With that in mind, this week’s head-to-head battle takes place in the strategic bond space between two heavyweights in the sector, the JP Morgan Income Opportunity Fund and the Jupiter Strategic Bond Fund.
The JP Morgan fund is the bigger of the two with assets under management of £6.3bn, while the Jupiter fund has only £2.2bn. The JP Morgan fund is also classified in the FCA recognised offshore fund category as it is domiciled in Luxembourg.
According to Alexander George, Investment analyst at Dart Capital, both funds can be classified as strategic bond funds because the both have the flexibility to invest, both long and short, across the fixed income market spectrum.
