Scott McGlashan
Senior Fund Manager
Experienced investors Scott McGlashan and Ruth Nash employ a 'value' stock-picking approach in the Japanese stock market, focusing in particular on small and mid-cap sections of the market to build a concentrated portfolio of typically 40-60 undervalued stocks with strong balance sheets.
As part of our commitment to managing fund capacity and preserving liquidity, we are no longer marketing the Fund to new intermediaries.
Senior Fund Manager
Senior Fund Manager
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
To provide long-term capital growth through investing in a concentrated portfolio of Japanese stocks, with a bias towards the small and mid-cap areas of the Japanese stock market.
Please note that for capacity reasons the Fund is 'soft-closed' to new direct investors.
Fund size | GBP 98.52m | |||||||||||||||||||||||||||
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Benchmark | TOPIX TR adjusted | |||||||||||||||||||||||||||
Domicile | Ireland | |||||||||||||||||||||||||||
Denomination | GBP, EUR, JPY | |||||||||||||||||||||||||||
Share classes |
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Unit type | Distribution | |||||||||||||||||||||||||||
XD Date | 31 December | |||||||||||||||||||||||||||
Payment date | 28 February | |||||||||||||||||||||||||||
Minimum investment |
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Valuation point | Daily (12pm, UK time) | |||||||||||||||||||||||||||
Dealing frequency | Daily 9-5pm | |||||||||||||||||||||||||||
Fund codes |
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©2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Morningstar Overall Ratings and Morningstar Analyst Ratings are as at 31/10/2020.
Initial charge | Up to 5% |
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Annual mgmt charge (A) | 0.75% |
Annual mgmt charge (B) | 1.25% |
Performance fee | 15% on excess if Fund outperforms benchmark, calculated daily. Any underperformance carried forward. This fee applies to all share classes. |
Status | UCITS |
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Investment manager | J O Hambro Capital Management 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.
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 Nikkei Index ought to be an irrelevance; it is weighted by price, rather than by market cap, which means that companies such as Fast Retailing (the owner of the Uniqlo clothing brand) commands a weighting of just under 13%, whereas Toyota, the biggest company in Japan, has a weighting of less than 1%. Nevertheless, the Nikkei is the index that tends to make the headlines and so it was in February, when, after 30 years, if finally cleared the ¥30,000 level. The market cap-weighted Topix Total Return Index also traded above levels last seen 30 years ago.
The strength of the market reflects growing optimism about global economic recovery and a positive reaction to Japan’s third quarter results season. Although aggregate sales for the quarter to December declined by 4%, pre-tax profits were up 21% and the revision index hit an all-time high.
Third quarter GDP numbers, at 12.7% annualised growth, were also better than expected and industrial production numbers showed that, by the end of January, production levels had recovered over 90% of their COVID-19 slump. The Japanese economy is clearly starting to benefit from the recovery in global trade.
The Fund outperformed its benchmark in February, which proved to be another good month for value stocks. The rise in bond yields meant that the banking sector finally started to show signs of life and Sumitomo Mitsui Financial Group was one of our top performers during the month. Surprisingly, perhaps, in a month in which Japan’s state of emergency was extended, service sector companies performed well. Indeed, Tokyu Corporation, the Tokyo based railway, outperformed the market by just under 16% in February.
We added J Front Retailing, the department store, to the portfolio this month. We were impressed that, despite the sharp downturn in customer traffic, they have been profitable for the past two quarters. As the market looks forward to a re-opening of the economy and as year-on-year sales comparisons become easier, we expect the stock’s discount to book value to reduce. We also added Toyota and Mitsubishi Chemical to the portfolio, increasing our cyclical exposure. We funded these purchases by reducing our technology exposure slightly.
Until recently, investors have continued to buy a select handful of ever more expensive growth names on the basis that they were the only reliable source of earnings growth in the Japanese market. The third quarter results season has challenged that assumption; there are now many companies offering good earnings growth and trading at significantly lower valuations. Japan’s value rally has been slow to start, but it has much further to go.
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
A GBP | A EUR | A JPY | A A-Hedge GBP | |
B GBP | B EUR | B JPY | B B-Hedge GBP |
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
Past performance is no guarantee of future performance. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile. We recommend that you read the Prospectus and Key Investor Information available from the address overleaf or from our website.
Mar 16 - Mar 17 | Mar 17 - Mar 18 | Mar 18 - Mar 19 | Mar 19 - Mar 20 | Mar 20 - Mar 21 | |
---|---|---|---|---|---|
Fund | 22.22% | 16.29% | -17.75% | 13.91% | -2.24% |
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual | Since inception | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 2004 | 6.70 | -8.25 | 2.66 | -3.08 | 0.51 | 1.53 | 2.31 | 1.70 | ||||||
Benchmark | 2004 | 7.59 | -6.64 | 1.72 | -3.27 | 1.24 | 0.31 | 3.59 | 3.98 | ||||||
Fund | 2005 | 2.85 | -0.19 | 1.82 | -4.23 | 1.96 | 2.31 | 3.11 | 4.93 | 12.53 | -0.15 | 7.13 | 12.94 | 53.59 | |
Benchmark | 2005 | 1.21 | -0.24 | 0.86 | -4.43 | 3.60 | 1.99 | 3.17 | 4.36 | 11.06 | -0.73 | 6.19 | 9.60 | 42.06 | |
Fund | 2006 | -0.32 | -2.63 | 4.75 | -3.78 | -10.34 | 0.51 | -4.28 | -0.76 | 0.84 | -4.55 | -3.10 | 0.66 | -21.38 | |
Benchmark | 2006 | 1.11 | -0.82 | 3.96 | -1.72 | -9.62 | 0.54 | -2.32 | -0.74 | 0.28 | -1.04 | -2.38 | 2.22 | -10.62 | |
Fund | 2007 | 1.47 | 6.50 | -0.98 | -2.44 | -2.96 | -1.93 | -2.54 | -2.10 | -0.17 | -2.07 | 0.18 | -1.05 | -8.14 | |
Benchmark | 2007 | 0.58 | 4.18 | -1.20 | -3.87 | 2.39 | -1.63 | -1.88 | -2.88 | 1.46 | -1.62 | -1.47 | -1.69 | -7.64 | |
Fund | 2008 | -2.48 | 2.45 | -1.24 | 5.84 | 2.97 | -8.99 | -3.99 | 4.91 | -6.56 | -3.37 | 6.87 | 15.94 | 10.28 | |
Benchmark | 2008 | -3.35 | 0.93 | -3.47 | 8.13 | 2.07 | -6.95 | -3.40 | 3.85 | -8.18 | -5.20 | 4.71 | 14.83 | 1.54 | |
Fund | 2009 | -2.17 | -12.08 | 4.49 | 1.26 | 3.21 | 3.28 | 1.42 | 4.78 | -0.24 | -6.78 | -2.37 | 4.51 | -2.18 | |
Benchmark | 2009 | -5.37 | -11.73 | 1.73 | 4.45 | 1.15 | 0.58 | 2.66 | 5.45 | 0.44 | -5.87 | -0.46 | 2.81 | -5.42 | |
Fund | 2010 | 3.07 | 4.51 | 6.16 | 0.87 | -6.06 | -2.92 | -0.08 | -3.32 | 1.88 | 0.80 | 5.66 | 10.03 | 21.32 | |
Benchmark | 2010 | 1.63 | 6.47 | 6.23 | -1.68 | -2.97 | -4.40 | 0.15 | -2.09 | 2.14 | 0.70 | 4.84 | 8.01 | 19.73 | |
Fund | 2011 | -2.81 | 0.78 | -6.96 | -4.08 | -2.36 | 7.18 | 0.75 | -5.90 | 4.53 | -2.36 | -4.67 | 1.55 | -14.31 | |
Benchmark | 2011 | -2.36 | 2.73 | -7.90 | -3.52 | -0.96 | 5.98 | 0.98 | -7.21 | 3.83 | -3.65 | -2.18 | 1.89 | -12.59 | |
Fund | 2012 | 4.31 | 4.44 | 1.27 | -4.42 | -2.00 | 5.27 | -3.58 | -2.87 | 2.55 | -1.48 | 2.29 | 6.25 | 11.87 | |
Benchmark | 2012 | 2.77 | 4.17 | 0.78 | -5.11 | -4.61 | 5.65 | -3.31 | -2.04 | 0.82 | -1.66 | 2.05 | 4.89 | 3.71 | |
Fund | 2013 | 5.81 | 6.86 | 7.58 | 6.33 | -6.34 | 1.20 | 0.95 | -5.93 | 6.86 | 0.41 | -0.12 | 24.76 | ||
Benchmark | 2013 | 6.01 | 6.59 | 4.75 | 6.57 | -3.63 | 1.31 | 1.49 | -4.71 | 4.74 | 0.24 | -0.60 | -0.22 | 24.02 | |
Fund | 2014 | -2.79 | -3.78 | -0.56 | -4.08 | 4.32 | 4.45 | 1.02 | -0.59 | 0.66 | -1.43 | 1.33 | 1.07 | -0.81 | |
Benchmark | 2014 | -3.31 | -1.84 | -0.80 | -3.70 | 4.80 | 3.70 | 1.54 | -0.20 | 1.64 | -0.12 | 1.72 | -0.42 | 2.69 | |
Fund | 2015 | 3.45 | 1.54 | 5.46 | 0.05 | 1.28 | -3.53 | 0.60 | -3.04 | -5.66 | 8.61 | 0.87 | 1.14 | 10.43 | |
Benchmark | 2015 | 5.51 | 3.87 | 5.89 | -0.20 | 2.10 | -4.21 | 1.24 | -4.12 | -5.39 | 9.13 | 1.57 | 1.52 | 17.06 | |
Fund | 2016 | -5.90 | -0.92 | 1.73 | 2.21 | -1.44 | 0.45 | 10.21 | 1.63 | 3.26 | 10.67 | -1.93 | 1.43 | 22.22 | |
Benchmark | 2016 | -4.55 | 0.19 | 1.40 | 2.95 | -0.87 | 5.86 | 8.17 | 0.95 | 3.73 | 8.08 | -4.42 | 1.45 | 24.37 | |
Fund | 2017 | 1.26 | 2.37 | -2.75 | -2.69 | 3.49 | 1.75 | 0.82 | 1.75 | -0.55 | 6.37 | 1.59 | 2.11 | 16.29 | |
Benchmark | 2017 | 1.91 | 2.31 | -0.37 | -2.24 | 3.85 | 0.76 | 0.62 | 1.80 | -1.24 | 5.93 | 0.66 | 0.92 | 15.69 | |
Fund | 2018 | -0.79 | -1.36 | -5.11 | 5.26 | 0.31 | -2.20 | 0.56 | 0.12 | 1.51 | -7.57 | 1.23 | -10.31 | -17.75 | |
Benchmark | 2018 | -0.26 | 0.03 | -3.76 | 4.20 | 1.60 | -0.88 | 0.28 | 0.90 | 2.82 | -7.29 | 1.14 | -7.43 | -9.02 | |
Fund | 2019 | 3.85 | -1.45 | 1.11 | 2.33 | -3.12 | 3.31 | 5.12 | -1.91 | 4.32 | -0.33 | 0.29 | -0.04 | 13.91 | |
Benchmark | 2019 | 3.25 | -0.70 | 1.65 | 1.87 | -1.04 | 2.93 | 4.35 | -1.50 | 3.50 | -0.59 | 1.12 | -0.02 | 15.62 | |
Fund | 2020 | -3.41 | -9.51 | -7.60 | 5.89 | 5.03 | -1.58 | -9.12 | 6.50 | 6.00 | -3.59 | 8.26 | 3.26 | -2.24 | |
Benchmark | 2020 | -1.83 | -8.38 | -1.96 | 5.02 | 7.84 | -0.22 | -7.74 | 5.26 | 5.53 | -2.82 | 8.47 | 1.73 | 9.52 | |
Fund | 2021 | -1.25 | 1.13 | -0.13 | 151.43 | ||||||||||
Benchmark | 2021 | -1.84 | -1.84 | 208.30 |
JOHCM/Bloomberg/Tokyo Stock Exchange/Lipper.
Data shown net of fees, net income reinvested. Please note that all fund performance is shown against the TOPIX TR adjusted. 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. 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. We recommend that you read the Prospectus and Key Investor Information available from the address overleaf or from our website.
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
Fund size | GBP 98.52m |
---|---|
Number of holdings | 50 |
Sumitomo Mitsui Financial | 4.97% |
Toyota Industries | 4.03% |
Hitachi | 3.99% |
Mitsui & Co | 3.70% |
Honda Motors CO | 2.98% |
Tokio Marine | 2.97% |
Toyota Motor | 2.95% |
Sony | 2.88% |
Kyudenko Corp | 2.62% |
Daibiru Corporation | 2.59% |
Sumitomo Mitsui Financial | +3.97% |
Toyota Industries | +3.74% |
Hitachi | +3.07% |
Mitsui & Co | +2.99% |
Kyudenko Corp | +2.59% |
Daibiru Corporation | +2.58% |
Kyowa Exeo Corporation | +2.45% |
Maeda | +2.44% |
Tokio Marine | +2.30% |
Nomura Real Estate Holdings | +2.23% |
Portfolio | Benchmark | Relative | ||
---|---|---|---|---|
Manufacturing | 43.26% | 56.01% | -12.75% | |
Transport & Communications | 15.67% | 14.10% | 1.57% | |
Construction | 11.34% | 2.28% | 9.05% | |
Finance & Insurance | 10.73% | 8.86% | 1.87% | |
Commerce | 7.99% | 9.44% | -1.46% | |
Real Estate | 7.88% | 2.00% | 5.88% | |
Services | 1.21% | 5.75% | -4.54% | |
Electric Power & Gas | 0.00% | 1.29% | -1.29% | |
Fishery, Agriculture & Forestry | 0.00% | 0.09% | -0.09% | |
Mining | 0.00% | 0.18% | -0.18% | |
Cash | 1.93% | 0.00% | 1.93% |
Portfolio | Benchmark | Relative | ||
---|---|---|---|---|
Large Cap | 35.80% | 61.20% | -25.39% | |
Medium Cap | 40.63% | 29.56% | 11.07% | |
Small Cap | 21.64% | 9.24% | 12.40% | |
Cash | 1.93% | 0.00% | 1.93% |
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
Fund |
As at noon | Share class | Currency | Domicile | Sedol number | NAV per share | Change | |
JOHCM Asia ex Japan Fund | 09/04/2021 | A | EUR | Ireland | B431KK7 | 2.779 | -0.017 | |
A | GBP | Ireland | B3RQ272 | 2.856 | -0.018 | |||
A | USD | Ireland | B435PM6 | 2.448 | -0.018 | |||
B | GBP | Ireland | B3ZQS76 | 2.809 | -0.018 | |||
B | USD | Ireland | BF7NZT0 | 2.484 | -0.019 | |||
B | EUR | Ireland | B5L49R5 | 2.814 | -0.018 | |||
Z | GBP | Ireland | B44PG77 | 2.026 | -0.013 | |||
Z | USD | Ireland | BVG7681 | 1.635 | -0.011 | |||
JOHCM Asia ex Japan Small and Mid Cap Fund | 09/04/2021 | A | GBP | Ireland | B6R5LS4 | 2.742 | -0.018 | |
A | USD | Ireland | B6R5QW3 | 2.496 | -0.019 | |||
A | EUR | Ireland | B6R5VD9 | 2.398 | -0.016 | |||
B | GBP | Ireland | B6R63P8 | 2.683 | -0.018 | |||
B | USD | Ireland | B6R5YM9 | 2.388 | -0.019 | |||
B | EUR | Ireland | B6R5HM0 | 2.720 | -0.017 | |||
Z | GBP | Ireland | B4X3T62 | 2.072 | -0.014 | |||
JOHCM Continental European Fund | 09/04/2021 | A | GBP | Ireland | 3300912 | 5.355 | 0.018 | |
A | USD | Ireland | BJ4G0G2 | 1.664 | 0.007 | |||
A | EUR | Ireland | 3300923 | 4.312 | 0.016 | |||
A Hedged | GBP | Ireland | BSJCJ49 | 1.458 | 0.006 | |||
B | GBP | Ireland | 3100543 | 5.168 | 0.018 | |||
B | USD | Ireland | BJ4G0H3 | 1.699 | 0.006 | |||
B | EUR | Ireland | 3300901 | 4.344 | 0.014 | |||
Y | GBP | Ireland | B993PD0 | 1.972 | 0.007 | |||
Y | EUR | Ireland | B98YKX9 | 1.661 | 0.006 | |||
Y Hedged | GBP | Ireland | BSJCJ50 | 1.520 | 0.006 | |||
JOHCM European Concentrated Value Fund | 09/04/2021 | A | EUR | Ireland | BW0DJY9 | 1.099 | 0.002 | |
B | EUR | Ireland | BW0DJZ0 | 1.093 | 0.001 | |||
Z | AUD | Ireland | BYNJFM8 | 1.234 | 0.003 | |||
Z | EUR | Ireland | BYNJFN9 | 1.010 | 0.001 | |||
JOHCM European Select Values Fund | 09/04/2021 | A | GBP | Ireland | 3290422 | 6.069 | 0.010 | |
A | EUR | Ireland | 3290433 | 3.895 | 0.006 | |||
B | GBP | Ireland | 3290400 | 5.562 | 0.009 | |||
B | EUR | Ireland | 3290411 | 2.609 | 0.004 | |||
Non-Distributing | EUR | Ireland | BSFWK51 | 1.447 | 0.002 | |||
X | EUR | Ireland | B4K14L9 | 1.867 | 0.002 | |||
Y | EUR | Ireland | BMXC8L3 | 1.047 | 0.003 | |||
JOHCM Global Emerging Markets Opportunities Fund | 09/04/2021 | A | GBP | Ireland | B4002N4 | 1.559 | -0.010 | |
A | USD | Ireland | B4M6CN0 | 1.378 | -0.010 | |||
A | EUR | Ireland | B3ZBLW7 | 1.692 | -0.010 | |||
B | GBP | Ireland | B41RZ57 | 1.500 | -0.009 | |||
B | USD | Ireland | B4XXMP2 | 1.802 | -0.013 | |||
B | EUR | Ireland | B4TRCR0 | 1.672 | -0.011 | |||
Y | GBP | Ireland | BYSGJY4 | 1.878 | -0.011 | |||
Y | USD | Ireland | BYSGJZ5 | 1.677 | -0.012 | |||
Z | GBP | Ireland | B6R54W9 | 1.961 | -0.012 | |||
Z | CAD | Ireland | BBPK0L2 | 1.820 | -0.013 | |||
Z | AUD | Ireland | B5W6ZB6 | 2.066 | -0.012 | |||
JOHCM Global Income Builder Fund | 09/04/2021 | GBP | Ireland | BFZWPH7 | 1.111 | 0.004 | ||
A | SGD | Ireland | BFZWPG6 | 1.075 | 0.002 | |||
A | GBP | Ireland | BFZWPC2 | 1.061 | 0.003 | |||
A | USD | Ireland | BFZWPF5 | 1.085 | 0.003 | |||
A | EUR | Ireland | BFZWPD3 | 1.081 | 0.003 | |||
B | EUR | Ireland | BFZWPJ9 | 1.048 | 0.004 | |||
EUR | EUR | Ireland | BKF2GH9 | 0.960 | 0.002 | |||
GBI | GBP | Ireland | BHR0DJ1 | 1.085 | 0.003 | |||
JOHCM Global Opportunities Fund (offshore) | 09/04/2021 | A | USD | Ireland | B89JY23 | 2.248 | -0.002 | |
A | EUR | Ireland | B7MR557 | 2.399 | 0.001 | |||
A | GBP | Ireland | B89PQM5 | 2.195 | 0.001 | |||
B | GBP | Ireland | BF7NZS9 | 2.419 | 0.002 | |||
B | USD | Ireland | B8295C7 | 2.141 | -0.001 | |||
B | EUR | Ireland | B80FZF0 | 2.210 | 0.001 | |||
IHX | EUR | Ireland | BFZWWX2 | 1.084 | 0.000 | |||
X | GBP | Ireland | BQVC9L0 | 1.874 | 0.001 | |||
X | EUR | Ireland | BMCZLF8 | 1.173 | 0.001 | |||
X | EUR | Ireland | BJ5JW42 | 1.093 | 0.000 | |||
X Hedged | GBP | Ireland | BF29TX5 | 1.156 | -0.001 | |||
Z | GBP | Ireland | B83MS15 | 0.872 | 0.000 | |||
Z | GBP | Ireland | BD6R4D6 | 1.660 | 0.001 | |||
Z | EUR | Ireland | BDZD4M4 | 1.078 | 0.001 | |||
JOHCM Global Opportunities Fund (onshore) | 09/04/2021 | A Accumulating | GBP | UK | BJ5JMC0 | 1.127 | 0.000 | |
A Distributing | GBP | UK | BJ5JMD1 | 1.083 | 0.000 | |||
AHA | GBP | UK | BKDV8G1 | 1.157 | -0.001 | |||
X Accumulating | GBP | UK | BJ5JMF3 | 1.096 | 0.001 | |||
X Distributing | GBP | UK | BJ5JMG4 | 1.080 | 0.000 | |||
JOHCM Global Select Fund | 09/04/2021 | A | GBP | Ireland | B3DBRN2 | 4.625 | 0.015 | |
A | USD | Ireland | B3T31Z2 | 2.614 | 0.005 | |||
A | EUR | Ireland | B3DBRP4 | 4.296 | 0.013 | |||
B | GBP | Ireland | B3DBRL0 | 4.459 | 0.014 | |||
B | USD | Ireland | B5L7L67 | 2.984 | 0.006 | |||
B | EUR | Ireland | B3DBRM1 | 4.158 | 0.013 | |||
Z | GBP | Ireland | B3DCMB8 | 3.329 | 0.012 | |||
Z | USD | Ireland | B4V7J00 | 2.945 | 0.008 | |||
JOHCM Japan Fund | 09/04/2021 | A | GBP | Ireland | B00X0H5 | 2.520 | -0.001 | |
A | EUR | Ireland | 3438880 | 1.840 | -0.001 | |||
A Hedged | GBP | Ireland | B5LD7P6 | 1.815 | 0.004 | |||
A JPY | JPY | Ireland | 3438891 | 365.482 | 0.765 | |||
B | GBP | Ireland | 3438846 | 2.460 | -0.002 | |||
B | EUR | Ireland | 3438857 | 1.784 | -0.001 | |||
B Hedged | GBP | Ireland | B6386R1 | 1.819 | 0.004 | |||
B JPY | JPY | Ireland | 3438868 | 361.419 | 0.752 | |||
JOHCM UK Dynamic Fund | 09/04/2021 | A Accumulating | GBP | UK | B4T7HR5 | 2.621 | 0.001 | |
A Distributing | GBP | UK | B4T8552 | 1.832 | 0.001 | |||
B Accumulating | GBP | UK | B4T7JX5 | 2.912 | 0.001 | |||
B Distributing | GBP | UK | B4TXJ33 | 1.668 | 0.001 | |||
X Accumulating | GBP | UK | BJ7HNB8 | 1.021 | 0.000 | |||
X Distributing | GBP | UK | BJ5JMB9 | 0.954 | 0.000 | |||
Y | GBP | Ireland | BDGKPZ4 | 0.955 | 0.001 | |||
Y | GBP | UK | BDZRJ21 | 1.149 | 0.001 | |||
Y Accumulating | GBP | UK | BDZRJ10 | 1.512 | 0.001 | |||
JOHCM UK Equity Income Fund | 09/04/2021 | A Accumulating | GBP | UK | B03KR50 | 3.988 | 0.013 | |
A Distributing | GBP | UK | B03KP23 | 1.878 | 0.006 | |||
B Accumulating | GBP | UK | B03KR83 | 3.698 | 0.012 | |||
B Distributing | GBP | UK | B03KR61 | 1.739 | 0.005 | |||
X Distributing | GBP | UK | BYV9S21 | 0.936 | 0.003 | |||
Y | GBP | UK | B95FCK6 | 1.267 | 0.004 | |||
Y Accumulating | GBP | UK | B8FCHK5 | 1.609 | 0.005 | |||
JOHCM UK Growth Fund | 09/04/2021 | A | GBP | Ireland | 3300934 | 4.125 | 0.021 | |
B | GBP | Ireland | 3100554 | 3.596 | 0.018 | |||
REU | EUR | Ireland | BLLV8D7 | 2.223 | 0.011 | |||
RUD | USD | Ireland | BLLV8C6 | 2.457 | 0.009 | |||
X | USD | Ireland | BLLV871 | 2.464 | 0.009 | |||
X | EUR | Ireland | BLLV8B5 | 2.094 | 0.011 | |||
X | EUR | Ireland | BLLV882 | 2.229 | 0.011 | |||
X | GBP | Ireland | BLLV893 | 2.070 | 0.010 | |||
JOHCM UK Opportunities Fund | 09/04/2021 | A Accumulating | GBP | UK | B0LLB64 | 3.269 | 0.016 | |
A Distributing | GBP | UK | B3K76Q9 | 2.147 | 0.011 | |||
B Accumulating | GBP | UK | B0LLB75 | 3.044 | 0.015 | |||
B Distributing | GBP | UK | B3K76P8 | 2.027 | 0.010 | |||
X Accumulating | GBP | UK | BQJZQQ5 | 1.503 | 0.007 | |||
X Distributing | GBP | UK | B95MSF4 | 1.216 | 0.006 | |||
Y | GBP | UK | B95J5C1 | 1.445 | 0.008 | |||
Y Accumulating | GBP | UK | B95HP81 | 1.828 | 0.009 | |||
Regnan Global Equity Impact Solutions Fund (offshore) | 09/04/2021 | GBP | Ireland | BN2BDR9 | 0.942 | 0.003 | ||
USD | Ireland | BN2BDV3 | 0.949 | 0.002 | ||||
A | GBP | Ireland | BN2BD80 | 0.939 | 0.003 | |||
A | USD | Ireland | BN2BDC4 | 0.946 | 0.001 | |||
A | EUR | Ireland | BN2BD91 | 0.966 | 0.004 | |||
B | GBP | Ireland | BN2BDD5 | 0.938 | 0.003 | |||
B | USD | Ireland | BN2BDH9 | 0.945 | 0.002 | |||
B | EUR | Ireland | BN2BDF7 | 0.964 | 0.004 | |||
EUR | EUR | Ireland | BN2BDS0 | 0.968 | 0.003 | |||
HSE | EUR | Ireland | BN2BDT1 | 0.946 | 0.002 | |||
IHX | EUR | Ireland | BN2BDB3 | 0.943 | 0.001 | |||
RHX | EUR | Ireland | BN2BDG8 | 0.942 | 0.003 | |||
Z | GBP | Ireland | BN2BDN5 | 0.940 | 0.003 | |||
Regnan Global Equity Impact Solutions Fund (onshore) | 09/04/2021 | A Accumulating | GBP | UK | BMCZDD0 | 1.094 | 0.004 | |
DNA | GBP | UK | BMCZDJ6 | 1.098 | 0.004 | |||
Y Accumulating | GBP | UK | BMCZDK7 | 1.095 | 0.004 |
JOHCM Global Income Builder Fund
Share class | 04/20 | 05/20 | 06/20 | 07/20 | 08/20 | 09/20 | 10/20 | 11/20 | 12/20 | 01/21 | 02/21 | 03/21 | 04/21 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
A GBP | 0.4276 | 0.4164 | 0.4095 | 0.4554 | 0.4276 | 0.3871 | 0.4592 | 0.4016 | 0.4363 | 0.4312 | 0.3200 | 0.3071 | 0.3763 |
A EUR | 0.4180 | 0.4202 | 0.4065 | 0.4551 | 0.4180 | 0.3838 | 0.4431 | 0.3928 | 0.4289 | 0.4233 | 0.3205 | 0.3138 | 0.3899 |
A USD | 0.4154 | 0.3897 | 0.3833 | 0.4212 | 0.4154 | 0.3885 | 0.4393 | 0.3865 | 0.4335 | 0.4393 | 0.3270 | 0.3191 | 0.3864 |
A SGD | 0.4224 | 0.4070 | 0.3970 | 0.4323 | 0.4224 | 0.3895 | 0.4425 | 0.3899 | 0.4296 | 0.4274 | 0.3217 | 0.3140 | 0.3844 |
B EUR | 0.4083 | 0.4115 | 0.3978 | 0.4351 | 0.4083 | 0.3745 | 0.4319 | 0.3826 | 0.4174 | 0.4115 | 0.3114 | 0.3046 | 0.3781 |
Seed | 0.4464 | 0.4342 | 0.4272 | 0.4752 | 0.4464 | 0.3402 | 0.3929 | 0.3484 | 0.3806 | 0.3757 | 0.2846 | 0.2787 | 0.3464 |
Net dividends quoted in the local share class currency.
If you require the dividends for previous time periods, please contact RBC directly on 00353 14406555 or by fax on 00353 16131132 (0845 450 1974 and 02077475690 have been disabled).
JOHCM UK Equity Income Fund
Share class | Q4 18 | Q1 19 | Q2 19 | Q3 19 | Q4 19 | Q1 20 | Q2 20 | Q3 20 | Q4 20 | Q1 21 |
---|---|---|---|---|---|---|---|---|---|---|
A distributing GBP | 1.9368 | 2.0957 | 3.6523 | 2.7970 | 2.0409 | 1.5930 | 1.1154 | 1.2632 | 1.0771 | 1.1681 |
A accumulating GBP | 3.6835 | 4.0293 | 7.1000 | 5.5449 | 4.1082 | 3.2391 | 2.2958 | 2.6218 | 2.2581 | 2.4649 |
B distributing GBP | 1.8139 | 1.9597 | 3.4124 | 2.6093 | 1.9017 | 1.4790 | 1.0379 | 1.1739 | 0.9997 | 1.0825 |
B accumulating GBP | 3.4588 | 3.7777 | 6.6508 | 5.1861 | 3.8367 | 3.0210 | 2.1395 | 2.4391 | 2.0980 | 2.2869 |
Y distributing GBP | 1.3028 | 1.4102 | 2.4582 | 1.8832 | 1.3744 | 1.0730 | 0.7534 | 0.8514 | 0.7263 | 0.9944 |
Y accumulating GBP | 1.4823 | 1.6220 | 2.8588 | 2.2334 | 1.6547 | 1.3051 | 0.9242 | 1.0570 | 0.5363 | 0.7879 |
Dividends are quoted and paid in pence per share
XD dates: 31 March, 30 June, 30 September and 31 December
Payment dates: 31 May, 31 August, 30 November and 28 February
The quarterly table above shows the last two years net dividends (on a XD rather than a paid basis) for this fund. If you require the dividends for previous time periods, please contact RBC directly on 00353 14406555 or by fax on 00353 16131132 (0845 450 1974 and 02077475690 have been disabled).
All funds have a XD date of 31 December 2020 and pay date of 28 February 2021.
JOHCM Asia ex Japan Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 0.0000 |
A | EUR | 28 Feb 2021 | cents per share | 0.0000 |
A | USD | 28 Feb 2021 | cents per share | 0.0000 |
B | GBP | 28 Feb 2021 | pence per share | 0.0000 |
B | EUR | 28 Feb 2021 | cents per share | 0.0000 |
B | USD | 28 Feb 2021 | cents per share | 0.0000 |
Z | GBP | 28 Feb 2021 | cents per share | 1.3082 |
Z | USD | 28 Feb 2021 | cents per share | 1.0517 |
JOHCM Asia ex Japan Small and Mid Cap Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 0.0174 |
A | EUR | 28 Feb 2021 | cents per share | 0.0000 |
A | USD | 28 Feb 2021 | cents per share | 0.0000 |
B | GBP | 28 Feb 2021 | pence per share | 0.0000 |
B | EUR | 28 Feb 2021 | cents per share | 0.0000 |
B | USD | 28 Feb 2021 | cents per share | 0.0000 |
Z | GBP | 28 Feb 2021 | cents per share | 0.5072 |
JOHCM Concentrated Global Share Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 0.4259 |
JOHCM Continental European Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 5.8996 |
A | EUR | 28 Feb 2021 | cents per share | 4.5760 |
A - hedge | GBP | 28 Feb 2021 | pence per share | 1.5657 |
B | GBP | 28 Feb 2021 | pence per share | 3.5824 |
B | EUR | 28 Feb 2021 | cents per share | 2.9017 |
B - hedge | USD | 28 Feb 2021 | cents per share | 0.7325 |
Y | GBP | 28 Feb 2021 | pence per share | 2.3739 |
Y - hedge | GBP | 28 Feb 2021 | pence per share | 1.7895 |
Y | EUR | 28 Feb 2021 | cents per share | 1.9265 |
JOHCM European Select Values Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 5.8627 |
A | EUR | 28 Feb 2021 | cents per share | 3.6253 |
B | GBP | 28 Feb 2021 | pence per share | 3.1469 |
B | EUR | 28 Feb 2021 | cents per share | 1.4223 |
JOHCM European Concentrated Value Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | EUR | 28 Feb 2021 | cents per share | 1.0427 |
B | USD | 28 Feb 2021 | cents per share | 0.7018 |
B | EUR | 28 Feb 2021 | cents per share | 0.5797 |
Z | EUR | 28 Feb 2021 | cents per share | 1.5956 |
JOHCM Global Emerging Markets Opportunities Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 1.6723 |
A | EUR | 28 Feb 2021 | cents per share | 1.7483 |
A | USD | 28 Feb 2021 | cents per share | 1.4737 |
B | GBP | 28 Feb 2021 | pence per share | 0.8550 |
B | EUR | 28 Feb 2021 | cents per share | 0.9178 |
B | USD | 28 Feb 2021 | cents per share | 1.0224 |
Y | GBP | 28 Feb 2021 | pence per share | 2.2520 |
Y | USD | 28 Feb 2021 | cents per share | 2.0030 |
Z | GBP | 28 Feb 2021 | cents per share | 3.5880 |
JOHCM Global Opportunities Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 4.7894 |
A | EUR | 28 Feb 2021 | cents per share | 5.0441 |
A | USD | 28 Feb 2021 | cents per share | 4.8886 |
B | GBP | 28 Feb 2021 | pence per share | 5.3099 |
B | EUR | 28 Feb 2021 | cents per share | 4.6750 |
B | USD | 28 Feb 2021 | cents per share | 4.6865 |
A - hedged | EUR | 28 Feb 2021 | cents per share | 2.2077 |
X | GBP | 28 Feb 2021 | cents per share | 4.0923 |
Z | GBP | 28 Feb 2021 | cents per share | 1.8925 |
X - hedged | GBP | 28 Feb 2021 | cents per share | 2.3159 |
X | EUR | 28 Feb 2021 | cents per share | 2.2293 |
JOHCM Global Select Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 0.0000 |
A | EUR | 28 Feb 2021 | cents per share | 0.0000 |
A | USD | 28 Feb 2021 | cents per share | 0.0000 |
B | GBP | 28 Feb 2021 | pence per share | 0.0000 |
B | EUR | 28 Feb 2021 | cents per share | 0.0000 |
B | USD | 28 Feb 2021 | cents per share | 0.0000 |
Z | GBP | 28 Feb 2021 | cents per share | 2.1310 |
JOHCM Japan Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 2.8241 |
A | EUR | 28 Feb 2021 | cents per share | 1.9872 |
A | JPY | 28 Feb 2021 | yen per share | 382.8007 |
A - hedged | GBP | 28 Feb 2021 | pence per share | 1.8023 |
B | GBP | 28 Feb 2021 | pence per share | 1.6848 |
B | EUR | 28 Feb 2021 | cents per share | 1.1929 |
B | JPY | 28 Feb 2021 | yen per share | 231.4128 |
B - hedged | GBP | 28 Feb 2021 | pence per share | 1.0995 |
JOHCM UK Dynamic Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A - distributing | GBP | 28 Feb 2021 | pence per share | 4.5474 |
A - accumulating | GBP | 28 Feb 2021 | pence per share | 6.3294 |
B - distributing | GBP | 28 Feb 2021 | pence per share | 4.1566 |
B - accumulating | GBP | 28 Feb 2021 | pence per share | 7.0581 |
Y - distributing | GBP | 28 Feb 2021 | pence per share | 2.8496 |
Y - accumulating | GBP | 28 Feb 2021 | pence per share | 3.6465 |
Y | GBP | 28 Feb 2021 | pence per share | 2.2768 |
JOHCM UK Growth Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A | GBP | 28 Feb 2021 | pence per share | 2.2139 |
B | GBP | 28 Feb 2021 | pence per share | 0.6152 |
X | GBP | 28 Feb 2021 | pence per share | 0.3146 |
JOHCM UK Opportunities Fund
Share class | Currency | Pay date | Dividend paid in | Dividend rate |
---|---|---|---|---|
A - distributing | GBP | 28 Feb 2021 | pence per share | 4.7354 |
A - accumulating | GBP | 28 Feb 2021 | pence per share | 7.0433 |
B - distributing | GBP | 28 Feb 2021 | pence per share | 4.4936 |
B - accumulating | GBP | 28 Feb 2021 | pence per share | 6.5893 |
Y - accumulating | GBP | 28 Feb 2021 | pence per share | 3.9303 |
Y - distributing | GBP | 28 Feb 2021 | pence per share | 3.1829 |
Net dividends quoted in the local share class currency.
If you would like more information, please contact RBC directly on 00353 14406555 or by fax on 00353 16131132 (0845 450 1974 and 02077475690 have been disabled). Email us at oeicdealing@johcm.co.uk.
The information provided on this webpage is for professional advisers only. The value of an investment and the income from it can go down as well as up and investors may not get back the amount invested. This may be partly the result of exchange rate fluctuations in investments which have an exposure to foreign currencies. You should be aware that past performance is no guarantee of future performance.
The Funds investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
Amongst 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 order to reduce the adverse environmental impact of the Fund’s portfolio, J O Hambro Capital Management Limited (“Investment Manager”) seeks to avoid investment in sectors that contribute to climate change. In addition, it seeks to avoid companies which undermine a cohesive and fair society.
In addition to considering key ESG performance indicators, the Fund applies exclusions to the selection of underlying assets to support the avoidance of harms. The Investment Manager excludes investments in any companies which derive 30% or more of their revenue from:
• thermal coal mining;
• fossil fuel-based power generation; or
• oil and gas (both conventional and unconventional) extraction and production.
These selection criteria may not be disapplied or overridden by the Investment Manager.
The team recognises that ESG factors can create risks and opportunities for companies and look for companies who may benefit from this by incorporating ESG factors into valuation and construction.
In order to measure and monitor the environmental characteristics of the Fund, the Investment Manager will review the carbon footprint of the portfolio and environmental data published by its investee companies. For the social characteristics of the Fund, the Investment Manager will review whether investee companies have implemented appropriate policies and structures to support sustainable business practices.
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 TOPIX 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 our exclusionary screens, the Investment Manager utilises 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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