Fact sheet: Oldfield Overstone Japan

Fund information
Fund name
Oldfield Overstone Japan A
Fund manager company
Oldfield Partners LLP
Fund type
OEIC
Fund manager
  • Robert Whitesince 28/09/2007
Fund objective
This fund attempts to achieve over the long term a total return in excess of that of the Tokyo Stock Exchange First Section Index (TOPIX) (with net dividends reinvested) through investment in a concentrated portfolio of equities of large and medium sized companies in Japan.
Benchmark
  • Topix
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
5.2%
1 Year rank in sector
49/111
Sector
FO Equity - Japan
Yield
-
Fund size
£9m
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.
124
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

  • Japan96.6%
    Money Market3.4%
  • Electronic & Electrical Equipment15.9%
    Construction9.7%
    Retail9.4%
    Communications9.1%
    Transport Equipment8.7%
  • Japanese Equities96.6%
    Money Market3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%9.7%6.6%5.2%18.2%47.2%
Sector3.3%7.6%5.8%3.1%18.5%80%
Rank within sector111 / 11733 / 11742 / 11449 / 11134 / 9272 / 85
Quartile4th2nd2nd2nd2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund1.9%12.8%-0.8%23.4%8.7%
Sector-3.6%11.8%4.1%43.2%13.9%
Rank within sector37 / 11242 / 10571 / 9477 / 8955 / 85
Quartile2nd2nd4th4th3rd
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.
1.53
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.
0.82
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.
0.33
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%.
13.7
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.
7.42
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.
0.01
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 high93.76
52 week low75.36
Current bid price-
Current offer price-
Current mid price91.97
Region
1Japan96.6%
2Money Market3.4%
Industry sector
1Electronic & Electrical Equipment15.9%
2Construction9.7%
3Retail9.4%
4Communications9.1%
5Transport Equipment8.7%
6Machinery8.1%
7Others7%
8Banks6.1%
9Wholesale5.1%
Asset type
1Japanese Equities96.6%
2Money Market3.4%
Individual holdings
1MITSUBISHI UFJ FINANCIAL GROUP6.1%
2SEVEN & I HOLDINGS CO LTD5.3%
3MITSUBISHI CORP5.1%
4NTT DOCOMO INC5.1%
5HITACHI5%
Management
Fund manager group
Oldfield Partners
Fund manager company
Oldfield Partners LLP
Fund type
OEIC
Fund objective
This fund attempts to achieve over the long term a total return in excess of that of the Tokyo Stock Exchange First Section Index (TOPIX) (with net dividends reinvested) through investment in a concentrated portfolio of equities of large and medium sized companies in Japan.
Benchmark
  • Topix
Investment style
Active
Investment method
Shares
Fund manager
NameSinceBiography
Robert White28/09/2007Robert was Head of Equity Brokerage at Commerz Securities in Tokyo. Previously, he was President and head of Japanese equity investment at INVESCO Asset Management, Tokyo; Senior Representative and head of Japanese equity investment at Warburg Investment Management, Tokyo; as well as periods in London as head of institutional sales and Japanese equity market strategy at both Jefferies International and W.I.Carr (Overseas).
Compliance
Distributor Status, Reporting Fund Status
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore, United States
Oldfield Overstone Japan A
Initial charge-
Annual charge1.25%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price91.97
CurrencyUSD
Price updated13/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE6G9
Oldfield Overstone Japan I
Initial charge-
Annual charge0.9%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price133.42
CurrencyUSD
Price updated13/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIZV6
Data provided by

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