J O Hambro Capital Management UK Opportunities Fund Class B GBP Acc
J O Hambro Capital Management UK Umbrella Fund (Open Ended Investment Company domiciled in United Kingdom)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

The Fund’s investment objective is to achieve capital growth over a rolling seven to ten year period as well as providing income. The Fund’s target is to have a return greater than the FTSE All-Share T otal Return Index (12pm adjusted), which is used in the calculation of performance fees. The Fund will aim to achieve this objective through investing at least two thirds of the Fund in the shares of companies which are domiciled, incorporated or have a significant portion of their business in the UK. Up to 10% of the Fund may be invested in the shares of non-UK listed companies. Up to one third of the Fund may be held in cash, money market instruments, deposits, warrants and units in other collective investment schemes. The Fund will invest in a concentrated portfolio of 20-40 companies. The fund managers aim to identify companies which meet their strict criteria of quality and valuation. Quality is assessed through many measures, including analysis of company’s financial statements, how management are allocating capital, whether levels of debt are suitable for the business model and how cash flows will be maintained and grown in the future. A good company needs to come at the right price and the fund managers look to buy companies below the value of their long-term cash flows. Periods may arise when the fund managers do not identify sufficient companies that meet their quality and valuation criteria, and as a consequence the amount of cash held by the Fund could increase towards the maximum holding of one third of the Fund. In those circumstances, the proportion of the Fund which is invested in companies that are domiciled, incorporated or have a significant portion of their business in the UK could fall to below two thirds of the Fund. The fund managers expect that at all times two thirds of the Fund will be invested in companies listed on the London Stock Exchange. The fund managers engage with the management of the companies in which the Fund invests to encourage capital allocation and governance policies which are sustainable for the company’s business, its customers, suppliers and the industry and the environment in which it operates. Any income the Fund generates for this share class is accumulated. Performance of the Fund may be measured against the FTSE All-Share Total Return Index (the “Index”). The Index is used as a target benchmark for the Fund as the Performance Fee for the Fund is payable when the performance of the Fund exceeds that of the Index. The use of the Index does not limit the investment decisions of the fund managers so the shareholdings of the Fund may differ significantly from those of the Index. The Index is used as it is the broadest available index of shares listed on the London Stock Exchange, representing at least 98% of the market value of the shares listed. The Fund is actively managed which means that the fund managers use their expertise to pick investments to achieve the objective of the Fund.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 31/03/20202.35
Morningstar categoryUK Large-Cap Blend Equity
CurrencyGBP
Distribution statusAccumulating
ISINGB00B0LLB757
Inception Date30/11/2005
Minimum initial amount1,000.00 GBP
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.36% of which 0.50% is paid to MeDirect
Fund management company
AddressJOHCM Funds (UK) Limited Third Floor,1 St James’s Market London SW1Y 4AH United Kingdom
Manager NameMichael Ulrich
Manager Start Date31/12/2015
Total Net Assets (mil)368.50 GBP (29/02/2020)
UCITSYes
AdministratorRBC Investor Services Trust UK

Documents

Prospectus
en 07/08/2019
Annual Report
en 31/12/2018
Semi Annual Report
en 30/06/2018
Morningstar Report
01/04/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
The performance in euro can be lower or higher than the performance in the currency of denomination of the fund due to fluctuations in exchange rates.
Annualised performance in GBP
PeriodAnnualised returnDate
1 year-15.06%31/03/2020
3 years-3.79%31/03/2020
5 years1.06%31/03/2020
10 years5.69%31/03/2020
Since launch6.36%31/03/2020
Cumulative performance in GBP
Performance
YTD 01/01/2020-19.90%
1 month-11.84%
3 months-19.90%
6 months-18.00%
Quarterly Returns
Q 1Q 2Q 3Q 4
2020----
20196.07%2.39%1.17%2.38%
2018-5.10%7.55%0.04%-4.34%
20171.46%1.10%-0.15%0.26%
20163.11%3.10%5.60%1.17%
Dividend
Date ex dividendGross dividendPayment Date
02/01/20190.0928/02/2019
03/01/20170.0828/02/2017
04/01/20160.0729/02/2016
02/01/20150.0602/01/2015
02/01/20140.0628/02/2014
02/01/20130.0528/02/2013
04/01/20100.0428/02/2010

Asset Allocation
% Long% Short% Net Assets
Stock83.74%0.00%83.74%
Bond8.13%0.00%8.13%
Cash8.14%0.00%8.14%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
10.228.158.20
Sharpe Ratio
-0.100.070.37
Sortino Ratio
-0.130.090.54
Positive Months6.0019.0036.00
Negative Months5.0016.0023.00
Worst Month-7.22-7.22-7.22
World Regions
Region%
United Kingdom80.38
Canada3.35
Stock Sector Weighting
Sector% of Equity
Consumer Defensive24.66
Industrials11.43
Basic Materials11.06
Energy9.78
Consumer Cyclical6.48
Communication Services6.25
Financial Services5.69
Healthcare4.86
Utilities3.53
Top 10 Holdings
HoldingSectorCountry% of Assets
United Kingdom of Great Britain and Northern Ireland 0% United Kingdom5.42
Royal Dutch Shell PLC B EnergyUnited Kingdom4.86
Serco Group PLC IndustrialsUnited Kingdom3.55
National Grid PLC UtilitiesUnited Kingdom3.53
Johnson Matthey PLC Basic MaterialsUnited Kingdom3.44
Morrison (Wm) Supermarkets PLC Consumer DefensiveUnited Kingdom3.42
Barrick Gold Corp Basic MaterialsCanada3.35
Unilever PLC Consumer DefensiveUnited Kingdom3.29
Vodafone Group PLC Communication ServicesUnited Kingdom3.29
Smiths Group PLC IndustrialsUnited Kingdom3.21
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
£
2.35
Closing Price
All key information and documents must be reviewed before being able to Invest.