Fact sheet: MU Japan Equity Value

Fund information
Fund name
MU Japan Equity Value A JPY
Fund manager company
Mitsubishi UFJ Ast Mgt UK Ltd
Fund type
No data available.
Fund managers
  • Andrew Jennersince 31/03/2006
  • Noriyuki Okamotosince 31/05/2012
Fund objective
The primary investment objective is to obtain totalreturns by investing in Japanese equities.Enhanced returns are sought by applying coherent valuation framework to the entire marketwhile using consensus forecasts, for a full and fairview on all stocks. Our proprietary valuation model derives a marketimplied rate of return for all sectors and market capsizes, and from these we arrive at the fair value foreach stock. The universe of stocks is then optimised forimplied rate of return, within the constraints of agiven set of risk attributes to produce a portfoliowith value characteristics.
Benchmark
  • Topix
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
-5.2%
1 Year rank in sector
79/109
Sector
FO Equity - Japan
Yield
-
Fund size
£6,400m (£9,750m 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.
111
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

  • Japan100%
  • Others57.5%
    Electronic & Electrical Equipment15.2%
    Other Metals6.9%
    Banks5.6%
    Textiles & Apparel5%
  • Japanese Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund7.9%10.3%12.2%-5.2%20.8%101.8%
Sector3.5%7.6%10.7%0.3%23.5%88.9%
Rank within sector36 / 11731 / 11744 / 11679 / 10954 / 9125 / 84
Quartile2nd2nd2nd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-5.2%11.8%8.2%53.2%17.6%
Sector1.7%11.8%4.1%43.2%13.9%
Rank within sector92 / 11051 / 10129 / 9116 / 8829 / 83
Quartile4th3rd2nd1st2nd
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.
1.89
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.
0.67
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.
0.14
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%.
16.2
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.
13.86
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.
-0.07
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.
0.32
Price movement
52 week high10485.98
52 week low8364.63
Current bid price-
Current offer price-
Current mid price10390.79
Region
1Japan100%
Industry sector
1Others57.5%
2Electronic & Electrical Equipment15.2%
3Other Metals6.9%
4Banks5.6%
5Textiles & Apparel5%
6Insurance4.6%
7Chemicals3.2%
8Machinery1%
9Real Estate1%
Asset type
1Japanese Equities100%
Individual holdings
1SUMITOMO MITSUI FINANCIAL GROUP INC3.8%
2HITACHI3.1%
3MITSUBISHI ELECTRIC CORP3.1%
4FUJI HEAVY INDUSTRIES3%
5DAI-ICHI LIFE HLDGS INC2.9%
6AJINOMOTO CO INC2.7%
7SEIKO EPSON CORP2.7%
8TORAY INDUSTRIES INC2.7%
9SUNDRUG CO2.6%
Management
Fund manager group
Mitsubishi UFJ Ast Mgt UK
Fund manager company
Mitsubishi UFJ Ast Mgt UK Ltd
Fund type
No data available.
Fund objective
The primary investment objective is to obtain totalreturns by investing in Japanese equities.Enhanced returns are sought by applying coherent valuation framework to the entire marketwhile using consensus forecasts, for a full and fairview on all stocks. Our proprietary valuation model derives a marketimplied rate of return for all sectors and market capsizes, and from these we arrive at the fair value foreach stock. The universe of stocks is then optimised forimplied rate of return, within the constraints of agiven set of risk attributes to produce a portfoliowith value characteristics.
Benchmark
  • Topix
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Andrew Jenner31/03/2006ANDREW JENNER, is an Director, Head of Investment .He holds a BA, Engineering Science from Oxford University He has a experience of 27 years in investment,from 1983 Provident Mutual Life Assurance, from 1985 Legal and General Insurance Co. Ltd, from 1987 NatWest Investment Management Director of International Equities Director of European Equities Head of Japanese Equity Desk (London) Japanese Equity Fund Manager Tokyo, and from 1996 Mitsubishi UFJ Asset Management UK.
Noriyuki Okamoto31/05/2012
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, France, United Kingdom, Ireland, Italy, Netherlands, Offshore, Sweden
MU Japan Equity Value A JPY
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10390.7886
CurrencyJPY
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMVY4
MU Japan Equity Value A USD
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price91.3034
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMVY3
MU Japan Equity Value B JPY
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price17936.6353
CurrencyJPY
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0H8H
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.