Fund Evaluator:

Hardman Johnston Intl Gr Fd Instl Shr Overview

Hardman Johnston Intl Gr Fd Instl Shr (HJIGX) is an actively managed International Equity Foreign Large Growth fund. Marmont Funds launched the fund in 2018.

The investment seeks long-term capital appreciation. 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. It typically invests in securities of issuers from at least six or more non-U.S. countries and at least eight industries. 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. It is non-diversified.

About Hardman Johnston Intl Gr Fd Instl Shr (HJIGX)

There are 1 members of the management team with an average tenure of 6.67 years: Cassandra Hardman (2020). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI ACWI Ex USA NR USD index with a weighting of 100% and MSCI EAFE NR USD index with a weighting of 100%. Hardman Johnston Intl Gr Fd Instl Shr has 25 securities in its portfolio. The top 10 holdings constitute 54.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Hardman Johnston Intl Gr Fd Instl Shr is part of the Equity global asset class and is within the International Equity fund group. Hardman Johnston Intl Gr Fd Instl Shr has 89.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 4.3%. There is 89.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Hardman Johnston Intl Gr Fd Instl Shr has 6.1% of the portfolio in cash.

Assets Under Management

The fund has $229 million in total assets, which is below the $1 billion average for the Foreign Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

HJIGX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Hardman Johnston Intl Gr Fd Instl Shr expense ratio is high compared to funds in the Foreign Large Growth category. Hardman Johnston Intl Gr Fd Instl Shr has an expense ratio of 1.00%, which is 3% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Hardman Johnston Intl Gr Fd Instl Shr has a portfolio turnover rate of 81%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 51% for the Foreign Large Growth category.

Recently, in the month of August 2026, Hardman Johnston Intl Gr Fd Instl Shr returned 0.9%, which earned it a grade of F, as the Foreign Large Growth category had an average return of 2.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Hardman Johnston Intl Gr Fd Instl Shr has a trailing yield of 2.70%, which is above the 0.93% category average. The fund normally distributes its income annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Hardman Johnston Intl Gr Fd Instl Shr Grades

Year to date, the fund has returned 11.9%, 2.8 percentage points better than the category, which translates into a grade of B. The fund has returned 21.7% over the past year (grade of A), 20.9% over the past three years (grade of A) and 5.8% per year over the past five years (grade of A).

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