Fact sheet: Baillie Gifford JapInGro

Fund information
Fund name
Baillie Gifford Japanese Income Growth B Acc
Fund manager company
Baillie Gifford
Fund type
OEIC
Fund managers
  • Karen Seesince 01/01/2017
  • Matthew Brettsince 03/07/2016
Fund objective
The objective is to produce income and capital growth over the longer term with a focus on portfolio dividend growth. The sub-fund will invest primarily in the equities of companies that are domiciled, incorporated or have a significant portion of their operations based in Japan and may also invest in other transferable securities, money market instruments, deposits, cash and near cash. Up to 10% of the sub-fund may be invested in other collective investment vehicles.
Benchmark
  • Topix
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
UT Japan
Yield
1.9%
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.
0.7%
Fund size
£133m (£67m 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.
115
Mid price
119.8
Top in this sector
Fund name1 Year
Man GLG Japan Core Alpha61.2%
M&G Japan59.2%
Neptune Jap Inst57.8%
Henderson Japan Opportunities56.3%
Baillie Gifford Japanese54.2%
...more in UT Japan

Performance snapshot

Holdings snapshot

  • Japan99.8%
    Money Market0.2%
  • Financials24%
    Machinery21.4%
    Chemicals16.4%
    Services14.6%
    Electronic & Electrical Equipment10.2%
  • Japanese Equities99.8%
    Money Market0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%7.7%14.2%---
Sector0.9%5.3%11.2%42.9%61.5%86.8%
Rank within sector5 / 466 / 468 / 46---
Quartile1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund6.5%----
Sector4.4%24%15.8%0.8%26.2%
Rank within sector4 / 46----
Quartile1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high120.4
52 week low98.32
Current bid price-
Current offer price-
Current mid price119.8
Region
1Japan99.8%
2Money Market0.2%
Industry sector
1Financials24%
2Machinery21.4%
3Chemicals16.4%
4Services14.6%
5Electronic & Electrical Equipment10.2%
6Pharmaceuticals6.7%
7Telecommunications Utilities4.1%
8Real Estate & Construction2.4%
9Money Market0.2%
Asset type
1Japanese Equities99.8%
2Money Market0.2%
Individual holdings
1TOYOTA MOTOR CORP4.6%
2SUMITOMO MITSUI TR HLDGS INC4.3%
3INPEX CORP4%
4FANUC CORP3.5%
5MS&AD INSURANCE GROUP HLDGS INC3.3%
6SBI HLDGS INC3.1%
7SONY FINANCIAL HOLDINGS INC2.8%
8JAPAN TOBACCO INC2.6%
9BANK OF KYOTO2.5%
Management
Fund manager group
Baillie Gifford
Fund manager company
Baillie Gifford
Fund type
OEIC
Fund objective
The objective is to produce income and capital growth over the longer term with a focus on portfolio dividend growth. The sub-fund will invest primarily in the equities of companies that are domiciled, incorporated or have a significant portion of their operations based in Japan and may also invest in other transferable securities, money market instruments, deposits, cash and near cash. Up to 10% of the sub-fund may be invested in other collective investment vehicles.
Benchmark
  • Topix
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Karen See01/01/2017
Matthew Brett03/07/2016Matthew graduated BA (Hons) in Natural Sciences (Psychology) from Cambridge University in 2000 and holds a PhD in Psychology from Bristol University. He joined Baillie Gifford in September 2003 and is an Investment Manager in the Japanese Equity Team. Matthew is a CFA charter holder
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Baillie Gifford Japanese Income Growth B Acc
Initial charge1%
Annual charge0.65%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.67%
Bid price-
Offer price-
Mid price119.8
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3JZ
Baillie Gifford Japanese Income Growth B Inc
Initial charge1%
Annual charge0.65%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.67%
Bid price-
Offer price-
Mid price119.1
CurrencyGBX
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN3KA
Baillie Gifford Japanese Income Growth C Acc
Initial charge-
Annual charge-
Min single investment£250,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN3KB
Baillie Gifford Japanese Income Growth C Inc
Initial charge-
Annual charge-
Min single investment£250,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN3KC
Baillie Gifford Japanese Income Growth Y Acc
Initial charge-
Annual charge0.65%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.3%
Total expense ratio (TER)0.3%
Bid price-
Offer price-
Mid price120.1
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3KD
Baillie Gifford Japanese Income Growth Y Inc
Initial charge-
Annual charge0.65%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.3%
Bid price-
Offer price-
Mid price119.4
CurrencyGBX
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN3KE
Data provided by

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