- According to FE fundinfo, since launch on 2 June 2008 to 30 April 2026, the Jupiter Strategic Bond fund has returned 150.52%, versus the average return of 103.13% in the IA Sterling Strategic Bond sector.
- “The fund has performed strongly not only since launch, but also in terms of its recent history,” said Bezalel. “In 2025 we delivered a return of nearly 10%, which is up there amongst the best in the peer group.”
- Bezalel noted these returns were generated across the fixed income landscape, from government bonds to high yield and in emerging market debt.
- “Paraguay has generated strong returns over recent months, and we think it is one of the most compelling opportunities in emerging markets,” he said. “Right now, it is providing a yield of about 8.5% for an investment grade rated sovereign. With inflation running at about 2%, it means we are getting real yields of about 6.5% in a country that has a right leaning politician and is rich in commodities, especially soft commodities. So, it is something we are very excited about.”
- Bezalel added: “We have achieved what a strategic bond should be able to do, namely generate returns across the fixed income landscape.”