JOISX — JOHCM International Small Cap Equity Fund
Data updated: 2021-08-27
JOISX — JOHCM International Small Cap Equity Fund. Developed ex-US Small Cap Blend / Core Equity · $38.21M AUM. Holdings, fees, performance and SEC filings.
JOISX Fund Overview
JOISX — JOHCM International Small Cap Equity Fund is a US mutual fund managed by Advisers Investment Trust, categorised as Developed ex-US Small Cap Blend / Core 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: Developed ex-US Small Cap Blend / Core Equity
- Assets under management: $38.21M
- 1-year return: 40.1%
- Ticker: JOISX
- SEC CIK: 0001516523
- SEC series ID: S000042241
- Share class ID: C000131104
JOISX Investment Objective and Strategy
JOHCM International Small Cap Equity 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 Small Cap Equity Fund is to seek long-term capital appreciation.
Principal investment strategy
The Fund invests at least 80% of its assets in equity securities such as common stocks, preferred stock, rights and warrants issued by small companies that are based outside the United States, including companies in emerging and frontier as well as in developed markets. Shareholders will be given 60 days advance notice of any change to this policy. The Fund may invest in securities convertible into such securities (including Depositary Receipts), and investment companies that invest in the types of securities in which the Fund would normally invest. The Fund may also invest up to 20% of the value of its assets in fixed income securities. Under normal circumstances, the Fund will hold 70-80 investments across 12 countries. Small cap companies are defined as companies with market capitalizations at the time of purchase below $2 billion or in the range of those market capitalizations of companies included in the MSCI Small Cap Index at the time of purchase.
The capitalization range of the MSCI Small Cap Index is between $12.9 million and $8.05 billion as of December 31, 2017. The size of the companies included in the MSCI Small Cap Index will change with market conditions. Factors bearing on whether a company is considered to be based outside the United States may include: (1) it is legally domiciled outside the United States; (2) it conducts at least 50% of its business, as measured by the location of its sales, earnings, assets, or production, outside the United States; or (3) it has the principal exchange listing for its securities outside the United States. The Fund also may invest in securities of small U.S. companies that derive, or are expected to derive, a significant portion of their revenues from their foreign operations, although under normal circumstances not more than 15% of the Funds total assets will be invested in securities of U.S.
companies. If the Fund continues to hold securities of small companies whose market capitalization, subsequent to purchase, grows to exceed US$2 billion, it may continue to treat them as small companies for the purposes of the 80% requirement. However, the Fund will generally initiate the sale of securities whose market capitalization grows to exceed US$5 billion.
JOISX Performance
Total returns for JOISX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 40.1% |
| 3 years (annualised) | 12.6% |
JOISX Risk Information
Risk metrics for JOISX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.3%
JOISX Costs and Fees
JOISX costs about $131 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.31%
- Gross expense ratio: 1.31%
- Portfolio turnover: 25%
- Brokerage commissions: 3.36 bps of average net assets (SEC N-CEN)
JOISX Cashflows
Over the 12 months to 2021-06, JOHCM International Small Cap Equity Fund had net inflows of $215.61M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-06 | $33.28M |
| 2021-05 | $1.42M |
| 2021-04 | $2.80M |
| 2021-03 | $146.13M |
| 2021-02 | $2.36M |
| 2021-01 | $3.96M |
JOISX Debt Constituents
No individual debt constituents are reported in JOHCM International Small Cap Equity Fund's latest SEC N-PORT filing.
JOISX Prospectus and SEC Filings
Official JOHCM International Small Cap Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-01-27
- Prospectus (485BPOS) — filed 2020-02-07
- Prospectus (485BPOS) — filed 2019-02-08
- 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
Other Developed ex-US Small Cap Blend / Core Equity funds tracked on ABC INVEST:
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.