Morningstar Fund Report  | 13/04/2025Print

JO Hambro Capital Management Asia ex-Japan Fund A Sterling

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
JO Hambro Capital Management Asia ex-Japan Fund A Sterling
Fund2.2-12.5-6.419.2-4.5
+/-Cat5.1-1.2-2.28.1-2.4
+/-B’mrk5.2-4.6-7.46.9-3.0
 
Category: Asia ex-Japan Equity
Category Benchmark: Morningstar Asia xJpn TME N...
Key Stats
NAV
11/04/2025		 GBP 2.35
Day Change -0.68%
Morningstar Category™ Asia ex-Japan Equity
IA (formerly IMA) Sector Asia Pacific Excluding Japan
ISIN IE00B3RQ2721
Fund Size (Mil)
11/04/2025		 GBP 14.06
Share Class Size (Mil)
11/04/2025		 GBP 2.33
Max Initial Charge 5.00%
Ongoing Charge
07/03/2025		  1.50%
Investment Objective: JO Hambro Capital Management Asia ex-Japan Fund A Sterling
The investment objective of the Fund is to achieve long-term capital appreciation through investment, both direct and indirect, in a diversified portfolio of Asia ex-Japan equity securities. The Fund aims to achieve its investment objective primarily through investment in equity securities of companies domiciled or exercising the predominant part of their economic activities in Asia ex-Japan. The investment process is focussed on identifying and owning Quality, Long-term Sustainable Growth (QLSG) companies; meaning businesses which can sustainably grow over economic and liquidity cycles. The Fund will generally invest in stocks of companies from the consumer, telecoms, infrastructure, internet or brand ownership sectors.
Returns
Trailing Returns (GBP)11/04/2025
YTD-11.68
3 Years Annualised-0.13
5 Years Annualised5.10
10 Years Annualised3.48
12 Month Yield 0.59
Dividend Paying Frequency Annually
Management
Manager Name
Start Date
Samir Mehta
30/09/2011
Inception Date
30/09/2011

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI AC Asia Ex Japan NR EURMorningstar Asia xJpn TME NR USD
Portfolio Profile for  JO Hambro Capital Management Asia ex-Japan Fund A Sterling31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.200.0096.20
Bond0.000.000.00
Property0.000.000.00
Cash3.800.003.80
Other0.000.000.00
Top 5 Regions%
Asia - Emerging61.30
Asia - Developed34.01
Eurozone4.69
United States0.00
Canada0.00
Top 5 Sectors%
Technology34.06
Consumer Cyclical21.01
Financial Services17.96
Communication Services9.36
Healthcare8.23
Top 5 HoldingsSector%
Full Truck Alliance Co Ltd ADRTechnologyTechnology7.73
Haidilao International Holding LtdConsumer CyclicalConsumer Cyclical6.14
Hong Kong Exchanges and Clearing... Financial ServicesFinancial Services5.60
Samsung Electronics Co LtdTechnologyTechnology5.33
Classys IncHealthcareHealthcare5.17
Increase Decrease New since last portfolio
JO Hambro Capital Management Asia ex-Japan Fund A Sterling
Growth Of 1000 (GBP) 31/03/2025
Fund:  JO Hambro Capital Management Asia ex-Japan Fund A Sterling
Category:  Asia ex-Japan Equity
Category Index:  Morningstar Asia xJpn TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-18.3413.7936.022.17-12.46-6.3719.19-4.55
+/- Category-6.38-0.9313.205.08-1.23-2.168.06-2.35
+/- Category Index-11.420.3015.435.19-4.64-7.376.91-2.95
% Rank in Category935314195771588
Trailing Returns (GBP)11/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.68   -0.89-1.52
1 Week-2.41   2.043.58
1 Month-8.45   -0.50-1.03
3 Months-11.14   -2.20-2.87
6 Months-10.98   0.010.06
YTD-11.68   -2.66-3.59
1 Year-4.28   0.01-2.00
3 Years Annualised-0.13   1.49-0.96
5 Years Annualised5.10   2.100.39
10 Years Annualised3.48   -0.09-1.06
 
Category: Asia ex-Japan Equity
Category Index: Morningstar Asia xJpn TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-4.55---
20247.718.220.611.63
20230.45-6.750.61-0.65
2022-11.920.82-1.26-0.16
20212.287.62-3.04-4.27
2020-10.1120.0312.5212.03
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageLow4 star
5-YearAbove AverageBelow Average4 star
10-YearAverageLow3 star
OverallAbove AverageLow4 star
 
Category :  Asia ex-Japan EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev14.02 %
3-Yr Mean Return2.91 %
 
3-Yr Sharpe Ratio-0.08
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Asia xJpn TME NR USD  Morningstar Asia xJpn TME GR USD
3-Yr Beta0.840.84
3-Yr Alpha-1.00-1.29
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 21912-
Market Capitalisation% of Equity
Giant56.69
Large30.20
Medium12.24
Small0.87
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings17.991.37
Price/Book3.021.72
Price/Sales2.241.28
Price/Cash Flow10.321.50
Dividend-Yield Factor4.031.64
 
Long-Term Projected Earnings Growth10.701.02
Historical Earnings Growth19.853.36
Sales Growth6.731.47
Cash-Flow Growth8.150.82
Book-Value Growth6.390.87
 
Category: Asia ex-Japan Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock96.200.0096.20
Bond0.000.000.00
Property0.000.000.00
Cash3.800.003.80
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States0.000.00
Canada0.000.00
Latin America0.000.00
United Kingdom0.000.00
Eurozone4.6953.62
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa0.00-
Middle East0.00-
Japan0.000.00
Australasia0.000.00
Asia - Developed34.010.89
Asia - Emerging61.301.05
 
Category: Asia ex-Japan Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials0.030.01
Consumer CyclicalConsumer Cyclical21.011.11
Financial ServicesFinancial Services17.960.82
Consumer DefensiveConsumer Defensive2.820.85
HealthcareHealthcare8.232.88
Communication ServicesCommunication Services9.360.84
EnergyEnergy3.111.76
IndustrialsIndustrials3.420.54
TechnologyTechnology34.061.24
 
Category: Asia ex-Japan Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings35
Total Number of Bond Holdings0
Assets in Top 10 Holdings52.70
NameSectorCountry% of Assets
Full Truck Alliance Co Ltd ADR311China7.73
Haidilao International Holding Ltd102China6.14
Hong Kong Exchanges and Clearing Ltd103Hong Kong5.60
Samsung Electronics Co Ltd311Korea, Republic Of5.33
Classys Inc206Korea, Republic Of5.17
PB Fintech Ltd103India4.93
Prada SpA102Italy4.51
Tencent Music Entertainment Group ADR308China4.50
Tencent Holdings Ltd308China4.50
DiDi Global Inc ADR311China4.29
 
Increase Decrease New since last portfolio
Category: Asia ex-Japan Equity
 
Management
Name of CompanyJOHCM Funds (Ireland) Limited
Phone-
Website -
AddressRiverside One Sir John Rogerson’s Quay
 Dublin 2   -
 Ireland
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date30/09/2011
Fund Advisor(s)
J O Hambro Capital Management Limited
Fund ManagerSamir Mehta
Manager Start Date30/09/2011
Career Start Year1990
Education
Bombay University, B.A./B.S.
 
Biography
Samir manages our Asian Share Fund, an actively managed portfolio of Asian shares excluding Japan and Australia. Prior to joining J O Hambro, Samir was a Partner and Chief Investment Officer at Silver Metis Capital Management and Chief Investment Officer of Lloyd George Management, where he was responsible for investment processes, a range of institutional Asia Pacific mandates and a team of 20 investment professionals. His formative years were spent as an analyst specialising in India at Peregrine Securities and ANZ Grindlays Bank. Samir is a CFA charterholder and holds a BCom from Bombay University.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.90%
Ongoing Charge1.50%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes