Fact sheet: BL Equities Japan

Fund information
Fund name
BL Equities Japan A
Fund manager company
Banque de Luxembourg
Fund type
Offshore Fund
Fund manager
  • Steve Glodsince 27/06/2011
Fund objective
Seeking a long-term capital gain.
Benchmark
  • TOPIX Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
10.5%
1 Year rank in sector
39/110
Sector
FO Equity - Japan
Yield
-
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.
1.38%
Fund size
£19,570m (£17,470m 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.
126
Top in this sector
Fund name1 Year
Lindsell Train Japnse Eq53.1%
GAM Star Jap Eq52.4%
RWC NissayJaFo52.2%
Aberdeen Gbl Japanese Eq47.1%
GS Jap Eq Part Pfl42.3%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6.7%8.4%3.2%10.5%42.9%-
Sector4%9.8%6.3%3.9%17.6%79.5%
Rank within sector10 / 11668 / 11664 / 11339 / 1108 / 91-
Quartile1st3rd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund-2.4%20.6%16.5%--
Sector-3.6%11.8%4.1%43.2%13.9%
Rank within sector51 / 11113 / 1034 / 93--
Quartile2nd1st1st
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.
6.66
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.
0.96
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.
0.76
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%.
14.66
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.
5.09
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.
1.22
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.
0.88
Price movement
52 week high19212
52 week low15171
Current bid price-
Current offer price-
Current mid price17916
Region
1Japan95.44%
2Money Market4.56%
Industry sector
1Equities95.44%
2Money Market4.56%
Asset type
1Japanese Equities95.44%
2Money Market4.56%
Individual holdings
1MURATA MANUFACTURING CO2.72%
2SHIMANO INC2.68%
3ABC MARITIME AG2.59%
4MIRACA HLDGS2.47%
5SECOM CO2.39%
Management
Fund manager group
No data available.
Fund manager company
Banque de Luxembourg
Fund type
Offshore Fund
Fund objective
Seeking a long-term capital gain.
Benchmark
  • TOPIX Index
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Steve Glod27/06/2011Steve joined Banque de Luxembourg’s Financial Analysis and Asset Management department in 2001. Since 2011, he has been in charge of Japanese equity investments for the Bank's funds range. Between 2005 and 2010, he was co-manager of US equity investments for the Bank’s funds range. Steve has a degree in Mechanical Engineering with a specialisation in business management, and a doctorate in technical sciences from the Swiss Federal Institute of Technology in Zurich (ETH Zurich). He obtained the CEFA (Certified EFFAS Financial Analyst) diploma in 2002.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
BL Equities Japan A
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price17916
CurrencyJPY
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF5GP
BL Equities Japan AI JPY
Initial charge5%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.75
CurrencyJPY
Price updated26/01/2015
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBMJS
BL Equities Japan AR JPY
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.75
CurrencyJPY
Price updated26/01/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBMJR
BL Equities Japan B
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price15541
CurrencyJPY
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEGG3
BL Equities Japan B Hedged CHF
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price98.83
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1AU
BL Equities Japan B Hedged CHF JPY
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price10265.59
CurrencyJPY
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1AV
BL Equities Japan B Hedged EUR
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price167.79
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF6JE
BL Equities Japan B Hedged EUR JPY
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price19015.29
CurrencyJPY
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF6JD
BL Equities Japan B Hedged USD
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price135.65
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFIUJ
BL Equities Japan B Hedged USD JPY
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price13673.64
CurrencyJPY
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFIUK
BL Equities Japan BI JPY
Initial charge5%
Annual charge0.5%
Min single investment£150,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price119.75
CurrencyJPY
Price updated26/01/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMJP
BL Equities Japan BR Hedged CHF
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price98.37
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1AW
BL Equities Japan BR Hedged CHF JPY
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price10217.71
CurrencyJPY
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1AX
BL Equities Japan BR JPY
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price119.75
CurrencyJPY
Price updated26/01/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBMJQ
Data provided by

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