Fact sheet: Manulife Japanese Growth

Fund information
Fund name
Manulife Japanese Growth AA
Fund manager company
Manulife Global Fund
Fund type
Offshore Fund
Fund managers
  • Manulife Asset Management (Europe)Limitedsince 10/09/1987
  • Hidehiro Tomiokasince 01/05/2009
Fund objective
The sub-fund aims to achieve capital growth principally from a portfolio of Japanese stocks, with the emphasis on larger companies. Scope exists for a proportion of the sub-fund to be invested in warrants. It should be noted that the value of assets invested in warrants is subject to greater fluctuations, warrants being more volatile than ordinary shares.
Benchmark
  • Topix
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
12.4%
1 Year rank in sector
47/110
Sector
FO Equity - Japan
Yield
-
Fund size
£43m (£36m 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.
130
Top in this sector
Fund name1 Year
GAM Star Jap Eq56.2%
Lindsell Train Japnse Eq55.2%
RWC NissayJaFo52.4%
Aberdeen Gbl Japanese Eq50%
GS Jap Eq Part Pfl47.7%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan100%
    Money Market0%
  • Industrials25%
    Financials23.9%
    Consumer Discretionary13.5%
    Consumer Staples11.4%
    Telecommunications Utilities8.7%
  • Japanese Equities100%
    Money Market0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.9%8.7%7%12.4%3.1%28.4%
Sector3.9%8.6%5%6.7%17.8%75.9%
Rank within sector51 / 11650 / 11645 / 11347 / 11079 / 9181 / 84
Quartile2nd2nd2nd2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0.7%12%-6.2%22.3%5.7%
Sector-3.5%11.8%4.1%43.2%13.9%
Rank within sector41 / 11147 / 10387 / 9381 / 8869 / 84
Quartile2nd2nd4th4th4th
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.
-3.51
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.
0.83
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
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%.
14.14
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.
7.87
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.
-0.61
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.
0.71
Price movement
52 week high0.89
52 week low0.72
Current bid price-
Current offer price-
Current mid price0.89
Region
1Japan99.98%
2Money Market0.02%
Industry sector
1Industrials24.97%
2Financials23.91%
3Consumer Discretionary13.46%
4Consumer Staples11.4%
5Telecommunications Utilities8.73%
6Health Care6.47%
7Materials5.97%
8Information Technology3.61%
9Others1.46%
Asset type
1Japanese Equities99.98%
2Money Market0.02%
Individual holdings
1NIPPON TELEGRAPH & TELEPHONE CORP3.28%
2MITSUBISHI UFJ FINANCIAL GROUP3.13%
3TOKIO MARINE HLDGS INC3.08%
4SOFTBANK GROUP CORP2.95%
5EAST JAPAN RAILWAY CO2.78%
6SONY FINANCIAL HOLDINGS INC2.69%
7TDK CORP2.66%
8NIPPON EXPRESS CO2.64%
9RESONA HLDGS INC2.62%
Management
Fund manager group
Manulife Global Fund
Fund manager company
Manulife Global Fund
Fund type
Offshore Fund
Fund objective
The sub-fund aims to achieve capital growth principally from a portfolio of Japanese stocks, with the emphasis on larger companies. Scope exists for a proportion of the sub-fund to be invested in warrants. It should be noted that the value of assets invested in warrants is subject to greater fluctuations, warrants being more volatile than ordinary shares.
Benchmark
  • Topix
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Manulife Asset Management (Europe)Limited10/09/1987
Hidehiro Tomioka01/05/2009Hidehiro joined Morley Management in November 2000. Previously, he worked for INVESCO Asset Management in Japan where he was Director and Head of Research. Prior to his appointment at INVESCO, Hidehiro was Vice President of LGT Asset Management, having previously worked for the Nippon Credit Bank as Vice -President for ten years. Hidehiro gained an MBA in finance from Wharton Business School in Philadelphia and is CMA qualified.
Compliance
Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, United Kingdom, Hong Kong, Luxembourg, Offshore, Singapore
Manulife Japanese Growth A
Initial charge-
Annual charge1.5%
Min single investment£1,560,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price3.4472
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeVH20
Manulife Japanese Growth AA
Initial charge5%
Annual charge1.75%
Min single investment£20,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.8857
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeARA7
Data provided by

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