Hardman Johnston International Growth Fund Retail Shares (HJIRX)

Overview

The fund is an investment vehicle that aims to provide its investors with exposure to equity securities of established companies located outside of the United States. It operates with a strategic focus on diversification, both geographically and across industries, to mitigate risks and capitalize on international market opportunities. By setting a criterion to invest in issuers from at least six non-U.S. countries and across a minimum of eight industries, the fund positions itself to take advantage of global economic trends. It commits to allocating at least 80% of its net assets, plus any borrowings for investment purposes, to equity securities irrespective of the market capitalization of the companies it invests in. This approach underscores its objective to create a portfolio that is reflective of a wide array of growth opportunities available worldwide, excluding the U.S. However, the fund is described as non-diversified, suggesting that while it aims for a broad geographical and sectoral reach, it may still concentrate its investments in a relatively small number of holdings compared to diversified funds.

Products and Services

The main offerings can be detailed as follows:

• Equity Securities Investment - The core service of the fund involves investing in equity securities, such as stocks, of established companies domiciled outside of the United States. This includes companies that are publically traded on stock exchanges in their respective countries and operate within various sectors, providing potential growth and value enhancement for the fund's portfolio.
• Geographical Diversification - A significant aspect of the fund's investment strategy is its commitment to geographical diversification. By mandating investments in securities of issuers from at least six different non-U.S. countries, the fund aims to reduce the potential risk stemming from volatility in any single market or region. This strategy is intended to leverage opportunities across a broader international spectrum.
• Industry Diversification - In parallel to geographical diversification, the fund also diversifies across at least eight industries. This approach ensures that the fund's investments are spread across a wide range of sectors, from technology and healthcare to energy and finance, among others. Industry diversification is designed to mitigate the risks associated with sector-specific downturns, thereby potentially stabilizing returns.
• Flexible Market Capitalization Investment - Unlike many investment funds that focus on companies of specific sizes, this fund operates without regard to the market capitalization of the equity securities in which it invests. This strategy allows the fund to explore investment opportunities across large-cap, mid-cap, and small-cap companies, aiming to identify growth potential wherever it may be found, regardless of a company's size.