Juno Selection Fund
The Juno Selection Fund is an equity investment fund. We invest in listed shares of exceptional and often unique European smaller and medium sized companies. Most often, these are listed family-owned companies, or businesses in which a (founding-) family or management is also a major shareholder.
Mutual investment fund
The fund is structured as a Dutch semi open ended mutual fund (“fonds voor gemene rekening”). Liquidity is offered by providing the participants the opportunity to subscribe or redeem their investment on a monthly basis. The fund operates under the exemption regulation (“vrijstellingsregeling”) of the Financial Supervision Act of the Netherlands Authority for the Financial Markets (“AFM”). The manager of the fund has been granted a full license for discretionary asset management by the AFM. The manager and their family members participate in the fund for more than 10% (December 1, 2016).
Manager of the Juno Selection Fund
Juno Investment Partners is manager of the investment fund. The fund’s investments are held in custody at one of the world’s largest custodians, State Street Bank & Trust. The interests of the participants are protected by Capital Support Group, an independent service provider that holds a licence granted by the Dutch Central Bank under the Act on the Supervision of Trust Offices (“Wet Toezicht Trustkantoren”). Circle Partners, an internationally operating, independent service provider, manages the participants’ administration and register. Ernst & Young performs the fund’s annual audit. Juno Investment Partners is assisted by an Advisory Board. The members of this board offer substantial knowledge, in the fields of communication and financial and accounting matters.
Annually, we meet with our participants to discuss developments in the fund’s portfolio. We look back on the past year and our expectations for the future ahead. This participants’ meeting is well attended and offers an interesting opportunity to meet fellow participants in the fund. Moreover, this meeting is not the only time we are personally available. We encourage our clients to contact us throughout the year whenever they wish.
The fund was launched on January 11, 2008 at a price of €100 per share. As per October 1, 2018, the fund was closed after reaching its maximum assets under management. More information can be found here.