Juno Continuation Fund: Q2 2022

Juno Continuation Fund Q2:  robustness and outlook send positive signal  Portfolio consists for the most part of manufacturers of ‘need to have’  products Some companies have raised profit expectations and are not affected by inflation Portfolio earnings growth continues to improve: companies are only becoming more attractive Interest rate increase has little impact on business […]

Juno Selection Fund: Q2 2022

Juno Selection Fund Q2: optimistic, even if the share price performance was disappointing  Growth and profitability of underlying companies in portfolio better than expected Fear of rising interest rates, inflation and stagnation in the economy scares investors Valuations of quality companies have become more attractive after strong correction Resumption of physical company visits results in […]

Juno Continuation Fund: Q1 2022

Rising inflation and the war in Ukraine weigh heavily on stock markets Juno Continuation Fund lags the market but continues to differentiate on strong underlying earnings growth  Juno Continuation Fund performance lags the market in Q1 2022 The earnings of the quality companies in the portfolio, on the other hand, are rising sharply; +25% in […]

Juno Selection Fund: Q1 2022

Selection of quality companies with predictable high earnings growth remains the cornerstone of the portfolio Juno Selection Fund: Disappointing return in Q1 2022, but underlying earnings growth remains rock solid Performance of the Juno Selection Fund lags the market in the first quarter of 2022, but the portfolio companies’ earnings growth remains very strong Rising […]

Juno Selection Fund: Q4 2021

Higher than expected earnings growth of more than 15% for underlying companies Juno Selection Fund: Disconnection between earnings growth and share price development Underlying companies in the portfolio once again show strong earnings growth in 2021 Concern about the potential impact of inflation and the continued accomodative Central Bank policies ‘Pricing power’ remains an important […]

Juno Continuation Fund: Q4 2021

Many stocks’ valuations very high at the moment Juno Continuation Fund sees euphoria disappearing from the market Underlying earnings growth of the portfolio above expectations in 2021 Fund lagged the market in 2021 due to popularity of riskier stocks Physical company visits finally possible again Quarterly reports: focus on Scout24, ICON, Teleperformance, JustEatTakeaway and Temenos […]

Article in ‘Het Financieele Dagblad’

Clicking on below image opens the interview Juno’s Frans Jurgens and Rob Deneke recently gave to Dutch business newspaper “Het Financieele Dagblas” (in Dutch). This interview appeared on January 24, 2022.

Juno Continuation Fund: Q3 2021

Medium-sized European companies in the portfolio distinguish themselves by healthy earnings growth Juno Continuation Fund does not benefit from stock market euphoria The Juno Continuation Fund completed the third quarter of 2021 with a negative performance of -4.1%, due to a euphoric risk-on sentiment among investors; benefitting cyclical stocks in particular. Juno sticks to its […]

Juno Selection Fund: Q3 2021

Quality growth stocks lag behind the market this quarter Juno Selection Fund remains on course in third quarter The Juno Selection Fund shows a flat performance over the third quarter. Juno opts for a prudent investment policy and wants to maintain a margin of safety when acquiring quality growth stocks. The fund consistently applies its […]