Fact sheet: Henderson HzJpneseSmCos

Fund information
Fund name
Henderson Horizon Japanese Smaller Companies I2 Acc USD
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund managers
  • Yun Young Leesince 01/01/2005
Fund objective
The investment objective of the Japanese Smaller Companies Fund is to seek long-term capital appreciation by investing at least two-thirds of its total assets in smaller Japanese companies. For this purpose, companies falling within the bottom 25% of their relevant market by way of market capitalisation are considered to be smaller companies. The Fund may invest in OTC markets. Such markets are geographically de-centralised and may be operated and regulated differently from other markets and accordingly may be subject to slightly more risks.
Benchmark
  • Russell/Nomura Small Cap Index
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
28.5%
1 Year rank in sector
3/14
Sector
FO Equity - Small Cap 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
£31,480m (£23,410m 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.
118
Top in this sector
Fund name1 Year
Aberdeen Gbl JapseSmCos47.6%
BNY Mellon Jpn Sml Cap Eq43.7%
PineBridge Japn Sm Cap Eq29.4%
Henderson HzJpneseSmCos28.5%
Allianz Japan Smaller Cos27.1%
...more in FO Equity - Small Cap Japan

Performance snapshot

Holdings snapshot

  • Japan97.1%
    Money Market2.9%
  • Industrials23.3%
    Consumer Discretionary21%
    Materials17.2%
    Information Technology14.8%
    Financials10%
  • Japanese Equities97.1%
    Money Market2.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.2%11.9%13.6%28.5%50.9%103.6%
Sector5.8%5.8%4.3%12.2%35.4%102.4%
Rank within sector13 / 142 / 143 / 143 / 143 / 119 / 11
Quartile4th1st1st1st2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund17.6%17.6%5.5%30.1%13%
Sector0.2%14.9%11.6%49%12.1%
Rank within sector2 / 144 / 1210 / 129 / 117 / 11
Quartile1st2nd4th4th3rd
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.
9.21
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.
0.57
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%.
11.53
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.
10.39
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.
0.35
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.
0.47
Price movement
52 week high53.18
52 week low39.67
Current bid price-
Current offer price-
Current mid price53.09
Region
1Japan97.1%
2Money Market2.9%
Industry sector
1Industrials23.3%
2Consumer Discretionary21%
3Materials17.2%
4Information Technology14.8%
5Financials10%
6Consumer Staples6.6%
7Health Care3%
8Money Market2%
9Energy1.1%
Asset type
1Japanese Equities97.1%
2Money Market2.9%
Individual holdings
1TOKYO STEEL MANUFACTURING CO6.1%
2FANCL CORP4.5%
3NIPPON ELECTRIC GLASS4%
4RELIA INC3.8%
5NIPPON SODA CO3.4%
6J TRUST CO LTD NPV3.3%
7INES CORP3.2%
8KADOKAWA DWANGO CORP3.2%
9TOPY INDUSTRIES3%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund objective
The investment objective of the Japanese Smaller Companies Fund is to seek long-term capital appreciation by investing at least two-thirds of its total assets in smaller Japanese companies. For this purpose, companies falling within the bottom 25% of their relevant market by way of market capitalisation are considered to be smaller companies. The Fund may invest in OTC markets. Such markets are geographically de-centralised and may be operated and regulated differently from other markets and accordingly may be subject to slightly more risks.
Benchmark
  • Russell/Nomura Small Cap Index
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Yun Young Lee01/01/2005Yun-Young Lee joined Henderson in 2005 as a fund manager for Japanese Equities and is based in Singapore. Before joining Henderson, Yun-Young worked at Putnam Investments as an Equity analyst for Japanese small cap sector. Prior to his role at Putnam Investments, he worked for Tokyo Securities and Dow Chemicals. Yun-Young graduated from the Korea Advanced Institute of Science and Technology (KAIST) with an MS in Chemical Engineering and has an MBA from the University of Hawaii at Manoa. He is also a CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, IA Recognised, 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 Japanese Smaller Companies A1 JPY
Initial charge5%
Annual charge1.2%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price1926
CurrencyJPY
Price updated20/05/2011
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGQI8
Henderson Horizon Japanese Smaller Companies A2 Acc JPY
Initial charge5%
Annual charge1.2%
Min single investment£350,000
Min regular saving£75,000
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price5098
CurrencyJPY
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGQI9
Henderson Horizon Japanese Smaller Companies A2 Acc USD
Initial charge5%
Annual charge1.2%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price50.24
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHY10
Henderson Horizon Japanese Smaller Companies A2 Hedged Acc USD
Initial charge5%
Annual charge1.2%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price31.65
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFSQW
Henderson Horizon Japanese Smaller Companies H2 Acc USD
Initial charge5%
Annual charge0.6%
Min single investment£750,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price29.05
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFI9N
Henderson Horizon Japanese Smaller Companies I1 JPY
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price2018
CurrencyJPY
Price updated20/05/2011
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGQJ0
Henderson Horizon Japanese Smaller Companies I2 Acc JPY
Initial charge5%
Annual charge1%
Min single investment£150,000,000
Min regular saving£15,000,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price4595.62
CurrencyJPY
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8PN
Henderson Horizon Japanese Smaller Companies I2 Acc USD
Initial charge5%
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 price53.09
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZ655
Henderson Horizon Japanese Smaller Companies I2 Hedged Acc SGD
Initial charge5%
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 price51.59
CurrencySGD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC0VK
Henderson Horizon Japanese Smaller Companies I2 Hedged Acc USD
Initial charge5%
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 price51.12
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC0VL
Henderson Horizon Japanese Smaller Companies I2 SGD
Initial charge5%
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 price58.69
CurrencySGD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7FM
Henderson Horizon Japanese Smaller Companies M2 JPY
Initial charge5%
Annual charge1%
Min single investment£7,000,000,000
Min regular saving£70,000,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price4327.83
CurrencyJPY
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSWL
Henderson Horizon Japanese Smaller Companies X2 Acc USD
Initial charge5%
Annual charge1.2%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.47%
Total expense ratio (TER)2.64%
Bid price-
Offer price-
Mid price46.83
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ654
Henderson Horizon Japanese Smaller Companies Z2 Acc JPY
Initial charge-
Annual charge-
Min single investment£3,500,000,000
Min regular saving£35,000,000
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price5058
CurrencyJPY
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPBH
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