Morningstar Fund Report  | 11/04/2025Print

Regnan Global Equity Impact Solutions A GBP Accumulating

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Regnan Global Equity Impact Solutions A GBP Accumulating
Fund6.0-15.011.4-21.1-8.7
+/-Cat-9.0-5.22.0-30.0-5.5
+/-B’mrk-13.0-7.0-3.2-39.4-4.2
 
Category: Global Flex-Cap Equity
Category Benchmark: Morningstar Global All Cap ...
Key Stats
NAV
10/04/2025		 GBP 0.78
Day Change 4.85%
Morningstar Category™ Global Flex-Cap Equity
IA (formerly IMA) Sector Global
ISIN GB00BMCZDD05
Fund Size (Mil)
29/11/2024		 GBP 75.70
Share Class Size (Mil)
09/04/2025		 GBP 15.16
Max Initial Charge -
Ongoing Charge
14/02/2025		  0.91%
Investment Objective: Regnan Global Equity Impact Solutions A GBP Accumulating
The Sub-fund aims to achieve capital growth in excess of the MSCI ACWI IMI Index (net of fees) over rolling 5 year periods by investing in companies with high revenue growth potential derived from the provision of solutions to underserved environmental and social challenges in the global economy. In order to achieve the investment objective, the Sub-fund will invest at least 80% of the portfolio in shares of companies quoted and/or traded on Regulated Markets worldwide and which aim to generate (a) positive, measurable social and/or environmental impact when assessed against the taxonomy developed by the Investment Manager relating to sustainable development goals (the “Regnan Taxonomy”); and (b) financial returns. It is anticipated that the Sub-fund’s portfolio will comprise fewer than fifty holdings.
Returns
Trailing Returns (GBP)10/04/2025
YTD-12.21
3 Years Annualised-9.62
5 Years Annualised-
10 Years Annualised-
12 Month Yield 0.40
Management
Manager Name
Start Date
Tim Crockford
27/10/2020
Inception Date
27/10/2020

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI IMI NR LCLMorningstar Global All Cap TME NR USD
Portfolio Profile for  Regnan Global Equity Impact Solutions A GBP Accumulating28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.600.0097.60
Bond0.130.000.13
Property0.000.000.00
Cash1.860.001.86
Other0.420.010.41
Top 5 Regions%
United States57.02
Eurozone14.41
Europe - ex Euro12.76
Canada8.27
Latin America2.40
Top 5 Sectors%
Industrials39.72
Healthcare27.97
Technology19.52
Basic Materials5.32
Real Estate3.63
Top 5 HoldingsSector%
Xylem IncIndustrialsIndustrials5.30
Ecolab IncBasic MaterialsBasic Materials5.19
Lonza Group LtdHealthcareHealthcare4.72
Stantec IncIndustrialsIndustrials4.57
Verisk Analytics IncIndustrialsIndustrials4.24
Increase Decrease New since last portfolio
Regnan Global Equity Impact Solutions A GBP Accumulating
Growth Of 1000 (GBP) 31/03/2025
Fund:  Regnan Global Equity Impact Solutions A GBP Accumulating
Category:  Global Flex-Cap Equity
Category Index:  Morningstar Global All Cap TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 202120222023202431/03
Price Return6.00-15.0311.43-21.08-8.68
+/- Category-9.03-5.221.96-29.97-5.46
+/- Category Index-13.00-6.98-3.21-39.39-4.17
% Rank in Category88653410091
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day4.85   5.39-0.63
1 Week-1.71   6.262.96
1 Month-8.02   2.53-1.47
3 Months-14.25   -1.78-3.88
6 Months-18.81   -8.98-13.72
YTD-12.21   -1.58-3.83
1 Year-30.47   -22.29-31.02
3 Years Annualised-9.62   -9.90-15.22
5 Years Annualised-   --
10 Years Annualised-   --
 
Category: Global Flex-Cap Equity
Category Index: Morningstar Global All Cap TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-8.68---
20243.21-14.72-3.21-7.36
20230.104.17-4.7112.14
2022-9.12-13.013.214.14
2021-4.306.741.582.16
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowAbove Average1 star
5-Year--Not Rated
10-Year--Not Rated
OverallLowAbove Average1 star
 
Category :  Global Flex-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev17.56 %
3-Yr Mean Return-7.74 %
 
3-Yr Sharpe Ratio-0.68
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Global All Cap TME NR USD  Red Rocks Gbl Listed Private Eqty TR USD
3-Yr Beta1.170.76
3-Yr Alpha-15.72-15.64
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 7588-
Market Capitalisation% of Equity
Giant0.99
Large14.46
Medium41.43
Small42.91
Micro0.21
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings22.431.29
Price/Book3.511.47
Price/Sales2.521.33
Price/Cash Flow19.051.82
Dividend-Yield Factor1.190.65
 
Long-Term Projected Earnings Growth14.091.29
Historical Earnings Growth13.972.69
Sales Growth8.352.75
Cash-Flow Growth31.464.31
Book-Value Growth8.481.50
 
Category: Global Flex-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.600.0097.60
Bond0.130.000.13
Property0.000.000.00
Cash1.860.001.86
Other0.420.010.41
World Regions28/02/2025
 % of EquityRelative to Category
United States57.020.97
Canada8.272.88
Latin America2.401.73
United Kingdom1.700.25
Eurozone14.411.26
Europe - ex Euro12.761.52
Europe - Emerging0.000.00
Africa0.160.40
Middle East0.000.00
Japan2.320.55
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.970.37
 
Category: Global Flex-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials5.321.25
Consumer CyclicalConsumer Cyclical0.240.02
Financial ServicesFinancial Services1.080.09
Real EstateReal Estate3.631.34
Consumer DefensiveConsumer Defensive2.510.44
HealthcareHealthcare27.972.16
IndustrialsIndustrials39.722.47
TechnologyTechnology19.520.78
 
Category: Global Flex-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings35
Total Number of Bond Holdings0
Assets in Top 10 Holdings44.21
NameSectorCountry% of Assets
Xylem Inc310United States5.30
Ecolab Inc101United States5.19
Lonza Group Ltd206Switzerland4.72
Stantec Inc310Canada4.57
Verisk Analytics Inc310United States4.24
Itron Inc311United States4.20
Ansys Inc311United States4.14
Masimo Corp206United States4.04
Sartorius Stedim Biotech SA206France3.93
Badger Meter Inc311United States3.86
 
Increase Decrease New since last portfolio
Category: Global Flex-Cap Equity
 
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 Date27/10/2020
Fund Advisor(s)
J O Hambro Capital Management Limited
Fund ManagerTim Crockford
Manager Start Date27/10/2020
 
Biography
Tim Crockford leads the Regnan Global Impact team. He previously managed the Hermes Impact Opportunities Equity Fund from its launch in December 2017, having co-founded the Hermes Impact team in 2016. Tim joined Hermes Investment Management in 2009 as a research analyst for the European Equities team and became lead portfolio manager of the ESG-integrated Hermes Europe ex-UK Equity Fund in 2015, which he also managed until he left Hermes. Prior to joining Hermes, Tim was an analyst at Sourcecap International, a European equity fund boutique, which Hermes acquired in 2009. Before that he was a primary research analyst at Execution Limited (which seeded Sourcecap), where he worked on major projects in the consumer, retail and financial services sectors. Tim was raised and educated in Malta and graduated from the University of Malta in 2006 with a Bachelor of Accountancy (Hons) degree, as well as a Bachelor of Commerce degree.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.67%
Ongoing Charge0.91%
Purchase Details
Minimum Investments
Initial1000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsNo