Fact sheet: Baring Japan Growth

Fund information
Fund name
Baring Japan Growth I Acc GBP
Fund manager company
Baring Asset Management Limite
Fund type
Unit Trust
Fund managers
  • Raya Chebli Kossince 30/06/2013
  • Mitesh Patelsince 31/03/2016
Fund objective
The investment objective of the Trust is to achieve capital growth by investing in economic sectors in Japan through securities in any country and/or economic sectors throughout the world represented in Japanese markets.
Benchmark
  • Japan TSE First Section Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
23.9%
1 Year rank in sector
15/47
Sector
UT 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.
0.95%
Fund size
£26m (£27m 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.
125
Bid price
176.7
Offer price
177.3
Top in this sector
Fund name1 Year
Legg Mason IFJaEq31.5%
Baillie Gifford Japanese30.5%
Henderson Japan Opportunities30.2%
Neptune Jap Inst28.3%
Man GLG Japan Core Alpha27.4%
...more in UT Japan

Performance snapshot

Holdings snapshot

  • Japan98.5%
    Money Market1.5%
  • Telecom, Media & Technology21.8%
    Cyclical Goods21.5%
    Technology16.7%
    Consumer Staples11.1%
    Financials11.1%
  • Japanese Equities98.5%
    Money Market1.5%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.7%7.2%20.5%23.9%36%83.2%
Sector-5%6.7%20.5%21.6%41.1%85.3%
Rank within sector34 / 4917 / 4927 / 4715 / 4732 / 4221 / 39
Quartile3rd2nd3rd2nd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund24.1%11%-0.7%28.2%4.9%
Sector21.1%15.8%0.8%26.2%3.3%
Rank within sector10 / 4743 / 4434 / 4214 / 3911 / 39
Quartile1st4th4th2nd2nd
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.
-1.23
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.
1.02
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.
0.68
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%.
13.42
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.
4.05
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.
-0.27
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.
0.91
Price movement
52 week high187.7
52 week low122.9
Current bid price176.7
Current offer price177.3
Current mid price-
Region
1Japan98.5%
2Money Market1.5%
Industry sector
1Telecom, Media & Technology21.8%
2Cyclical Goods21.5%
3Technology16.7%
4Consumer Staples11.1%
5Financials11.1%
6Utilities9.3%
7Basic Industries7%
8Money Market1.5%
Asset type
1Japanese Equities98.5%
2Money Market1.5%
Individual holdings
1MITSUBISHI UFJ FINANCIAL GROUP5.5%
2KDDI CORP3.8%
3SONY CORP3.6%
4TOYOTA MOTOR CORP3.5%
5TOKIO MARINE HLDGS INC3.1%
6DAIFUKU CO3%
7MABUCHI MOTOR CO3%
8MINEBEA CO3%
9SHIMADZU CORP3%
Management
Fund manager group
Baring
Fund manager company
Baring Asset Management Limite
Fund type
Unit Trust
Fund objective
The investment objective of the Trust is to achieve capital growth by investing in economic sectors in Japan through securities in any country and/or economic sectors throughout the world represented in Japanese markets.
Benchmark
  • Japan TSE First Section Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Raya Chebli Kos30/06/2013Raya Kos is an investment manager within Barings’ Japan Equity Team in London. Born and raised in Beirut, Lebanon, Raya holds a BA (Hons) in Private Law, a Master degree in Banking and Financial Law, which she completed in Lebanon, and an MBA from HEC Montreal, Canada. “Studying Law has definitely been beneficial for a career within asset management,” Raya reflects. “It taught me tremendous discipline, rationality and logic.” Throughout her studies, these skills went hand-in-hand with her growing interest in finance. Hungry for her first step into the investment management world, Raya began her career at the Caisse de depot et placement du Québec, Montreal, where as an equity analyst, she was responsible for coverage of commodities and emerging market equities. “Moving into the emerging markets team made sense as I was keen to start focusing on more than one specific sector,” Raya says. ‘Working with a variety of industries and sectors means one-day-to-the-next is never the same.” London soon called Raya away from Montreal, and she joined Baring Asset Management in October 2008. “Joining the Japanese investment team in London was very exciting,” she recalls. Having had the experience of living overseas, it was natural for Raya to embrace the change of market she was now to set her focus on. “There will always be cultural nuances to learn, but that is a part of why it is so interesting. I enjoy working with the Japanese companies,” she adds.
Mitesh Patel31/03/2016
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, France, United Kingdom, Ireland
Baring Japan Growth GBP
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price173.9
Offer price183.2
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBO10
Baring Japan Growth I Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price176.7
Offer price177.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ6JD
Baring Japan Growth I Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)1.03%
Bid price175.8
Offer price176.4
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG60F
Data provided by

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