JPMorgan Liquidity Funds - EUR Liquidity LVNAV Fund X (acc)
ISIN LU1873128505 / Valor 43651870
JPMorgan Liquidity Funds - EUR Liquidity LVNAV Fund X (acc)
UMushroom community rating:
JPM EUR Liquidity LVNAV Fund aims to deliver a return in line with prevailing money market rates in euros while seeking to preserve capital to the extent consistent with those rates and maintain a high level of liquidity. To do this, the portfolio invests mainly in short-term EUR-denominated debt securities, deposits with credit institutions, and reverse repurchase agreements. The fund keeps a very short profile, with a weighted average maturity of no more than 60 days and individual debt securities generally limited to 397 days at purchase, and it focuses on higher-quality issuers, using internal credit procedures alongside minimum rating standards or comparable unrated securities of similar credit quality. In practice, the manager appears to select investments by balancing yield, credit quality, and liquidity, while also considering whether environmental, social, and governance factors could materially affect an issuer’s cash flows or risk profile. The fund may accept exposures to zero or negative-yielding instruments in challenging market conditions, but the overall approach is centered on short duration, capital preservation, and ready access to cash.
Ratings & reviews
OTHER SHARE CLASSES OF THIS FUND
