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JPM Global Natural Resources Fund A (acc) - EUR

What is the fund objective?J.P. Morgan Asset Management

To provide long-term capital growth by investing primarily in natural resources companies, globally.

To find out more please see the prospectus.


Who are the Fund Managers?

This fund has been managed by Ian Henderson since December 2004.

Ian Henderson, Managing Director, is a Portfolio Manager in the Global Equities Team, based in London, and is responsible for specialist mandates.

An employee since 1991, he was previously responsible for international portfolios and currently manages J. P. Morgan's Natural Resources Funds. Before joining the company, Ian spent nine years as Director and Chief Investment Officer at Wardley Investment Services International Limited. Leading up to this Ian worked for five years as an International Portfolio Manager involved in business development in London and New York for Morgan Grenfell & Co.

Ian began his career spending five years as an accountant with Peat Marwick Mitchell & Co. and has an MA, LLB in Scots Law and Politics from Edinburgh University. ACA and FCA.

Who is JP Morgan?

J.P. Morgan is a leader in financial services, offering solutions to clients in more than 100 countries with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years. Our business has been built upon our core principle of putting our clients' interests first.

J.P. Morgan is part of JPMorgan Chase & Co. (NYSE: JPM), a global financial services firm with assets of $2.0 trillion.

As at 30 July 2010

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Costs

J.P. Morgan Asset Management allows distributors to charge 5% for this fund (as per prospectus). At RaboDirect you will only pay 0.75% entry fee and 0.75% upon exit. We never charge for unexecuted or cancelled orders or for that matter cost of account maintenance.

Warning: Past Performance is not a reliable guide to future performance. The value of your investment may go down as well as up. Some Investment Funds may be affected by changes in currency exchange rates.

* Funds frequently bought together: This is for the information of our customers, and potential customers, based on general customer investment patterns, and does not constitute advice from us that you invest in any particular fund or a recommendation from us that a particular fund is suitable for you.

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Killian Nolan, Investment Manager at RaboDirect, has his say:


“It seems there’s no end in sight to emerging and developed economies hunger for commodities. Take China for example, they’re the largest consumer of every commodity except oil, devouring 20-30% of the global demand for base metals today and that’s likely to double over the next few years.

That’s why I’m so positive about natural resources. Massive differences in supply and demand are what drive the sector and regardless of uncertainty in the global market, the needs of the masses, particularly in emerging economies, are set to continue in the mid to long-term, which can only be good news for funds like this.