Janus Henderson Institutional Japan Enhanced Equity I

  • 212.89p
    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).

  • 0.79%
    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.

  • 1.60%
    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 22 January 2021

Fund summary

Sector Japan
Structure OEIC
Launched March, 2008
Size £0m
Yield 1.60%
Charging basis
Dividends paid Acc units only

Charges

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 0.79%

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Investment process

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 -0.14%
  • 18/19 -0.02%
  • 19/20 -8.25%
  • 20/21 0.02%

Bestinvest MRI

  • 3 years -2.75%
  • 5 years -1.68%
  • Career -0.91%
  • 3 years 16.90%
  • 5 years 16.90%
  • Career 17.10%

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

Chris Jones

Jones joined Henderson in December 2008 as Head of Asia Pacific Multi-Strategy Equities. He joined from Concordia Advisors where he ran a team of eight and managed an Asia Pacific Multi-Strategy hedge fund. Prior to this, Jones worked for Schroder Salomon Smith Barney as an equity research analyst. He joined Schroder’s from Hill Samuel Asset Management, London, where he was a fund manager focusing on Asia and Emerging Markets.

Track record

Chris Jones has 9.6 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.91%. During the worst period of relative performance (from November 2011 - February 2019) there was a decline of 100% relative to the index. The worst absolute loss has been 13%.

Periods of worst performance

Absolute -13.00% (May 2015 - September 2015)
Relative -100.00% (November 2011 - 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

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Top 10 holdings

Data accurate as at 31 July 2020

4% Toyota Motor Corp
2.8% Softbank Group Corp
2.6% Sony Corp
2.1% Keyence Corp
1.5% Takeda Pharmaceutical Co
1.5% Daiichi Sankyo Co Ltd
1.4% Kddi Corp
1.3% Mitsubishi Ufj Financial Group
1.3% Shin-Etsu Chemical Co
1.3% Nintendo Co
Source: Trustnet

Sector breakdown

Industrials 24.00%
Consumer Goods 22.00%
Financials 11.00%
Consumer Services 10.00%
Health Care 10.00%
Technology 7.00%
Telecommunications 7.00%
Basic Materials 5.00%
Others 2.00%
Utilities 2.00%

Key Investor Information

Download