JOHCM International Select Fund

Perpetual Americas Funds Trust · 2 share classes

Actively managed developed international equity fund
One fund, 2 share classes:JOHIXJOHAX
$2.63B NAV
50 positions · as of 2026-06-30 · filed 2026-08-27

Fund classification

Classified from what the fund holds · as of 2026 Q2

JOHCM International Select Fund is an actively managed developed international equity fund.

Asset class
Equity
Region
Developed international
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q1

The investment objective of the JOHCM International Select Fund (the Fund) is to seek long-term capital appreciation.

Strategy · summarised

The fund invests primarily in equity securities of companies outside the United States across all market capitalizations and emerging markets, using a growth-at-a-reasonable-price approach that blends fundamental analysis of individual companies with top-down evaluation of country risk, sector trends, and currency factors to build a portfolio typically of 30 to 60 holdings. The fund seeks companies with strong earnings growth potential, high or rising returns on equity, and attractive valuations. Because the portfolio managers' stock selections drive returns, performance will diverge from any benchmark based on the success of those selections.

Expenses
0.95% 1.18%across 3 share classes
Share classGrossNetAs of
JOHIX0.96%0.95%2025 Q1
C0002247600.94%0.95%2025 Q1
JOHAX1.19%1.18%2025 Q1

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 92.83% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.16%
of net assets
Stocks97.83%
Cash & short-term1.33%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 9 new9 exited

Largest new: ASML HOLDING NV, BHP GROUP LTD, IBERDROLA SA, NESTE OYJ, SCHNEIDER ELECTRIC SE, JGC HOLDINGS CORP, SOLARIA ENERGIA Y MEDIO AMBIENTE SA, BE SEMICONDUCTOR INDUSTRIES NV

Largest exited: Centrica PLC, Roche Holding AG, National Grid PLC, UCB SA, Lundin Gold Inc, Unilever PLC, MTU Aero Engines AG, Rakuten Bank Ltd.

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+28.30%+47.20%17.68%-12.13%
+27.99%+46.20%17.70%-12.20%

These classes hold the same portfolio, so the 1.00pp spread over 3 years is the cost difference between them — roughly 0.33pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
ASML HOLDING NVASMLF4.66%$122.64M
ROLLS-ROYCE HOLDINGS PLCRYCEF2.69%$70.74M
BHP GROUP LTDBHPLF2.66%$70.01M
IBERDROLA SAIBDSF2.63%$69.08M
SIEMENS AGSMAWF2.58%$67.75M
UBS GROUP AGUBS2.50%$65.85M
ADVANTEST CORPADTTF2.46%$64.72M
BARCLAYS PLCBCLYF2.37%$62.25M
SIEMENS ENERGY AGSMEGF2.35%$61.83M
ARGENX SEARGNF2.33%$61.35M
Showing 10 of 50Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 27.22% of net assets, top 25 58.47%, across 50 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free