James Syme
Senior Fund Manager
For fund managers James Syme and Paul Wimborne, identifying the right countries in which to invest is the most important influence on investment performance. Complementing their top-down view is a stock selection process that focuses on identifying quality growth stocks within their favoured countries. The result is a large-cap biased portfolio of typically 50-60 stocks.
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.
Investors should note that this strategy invests in emerging markets and such investments may carry risks with failed or delayed settlement and with registration and custody of securities. Companies in emerging markets may not be subject to accounting, auditing and financial reporting standards or be subject to the same level of government supervision and regulation as in more developed markets. Government involvement in the economy may affect the value of investments in certain emerging markets and the risk of political instability may be high. The reliability of trading and settlement systems in some emerging markets may not be equal to that available in more developed markets which may result in problems in realising investments. Lack of liquidity and efficiency in certain of the stock markets or foreign exchange markets in certain emerging markets may mean that from time to time the Investment Manager may experience difficulty in purchasing or selling holdings of securities. Furthermore, due to local postal and banking systems, no guarantee can be given that all entitlements attaching to quoted and over-the counter traded securities acquired by this strategy, including those related to dividends, can be realised.
Fund size | GBP 246.43m | |||||||||||||||||||||
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Strategy size | GBP 1.89bn (as at 31 December 2020) | |||||||||||||||||||||
Benchmark | MSCI Emerging Markets NR 12pm adjusted | |||||||||||||||||||||
Domicile | Ireland | |||||||||||||||||||||
Denomination | GBP, EUR, USD | |||||||||||||||||||||
Share classes |
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Unit type | Distribution | |||||||||||||||||||||
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) | 0.90% |
Annual mgmt charge (B) | 1.50% |
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 Limited |
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.
Investors should note that this strategy invests in emerging markets and such investments may carry risks with failed or delayed settlement and with registration and custody of securities. Companies in emerging markets may not be subject to accounting, auditing and financial reporting standards or be subject to the same level of government supervision and regulation as in more developed markets. Government involvement in the economy may affect the value of investments in certain emerging markets and the risk of political instability may be high. The reliability of trading and settlement systems in some emerging markets may not be equal to that available in more developed markets which may result in problems in realising investments. Lack of liquidity and efficiency in certain of the stock markets or foreign exchange markets in certain emerging markets may mean that from time to time the Investment Manager may experience difficulty in purchasing or selling holdings of securities. Furthermore, due to local postal and banking systems, no guarantee can be given that all entitlements attaching to quoted and over-the counter traded securities acquired by this strategy, including those related to dividends, can be realised.
In Brazil, several weeks of increasing tension between parts of the corporate sector and President Bolsonaro’s government have led to more decisive action by the government. Most coverage has focused on the decision to replace the CEO of oil company Petrobras (held in the portfolio) after the company decided to increase petrol and diesel prices in line with crude oil prices in the face of government criticism. President Bolsonaro has instead suggested that the company should cut fuel prices by 10%. This management change has been poorly received by investors, as it both reduces headline profitability and also calls the outgoing CEO’s shareholder-friendly operational and financial strategies into question.
This trend is not Petrobras-specific, though. President Bolsonaro is also pushing utility companies to reduce electricity prices. Taken in the whole, these moves show a clear move by the administration away from liberalising economic reforms and towards a more populist stance ahead of the 2022 elections.
This has a number of implications for investors. Coming at a time of rising US bond yields, the effect on the share prices of the companies concerned has been significantly negative, but at a wider level the stock market, local currency bonds and the currency have sold off and Brazilian CDS have increased.
This is partly because of the potential implications for fiscal and monetary policy. As fiscally loose, so monetarily tight. The BCB, the central bank, meets in mid-March, and the reaction function of the bank suggests that a weaker currency and higher bond yields are likely to lead to a hike. This isn’t a given, and consensus narrowly expects a hold in the meeting, but risks have definitely increased. The old adage that elections are good for markets in emerging Asia but bad in Latin America may yet apply.
And yet, it is important not to be too bearish. Policy has to be viewed through the lens of fundamentals and, by our reckoning, fundamentals look very, very good indeed.
Barring a prolonged inflationary spike (end December unemployment was 14.2%, pretty much the highest it has been in twenty years of data; capacity utilisation recovered to 80.5% in January, well below the 83-84% levels seen at cyclical peaks), Brazil’s enduring weakness is its balance of payments, which is in turn largely a reflection of trade-related and portfolio flows.
And, right now, both of those look great. Brazil terms of trade (the ratio of export prices to import prices) are by far the best they have been in 25 years of data, far above the mid 90s or late 00s peaks. 2020 saw volatility in trade flows as Covid hit both domestic and external demand, and the last few months have seen economic recovery lift imports. However, there is a close historical relationship between terms of trade and exports, and that points to a substantial lift in exports as we move through 2021.
Concerns around politics and policy have meant that we have been cautious about adding exposure to Brazil, and we will continue to look to add opportunistically while the macro environment remains so supportive. It remains our view that Brazil is a market best seen as offering cyclical opportunities rather than a long-term buy-and-hold case, but there will be periods where the cyclical opportunity is strong and we believe that 2021 is likely to be one of them. The move higher in bond yields, reflecting a stronger global economy, is having a drag on Brazilian financial markets in the short-term, but that doesn’t remove the strong fundamental case for the medium-term.
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.
Investors should note that this strategy invests in emerging markets and such investments may carry risks with failed or delayed settlement and with registration and custody of securities. Companies in emerging markets may not be subject to accounting, auditing and financial reporting standards or be subject to the same level of government supervision and regulation as in more developed markets. Government involvement in the economy may affect the value of investments in certain emerging markets and the risk of political instability may be high. The reliability of trading and settlement systems in some emerging markets may not be equal to that available in more developed markets which may result in problems in realising investments. Lack of liquidity and efficiency in certain of the stock markets or foreign exchange markets in certain emerging markets may mean that from time to time the Investment Manager may experience difficulty in purchasing or selling holdings of securities. Furthermore, due to local postal and banking systems, no guarantee can be given that all entitlements attaching to quoted and over-the counter traded securities acquired by this strategy, including those related to dividends, can be realised.
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.
Investors should note that this strategy invests in emerging markets and such investments may carry risks with failed or delayed settlement and with registration and custody of securities. Companies in emerging markets may not be subject to accounting, auditing and financial reporting standards or be subject to the same level of government supervision and regulation as in more developed markets. Government involvement in the economy may affect the value of investments in certain emerging markets and the risk of political instability may be high. The reliability of trading and settlement systems in some emerging markets may not be equal to that available in more developed markets which may result in problems in realising investments. Lack of liquidity and efficiency in certain of the stock markets or foreign exchange markets in certain emerging markets may mean that from time to time the Investment Manager may experience difficulty in purchasing or selling holdings of securities. Furthermore, due to local postal and banking systems, no guarantee can be given that all entitlements attaching to quoted and over-the counter traded securities acquired by this strategy, including those related to dividends, can be realised.
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. Investing in companies in emerging markets involves higher risk than investing in established economies or securities markets. Emerging Markets may have less stable legal and political systems, which could affect the safe-keeping or value of assets. You should not base your decision to invest on this document. 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 | |
---|---|---|---|---|---|
Fund | 26.34% | 28.23% | -9.82% | 11.48% | 12.47% |
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual | Since inception | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 2011 | -2.90 | -7.42 | -9.23 | 10.91 | -6.08 | -15.00 | ||||||||
Benchmark | 2011 | -2.13 | -9.44 | -10.12 | 10.93 | -6.42 | 1.36 | -16.19 | |||||||
Fund | 2012 | 6.82 | 6.17 | -5.29 | -2.08 | -8.95 | -0.61 | 4.08 | -0.36 | 4.65 | -0.46 | 0.92 | 1.47 | 5.29 | |
Benchmark | 2012 | 9.39 | 5.02 | -3.98 | -2.73 | -6.86 | 1.97 | 3.27 | -2.02 | 3.95 | 1.59 | 4.03 | 13.27 | ||
Fund | 2013 | 4.31 | 2.79 | -1.85 | -1.44 | 2.58 | -8.64 | 2.04 | -3.17 | 2.30 | 6.16 | -1.00 | -1.13 | 2.10 | |
Benchmark | 2013 | 3.65 | 2.67 | -1.74 | -1.74 | -0.28 | -6.87 | 1.83 | -3.88 | 2.63 | 5.52 | -3.62 | -2.35 | -4.79 | |
Fund | 2014 | -6.05 | 2.81 | 0.24 | -1.07 | 6.71 | -0.22 | 3.04 | 2.40 | -4.37 | 3.79 | 2.47 | -2.94 | 6.23 | |
Benchmark | 2014 | -6.61 | 2.57 | 2.75 | -0.26 | 4.71 | 0.16 | 3.45 | 3.37 | -4.88 | 2.10 | 1.26 | -4.19 | 3.74 | |
Fund | 2015 | 7.69 | -0.91 | 3.27 | 4.35 | -1.80 | -7.05 | -6.65 | -7.12 | -1.44 | 8.26 | -0.22 | -1.35 | -4.41 | |
Benchmark | 2015 | 4.33 | 0.32 | 2.70 | 3.75 | -2.70 | -6.20 | -6.29 | -7.65 | -1.87 | 6.41 | -1.32 | -1.49 | -10.61 | |
Fund | 2016 | -6.50 | 2.32 | 7.63 | -2.44 | -1.25 | 12.99 | 8.34 | 3.76 | 2.90 | 3.61 | -6.62 | 0.73 | 26.34 | |
Benchmark | 2016 | -3.99 | 3.64 | 9.36 | -0.88 | -3.35 | 11.91 | 7.43 | 3.58 | 2.27 | 6.62 | -6.72 | 1.52 | 34.03 | |
Fund | 2017 | 5.27 | 2.78 | 3.63 | -1.47 | 4.72 | 0.55 | 3.93 | 3.48 | -3.36 | 6.28 | -2.14 | 1.96 | 28.23 | |
Benchmark | 2017 | 4.22 | 3.46 | 2.40 | -1.85 | 4.13 | -0.50 | 4.79 | 4.08 | -4.26 | 4.96 | -1.09 | 2.82 | 25.15 | |
Fund | 2018 | -1.17 | -2.48 | -3.37 | 3.95 | 0.97 | -1.40 | 1.42 | -1.11 | -1.42 | -6.05 | 4.51 | -3.62 | -9.82 | |
Benchmark | 2018 | 3.20 | -2.08 | -4.01 | 2.49 | -0.63 | -3.22 | 2.43 | -1.84 | -0.65 | -7.08 | 4.71 | -2.67 | -9.57 | |
Fund | 2019 | 3.84 | -1.17 | 5.23 | 1.13 | -1.34 | 4.98 | 1.80 | -3.95 | 1.10 | -3.27 | -1.05 | 4.18 | 11.48 | |
Benchmark | 2019 | 5.45 | -0.49 | 1.60 | 3.28 | -4.44 | 5.72 | 3.08 | -5.33 | 1.12 | -0.91 | 0.31 | 4.90 | 14.44 | |
Fund | 2020 | -2.10 | -3.81 | -14.12 | 11.27 | 0.83 | 7.65 | -0.46 | 0.31 | 2.14 | 0.37 | 6.35 | 5.76 | 12.47 | |
Benchmark | 2020 | -3.77 | -3.70 | -12.29 | 8.99 | 1.23 | 8.44 | 1.77 | 2.21 | -0.28 | 2.15 | 6.49 | 4.44 | 14.60 | |
Fund | 2021 | 1.11 | 0.93 | 2.05 | 73.44 | ||||||||||
Benchmark | 2021 | 3.10 | -1.33 | 1.73 | 69.62 |
JOHCM/MSCI/Bloomberg/Lipper.
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 MSCI Emerging Markets NR 12pm adjusted in GBP. Performance of other share classes may vary and is available on request. 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. Investing in companies in emerging markets involves higher risk than investing in established economies or securities markets. Emerging Markets may have less stable legal and political systems, which could affect the safe-keeping or value of assets. You should not base your decision to invest on this document. 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.
Investors should note that this strategy invests in emerging markets and such investments may carry risks with failed or delayed settlement and with registration and custody of securities. Companies in emerging markets may not be subject to accounting, auditing and financial reporting standards or be subject to the same level of government supervision and regulation as in more developed markets. Government involvement in the economy may affect the value of investments in certain emerging markets and the risk of political instability may be high. The reliability of trading and settlement systems in some emerging markets may not be equal to that available in more developed markets which may result in problems in realising investments. Lack of liquidity and efficiency in certain of the stock markets or foreign exchange markets in certain emerging markets may mean that from time to time the Investment Manager may experience difficulty in purchasing or selling holdings of securities. Furthermore, due to local postal and banking systems, no guarantee can be given that all entitlements attaching to quoted and over-the counter traded securities acquired by this strategy, including those related to dividends, can be realised.
Fund size | GBP 246.43m |
---|---|
Number of holdings | 53 |
Samsung Electronics | 9.05% |
Naspers | 5.05% |
Prosus | 4.15% |
SK Telecom | 3.97% |
SK Hynix | 3.77% |
HKEx | 3.76% |
ENN Energy Holdings | 3.73% |
State Bank of India | 3.28% |
ICICI Bank | 2.85% |
CEMEX | 2.82% |
Prosus | +4.15% |
Samsung Electronics | +4.12% |
SK Telecom | +3.86% |
Naspers | +3.81% |
HKEx | +3.76% |
ENN Energy Holdings | +3.59% |
State Bank of India | +3.17% |
SK Hynix | +2.93% |
CEMEX | +2.82% |
Longfor Properties | +2.63% |
Portfolio | Benchmark | Relative | ||
---|---|---|---|---|
Information Technology | 19.02% | 21.04% | -2.02% | |
Financials | 19.02% | 17.51% | 1.51% | |
Consumer Discretionary | 15.68% | 18.61% | -2.93% | |
Materials | 10.51% | 7.72% | 2.79% | |
Communication Services | 7.86% | 12.38% | -4.51% | |
Industrials | 7.75% | 4.19% | 3.56% | |
Real Estate | 7.58% | 2.10% | 5.48% | |
Utilities | 3.91% | 1.92% | 1.99% | |
Consumer Staples | 2.58% | 5.42% | -2.84% | |
Energy | 2.47% | 4.68% | -2.20% | |
Health Care | 0.00% | 4.43% | -4.43% | |
Cash | 3.60% | 0.00% | 3.60% |
Portfolio | Benchmark | Relative | ||
---|---|---|---|---|
Large Cap | 75.70% | 80.94% | -5.24% | |
Medium Cap | 17.82% | 19.06% | -1.24% | |
Small Cap | 2.87% | 0.00% | 2.87% | |
Cash | 3.61% | 0.00% | 3.61% |
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.
Investors should note that this strategy invests in emerging markets and such investments may carry risks with failed or delayed settlement and with registration and custody of securities. Companies in emerging markets may not be subject to accounting, auditing and financial reporting standards or be subject to the same level of government supervision and regulation as in more developed markets. Government involvement in the economy may affect the value of investments in certain emerging markets and the risk of political instability may be high. The reliability of trading and settlement systems in some emerging markets may not be equal to that available in more developed markets which may result in problems in realising investments. Lack of liquidity and efficiency in certain of the stock markets or foreign exchange markets in certain emerging markets may mean that from time to time the Investment Manager may experience difficulty in purchasing or selling holdings of securities. Furthermore, due to local postal and banking systems, no guarantee can be given that all entitlements attaching to quoted and over-the counter traded securities acquired by this strategy, including those related to dividends, can be realised.
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.
Investors should note that this strategy invests in emerging markets and such investments may carry risks with failed or delayed settlement and with registration and custody of securities. Companies in emerging markets may not be subject to accounting, auditing and financial reporting standards or be subject to the same level of government supervision and regulation as in more developed markets. Government involvement in the economy may affect the value of investments in certain emerging markets and the risk of political instability may be high. The reliability of trading and settlement systems in some emerging markets may not be equal to that available in more developed markets which may result in problems in realising investments. Lack of liquidity and efficiency in certain of the stock markets or foreign exchange markets in certain emerging markets may mean that from time to time the Investment Manager may experience difficulty in purchasing or selling holdings of securities. Furthermore, due to local postal and banking systems, no guarantee can be given that all entitlements attaching to quoted and over-the counter traded securities acquired by this strategy, including those related to dividends, can be realised.
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