Switch user type
 
see all views & news
See all results for ''

JOHCM Global Opportunities Fund (offshore)

Back

Fund Description

The JOHCM Global Opportunities Fund is a high conviction, benchmark-unconstrained stock picking fund that invests in both developed and emerging markets. Fund managers Ben Leyland and Robert Lancastle bring to bear the same successful investment philosophy and process that established the JOHCM UK Opportunities Fund as a leading UK equities fund, focusing on companies that are capable of producing compounding growth over the long term.
  • Ben and Robert aim to identify long-term trends and themes and then find undervalued, high quality companies which benefit from these trends and themes
  • The market persistently underestimates the value created by well-managed companies in growth areas reinvesting wisely
  • Returns-based absolute valuation approach avoids momentum and relative valuation pitfalls
  • Strict “sell to zero” discipline: the main risk is holding “bad” shares not missing out on “good” ones
Reasons To Invest
  • Long-term investment horizon
  • Proven success of investment philosophy and process in the form of the JOHCM UK Opportunities Fund, on which Ben Leyland served as a fund manager
  • Portfolio construction unconstrained by artificial index constraints
  • Capacity constrained to preserve long-term performance
  • Ben Leyland

    Senior Fund Manager

    small image path
  • Robert Lancastle

    Senior Fund Manager

    small image path
  • Jasmeet Munday

    Analyst

    small image path

This is a marketing communication.

Information on the rights of investors can be found here.

The registrations of the funds described in this communication may be terminated by JOHCM at its discretion from time to time. 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. 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. Investments may 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 Global Equity Funds

JOHCM Global Select Fund

Fund managers Christopher Lees and Nudgem Richyal believe stock markets are inefficient and aim to exploit market anomalies via an investment process that combines both top-down and bottom-up research. Their distinct “4-Dimensional” investment process (stocks, sectors, countries, time/change) focuses on the behaviour of each shar...

Read More
JOHCM Global Opportunities Fund (onshore)

The JOHCM Global Opportunities Fund is a high conviction, benchmark-unconstrained stock picking fund that invests in both developed and emerging markets. Fund managers Ben Leyland and Robert Lancastle bring to bear the same successful investment philosophy and process that established the JOHCM UK Opportunities Fund as a leading UK equities ...

Read More
JOHCM Global Select Shariah Fund

The Fund is managed in accordance with Shariah principles and invests in a concentrated portfolio of Shariah compliant global equity securities. Fund managers Nudgem Richyal and Christopher Lees believe stock markets are inefficient and aim to exploit market anomalies via an investment process that combines both top-down and bottom-up resear...

Read More
Back

Investment Objective

The investment policy of the Fund is to invest in a portfolio of global equity securities listed on any
Recognised Market. The selection of equity securities will primarily be driven by a cashflow analysis from the perspective of a long-term business owner. At no time will less than 80% of the Fund’s total net assets be invested in such securities. The benchmark of the Fund, for performance fee calculation purposes, will be the Index but the Fund will be managed on an ‘unconstrained basis’ with no restrictions in terms of regional or sector allocation versus this benchmark.

Fund details

Data as at 31 July 2024
Fund size GBP 646.89m
Strategy size GBP 4.74bn (as at 31 December 2023)
Benchmark MSCI AC World NR 12pm adjusted
Domicile Ireland
Denomination GBP, EUR, USD
Share classes

Please click here
Unit type Distribution
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 July 2024

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 registrations of the funds described in this communication may be terminated by JOHCM at its discretion from time to time. 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. 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. Investments may 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 30 June 2024

After a few slightly more volatile months, June returned to a familiar pattern: falling volatility and rising equity markets with extremely narrow leadership. The Bloomberg ‘Mag-7’ index was up another 10%, accounting for 87% of the total Index return during the month, and they are now more than 20% of the MSCI AC World Index, having been less than 17% at the start of the year. A total of twelve mega-cap stocks (a ‘Terrific Twelve’? a ‘Dominant Dozen’?) – including the other three major semiconductor names (Broadcom, TSMC and ASML) and two GLP-1 names in the pharma sector (Eli Lilly and Novo Nordisk) – are now nearly 25% of the index and accounted for the entire total return during June and the second quarter. Six companies now have a market cap above $1tn, of which three are more than $3tn. Less than six years ago, Apple was making headlines for breaking above $1tn. 

With little exposure to this group of stocks, the fund was broadly flat during the month. Our insurers and exchanges rose, whereas a number of our healthcare and staples names fell, as did some of our resource names and European industrials – the latter in part a reaction to increased political uncertainty highlighted by the calling of a snap parliamentary election in France. We have reduced our holding in Thales in response. 

When leadership is this narrow, it is easy to assume that there is only one way to deliver returns, and that requires you to get a handful of big thematic and macro calls right. We disagree - many interesting things are going on beyond AI, GLP-1s, inflation and interest rates. Since Covid, there has been an unusual lack of coordination between cycles, creating some real disconnects between valuations and fundamentals. Currently, there are a multitude of sectors worth monitoring closely, including traditionally stable areas such as staples (eg spirits) and healthcare (eg life sciences), as well as more classically cyclical areas like industrial automation and automotive semiconductors. By triangulating compounding potential, valuation and execution, our process allows us to recognise when these disconnects represent genuine opportunities and when they can drive strong medium-term returns. 

We added three new names to the portfolio during the month: the Australian insurer QBE, the Japanese electronics company Murata, and the database software company Oracle, which we have continued to monitor closely since selling it two years ago and which is now seeing a strong acceleration in earnings growth which make us more comfortable about its valuation and its balance sheet. Given that we now have a maximum of forty stocks, these were partially funded by selling Svenska Handelsbanken and FIS Global.
 

This is a marketing communication.

Information on the rights of investors can be found here.

The registrations of the funds described in this communication may be terminated by JOHCM at its discretion from time to time. 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. 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. Investments may 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 Reporting

Factsheet
Factsheet
Factsheet
Monthly Portfolio Review
Monthly Portfolio Review
Monthly Portfolio Review

This is a marketing communication.

Information on the rights of investors can be found here.

The registrations of the funds described in this communication may be terminated by JOHCM at its discretion from time to time. 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. 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. Investments may 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 July 2024
A GBP share class, since launch (29 June 2012)

Return history (%)

Data as at 31 July 2024

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 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. 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. 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 19 - Jun 20 Jun 20 - Jun 21 Jun 21 - Jun 22 Jun 22 - Jun 23 Jun 23 - Jun 24
Fund -0.21% 12.81% 8.58% 3.79% 10.06%

Monthly returns (%)

Data as at 31 July 2024
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual Since inception
Fund 2012 3.50 1.26 1.15 -0.75 0.19 -0.76 4.60
Benchmark 2012 3.09 0.46 1.73 -0.43 1.45 0.66 7.11
Fund 2013 8.13 4.16 3.57 -0.16 3.69 -2.06 4.37 -2.40 -0.24 4.30 0.31 1.29 27.34
Benchmark 2013 8.14 3.78 1.75 0.52 2.87 -3.57 4.71 -3.66 0.75 4.77 -0.64 0.28 20.82
Fund 2014 -2.85 3.48 0.82 0.37 2.36 -1.87 -0.07 2.43 -0.93 0.72 4.24 1.59 10.51
Benchmark 2014 -3.32 3.05 0.53 0.05 2.93 -0.04 1.05 2.53 -0.50 1.20 4.36 -0.85 11.30
Fund 2015 3.86 1.92 2.03 -0.66 3.12 -4.96 2.50 -3.18 -1.98 6.54 3.21 1.06 13.65
Benchmark 2015 2.08 2.37 3.02 -1.08 1.09 -5.84 1.49 -5.26 -3.71 8.09 1.56 -0.23 2.80
Fund 2016 -0.84 4.87 2.76 -0.46 0.46 6.29 5.30 1.23 0.12 3.81 -1.17 2.25 27.17
Benchmark 2016 -4.77 4.36 3.24 0.24 -0.05 6.58 7.21 1.42 0.89 5.49 -1.26 3.26 29.27
Fund 2017 -0.61 3.40 0.11 -1.08 3.97 -1.78 0.05 1.86 -2.72 2.36 0.37 -0.58 5.26
Benchmark 2017 1.27 3.11 1.02 -2.08 2.92 -0.56 1.51 1.79 -1.70 3.52 -0.05 1.75 13.02
Fund 2018 -2.83 -0.49 -1.17 4.07 2.55 1.80 1.98 1.73 1.00 -2.28 1.42 -4.90 2.52
Benchmark 2018 0.57 -1.34 -5.14 4.75 3.25 0.15 2.80 2.31 0.03 -6.18 1.88 -7.18 -4.83
Fund 2019 3.37 2.40 2.44 2.58 -1.06 2.74 4.52 -1.59 0.97 -2.43 0.85 -0.65 14.78
Benchmark 2019 4.91 2.07 2.10 4.54 -2.11 4.60 5.66 -3.05 0.75 -1.97 3.01 0.64 22.76
Fund 2020 0.84 -4.48 -7.98 5.58 4.16 0.84 -3.42 0.86 -0.30 -3.93 10.42 -0.33 0.94
Benchmark 2020 0.76 -6.80 -9.86 9.77 4.79 2.82 -0.78 4.74 -0.19 -2.05 8.80 1.64 12.50
Fund 2021 -1.88 0.89 5.61 3.45 0.27 1.30 -0.18 1.60 -1.22 0.80 -0.70 3.85 14.38
Benchmark 2021 0.64 -0.33 3.29 4.18 -1.11 3.83 0.32 3.66 -1.28 1.83 2.28 1.59 20.38
Fund 2022 -0.14 0.96 5.56 2.53 0.12 -4.53 4.00 1.68 -4.33 0.53 1.76 0.52 8.50
Benchmark 2022 -5.93 -1.26 5.66 -2.75 -1.88 -4.82 4.94 2.42 -4.80 1.33 1.24 -2.09 -8.40
Fund 2023 2.29 -3.11 0.58 -2.04 2.17 1.96 -0.32 0.60 -3.19 3.55 3.39 5.71
Benchmark 2023 3.15 0.32 -0.43 0.90 1.06 1.93 2.68 -1.04 -0.72 -2.86 5.13 4.47 15.26
Fund 2024 0.42 1.17 2.47 0.11 -0.71 0.38 2.26 6.22 270.66
Benchmark 2024 1.84 3.23 3.77 -1.47 0.77 3.66 -1.22 10.90 300.79

Source and notes

Source: JOHCM/Bloomberg/MSCI Barra.

Data shown net of fees, net income income reinvested. Benchmark: MSCI AC World NR 12pm adjusted. Performance of other share classes may vary and is available on request. 

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 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. 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. 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 registrations of the funds described in this communication may be terminated by JOHCM at its discretion from time to time. 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. 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. Investments may 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 July 2024
Fund size GBP 646.89m
Number of holdings 41

Top 10 holdings and active weights

Data as at 31 July 2024
Top 10 holdings
Unitedhealth Group 4.00%
Compass 3.94%
INTACT FINANCIAL 3.84%
Philip Morris International 3.79%
Sempra Energy 3.73%
CRH 3.51%
Atmos Energy 3.44%
Shell 3.40%
Deutsche Boerse 3.31%
GXO LOGISTICS 3.27%
Top 10 active weights
Compass +3.87%
INTACT FINANCIAL +3.79%
Sempra Energy +3.66%
Philip Morris International +3.56%
CRH +3.43%
Atmos Energy +3.41%
Unitedhealth Group +3.29%
GXO LOGISTICS +3.27%
Deutsche Boerse +3.25%
Shell +3.09%

Sector breakdown

Data as at 31 July 2024
Portfolio Benchmark Relative
Health Care 19.75% 11.08% 8.67%
Financials 14.97% 16.17% -1.20%
Information Technology 12.13% 24.91% -12.78%
Industrials 11.47% 10.58% 0.90%
Consumer Staples 10.62% 6.27% 4.36%
Utilities 10.13% 2.61% 7.52%
Consumer Discretionary 5.91% 10.34% -4.43%
Energy 5.12% 4.36% 0.75%
Materials 4.86% 4.04% 0.82%
Communication Services 1.51% 7.56% -6.05%
Real Estate 0.00% 2.09% -2.09%
Cash 3.53% 0.00% 3.53%

Market cap breakdown

Data as at 31 July 2024
Portfolio Benchmark Relative
Large Cap 88.41% 95.45% -7.04%
Medium Cap 7.19% 4.55% 2.64%
Small Cap 0.00% 0.00% 0.00%
Cash 4.39% 0.00% 4.39%

This is a marketing communication.

Information on the rights of investors can be found here.

The registrations of the funds described in this communication may be terminated by JOHCM at its discretion from time to time. 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. 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. Investments may 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
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 A - Hedged EUR EUR Ireland IE00BFZWWX24 1.172 -0.008
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 A EUR EUR Ireland IE00B7MR5575 2.986 -0.024
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 A GBP GBP Ireland IE00B89PQM59 2.661 -0.02
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 A USD USD Ireland IE00B89JY234 2.61 -0.02
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 B EUR EUR Ireland IE00B80FZF09 2.687 -0.021
Global Equities JOHCM Global Opportunities Fund (offshore) B GBP Ireland IE00B89JT176
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 B USD USD Ireland IE00B8295C79 2.432 -0.018
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 M NOK Non-Distributing NOK Ireland IE0001EME6I4 13.896 -0.093
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 X - Class EUR EUR Ireland IE00BJ5JW424 1.366 -0.011
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 X - Class GBP GBP Ireland IE00BQVC9L01 2.281 -0.017
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 X - Hedged GBP GBP Ireland IE00BF29TX58 1.303 -0.01
Global Equities JOHCM Global Opportunities Fund (offshore) X EUR Non-Distributing Ireland IE00BMCZLF81
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 X GBP Non-Distributing GBP Ireland IE00BK8M2125 1.061 -0.008
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 Z - Class GBP GBP Ireland IE00B83MS159 1.083 -0.008
Global Equities JOHCM Global Opportunities Fund (offshore) Z CAD Ireland IE00BDZD4N50
Global Equities JOHCM Global Opportunities Fund (offshore) 06/09/2024 Z EUR EUR Ireland IE00BDZD4M44 1.374 -0.011
Global Equities JOHCM Global Opportunities Fund (offshore) Z GBP Non-Distributing Ireland IE00BD6R4D64

Dividend Rates

Funds paying quarterly dividends

JOHCM UK Equity Income Fund

Share class Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 (estimated)
A distributing GBP 3.141 1.831 2.105 3.272 3.429 1.561 1.710 3.862524
A accumulating GBP 7.115 4.227 4.910 7.720 8.243 3.821 4.223 9.627698
B distributing GBP 2.890 1.682 1.932 3.000 3.140 1.480 1.561 3.52353
B accumulating GBP 6.553 3.888 4.510 7.085 7.553 3.498 3.860 8.792624
Y distributing GBP 2.121 1.238 1.424 2.213 2.320 1.056 1.158 2.615854
Y accumulating GBP 2.876 1.709 1.932 3.123 3.336 1.547 1.710 3.899444
X distributing GBP 1.570 0.915 1.053 1.638 1.717 0.782 0.857 1.937067
M distributing GBP 0.000 0.000 0.000 0.000 0.000 0.785 1.005 2.272155
M accumulating GBP 0.000 0.000 0.000 0.000 0.000 0.785 1.012 2.30927

Dividends are quoted and paid in pence per share

Distribution of income occur on or before: 31 May, 31 August, 30 November and 28 February

The quarterly table above shows the last two years net dividends (on an accounting 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

Distribution of income occur on or before: 31 August and 28 February

JOHCM UK Dynamic Fund (Onshore)

Share class Currency Pay date Dividend paid in Dividend rate (estimated)
A - distributing GBP 30 Aug 2024 pence per share 4.735399
A - accumulating GBP 30 Aug 2024 pence per share  7.59417
B - distributing GBP 30 Aug 2024 pence per share  4.245882
B - accumulating GBP 30 Aug 2024 pence per share 8.311086
Y - distributing GBP 30 Aug 2024 pence per share 2.974221
Y - accumulating GBP 30 Aug 2024 pence per share 4.383506
X - distributing GBP 30 Aug 2024 pence per share 2.47997
X - accummulating GBP 30 Aug 2024 pence per share 2.972206
L - distributing GBP 30 Aug 2024 pence per share 2.444
L - accummulating GBP 30 Aug 2024 pence per share 2.425166
M - distributing GBP 30 Aug 2024 pence per share 2.420092
M - accumulating GBP 30 Aug 2024 pence per share 2.476813
K - distributing GBP 30 Aug 2024 pence per share 2.472
K - accumulating GBP 30 Aug 2024 pence per share 2.525192

JOHCM UK Dynamic Fund (Offshore)

Share class Currency Pay date Dividend paid in Dividend rate
Sterling Y Shares GBP 31 Jul 2024 pence per share 2.4668
Euro Y Shares EUR 31 Jul 2024 pence per share 2.476
US Dollar Y Shares USD 31 Jul 2024 pence per chare 2.845

JOHCM Global Select Shariah Fund

Share class Currency Pay date Dividend paid in Dividend rate
US Dollar A Shares USD 31 Jul 2024 pence per share 0.4694

Funds paying annual dividends

Distribution of income occur on or before 28 February

JOHCM Asia ex Japan Fund

Share class Currency Pay date Dividend paid in Dividend rate
Sterling A Shares GBP 28 Feb 2024 pence per share 3.0011
US Dollar A Shares USD 28 Feb 2024 cents per share 2.3900
Euro A Shares EUR 28 Feb 2024 cents per share 2.9114
Sterling B Shares GBP 28 Feb 2024 pence per share 1.5626
US Dollar B Shares USD 28 Feb 2024 cents per share 1.2851
Euro B Shares EUR 28 Feb 2024 cents per share 1.5605
Sterling Z Shares GBP 28 Feb 2024 cents per share 3.6312
US Dollar Z Shares USD 28 Feb 2024 cents per share 2.7222

JOHCM Asia ex Japan Small and Mid Cap Fund

Share class Currency Pay date Dividend paid in Dividend rate
Sterling A Shares GBP 28 Feb 2024 pence per share 0.0000
US Dollar A Shares USD 28 Feb 2024 cents per share 0.0000
Euro A Shares USD 28 Feb 2024 cents per share 0.0000
Sterling B Shares GBP 28 Feb 2024 pence per share 0.0000
US Dollar B Shares EUR 28 Feb 2024 cents per share 0.0000
Euro B Shares USD 28 Feb 2024 cents per share 0.0000
Sterling Z Shares GBP 28 Feb 2024 cents per share 1.56820


JOHCM Continental European Fund

Share class Currency Pay date Dividend paid in Dividend rate
Euro A Shares EUR 28 Feb 2024 pence per share 5.7782
Euro B Shares EUR 28 Feb 2024 cents per share 3.7784
Euro Y Shares EUR 28 Feb 2024 pence per share 2.4506
Sterling A Shares GBP 28 Feb 2024 pence per share 7.1582
Sterling A Shares - Hedge GBP 28 Feb 2024 cents per share 1.3875
Sterling B Shares GBP 28 Feb 2024 cents per share 4.5079
Sterling X Shares GBP 28 Feb 2024 pence per share 1.6701
Sterling Y Shares GBP 28 Feb 2024 pence per share 2.8389
Sterling Y Shares - Hedge GBP 28 Feb 2024 cents per share 1.5828
US Dollar A Shares USD 28 Feb 2024 cents per share 1.8816
US Dollar B Shares - Hedge USD 28 Feb 2024 pence per share 0.9958
US Dollar Y Shares USD 28 Feb 2024 pence per share 1.7692

JOHCM European Select Values Fund

Share class Currency Pay date Dividend paid in  Dividend rate
Sterling A Shares GBP 28 Feb 2024 pence per share 5.5762
Euro A Shares EUR 28 Feb 2024 cents per share 3.5682
Sterling B Shares GBP 28 Feb 2024 pence per share 2.6361
Euro B Shares EUR 28 Feb 2024 cents per share 1.233
Euro X Shares EUR 28 Feb 2024 cents per share 0.5376
Euro Y Shares EUR 28 Feb 2024 cents per share 1.1704


JOHCM Global Emerging Markets Opportunities Fund

Share class Currency Pay date Dividend paid in Dividend rate
Sterling A Shares GBP 28 Feb 2024 pence per share 2.2775
US Dollar A Shares USD 28 Feb 2024 cents per share 1.8887
Euro A Shares EUR 28 Feb 2024 cents per share 2.4749
Sterling B Shares GBP 28 Feb 2024 pence per share 1.4135
US Dollar B Shares USD 28 Feb 2024 cents per share 1.5795
Euro B Shares EUR 28 Feb 2024 cents per share 1.571
Sterling Y Shares GBP 28 Feb 2024 pence per share 2.9977
US Dollar Y Shares USD 28 Feb 2024 cents per share 2.5092
Sterling Z Shares GBP 28 Feb 2024 cents per share 4.4746
Canadian Dollar Z Shares CAD 28 Feb 2024 cents per share 4.0653

JOHCM Global Opportunities Fund (onshore)

Share class Currency Pay date Dividend paid in Dividend rate
A DISTRIBUTING GBP 28 Feb 2024 pence per share 2.411497
A ACCUMULATING GBP 28 Feb 2024 pence per share 2.699908
X DISTRIBUTING GBP 28 Feb 2024 cents per share 2.460528
X ACCUMULATING GBP 28 Feb 2024 cents per share 2.526286
A ACCUMULATING HEDGED GBP 28 Feb 2024 cents per share 2.361961

JOHCM Global Opportunities Fund (offshore)

Share class Currency Pay date Dividend paid in Dividend rate
Sterling A Shares GBP 28 Feb 2024 pence per share 4.1679
US Dollar A Shares USD 28 Feb 2024 cents per share 3.958
Euro A Shares EUR 28 Feb 2024 cents per share 4.5388
Euro A Shares - Hedge EUR 28 Feb 2024 cents per share 1.8065
Sterling B Shares GBP 28 Feb 2024 cents per share 4.0053
US Dollar B Shares USD 28 Feb 2024 cents per share 3.2958
Euro B Shares EUR 28 Feb 2024 cents per share 3.6494
Sterling X Shares GBP 28 Feb 2024 cents per share 3.6351
Euro X Shares EUR 28 Feb 2024 cents per share 2.1128
Sterling X Shares - Hedge GBP 28 Feb 2024 cents per share 1.9782
Sterling Z Shares GBP 28 Feb 2024 cents per share 1.8735
Euro Z Shares EUR 28 Feb 2024 cents per share 2.3066

JOHCM Global Select Fund

Share class Currency Pay date Dividend paid in  Dividend rate
Sterling A Shares GBP 28 Feb 2024 pence per share 2.915
US Dollar A Shares USD 28 Feb 2024 cents per share 1.5321
Euro A Shares EUR 28 Feb 2024 cents per share 2.6999
Sterling B Shares GBP 28 Feb 2024 pence per share 0.0000
US Dollar B Shares USD 28 Feb 2024 cents per share 0.0000
Euro B Shares EUR 28 Feb 2024 cents per share 0.0000
Sterling Z Shares GBP 28 Feb 2024 pence per share 4.2729

JOHCM UK Growth Fund

Share class Currency Pay date Dividend paid in Dividend rate
Sterling A Shares GBP 28 Feb 2024 pence per share 5.1881
Sterling B Shares GBP 28 Feb 2024 pence per share 2.8603
Sterling X Shares GBP 28 Feb 2024 pence per share 2.8694

JOHCM UK Opportunities Fund

Share class Currency Pay date Dividend paid in Dividend rate
A - distributing GBP 28 Feb 2024 pence per share 6.322169
A - accumulating GBP 28 Feb 2024 pence per share 10.185733
B - distributing GBP 28 Feb 2024 pence per share 5.90282
B - accumulating GBP 28 Feb 2024 pence per share 9.378544
Y - accumulating GBP 28 Feb 2024 pence per share 4.26672
Y - distributing GBP 28 Feb 2024 pence per share 5.711236

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

  • 13 Jun 2024

    The Good Life in Non-Life

    Non-life insurers in medium-sized markets benefit from improving efficiencies in strong franchises

    Read More
  • 13 May 2024

    Keeping Energy Live

    There are layers of change happening in the energy sector, making it a fascinating area of opportunity

    Read More
  • 15 Apr 2024

    The Under-Appreciated Winners

    As the post-pandemic de-stocking cycle finally plays through, opportunities are emerging in a variety of sectors, including healthcare and logistics

    Read More
  • 13 Mar 2024

    Momentum vs Fundamentals

    Recent markets have been driven almost wholly by momentum. How far have fundamentals been left behind in the pricing of equities?

    Read More
  • 19 Feb 2024

    The Forgotten Middle

    Are there alternatives to big tech? Opportunities abound in the ‘forgotten middle’, where quality, value and growth intersect

    Read More
  • 21 Dec 2023

    Opportunity in the Coming Cycle

    Regardless of the cycle, active investors can benefit from idosyncratic earnings

    Read More
  • 09 May 2023

    Let's Get Physical

    Will real and physical assets, which have been underinvested, be the winners of the future

    Read More
  • 29 Mar 2023

    New Debt Paradigm

    The rising cost of capital is exposing companies over-dependent on ultra-low-cost capital. Careful stock selection might be a better response than running for any available cover

    Read More
  • 21 Mar 2023

    Return of the Rollercoaster

    As the cost of capital has risen, so has volatility. What’s causing it ... and how should investors respond?

    Read More
  • 03 May 2022

    Is your equity portfolio ready for a turn in the investment cycle?

    A number of capital cycles are turning. Investors need to shift their focus towards sectors which have been overlooked.

    Read More
  • 13 Mar 2022

    Forgotten Middle

    JOHCM Global Opportunities Fund - Remembering the "Forgotten Middle"

    Read More
  • 28 Jul 2021

    Latest reflections

    Latest reflections from the JOHCM Global Opportunities team.

    Read More
  • 21 Dec 2020

    Thoughts on inflation

    A question that appears to be on many minds: will inflation return? The JOHCM Global Opportunities team provide their thoughts.

    Read More
  • 18 Sep 2019

    Leyland's Look

    Ben Leyland, manager of the JOHCM Global Opportunities fund, on why investors' "fear of missing out" is so dangerous. 

    Read More

Webcasts & Videos

  • Video Image
    US Election Special: Ready for Another World Order?

    08 Nov 2024 02:30 PM | 30 mins

  • Video Image
    JOHCM Global Opportunities and JOHCM International Opportunities

    26 Mar 2024 | 13 mins

  • Video Image
    The Big Spend – Investing in the Real World

    22 Mar 2024 | 31 mins

  • Video Image
    A Route Through Recession

    30 Jun 2023 | 30 mins

  • Ben Leyland

    Senior Fund Manager

    small image path
  • Robert Lancastle

    Senior Fund Manager

    small image path
  • Jasmeet Munday

    Analyst

    small image path

This is a marketing communication.

Information on the rights of investors can be found here.

The registrations of the funds described in this communication may be terminated by JOHCM at its discretion from time to time. 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. 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. Investments may 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 Global Equity Funds

JOHCM Global Select Fund

Fund managers Christopher Lees and Nudgem Richyal believe stock markets are inefficient and aim to exploit market anomalies via an investment process that combines both top-down and bottom-up research. Their distinct “4-Dimensional” investment process (stocks, sectors, countries, time/change) focuses on the behaviour of each shar...

Read More
JOHCM Global Opportunities Fund (onshore)

The JOHCM Global Opportunities Fund is a high conviction, benchmark-unconstrained stock picking fund that invests in both developed and emerging markets. Fund managers Ben Leyland and Robert Lancastle bring to bear the same successful investment philosophy and process that established the JOHCM UK Opportunities Fund as a leading UK equities ...

Read More
JOHCM Global Select Shariah Fund

The Fund is managed in accordance with Shariah principles and invests in a concentrated portfolio of Shariah compliant global equity securities. Fund managers Nudgem Richyal and Christopher Lees believe stock markets are inefficient and aim to exploit market anomalies via an investment process that combines both top-down and bottom-up resear...

Read More
Back

Summary

This webpage is designed to provide the reader with information about the J O Hambro Capital Management Global Opportunities 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.

Documents

SFDR Disclosure
| JOHCM Global Opportunities

The Forgotten Middle

Where Quality, Growth and Value Intersect

Latest Blogs

Conversations with Ben Leyland and Robert Lancastle Senior fund managers, JOHCM Global Opportunities and JOHCM International Opportunities.

The Good Life in Non-Life

Jun 2024

Non-life insurers in medium-sized markets offer a focused opportunity to benefit from improving efficiencies in strong franchises

Read the Blog

Keeping Energy Live

May 2024

There are layers of change happening in the energy sector, making it a fascinating area of opportunity

Read the Blog

The Under-Appreciated Winners

April 2024

As the post-pandemic de-stocking cycle finally plays through, opportunities are emerging in a variety of sectors, including healthcare and logistics

Read the Blog

Momentum vs Fundamentals

March 2024

Recent markets have been driven almost wholly by momentum. How far have fundamentals been left behind in the pricing of equities?

Read the Blog

Related Content

The Forgotten Middle

The Forgotten Middle

Are there alternatives to big tech? Opportunities abound in the 'forgotten middle', where quality, value and growth intersect.

Learn more
The Big Spend: Investing in the Real World

The Big Spend: Investing in the Real World

30 minute webinar with Fund Managers Robert Lancastle and Saurabh Sharma.

Learn more
Strategy Overview

Strategy Overview

The JOHCM Global Opportunities Fund is a high conviction, benchmark-unconstrained stock picking fund that invests in both developed . . .

Learn more
Due Diligence

Due Dilligence Webinar

A short webinar outlining our investment philosophy and process, with discussion of the benefits to investors and key risks.

Learn more

 

see all

Contact our team

To find out more about our Global Opportunities Strategy and how we can help you.

Contact us

For a better experience, we recommend viewing this website in landscape orientation.

Webinars

×

JOHCM

×

Regnan

×