Fact sheet: BCM Vitruvius Jap Equity

Fund information
Fund name
BCM Vitruvius Japanese Equity B JPY
Fund manager company
Belgrave Capital Management
Fund type
Offshore Fund
Fund manager
  • Mattia Nocerasince 08/11/2000
Fund objective
The investment objective of the Portfolio is to provide long term capital growth through investment in shares of Japanese companies. The Portfolio combines thematically driven macro investments with bottom-up research resulting in an overall well-diversified portfolio. The Portfolio invests in large, medium and to a lesser extent small caps stocks. The reference currency is JPY. All other share classes will be systematically hedged against currency risk giving investors the ability to separate market risk from currency risk.
Benchmark
  • Nikkei 225 Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-15.2%
1 Year rank in sector
109/111
Sector
FO Equity - Japan
Yield
-
Fund size
£15,300m (£31,800m last year)
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
Top in this sector
Fund name1 Year
Lindsell Train Japnse Eq53.2%
GAM Star Jap Eq49.2%
RWC NissayJaFo47.7%
GS Jap Eq Part Pfl45%
Aberdeen Gbl Japanese Eq44.6%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan93.6%
    Money Market6.4%
  • Industrials27.5%
    Cyclical Consumer Goods24.1%
    Financials21.9%
    Non-Cyclical Consumer Goods7.3%
    Money Market6.4%
  • Japanese Equities93.6%
    Money Market6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.8%0.8%-5.1%-15.2%-8%51.3%
Sector3.3%7.6%5.8%3.1%18.5%80%
Rank within sector78 / 117104 / 117109 / 114109 / 11192 / 9271 / 85
Quartile3rd4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-18.5%4.2%3.5%49.4%18.1%
Sector-3.6%11.8%4.1%43.2%13.9%
Rank within sector111 / 112100 / 10553 / 9437 / 8927 / 85
Quartile4th4th3rd2nd2nd
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.
-7.97
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.
1.16
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.
-0.01
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%.
17.33
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.
5.14
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.
-1.37
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.
0.93
Price movement
52 week high160.25
52 week low113.7
Current bid price-
Current offer price-
Current mid price123.91
Region
1Japan93.6%
2Money Market6.4%
Industry sector
1Industrials27.5%
2Cyclical Consumer Goods24.1%
3Financials21.9%
4Non-Cyclical Consumer Goods7.3%
5Money Market6.4%
6Technology5%
7Communications4.3%
8Basic Materials3.5%
Asset type
1Japanese Equities93.6%
2Money Market6.4%
Individual holdings
1MITSUBISHI UFJ FINANCIAL GROUP5.2%
2SUMITOMO MITSUI FINANCIAL GROUP INC3.8%
3FUJIFILM HLDGS CORP2.8%
4H.I.S.CO2.5%
5ITOCHU CORP2.2%
6MITSUBISHI CORP2.1%
7TAISEI CORP2%
8MITSUBISHI ESTATE CO1.9%
9HITACHI1.8%
Management
Fund manager group
Belgrave Capital Management
Fund manager company
Belgrave Capital Management
Fund type
Offshore Fund
Fund objective
The investment objective of the Portfolio is to provide long term capital growth through investment in shares of Japanese companies. The Portfolio combines thematically driven macro investments with bottom-up research resulting in an overall well-diversified portfolio. The Portfolio invests in large, medium and to a lesser extent small caps stocks. The reference currency is JPY. All other share classes will be systematically hedged against currency risk giving investors the ability to separate market risk from currency risk.
Benchmark
  • Nikkei 225 Index
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Mattia Nocera08/11/2000Mr. Mattia Piernicolo Nocera is the Chief Executive Officer at Belgrave Capital Management Ltd. Prior to founding the firm in 1994, he spent ten years at Bankers Trust Company in various positions, both in New York and London. Mr. Nocera is a Director of Global Selection SGR SpA and Global Selection Advisors Ltd. He earned an M.B.A. in Finance from The Stern School of Business of New York University in 1987 and a B.A. in Economics from Brown University in 1982.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, France, United Kingdom, Italy, Luxembourg, Offshore, Singapore, Sweden
BCM Vitruvius Japanese Equity B EUR
Initial charge3%
Annual charge2.2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price157.48
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEOK5
BCM Vitruvius Japanese Equity B EUR JPY
Initial charge-
Annual charge2.2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15389.16
CurrencyJPY
Price updated22/01/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEOK4
BCM Vitruvius Japanese Equity B JPY
Initial charge3%
Annual charge2.2%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.65%
Bid price-
Offer price-
Mid price123.91
CurrencyJPY
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEOK8
BCM Vitruvius Japanese Equity B SGD
Initial charge3%
Annual charge2.2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.26
CurrencySGD
Price updated10/06/2014
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJKDB
BCM Vitruvius Japanese Equity B USD
Initial charge3%
Annual charge2.2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.57
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI71H
BCM Vitruvius Japanese Equity B USD JPY
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 price8981.98
CurrencyJPY
Price updated22/01/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI7SP
BCM Vitruvius Japanese Equity BI EUR
Initial charge3%
Annual charge1.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.12%
Bid price-
Offer price-
Mid price164.54
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEOK7
BCM Vitruvius Japanese Equity BI EUR JPY
Initial charge-
Annual charge1.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.07%
Bid price-
Offer price-
Mid price15765.52
CurrencyJPY
Price updated22/01/2013
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEOK6
BCM Vitruvius Japanese Equity BI GBP
Initial charge3%
Annual charge1.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.67
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJKDA
BCM Vitruvius Japanese Equity BI JPY
Initial charge3%
Annual charge1.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.71
CurrencyJPY
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGMB6
BCM Vitruvius Japanese Equity BI USD
Initial charge3%
Annual charge1.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.85
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI71I
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