Announcement to the Participants in the Juno Selection Fund
Subject: Management Board of the Legal Owner Juno Selection Fund
As a result of a change in legislation, the manager of the Juno Selection Fund has appointed a new management board/director for the Legal Owner of the Juno Selection Fund Foundation on January 6, 2020. Where Stichting Circle FGR Support formed the management board in recent years, these tasks are now performed by CSGK B.V. (part of Capital Support in The Hague), which has a trust license issued by De Nederlandsche Bank. There is no change in the statutory duties of the Legal Owner of the Juno Selection Fund Foundation: it retains the legal ownership of all assets that belong to the Juno Selection Fund. All assets that are part of the fund have been registered in the name of the Legal Owner, for the account and risk of the participants of the Fund. The Legal Owner acts solely in the interest of the participants. For a complete description of the duties of the Legal Owner, we refer to chapter 5, sub B of the prospectus of the Juno Selection Fund.
If you have any questions on this subject, please contact our Risk & Compliance Director, Ms. Sanne Wijnholts, tel: +31.70.24.00.247 or wijnholts@juno-invest.com
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).
