Fact sheet: LO JpnEqFctEnh

Fund information
Fund name
LO Japan Equity Factor Enhanced (JPY) MA
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
LO Funds - Japan Equity Factor Enhanced is a rule-based portfolio. Its long-only Japanese equity strategy has been in place since May 2016. It invests in securities within the Topix universe. It seeks to offer higher riskadjusted returns compared to the Topix index. The investment approach seeks to offer a transparent, systematic and dynamic process combining: i) a factor-based stock selection focusing on Value, Quality and Small Size and ii) a risk-based allocation achieving diversification by equalizing the risk contribution of sectors to the portfolio. The portfolio typically holds around 200 to 300 stocks and is rebalanced on a quarterly basis. Risk management is performed by fund managers at a portfolio level, alongside independent teams who oversee investment, counterparty and operational risks.
Benchmark
  • Topix
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
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.
0.93%
Fund size
£4,317m (£4,471m last year)
Top in this sector
Fund name1 Year
DSBI Lux SICAV DSBIJpnEqFdtlAct55.5%
Eastspring Inv JapFdVal52.6%
Pictet Japanese Equity Opp48%
GAM Star Jap Eq45.7%
Capital Group JEqL45.6%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan99.5%
    Money Market0.5%
  • Others20.9%
    Information Technology11.7%
    Telecommunications11.7%
    Health Care11.4%
    Financials11.2%
  • Japanese Equities99.5%
    Money Market0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%8.6%19%---
Sector0.8%7.7%14.4%26.6%35.8%89.7%
Rank within sector61 / 11739 / 11541 / 114---
Quartile3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2%----
Sector3.2%4.5%11.8%4.1%43.2%
Rank within sector91 / 117----
Quartile4th
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 high11527
52 week low8988
Current bid price-
Current offer price-
Current mid price11486
Region
1Japan99.5%
2Money Market0.5%
Industry sector
1Others20.9%
2Information Technology11.7%
3Telecommunications11.7%
4Health Care11.4%
5Financials11.2%
6Industrials10.1%
7Consumer Discretionary9.5%
8Materials6.9%
9Consumer Staples5%
Asset type
1Japanese Equities99.5%
2Money Market0.5%
Individual holdings
1NTT CORPORATION3.2%
2NTT DOCOMO INC3.2%
3SOFTBANK GROUP CORP2.9%
4KDDI CORP2.4%
5SUMITOMO MITSUI FINANCIAL GROUP INC2.4%
6JAPAN TOBACCO INC2.2%
7MIZUHO FINANCIAL GROUP2.1%
8ASTELLAS PHARMA INC2%
9YAHOO JAPAN CORP1.7%
Management
Fund manager group
Lombard Odier
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund objective
LO Funds - Japan Equity Factor Enhanced is a rule-based portfolio. Its long-only Japanese equity strategy has been in place since May 2016. It invests in securities within the Topix universe. It seeks to offer higher riskadjusted returns compared to the Topix index. The investment approach seeks to offer a transparent, systematic and dynamic process combining: i) a factor-based stock selection focusing on Value, Quality and Small Size and ii) a risk-based allocation achieving diversification by equalizing the risk contribution of sectors to the portfolio. The portfolio typically holds around 200 to 300 stocks and is rebalanced on a quarterly basis. Risk management is performed by fund managers at a portfolio level, alongside independent teams who oversee investment, counterparty and operational risks.
Benchmark
  • Topix
Investment style
Growth
Investment method
Shares
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Sweden
LO Japan Equity Factor Enhanced (CHF) Syst. Hdg MA
Initial charge5%
Annual charge0.45%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price11.3171
CurrencyCHF
Price updated15/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9HG
LO Japan Equity Factor Enhanced (EUR) Syst. Hdg MA
Initial charge5%
Annual charge0.45%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price11.3528
CurrencyEUR
Price updated15/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9HF
LO Japan Equity Factor Enhanced (EUR) Syst. Hdg PA EUR
Initial charge5%
Annual charge0.45%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price11.3133
CurrencyEUR
Price updated15/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEA2W
LO Japan Equity Factor Enhanced (JPY) IA
Initial charge5%
Annual charge0.45%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price11486
CurrencyJPY
Price updated15/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9HD
LO Japan Equity Factor Enhanced (JPY) MA
Initial charge5%
Annual charge0.45%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price11486
CurrencyJPY
Price updated15/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9HC
LO Japan Equity Factor Enhanced (USD) Syst. Hdg MA
Initial charge5%
Annual charge0.45%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price11.4994
CurrencyUSD
Price updated15/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9HE
LO Japan Equity Factor Enhanced (USD) Syst. Hdg SA
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.5102
CurrencyUSD
Price updated15/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC2SS
Data provided by

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