Fact sheet: Lindsell Train Japnse Eq

Fund information
Fund name
Lindsell Train Japanese Equity B Sterling Quoted GBP
Fund manager company
Lindsell Train
Fund type
OEIC
Fund manager
  • Michael Lindsellsince 01/02/2004
Accolades
Fund objective
To increase the value of Shareholders’ capital over the longer term from a focused portfolio of equities primarily quoted on stock markets in Japan. The Fund’s investment performance is compared with the TOPIX (Tokyo Stock Exchange (First Section) Index) in Yen terms.
Benchmark
  • Topix
Investment style
Concentrated
Investment method
Shares
Quick stats
1 Year return
53.2%
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.
0.91%
Fund size
£13,954m (£10,680m 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.
120
Top in this sector
Fund name1 Year
Lindsell Train Japnse Eq53.2%
GAM Star Jap Eq49.2%
RWC NissayJaFo47.7%
GS Jap Eq Part Pfl45%
Aberdeen Gbl Japanese Eq44.6%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan98.2%
    Money Market1.8%
  • Consumer Services43.2%
    Media24.9%
    Pharmaceuticals24.1%
    Financials6%
    Cash & Cash Equivalents1.8%
  • Japanese Equities98.2%
    Cash & Cash Equivalents1.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.7%26.4%28%53.2%80%132.9%
Sector3.3%7.6%5.8%3.1%18.5%80%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund35.8%29.8%1.5%21.9%5.4%
Sector-3.6%11.8%4.1%43.2%13.9%
Rank within sector-----
Quartile
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.
18.18
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.
0.32
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.
1.1
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%.
15.19
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.
17.78
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.
0.64
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.
0.09
Price movement
52 week high2.12
52 week low1.39
Current bid price-
Current offer price-
Current mid price2.12
Region
1Japan98.2%
2Money Market1.8%
Industry sector
1Consumer Services43.2%
2Media24.9%
3Pharmaceuticals24.1%
4Financials6%
5Cash & Cash Equivalents1.8%
Asset type
1Japanese Equities98.2%
2Cash & Cash Equivalents1.8%
Individual holdings
1NINTENDO CO10%
2KAO CORP9.6%
3ASTELLAS PHARMA INC8%
4OBIC BUSINESS CONSULTANT6.7%
5JAPAN EXCHANGE GROUP6%
6HOGY MEDICAL CO5.3%
7KIRIN HLDGS CO LTD5%
8ITO EN4.9%
9SHISEIDO CO4.8%
Management
Fund manager group
Lindsell Train
Fund manager company
Lindsell Train
Fund type
OEIC
Fund objective
To increase the value of Shareholders’ capital over the longer term from a focused portfolio of equities primarily quoted on stock markets in Japan. The Fund’s investment performance is compared with the TOPIX (Tokyo Stock Exchange (First Section) Index) in Yen terms.
Benchmark
  • Topix
Investment style
Concentrated
Investment method
Shares
Fund manager
NameSinceBiography
Michael Lindsell01/02/2004Michael Lindsell is the Investment Adviser to the Close Finsbury Japanese Equity Fund. Michael's career and interest in Japanese equities started over 20 years ago at Lazard Brothers. Successful roles as a Japanese equities fund manager and Head of Japanese equities followed at Scimitar Asset Management Hong Kong, Warburg Asset Management and GT Management's Tokyo office followed over the next 15 years. After being relocated to the UK in 1997, he was appointed head of the combined global product team following the acquisition of GT by INVESCO in 1998. 18 months later, Michael left to establish Lindsell Train Limited, together with Nick Train in 2000.
Compliance
Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Lindsell Train Japanese Equity A Ret GBP
Initial charge4.5%
Annual charge1.15%
Min single investment£200,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)1.73%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price1.0916
CurrencyGBP
Price updated31/10/2009
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCZ88
Lindsell Train Japanese Equity A Ret JPY
Initial charge4.5%
Annual charge1.15%
Min single investment£200,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price336.421
CurrencyJPY
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCF77
Lindsell Train Japanese Equity B Dis JPY
Initial charge4%
Annual charge0.65%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price127.7138
CurrencyJPY
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeOS67
Lindsell Train Japanese Equity B GBP
Initial charge-
Annual charge0.65%
Min single investment£10,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price0.436
CurrencyGBP
Price updated31/10/2009
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKV53
Lindsell Train Japanese Equity B Hedged Dis GBP
Initial charge-
Annual charge0.65%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price1.9132
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNBV3
Lindsell Train Japanese Equity B I GBP
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 price0.4574
CurrencyGBP
Price updated31/10/2009
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKV52
Lindsell Train Japanese Equity B Inst JPY
Initial charge4.5%
Annual charge0.65%
Min single investment£10,000,000
Min regular saving£200,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price145.7229
CurrencyJPY
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeOS66
Lindsell Train Japanese Equity B Sterling Quoted GBP
Initial charge-
Annual charge0.65%
Min single investment£100,000
Min regular saving£200,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price2.1152
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0YMH
Lindsell Train Japanese Equity C USD
Initial charge-
Annual charge0.65%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.3322
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM3PW
Data provided by

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