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
38.7%
1 Year rank in sector
7/44
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.
1.01%
Fund size
£559m (£413m 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.
201
Mid price
320.7
Top in this sector
Fund name1 Year
Baillie Gifford Japanese45.9%
Neptune Jap Inst45.4%
Man GLG Japan Core Alpha44.9%
M&G Japan42.9%
Henderson Japan Opportunities42.9%
...more in UT Japan

Performance snapshot

Holdings snapshot

  • Japan97.3%
    Money Market2.7%
  • Health Care36.1%
    Information Technology14.3%
    Consumer Discretionary14.1%
    Industrials11.1%
    Financials10.8%
  • Japanese Equities97.3%
    Cash & Cash Equivalents2.7%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund12.8%-10.1%-11.3%38.7%92.6%268%
Sector4.4%3.4%16.2%34.1%48.8%93.1%
Rank within sector1 / 4646 / 4645 / 457 / 441 / 391 / 36
Quartile1st4th4th1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.1%29.2%50.5%-0.6%64.8%
Sector3.5%24%15.8%0.8%26.2%
Rank within sector41 / 467 / 441 / 4130 / 391 / 36
Quartile4th1st1st4th1st
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.
15.52
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.
21.2
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.
0.49
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 price320.7
Region
1Japan97.26%
2Money Market2.74%
Industry sector
1Health Care36.1%
2Information Technology14.27%
3Consumer Discretionary14.1%
4Industrials11.13%
5Financials10.81%
6Consumer Staples7.56%
7Cash & Cash Equivalents2.74%
8Utilities1.99%
9Real Estate1.3%
Asset type
1Japanese Equities97.26%
2Cash & Cash Equivalents2.74%
Individual holdings
1PEPTIDREAM INC9.94%
2NIHON M&A CENTER INC9.25%
3M3 INC6.05%
4SOSEI GROUP CORP5.44%
5START TODAY CO LTD5.06%
6SMS CO LTD4.9%
7CYBERDYNE INC4.6%
8DON QUIJOTE HLDGS CO LTD4.43%
9WELCIA HOLDINGS CO LTD4.19%
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 price490.9
CurrencyGBX
Price updated12/01/2017
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 price158.3
CurrencyGBX
Price updated12/01/2017
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 price530
CurrencyGBX
Price updated12/01/2017
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)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price320.7
CurrencyGBX
Price updated12/01/2017
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 price245.5
CurrencyGBX
Price updated12/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeICHP
Data provided by

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