Hardman Johnston International Growth Fund
Fund
HJIRX
Price as of:
$11.88
- $0.03
- 0.25%
Primary Theme
fund company
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.3%
1 yr return
4.0%
3 Yr Avg Return
-6.4%
5 Yr Avg Return
4.4%
Net Assets
$50.6 M
Holdings in Top 10
53.4%
52 WEEK LOW AND HIGH
$11.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 2.07%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 46.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
$3,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
HJIRX - Profile
Distributions
- YTD Total Return 4.3%
- 3 Yr Annualized Total Return -6.4%
- 5 Yr Annualized Total Return 4.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.75%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHardman Johnston International Growth Fund
-
Fund Family NameDakota Funds
-
Inception DateFeb 14, 2018
-
Shares Outstanding52879
-
Share ClassIndividual
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCassandra Hardman
Fund Description
The Fund seeks to achieve its investment objective by investing primarily in a select portfolio of equity securities of established companies that are domiciled in various countries throughout the world, excluding the U.S. The Fund typically invests in securities of issuers from at least six or more non-U.S. countries and at least eight industries. The Fund holds a maximum of 25% of its net assets of companies in any single industry. The Fund generally maintains a focused portfolio of approximately 20 to 30 holdings. To mitigate risk, positions have a maximum weighting of 8.5% for any single security. The countries within the MSCI ACWI ex USA Index (the “Index”) in which the Fund will invest will be determined by the Fund’s sub-advisor, Hardman Johnston Global Advisors LLC (“Hardman Johnston” or the “Sub-Advisor”).
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, without regard to market capitalization. The Fund’s investments will generally consist of common stocks traded on a public securities exchange or market organized and regulated pursuant to the laws of the jurisdiction of such exchange. The Fund may also invest in American Depositary Receipts (“ADRs”) (including unsponsored ADRs), Global Depositary Receipts, (“GDRs”), European Depositary Receipts (“EDRs”), and International Depositary Receipts (“IDRs”).
The Fund may invest in securities of companies located or operating within developed markets, as well as emerging markets. Emerging markets are those countries (1) included in emerging market or equivalent classifications by the United Nations (and its agencies); (2) having per capita income in the low to middle ranges, as determined by the World Bank; or (3) designated by the Index. The Fund’s maximum exposure to emerging markets is expected to be 10% above the Index’s weight. The Fund may also invest in pre-emerging markets, also known as frontier markets.
HJIRX - Performance
Return Ranking - Trailing
| Period | HJIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.3% | -7.1% | 18.2% | 33.25% |
| 1 Yr | 4.0% | -4.7% | 28.5% | 78.59% |
| 3 Yr | -6.4%* | -20.5% | 8.6% | 80.16% |
| 5 Yr | 4.4%* | -3.6% | 12.4% | 72.59% |
| 10 Yr | N/A* | -1.0% | 9.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | HJIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.8% | -0.4% | 28.6% | 96.22% |
| 2022 | -23.8% | -49.5% | -13.3% | 25.51% |
| 2021 | 0.8% | -22.2% | 19.3% | 56.14% |
| 2020 | 32.3% | -4.9% | 85.0% | 13.42% |
| 2019 | 24.6% | -4.0% | 45.1% | 62.54% |
Total Return Ranking - Trailing
| Period | HJIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.3% | -7.1% | 18.2% | 33.25% |
| 1 Yr | 4.0% | -4.7% | 28.5% | 78.59% |
| 3 Yr | -6.4%* | -20.5% | 8.6% | 80.16% |
| 5 Yr | 4.4%* | -3.6% | 12.4% | 72.59% |
| 10 Yr | N/A* | -1.0% | 9.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | HJIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.8% | 1.8% | 28.6% | 98.24% |
| 2022 | -23.8% | -44.4% | -11.0% | 42.68% |
| 2021 | 1.9% | -20.6% | 20.5% | 83.03% |
| 2020 | 32.3% | -4.9% | 97.1% | 18.63% |
| 2019 | 24.6% | 0.5% | 45.3% | 92.45% |
NAV & Total Return History
HJIRX - Holdings
Concentration Analysis
| HJIRX | Category Low | Category High | HJIRX % Rank | |
|---|---|---|---|---|
| Net Assets | 50.6 M | 191 K | 137 B | 92.27% |
| Number of Holdings | 28 | 4 | 1730 | 96.26% |
| Net Assets in Top 10 | 26.3 M | 67.7 K | 34.8 B | 91.52% |
| Weighting of Top 10 | 53.39% | 11.2% | 100.2% | 5.49% |
Top 10 Holdings
- First American Government Obligations Fund 6.75%
- MercadoLibre Inc 6.18%
- Safran SA 5.52%
- Taiwan Semiconductor Manufacturing Co Ltd 5.37%
- Airbus SE 5.29%
- Deutsche Telekom AG 5.18%
- AstraZeneca PLC 4.94%
- Rheinmetall AG 4.86%
- ASML Holding NV 4.72%
- Prosus NV 4.57%
Asset Allocation
| Weighting | Return Low | Return High | HJIRX % Rank | |
|---|---|---|---|---|
| Stocks | 94.37% | 85.39% | 101.65% | 89.28% |
| Cash | 6.75% | 0.00% | 10.35% | 7.48% |
| Preferred Stocks | 0.00% | 0.00% | 4.57% | 36.16% |
| Other | 0.00% | -1.92% | 4.14% | 31.67% |
| Convertible Bonds | 0.00% | 0.00% | 2.45% | 10.00% |
| Bonds | 0.00% | 0.00% | 0.07% | 9.73% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | HJIRX % Rank | |
|---|---|---|---|---|
| Technology | 27.58% | 1.51% | 38.21% | 4.00% |
| Industrials | 24.72% | 0.68% | 31.28% | 6.00% |
| Healthcare | 18.72% | 1.36% | 29.58% | 15.50% |
| Consumer Cyclical | 15.88% | 0.00% | 46.28% | 22.25% |
| Financial Services | 9.38% | 0.00% | 38.62% | 80.75% |
| Communication Services | 3.73% | 0.00% | 41.13% | 55.50% |
| Utilities | 0.00% | 0.00% | 9.05% | 51.50% |
| Real Estate | 0.00% | 0.00% | 6.64% | 50.25% |
| Energy | 0.00% | 0.00% | 24.97% | 68.75% |
| Consumer Defense | 0.00% | 0.00% | 25.77% | 97.00% |
| Basic Materials | 0.00% | 0.00% | 23.15% | 92.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | HJIRX % Rank | |
|---|---|---|---|---|
| Non US | 73.16% | 0.00% | 101.44% | 71.07% |
| US | 21.20% | 0.00% | 100.16% | 28.93% |
HJIRX - Expenses
Operational Fees
| HJIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.07% | 0.01% | 13.07% | 10.28% |
| Management Fee | 1.00% | 0.00% | 1.50% | 94.76% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 16.13% |
| Administrative Fee | N/A | 0.03% | 0.80% | N/A |
Sales Fees
| HJIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| HJIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| HJIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 46.00% | 7.00% | 149.00% | 74.29% |
HJIRX - Distributions
Dividend Yield Analysis
| HJIRX | Category Low | Category High | HJIRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 12.84% | 78.50% |
Dividend Distribution Analysis
| HJIRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| HJIRX | Category Low | Category High | HJIRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.75% | -1.69% | 3.16% | 93.95% |
Capital Gain Distribution Analysis
| HJIRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
HJIRX - Fund Manager Analysis
Managers
Cassandra Hardman
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Cassandra joined Johnston Asset Management in 1997. Prior to joining the firm, she was a Managing Director and Principal at PCM International, Inc., an affiliate of Prudential Insurance Company of America. Cassandra has spent her entire career focused on the international equity markets, and managed separate and commingled pension accounts totaling almost $1 billion. Cassandra has a BA in Economics and an MBA in Finance from Rutgers University. She is a Chartered Financial Analyst and a member of the CFA Institute, the International Analysts Society and the New York Society of Security Analysts. Cassandra has been in the investment management business for more than 25 years. Cassandras volunteer experience includes serving as Treasurer of the foundation supporting her local hospital, and as Chair of the Endowment and Finance Committees for her church.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 26.94 | 7.66 | 20.01 |