund. The natural resources and energy sectors can be significantly affected by changes in the prices and supplies of oil, gas and other energy fuels, exploration and production spending and the success of energy spending, energy conservation, and tax and other government regulations, policies of the Organizations of Petroleum Exporting Countries (OPEC) and oil importing nations. Therefore, the securities of companies in the energy and natural resources sectors may experience more price volatility than companies in other industries. Use of leveraged commodity-linked derivatives creates an opportunity for increased return but, at the same time, creates the possibility for greater loss (including the likelihood of greater volatility of the Fund's net asset value), and there can be no assurance that the Fund's use of leverage will be successful.

Asset allocation/diversification does not guarantee investment returns and does not eliminate the risk of loss.

Total return assumes reinvestment of income.