Fact sheet: Aberdeen Japan IT PLC

Fund information
Fund name
Aberdeen Japan Investment Trust PLC Ord 10p
Fund manager company
Aberdeen Fund Managers Ltd
Fund type
Investment Trust
Fund manager
  • Asian Equities Teamsince 10/11/2006
Fund objective
To achieve long-term capital growth principally through investment in listed Japanese companies which are believed by the Investment Manager to have above average prospects for growth.
Benchmark
  • Topix 1st Section
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
4.4%
1 Year rank in sector
5/5
Sector
IT Japan Equities
Yield
0.8%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.29%
Fund size
£79m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
124
Mid price
505
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
588.75
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-13.46
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
113
Top in this sector
Fund name1 Year
Baillie Gifford Jap Tst PLC20.5%
CC JpnIncGthTsPLC16.1%
JP Morgan Japanese IT plc14.9%
Schroder Japan Growth plc14.3%
Aberdeen Japan IT PLC4.4%
...more in IT Japan Equities

Performance snapshot

Holdings snapshot

  • Japan54.8%
    UK45.2%
    Taiwan0%
    USA0%
  • Industrials21.8%
    Consumer Staples21.1%
    Financials16%
    Consumer Discretionary14.7%
    Materials12%
  • Japanese Equities112.9%
    Alternative Investment Strategies44.4%
    Cash & Cash Equivalents-11.4%
    Forwards-45.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.8%3.9%10.8%4.4%45.9%101.4%
Sector-4.8%5.9%17.9%13.3%46.4%147.2%
Rank within sector3 / 53 / 54 / 55 / 53 / 44 / 4
Quartile3rd3rd4th4th3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund6.2%4.2%31.4%9.2%26.4%
Sector12.8%19.3%7.7%56.4%7.1%
Rank within sector5 / 54 / 41 / 44 / 41 / 4
Quartile4th4th1st4th1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-0.59
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.05
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.65
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
17.62
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
9.22
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.04
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.72
Price movement
52 week high530.25
52 week low407.5
Current bid price500
Current offer price510
Current mid price505
Region
1Japan54.76%
2UK45.24%
3Taiwan-
4USA-
Industry sector
1Industrials21.78%
2Consumer Staples21.09%
3Financials16%
4Consumer Discretionary14.72%
5Materials11.97%
6Health Care11.3%
7Information Technology10.94%
8Telecommunications Utilities5.08%
9Others-12.88%
Asset type
1Japanese Equities112.88%
2Alternative Investment Strategies44.42%
3Cash & Cash Equivalents-11.43%
4Forwards-45.86%
Individual holdings
1SHIN-ETSU CHEMICAL CO5.9%
2KEYENCE CORP4.6%
3JAPAN TOBACCO INC4.5%
4AMADA HLDGS CO LTD4.2%
5NABTESCO CORP4.2%
6SEVEN & I HOLDINGS CO LTD4.2%
7FANUC CORP4%
8KDDI CORP4%
9TOYOTA MOTOR CORP3.5%
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Fund Managers Ltd
Fund type
Investment Trust
Fund objective
To achieve long-term capital growth principally through investment in listed Japanese companies which are believed by the Investment Manager to have above average prospects for growth.
Benchmark
  • Topix 1st Section
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Asian Equities Team10/11/2006
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Aberdeen Japan Investment Trust PLC Ord 10p
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price586.33
CurrencyGBX
Price updated29/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJJO
Aberdeen Japan Investment Trust PLC Ord 10p NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price586.33
CurrencyGBX
Price updated29/11/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeW894
Data provided by

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