ASI Japanese Equity Growth P1

  • 149.70p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • -
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.75%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.92%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.20%

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 17 September 2021

Fund summary

Sector Japan
Structure OEIC
Launched May, 2012
Size £19m
Yield 0.20%
Charging basis
Dividends paid Acc units only


Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.92%


Proportion (%)

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Investment process

The objective of this fund is to provide capital appreciation. It is intended that income will not be a prime consideration. The Fund invests in an actively managed portfolio of mainly Japanese equities.

Manager research

Average monthly relative returns

  • 16/17 -0.05%
  • 17/18 0.50%
  • 18/19 -8.84%
  • 19/20 0.58%
  • 20/21 0.15%

Bestinvest MRI

  • 3 years -2.70%
  • 5 years -1.53%
  • Career -0.73%
  • 3 years 17.40%
  • 5 years 19.50%
  • Career 21.50%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Chuo Mitsui

Chuo Mitsui Trust Group is one of the major Japanese banking groups. Our group is composed of Chuo Mitsui Trust Holdings, Inc (Chuo Mitsui Trust). a holding company, its two trust bank subsidiaries and two asset management subsidiaries.

Track record

Chuo Mitsui has 10.9 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.73%. During the worst period of relative performance (from September 2013 - February 2019) there was a decline of 100% relative to the index. The worst absolute loss has been 18%.

Periods of worst performance

Absolute -18.00% (September 2018 - February 2019)
Relative -100.00% (September 2013 - February 2019)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.


Proportion (%)

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Top 10 holdings

Data accurate as at 30 June 2020

5.1% Sony Corp
4.2% Recruit Hldgs Co Ltd
4% Keyence Corp
3.6% Daiichi Sankyo Co Ltd
3.5% Smc Corp
3.3% Softbank Group Corp
3% Takeda Pharmaceutical Co
2.9% Unicharm Corp
2.9% Ibiden Co
2.9% Shin-Etsu Chemical Co
Source: Trustnet

Sector breakdown

Consumer Discretionary 25.00%
Information Technology 22.00%
Industrials 19.00%
Health Care 15.00%
Communications 7.00%
Money Market 3.00%
Consumer Staples 3.00%
Materials 3.00%
Real Estate 2.00%
Financials 2.00%

Key Investor Information