Jupiter Distribution becomes first Mixed Investment 0%-35% Shares fund to gain an Elite Rating

Jupiter Distribution has become the first ‘Mixed Investment 0%-35% Shares’ fund to be awarded an Elite Rating by FundCalibre. In the first review of 2016, GAM Star Continental European Equity and GAM Star Credit Opportunities have also gained an Elite Rating.

Clive Hale, director of FundCalibre commented:

Jupiter Distribution is co-managed by Alastair Gunn and Rhys Petheram. We really like the fact that they attend company meetings together and analyse whether the best opportunities lie in the equity or debt structure, before investing accordingly. Historically, this fund has been one of the most cautious in its sector, whilst managing to post consistently good performance compared with its peers. It’s a strong contender for cautious investors.

GAM Star Credit Opportunities is another ‘safety first’ fund. It’s a strategic bond fund that seeks to produce a high level of income (currently yielding 4.8%) from investment grade company debt. Very little of what they own yields less than 6% at the initial purchase point and this gives them far less interest rate sensitivity, which is particularly valuable in the current volatile environment.

“Another fine offering from the GAM Star brand is their Continental European Equity fund. The manager is a true stock picker and holdings are therefore idiosyncratic, with many being held for a very long time, so performance comes from a real variety or sources. In a hotly contended sector with a number of big-named managers, this fund has been somewhat overlooked in the past and is consequently less well-known, but nonetheless worthy of consideration.”

This article is provided for information only. The views of the author and any people quoted are their own and do not constitute financial advice. The content is not intended to be a personal recommendation to buy or sell any fund or trust, or to adopt a particular investment strategy. However, the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Past performance is not a reliable guide to future returns. Market and exchange-rate movements may cause the value of investments to go down as well as up. Yields will fluctuate and so income from investments is variable and not guaranteed. You may not get back the amount originally invested. Tax treatment depends of your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of any investment you should seek professional advice. Whilst FundCalibre provides product information, guidance and fund research we cannot know which of these products or funds, if any, are suitable for your particular circumstances and must leave that judgement to you. Before you make any investment decision, make sure you’re comfortable and fully understand the risks. Further information can be found on Elite Rated funds by simply clicking on the name highlighted in the article.