Barings Japan Growth A GBP

  • 237.20p
    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?

  • 5.00% 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!

  • 1.50%
    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).

  • 1.68%
    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.

  • 0.10%
    Yield

    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 09 July 2020

Fund summary

Sector Japan
Structure UNIT TRUST
Launched April, 1985
Size £24m
Yield 0.10%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.68%

Allocation

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Investment process

The investment objective of the Trust is to achieve capital growth by investing in Japan.

Manager research

Average monthly relative returns

  • 15/16 0.21%
  • 16/17 0.16%
  • 17/18 0.05%
  • 18/19 -8.16%
  • 19/20 0.63%

Bestinvest MRI

  • 3 years -2.50%
  • 5 years -1.43%
  • Career -1.09%
  • 3 years 19.20%
  • 5 years 21.20%
  • Career 20.10%

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

Raya Kos

Kos joined Barings in October 2008 from Caisse de Dépôt et Placement du Quebec, Montreal, where she was an equity analyst. Prior to that, Kos was a trainee lawyer at Ghorayeb Law Firm Beirut, Lebanon. Kos holds a BA (Hons) in Private Law, two Masters, one in Banking and Financial Law (Lebannon) and another in Business and Administration (Montreal), and a Graduate Certificate in Comparative Law.

Track record

Raya Kos has 7 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -1.09%. 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 15%.

Periods of worst performance

Absolute -15.00% (September 2018 - December 2018)
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.

Allocation

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Top 10 holdings

Data accurate as at 28 February 2020

5.286% Toyota Motor Corp
3.9541% Sony Corp
3.613% Tokio Marine Hldgs Inc
3.4198% Nippon Telegraph & Telephone Corp
2.7301% Shin-Etsu Chemical Co
2.7216% Meiji Holdings Co Ltd
2.638% Mitsubishi Ufj Financial Group
2.587% Tokyo Electron
2.5178% East Japan Railway Co
2.424% Nintendo Co
Source: Trustnet

Sector breakdown

Technology 22.00%
Cyclical Goods 16.00%
Telecom, Media & Technology 15.00%
Utilities 13.00%
Consumer Staples 12.00%
Financials 11.00%
Basic Industries 9.00%
Money Market 2.00%

Key Investor Information

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