Fact sheet: Goodhart Partners MichnriJpEq

Fund information
Fund name
Goodhart Partners Michinori Japan Equity A GBP
Fund manager company
Lemanik Asset Management S.A
Fund type
Offshore Fund
Fund manager
  • Sean Lenihansince 01/01/2013
Fund objective
The Sub-Fund aims to achieve significant capital growth over the long term (at least five years) through investing in a portfolio of Japanese equities. The relevant benchmark for assessing performance over the long term is the Tokyo Stock Exchange Tokyo Price Index (the “TOPIX”).
Benchmark
  • Topix
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
17.8%
1 Year rank in sector
4/19
Sector
FO Equity - Asia Pacific inc Japan
Yield
-
Fund size
£8,371m
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.
139
Top in this sector
Fund name1 Year
Fidelity Pacific25.3%
Matthews Asia Asia Div24.9%
Allianz Oriental Inc22.7%
Goodhart Partners MichnriJpEq17.8%
State Street AsPacVal Spotlight6.6%
...more in FO Equity - Asia Pacific inc Japan

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.1%8.7%16.6%17.8%--
Sector-1.9%1%8.8%5.8%10.3%38.5%
Rank within sector14 / 202 / 205 / 194 / 19--
Quartile3rd1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund15.6%26.3%---
Sector7.5%0.5%2.9%10.8%15%
Rank within sector4 / 191 / 18---
Quartile1st1st
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 high16.18
52 week low10.95
Current bid price-
Current offer price-
Current mid price15.49
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Lemanik Asset Management
Fund manager company
Lemanik Asset Management S.A
Fund type
Offshore Fund
Fund objective
The Sub-Fund aims to achieve significant capital growth over the long term (at least five years) through investing in a portfolio of Japanese equities. The relevant benchmark for assessing performance over the long term is the Tokyo Stock Exchange Tokyo Price Index (the “TOPIX”).
Benchmark
  • Topix
Investment style
No data available.
Investment method
Shares
Fund manager
NameSinceBiography
Sean Lenihan01/01/2013"Sean is CIO Japan Equity at Goodhart Partners. He is a permanent resident of Japan, where he has lived for the past 25 years. He is a graduate of Cambridge University, with an MA in Economics and is fluent in Japanese. He has been an analyst and portfolio manager of Japanese small, mid and large cap equity portfolios for over twenty years. After spending five years working with Yasuda Trust and Banking in their Head Office and Shibuya Branch in Tokyo in the late 1980s, Sean moved to Schroder Investment Management Japan (“Schroders”) where he worked first as a Large Cap Analyst before moving on to focus on small and mid-cap portfolios as an Analyst/Portfolio Manager. After seven years with Schroders Sean joined Scudder Investments (“Scudder”) as the Sub-Portfolio Manager for all of Scudder’s Japanese equity portfolios. He was subsequently promoted to Lead Portfolio Manager after Deutsche Asset Management’s acquisition of Scudder, with responsibility for managing Japanese assets of USD 3-4 billion. Sean left Deutsche to join Wellington Management, where he was a Portfolio Manager and was subsequently promoted to Associate Partner. More recently he was a Portfolio Manager for Atlantis Investment Research Corporation (“AIRC”), from where he sub-advised the Hanjo Fund, before joining Goodhart directly in January 2013."
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore
Goodhart Partners Michinori Japan Equity A GBP
Initial charge-
Annual charge1.25%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.489
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKRBI
Goodhart Partners Michinori Japan Equity A JPY
Initial charge-
Annual charge1.25%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1300.253
CurrencyJPY
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKRBH
Data provided by

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