Robrecht Wouters
Senior Fund Manager
Fund manager Robrecht Wouters has a highly selective, valuation-oriented investment style, which focuses on undervalued pan-European companies that generate high returns on capital. His stock-picking approach is unconstrained by benchmark weightings and combines traditional ‘value’ investing (focusing on attractive valuations) and ‘quality’ characteristics, such as high return on capital employed.
As part of our commitment to managing fund capacity and preserving liquidity, we are no longer marketing the Fund to new intermediaries.
Senior Fund Manager
Fund Manager
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
Paul Wild manages this long-established fund with a pragmatic investment process that combines top-down economic and sector views with bottom-up stock picking. The Fund’s core style and risk profile has enabled it to outperform in both up and down markets and helped to build a market-leading performance track record since the Fund’s launch in 2
Read MoreThe Fund was launched in Q1 2015 as a large-cap, concentrated version of the highly successful JOHCM European Select Values Fund (ESV). Managed by experienced European equity investors Robrecht Wouters, long-standing lead manager of the ESV fund, and Luis Fananas, the duo have a highly selective, valuation-oriented investment approach which foc
Read MoreThe Fund aims to achieve long-term capital appreciation by investing in the equity securities of companies listed primarily on exchanges in Europe, including the UK.
Fund size | GBP 798.62m | ||||||||||||||||||
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Strategy size | GBP 832.21m (as at 31 December 2020) | ||||||||||||||||||
Benchmark | MSCI Europe NR 12pm adjusted | ||||||||||||||||||
Domicile | Ireland | ||||||||||||||||||
Denomination | GBP, EUR | ||||||||||||||||||
Share classes |
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Unit type | Distribution | ||||||||||||||||||
XD Date | 31 December | ||||||||||||||||||
Payment date | 28 February | ||||||||||||||||||
Minimum investment |
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Valuation point | Daily (12pm, UK time) | ||||||||||||||||||
Dealing frequency | Daily 9-5pm | ||||||||||||||||||
Fund codes |
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©2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Morningstar Overall Ratings and Morningstar Analyst Ratings are as at 31/10/2020.
Initial charge | Up to 5% |
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Annual mgmt charge (A) | 0.75% |
Annual mgmt charge (B) | 1.25% |
Performance fee | 15% on excess if Fund outperforms benchmark, calculated daily. Any underperformance carried forward. This fee applies to all share classes. |
Status | UCITS |
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Investment manager | J O Hambro Capital Management |
Transfer agent and registrar | RBC Investor Services Limited |
Depositary | RBC Investor Services Limited |
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
Equity markets continued their recovery rising more than 2% as economic lead indicators continued to improve, further stimulus plans were discussed and vaccination rollouts, after initial setbacks, started to improve. The Fund outperformed despite relative headwinds from the Fund’s structural absence in financials and commodities. The main positive contributors were Swiss solar cell group Meyer Burger and industrials ThyssenKrupp and Rolls Royce.
In terms of portfolio activity we made two new investments. We completed the purchase of Swiss luxury watch and jewellery group Swatch Group (Market Cap CHF13bn) early in the month. Depressed 2020 sales, down by -32% because of Covid-19, disguise the company’s efforts, started in 2019, to structurally improve its lingering profitability. Testament to the success of these efforts is the fact that H2 2020 margins were flat at 11% versus a year ago, despite sales being down by 18%. With structural headwinds in low-end watches (after several years of declines now less than 10% of company revenue) and mechanical components (sales to third party watchmakers ended in 2020) abating, underlying revenue growth can improve compared to before. Given high operational gearing, strong pricing power, and with continued cost focus, management’s ambition to restore profitability to 15%-20% is credible, despite history not being on their side. Adjusted for net cash of CHF1.7bn, Swatch Group’s normalised equity free cash flow yield exceeds 10%: we believe Swatch Group to be undervalued by +65%.
The other new addition was Atlantic Sapphire (Mkt cap NOK11bn), the largest land-based salmon farmer globally. For several years we have closely followed the salmon farming industry in search for investment opportunities. Health and wellness considerations mean a growing global demand for salmon but supply growth is limited. Salmon farming might be one of the most eco-efficient forms of protein production, it is under rising environmental constraints leading to stricter regulations and extra costs (fish diseases, feedstock costs). Sustainability concerns have increased the cost of sea-based farming and with prices rising as a result, the salmon market has gradually opened a viable opportunity for land-based salmon farming as the latter’s relative cost disadvantages decline. Over the last decade, land-based salmon farming has successfully leveraged technological progress and can also claim superior health credentials with the absence of antibiotics and pesticides, a much greener and shorter value chain (proximity to end consumer) and no impact on sea waters.
After a decade of R&D at its Denmark facility, Atlantic Sapphire has started commercialising the first harvests from its Florida land-based salmon-farm. With 98% of US salmon consumption imported (70% by air), having local supply saves significantly on transport and gives the company an extra green sustainability and cost competitive advantage. Atlantic should match the farming cost/kg of large sea-based farmers and combined with customer proximity (freshness) and green label, sustainable price premiums will support solid returns on invested capital (c.20% after tax). All cash flow (and more) is currently reinvested in growing capacity. With expansion licensing permits in place and significant demand unfulfilled, we would expect expansion to be successful. As a result the underlying free cash flow multiple drops rapidly and in four years is less than 10x. At target capacity of 220kt capacity (by 2031)- equivalent to 9% of the current global salmon aquaculture and half the size of the number one aquaculture company Mowi - we estimate the company trades on less than 4x underlying free cash flow. We believe the company to be undervalued today by over 100%.
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
A GBP share class, since launch (5 May 2003)
Past performance is no guarantee of future performance. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
Mar 16 - Mar 17 | Mar 17 - Mar 18 | Mar 18 - Mar 19 | Mar 19 - Mar 20 | Mar 20 - Mar 21 | |
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Fund | 23.16% | 14.55% | -13.25% | 1.77% | 10.17% |
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual | Since inception | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 2003 | 0.80 | 4.66 | 4.55 | 7.71 | 0.25 | 5.29 | 0.24 | 2.63 | 29.00 | |||||
Benchmark | 2003 | -0.05 | 1.39 | 2.63 | 2.60 | -2.15 | 3.38 | 2.80 | 4.29 | 15.73 | |||||
Fund | 2004 | 3.33 | 3.00 | -3.93 | 2.58 | -3.25 | 3.82 | -5.37 | -0.54 | 2.97 | 2.66 | 5.77 | 2.17 | 13.26 | |
Benchmark | 2004 | 0.29 | 0.67 | -2.87 | 2.72 | -1.62 | 2.78 | -3.46 | 1.74 | 3.72 | 1.99 | 4.64 | 1.22 | 12.07 | |
Fund | 2005 | 1.64 | 3.70 | -0.58 | -3.66 | 4.20 | 3.58 | 7.79 | -0.82 | 2.76 | -6.23 | 7.01 | 6.04 | 27.38 | |
Benchmark | 2005 | -0.15 | 3.30 | -0.49 | -3.44 | 5.14 | 2.62 | 6.34 | -1.39 | 4.48 | -3.67 | 5.02 | 3.74 | 22.94 | |
Fund | 2006 | 5.37 | 3.11 | 4.55 | 1.61 | -6.84 | 0.75 | -0.30 | 0.80 | 4.69 | 2.22 | 1.48 | 2.86 | 21.60 | |
Benchmark | 2006 | 3.03 | 2.48 | 3.82 | 0.52 | -6.19 | 2.24 | 1.18 | 1.26 | 2.65 | 2.08 | 1.05 | 2.16 | 17.11 | |
Fund | 2007 | 3.89 | 0.26 | 4.62 | 4.01 | 2.85 | -4.02 | -2.17 | 2.75 | -0.16 | -2.01 | 3.45 | 13.83 | ||
Benchmark | 2007 | 0.78 | 0.50 | 2.45 | 5.04 | 2.93 | -2.05 | -2.80 | -0.42 | 4.57 | 2.89 | -1.67 | 1.66 | 14.38 | |
Fund | 2008 | -10.29 | -0.87 | -2.44 | 1.67 | -0.71 | -12.64 | -6.39 | 7.37 | -10.12 | -14.15 | -0.66 | 14.73 | -32.36 | |
Benchmark | 2008 | -11.69 | 3.60 | -0.62 | 5.21 | 1.76 | -10.02 | -0.89 | 3.56 | -13.26 | -15.78 | 1.57 | 13.49 | -24.30 | |
Fund | 2009 | -7.35 | -6.80 | 8.10 | 12.61 | 2.32 | -0.89 | 9.73 | 9.42 | 7.73 | 0.35 | 1.29 | 4.21 | 46.05 | |
Benchmark | 2009 | -10.67 | -10.38 | 5.38 | 12.00 | 2.75 | -3.15 | 8.45 | 8.93 | 6.44 | -2.42 | 1.17 | 3.35 | 20.64 | |
Fund | 2010 | -3.39 | 4.22 | 8.47 | -2.54 | -6.02 | -2.90 | 3.57 | -2.76 | 10.34 | 4.42 | -1.45 | 10.47 | 22.73 | |
Benchmark | 2010 | -6.13 | 2.66 | 7.93 | -3.17 | -6.55 | -4.29 | 6.50 | -3.58 | 9.44 | 2.90 | -4.10 | 7.87 | 7.76 | |
Fund | 2011 | -1.63 | 1.79 | 2.99 | 3.51 | 0.59 | -6.32 | -7.47 | -4.96 | 9.43 | -7.01 | 1.44 | -8.68 | ||
Benchmark | 2011 | 1.14 | 1.32 | 0.97 | 3.94 | -1.89 | -0.24 | -4.89 | -10.36 | -5.77 | 10.92 | -7.02 | 2.18 | -10.87 | |
Fund | 2012 | 3.77 | 5.14 | 0.37 | -3.29 | -6.28 | 3.22 | 2.05 | 3.16 | 2.11 | 2.07 | 1.90 | 2.63 | 17.55 | |
Benchmark | 2012 | 4.36 | 5.26 | -1.86 | -3.44 | -6.96 | 4.35 | 2.81 | 3.18 | 1.64 | 2.02 | 2.34 | 1.47 | 15.47 | |
Fund | 2013 | 9.16 | 3.77 | 1.79 | -1.02 | 3.16 | -2.34 | 8.78 | -1.52 | 0.41 | 4.50 | -0.86 | 0.89 | 29.27 | |
Benchmark | 2013 | 8.45 | 1.08 | -0.11 | 1.72 | 3.08 | -4.81 | 6.57 | -1.96 | 1.49 | 5.49 | -0.61 | 0.80 | 22.49 | |
Fund | 2014 | -4.06 | 4.49 | 1.77 | 0.05 | 2.46 | -2.42 | -2.60 | 2.30 | -2.59 | -1.27 | 6.31 | -1.66 | 2.24 | |
Benchmark | 2014 | -3.99 | 5.78 | 0.14 | 0.91 | 1.58 | -2.09 | -1.94 | 1.59 | -1.67 | -1.00 | 4.08 | -3.13 | -0.22 | |
Fund | 2015 | 2.61 | 2.74 | 2.69 | 0.29 | 2.43 | -7.11 | 2.20 | -4.65 | -0.97 | 4.56 | 1.97 | 0.18 | 6.47 | |
Benchmark | 2015 | 4.08 | 2.64 | 2.09 | -0.18 | 1.76 | -6.01 | 1.94 | -5.33 | -3.00 | 5.11 | 1.12 | -0.99 | 2.57 | |
Fund | 2016 | -1.27 | 4.00 | 3.03 | -0.39 | -0.26 | 4.72 | 6.10 | 1.78 | 0.37 | 3.29 | -5.54 | 5.83 | 23.16 | |
Benchmark | 2016 | -4.32 | 1.18 | 3.26 | 1.17 | -0.41 | 2.37 | 6.24 | 2.19 | -0.01 | 4.75 | -4.08 | 5.61 | 18.75 | |
Fund | 2017 | 1.76 | 1.48 | 4.18 | 1.63 | 4.07 | -0.41 | 0.12 | 1.26 | -1.08 | 1.51 | -1.57 | 0.90 | 14.55 | |
Benchmark | 2017 | 1.42 | 0.84 | 3.69 | 0.71 | 5.23 | -1.33 | 0.85 | 1.74 | -0.69 | 1.93 | -1.06 | 0.52 | 14.53 | |
Fund | 2018 | 0.38 | -3.32 | -3.71 | 1.53 | 1.33 | -1.21 | 2.81 | 0.95 | -0.02 | -5.82 | -1.27 | -5.34 | -13.25 | |
Benchmark | 2018 | 1.01 | -3.51 | -2.99 | 5.11 | 0.51 | -0.35 | 3.74 | -1.45 | -0.55 | -5.60 | -0.61 | -4.80 | -9.60 | |
Fund | 2019 | 2.81 | 1.84 | 1.45 | 5.42 | -4.83 | 5.62 | 0.49 | -4.90 | -0.91 | -5.73 | 0.47 | 0.81 | 1.77 | |
Benchmark | 2019 | 3.74 | 1.79 | 2.14 | 4.26 | -2.57 | 5.85 | 2.61 | -2.04 | 0.95 | -1.67 | 1.96 | 1.36 | 19.58 | |
Fund | 2020 | -4.45 | -6.49 | -11.78 | 8.41 | 7.90 | 2.69 | -1.27 | 3.94 | -0.82 | -8.03 | 18.70 | 4.72 | 10.17 | |
Benchmark | 2020 | -1.67 | -7.40 | -12.09 | 6.86 | 5.77 | 3.50 | -1.34 | 1.75 | -0.47 | -6.27 | 14.71 | 1.90 | 2.51 | |
Fund | 2021 | 0.03 | 2.84 | 2.88 | 566.08 | ||||||||||
Benchmark | 2021 | -1.52 | 0.28 | -1.25 | 303.70 |
JOHCM/MSCI Barra/FTSE Group/Bloomberg/Lipper.
Data shown net of fees, net income reinvested.Please note that fund performance is shown against the MSCI Europe NR 12pm adjusted in GBP. Performance of other share classes may vary and is available on request. Data for the period 7 May 2003 to 31 December 2012 is shown against the FTSE Eurofirst 300 TR Index. Where shown, monthly returns table shows compounded discrete monthly performance.
Past performance is no guarantee of future performance. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
Fund size | GBP 798.62m |
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Number of holdings | 41 |
Oracle | 4.59% |
Liberty Global | 4.44% |
Meyer Burger | 4.19% |
Corbion | 4.16% |
Thyssen Krupp | 3.65% |
Danone | 3.57% |
SWATCH GROUP INH | 3.48% |
UNITED INTERNET | 3.34% |
ROLLS-Royce | 3.06% |
CONTINENTAL | 2.83% |
Oracle | +4.59% |
Liberty Global | +4.44% |
Meyer Burger | +4.19% |
Corbion | +4.16% |
Thyssen Krupp | +3.65% |
SWATCH GROUP INH | +3.40% |
UNITED INTERNET | +3.30% |
Danone | +3.14% |
ROLLS-Royce | +2.93% |
Ceconomy | +2.81% |
Portfolio | Benchmark | Relative | ||
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Consumer Staples | 17.39% | 12.29% | 5.10% | |
Industrials | 16.13% | 14.54% | 1.59% | |
Materials | 14.81% | 8.57% | 6.24% | |
Consumer Discretionary | 12.97% | 11.68% | 1.29% | |
Communication Services | 12.77% | 3.87% | 8.90% | |
Health Care | 9.37% | 13.91% | -4.54% | |
Information Technology | 8.78% | 7.99% | 0.80% | |
Energy | 4.01% | 4.78% | -0.77% | |
Financials | 0.00% | 16.47% | -16.47% | |
Real Estate | 0.00% | 1.34% | -1.34% | |
Utilities | 0.00% | 4.56% | -4.56% | |
Cash | 3.77% | 0.00% | 3.77% |
Portfolio | Benchmark | Relative | ||
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Large Cap | 51.92% | 99.64% | -47.71% | |
Medium Cap | 21.48% | 0.36% | 21.12% | |
Small Cap | 23.10% | 0.00% | 23.10% | |
Cash | 3.50% | 0.00% | 3.50% |
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
Fund |
As at noon | Share class | Currency | Domicile | Sedol number | NAV per share | Change | |
JOHCM Asia ex Japan Fund | 09/04/2021 | A | EUR | Ireland | B431KK7 | 2.779 | -0.017 | |
A | GBP | Ireland | B3RQ272 | 2.856 | -0.018 | |||
A | USD | Ireland | B435PM6 | 2.448 | -0.018 | |||
B | GBP | Ireland | B3ZQS76 | 2.809 | -0.018 | |||
B | USD | Ireland | BF7NZT0 | 2.484 | -0.019 | |||
B | EUR | Ireland | B5L49R5 | 2.814 | -0.018 | |||
Z | GBP | Ireland | B44PG77 | 2.026 | -0.013 | |||
Z | USD | Ireland | BVG7681 | 1.635 | -0.011 | |||
JOHCM Asia ex Japan Small and Mid Cap Fund | 09/04/2021 | A | GBP | Ireland | B6R5LS4 | 2.742 | -0.018 | |
A | USD | Ireland | B6R5QW3 | 2.496 | -0.019 | |||
A | EUR | Ireland | B6R5VD9 | 2.398 | -0.016 | |||
B | GBP | Ireland | B6R63P8 | 2.683 | -0.018 | |||
B | USD | Ireland | B6R5YM9 | 2.388 | -0.019 | |||
B | EUR | Ireland | B6R5HM0 | 2.720 | -0.017 | |||
Z | GBP | Ireland | B4X3T62 | 2.072 | -0.014 | |||
JOHCM Continental European Fund | 09/04/2021 | A | GBP | Ireland | 3300912 | 5.355 | 0.018 | |
A | USD | Ireland | BJ4G0G2 | 1.664 | 0.007 | |||
A | EUR | Ireland | 3300923 | 4.312 | 0.016 | |||
A Hedged | GBP | Ireland | BSJCJ49 | 1.458 | 0.006 | |||
B | GBP | Ireland | 3100543 | 5.168 | 0.018 | |||
B | USD | Ireland | BJ4G0H3 | 1.699 | 0.006 | |||
B | EUR | Ireland | 3300901 | 4.344 | 0.014 | |||
Y | GBP | Ireland | B993PD0 | 1.972 | 0.007 | |||
Y | EUR | Ireland | B98YKX9 | 1.661 | 0.006 | |||
Y Hedged | GBP | Ireland | BSJCJ50 | 1.520 | 0.006 | |||
JOHCM European Concentrated Value Fund | 09/04/2021 | A | EUR | Ireland | BW0DJY9 | 1.099 | 0.002 | |
B | EUR | Ireland | BW0DJZ0 | 1.093 | 0.001 | |||
Z | AUD | Ireland | BYNJFM8 | 1.234 | 0.003 | |||
Z | EUR | Ireland | BYNJFN9 | 1.010 | 0.001 | |||
JOHCM European Select Values Fund | 09/04/2021 | A | GBP | Ireland | 3290422 | 6.069 | 0.010 | |
A | EUR | Ireland | 3290433 | 3.895 | 0.006 | |||
B | GBP | Ireland | 3290400 | 5.562 | 0.009 | |||
B | EUR | Ireland | 3290411 | 2.609 | 0.004 | |||
Non-Distributing | EUR | Ireland | BSFWK51 | 1.447 | 0.002 | |||
X | EUR | Ireland | B4K14L9 | 1.867 | 0.002 | |||
Y | EUR | Ireland | BMXC8L3 | 1.047 | 0.003 | |||
JOHCM Global Emerging Markets Opportunities Fund | 09/04/2021 | A | GBP | Ireland | B4002N4 | 1.559 | -0.010 | |
A | USD | Ireland | B4M6CN0 | 1.378 | -0.010 | |||
A | EUR | Ireland | B3ZBLW7 | 1.692 | -0.010 | |||
B | GBP | Ireland | B41RZ57 | 1.500 | -0.009 | |||
B | USD | Ireland | B4XXMP2 | 1.802 | -0.013 | |||
B | EUR | Ireland | B4TRCR0 | 1.672 | -0.011 | |||
Y | GBP | Ireland | BYSGJY4 | 1.878 | -0.011 | |||
Y | USD | Ireland | BYSGJZ5 | 1.677 | -0.012 | |||
Z | GBP | Ireland | B6R54W9 | 1.961 | -0.012 | |||
Z | CAD | Ireland | BBPK0L2 | 1.820 | -0.013 | |||
Z | AUD | Ireland | B5W6ZB6 | 2.066 | -0.012 | |||
JOHCM Global Income Builder Fund | 09/04/2021 | GBP | Ireland | BFZWPH7 | 1.111 | 0.004 | ||
A | SGD | Ireland | BFZWPG6 | 1.075 | 0.002 | |||
A | GBP | Ireland | BFZWPC2 | 1.061 | 0.003 | |||
A | USD | Ireland | BFZWPF5 | 1.085 | 0.003 | |||
A | EUR | Ireland | BFZWPD3 | 1.081 | 0.003 | |||
B | EUR | Ireland | BFZWPJ9 | 1.048 | 0.004 | |||
EUR | EUR | Ireland | BKF2GH9 | 0.960 | 0.002 | |||
GBI | GBP | Ireland | BHR0DJ1 | 1.085 | 0.003 | |||
JOHCM Global Opportunities Fund (offshore) | 09/04/2021 | A | USD | Ireland | B89JY23 | 2.248 | -0.002 | |
A | EUR | Ireland | B7MR557 | 2.399 | 0.001 | |||
A | GBP | Ireland | B89PQM5 | 2.195 | 0.001 | |||
B | GBP | Ireland | BF7NZS9 | 2.419 | 0.002 | |||
B | USD | Ireland | B8295C7 | 2.141 | -0.001 | |||
B | EUR | Ireland | B80FZF0 | 2.210 | 0.001 | |||
IHX | EUR | Ireland | BFZWWX2 | 1.084 | 0.000 | |||
X | GBP | Ireland | BQVC9L0 | 1.874 | 0.001 | |||
X | EUR | Ireland | BMCZLF8 | 1.173 | 0.001 | |||
X | EUR | Ireland | BJ5JW42 | 1.093 | 0.000 | |||
X Hedged | GBP | Ireland | BF29TX5 | 1.156 | -0.001 | |||
Z | GBP | Ireland | B83MS15 | 0.872 | 0.000 | |||
Z | GBP | Ireland | BD6R4D6 | 1.660 | 0.001 | |||
Z | EUR | Ireland | BDZD4M4 | 1.078 | 0.001 | |||
JOHCM Global Opportunities Fund (onshore) | 09/04/2021 | A Accumulating | GBP | UK | BJ5JMC0 | 1.127 | 0.000 | |
A Distributing | GBP | UK | BJ5JMD1 | 1.083 | 0.000 | |||
AHA | GBP | UK | BKDV8G1 | 1.157 | -0.001 | |||
X Accumulating | GBP | UK | BJ5JMF3 | 1.096 | 0.001 | |||
X Distributing | GBP | UK | BJ5JMG4 | 1.080 | 0.000 | |||
JOHCM Global Select Fund | 09/04/2021 | A | GBP | Ireland | B3DBRN2 | 4.625 | 0.015 | |
A | USD | Ireland | B3T31Z2 | 2.614 | 0.005 | |||
A | EUR | Ireland | B3DBRP4 | 4.296 | 0.013 | |||
B | GBP | Ireland | B3DBRL0 | 4.459 | 0.014 | |||
B | USD | Ireland | B5L7L67 | 2.984 | 0.006 | |||
B | EUR | Ireland | B3DBRM1 | 4.158 | 0.013 | |||
Z | GBP | Ireland | B3DCMB8 | 3.329 | 0.012 | |||
Z | USD | Ireland | B4V7J00 | 2.945 | 0.008 | |||
JOHCM Japan Fund | 09/04/2021 | A | GBP | Ireland | B00X0H5 | 2.520 | -0.001 | |
A | EUR | Ireland | 3438880 | 1.840 | -0.001 | |||
A Hedged | GBP | Ireland | B5LD7P6 | 1.815 | 0.004 | |||
A JPY | JPY | Ireland | 3438891 | 365.482 | 0.765 | |||
B | GBP | Ireland | 3438846 | 2.460 | -0.002 | |||
B | EUR | Ireland | 3438857 | 1.784 | -0.001 | |||
B Hedged | GBP | Ireland | B6386R1 | 1.819 | 0.004 | |||
B JPY | JPY | Ireland | 3438868 | 361.419 | 0.752 | |||
JOHCM UK Dynamic Fund | 09/04/2021 | A Accumulating | GBP | UK | B4T7HR5 | 2.621 | 0.001 | |
A Distributing | GBP | UK | B4T8552 | 1.832 | 0.001 | |||
B Accumulating | GBP | UK | B4T7JX5 | 2.912 | 0.001 | |||
B Distributing | GBP | UK | B4TXJ33 | 1.668 | 0.001 | |||
X Accumulating | GBP | UK | BJ7HNB8 | 1.021 | 0.000 | |||
X Distributing | GBP | UK | BJ5JMB9 | 0.954 | 0.000 | |||
Y | GBP | Ireland | BDGKPZ4 | 0.955 | 0.001 | |||
Y | GBP | UK | BDZRJ21 | 1.149 | 0.001 | |||
Y Accumulating | GBP | UK | BDZRJ10 | 1.512 | 0.001 | |||
JOHCM UK Equity Income Fund | 09/04/2021 | A Accumulating | GBP | UK | B03KR50 | 3.988 | 0.013 | |
A Distributing | GBP | UK | B03KP23 | 1.878 | 0.006 | |||
B Accumulating | GBP | UK | B03KR83 | 3.698 | 0.012 | |||
B Distributing | GBP | UK | B03KR61 | 1.739 | 0.005 | |||
X Distributing | GBP | UK | BYV9S21 | 0.936 | 0.003 | |||
Y | GBP | UK | B95FCK6 | 1.267 | 0.004 | |||
Y Accumulating | GBP | UK | B8FCHK5 | 1.609 | 0.005 | |||
JOHCM UK Growth Fund | 09/04/2021 | A | GBP | Ireland | 3300934 | 4.125 | 0.021 | |
B | GBP | Ireland | 3100554 | 3.596 | 0.018 | |||
REU | EUR | Ireland | BLLV8D7 | 2.223 | 0.011 | |||
RUD | USD | Ireland | BLLV8C6 | 2.457 | 0.009 | |||
X | USD | Ireland | BLLV871 | 2.464 | 0.009 | |||
X | EUR | Ireland | BLLV8B5 | 2.094 | 0.011 | |||
X | EUR | Ireland | BLLV882 | 2.229 | 0.011 | |||
X | GBP | Ireland | BLLV893 | 2.070 | 0.010 | |||
JOHCM UK Opportunities Fund | 09/04/2021 | A Accumulating | GBP | UK | B0LLB64 | 3.269 | 0.016 | |
A Distributing | GBP | UK | B3K76Q9 | 2.147 | 0.011 | |||
B Accumulating | GBP | UK | B0LLB75 | 3.044 | 0.015 | |||
B Distributing | GBP | UK | B3K76P8 | 2.027 | 0.010 | |||
X Accumulating | GBP | UK | BQJZQQ5 | 1.503 | 0.007 | |||
X Distributing | GBP | UK | B95MSF4 | 1.216 | 0.006 | |||
Y | GBP | UK | B95J5C1 | 1.445 | 0.008 | |||
Y Accumulating | GBP | UK | B95HP81 | 1.828 | 0.009 | |||
Regnan Global Equity Impact Solutions Fund (offshore) | 09/04/2021 | GBP | Ireland | BN2BDR9 | 0.942 | 0.003 | ||
USD | Ireland | BN2BDV3 | 0.949 | 0.002 | ||||
A | GBP | Ireland | BN2BD80 | 0.939 | 0.003 | |||
A | USD | Ireland | BN2BDC4 | 0.946 | 0.001 | |||
A | EUR | Ireland | BN2BD91 | 0.966 | 0.004 | |||
B | GBP | Ireland | BN2BDD5 | 0.938 | 0.003 | |||
B | USD | Ireland | BN2BDH9 | 0.945 | 0.002 | |||
B | EUR | Ireland | BN2BDF7 | 0.964 | 0.004 | |||
EUR | EUR | Ireland | BN2BDS0 | 0.968 | 0.003 | |||
HSE | EUR | Ireland | BN2BDT1 | 0.946 | 0.002 | |||
IHX | EUR | Ireland | BN2BDB3 | 0.943 | 0.001 | |||
RHX | EUR | Ireland | BN2BDG8 | 0.942 | 0.003 | |||
Z | GBP | Ireland | BN2BDN5 | 0.940 | 0.003 | |||
Regnan Global Equity Impact Solutions Fund (onshore) | 09/04/2021 | A Accumulating | GBP | UK | BMCZDD0 | 1.094 | 0.004 | |
DNA | GBP | UK | BMCZDJ6 | 1.098 | 0.004 | |||
Y Accumulating | GBP | UK | BMCZDK7 | 1.095 | 0.004 |
JOHCM Global Income Builder Fund
Share class | 04/20 | 05/20 | 06/20 | 07/20 | 08/20 | 09/20 | 10/20 | 11/20 | 12/20 | 01/21 | 02/21 | 03/21 | 04/21 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
A GBP | 0.4276 | 0.4164 | 0.4095 | 0.4554 | 0.4276 | 0.3871 | 0.4592 | 0.4016 | 0.4363 | 0.4312 | 0.3200 | 0.3071 | 0.3763 |
A EUR | 0.4180 | 0.4202 | 0.4065 | 0.4551 | 0.4180 | 0.3838 | 0.4431 | 0.3928 | 0.4289 | 0.4233 | 0.3205 | 0.3138 | 0.3899 |
A USD | 0.4154 | 0.3897 | 0.3833 | 0.4212 | 0.4154 | 0.3885 | 0.4393 | 0.3865 | 0.4335 | 0.4393 | 0.3270 | 0.3191 | 0.3864 |
A SGD | 0.4224 | 0.4070 | 0.3970 | 0.4323 | 0.4224 | 0.3895 | 0.4425 | 0.3899 | 0.4296 | 0.4274 | 0.3217 | 0.3140 | 0.3844 |
B EUR | 0.4083 | 0.4115 | 0.3978 | 0.4351 | 0.4083 | 0.3745 | 0.4319 | 0.3826 | 0.4174 | 0.4115 | 0.3114 | 0.3046 | 0.3781 |
Seed | 0.4464 | 0.4342 | 0.4272 | 0.4752 | 0.4464 | 0.3402 | 0.3929 | 0.3484 | 0.3806 | 0.3757 | 0.2846 | 0.2787 | 0.3464 |
Net dividends quoted in the local share class currency.
If you require the dividends for previous time periods, please contact RBC directly on 00353 14406555 or by fax on 00353 16131132 (0845 450 1974 and 02077475690 have been disabled).
JOHCM UK Equity Income Fund
Share class | Q4 18 | Q1 19 | Q2 19 | Q3 19 | Q4 19 | Q1 20 | Q2 20 | Q3 20 | Q4 20 | Q1 21 |
---|---|---|---|---|---|---|---|---|---|---|
A distributing GBP | 1.9368 | 2.0957 | 3.6523 | 2.7970 | 2.0409 | 1.5930 | 1.1154 | 1.2632 | 1.0771 | 1.1681 |
A accumulating GBP | 3.6835 | 4.0293 | 7.1000 | 5.5449 | 4.1082 | 3.2391 | 2.2958 | 2.6218 | 2.2581 | 2.4649 |
B distributing GBP | 1.8139 | 1.9597 | 3.4124 | 2.6093 | 1.9017 | 1.4790 | 1.0379 | 1.1739 | 0.9997 | 1.0825 |
B accumulating GBP | 3.4588 | 3.7777 | 6.6508 | 5.1861 | 3.8367 | 3.0210 | 2.1395 | 2.4391 | 2.0980 | 2.2869 |
Y distributing GBP | 1.3028 | 1.4102 | 2.4582 | 1.8832 | 1.3744 | 1.0730 | 0.7534 | 0.8514 | 0.7263 | 0.9944 |
Y accumulating GBP | 1.4823 | 1.6220 | 2.8588 | 2.2334 | 1.6547 | 1.3051 | 0.9242 | 1.0570 | 0.5363 | 0.7879 |
Dividends are quoted and paid in pence per share
XD dates: 31 March, 30 June, 30 September and 31 December
Payment dates: 31 May, 31 August, 30 November and 28 February
The quarterly table above shows the last two years net dividends (on a XD rather than a paid basis) for this fund. If you require the dividends for previous time periods, please contact RBC directly on 00353 14406555 or by fax on 00353 16131132 (0845 450 1974 and 02077475690 have been disabled).
All funds have a XD date of 31 December 2020 and pay date of 28 February 2021.
JOHCM Asia ex Japan Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 0.0000 |
A | EUR | 28 Feb 2021 | cents per share | 0.0000 |
A | USD | 28 Feb 2021 | cents per share | 0.0000 |
B | GBP | 28 Feb 2021 | pence per share | 0.0000 |
B | EUR | 28 Feb 2021 | cents per share | 0.0000 |
B | USD | 28 Feb 2021 | cents per share | 0.0000 |
Z | GBP | 28 Feb 2021 | cents per share | 1.3082 |
Z | USD | 28 Feb 2021 | cents per share | 1.0517 |
JOHCM Asia ex Japan Small and Mid Cap Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 0.0174 |
A | EUR | 28 Feb 2021 | cents per share | 0.0000 |
A | USD | 28 Feb 2021 | cents per share | 0.0000 |
B | GBP | 28 Feb 2021 | pence per share | 0.0000 |
B | EUR | 28 Feb 2021 | cents per share | 0.0000 |
B | USD | 28 Feb 2021 | cents per share | 0.0000 |
Z | GBP | 28 Feb 2021 | cents per share | 0.5072 |
JOHCM Concentrated Global Share Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 0.4259 |
JOHCM Continental European Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 5.8996 |
A | EUR | 28 Feb 2021 | cents per share | 4.5760 |
A - hedge | GBP | 28 Feb 2021 | pence per share | 1.5657 |
B | GBP | 28 Feb 2021 | pence per share | 3.5824 |
B | EUR | 28 Feb 2021 | cents per share | 2.9017 |
B - hedge | USD | 28 Feb 2021 | cents per share | 0.7325 |
Y | GBP | 28 Feb 2021 | pence per share | 2.3739 |
Y - hedge | GBP | 28 Feb 2021 | pence per share | 1.7895 |
Y | EUR | 28 Feb 2021 | cents per share | 1.9265 |
JOHCM European Select Values Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 5.8627 |
A | EUR | 28 Feb 2021 | cents per share | 3.6253 |
B | GBP | 28 Feb 2021 | pence per share | 3.1469 |
B | EUR | 28 Feb 2021 | cents per share | 1.4223 |
JOHCM European Concentrated Value Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | EUR | 28 Feb 2021 | cents per share | 1.0427 |
B | USD | 28 Feb 2021 | cents per share | 0.7018 |
B | EUR | 28 Feb 2021 | cents per share | 0.5797 |
Z | EUR | 28 Feb 2021 | cents per share | 1.5956 |
JOHCM Global Emerging Markets Opportunities Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 1.6723 |
A | EUR | 28 Feb 2021 | cents per share | 1.7483 |
A | USD | 28 Feb 2021 | cents per share | 1.4737 |
B | GBP | 28 Feb 2021 | pence per share | 0.8550 |
B | EUR | 28 Feb 2021 | cents per share | 0.9178 |
B | USD | 28 Feb 2021 | cents per share | 1.0224 |
Y | GBP | 28 Feb 2021 | pence per share | 2.2520 |
Y | USD | 28 Feb 2021 | cents per share | 2.0030 |
Z | GBP | 28 Feb 2021 | cents per share | 3.5880 |
JOHCM Global Opportunities Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 4.7894 |
A | EUR | 28 Feb 2021 | cents per share | 5.0441 |
A | USD | 28 Feb 2021 | cents per share | 4.8886 |
B | GBP | 28 Feb 2021 | pence per share | 5.3099 |
B | EUR | 28 Feb 2021 | cents per share | 4.6750 |
B | USD | 28 Feb 2021 | cents per share | 4.6865 |
A - hedged | EUR | 28 Feb 2021 | cents per share | 2.2077 |
X | GBP | 28 Feb 2021 | cents per share | 4.0923 |
Z | GBP | 28 Feb 2021 | cents per share | 1.8925 |
X - hedged | GBP | 28 Feb 2021 | cents per share | 2.3159 |
X | EUR | 28 Feb 2021 | cents per share | 2.2293 |
JOHCM Global Select Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 0.0000 |
A | EUR | 28 Feb 2021 | cents per share | 0.0000 |
A | USD | 28 Feb 2021 | cents per share | 0.0000 |
B | GBP | 28 Feb 2021 | pence per share | 0.0000 |
B | EUR | 28 Feb 2021 | cents per share | 0.0000 |
B | USD | 28 Feb 2021 | cents per share | 0.0000 |
Z | GBP | 28 Feb 2021 | cents per share | 2.1310 |
JOHCM Japan Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 2.8241 |
A | EUR | 28 Feb 2021 | cents per share | 1.9872 |
A | JPY | 28 Feb 2021 | yen per share | 382.8007 |
A - hedged | GBP | 28 Feb 2021 | pence per share | 1.8023 |
B | GBP | 28 Feb 2021 | pence per share | 1.6848 |
B | EUR | 28 Feb 2021 | cents per share | 1.1929 |
B | JPY | 28 Feb 2021 | yen per share | 231.4128 |
B - hedged | GBP | 28 Feb 2021 | pence per share | 1.0995 |
JOHCM UK Dynamic Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A - distributing | GBP | 28 Feb 2021 | pence per share | 4.5474 |
A - accumulating | GBP | 28 Feb 2021 | pence per share | 6.3294 |
B - distributing | GBP | 28 Feb 2021 | pence per share | 4.1566 |
B - accumulating | GBP | 28 Feb 2021 | pence per share | 7.0581 |
Y - distributing | GBP | 28 Feb 2021 | pence per share | 2.8496 |
Y - accumulating | GBP | 28 Feb 2021 | pence per share | 3.6465 |
Y | GBP | 28 Feb 2021 | pence per share | 2.2768 |
JOHCM UK Growth Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 2.2139 |
B | GBP | 28 Feb 2021 | pence per share | 0.6152 |
X | GBP | 28 Feb 2021 | pence per share | 0.3146 |
JOHCM UK Opportunities Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A - distributing | GBP | 28 Feb 2021 | pence per share | 4.7354 |
A - accumulating | GBP | 28 Feb 2021 | pence per share | 7.0433 |
B - distributing | GBP | 28 Feb 2021 | pence per share | 4.4936 |
B - accumulating | GBP | 28 Feb 2021 | pence per share | 6.5893 |
Y - accumulating | GBP | 28 Feb 2021 | pence per share | 3.9303 |
Y - distributing | GBP | 28 Feb 2021 | pence per share | 3.1829 |
Net dividends quoted in the local share class currency.
If you would like more information, please contact RBC directly on 00353 14406555 or by fax on 00353 16131132 (0845 450 1974 and 02077475690 have been disabled). Email us at oeicdealing@johcm.co.uk.
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
Paul Wild manages this long-established fund with a pragmatic investment process that combines top-down economic and sector views with bottom-up stock picking. The Fund’s core style and risk profile has enabled it to outperform in both up and down markets and helped to build a market-leading performance track record since the Fund’s launch in 2
Read MoreThe Fund was launched in Q1 2015 as a large-cap, concentrated version of the highly successful JOHCM European Select Values Fund (ESV). Managed by experienced European equity investors Robrecht Wouters, long-standing lead manager of the ESV fund, and Luis Fananas, the duo have a highly selective, valuation-oriented investment approach which foc
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