JOHCM UK Growth Fund

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Fund Description

Mark Costar and Vishal Bhatia aim to identify mispriced or undiscovered growth stocks that typically reside in one of three categories: the clear and unassailable market leader, the innovator or market disruptor and the supply side beneficiary. The Fund typically has a small-cap bias and contains stocks that have a high margin of safety but significant upside potential.

  • Mark and Vishal use a disciplined, stock selection-driven process in aiming to achieve long-term capital growth
  • The Fund represents a portfolio of typically 50-60 investments in companies that are capable of generating growth throughout the economic cycle and regardless of economic conditions
  • Aims to identify mispriced or undiscovered growth stocks,investing in good companies which are well-managed with consistent track records and a clear strategy
  • Imposes a ruthless selling discipline: a strict selling discipline is the underestimated skill of fund management
Reasons To Invest
  • Mark Costar is a highly experienced manager with a proven track record: he has been managing the Fund since its launch in 2001
  • Strong long-term performance record built on identifying mispriced or undiscovered growth stocks with high margins of safety but significant upside potential
  • All-cap product with a small-cap bias
  • Mark Costar

    Senior Fund Manager

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  • Vishal Bhatia

    Senior Fund Manager

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This is a marketing communication.

Information on the rights of investors can be found here.

The investment promoted concerns the acquisition of shares in a fund and not the underlying assets. 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. Investments 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.

Other UK Equity Funds

JOHCM UK Dynamic Fund (onshore)

Stock picker Alex Savvides aims to profit from understanding and backing positive corporate change, change that is often misunderstood or under-appreciated by the stock market. The Fund may therefore feature a mixture of restructuring/recovery plays, cheap or hidden growth and other more general special situations. The fact that each stock h...

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JOHCM UK Equity Income Fund

Established stock pickers James Lowen and Clive Beagles operate a strict yield discipline: they only buy stocks that they believe will yield more than the FTSE All-Share Index on a prospective basis, although every stock held must also have the potential for capital appreciation. This focus on higher-yielding stocks leads to a naturally cont...

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JOHCM UK Opportunities Fund

Fund managers Rachel Reutter and Michael Ulrich, supported by experienced analyst Eoghan Reid, run a concentrated portfolio of best-in-class UK large and mid-cap companies.

They invest in companies with reliable cashflows which they expect and encourage management to invest back into their businesses to sustain future growth. The ...

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JOHCM UK Dynamic Fund (offshore)

Stock picker Alex Savvides aims to profit from understanding and backing positive corporate change, change that is often misunderstood or under-appreciated by the stock market. The Fund may therefore feature a mixture of restructuring/recovery plays, cheap or hidden growth and other more general special situations. The fact that each stock h...

Read More
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Investment Objective

The Fund aims to achieve long-term capital growth by investing in UK listed companies across the broad market cap range.

Fund details

Data as at 31 August 2023
Fund size GBP 215.66m
Benchmark FTSE All-Share TR 12pm adjusted
Domicile Ireland
Denomination GBP
Share classes

Please click here

Unit type Distribution
XD Date 31 December
Payment date 28 February
Minimum investment
A GBP 1,000
B GBP 1,000
Valuation point Daily (12pm, UK time)
Dealing frequency Daily 9-5pm

Fund ratings and awards

Data as at 31 August 2023

For our latest fund ratings and awards, please view our latest factsheet here

Fees and charges

Initial charge Up to 5%
Performance fee

Please review the latest factsheet for more information our fees and charges here

Administration

Status UCITS
Investment manager J O Hambro Capital Management Limited
Transfer agent and registrar Northern Trust International Fund Administration Services (Ireland) Limited
Depositary Northern Trust Fiduciary Services (Ireland) Limited

This is a marketing communication.

Information on the rights of investors can be found here.

The investment promoted concerns the acquisition of shares in a fund and not the underlying assets. 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. Investments 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.

Strategy Highlights

As at 31 August 2023

A more challenging month for markets prevailed in August as rising bond yields and increasing evidence of a broad-based slowdown in China prevailed over generally strong corporate newsflow. Volumes were weak, reflecting the holiday period and small caps continue to lag. So, it was typical that the ONS chose to release, amid this summer malaise and buried deep in one of its specialist statistical annals, some significant revisions to the UK post-Covid economic data. The impact of this cannot be underestimated. This refined approach now shows that the domestic economy was a full 1.7% stronger than the previous analysis. Enough, in other words, for the UK not only to now be in growth from its pre-Covid levels but also in the middle of the pack amongst its developed European peers. It explains the slightly higher inflation experienced (now riding the down escalator, just like everywhere else) and it demolishes the persistent ‘sick of man of Europe’ narrative, which has pervaded deeply amongst global investors. 

Government finances are in better shape than expectations, the economy is growing faster, employment is high, wage and cost increases have peaked and political stability is around the corner. The UK has an image problem, but it doesn’t have an economic or a structural one. Catalysts like the MIFID sweep away, the Kent review and the Mansion House compact will revive interest. Directors are piling into their own stock, using corporate balance sheets to buy back equity or frequently both. Private equity firms are doing the same, and with increasing urgency, relinquishing the deckchairs and announcing a further steady flow of transactions. Meanwhile, UK funds continue to close, managers are retiring and flows remain negative. The disconnect is staggering and it is demonstrably unsustainable. What an opportunity.

Newsflow was calm for the portfolio, with another approach for a JOHCM UK Growth asset, reflecting the conditions relayed above. This time for Blancco Technology. The price is not a blowout by any means and the fact the stock has settled modestly above the offer price tells the market expectations of a possible counter. We await developments with interest.

On the results side, an excellent set of numbers from Rolls Royce, significantly ahead of both our and market expectations, was suitably rewarded by a nice pop, but there is still plenty more to go for. Negating this to an extent was the small-cap lag alluded to earlier, notably in technology, and some contract delays in the fund’s modest position of Sondrel Holdings. There were no other developments of materiality ahead of the busy September release schedule, which we enter with real confidence.
 

This is a marketing communication.

Information on the rights of investors can be found here.

The investment promoted concerns the acquisition of shares in a fund and not the underlying assets. 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. Investments 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.

This is a marketing communication.

Information on the rights of investors can be found here.

The investment promoted concerns the acquisition of shares in a fund and not the underlying assets. 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. Investments 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.

Percentage growth of the fund versus benchmark

Data as at 31 August 2023
A GBP share class, since launch (6 November 2001)

Return history (%)

Data as at 31 August 2023

Standardised 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.


Jun 18 - Jun 19 Jun 19 - Jun 20 Jun 20 - Jun 21 Jun 21 - Jun 22 Jun 22 - Jun 23
Fund -8.04% -12.84% 47.37% -14.18% 8.47%

Monthly returns (%)

Data as at 31 August 2023
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual Since inception
Fund 2001 1.93 1.88 3.84
Benchmark 2001 1.01 0.45 1.47
Fund 2002 -0.10 0.98 4.17 -0.65 0.19 -6.92 -8.54 -0.55 -11.38 5.86 6.24 -5.21 -16.34
Benchmark 2002 -1.04 -0.81 4.19 -1.55 -1.23 -8.42 -8.69 -0.87 -10.13 6.64 2.98 -4.84 -22.58
Fund 2003 -9.47 -1.16 2.22 11.13 7.83 1.17 4.11 4.46 -1.36 4.92 3.28 28.89
Benchmark 2003 -9.48 1.00 1.98 8.60 4.83 0.87 2.34 2.95 -0.89 3.44 1.48 2.96 20.83
Fund 2004 1.18 2.87 -2.09 2.14 -2.35 2.05 -1.84 1.34 3.43 1.11 2.02 3.87 14.34
Benchmark 2004 -0.32 3.26 -1.92 2.23 -1.70 1.73 -2.01 1.93 3.10 0.93 2.45 2.40 12.52
Fund 2005 2.78 3.78 -1.34 -3.85 2.74 4.53 4.85 0.98 2.57 -6.30 6.43 3.12 21.38
Benchmark 2005 1.64 3.17 -1.02 -2.60 4.09 3.07 3.68 0.72 3.58 -3.65 4.68 3.16 22.08
Fund 2006 4.81 2.39 2.82 1.69 -6.36 0.89 0.88 1.25 1.60 3.03 -0.41 3.31 16.61
Benchmark 2006 3.29 1.90 3.15 1.01 -5.44 2.56 1.46 0.63 1.66 2.83 0.40 2.47 16.77
Fund 2007 2.06 0.11 1.90 3.62 2.05 -2.06 -3.93 -1.23 -0.34 3.30 -8.66 -1.39 -5.13
Benchmark 2007 0.13 0.34 2.35 2.85 2.84 -1.90 -3.05 -0.43 2.18 4.41 -4.58 0.38 5.24
Fund 2008 -8.70 -0.67 -3.85 7.45 2.47 -9.04 1.99 4.91 -10.39 -11.21 -1.82 5.02 -23.34
Benchmark 2008 -10.17 2.85 -2.63 5.71 1.12 -8.43 -2.23 4.47 -14.36 -13.88 0.61 5.50 -29.59
Fund 2009 -3.61 -6.09 2.50 23.73 1.81 -0.15 10.08 12.53 4.61 -1.54 -1.98 1.84 48.64
Benchmark 2009 -5.31 -7.14 2.05 12.11 3.67 -2.65 7.88 7.38 5.38 -0.58 1.25 3.90 29.62
Fund 2010 -1.40 0.35 3.65 1.88 -8.98 -6.19 5.88 -3.52 9.09 2.40 -1.32 8.76 9.27
Benchmark 2010 -3.49 2.73 7.57 -0.81 -6.04 -4.89 6.70 -1.94 8.23 1.97 -1.53 6.99 15.01
Fund 2011 2.17 1.00 -3.82 2.72 -0.69 -2.77 -0.60 -11.21 -4.10 4.93 -5.81 0.33 -17.39
Benchmark 2011 -0.96 2.33 -0.15 2.45 -0.47 -1.52 -1.15 -8.36 -3.79 9.97 -4.22 2.67 -4.20
Fund 2012 8.99 6.79 -0.63 -1.67 -8.79 5.21 3.48 2.01 4.86 4.03 1.22 2.52 30.39
Benchmark 2012 3.65 4.57 -1.51 -0.15 -6.73 4.24 2.08 2.18 0.97 1.53 1.04 0.91 12.99
Fund 2013 7.75 3.66 0.61 1.83 4.65 -4.00 7.33 0.55 2.55 2.52 1.29 3.23 36.38
Benchmark 2013 6.40 2.00 1.91 0.44 2.78 -4.84 6.22 -1.34 0.35 4.62 -0.63 1.59 20.66
Fund 2014 -0.46 5.08 -2.51 2.35 -0.26 -1.78 0.26 3.28 -1.24 -0.92 2.09 -0.40 5.33
Benchmark 2014 -3.87 5.86 -2.13 1.77 1.72 -1.54 0.15 1.67 -2.48 -0.89 2.36 -1.29 0.93
Fund 2015 0.44 3.15 -2.13 1.01 2.69 -3.00 0.11 -4.28 -3.53 2.88 -0.76 -1.95 -5.59
Benchmark 2015 3.33 3.13 -1.04 2.23 2.55 -5.94 1.15 -5.95 -1.86 5.10 0.63 -1.39 1.25
Fund 2016 -6.35 -1.36 4.08 0.21 -4.61 8.16 2.67 1.55 -0.15 0.73 4.26 8.68
Benchmark 2016 -4.40 1.81 2.29 1.61 0.61 0.32 5.89 2.54 0.71 1.27 -1.05 3.73 16.05
Fund 2017 4.15 -0.14 1.75 -1.33 4.45 -2.45 1.40 0.03 0.90 3.55 -0.30 3.70 16.55
Benchmark 2017 0.87 2.33 1.29 -0.15 4.58 -2.21 0.62 0.90 -0.06 1.88 -0.69 3.18 13.10
Fund 2018 -1.43 -3.39 -2.16 5.69 2.97 0.51 -1.83 -2.96 1.56 -7.30 -2.92 -4.17 -14.96
Benchmark 2018 -0.89 -3.34 -2.18 6.78 2.66 -0.14 1.09 -2.30 0.07 -5.03 -1.68 -3.93 -9.06
Fund 2019 3.09 0.15 -0.52 5.36 -1.14 3.02 -1.05 -6.92 3.64 1.28 2.17 6.05 15.44
Benchmark 2019 4.59 1.65 2.67 3.16 -3.21 3.65 2.28 -3.40 2.60 -1.28 2.82 2.63 19.29
Fund 2020 -2.42 -10.70 -22.14 17.44 2.85 1.53 -4.20 6.13 -3.97 0.79 20.21 7.30 5.62
Benchmark 2020 -2.84 -9.37 -15.89 8.64 2.17 0.72 -2.68 1.55 -2.05 -4.04 14.39 2.85 -9.52
Fund 2021 -0.79 7.98 4.44 3.28 2.14 -1.64 -0.64 2.59 0.08 -2.36 -5.62 2.36 11.73
Benchmark 2021 -0.44 2.06 3.73 3.43 1.74 -0.13 0.37 2.65 -0.41 1.32 -2.30 4.68 17.77
Fund 2022 -0.27 -2.85 0.90 -1.01 2.01 -9.65 1.43 -1.64 -7.41 0.95 12.57 -0.68 -7.01
Benchmark 2022 -0.24 -1.29 2.73 -0.56 1.26 -6.15 3.92 -1.42 -5.72 2.61 7.56 -1.14 0.74
Fund 2023 4.75 3.64 -6.18 2.32 -1.09 0.92 2.45 -2.01 4.44 345.59
Benchmark 2023 3.57 2.36 -3.00 2.52 -3.12 0.12 2.61 -2.11 2.70 252.32

Source and notes

JOHCM/FTSE Group/Bloomberg/Lipper.

Data shown net of fees, net income reinvested. Please note that all fund performance is shown against the FTSE All-Share TR 12pm adjusted. Performance of other share classes may vary and is available on request.Where shown, monthly returns table shows compounded discrete monthly performance. All performance figures illustrate performance from the first full day that the Fund held investments. During the period 6 November 2001 to 7 May 2003 the performance record is based on the pre-existing share class that had a higher management fee.

FTSE International Limited (“FTSE”) © FTSE 2017. The Industry Classification Benchmark (“ICB”) and all  rights in it are owned by and vest in FTSE and/or its licensors. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. Neither FTSE, nor its licensors accept any liability for any errors or omissions in the ICB. No further distribution of ICB is permitted without FTSE’s express written consent.

Disclaimer

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.

This is a marketing communication.

Information on the rights of investors can be found here.

The investment promoted concerns the acquisition of shares in a fund and not the underlying assets. 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. Investments 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 statistics

Data as at 31 August 2023
Fund size GBP 215.66m
Number of holdings 51

Top 10 holdings and active weights

Data as at 31 August 2023
Top 10 holdings
BP 6.23%
Shell 4.31%
AstraZeneca 4.05%
ROLLS-Royce 3.59%
Associated British Foods 3.56%
Standard Chartered 3.38%
FD TECHNOLOGIES 3.36%
Rank Group 3.21%
Anglo American 3.02%
HSBC 2.95%
Top 10 active weights
FD TECHNOLOGIES +3.36%
Associated British Foods +3.26%
Rank Group +3.20%
Kooth PLC +2.93%
Funding Circle Holdings +2.82%
ROLLS-Royce +2.77%
Standard Chartered +2.66%
BT +2.54%
BP +2.52%
Gresham Computing +2.34%

Sector breakdown

Data as at 31 August 2023
Portfolio Benchmark Relative
Technology 26.28% 1.19% 25.09%
Financials 18.47% 22.71% -4.24%
Industrials 15.10% 12.50% 2.60%
Energy 11.83% 11.29% 0.54%
Health Care 8.19% 11.30% -3.11%
Consumer Staples 6.95% 15.07% -8.11%
Consumer Discretionary 6.46% 11.83% -5.37%
Basic Materials 3.02% 6.94% -3.92%
Telecommunications 2.89% 1.23% 1.66%
Real Estate 0.00% 2.43% -2.43%
Utilities 0.00% 3.50% -3.50%
Cash 0.80% 0.00% 0.80%

Market cap breakdown

Data as at 31 August 2023
Portfolio Benchmark Relative
Large Cap 42.37% 83.90% -41.53%
Medium Cap 9.47% 13.86% -4.40%
Small Cap 47.37% 2.24% 45.13%
Cash 0.80% 0.00% 0.80%

This is a marketing communication.

Information on the rights of investors can be found here.

The investment promoted concerns the acquisition of shares in a fund and not the underlying assets. 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. Investments 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 Group

Fund

As at noon Share class Currency Domicile ISIN number NAV per share Change   KIID
UK Equities JOHCM UK Growth Fund 03/10/2023 A GBP GBP Ireland IE0033009345 3.737 -0.047
UK Equities JOHCM UK Growth Fund 03/10/2023 B GBP GBP Ireland IE0031005543 3.234 -0.041
UK Equities JOHCM UK Growth Fund 03/10/2023 EUR Hedged Non-distributing X EUR Ireland IE00BLLV8B55 1.881 -0.024
UK Equities JOHCM UK Growth Fund 03/10/2023 EUR Non-distributing R EUR Ireland IE00BLLV8D79 2.038 -0.03
UK Equities JOHCM UK Growth Fund 03/10/2023 EUR Non-distributing X EUR Ireland IE00BLLV8825 2.062 -0.03
UK Equities JOHCM UK Growth Fund 03/10/2023 GBP X GBP Ireland IE00BLLV8932 1.864 -0.024
UK Equities JOHCM UK Growth Fund 03/10/2023 USD Non-distributing R USD Ireland IE00BLLV8C62 1.986 -0.041
UK Equities JOHCM UK Growth Fund 03/10/2023 USD Non-distributing X USD Ireland IE00BLLV8718 2.009 -0.042

Dividend Rates

Funds paying quarterly dividends

JOHCM UK Equity Income Fund

Share class Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23
A distributing GBP 1.2881 1.9828 3.4453 3.1410 1.8309 2.1053 3.2723 3.4623
A accumulating GBP 2.8152 4.3509 7.6541 7.1149 4.2268 4.9097 7.7197 8.3221
B distributing GBP  1.1897 1.8271 3.1746 2.8895 1.6822 1.9315 3.0000 3.1697
B accumulating GBP 2.6020 4.0228 7.0604 6.5526 3.8884 4.5096 7.0851 7.6257
Y distributing GBP 0.8697 1.3383 2.3274 2.1211 1.2376 1.4237 2.2134 2.3424
Y accumulating GBP 1.1364 1.7602 3.0924 2.8757 1.7088 1.9315 3.1230 3.3677

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 Northern Trust directly on 0333 300 0359 or by email JOH_Onshore_TAQueries@ntrs.com.

Funds paying semi-annual dividends

All funds have a XD date of 30 June, pay date of 31 August and XD date of 31 December, pay date 28 February.

JOHCM UK Dynamic Fund (Onshore)

Share class Currency Pay date Dividend paid in Dividend rate
A - distributing GBP 31 Aug 2023 pence per share 4.7348
A - accumulating GBP 31 Aug 2023 pence per share  7.2848
B - distributing GBP 31 Aug 2023 pence per share  4.2666
B - accumulating GBP 31 Aug 2023 pence per share 8.0119
Y - distributing GBP 31 Aug 2023 pence per share 2.9766
Y - accumulating GBP 31 Aug 2023 pence per share 4.2119
X - distributing GBP 31 Aug 2023 pence per share 2.4775
X - accummulating GBP 31 Aug 2023 pence per share 2.8519
M - distributing GBP 31 Aug 2023 pence per share 0.6975
M - accumulating GBP 31 Aug 2023 pence per share 0.6975
K - distributing GBP 31 Aug 2023 pence per share 0.6130
K - accumulating  GBP 31 Aug 2023 pence per share 0.6128

JOHCM UK Dynamic Fund (Offshore)

Share class Currency Pay date Dividend paid in  Dividend rate
Y GBP 31 Aug 2023 pence per share 2.2517
Y EUR 31 Aug 2023 pence per share 2.1310
Y USD 31 Aug 2023 pence per chare 2.3831

JOHCM Global Select Shariah Fund 

Share class Currency Pay date Dividend paid in  Dividend rate
A USD 31 Aug 2023 pence per share 0.3187

Funds paying annual dividends

All funds have a XD date of 31 December and pay date of 28 February.

JOHCM Asia ex Japan Fund

Share class Currency Pay date Dividend paid in Dividend rate
A GBP 28 Feb 2023 pence per share 0.0000
A EUR 28 Feb 2023 cents per share 0.0000
A USD 28 Feb 2023 cents per share 0.0000
B GBP 28 Feb 2023 pence per share 0.0000
B EUR 28 Feb 2023 cents per share 0.0000
B USD 28 Feb 2023 cents per share 0.0000
Z GBP 28 Feb 2023 cents per share 1.2559
Z USD 28 Feb 2023 cents per share 0.0088

JOHCM Asia ex Japan Small and Mid Cap Fund

Share class Currency Pay date Dividend paid in Dividend rate
A GBP 28 Feb 2023 pence per share 0.0000
A EUR 28 Feb 2023 cents per share 0.0000
A USD 28 Feb 2023 cents per share 0.0000
B GBP 28 Feb 2023 pence per share 0.0000
B EUR 28 Feb 2023 cents per share 0.0000
B USD 28 Feb 2023 cents per share 0.0000
Z GBP 28 Feb 2023 cents per share 0.0000


JOHCM Continental European Fund

Share class Currency Pay date Dividend paid in Dividend rate
A GBP 28 Feb 2023 pence per share 10.0915
A EUR 28 Feb 2023 cents per share 7.9953
A - hedge GBP 28 Feb 2023 pence per share 2.9851
B GBP 28 Feb 2023 pence per share 7.7618
B EUR 28 Feb 2023 cents per share 6.4068
B - hedge USD 28 Feb 2023 cents per share 1.1526
Y GBP 28 Feb 2023 pence per share 3.7378
Y - hedge GBP 28 Feb 2023 pence per share 3.2781
Y EUR 28 Feb 2023 cents per share 3.0566

JOHCM European Select Values Fund

Share class Currency Pay date Dividend paid in  Dividend rate
A GBP 28 Feb 2023 pence per share 4.8151
A EUR 28 Feb 2023 cents per share 2.6779
B GBP 28 Feb 2023 pence per share 2.0318
B EUR 28 Feb 2023 cents per share 0.8256
Y EUR 28 Feb 2023 cents per share 0.8964


JOHCM Global Emerging Markets Opportunities Fund

Share class Currency Pay date Dividend paid in Dividend rate
A GBP 28 Feb 2023 pence per share 3.9725
A EUR 28 Feb 2023 cents per share 3.7874
A USD 28 Feb 2023 cents per share 2.7065
B GBP 28 Feb 2023 pence per share 3.5330
B EUR 28 Feb 2023 cents per share 3.4128
B USD 28 Feb 2023 cents per share 3.0881
Y GBP 28 Feb 2023 pence per share 4.9039
Y USD 28 Feb 2023 cents per share 2.8124
Z GBP 28 Feb 2023 cents per share 7.3245

JOHCM Global Opportunities Fund (onshore)

Share class Currency Pay date Dividend paid in Dividend rate
A GBP 28 Feb 2023 pence per share 2.5742
A - hedged GBP 28 Feb 2023 pence per share 2.3240
X GBP 28 Feb 2023 cents per share 2.4772

JOHCM Global Opportunities Fund (offshore)

Share class Currency Pay date Dividend paid in Dividend rate
A GBP 28 Feb 2023 pence per share 4.4298
A EUR 28 Feb 2023 cents per share 4.1956
A USD 28 Feb 2023 cents per share 3.3076
B EUR 28 Feb 2023 cents per share 3.8301
B USD 28 Feb 2023 cents per share 3.1239
A - hedged EUR 28 Feb 2023 cents per share 1.6538
X GBP 28 Feb 2023 cents per share 3.7875
Z GBP 28 Feb 2023 cents per share 1.7774
X - hedged GBP 28 Feb 2023 cents per share 2.1090
X EUR 28 Feb 2023 cents per share 1.9147

JOHCM Global Select Fund

Share class Currency Pay date Dividend paid in  Dividend rate
A GBP 28 Feb 2023 pence per share 2.5774
A EUR 28 Feb 2023 cents per share 2.0747
A USD 28 Feb 2023 cents per share 1.0629
B GBP 28 Feb 2023 pence per share 0.0000
B EUR 28 Feb 2023 cents per share 0.0000
B USD 28 Feb 2023 cents per share 0.0000
Z GBP 28 Feb 2023 pence per share 4.2279


JOHCM UK Growth Fund

Share class Currency Pay date Dividend paid in Dividend rate
A GBP 28 Feb 2023 pence per share 4.6405
B GBP 28 Feb 2023 pence per share 2.4239
X GBP 28 Feb 2023 pence per share 2.5898

JOHCM UK Opportunities Fund

Share class Currency Pay date Dividend paid in Dividend rate
A - distributing GBP 28 Feb 2023 pence per share 6.1160
A - accumulating GBP 28 Feb 2023 pence per share 9.5564
B - distributing GBP 28 Feb 2023 pence per share 5.7397
B - accumulating GBP 28 Feb 2023 pence per share 8.8440
Y - accumulating GBP 28 Feb 2023 pence per share 5.3515
Y - distributing GBP 28 Feb 2023 pence per share 4.1220

 

Net dividends quoted in the local share class currency.

If you would like more information, please contact Northern Trust directly on 0333 300 0359 or by email JOH_Onshore_TAQueries@ntrs.com. Email us at oeicdealing@johcm.co.uk.

Views & News

  • 16 Aug 2023

    Catalysts for Change

    Two Initiatives and a Shift in Perception Have the Potential to Catalyse Significant Change in the UK Equity Market. Not Before Time.

    Read More
  • 14 Aug 2023

    Tales of the Unexpected

    Identifying Growth, Embracing Transformation and Discovering Unexpected Market Leaders in the UK

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  • 23 May 2023

    Revival in M&A shows buyers feasting on UK stocks

    2023 M&A deals look set for a record year as private equity funds and corporates take advantage of the UK’s historically low valuations.

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  • 20 Apr 2023

    Advocate for UK equities

    The UK has companies that are genuine global leaders but trade at a discount to global markets

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  • 30 Mar 2023

    Comedy Valuations

    Why are so many UK equities priced on laughable valuations?

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  • 20 Jun 2021

    Takeover talk and growth platforms

    Mark Costar and Vishal Bhatia discuss why the Fund is seeing plenty of M&A activity and describe why they are backing companies that back themselves.

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Webcasts & Videos

  • UK Tech: From Disruption to Dominance

    29 Sep 2023 | 30 mins

  • UK Tech: From Disruption to Dominance

    29 Sep 2023 | 30 mins

  • Dysfunctionality,Extremity : A world of extraordinary opportunity

    17 Nov 2022 | 45 mins

  • Dysfunctionality,Extremity : A world of extraordinary opportunity

    17 Nov 2022 | 45 mins

  • Mark Costar

    Senior Fund Manager

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  • Vishal Bhatia

    Senior Fund Manager

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This is a marketing communication.

Information on the rights of investors can be found here.

The investment promoted concerns the acquisition of shares in a fund and not the underlying assets. 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. Investments 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.

Other UK Equity Funds

JOHCM UK Dynamic Fund (onshore)

Stock picker Alex Savvides aims to profit from understanding and backing positive corporate change, change that is often misunderstood or under-appreciated by the stock market. The Fund may therefore feature a mixture of restructuring/recovery plays, cheap or hidden growth and other more general special situations. The fact that each stock h...

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JOHCM UK Equity Income Fund

Established stock pickers James Lowen and Clive Beagles operate a strict yield discipline: they only buy stocks that they believe will yield more than the FTSE All-Share Index on a prospective basis, although every stock held must also have the potential for capital appreciation. This focus on higher-yielding stocks leads to a naturally cont...

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JOHCM UK Opportunities Fund

Fund managers Rachel Reutter and Michael Ulrich, supported by experienced analyst Eoghan Reid, run a concentrated portfolio of best-in-class UK large and mid-cap companies.

They invest in companies with reliable cashflows which they expect and encourage management to invest back into their businesses to sustain future growth. The ...

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JOHCM UK Dynamic Fund (offshore)

Stock picker Alex Savvides aims to profit from understanding and backing positive corporate change, change that is often misunderstood or under-appreciated by the stock market. The Fund may therefore feature a mixture of restructuring/recovery plays, cheap or hidden growth and other more general special situations. The fact that each stock h...

Read More
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Summary

This webpage is designed to provide the reader with information about the J O Hambro Capital Management UK Growth Fund (“Fund”) in relation to the EU Sustainable Finance Disclosure Regulation or “SFDR” as referred to throughout this disclosure. JOHCM Funds (Ireland) Limited, the Fund’s Manager, has categorised the Fund as meeting the provisions set out in Article 8 of the SFDR. 

The information is required by law and does not form part of the Fund’s marketing materials. Its purpose is to help the reader understand the sustainability objective of this Fund. The reader is advised to read it in conjunction with the Fund’s prospectus that can be found here.

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