Fact sheet: Fidelity Japan

Fund information
Fund name
Fidelity Japan A JPY
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Hiroyuki Itosince 31/05/2014
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in Japanese company shares. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. 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. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • Tokyo Stock ExchangeTOPIX Total Return Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-8.4%
1 Year rank in sector
99/109
Sector
FO Equity - 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.
1.94%
Fund size
£36,056m (£49,898m 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.
127
Top in this sector
Fund name1 Year
Eastspring Inv JapFdVal34.6%
GAM Star Jap Eq32.3%
Lindsell Train Japnse Eq30%
Russell IC Japan Equity28.1%
JOHCM Japan27%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan97.2%
    Money Market2.8%
  • Others28.5%
    Electronic & Electrical Equipment11.9%
    Services10.7%
    Transport Equipment9.6%
    Communications9.2%
  • Japanese Equities97.2%
    Money Market2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund8.5%9.7%6.7%-8.4%13.8%83.9%
Sector5%8.3%11.2%2.4%25.1%92.6%
Rank within sector35 / 11756 / 11781 / 11699 / 10967 / 9153 / 84
Quartile2nd2nd3rd4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-6.1%8.2%7.3%45.4%18.2%
Sector3.4%11.8%4.1%43.2%13.9%
Rank within sector99 / 11082 / 10135 / 9142 / 8825 / 83
Quartile4th4th2nd2nd2nd
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.
-3.67
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.
1.13
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
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%.
17.05
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.
7.26
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.
-0.44
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.
0.84
Price movement
52 week high192.6
52 week low147.8
Current bid price-
Current offer price-
Current mid price176.4
Region
1Japan97.2%
2Money Market2.8%
Industry sector
1Others28.5%
2Electronic & Electrical Equipment11.9%
3Services10.7%
4Transport Equipment9.6%
5Communications9.2%
6Chemicals8.5%
7Machinery5.8%
8Banks5%
9Textiles & Apparel4.2%
Asset type
1Japanese Equities97.2%
2Money Market2.8%
Individual holdings
1HONDA MOTOR CO4.25%
2RECRUIT HLDGS CO LTD3.89%
3ORIX CORP3.83%
4TOYOTA MOTOR CORP3.74%
5CYBERAGENT INC3.48%
6MITSUBISHI UFJ FINANCIAL GROUP3.31%
7NIPPON TELEGRAPH & TELEPHONE CORP3.14%
8SONY CORP3.07%
9RAKUTEN2.89%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in Japanese company shares. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. 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. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • Tokyo Stock ExchangeTOPIX Total Return Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Hiroyuki Ito31/05/2014Ito joined the Investment Adviser in October 2005 as portfolio manager on the Japan Active Equity team. Prior to joining the Investment Adviser, from 2000 to 2005, Mr. Ito worked as Chief Portfolio Manager managing Japanese large cap equity institutional separate accounts and mutual funds at DLIBJ Asset Management, a member of Mizuho Financial Group.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, SRS, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Guernsey, Hong Kong, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Peru, Portugal, Qatar, Saudi Arabia, Singapore, Sweden, Taiwan - Province Of China, South Africa
Fidelity Japan A Acc EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price9.665
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD819
Fidelity Japan A Acc SGD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price2.2015
CurrencySGD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBZJ5
Fidelity Japan A EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price1.447
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFX22
Fidelity Japan A Hedged Acc USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.66
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFLJ
Fidelity Japan A JPY
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price176.4
CurrencyJPY
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJ04
Fidelity Japan A SGD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price0.637
CurrencySGD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA2D0
Fidelity Japan E Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.56
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC7C2
Fidelity Japan Y Acc JPY
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price844.1
CurrencyJPY
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFK3
Fidelity Japan Y Dis EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.28
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBMOC
Fidelity Japan Y Hedged Acc USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.7
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8ZX
Data provided by

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