Wassenaar, September 10 – The Juno Selection Fund series has surpassed the level of EUR100 million under management.  The fund, which invests in shares of high quality Euro-pean small- and midcap family owned businesses, managed to double its assets under management from EUR50 million to EUR100 million in one year. In addition to this fund, Juno Investment Partners manages additional direct accounts amounting to EUR70 million. In total Juno manages EUR170 million in this strategy.

Frans Jurgens, Director and Juno Co-Founder: “We are proud that the fund has grown to more than EUR100 million. This is the result of persistent strong returns and growth in our client base.”

Juno was founded in 2008 and through the Juno Selection Fund invests in stocks of small- and midcap European companies that year after year achieve a predictable and stable profit growth. These are primarily family-owned businesses. Since inception, the fund has achieved a cumulative total return of 180%. This equates to an average return of 14.4% per year. The fund is now top ranked in its Morningstar category and has received the maximum five stars for both its last three and five year performance.

The fund’s performance contributed to a significant portion of the growth in assets under management. In addition, Juno took on a growing number of new clients. Notably existing clients have regularly increased their investment in the fund. During the last seven years, these increased client investments have contributed to on average more than 35% of the fund’s annual inflows. Moreover, according to fund comparator Morningstar.nl, the fund combines high return with low risk.

Lennart Smits, Director and Juno Co-Founder: “If you are getting many new clients, then as a business you are doing something right. But if you have existing clients increasing their investment with you, that is even better.”
Juno´s Founders, Frans Jurgens and Lennart Smits, have also increased their personal interest in the Fund as of September 1, 2015. With this, the founders, employees and their families hold approximately 14% of the fund.

About Juno Investment Partners

Juno Investment Partners is an independent asset manager based in The Hague. Juno invests in concentrated portfolios of high-quality European listed companies, often family-owned businesses or companies in which founders and directors are shareholders. The selection process emphasises predictable earnings growth, a high return on invested capital, low debt levels, strong margins and free cash flow, and a sustainable competitive advantage.

Launched in January 2008, the Juno Selection Fund focuses on small- and mid-cap European companies. The portfolio typically consists of around fifteen companies. Each is analysed intensively, and regular contact is maintained with management. The investment horizon is long, generally well over five years. Juno’s analysts, portfolio managers and employees also invest their personal capital in the JSF.

In addition to the JSF, Juno offers individually managed accounts through separate mandates, using the same investment approach. Juno holds an AIFM licence issued by the Dutch Authority for the Financial Markets (AFM).