The Jupiter Global Levered Absolute Return fund seeks to generate an absolute return over a three year rolling period, independent of market conditions, by investing on a global basis. The fund is a levered version of an existing unit trust portfolio managed by the team, and is designed for investors seeking exposure to the strategy with a higher level of volatility. Positions within the unit trust strategy will be levered up for inclusion in the Jupiter Global Levered Absolute Return fund portfolio. As a starting point the leverage will be approximately 2x, although the fund managers will adjust the leverage on a case-by-case basis for prudent portfolio management, taking into account factors such as fund flows and regulatory requirements on maximum position sizes.
3M EUR LIBOR