Fact sheet: Fidelity Index Japan

Fund information
Fund name
Fidelity Index Japan W
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund managers
  • Geode Capital Managementsince 27/03/2014
Fund objective
Aims to achieve long term capital growth by closely matching the performance of the MSCI Japan Index and to hold company shares that represent the benchmark index. It may use stock index futures to achieve the investment objective. It can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile.
Benchmark
  • MSCI Japan Net Total Return Index
Investment style
Passive/Tracking,Growth
Investment method
Shares, Physical - Full
Quick stats
1 Year return
21.2%
1 Year rank in sector
22/47
Sector
UT Japan
Yield
1.3%
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.
0.12%
Fund size
£109m (£89m 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.
119
Mid price
150.59
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

  • Japan100%
  • Consumer Discretionary21%
    Industrials20.2%
    Financials12.7%
    Information Technology10.6%
    Health Care8%
  • Japanese Equities100%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.3%5.9%22.4%21.2%--
Sector-5%6.7%20.5%21.6%41.1%85.3%
Rank within sector16 / 4931 / 4916 / 4722 / 47--
Quartile2nd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund21.3%13.9%---
Sector21.1%15.8%0.8%26.2%3.3%
Rank within sector20 / 4736 / 44---
Quartile2nd4th
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 high157.95
52 week low107.33
Current bid price-
Current offer price-
Current mid price150.59
Region
1Japan100%
Industry sector
1Consumer Discretionary21%
2Industrials20.2%
3Financials12.7%
4Information Technology10.6%
5Health Care8%
6Consumer Staples7.9%
7Telecommunications Utilities6.1%
8Materials5.9%
9Real Estate4.7%
Asset type
1Japanese Equities100%
Individual holdings
1TOYOTA MOTOR CORP5.11%
2MITSUBISHI UFJ FINANCIAL GROUP2.19%
3SOFTBANK GROUP CORP1.99%
4KDDI CORP1.84%
5HONDA MOTOR CO1.62%
6SUMITOMO MITSUI FINANCIAL GROUP INC1.55%
7JAPAN TOBACCO INC1.38%
8SONY CORP1.34%
9MIZUHO FINANCIAL GROUP1.33%
Management
Fund manager group
No data available.
Fund manager company
Fidelity International (FIL In
Fund type
OEIC
Fund objective
Aims to achieve long term capital growth by closely matching the performance of the MSCI Japan Index and to hold company shares that represent the benchmark index. It may use stock index futures to achieve the investment objective. It can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile.
Benchmark
  • MSCI Japan Net Total Return Index
Investment style
Passive/Tracking,Growth
Investment method
Shares, Physical - Full
Fund managers
NameSinceBiography
Geode Capital Management27/03/2014Nick Peters is Portfolio Manager in the Investment Solutions Group. Nick has 20 years of industry experience and joined Fidelity in 2012. Prior to joining Fidelity, Nick was a member of the multi-manager team at Barclays Wealth, responsible for UK and European Equities. He joined Barclays in 2010 from BAE Systems Pension Fund where he was responsible for the fund's external managers across asset classes. Prior to joining BAE Systems in 2009, Nick was an Equity Portfolio Manager at Henderson Global Investors. He was a Director within the Multi Strategy Equity team. He joined AMP Asset Management (which later merged with Henderson) in 1993. Nick holds a BA (Hons) in Economics and Statistics from Exeter University and is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW).
Compliance
FE Passive Rateable, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
France, United Kingdom, Guernsey, Ireland, Jersey
Fidelity Index Japan P Acc
Initial charge-
Annual charge0.1%
Min single investment£500
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price140.8
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK1XK
Fidelity Index Japan P Inc
Initial charge-
Annual charge0.1%
Min single investment£500
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price136.91
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKOGX
Fidelity Index Japan W
Initial charge-
Annual charge0.12%
Min single investment£500
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price150.59
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKEXC
Fidelity Index Japan W Inc
Initial charge-
Annual charge0.12%
Min single investment£500
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price136.91
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKOGW
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.