Fact sheet: Danske Japan

Fund information
Fund name
Danske Japan A JPY
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund managers
  • Osamu Koidesince 01/03/2013
Fund objective
The objective of this fund is to generate a return at least equal to the return on equities in Japan. The fund is accumulating.
Benchmark
  • MSCI Japan
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-4.5%
1 Year rank in sector
77/109
Sector
FO Equity - Japan
Yield
-
Fund size
£6,559m (£4,187m 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.
130
Top in this sector
Fund name1 Year
GAM Star Jap Eq31%
Eastspring Inv JapFdVal30.6%
Lindsell Train Japnse Eq28.9%
Russell IC Japan Equity26.2%
JOHCM Japan24.6%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan100%
  • Consumer Discretionary24.3%
    Financials17.7%
    Industrials14.1%
    Information Technology12.7%
    Telecommunications9.5%
  • Japanese Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund12.3%13.4%14.2%-4.5%25.4%106.6%
Sector4.1%7%10.7%0.7%23.7%89.8%
Rank within sector9 / 11714 / 11739 / 11677 / 10941 / 9123 / 84
Quartile1st1st2nd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-2.1%10.3%9.3%51.3%19.7%
Sector2.3%11.8%4.1%43.2%13.9%
Rank within sector74 / 11063 / 10119 / 9126 / 8819 / 83
Quartile3rd3rd1st2nd1st
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.
-1.18
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.
1.19
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.
0.17
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%.
17.49
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.
6.75
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.
-0.05
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 high3123.4
52 week low2356.8
Current bid price-
Current offer price-
Current mid price3008.8
Region
1Japan100%
Industry sector
1Consumer Discretionary24.3%
2Financials17.7%
3Industrials14.1%
4Information Technology12.7%
5Telecommunications9.5%
6Consumer Staples9.1%
7Materials5.9%
8Health Care5.4%
9Energy0.7%
Asset type
1Japanese Equities100%
Individual holdings
1MITSUBISHI UFJ FINANCIAL GROUP4.7%
2NIPPON TELEGRAPH & TELEPHONE CORP4.3%
3TOYOTA MOTOR CORP4.1%
4RESONA HLDGS INC2.9%
5NTT DOCOMO INC2.6%
6SOFTBANK GROUP CORP2.5%
7MURATA MANUFACTURING CO2.3%
8NITORI HLDGS CO LTD2.2%
9TOKIO MARINE HLDGS INC2.1%
Management
Fund manager group
Danske Invest LUX
Fund manager company
Danske Invest LUX
Fund type
No data available.
Fund objective
The objective of this fund is to generate a return at least equal to the return on equities in Japan. The fund is accumulating.
Benchmark
  • MSCI Japan
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Osamu Koide01/03/2013
Compliance
Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, United Kingdom, Ireland, Japan, Luxembourg, Norway, Offshore, Sweden
Danske Japan A JPY
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price3008.8
CurrencyJPY
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFZ14
Danske Japan A NOK
Initial charge3%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price195.61
CurrencyNOK
Price updated17/06/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFDHQ
Danske Japan IDI Acc
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 price1986.4
CurrencyJPY
Price updated22/02/2011
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFZ15
Data provided by

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