Fact sheet: Legg Mason IFMCJaAl

Fund information
Fund name
Legg Mason IF Martin Currie Japan Alpha X
Fund manager company
Legg Mason Funds ICVC
Fund type
OEIC
Fund managers
  • Claire Marwicksince 01/06/2010
Fund objective
The objective of this Fund is to achieve capital growth, through investment in Japan.
Benchmark
  • Tokyo Stock Exchange Index (TOPIX)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
31.4%
1 Year rank in sector
31/44
Sector
UT Japan
Yield
0.7%
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.
0.95%
Fund size
£73m (£60m 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
Mid price
154.5
Top in this sector
Fund name1 Year
Henderson Japan Opportunities46.5%
Man GLG Japan Core Alpha44%
Baillie Gifford Japanese43%
M&G Japan42.6%
Neptune Jap Inst42.3%
...more in UT Japan

Performance snapshot

Holdings snapshot

  • Japan99.5%
    Money Market0.6%
  • Industrials27.6%
    Consumer Discretionary23%
    Information Technology16.5%
    Financials12.8%
    Telecommunications Utilities5.5%
  • Japanese Equities99.5%
    Cash & Cash Equivalents0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%0.5%5.7%31.4%54.6%87.1%
Sector1.7%0.3%5.9%33%65.5%105.3%
Rank within sector28 / 4618 / 4518 / 4531 / 4437 / 3935 / 36
Quartile3rd2nd2nd3rd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund4.4%22.8%14.5%-8%27.8%
Sector4.5%24%15.8%0.8%26.2%
Rank within sector17 / 4526 / 4426 / 4139 / 3916 / 36
Quartile2nd3rd3rd4th2nd
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.
-2.71
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.
1.01
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.
0.87
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%.
12.96
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.
3.66
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.
-0.69
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.
0.92
Price movement
52 week high160.3
52 week low117.3
Current bid price-
Current offer price-
Current mid price154.5
Region
1Japan99.45%
2Money Market0.55%
Industry sector
1Industrials27.63%
2Consumer Discretionary23.02%
3Information Technology16.47%
4Financials12.84%
5Telecommunications Utilities5.51%
6Real Estate3.58%
7Consumer Staples3.28%
8Health Care2.58%
9Materials2.51%
Asset type
1Japanese Equities99.45%
2Cash & Cash Equivalents0.55%
Individual holdings
1MITSUBISHI UFJ FINANCIAL GROUP6.39%
2KEYENCE CORP3.99%
3NITORI HLDGS CO LTD3.49%
4KOMATSU3.28%
5SUNDRUG CO3.27%
6SUZUKI MOTOR CORP3.23%
7KDDI CORP3.1%
8MITSUBISHI ELECTRIC CORP3.08%
9RESONA HLDGS INC3.07%
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 Japan.
Benchmark
  • Tokyo Stock Exchange Index (TOPIX)
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Claire Marwick01/06/2010Claire is a portfolio manager for our Japan long/short strategy and lead manager of our Japan long-only strategy. She has investment experience for 14 years. She joined Martin Currie's Japan team in 2007 as an investment analyst and became a portfolio manager in 2010. She previously worked with the Alliance Trust in Hong Kong, where she analysed Japanese equities. Claire started her career with UBS, working in mergers and acquisitions in London and Tokyo. She is a CFA® charterholder. Claire graduated from the University of Cambridge with a degree in astrophysics and she holds an MBA from the Harvard Business School
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Greece
Legg Mason IF Martin Currie Japan Alpha A
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price144.1
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQJ93
Legg Mason IF Martin Currie Japan Alpha B
Initial charge-
Annual charge1%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price133.8
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMFVH
Legg Mason IF Martin Currie Japan Alpha X
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price154.5
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQJ62
Legg Mason IF Martin Currie Japan Alpha 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)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price188.8
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHYB5
Data provided by

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