Fact sheet: FL Tokyo Pn

Fund information
Fund name
FL Tokyo Pn C Acc
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Shogo Maedasince 08/12/2014
No data available.
Fund objective
The fund's objective is to achieve a long-term increase in the value of the investment. The fund seeks to achieve this by investing in equities and equity related securities such as warrants of Japanese companies. The effect that changes in interest rates and currency exchange rates may have on your investment can be reduced through the purchase of options, or financial futures contracts or currency forward contracts. This reduces the effect of both positive and negative changes in interest and exchange rates. The fund may also hold liquid assets and debt instruments on a short term basis up to 15% of the value of the fund.
Benchmark
  • FTSE World Japan Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
22.9%
1 Year rank in sector
90/192
Sector
PN Japan
Yield
-
Fund size
£9m (£8m 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.
122
Bid price
982.8
Offer price
1034.5
Top in this sector
Fund name1 Year
OMW M&G Japan Smaller Cos37.9%
Wesleyan Japanese Sh Pn36.1%
OMW Henderson Jap Opp35.6%
Pru Japan Pn33%
Aviva ManGLGJpCreAlpPn32.5%
...more in PN Japan

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6%-1%-0.9%22.9%64.3%80.3%
Sector-5.1%-2%-0.5%22.5%60.5%84.6%
Rank within sector149 / 19740 / 19689 / 19690 / 19250 / 180105 / 173
Quartile4th1st2nd2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-0.1%24.1%17.6%3.4%21.2%
Sector0.3%23.8%15.7%1.5%26.2%
Rank within sector104 / 19697 / 18932 / 18748 / 180142 / 177
Quartile3rd3rd1st2nd4th
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.
0.42
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.
1.07
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.
1.16
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%.
13.54
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.
3.23
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.
0.45
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.
0.95
Price movement
52 week high1053.7
52 week low765.4
Current bid price982.8
Current offer price1034.5
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Japanese Equities98.81%
2Money Market1.19%
Individual holdings
1MITSUBISHI UFJ FINANCIAL GROUP3.68%
2KDDI CORP3.53%
3SUMITOMO MITSUI FINANCIAL GROUP INC3.04%
4ITOCHU CORP2.96%
5BRIDGESTONE CORP2.94%
6ORIX CORP2.7%
7ISUZU MOTORS2.69%
8NITORI HLDGS CO LTD2.61%
9JAPAN TOBACCO INC2.6%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The fund's objective is to achieve a long-term increase in the value of the investment. The fund seeks to achieve this by investing in equities and equity related securities such as warrants of Japanese companies. The effect that changes in interest rates and currency exchange rates may have on your investment can be reduced through the purchase of options, or financial futures contracts or currency forward contracts. This reduces the effect of both positive and negative changes in interest and exchange rates. The fund may also hold liquid assets and debt instruments on a short term basis up to 15% of the value of the fund.
Benchmark
  • FTSE World Japan Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Shogo Maeda08/12/2014Shogo Maeda is Fund Manager for Danske Fund Japan. Shogo Maeda joined Schroders, Tokyo in January 2006 as Head of Japanese Equities. His investment career commenced in 1981 upon joining Nomura Securities Co. Ltd, and Maeda has also been working with Hannover Bank and Goldman Sachs. Mr Maeda holds a BA in Economics from Wesleyan University, Connecticut, US, and a Master of International Affairs at Columbia University, New York.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Tokyo Pn C Acc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price982.8
Offer price1034.5
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSC47
FL Tokyo Pn C Cap
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price342.8
Offer price360.8
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSC84
Data provided by

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