Janus Henderson Japan Opportunities A

A mostly large cap Japanese equity fund.

  • 377.90p Price (Inc)
  • - Price (Acc)
  • 5.00% 0.00% Initial charge
  • 1.50% Annual management charge
  • 1.71% Ongoing charges
  • 0.20% Yield

Prices as at 09 December 2019

Fund summary

Sector Japan
Structure OEIC
Launched January, 1983
Size £30m
Yield 0.20%
Charging basis
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 1.71%

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Investment process

The fund's aim is to provide capital growth by investing in Japanese companies. The Fund is not restricted in the size of companies in which it can invest.

Manager research

Average monthly relative returns

  • 14/15 0.52%
  • 15/16 0.40%
  • 16/17 0.06%
  • 17/18 -0.12%
  • 18/19 -8.17%

Bestinvest MRI

  • 3 years -2.74%
  • 5 years -1.46%
  • Career -0.39%
  • 3 years 16.90%
  • 5 years 20.60%
  • Career 26.80%

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

Michael Wood-Martin

Wood-Martin joined Henderson Global Investors in 1987 after graduating from Dublin University with a degree in Management. He assumed responsibility for the Henderson Japan Fund in September 1991, at which time he also moved to Japan to work from Henderson's Tokyo office. He returned to London in 1995 and continues to manage Japanese equities.

Track record

Michael Wood-Martin has 18.9 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.39%. During the worst period of relative performance (from April 2002 - February 2019) there was a decline of 100% relative to the index. The worst absolute loss has been 46%.

Periods of worst performance

Absolute -46.00% (November 2000 - April 2003)
Relative -100.00% (April 2002 - 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.

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Top 10 holdings

Data accurate as at 31 August 2019

6.2% Sony Corp
5.5% Softbank Group Corp
5.3% Daiichi Sankyo Co Ltd
4.7% Takeda Pharmaceutical Co
4.4% Nomura Hldgs Inc
4.2% Asahi Group Hldgs Ltd
4.2% Mitsui Fudosan
4.1% Fujifilm Hldgs Corp
4% Kao Corp
3.9% Shin-Etsu Chemical Co
Source: Trustnet

Sector breakdown

Consumer Discretionary 23.00%
Information Technology 17.00%
Communications 13.00%
Health Care 10.00%
Financials 8.00%
Consumer Staples 8.00%
Real Estate 6.00%
Materials 4.00%
Money Market 4.00%
Energy 3.00%

Key Investor Information

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