Fact sheet: MGI Japanese Equity

Fund information
Fund name
MGI Japanese Equity I - 1 EUR
Fund manager company
Mercer Global Investment Mgmt
Fund type
OEIC
Fund manager
No data available.
Fund objective
The fund aims to achieve long-term growth by holding a basket of stocks issued by a range of Japanese listed companies in different countries and industry sectors. A blend of best-in-class specialist fund managers is in place to pursue this objective, and each manager is actively selecting stocks in order to beat their benchmark index.
Benchmark
  • TOPIX
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
4.3%
1 Year rank in sector
31/109
Sector
FO Equity - Japan
Yield
-
Fund size
£817m
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.
132
Top in this sector
Fund name1 Year
GAM Star Jap Eq33.2%
Eastspring Inv JapFdVal27.6%
Lindsell Train Japnse Eq27.1%
Allianz Japan Eq25.4%
Russell IC Japan Equity23.5%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan98.8%
    Money Market1.2%
  • Consumer Discretionary22.7%
    Industrials18.8%
    Financials11.6%
    Information Technology9.2%
    Consumer Staples8.3%
  • International Equities98.8%
    Money Market1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.9%5%10.7%4.3%35.3%72.8%
Sector3.5%7.6%10.7%0.3%23.5%88.9%
Rank within sector55 / 11780 / 11757 / 11631 / 10922 / 9161 / 84
Quartile2nd3rd2nd2nd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund3.2%20.8%7.1%22.1%3.2%
Sector1.7%11.8%4.1%43.2%13.9%
Rank within sector39 / 11012 / 10136 / 9182 / 8876 / 83
Quartile2nd1st2nd4th4th
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.
3.21
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.
0.97
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.
0.4
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%.
15.53
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.
7.89
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.
0.34
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.
0.74
Price movement
52 week high106.86
52 week low79.64
Current bid price-
Current offer price-
Current mid price105.19
Region
1Japan98.76%
2Money Market1.24%
Industry sector
1Consumer Discretionary22.73%
2Industrials18.79%
3Financials11.6%
4Information Technology9.22%
5Consumer Staples8.34%
6Health Care7.65%
7Materials7.33%
8Telecommunications Utilities6.06%
9Real Estate3.59%
Asset type
1International Equities98.76%
2Money Market1.24%
Individual holdings
1TOYOTA MOTOR CORP3.95%
2MITSUBISHI UFJ FINANCIAL GROUP3.75%
3NIPPON TELEGRAPH & TELEPHONE CORP3.05%
4DAIKIN INDUSTRIES2.93%
5SONY CORP2.63%
6KEYENCE CORP2.55%
7SOFTBANK GROUP CORP2.19%
8HONDA MOTOR CO2.17%
9MITSUBISHI CORP2.12%
Management
Fund manager group
Mercer Global Investment Mgmt
Fund manager company
Mercer Global Investment Mgmt
Fund type
OEIC
Fund objective
The fund aims to achieve long-term growth by holding a basket of stocks issued by a range of Japanese listed companies in different countries and industry sectors. A blend of best-in-class specialist fund managers is in place to pursue this objective, and each manager is actively selecting stocks in order to beat their benchmark index.
Benchmark
  • TOPIX
Investment style
No data available.
Investment method
Shares
Fund manager
No data available.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland
MGI Japanese Equity I - 1 EUR
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price105.19
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09B3
MGI Japanese Equity M - 1 EUR
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 price103.21
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09B5
Data provided by

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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.