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

JPMorgan Funds - Asia Pacific Income 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
Shares
AUSTRALIA
5,418,985 Amcor 51,079,814 1.42
1,483,213 ANZ Banking Group 42,765,472 1.19
1,723,320 BHP Billiton 58,569,953 1.63
8,196,074 CFS Retail Property Trust 14,226,708 0.40
4,675,517 Charter Hall Retail REIT 15,039,221 0.42
7,914,594 DUET Group 14,198,414 0.39
9,353,961 Federation Centres 19,542,461 0.55
1,996,151 Goodman Group 8,465,811 0.24
1,518,455 Hotel Property Investments 2,737,624 0.08
7,311,423 Insurance Australia Group 38,040,696 1.06
5,173,128 Investa Office Fund 14,464,388 0.40
578,888 Macquarie Group 28,448,635 0.79
20,629,230 Mirvac Group 31,055,241 0.86
9,293,534 Stockland 30,101,371 0.84
613,359 Sydney Airport 2,082,684 0.06
11,148,779 Telstra 52,320,227 1.46
13,130,791 Westfield Group 118,602,551 3.30
1,114,896 Westpac Banking 32,295,421 0.90
574,036,692 15.99
SINGAPORE
28,439,245 AIMS AMP Capital Industrial REIT 32,250,679 0.90
24,732,000 Ascendas India Trust 13,264,617 0.37
22,726,000 Asian Pay Television Trust 13,223,198 0.37
11,276,000 CapitaMall Trust 16,960,351 0.47
7,630,940 CapitaRetail China Trust 8,019,342 0.22
4,943,000 DBS Group Holdings 66,815,541 1.86
2,978,000 Frasers Centrepoint Trust 4,160,979 0.12
5,755,000 M1/Singapore 14,920,480 0.42
33,079,006 Mapletree Industrial Trust 35,090,004 0.98
8,607,000 Singapore Exchange 49,500,956 1.38
5,923,000 Singapore Telecommunications 17,020,587 0.48
3,277,000 United Overseas Bank 55,113,671 1.54
5,063,000 UOB-Kay Hian Holdings 6,623,317 0.18
332,963,722 9.29
CHINA
111,389,000 China Construction Bank - H Shares* 84,179,923 2.34
117,536,200 China Petroleum & Chemical - H Shares* 96,025,564 2.67
68,786,000 Industrial & Commercial Bank of China - H Shares* 46,572,329 1.30
24,572,000 Zhejiang Expressway - H Shares* 23,212,223 0.65
249,990,039 6.96
TAIWAN
15,231,000 Advanced Semiconductor Engineering 14,133,040 0.39
1,225,000 Asustek Computer 11,017,812 0.31
2,226,000 Chicony Electronics 5,586,458 0.16
2,107,000 China Steel Chemical 11,621,174 0.32
1,707,000 Delta Electronics 9,715,448 0.27
11,550,000 Far EasTone Telecommunications 25,326,739 0.71
2,988,000 Huaku Development 8,430,518 0.23
4,500,000 Kingdom Construction 5,152,557 0.14
12,234,627 Lite-On Technology 19,597,965 0.55
26,132,053 Mega Financial Holding 22,014,009 0.62
4,564,000 Quanta Computer 10,620,003 0.29
3,604,000 Radiant Opto-Electronics 13,141,157 0.37
6,430,000 Ruentex Development 12,450,377 0.35
5,042,000 Synnex Technology International 7,991,972 0.22
7,483,000 Taiwan Semiconductor Manufacturing 26,406,899 0.74
22,011,000 United Microelectronics 9,132,812 0.25
212,338,940 5.92
HONG KONG
35,241,500 BOC Hong Kong Holdings 112,826,793 3.14
4,060,000 China Mobile 42,070,775 1.17
12,000,000 CNOOC 22,331,412 0.62
1,517,000 Power Assets Holdings 12,066,001 0.34
2,502,000 YGM Trading 5,614,423 0.16
194,909,404 5.43
THAILAND
9,270,200 Bangkok Bank - NVDR 50,398,472 1.40
8,876,900 Bangkok Expressway (Foreign) 9,129,401 0.25
5,289,100 LPN Development (Foreign) 2,499,361 0.07
9,234,500 PTT (Foreign) 80,920,148 2.25
2,451,011 PTT Global Chemical (Foreign) 5,912,938 0.17
10,374,351 Shin (Foreign) 22,132,160 0.62
36,119,500 Thai Tap Water Supply (Foreign) 11,102,645 0.31
20,935,362 Ticon Industrial Connection (Foreign) 10,085,088 0.28
192,180,213 5.35
UNITED KINGDOM
11,109,877 HSBC Holdings 120,603,796 3.36
120,603,796 3.36
SOUTH KOREA
775,090 Daishin Securities Preference Shares 4,096,139 0.12
894,927 Dongsuh 14,350,390 0.40
253,420 Grand Korea Leisure 9,739,492 0.27
497,970 KT&G 35,333,683 0.98
3,320,900 Macquarie Korea Infrastructure Fund 19,354,113 0.54
131,587 SK Telecom 28,813,070 0.80
111,686,887 3.11
CAYMAN ISLANDS
19,000,000 Hutchison Telecommunications Hong Kong Holdings 7,216,182 0.20
10,563,200 Wynn Macau 47,883,891 1.33
55,100,073 1.53
NEW ZEALAND
31,221,855 Telecom Corp. of New Zealand 59,407,199 1.65
1,317,020 Z Energy 4,020,360 0.12
63,427,559 1.77
BERMUDA
23,331,434 NWS Holdings 35,414,939 0.99
391,100 VTech Holdings 5,081,612 0.14
42,768,000 Yuexiu Transport Infrastructure 22,365,489 0.62
62,862,040 1.75
INTERNATIONAL AGENCIES
39,978,000 HKT Trust 39,467,068 1.10
39,467,068 1.10
PHILIPPINES
338,370 Philippine Long Distance Telephone 20,320,486 0.57
20,320,486 0.57
INDONESIA
53,162,500 Telekomunikasi Indonesia Persero 9,450,383 0.26
9,450,383 0.26
INDIA
14,787,390 NHPC 4,663,228 0.13
4,663,228 0.13
Total Shares 2,244,000,530 62.52
Bonds
CAYMAN ISLANDS
13,900,000 Agile Property Holdings 20.03.17/9.875% 15,446,445 0.43
1,000,000 Agile Property Holdings 28.04.17/8.875% 1,057,745 0.03
1,200,000 Amber Circle Funding 04.12.22/3.250% 1,099,104 0.03
5,800,000 Azure Orbit International
Finance 06.03.23/3.750% 5,394,986 0.15
7,800,000 Central China Real Estate 04.06.18/6.500% 7,721,415 0.22
6,400,000 Central China Real Estate 28.01.20/8.000% 6,416,768 0.18
3,000,000 Champion MTN 17.01.23/3.750% 2,562,255 0.07
1,800,000 China Mengniu Dairy 27.11.18/3.500% 1,791,157 0.05
1,600,000 China Overseas Finance
Cayman II 10.11.20/5.500% 1,658,664 0.05
800,000 China Overseas Finance
Cayman III 29.10.23/5.375% 770,428 0.02
2,500,000 China Overseas Finance
Cayman III 29.10.43/6.375% 2,293,813 0.06
10,000,000 China Overseas Finance
Cayman IV 15.02.17/4.875% 10,581,800 0.29
2,800,000 China Overseas Finance
Cayman V 15.11.22/3.950% 2,464,574 0.07
1,200,000 China Overseas Finance
Cayman V 15.11.42/5.350% 1,002,786 0.03
7,000,000 China Resources Cement
Holdings 05.10.17/2.125% 6,835,675 0.19
4,600,000 China Resources Land 19.05.16/4.625% 4,820,018 0.13
8,600,000 China SCE Property Holdings 14.11.17/11.500% 9,551,375 0.27
5,000,000 China Shanshui Cement Group 22.07.14/6.500% 834,999 0.02
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