Fact sheet: Orbis Japan Equity USD

Fund information
Fund name
Orbis Japan Equity USD
Fund manager company
Orbis Investment Mgmt Limited
Fund type
No data available.
Fund manager
  • Orbis Investment Management Ltdsince 11/06/1998
Fund objective
Orbis Japan Equity (US $) predominantly hedges its currency exposure into US dollars and has a benchmark of the TOPIX hedged into US dollars.
Benchmark
  • Topix
Investment style
None
Investment method
Shares
Quick stats
1 Year return
2.4%
1 Year rank in sector
32/109
Sector
FO Equity - Japan
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.59%
Fund size
£211m
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.
157
Top in this sector
Fund name1 Year
GAM Star Jap Eq32.2%
Lindsell Train Japnse Eq27.6%
GS Jap Eq Part Pfl24.6%
Eastspring Inv JapFdVal24.1%
Allianz Japan Eq24%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan98%
    Money Market2%
  • Cyclical Goods40%
    Consumer Non-Durables26%
    Communications16%
    Financials11%
    Technology5%
  • Japanese Equities98%
    Money Market2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.7%13.3%11.7%2.4%24.5%123.3%
Sector1.8%8.3%9.7%-0.2%21.6%91.9%
Rank within sector49 / 11713 / 11741 / 11632 / 10937 / 9111 / 84
Quartile2nd1st2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund4.7%11.8%2.5%54.6%20%
Sector2.2%11.8%4.1%43.2%13.9%
Rank within sector31 / 11052 / 10155 / 9111 / 8817 / 83
Quartile2nd3rd3rd1st1st
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.
-1.14
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.
1.22
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.
0.21
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%.
18.19
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.
7.36
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
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.
0.87
Price movement
52 week high47.14
52 week low35.38
Current bid price-
Current offer price-
Current mid price47.14
Region
1Japan98%
2Money Market2%
Industry sector
1Cyclical Goods40%
2Consumer Non-Durables26%
3Communications16%
4Financials11%
5Technology5%
6Net Current Assets2%
Asset type
1Japanese Equities98%
2Money Market2%
Individual holdings
1NEXON CO LTD8.4%
2MITSUBISHI CORP7.4%
3DAITO TRUST CONSTRUCTION CO NPV6.5%
4NISSAN MOTOR CO6.1%
5SUMITOMO MITSUI FINANCIAL GROUP INC6.1%
6SUMITOMO CORP5.3%
7HONDA MOTOR CO4.7%
8NIPPON TELEVISION HLDGS INC4.7%
9INPEX CORP4.6%
Management
Fund manager group
Orbis Investment Mgmt
Fund manager company
Orbis Investment Mgmt Limited
Fund type
No data available.
Fund objective
Orbis Japan Equity (US $) predominantly hedges its currency exposure into US dollars and has a benchmark of the TOPIX hedged into US dollars.
Benchmark
  • Topix
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Orbis Investment Management Ltd11/06/1998The recommendations of a small number of senior analysts, made after a rigorous peer review process, serve as the raw materials for the Orbis Funds. A portfolio construction team then seeks to combine the strongest stock ideas into a portfolio that reflects broader market and portfolio-level considerations. In aggregate, the fund represents what we believe is the best mix of the best ideas across our investment team. William Gray, head of the investment team since 2000, is responsible for the investment process overall.
Compliance
Distributor Status, Reporting Fund Status
Domicile
No data available.
Fund for sale in
Bermuda, United Kingdom, Ireland, Luxembourg, Netherlands, Norway, Offshore, Sweden, South Africa
Orbis Japan Equity USD
Initial charge-
Annual charge0.5%
Min single investment£50,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)0.59%
Bid price-
Offer price-
Mid price47.14
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeOC44
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.