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.”

The views of the author and any people interviewed are their own and do not constitute financial advice. 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. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.