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
  • Hidehiro Tomiokasince 30/04/2009
  • Manulife Asset Management (Europe)Limitedsince 09/09/1987
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
-0.2%
1 Year rank in sector
51/109
Sector
FO Equity - Japan
Yield
-
Fund size
£41m (£43m 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.
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

  • Japan98.9%
    Money Market1.1%
  • Consumer Discretionary24.1%
    Industrials20.8%
    Financials13.6%
    Health Care9.6%
    Telecommunications Utilities8.9%
  • Japanese Equities98.9%
    Money Market1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-0.3%3.5%-0.2%4.9%30.1%
Sector3.5%7.6%10.7%0.3%23.5%88.9%
Rank within sector89 / 117107 / 11797 / 11651 / 10982 / 9182 / 84
Quartile4th4th4th2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-1.7%12%-6.2%22.3%5.7%
Sector1.7%11.8%4.1%43.2%13.9%
Rank within sector70 / 11047 / 10185 / 9181 / 8867 / 83
Quartile3rd2nd4th4th4th
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.
-4
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.
0.81
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%.
13.66
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.
8.14
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.
-0.65
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.
0.67
Price movement
52 week high0.89
52 week low0.72
Current bid price-
Current offer price-
Current mid price0.85
Region
1Japan98.89%
2Money Market1.11%
Industry sector
1Consumer Discretionary24.09%
2Industrials20.8%
3Financials13.59%
4Health Care9.55%
5Telecommunications Utilities8.9%
6Consumer Staples5.93%
7Information Technology5.45%
8Real Estate5.33%
9Materials5.25%
Asset type
1Japanese Equities98.89%
2Money Market1.11%
Individual holdings
1SUMITOMO MITSUI FINANCIAL GROUP INC5.96%
2NISSAN MOTOR CO4.89%
3KDDI CORP4.66%
4MITSUI FUDOSAN4.1%
5DAI-ICHI LIFE HLDGS INC3.93%
6ROYAL BK SCOT GRP NON-CUM STG PRF GBP0.013.66%
7SOFTBANK GROUP CORP3.59%
8JAPAN TOBACCO INC3.06%
9RECRUIT HLDGS CO LTD2.94%
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
Hidehiro Tomioka30/04/2009Hidehiro 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.
Manulife Asset Management (Europe)Limited09/09/1987
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 price3.3566
CurrencyUSD
Price updated05/12/2016
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 price0.8547
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeARA7
Data provided by

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