J.P. Morgan Personal Investing

In our latest investor update video, Scott Gardner, Investment Strategist, answers questions on the key financial market developments of the last month. About this update: This update was recorded on 31 March 2026. All figures, unless otherwise stated, relate to March 2026. Data to the 27th of the month. Sources: MacroBond, J.P. Morgan Personal Investing and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our latest investor update, Pacome Breton, Head of Portfolio Management, explains what moved global financial markets in February, and how the J.P. Morgan Personal Investing team made changes to our clients' portfolios to make the most of market opportunities. About this update: This update was recorded on 3 March 2026. All figures, unless otherwise stated, relate to the month of February 2026. Sources: MacroBond, J.P. Morgan Personal Investing and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax rules vary by individual status and may change. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our latest investor update, Director of Investment Strategy Brad Holland recaps a busy January and explains what has been driving financial markets this month. About this update: This update was recorded on 3 February 2026. All figures, unless otherwise stated, relate to the month of January 2026. Sources: MacroBond, J.P. Morgan Personal Investing and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our latest investor update, Portfolio Manager Bola Onifade reviews how markets rounded out 2025, and unravels the bond market clues that might hint at what investors are thinking.

In our 2026 investment outlook, we set out our key investment themes for the coming year. Our wealth experts also provide their key takeaways for the start of a new year, now there is firm ground on the the back of an action-packed Autumn Budget. If you want the detail and analysis that underpins these themes, you can access our full, written 2026 investment outlook on our website: https://www.personalinvesting.jpmorgan.com/guides/our-investment-outlook This podcast features: - Pacome Breton, Head of Portfolio Management - Scott Gardner, Investment Strategist - Brad Holland, Director of Investment Strategy - Bola Onifade, Portfolio Manager - Chris Liebetrau, Senior Wealth Manager & Financial Planner. About this update: This update was recorded on 8 December 2025. Sources: MacroBond, J.P. Morgan Personal Investing and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our latest investor update, Brad Holland, Director of Investment Strategy, reviews a positive month for global equities and explains why we saw such a notable drop in UK government bond yields. About this update: This update was recorded on 6 November 2025. All figures, unless otherwise stated, relate to the month of October 2025. Sources: MacroBond, J.P. Morgan Personal Investing and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our October investor update, Pacome Breton, Head of Portfolio Management, explains why investor enthusiasm over the Federal Reserve's September rate cut outweighed more mixed news elsewhere, lifting most markets. About this update: This update was recorded on 7 October 2025. All figures, unless otherwise stated, relate to the month of September 2025. Sources: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our latest investor update, Brad Holland, Director of Investment Strategy, takes a look at what moved financial markets in August and explains how portfolios are positioned. About this update: This update was recorded on 2 September 2025. All figures, unless otherwise stated, relate to the month of August 2025. Sources: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our latest Investor Update, James McManus, Head of Investments, takes a look at financial markets in July and explains how portfolios are positioned. About this update: This update was recorded on 5 August 2025. All figures, unless otherwise stated, relate to the month of July 2025. Sources: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our latest investor update, Pacome Breton, Head of Portfolio Management, takes a look at financial markets in June, and reflects on the first half of the year. About this update: This update was recorded on 8 July 2025. All figures, unless otherwise stated, relate to the month of June 2025. Sources: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our latest investor update, Brad Holland, Head of Investment Strategy outlines the adjustments the Nutmeg investment team is making to portfolios, and runs through what moved financial markets in May. About this update: This update was recorded on 3 June 2025. All figures, unless otherwise stated, relate to the month of May 2025. Sources: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our latest investor update, Pacome Breton, Head of Portfolio Management, takes a step back to review what has happened in a very busy month, and outlines how the Nutmeg investment team is managing portfolios. About this update: This update was recorded on 6 May 2025. All figures, unless otherwise stated, relate to the month of April 2025. Sources: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our latest investor update, Brad Holland, Head of Investment Strategy, talks tariffs, increased uncertainty for investors, and how the investment team at Nutmeg is responding. About this update: This update was recorded on 8th April 2025. All figures, unless otherwise stated, relate to the month of March 2024. Source: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our March update, James McManus, Head of Investments, explains what happened in financial markets in February and how the Nutmeg investment team is shaping portfolios. About this update: This update was recorded on 4th March 2025. All figures, unless otherwise stated, relate to the month of February 2024. Source: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our February update, Nutmeg's Head of Portfolio Management, Pacome Breton, walks us through the most important news for markets and how they responded. About this update: This update was recorded on 4th February 2025. All figures, unless otherwise stated, relate to the month of January 2025. Source: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

In our latest update, Brad Holland, Director of Investment Strategy, explains what happened in financial markets in December and what to expect in 2025. About this update: This update was recorded on 7 January 2025. All figures, unless otherwise stated, relate to the month of December 2024. Source: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

Nutmeg Chief Investment Officer James McManus, walks us through how investors reacted to November's US election. Source: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.

Nutmeg's Head of Portfolio Management, Pacome Breton, walks us through the events that mattered to investors in October, and explains how markets reacted. About this update: This update was recorded on 5 November. All returns figures, unless otherwise stated, relate to the month of October. Source: Nutmeg, Macrobond, Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past or future performance indicators are not a reliable indicator of future performance.

Brad Holland, Director of Investment Strategy, talks investors through market movements in September, including central bank announcements from China and the US, and how it affected Nutmeg portfolios. About this update: This update was recorded on 8 October. All returns figures, unless otherwise stated, relate to the month of September. Source: Nutmeg, Macrobond, Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past or future performance indicators are not a reliable indicator of future performance.

In our latest update, Pacome Breton, Chief investment Officer, outlines financial market performance in August, the causes of the early August market correction, as well as the implications of the Jackson Hole Symposium of Central Bankers. About this update: This update was recorded on 3rd September 2024. All figures, unless otherwise stated, relate to the month of August 2024. Source: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past performance and forecasts are not a reliable indicator of future performance. We do not provide investment advice in this update. Always do your own research.