Morningstar Fund Report  | 03/04/2025Print

J O Hambro Capital Management UK Equity Income Y GBP Inc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
J O Hambro Capital Management UK Equity Income Y GBP Inc
Fund24.9-0.86.120.1-1.5
+/-Cat7.12.7-0.612.0-2.3
+/-B’mrk---1.510.3-6.6
 
Category: UK Equity Income
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
02/04/2025		 GBP 1.38
Day Change -0.86%
Morningstar Category™ UK Equity Income
IA (formerly IMA) Sector UK Equity Income
ISIN GB00B95FCK64
Fund Size (Mil)
29/11/2024		 GBP 1767.35
Share Class Size (Mil)
02/04/2025		 GBP 553.54
Max Initial Charge -
Ongoing Charge
07/03/2025		  0.67%
Morningstar Research
Analyst Report15/01/2025
Michael Born, Analyst
Morningstar, Inc

JOHCM UK Equity Income benefits from a long-established and successful management partnership, as well as a distinguished and disciplined process, earning a Morningstar Analyst Rating of Silver for all share classes. Clive Beagles and James...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People25
Parent24
Process24
Performance
Price
Investment Objective: J O Hambro Capital Management UK Equity Income Y GBP Inc
The Sub-fund’s investment objective is to generate a level of income which increases year on year as well as the potential to grow the amount invested over a rolling period of seven to ten years. The Sub-fund’s target is to have a return greater than the FTSE All-Share Total Return index (12pm adjusted), which is used in the calculation of performance fees. At least 90% of the Sub-fund is invested in the shares of companies which are listed on the London Stock Exchange (or other UK exchanges). These will include large, medium and small-sized companies. The Sub-fund is not expected to invest more than 25% in the shares of smaller companies, which are widely viewed as being riskier than shares in larger companies. Investing in shares of smaller companies enables the Sub-fund to find dividend income in a broader set of companies and, in the opinion of the fund managers, differentiates the Sub-fund from other similar funds.
Returns
Trailing Returns (GBP)02/04/2025
YTD-2.10
3 Years Annualised7.07
5 Years Annualised16.21
10 Years Annualised5.99
12 Month Yield 5.03
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
James Lowen
30/11/2004
Clive Beagles
30/11/2004
Inception Date
04/01/2013

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  J O Hambro Capital Management UK Equity Income Y GBP Inc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.370.0099.37
Bond0.000.000.00
Property0.000.000.00
Cash0.630.000.63
Other0.000.000.00
Top 5 Regions%
United Kingdom93.55
Europe - ex Euro3.17
United States2.33
Asia - Emerging0.95
Canada0.00
Top 5 Sectors%
Financial Services37.97
Industrials18.72
Basic Materials11.18
Energy7.80
Communication Services7.31
Top 5 HoldingsSector%
BP PLCEnergyEnergy5.66
Barclays PLCFinancial ServicesFinancial Services4.64
Lloyds Banking Group PLCFinancial ServicesFinancial Services4.21
HSBC Holdings PLCFinancial ServicesFinancial Services4.09
Standard Chartered PLCFinancial ServicesFinancial Services3.83
Increase Decrease New since last portfolio
J O Hambro Capital Management UK Equity Income Y GBP Inc
Growth Of 1000 (GBP) 31/03/2025
Fund:  J O Hambro Capital Management UK Equity Income Y GBP Inc
Category:  UK Equity Income
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-12.9720.01-15.5624.92-0.786.1420.13-1.46
+/- Category-2.411.06-3.017.112.66-0.6212.05-2.32
+/- Category Index------1.4910.31-6.62
% Rank in Category745080104569278
Trailing Returns (GBP)02/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.86   -1.58-1.48
1 Week-4.16   -2.96-3.88
1 Month-3.83   -1.96-2.34
3 Months-1.85   -3.26-7.65
6 Months0.08   0.19-5.23
YTD-2.10   -3.52-7.91
1 Year10.70   3.75-1.65
3 Years Annualised7.07   2.17-0.58
5 Years Annualised16.21   4.903.23
10 Years Annualised5.99   1.27-0.09
 
Category: UK Equity Income
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-1.46---
20245.556.385.421.49
20231.07-3.235.712.66
20220.65-8.04-5.2013.08
202112.933.803.922.55
2020-36.4810.74-8.7431.54
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageHigh3 star
5-YearHighHigh3 star
10-YearAbove AverageHigh3 star
OverallAbove AverageHigh3 star
 
Category :  UK Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev15.79 %
3-Yr Mean Return8.71 %
 
3-Yr Sharpe Ratio0.28
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  FTSE AllSh TR GBP
3-Yr Beta1.271.30
3-Yr Alpha-0.61-0.31
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 4607-
Market Capitalisation% of Equity
Giant9.81
Large30.77
Medium16.29
Small26.72
Micro16.41
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings9.170.79
Price/Book1.060.65
Price/Sales0.430.55
Price/Cash Flow4.110.56
Dividend-Yield Factor6.121.38
 
Long-Term Projected Earnings Growth10.341.15
Historical Earnings Growth-4.750.99
Sales Growth4.970.98
Cash-Flow Growth3.804.74
Book-Value Growth1.250.67
 
Category: UK Equity Income
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.370.0099.37
Bond0.000.000.00
Property0.000.000.00
Cash0.630.000.63
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States2.330.91
Canada0.000.00
Latin America0.000.00
United Kingdom93.551.02
Eurozone0.000.00
Europe - ex Euro3.172.45
Europe - Emerging0.00-
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.9512.61
 
Category: UK Equity Income
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials11.181.85
Consumer CyclicalConsumer Cyclical6.300.64
Financial ServicesFinancial Services37.971.51
Real EstateReal Estate5.311.52
Consumer DefensiveConsumer Defensive1.150.09
UtilitiesUtilities3.650.78
Communication ServicesCommunication Services7.311.19
EnergyEnergy7.801.07
IndustrialsIndustrials18.721.40
TechnologyTechnology0.610.26
 
Category: UK Equity Income
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings58
Total Number of Bond Holdings0
Assets in Top 10 Holdings38.40
NameSectorCountry% of Assets
BP PLC309United Kingdom5.66
Barclays PLC103United Kingdom4.64
Lloyds Banking Group PLC103United Kingdom4.21
HSBC Holdings PLC103United Kingdom4.09
Standard Chartered PLC103United Kingdom3.83
Aviva PLC103United Kingdom3.66
Glencore PLC101Switzerland3.15
Legal & General Group PLC103United Kingdom3.14
Phoenix Group Holdings PLC103United Kingdom3.13
ITV PLC308United Kingdom2.91
 
Increase Decrease New since last portfolio
Category: UK Equity Income
 
Management
Name of CompanyJOHCM Funds (UK) Limited
Phone-
Website -
AddressThird Floor,1 St James’s Market
 London   SW1Y 4AH
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date04/01/2013
Fund Advisor(s)
J O Hambro Capital Management Limited
Fund ManagerJames Lowen
Manager Start Date30/11/2004
 
Biography
James is a qualified Chartered Accountant and joined Newton Investment Management in 1998 as a member of their Research Department. James holds a first class degree in Economics from the University of Exeter and is an associate member of the Institute of Investment Management and Research.
Fund ManagerClive Beagles
Manager Start Date30/11/2004
Career Start Year1993
 
Biography
Clive joined the Group in September 2004 with over 15 years’ fund management experience. Prior to joining JOHCM he was Investment Leader UK Equities at Newton Investment Management and managed the successful Newton Higher Income Fund for three years. While managing the Newton Higher Income Fund, Clive was awarded a AAA by Citywire. Whilst Clive managed the fund, it outperformed the FTSE All Share index by 19.5% (Source: Lipper; from 01/07/01 to 24/03/04). His JOHCM UK Equity Income Fund is AA rated by Forsyth-OBSR and A rated by Standard & Poor’s.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.55%
Ongoing Charge0.67%
Purchase Details
Minimum Investments
Initial50000000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes