JPMorgan Funds Audited Annual Report - JP Morgan Asset ...

JPMorgan Funds - Global Convertibles Fund (EUR)
Schedule of Investments (Market Value Expressed in EUR)
As at 31 December 2013
Quantity/
Nominal
Value
Name of Securities
Maturity/
Coupon
Market
Value
%
of
Net
Assets
Quantity/
Nominal
Value
Name of Securities
Maturity/
Coupon
Market
Value
%
of
Net
Assets
Transferable Securities Admitted to an Official Exchange Listing
Shares and Warrants
UNITED STATES OF AMERICA
89,000 Dominion Resources Preference Shares Serie A 3,492,008 0.18
139,190 Dominion Resources Preference Shares Serie B 5,457,223 0.28
151,650 Goodyear Tire & Rubber Preference Shares 7,305,854 0.37
432,350 MetLife Preference Shares 9,829,846 0.50
294,880 NextEra Energy Preference Shares 10,726,529 0.54
200,065 NextEra Energy Preference Shares 2015 8,214,289 0.41
185,650 PPL Preference Shares 7,079,999 0.35
197,880 Weyerhaeuser Preference Shares 8,013,252 0.40
60,119,000 3.03
LUXEMBOURG
575,623 ArcelorMittal Preference Shares 10,741,013 0.54
GERMANY
10,741,013 0.54
90 Siemens - Warrants 16.08.17 2,016,000 0.10
205 Siemens - Warrants 16.08.19 5,863,000 0.30
7,879,000 0.40
Total Shares and Warrants 78,739,013 3.97
Bonds
NETHERLANDS
11,750,000 Siemens
Financieringsmaatschappij 16.08.19/1.650% 8,079,639 0.41
8,079,639 0.41
Total Bonds 8,079,639 0.41
Convertible Bonds
FRANCE
319,565,900 Air France-KLM 15.02.23/2.030% 35,214,564 1.78
20,800,000 BNP Paribas 27.09.16/0.250% 22,288,656 1.12
15,660,300 Cap Gemini 01.01.19/0.000% 11,326,547 0.57
11,229,100 Club Mediterranee 01.11.15/6.110% 2,190,011 0.11
13,913,900 Compagnie Générale des
Etablissements Michelin 01.01.17/0.000% 19,131,473 0.96
19,225,700 Crédit Agricole 06.12.16/0.000% 13,447,320 0.68
18,261,100 Faurecia 01.01.18/3.250% 6,034,819 0.30
5,331,400 Misarte 01.01.16/3.250% 9,436,205 0.48
24,205,900 Orpea 01.01.20/1.750% 12,492,060 0.63
7,877,100 Pierre & Vacances 01.10.15/4.000% 6,130,243 0.31
7,090,800 Rallye 02.10.20/1.000% 7,765,419 0.39
220,779,100 SOITEC 18.09.18/6.750% 4,587,790 0.23
10,940,800 Technip 01.01.17/0.250% 11,217,635 0.57
7,754,700 Unibail-Rodamco 01.01.18/0.750% 19,380,934 0.98
180,643,676 9.11
JAPAN
840,000,000 ABC-Mart 05.02.18/0.000% 6,715,067 0.34
980,000,000 Asahi Glass 14.11.14/0.000% 6,761,107 0.34
1,360,000,000 Asahi Group Holdings 26.05.28/0.000% 13,618,152 0.69
1,000,000 Bank of Iwate 25.07.18/0.000% 830,998 0.04
1,610,000,000 Bank of Kyoto 31.03.14/0.000% 11,181,051 0.56
480,000,000 Fukuyama Transporting 22.03.17/0.000% 3,922,166 0.20
1,260,000,000 Kawasaki Kisen Kaisha 26.09.18/0.000% 9,619,978 0.49
1,040,000,000 Kureha 14.03.18/0.000% 9,551,457 0.48
171,000,000 Nagoya Railroad 31.03.15/0.500% 1,476,233 0.07
510,000,000 Nagoya Railroad 03.10.23/0.000% 3,762,361 0.19
1,075,000,000 Nidec 18.09.15/0.000% 8,477,287 0.43
1,115,000,000 Nippon Meat Packers 03.03.14/0.000% 10,655,611 0.54
1,381,000,000 Nomura Research Institute 31.03.14/0.000% 9,614,590 0.48
610,000,000 Park24 26.04.18/0.000% 4,420,945 0.22
610,000,000 Sekisui House 05.07.16/0.000% 6,226,209 0.31
5,800,000 Shizuoka Bank 25.04.18/0.000% 4,488,583 0.23
560,000,000 Sumitomo Forestry 24.08.18/0.000% 3,990,768 0.20
383,000,000 Takashimaya 14.11.14/0.000% 3,462,363 0.18
380,000,000 Takashimaya 11.12.20/0.000% 2,832,905 0.14
770,000,000 Toppan Printing 19.12.19/0.000% 5,587,196 0.28
910,000,000 Yamato Holdings 07.03.16/0.000% 7,850,216 0.40
10,300,000 Yamuchi Financial Group 20.12.18/0.000% 7,789,676 0.39
142,834,919 7.20
LUXEMBOURG
3,200,000 APERAM 30.09.20/2.625% 2,628,857 0.13
30,400,000 GBL Verwaltung 07.02.17/1.250% 32,894,472 1.66
33,900,000 Glencore Finance Europe 31.12.14/5.000% 27,599,674 1.39
48,200,000 Subsea 7 05.10.17/1.000% 35,769,666 1.81
98,892,669 4.99
GERMANY
11,400,000 Adidas 14.06.19/0.250% 14,816,580 0.75
16,100,000 Deutsche Post 06.12.19/0.600% 21,793,765 1.10
12,900,000 Deutsche Wohnen 22.11.20/0.500% 12,822,020 0.64
7,200,000 KUKA 12.02.18/2.000% 8,381,520 0.42
272,713 TUI 24.03.16/2.750% 19,199,541 0.97
77,013,426 3.88
ITALY
6,100,000 ENI 30.11.15/0.250% 6,304,655 0.32
22,000,000 ENI 18.01.16/0.625% 23,250,150 1.17
11,500,000 Prysmian 08.03.18/1.250% 12,984,765 0.65
13,900,000 Schematrentaquattro 29.11.16/0.250% 15,037,159 0.76
57,576,729 2.90
NETHERLANDS
17,900,000 ACS Actividades Finance 22.10.18/2.625% 18,943,212 0.95
30,800,000 Lukoil International Finance 16.06.15/2.625% 24,164,259 1.22
11,300,000 Volkswagen International
Finance 09.11.15/5.500% 14,049,347 0.71
57,156,818 2.88
JERSEY
21,000,000 British Land Jersey 10.09.17/1.500% 27,875,145 1.41
4,800,000 Derwent London Capital No 2
Jersey 24.07.19/1.125% 5,788,472 0.29
7,300,000 INTU Jersey 04.10.18/2.500% 9,167,572 0.46
16,600,000 Vedanta Resources Jersey 13.07.16/5.500% 12,297,323 0.62
55,128,512 2.78
CAYMAN ISLANDS
7,200,000 China Overseas Finance
Investment Cayman 14.05.14/0.000% 7,455,478 0.37
15,250,000 ENN Energy Holdings 26.02.18/0.000% 14,254,947 0.72
236,000,000 Hengan International Group 27.06.18/0.000% 23,521,152 1.19
3,200,000 Siem Industries 12.09.19/1.000% 2,332,844 0.12
9,500,000 TPK Holding 01.10.17/0.000% 6,383,446 0.32
53,947,867 2.72
UNITED ARAB EMIRATES
23,800,000 Aabar Investments 27.05.16/4.000% 28,212,044 1.42
16,200,000 National Bank of Abu Dhabi 12.03.18/1.000% 12,692,486 0.64
40,904,530 2.06
BELGIUM
27,100,000 Groupe Bruxelles Lambert 21.09.15/0.125% 32,447,914 1.64
32,447,914 1.64
BRITISH VIRGIN ISLANDS
31,400,000 Billion Express Investments 18.10.15/0.750% 23,470,564 1.18
94,000,000 Wharf Finance 2014 07.06.14/2.300% 8,832,010 0.45
32,302,574 1.63
AUSTRIA
12,550,000 Steinhoff Finance Holding 22.05.16/5.000% 16,052,768 0.81
8,550,000 Steinhoff Finance Holding 31.03.18/4.500% 10,109,264 0.51
26,162,032 1.32
SPAIN
2,100,000 Abengoa 17.01.19/6.250% 2,152,962 0.11
12,300,000 International Consolidated
Airlines Group 31.05.18/1.750% 16,321,608 0.82
4,300,000 OHL Investments 25.04.18/4.000% 4,480,364 0.22
22,954,934 1.15
UNITED KINGDOM
12,100,000 TUI Travel 05.10.14/6.000% 17,548,380 0.89
3,300,000 TUI Travel 27.04.17/4.900% 4,985,294 0.25
22,533,674 1.14
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