JPMorgan Cautious Total Return awarded A rating from OBSR

In its latest fund rating review, OBSR has moved to rate the £567m JPMorgan Cautious Total Return Fund, the only multi asset fund in the total return sector to be rated.

Launched in July 2005, the JPMorgan Cautious Total Return Fund is one of the top performing total return funds in its sector. It invests primarily in fixed income securities, convertible bonds, equity securities and short-term money market securities. The fund aims to provide positive returns over a five year period with a low volatility.

Richard Romer-Lee, Research Director at OBSR explained why the fund has been rated, "We have been monitoring this fund for some considerable time, and through varying market conditions, and we now have sufficient conviction in the offering to be able to award this rating."

Jasper Berens, Head of UK Retail Sales at JPMorgan Asset Management said, "We are delighted to be awarded an A rating for JPMorgan Cautious Total Return Fund by OBSR. We appreciate gaining an OBSR rating is not easy as OBSR only rate about 10% of all funds, so the fact they believe long term in our product, the fund management team, the process and recognise the financial strength of JPMorgan Asset Management as a company is a great achievement."

Berens went on to say, "The fund has grown considerably in the three years since launch, with many advisers recognising the long term defensive nature of the fund in the core of clients' portfolios. We believe there are many advisers in the UK market who will only place OBSR rated funds into their clients' portfolios and JPMorgan Cautious Total Return now has that rating."

OBSR awards ratings based on a mixture of in-depth qualitative and quantitative analysis. The rating is an independent mark of quality, future potential and consistency within its sector. OBSR rates approximately 250 funds within a universe of 2500.