JOHCM International Opportunities Fund
Data updated: 2021-08-27
C000173291 — JOHCM International Opportunities Fund. Emerging Markets Growth Equity · $3.69M AUM. Holdings, fees, performance and SEC filings.
C000173291 Fund Overview
JOHCM International Opportunities Fund is a US mutual fund managed by Advisers Investment Trust, categorised as Emerging Markets Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advisers Investment Trust
- Category: Emerging Markets Growth Equity
- Assets under management: $3.69M
- 1-year return: 27.2%
- SEC CIK: 0001516523
- SEC series ID: S000055084
- Share class ID: C000173291
C000173291 Investment Objective and Strategy
JOHCM International Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisers Investment Trust.
Investment objective
The investment objective of the JOHCM International Opportunities Fund (the “Fund”) is to achieve long-term total return by investing in a concentrated portfolio of international equity securities.
Principal investment strategy
The Fund invests, under normal market conditions, primarily in equity securities of companies headquartered outside the United States, including those in emerging market countries. Shareholders will be given 60 days advance notice of any change to this policy. The Fund may invest in foreign companies of any size, including small and mid-capitalization companies, in order to achieve its objective. Equity securities include common and preferred stocks, rights and warrants. The Fund may also invest in equity related instruments, such as equity linked notes and participation notes, all of which derive their value from equities. Equity linked notes and participation notes will be securitized, freely transferable and the Fund will not be leveraged as a result of investing in them. The Adviser aims to achieve above-average risk-adjusted equity returns, over the medium term period of three to five years.
The Adviser believes this is best achieved by investing in a concentrated, benchmark agnostic portfolio of attractively valued high quality companies. Such companies have long term competitive advantages which allow intrinsic value to be estimated with confidence on the basis of their long term cash flows. The Adviser prioritizes companies that are able to reliably generate cash flow and reinvest it at high marginal returns in order to grow their intrinsic value. As a result they become more valuable over time. A key risk to any investor is permanent impairment of capital. This is usually a result of holding overvalued assets. Therefore, the Adviser maintains a strict valuation discipline to make sure assets are only bought when they are attractively valued, in absolute terms, with reference to their intrinsic value.
At the same time, overvalued shares in the portfolio are identified and sold. This requires an ability to sell to cash, without necessarily having anything to buy with the proceeds.
C000173291 Performance
Total returns for C000173291 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 27.2% |
| 3 years (annualised) | 10.6% |
C000173291 Risk Information
Risk metrics for C000173291, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.5%
C000173291 Costs and Fees
C000173291 costs about $89 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.89%
- Gross expense ratio: 9.42%
- Portfolio turnover: 65%
- Brokerage commissions: 5.57 bps of average net assets (SEC N-CEN)
C000173291 Cashflows
Over the 12 months to 2021-06, JOHCM International Opportunities Fund had net inflows of $831.45K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-06 | $0 |
| 2021-05 | $25.00K |
| 2021-04 | $0 |
| 2021-03 | $15.00K |
| 2021-02 | $29.47K |
| 2021-01 | $0 |
C000173291 Debt Constituents
No individual debt constituents are reported in JOHCM International Opportunities Fund's latest SEC N-PORT filing.
C000173291 Prospectus and SEC Filings
Official JOHCM International Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-01-27
- Prospectus (485BPOS) — filed 2020-02-07
- Prospectus supplement (497) — filed 2021-05-03
- Portfolio holdings (N-PORT) — filed 2021-08-27
- Portfolio holdings (N-PORT) — filed 2021-05-14
- Portfolio holdings (N-PORT) — filed 2021-02-25
- Annual census (N-CEN) — filed 2020-12-11
- Annual census (N-CEN) — filed 2019-12-09
Related Funds
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.