Rachel Reutter
Senior Fund Manager
Fund managers Rachel Reutter and Michael Ulrich focus firstly on preserving a client’s capital and secondly, on growing that capital. Growth will be achieved over the long term through a concentrated portfolio of low risk business models purchased at attractive valuations. The Fund typically invests in larger companies that operate with multiple products across multiple geographies. These characteristics result in a more diverse, stable and resilient stream of company cash flows.
The team believe markets are cyclical, inefficient and prone to bouts of irrational behaviour where capital can be permanently destroyed. During such periods the managers may hold high levels of cash in order to protect the capital entrusted to them.
This fund is not available to new investors from the European Union after 31 December 2020.
Senior Fund Manager
Senior Fund Manager
Analyst
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.
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 MoreEstablished 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...
Read MoreMark 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...
Read MoreThe Fund aims to achieve consistent capital appreciation over the longer term by investing in stocks of primarily UK-listed large and mid-sized companies. Up to 10% of the Fund may be in international stocks. A thematic, top-down process is used to identify stock ideas and then married to a rigorous approach to valuation. Portfolio construction is benchmark-unaware with roughly equally-weighted positions in typically 30-40 stocks reflecting high conviction management.
Fund size | GBP 297.44m | |||||||||||||||
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Benchmark | FTSE All-Share TR 12pm adjusted | |||||||||||||||
Domicile | UK | |||||||||||||||
Denomination | GBP | |||||||||||||||
Share classes |
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Unit type | Distribution & accumulation | |||||||||||||||
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 with the exception of the Class A shares, where there is no performance fee charged. |
Status | UCITS |
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Investment manager | J O Hambro Capital Management Limited |
Transfer agent and registrar | RBC Investor Services Limited |
Depositary | Northern Trust Global 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 investment backdrop evidenced some pockets of inflation emerging in February. Whether inflationary pressures end up being a short or long term phenomenon, the fund is well-placed with an investment process focused on owning companies that have pricing power. Attractively-valued companies which benefit from high gross margins, strong brands, leading platforms and are well positioned in their value chains look set to prosper in the emerging environment. We also look for businesses with inflation-linking within their contract structures, for example, National Grid, SSE and Serco whose returns are linked to inflation. In the last six months we have increased the inflation protection in the Fund and have reduced the average valuation to a forward free cash flow yield of 6.8%, or 14.9x P/E equivalent. The valuation of the fund is now in line with the FTSE All Share Index, whilst offering better growth prospects through selective and high-conviction exposure to companies which we believe will be a more important part of the future.
During February many companies reported full year results and trading updates. It has been encouraging to see the positive progress made by all the companies in the Fund over the last year and how the thematic tailwinds have accelerated to drive faster growth than before the Covid-19 pandemic. We have also noted a marked and positive change in management behaviour with the emphasis on capital allocation moving to investment and away from financially engineering returns via buybacks. For example, Smith and Nephew announced an increase in its R&D spend by a third last year compared to the average of the last five years and capex spend has doubled between 2018 and 2021. At the time of writing, the importance of investment formed a central part of the UK Budget and tax deductions on capex spend should benefit many of the companies in the Fund.
Portfolio activity continued the ‘twist’ to reduce valuation risk, select the strongest growth tailwinds and strengthen inflation-linking. We started a new position in the paper and packaging company Mondi, which is well-placed with its large and leading network of paper, cardboard and flexible packaging production facilities. Mondi’s volumes are continuing to see a material step-up thanks to e-commerce driven cardboard box demand, its customers moving from plastic to paper bags and the leading position it has in barrier coating technology, allowing paper solutions to reduce plastic use in consumer and other products. The shares are attractively valued trading on a forward free cash flow yield of 7%. Elsewhere we sold our holding in Compass Group to zero after a strong recovery in the share price and the stock reaching a valuation which was factoring more than a full recovery in pre-2020 staffing volumes in offices. We were also concerned about the group’s ability to pass on price increases and the high component of wage costs within its margin structure.
During the month the Fund returned 1.37% compared to a 2.06% return for the FTSE All-Share Index (12pm adjusted). In absolute terms the best performers were Whitbread, Antofagasta, SSP Group and WPP as the market continued to rotate towards the beneficiaries of economies opening up. Performance was held back by Barrick Gold which suffered from a declining gold price, SSE where concerns around the prices being bid for offshore wind farm licenses in the North Sea weighed on the stock and GlaxoSmithKline where the group announced R&D going up by double-digits, which in the short term will reduce margins.
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.
A Accumulating | A Distributing | A GBP | ||
B Accumulating | B Distributing | |||
Y Accumulating | Y Distributing | Y GBP | ||
X Accumulating | X Distributing |
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.
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 annual management charge is deducted from the capital of the Fund. This will increase the income from the Fund but may constrain or erode potential for capital growth.
Mar 16 - Mar 17 | Mar 17 - Mar 18 | Mar 18 - Mar 19 | Mar 19 - Mar 20 | Mar 20 - Mar 21 | |
---|---|---|---|---|---|
Fund | 13.75% | 3.19% | -1.85% | 13.06% | -3.93% |
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual | Since inception | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 2005 | 3.83 | 3.83 | ||||||||||||
Benchmark | 2005 | 3.20 | 3.20 | ||||||||||||
Fund | 2006 | 2.92 | 4.48 | 1.35 | -0.25 | -5.87 | 1.30 | 1.74 | 1.37 | 3.96 | 2.56 | 0.56 | 3.63 | 18.80 | |
Benchmark | 2006 | 3.24 | 2.00 | 3.14 | 1.01 | -5.67 | 2.79 | 1.55 | 0.59 | 1.51 | 2.90 | 0.38 | 2.56 | 16.85 | |
Fund | 2007 | 0.83 | 0.53 | 1.88 | 2.63 | 1.44 | -3.15 | -2.23 | 2.33 | 1.80 | 4.84 | -1.67 | 1.50 | 10.96 | |
Benchmark | 2007 | 0.07 | 0.22 | 2.45 | 2.85 | 2.90 | -2.07 | -2.65 | -0.45 | 1.96 | 4.00 | -4.38 | 0.55 | 5.22 | |
Fund | 2008 | -7.41 | 1.85 | -0.19 | 1.81 | 0.69 | -6.27 | 0.43 | 4.38 | -9.92 | -12.22 | 1.05 | 7.48 | -18.59 | |
Benchmark | 2008 | -10.33 | 3.18 | -2.53 | 5.65 | 0.99 | -8.21 | -2.44 | 4.35 | -14.16 | -13.79 | 0.44 | 5.13 | -29.74 | |
Fund | 2009 | -2.71 | -6.55 | -2.26 | 6.71 | 0.78 | -1.69 | 5.91 | 6.39 | 5.13 | 1.03 | 0.79 | 4.52 | 18.44 | |
Benchmark | 2009 | -5.46 | -6.93 | 1.96 | 12.12 | 4.24 | -2.94 | 7.89 | 7.39 | 5.20 | -0.54 | 1.39 | 3.87 | 29.91 | |
Fund | 2010 | -2.24 | 2.50 | 6.05 | -0.15 | -4.51 | -1.09 | 3.51 | -0.65 | 6.14 | 1.25 | -2.43 | 5.32 | 13.83 | |
Benchmark | 2010 | -3.64 | 2.89 | 7.40 | -0.89 | -5.96 | -4.85 | 7.11 | -2.33 | 8.21 | 2.07 | -1.43 | 7.14 | 15.25 | |
Fund | 2011 | -1.00 | 1.82 | 0.22 | 3.18 | 1.79 | -1.71 | -1.34 | -4.95 | -0.46 | 6.73 | -1.58 | 2.47 | 4.77 | |
Benchmark | 2011 | -1.18 | 2.33 | -0.15 | 2.45 | -0.47 | -1.52 | -1.15 | -8.36 | -3.79 | 9.97 | -4.22 | 2.67 | -4.42 | |
Fund | 2012 | -0.19 | 5.67 | 1.33 | -1.19 | -3.25 | 3.73 | 3.06 | 1.63 | -0.29 | 0.86 | 0.34 | -0.40 | 11.56 | |
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 | 5.30 | 2.16 | 3.71 | 0.36 | 3.51 | -3.39 | 4.73 | -1.46 | 0.15 | 3.74 | 2.32 | 22.84 | ||
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 | -3.43 | 4.61 | -0.60 | 1.39 | 3.28 | -1.72 | -1.48 | 2.41 | -2.27 | -0.41 | 1.51 | 0.18 | 3.20 | |
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 | 4.45 | 2.02 | -1.69 | 2.10 | 3.40 | -4.87 | 2.01 | -3.98 | -0.31 | 4.37 | 2.30 | -1.72 | 7.82 | |
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 | -2.08 | 1.79 | 3.22 | 0.45 | 0.77 | 2.00 | 3.81 | 1.70 | 0.11 | 0.22 | -1.67 | 2.82 | 13.75 | |
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 | -1.28 | 1.48 | 1.39 | -0.76 | 4.40 | -2.30 | -0.29 | 0.86 | -0.60 | 0.43 | -0.75 | 0.72 | 3.19 | |
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 | -1.35 | -3.53 | -0.15 | 5.16 | 2.31 | 0.07 | 0.38 | -0.86 | 0.66 | -2.25 | 1.06 | -3.05 | -1.85 | |
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 | 2.39 | 0.74 | 2.98 | 1.29 | -1.71 | 2.98 | 1.79 | -1.44 | 0.99 | -1.64 | 2.13 | 1.99 | 13.06 | |
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 | -2.02 | -7.22 | -11.82 | 8.26 | 3.28 | 1.43 | -0.53 | 1.31 | -1.19 | -4.91 | 8.84 | 2.53 | -3.93 | |
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 | -0.10 | 1.37 | 1.27 | 204.10 | ||||||||||
Benchmark | 2021 | -0.44 | 2.06 | 1.61 | 132.67 |
Net yield is calculated as last four distributions divided by share price as at month end
Net Yield % | |
---|---|
Share class A - accumulating | 2.32 |
Share class A - distributing | 2.37 |
Share class B - accumulating | 2.33 |
Share class B - distributing | 2.38 |
Data shown net of fees, net income reinvested. Performance of other share classes may vary and is available on request. Please note that all fund performance is shown against the FTSE All-Share TR Index. Where shown, monthly returns table shows compounded discrete monthly performance.
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.
J O Hambro Capital Management Ltd is licensed by FTSE to redistribute the FTSE All-Share Total Return Index. All rights in and to the Index and trade mark vest in FTSE and/or its licensors (including the Financial Times Limited and the London Stock Exchange PLC), none of whom shall be responsible for any error or omission in the Index.
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 annual management charge is deducted from the capital of the Fund. This will increase the income from the Fund but may constrain or erode potential for capital growth.
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.
Fund size | GBP 297.44m |
---|---|
Number of holdings | 34 |
Johnson Matthey | 3.35% |
WPP | 3.32% |
SERCO GROUP | 3.26% |
TATE & LYLE | 3.20% |
WHITBREAD | 3.19% |
HAYS | 3.16% |
Next | 3.16% |
Antofagasta | 3.15% |
ASHTEAD GROUP | 3.12% |
PZ CUSSONS | 3.10% |
SERCO GROUP | +3.19% |
Johnson Matthey | +3.09% |
PZ CUSSONS | +3.08% |
HAYS | +3.05% |
TATE & LYLE | +3.04% |
UDG HEALTHCARE | +2.96% |
WHITBREAD | +2.88% |
Antofagasta | +2.86% |
WPP | +2.86% |
WOOD GROUP (JOHN) | +2.81% |
Portfolio | Benchmark | Relative | ||
---|---|---|---|---|
Industrials | 21.42% | 12.72% | 8.70% | |
Consumer Services | 20.59% | 12.48% | 8.11% | |
Consumer Goods | 15.72% | 15.59% | 0.12% | |
Basic Materials | 11.69% | 10.19% | 1.51% | |
Health Care | 8.75% | 8.32% | 0.43% | |
Utilities | 5.57% | 2.82% | 2.75% | |
Oil & Gas | 2.90% | 8.01% | -5.11% | |
Telecommunications | 2.57% | 2.13% | 0.44% | |
Technology | 2.55% | 1.07% | 1.48% | |
Financials | 2.28% | 26.66% | -24.39% | |
Cash | 5.95% | 0.00% | 5.95% |
Portfolio | Benchmark | Relative | ||
---|---|---|---|---|
Large Cap | 60.00% | 78.63% | -18.63% | |
Medium Cap | 34.05% | 17.93% | 16.13% | |
Small Cap | 0.00% | 3.44% | -3.44% | |
Cash | 5.95% | 0.00% | 5.95% |
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.
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.
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 MoreEstablished 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...
Read MoreMark 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...
Read MoreAmongst other characteristics, the Fund promotes environmental and social characteristics and invests in companies that apply good corporate governance. JOHCM Funds (Ireland) Limited, the Fund’s manager, has therefore categorised the Fund as meeting the provisions set out in Article 8 of EU Regulation 2019/2088 on sustainability-related disclosures in the financial services sector (“SFDR”).
In looking for investments, J O Hambro Capital Management Limited (“Investment Manager”) seeks to avoid investing in companies which contribute to significant social and/or environmental harms, and thereby fail environmental, social and governance (“ESG”) key performance indicators. In order to achieve this, the Investment Manager uses ESG scores to populate its own proprietary ESG scorecard which it uses to assess and monitor its investments. The Fund seeks to avoid those companies it rates as “Failing to meet standards” on that proprietary scorecard. The selection criteria may not be disapplied or overridden by the Investment Manager.
When an investee company is rated as ‘Failing to meet standards’ on its proprietary ESG scorecard, the Investment Manager will engage with that issuer for a period of up to 18 months to allow the company to implement change, otherwise the Fund will exit that position.
The team recognises that ESG factors can create risks and opportunities for companies and look for companies who may benefit from this.
In order to measure and monitor the environmental characteristics of the Fund, the Investment Manager utilises a proprietary scorecard which measures each investee company against not only financial and business characteristics, but also relevant social and environmental metrics. The Investment Manager will also consider data provided by a third-party data provider, although this will not necessarily directly influence whether a company will be bought or sold by the Fund.
Investee companies must follow good governance practices. This requires investee companies to adhere to minimum standards in various areas including sound management structures, employee relations, remuneration of staff and tax compliance. The Investment Manager is a signatory to the UK Stewardship Code 2012, is requesting to be a signatory to the UK Stewardship Code 2020 (together the “Code”) and is a signatory to the UN Principles for Responsible Investment (the “UNPRI”). As a signatory to the Code and the UNPRI, the good governance practices of investee companies are assessed by the Investment Manager prior to making an investment and periodically thereafter.
The Fund uses the FTSE All Share Total Return Index for performance fee calculation purposes only and it is not, nor is it intended to be, aligned and/or consistent with the environmental and social characteristics promoted by the Fund.
A description of the extent to which environmental and social characteristics are met will be available as part of the annual report which will be published on this website once available. The Fund’s most recent annual report does not include any information pursuant to SFDR.
In implementing its exclusionary screens, we utilise the business involvement screening service offered by our third-party provider, ISS. As such, we rely upon ISS’s business involvement definitions, data and assessments. Further details are available on request.
The exclusion criteria referred to above will be applied prior to making any investment and the Fund’s portfolio will be monitored for any investments which breach these exclusion criteria on a periodic basis.
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