Highly concentrated on small, fast growing companies, this fund will be significantly more volatile than most in the sector.
Prices as at 01 Jul 2022.
We don’t currently provide commentary on this fund.
Past performance is not an indication of future performance.
Capital at risk.
Sector | Japan |
---|---|
Structure | OEIC |
Launched | December 2012 |
Size | £728m |
Yield | 0% |
Charging Basis | Income |
Dividends paid | Acc units only |
Standard Initial Charge | 0% |
---|---|
Initial Charge Via BestInvest | 0% |
Additional Bid/Offer Spread | 0% |
Annual Management Charge | 0.75% |
Ongoing Charges Figure | 1.02% |
Stock selection arises from extensive research undertaken on potential holdings. This will include meeting company management, customers and competitors. Stocks are held strategically over a long period of time and the portfolio tends to be concentrated with a high weight given to the top ten holdings. On a long term view the fund manager believes that Japan is experiencing cultural and social change with the market moving from being biased to manufacturing to one which is more service and consumer-orientated. The fund therefore aims to identify 'new Japan' companies, which have rapid and consistent earnings growth. These are companies which have grown by a minimum of 20% pa over at least two years and are predicted to grow by at least this level in the future. The fund has no exposure to the well known Japanese manufacturers or banks. Instead the portfolio is focused primarily in service, retail and wholesale stocks that are benefiting from consumers' increasing use of the internet. Another theme in the portfolio is healthcare, which aims to take advantage of the unfavourable demographics in Japan.
Past performance is not a guide to future performance. View full risk warning