Fact sheet: Henderson Hz Japanese Eq

Fund information
Fund name
Henderson Horizon Japan Opportunities I2 Acc USD
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund managers
  • Henderson Japanese Equity Teamsince 30/09/2014
Fund objective
The investment objective of the Japan Opportunities Fund is to seek long-term capital appreciation by investing primarily in equity and equity related securities of Japanese companies across a variety of sectors. The Fund is not restricted in the size of the companies in which it can invest.
Benchmark
  • Tokyo SE First Section Index
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
9.6%
1 Year rank in sector
23/109
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%
Fund size
£54m (£46m 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.
136
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

  • Japan94.2%
    Money Market5.8%
  • Information Technology21.1%
    Financials18%
    Consumer Discretionary16%
    Industrials13.5%
    Consumer Staples6.8%
  • Japanese Equities94.2%
    Money Market5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%2.4%15.1%9.6%23.9%61.7%
Sector4.1%7%10.7%0.7%23.7%89.8%
Rank within sector75 / 11790 / 11732 / 11623 / 10947 / 9168 / 84
Quartile3rd4th2nd1st3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund10.9%14.1%-4.5%31%3.8%
Sector2.3%11.8%4.1%43.2%13.9%
Rank within sector22 / 11034 / 10181 / 9154 / 8874 / 83
Quartile1st2nd4th3rd4th
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.
-0.05
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.
0.99
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.
0.19
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%.
15.6
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.
7.33
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.
-0.04
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.
0.77
Price movement
52 week high16.56
52 week low12.07
Current bid price-
Current offer price-
Current mid price16.54
Region
1Japan94.2%
2Money Market5.8%
Industry sector
1Information Technology21.1%
2Financials18%
3Consumer Discretionary16%
4Industrials13.5%
5Consumer Staples6.8%
6Materials6.2%
7Real Estate6.1%
8Money Market5.8%
9Health Care3.4%
Asset type
1Japanese Equities94.2%
2Money Market5.8%
Individual holdings
1FUJITSU4.7%
2DISCO CORP3.7%
3DON QUIJOTE HLDGS CO LTD3.7%
4EAST JAPAN RAILWAY CO3.6%
5MURATA MANUFACTURING CO3.6%
6DENSO CORP3.5%
7KOSE3.5%
8FANUC CORP3.4%
9SEIBU HOLDINGS INC.3.4%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund objective
The investment objective of the Japan Opportunities Fund is to seek long-term capital appreciation by investing primarily in equity and equity related securities of Japanese companies across a variety of sectors. The Fund is not restricted in the size of the companies in which it can invest.
Benchmark
  • Tokyo SE First Section Index
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Henderson Japanese Equity Team30/09/2014The Japanese Equities team at Henderson is a team of five investment professionals. Research is shared on a single platform, and team members regularly work together to exchange ideas. The Japanese Equities team is an experienced, specialist and successful team with an average of twenty years industry experience.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Greece, Hong Kong, Isle of Man, Ireland, Italy, Liechtenstein, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Henderson Horizon Japan Opportunities A1 EUR
Initial charge5%
Annual charge1.2%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price6.86
CurrencyEUR
Price updated20/05/2011
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZ657
Henderson Horizon Japan Opportunities A1 GBP
Initial charge5%
Annual charge1.2%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price6.02
CurrencyGBP
Price updated20/05/2011
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZ659
Henderson Horizon Japan Opportunities A1 Inc JPY
Initial charge5%
Annual charge1.2%
Min single investment£350,000
Min regular saving£75,000
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price736
CurrencyJPY
Price updated02/10/2012
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZ658
Henderson Horizon Japan Opportunities A2 Acc USD
Initial charge5%
Annual charge1.2%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price15
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHY11
Henderson Horizon Japan Opportunities H2 Acc USD
Initial charge5%
Annual charge0.6%
Min single investment£750,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.03
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFI9P
Henderson Horizon Japan Opportunities I1 Inc USD
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price10.3
CurrencyUSD
Price updated02/10/2012
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeZ662
Henderson Horizon Japan Opportunities I2 Acc USD
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price16.54
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZ661
Henderson Horizon Japan Opportunities I2 Hedged Acc USD
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price16.52
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE43X
Henderson Horizon Japan Opportunities X2 Acc USD
Initial charge-
Annual charge1.2%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.49%
Total expense ratio (TER)2.59%
Bid price-
Offer price-
Mid price14.02
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ660
Data provided by

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