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

JPMorgan Funds - Asia Local Currency Debt Fund
Schedule of Investments (Market Value Expressed in USD)
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
Bonds
SOUTH KOREA
1,300,000,000 Korea (Republic of) 10.03.15/4.500% 1,265,166 3.42
1,700,000,000 Korea (Republic of) 10.03.17/3.500% 1,646,890 4.44
450,000,000 Korea (Republic of) 10.06.20/2.750% 490,160 1.32
1,300,000,000 Korea (Republic of) 10.06.20/5.000% 1,352,616 3.65
1,800,000,000 Korea (Republic of) 10.06.22/3.750% 1,743,766 4.70
650,000,000 Korea (Republic of) 10.12.30/4.750% 695,892 1.88
500,000 Korea National Oil 16.02.16/3.150% 400,873 1.08
200,000 Shinhan Bank 02.03.35/5.663%* 207,685 0.56
7,803,048 21.05
INDIA
30,000,000 Export-Import Bank of India 18.03.16/8.750% 481,947 1.30
50,000,000 India (Government of) 11.04.18/7.830% 775,058 2.09
50,000,000 India (Government of) 16.01.20/8.190% 776,859 2.10
30,000,000 India (Government of) 08.11.21/8.790% 477,762 1.29
40,000,000 India (Government of) 11.06.22/8.150% 611,938 1.65
25,000,000 India (Government of) 20.05.23/7.160% 368,245 0.99
3,491,809 9.42
SINGAPORE
2,000,000 ICICI Bank/Singapore 21.09.15/4.900% 336,126 0.91
1,500,000 ITNL Offshore 26.04.15/5.750% 254,692 0.69
750,000 Singapore (Government of) 01.09.22/3.125% 623,414 1.68
1,400,000 Singapore (Government of) 01.03.27/3.500% 1,172,019 3.16
700,000 Singapore (Government of) 01.04.42/2.750% 524,111 1.41
500,000 United Overseas Bank 01.04.21/3.450%* 402,508 1.09
3,312,870 8.94
INDONESIA
2,900,000,000 Indonesia (Republic of) 15.06.21/12.800% 297,927 0.80
6,000,000,000 Indonesia (Republic of) 15.07.21/8.250% 488,941 1.32
4,500,000,000 Indonesia (Republic of) 15.05.22/7.000% 338,167 0.91
3,100,000,000 Indonesia (Republic of) 15.09.25/11.000% 295,602 0.80
6,000,000,000 Indonesia (Republic of) 15.05.28/6.125% 383,740 1.04
7,700,000,000 Indonesia (Republic of) 15.08.30/10.500% 715,697 1.93
6,000,000,000 Indonesia (Republic of) 15.05.33/6.625% 389,057 1.05
200,000 Pertamina Persero 20.05.43/5.625% 159,770 0.43
3,068,901 8.28
THAILAND
15,000,000 Thailand (Government of) 16.06.17/3.250% 462,878 1.25
52,000,000 Thailand (Government of) 13.06.19/3.875% 1,629,152 4.39
7,200,000 Thailand (Government of) 31.03.21/5.850% 250,033 0.67
10,000,000 Thailand (Government of) 17.12.21/3.650% 304,158 0.82
6,000,000 Thailand (Government of) 17.12.27/3.580% 173,398 0.47
5,000,000 Thailand (Government of) 12.03.28/1.250% 133,024 0.36
2,952,643 7.96
HONG KONG
200,000 Chinatrust Commercial Bank
Hong Kong 31.12.49/5.625%* 200,398 0.54
250,000 Dah Sing Bank 09.02.22/4.875%* 206,007 0.56
2,000,000 Gemdale Asia Holding 21.03.18/5.625% 322,358 0.87
6,000,000 Hong Kong (Government of) 09.12.19/2.160% 796,740 2.15
4,500,000 Hong Kong (Government of) 21.06.21/2.310% 594,881 1.60
2,000,000 Yanlord Land/Honk Kong 23.05.16/5.375% 327,637 0.88
2,448,021 6.60
CHINA
1,000,000 Agricultural Development
Bank of China 22.06.15/3.200% 165,810 0.45
1,000,000 Bank of East Asia China 11.05.15/3.650% 166,740 0.45
1,000,000 China (People’s Republic of) 29.06.27/3.480% 153,462 0.41
1,600,000 China General Nuclear Power
Holding 01.11.15/3.750% 266,611 0.72
2,000,000 China Minmetals 28.03.16/3.650% 330,730 0.89
1,000,000 Shanghai Baosteel Group 01.03.15/3.675% 166,134 0.45
1,249,487 3.37
MALAYSIA
200,000 AMBB Capital 31.12.49/6.770%* 203,853 0.55
3,000,000 Axiata SPV2 18.09.14/3.750% 497,268 1.34
2,000,000 Danga Capital 20.10.14/2.900% 329,997 0.89
200,000 Public Bank 22.08.36/6.840%* 208,538 0.56
PHILIPPINES
25,000,000 Philippines (Republic of) 15.01.21/4.950% 600,352 1.62
10,000,000 Philippines (Republic of) 26.11.22/3.900% 219,859 0.59
15,000,000 Philippines (Republic of) 14.01.36/6.250% 359,716 0.97
1,179,927 3.18
BRITISH VIRGIN ISLANDS
1,000,000 Big Will Investments 29.04.14/7.000% 166,582 0.45
4,500,000 Henderson Land MTN 13.03.14/2.160% 580,894 1.57
747,476 2.02
CAYMAN ISLANDS
2,000,000 China Shanshui Cement Group 22.07.14/6.500% 333,999 0.90
2,000,000 Dorsett Hospitality
International 03.04.18/6.000% 327,628 0.88
661,627 1.78
UNITED KINGDOM
3,000,000 CCBL Funding 29.11.15/3.200% 496,654 1.34
496,654 1.34
BERMUDA
2,000,000 Beijing Enterprises Water
Group 30.06.14/3.750% 330,812 0.90
330,812 0.90
JAPAN
1,000,000 Mitsui & Co. 01.03.17/4.250% 169,543 0.45
169,543 0.45
Total Bonds 29,152,474 78.63
Convertible Bonds
BERMUDA
3,000,000 China Daye Non-Ferrous
Metals Mining 30.05.18/0.500% 468,285 1.26
468,285 1.26
JAPAN
10,000,000 SBI Holdings 02.11.17/0.000% 114,730 0.31
114,730 0.31
Total Convertible Bonds 583,015 1.57
Total Transferable Securities Admitted to an
Official Exchange Listing
29,735,489 80.20
Transferable Securities Dealt in on Another Regulated Market
Bonds
MALAYSIA
2,200,000 Malaysia (Government of) 31.10.17/3.314% 662,801 1.79
3,000,000 Malaysia (Government of) 29.11.19/4.378% 933,480 2.52
1,500,000 Malaysia (Government of) 31.03.20/3.492% 444,859 1.20
1,200,000 Malaysia (Government of) 15.08.22/3.418% 346,516 0.94
1,300,000 Malaysia (Government of) 15.03.23/3.480% 377,592 1.02
1,000,000 Malaysia (Government of) 15.04.26/4.392% 301,184 0.81
300,000 Malaysia (Government of) 15.04.32/4.127% 85,915 0.23
3,152,347 8.51
PHILIPPINES
24,300,000 Philippines (Republic of) 27.01.16/7.000% 603,455 1.63
9,000,000 Philippines (Republic of) 18.02.20/7.750% 254,807 0.69
30,000,000 Philippines (Republic of) 06.12.22/4.000% 706,177 1.91
1,564,439 4.23
HONG KONG
2,000,000 Airport Authority Hong Kong 05.09.22/2.250% 236,500 0.64
3,000,000 HKCG Finance 16.05.22/3.300% 369,584 0.99
606,084 1.63
SOUTH KOREA
3,000,000 Export-Import Bank of Korea 23.09.21/3.450% 373,768 1.00
373,768 1.00
1,239,656 3.34
53