Fact sheet: Legg Mason IFJaEq

Fund information
Fund name
Legg Mason IF Japan Equity X
Fund manager company
Legg Mason Funds ICVC
Fund type
OEIC
Fund manager
  • Hideo Shiozumisince 21/10/1996
Accolades
Fund objective
The objective of this Fund is to achieve capital growth through investment in securities of Japanese companies.
Benchmark
  • Tokyo Stock Exchange Index (TOPIX)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
21.4%
1 Year rank in sector
36/44
Sector
UT 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.
1.76%
Fund size
£485m (£366m 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.
200
Mid price
278.8
Top in this sector
Fund name1 Year
Man GLG Japan Core Alpha38.3%
M&G Japan37.2%
Neptune Jap Inst35%
Baillie Gifford Japanese34.7%
Henderson Japan Opportunities34.1%
...more in UT Japan

Performance snapshot

Holdings snapshot

  • Japan98.6%
    Money Market1.4%
  • Health Care37.6%
    Information Technology14.1%
    Consumer Discretionary13.9%
    Industrials10.8%
    Financials10.8%
  • Japanese Equities98.6%
    Cash & Cash Equivalents1.4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-16.4%-13.5%-16.1%21.4%74%215.5%
Sector-1%6%20.5%24.1%44.9%84.4%
Rank within sector46 / 4646 / 4644 / 4436 / 441 / 391 / 36
Quartile4th4th4th4th1st1st
Calendar performance
 YTD - 20162015201420132012
Fund15.8%50.5%-0.6%64.8%8.7%
Sector22.1%15.8%0.8%26.2%3.3%
Rank within sector40 / 441 / 4130 / 391 / 364 / 36
Quartile4th1st4th1st1st
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.
15.97
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.
0.8
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.
0.89
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%.
23.71
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.
21.18
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.
0.52
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.
0.19
Price movement
52 week high373.4
52 week low207.5
Current bid price-
Current offer price-
Current mid price278.8
Region
1Japan98.63%
2Money Market1.37%
Industry sector
1Health Care37.57%
2Information Technology14.13%
3Consumer Discretionary13.89%
4Industrials10.83%
5Financials10.78%
6Consumer Staples8.09%
7Utilities2.02%
8Cash & Cash Equivalents1.37%
9Real Estate1.32%
Asset type
1Japanese Equities98.63%
2Cash & Cash Equivalents1.37%
Individual holdings
1PEPTIDREAM INC9.13%
2NIHON M&A CENTER INC8.52%
3SOSEI GROUP CORP7.72%
4M3 INC6.32%
5CYBERDYNE INC4.8%
6START TODAY CO LTD4.53%
7SMS CO LTD4.13%
8WELCIA HOLDINGS CO LTD3.67%
9DIP CORP3.59%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Funds ICVC
Fund type
OEIC
Fund objective
The objective of this Fund is to achieve capital growth through investment in securities of Japanese companies.
Benchmark
  • Tokyo Stock Exchange Index (TOPIX)
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Hideo Shiozumi21/10/1996Hideo Shiozumi has over 40 years' experience in Japanese equities. He was the first Japanese fund manager for a well-known British investment bank and also, in the late 1970s, the first Japanese national in the City of London to be named as a director. Hideo founded Shiozumi Investment Limited in 1990 to exploit the unfolding and attractive opportunity in investing in newly emerging, Japanese growth companies.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Legg Mason IF Japan Equity A
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price426.8
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJY02
Legg Mason IF Japan Equity A Hedged
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price141
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKSDS
Legg Mason IF Japan Equity B
Initial charge-
Annual charge0.9%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price460.8
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUQ48
Legg Mason IF Japan Equity X
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price278.8
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGVDJ
Legg Mason IF Japan Equity X Hedged
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price218.4
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeICHP
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.