Shareholder Report
Mar. 31, 2025
USD ($)
Holding
Fund Expenses for the Last Six Months
(Based on a hypothetical $10,000 investment)
| Fund (Class) | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| JOHCM Emerging Markets Opportunities Fund (Advisor Shares) |
$56 | 1.13% |
Key Fund Statistics
The following table outlines key fund statistics that you should pay attention to.
| Fund net assets | $1,117,286,730 |
| Total number of portfolio holdings | 58 |
| Portfolio turnover rate as of the end of the reporting period | 9.28% |
Graphical Representation of Holdings
The tables below show the investment makeup of the Fund, excluding short-term investments, represented as a percentage of the total net assets of the Fund.
TOP TEN HOLDINGS
| Tencent Holdings Ltd. | 9.2% |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 7.6% |
| Meituan - Class B | 4.9% |
| Emaar Properties PJSC | 4.1% |
| Trip.com Group Ltd. | 4.0% |
| Hong Kong Exchanges & Clearing Ltd. | 3.1% |
| Itau Unibanco Holding S.A. - ADR | 2.9% |
| HDFC Bank Ltd. - ADR | 2.8% |
| Aldar Properties PJSC | 2.8% |
| Barrick Gold Corp. | 2.7% |
SECTOR ALLOCATION
GEOGRAPHICAL ALLOCATION
TOP TEN HOLDINGS
| Tencent Holdings Ltd. | 9.2% |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 7.6% |
| Meituan - Class B | 4.9% |
| Emaar Properties PJSC | 4.1% |
| Trip.com Group Ltd. | 4.0% |
| Hong Kong Exchanges & Clearing Ltd. | 3.1% |
| Itau Unibanco Holding S.A. - ADR | 2.9% |
| HDFC Bank Ltd. - ADR | 2.8% |
| Aldar Properties PJSC | 2.8% |
| Barrick Gold Corp. | 2.7% |
Fund Expenses for the Last Six Months
(Based on a hypothetical $10,000 investment)
| Fund (Class) | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| JOHCM Emerging Markets Opportunities Fund (Institutional Shares) |
$51 | 1.04% |
Key Fund Statistics
The following table outlines key fund statistics that you should pay attention to.
| Fund net assets | $1,117,286,730 |
| Total number of portfolio holdings | 58 |
| Portfolio turnover rate as of the end of the reporting period | 9.28% |
Graphical Representation of Holdings
The tables below show the investment makeup of the Fund, excluding short-term investments, represented as a percentage of the total net assets of the Fund.
TOP TEN HOLDINGS
| Tencent Holdings Ltd. | 9.2% |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 7.6% |
| Meituan - Class B | 4.9% |
| Emaar Properties PJSC | 4.1% |
| Trip.com Group Ltd. | 4.0% |
| Hong Kong Exchanges & Clearing Ltd. | 3.1% |
| Itau Unibanco Holding S.A. - ADR | 2.9% |
| HDFC Bank Ltd. - ADR | 2.8% |
| Aldar Properties PJSC | 2.8% |
| Barrick Gold Corp. | 2.7% |
SECTOR ALLOCATION
GEOGRAPHICAL ALLOCATION
TOP TEN HOLDINGS
| Tencent Holdings Ltd. | 9.2% |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 7.6% |
| Meituan - Class B | 4.9% |
| Emaar Properties PJSC | 4.1% |
| Trip.com Group Ltd. | 4.0% |
| Hong Kong Exchanges & Clearing Ltd. | 3.1% |
| Itau Unibanco Holding S.A. - ADR | 2.9% |
| HDFC Bank Ltd. - ADR | 2.8% |
| Aldar Properties PJSC | 2.8% |
| Barrick Gold Corp. | 2.7% |
Fund Expenses for the Last Six Months
(Based on a hypothetical $10,000 investment)
| Fund (Class) | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| JOHCM Emerging Markets Opportunities Fund (Investor Shares) |
$63 | 1.28% |
Key Fund Statistics
The following table outlines key fund statistics that you should pay attention to.
| Fund net assets | $1,117,286,730 |
| Total number of portfolio holdings | 58 |
| Portfolio turnover rate as of the end of the reporting period | 9.28% |
Graphical Representation of Holdings
The tables below show the investment makeup of the Fund, excluding short-term investments, represented as a percentage of the total net assets of the Fund.
TOP TEN HOLDINGS
| Tencent Holdings Ltd. | 9.2% |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 7.6% |
| Meituan - Class B | 4.9% |
| Emaar Properties PJSC | 4.1% |
| Trip.com Group Ltd. | 4.0% |
| Hong Kong Exchanges & Clearing Ltd. | 3.1% |
| Itau Unibanco Holding S.A. - ADR | 2.9% |
| HDFC Bank Ltd. - ADR | 2.8% |
| Aldar Properties PJSC | 2.8% |
| Barrick Gold Corp. | 2.7% |
SECTOR ALLOCATION
GEOGRAPHICAL ALLOCATION
TOP TEN HOLDINGS
| Tencent Holdings Ltd. | 9.2% |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 7.6% |
| Meituan - Class B | 4.9% |
| Emaar Properties PJSC | 4.1% |
| Trip.com Group Ltd. | 4.0% |
| Hong Kong Exchanges & Clearing Ltd. | 3.1% |
| Itau Unibanco Holding S.A. - ADR | 2.9% |
| HDFC Bank Ltd. - ADR | 2.8% |
| Aldar Properties PJSC | 2.8% |
| Barrick Gold Corp. | 2.7% |
This report describes changes to the Fund that occurred during the reporting period.
Fund Expenses for the Last Six Months
(Based on a hypothetical $10,000 investment)
| Fund (Class) | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| JOHCM Emerging Markets Discovery Fund (Advisor Shares) |
$63 | 1.34% |
Key Fund Statistics
The following table outlines key fund statistics that you should pay attention to.
| Fund net assets | $51,107,573 |
| Total number of portfolio holdings | 118 |
| Portfolio turnover rate as of the end of the reporting period | 65.47% |
Graphical Representation of Holdings
The tables below show the investment makeup of the Fund, excluding short-term investments, represented as a percentage of the total net assets of the Fund.
TOP TEN HOLDINGS
| Phoenix Mills (The) Ltd. | 2.1% |
| PharmaResearch Co. Ltd. | 2.0% |
| Narayana Hrudayalaya Ltd. | 2.0% |
| Arcadyan Technology Corp. | 1.7% |
| Varun Beverages Ltd. | 1.5% |
| Alior Bank S.A. | 1.4% |
| Mrs Bectors Food Specialities Ltd. | 1.4% |
| Pan American Silver Corp. | 1.4% |
| Federal Bank Ltd., Issued by CLSA Global Markets Pte. Ltd., Maturity Date 10/25/27, 0.00%, 10/25/27 | 1.4% |
| Elite Material Co. Ltd. | 1.3% |
SECTOR ALLOCATION
GEOGRAPHICAL ALLOCATION
TOP TEN HOLDINGS
| Phoenix Mills (The) Ltd. | 2.1% |
| PharmaResearch Co. Ltd. | 2.0% |
| Narayana Hrudayalaya Ltd. | 2.0% |
| Arcadyan Technology Corp. | 1.7% |
| Varun Beverages Ltd. | 1.5% |
| Alior Bank S.A. | 1.4% |
| Mrs Bectors Food Specialities Ltd. | 1.4% |
| Pan American Silver Corp. | 1.4% |
| Federal Bank Ltd., Issued by CLSA Global Markets Pte. Ltd., Maturity Date 10/25/27, 0.00%, 10/25/27 | 1.4% |
| Elite Material Co. Ltd. | 1.3% |
Material Fund Changes
Effective February 1, 2025, to comply with recent Securities and Exchange Commission rule amendments relating to a fund's name, the Fund modified its investment policy as follows:
The Fund invests, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities issued by companies that meet the portfolio managers’ “discovery criteria” and that are located in emerging markets, including frontier markets.
A more detailed explanation of how the Fund defines “emerging markets” and “discovery criteria” can be found in the Fund's prospectus. In order to satisfy notice requirements related to an investment policy change, the Fund continued to comply with both its old and new investment policies concurrently through May 1, 2025, after which time only the new investment policy applied.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.
This report describes changes to the Fund that occurred during the reporting period.
Fund Expenses for the Last Six Months
(Based on a hypothetical $10,000 investment)
| Fund (Class) | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| JOHCM Emerging Markets Discovery Fund (Institutional Shares) |
$58 | 1.24% |
Key Fund Statistics
The following table outlines key fund statistics that you should pay attention to.
| Fund net assets | $51,107,573 |
| Total number of portfolio holdings | 118 |
| Portfolio turnover rate as of the end of the reporting period | 65.47% |
Graphical Representation of Holdings
The tables below show the investment makeup of the Fund, excluding short-term investments, represented as a percentage of the total net assets of the Fund.
TOP TEN HOLDINGS
| Phoenix Mills (The) Ltd. | 2.1% |
| PharmaResearch Co. Ltd. | 2.0% |
| Narayana Hrudayalaya Ltd. | 2.0% |
| Arcadyan Technology Corp. | 1.7% |
| Varun Beverages Ltd. | 1.5% |
| Alior Bank S.A. | 1.4% |
| Mrs Bectors Food Specialities Ltd. | 1.4% |
| Pan American Silver Corp. | 1.4% |
| Federal Bank Ltd., Issued by CLSA Global Markets Pte. Ltd., Maturity Date 10/25/27, 0.00%, 10/25/27 | 1.4% |
| Elite Material Co. Ltd. | 1.3% |
SECTOR ALLOCATION
GEOGRAPHICAL ALLOCATION
TOP TEN HOLDINGS
| Phoenix Mills (The) Ltd. | 2.1% |
| PharmaResearch Co. Ltd. | 2.0% |
| Narayana Hrudayalaya Ltd. | 2.0% |
| Arcadyan Technology Corp. | 1.7% |
| Varun Beverages Ltd. | 1.5% |
| Alior Bank S.A. | 1.4% |
| Mrs Bectors Food Specialities Ltd. | 1.4% |
| Pan American Silver Corp. | 1.4% |
| Federal Bank Ltd., Issued by CLSA Global Markets Pte. Ltd., Maturity Date 10/25/27, 0.00%, 10/25/27 | 1.4% |
| Elite Material Co. Ltd. | 1.3% |
Material Fund Changes
Effective February 1, 2025, to comply with recent Securities and Exchange Commission rule amendments relating to a fund's name, the Fund modified its investment policy as follows:
The Fund invests, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities issued by companies that meet the portfolio managers’ “discovery criteria” and that are located in emerging markets, including frontier markets.
A more detailed explanation of how the Fund defines “emerging markets” and “discovery criteria” can be found in the Fund's prospectus. In order to satisfy notice requirements related to an investment policy change, the Fund continued to comply with both its old and new investment policies concurrently through May 1, 2025, after which time only the new investment policy applied.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.
This report describes changes to the Fund that occurred during the reporting period.
Fund Expenses for the Last Six Months
(Based on a hypothetical $10,000 investment)
| Fund (Class) | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| JOHCM Global Select Fund (Advisor Shares) |
$53 | 1.11% |
Key Fund Statistics
The following table outlines key fund statistics that you should pay attention to.
| Fund net assets | $21,404,876 |
| Total number of portfolio holdings | 37 |
| Portfolio turnover rate as of the end of the reporting period | 54.31% |
Graphical Representation of Holdings
The tables below show the investment makeup of the Fund, excluding short-term investments, represented as a percentage of the total net assets of the Fund.
TOP TEN HOLDINGS
| NVIDIA Corp. | 3.6% |
| SAP S.E. | 3.1% |
| Alphabet, Inc. - Class A | 3.1% |
| Trip.com Group Ltd. | 3.0% |
| Amazon.com, Inc. | 3.0% |
| S&P Global, Inc. | 2.9% |
| MercadoLibre, Inc. | 2.9% |
| Intercontinental Exchange, Inc. | 2.9% |
| Grab Holdings Ltd. - Class A | 2.9% |
| Sea Ltd. - ADR | 2.8% |
SECTOR ALLOCATION
GEOGRAPHICAL ALLOCATION
TOP TEN HOLDINGS
| NVIDIA Corp. | 3.6% |
| SAP S.E. | 3.1% |
| Alphabet, Inc. - Class A | 3.1% |
| Trip.com Group Ltd. | 3.0% |
| Amazon.com, Inc. | 3.0% |
| S&P Global, Inc. | 2.9% |
| MercadoLibre, Inc. | 2.9% |
| Intercontinental Exchange, Inc. | 2.9% |
| Grab Holdings Ltd. - Class A | 2.9% |
| Sea Ltd. - ADR | 2.8% |
Material Fund Changes
Effective February 1, 2025, JOHCM (USA) Inc, the Fund's investment adviser, contractually agreed to a reduction in management fees to 0.87% of average daily net assets of the Fund and to limit fund operating expenses to 1.06% of average daily net assets of the Fund through February 1, 2026.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.
Effective February 1, 2025, JOHCM (USA) Inc, the Fund's investment adviser, contractually agreed to a reduction in management fees to 0.87% of average daily net assets of the Fund and to limit fund operating expenses to 1.06% of average daily net assets of the Fund through February 1, 2026.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.
This report describes changes to the Fund that occurred during the reporting period.
Fund Expenses for the Last Six Months
(Based on a hypothetical $10,000 investment)
| Fund (Class) | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| JOHCM Global Select Fund (Institutional Shares) |
$48 | 1.01% |
Key Fund Statistics
The following table outlines key fund statistics that you should pay attention to.
| Fund net assets | $21,404,876 |
| Total number of portfolio holdings | 37 |
| Portfolio turnover rate as of the end of the reporting period | 54.31% |
Graphical Representation of Holdings
The tables below show the investment makeup of the Fund, excluding short-term investments, represented as a percentage of the total net assets of the Fund.
TOP TEN HOLDINGS
| NVIDIA Corp. | 3.6% |
| SAP S.E. | 3.1% |
| Alphabet, Inc. - Class A | 3.1% |
| Trip.com Group Ltd. | 3.0% |
| Amazon.com, Inc. | 3.0% |
| S&P Global, Inc. | 2.9% |
| MercadoLibre, Inc. | 2.9% |
| Intercontinental Exchange, Inc. | 2.9% |
| Grab Holdings Ltd. - Class A | 2.9% |
| Sea Ltd. - ADR | 2.8% |
SECTOR ALLOCATION
GEOGRAPHICAL ALLOCATION
TOP TEN HOLDINGS
| NVIDIA Corp. | 3.6% |
| SAP S.E. | 3.1% |
| Alphabet, Inc. - Class A | 3.1% |
| Trip.com Group Ltd. | 3.0% |
| Amazon.com, Inc. | 3.0% |
| S&P Global, Inc. | 2.9% |
| MercadoLibre, Inc. | 2.9% |
| Intercontinental Exchange, Inc. | 2.9% |
| Grab Holdings Ltd. - Class A | 2.9% |
| Sea Ltd. - ADR | 2.8% |
Material Fund Changes
Effective February 1, 2025, JOHCM (USA) Inc, the Fund's investment adviser, contractually agreed to a reduction in management fees to 0.87% of average daily net assets of the Fund and to limit fund operating expenses to 0.96% of average daily net assets of the Fund through February 1, 2026.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.
Effective February 1, 2025, JOHCM (USA) Inc, the Fund's investment adviser, contractually agreed to a reduction in management fees to 0.87% of average daily net assets of the Fund and to limit fund operating expenses to 0.96% of average daily net assets of the Fund through February 1, 2026.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.
Fund Expenses for the Last Six Months
(Based on a hypothetical $10,000 investment)
| Fund (Class) | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| JOHCM International Opportunities Fund (Institutional Shares) |
$25 | 0.50% |
Key Fund Statistics
The following table outlines key fund statistics that you should pay attention to.
| Fund net assets | $80,190,629 |
| Total number of portfolio holdings | 41 |
| Portfolio turnover rate as of the end of the reporting period | 32.02% |
Graphical Representation of Holdings
The tables below show the investment makeup of the Fund, excluding short-term investments, represented as a percentage of the total net assets of the Fund.
TOP TEN HOLDINGS
| Deutsche Boerse A.G. | 4.2% |
| Shell PLC | 4.1% |
| National Grid PLC | 3.7% |
| Siemens A.G. - REG | 3.6% |
| Merck KGaA | 3.6% |
| Thales S.A. | 3.4% |
| Sanofi S.A. | 3.4% |
| SoftBank Corp. | 3.3% |
| Daifuku Co. Ltd. | 3.2% |
| Ebara Corp. | 3.1% |
SECTOR ALLOCATION
GEOGRAPHICAL ALLOCATION
TOP TEN HOLDINGS
| Deutsche Boerse A.G. | 4.2% |
| Shell PLC | 4.1% |
| National Grid PLC | 3.7% |
| Siemens A.G. - REG | 3.6% |
| Merck KGaA | 3.6% |
| Thales S.A. | 3.4% |
| Sanofi S.A. | 3.4% |
| SoftBank Corp. | 3.3% |
| Daifuku Co. Ltd. | 3.2% |
| Ebara Corp. | 3.1% |
This report describes changes to the Fund that occurred during the reporting period.
Fund Expenses for the Last Six Months
(Based on a hypothetical $10,000 investment)
| Fund (Class) | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| JOHCM International Select Fund (Institutional Shares) |
$47 | 0.97% |
Key Fund Statistics
The following table outlines key fund statistics that you should pay attention to.
| Fund net assets | $3,457,880,531 |
| Total number of portfolio holdings | 42 |
| Portfolio turnover rate as of the end of the reporting period | 48.97% |
Graphical Representation of Holdings
The tables below show the investment makeup of the Fund, excluding short-term investments, represented as a percentage of the total net assets of the Fund.
TOP TEN HOLDINGS
| Sea Ltd. - ADR | 2.6% |
| Sony Group Corp. | 2.6% |
| NEC Corp. | 2.5% |
| ORIX Corp. | 2.5% |
| UBS Group A.G. - REG | 2.5% |
| Spotify Technology S.A. | 2.5% |
| Argenx S.E. | 2.5% |
| Zalando S.E. | 2.5% |
| Hong Kong Exchanges & Clearing Ltd. | 2.5% |
| Wise PLC - Class A | 2.5% |
SECTOR ALLOCATION
GEOGRAPHICAL ALLOCATION
TOP TEN HOLDINGS
| Sea Ltd. - ADR | 2.6% |
| Sony Group Corp. | 2.6% |
| NEC Corp. | 2.5% |
| ORIX Corp. | 2.5% |
| UBS Group A.G. - REG | 2.5% |
| Spotify Technology S.A. | 2.5% |
| Argenx S.E. | 2.5% |
| Zalando S.E. | 2.5% |
| Hong Kong Exchanges & Clearing Ltd. | 2.5% |
| Wise PLC - Class A | 2.5% |
Material Fund Changes
Effective February 1, 2025, JOHCM (USA) Inc, the Fund's investment adviser, contractually agreed to a reduction in management fees to 0.84% of average daily net assets of the Fund and to limit fund operating expenses to 0.95% of average daily net assets of the Fund through February 1, 2026.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.
Effective February 1, 2025, JOHCM (USA) Inc, the Fund's investment adviser, contractually agreed to a reduction in management fees to 0.84% of average daily net assets of the Fund and to limit fund operating expenses to 0.95% of average daily net assets of the Fund through February 1, 2026.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.
This report describes changes to the Fund that occurred during the reporting period.
Fund Expenses for the Last Six Months
(Based on a hypothetical $10,000 investment)
| Fund (Class) | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
| JOHCM International Select Fund (Investor Shares) |
$58 | 1.20% |
Key Fund Statistics
The following table outlines key fund statistics that you should pay attention to.
| Fund net assets | $3,457,880,531 |
| Total number of portfolio holdings | 42 |
| Portfolio turnover rate as of the end of the reporting period | 48.97% |
Graphical Representation of Holdings
The tables below show the investment makeup of the Fund, excluding short-term investments, represented as a percentage of the total net assets of the Fund.
TOP TEN HOLDINGS
| Sea Ltd. - ADR | 2.6% |
| Sony Group Corp. | 2.6% |
| NEC Corp. | 2.5% |
| ORIX Corp. | 2.5% |
| UBS Group A.G. - REG | 2.5% |
| Spotify Technology S.A. | 2.5% |
| Argenx S.E. | 2.5% |
| Zalando S.E. | 2.5% |
| Hong Kong Exchanges & Clearing Ltd. | 2.5% |
| Wise PLC - Class A | 2.5% |
SECTOR ALLOCATION
GEOGRAPHICAL ALLOCATION
TOP TEN HOLDINGS
| Sea Ltd. - ADR | 2.6% |
| Sony Group Corp. | 2.6% |
| NEC Corp. | 2.5% |
| ORIX Corp. | 2.5% |
| UBS Group A.G. - REG | 2.5% |
| Spotify Technology S.A. | 2.5% |
| Argenx S.E. | 2.5% |
| Zalando S.E. | 2.5% |
| Hong Kong Exchanges & Clearing Ltd. | 2.5% |
| Wise PLC - Class A | 2.5% |
Material Fund Changes
Effective February 1, 2025, JOHCM (USA) Inc, the Fund's investment adviser, contractually agreed to a reduction in management fees to 0.84% of average daily net assets of the Fund and to limit fund operating expenses to 1.18% of average daily net assets of the Fund through February 1, 2026.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.
Effective February 1, 2025, JOHCM (USA) Inc, the Fund's investment adviser, contractually agreed to a reduction in management fees to 0.84% of average daily net assets of the Fund and to limit fund operating expenses to 1.18% of average daily net assets of the Fund through February 1, 2026.
This is a summary of certain changes to the Fund since October 1, 2024. For more complete information, you may review the Fund's prospectus dated February 1, 2025, at connect.rightprospectus.com/JOHCM/ or upon request at 866-260-9549 (toll free) or 312-557-5913.