Fact sheet: PineBridge Jp New Horizon Eq

Fund information
Fund name
PineBridge Japan New Horizon Equity Y USD
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund managers
  • Hiroyuki Saitosince 30/06/2010
  • Noriko Uminosince 01/01/2016
Fund objective
The fund seeks to achieve capital growth by investing in companies whose assets, products or operations are based in Japan.
Benchmark
  • MSCI Japan DTR Net
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-4.3%
1 Year rank in sector
75/109
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.
2.34%
Fund size
£87m (£38m 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.
126
Top in this sector
Fund name1 Year
GAM Star Jap Eq30.7%
Eastspring Inv JapFdVal28%
Lindsell Train Japnse Eq27.8%
Russell IC Japan Equity24.9%
Allianz Japan Eq23.1%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan99.8%
    Money Market0.2%
  • Information Technology21.2%
    Industrials19.6%
    Consumer Discretionary18.1%
    Financials10.3%
    Consumer Staples9.7%
  • Japanese Equities99.8%
    Money Market0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.4%-0.1%1.4%-4.3%-3%23.3%
Sector3.3%6.8%10.1%0%22.7%90.5%
Rank within sector96 / 117100 / 117101 / 11675 / 10991 / 9184 / 84
Quartile4th4th4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-4.4%10.6%-10.6%23.3%6.6%
Sector1.5%11.8%4.1%43.2%13.9%
Rank within sector86 / 11061 / 10191 / 9177 / 8862 / 83
Quartile4th3rd4th4th3rd
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.
-6.44
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.
-0.01
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%.
12.65
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.
6.29
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.
-1.2
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.
0.79
Price movement
52 week high127.19
52 week low102.47
Current bid price-
Current offer price-
Current mid price121.94
Region
1Japan99.8%
2Money Market0.2%
Industry sector
1Information Technology21.2%
2Industrials19.6%
3Consumer Discretionary18.1%
4Financials10.3%
5Consumer Staples9.7%
6Materials7.9%
7Telecommunications Utilities5.1%
8Real Estate4.2%
9Health Care2.7%
Asset type
1Japanese Equities99.8%
2Money Market0.2%
Individual holdings
1ISUZU MOTORS2.5%
2TOPCON CORP2.2%
3KOITO MANUFACTURING CO2.1%
4NITORI HLDGS CO LTD2.1%
5CASIO COMPUTER CO2%
6SHIMADZU CORP2%
7FUJI ELECTRIC CO LTD1.9%
8DAIKYO INC1.8%
9KAKAKU.COM. INC1.8%
Management
Fund manager group
PineBridge Investments
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund objective
The fund seeks to achieve capital growth by investing in companies whose assets, products or operations are based in Japan.
Benchmark
  • MSCI Japan DTR Net
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Hiroyuki Saito30/06/2010Hiroyuki Saito joined the AIG in the year 2002. He has over 18 yeras of experience in the investment management.
Noriko Umino01/01/2016Umino joined AIG Global Investment Corp in July 2005 and is a portfolio manager for the Japan mid/small cap strategy. Prior to joining AIGGIG, she was a senior investment manager for 14 years at Credit Agricole Asset Management Japan Ltd., where she was responsible for Japanese smaller stocks. Umino's professional investing experience started in 1987 at Jardine Fleming Securities Japan Ltd. where she held research responsibilities covering land transportation and mid/small cap equities.
Compliance
Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Czech Republic, Germany, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Macau, Netherlands, Offshore, Singapore, Slovakia, Sweden, Taiwan - Province Of China
PineBridge Japan New Horizon Equity A USD
Initial charge5%
Annual charge1.8%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.3971
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYN41
PineBridge Japan New Horizon Equity A3 JPY
Initial charge5%
Annual charge1.8%
Min single investment£125,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price896.9146
CurrencyJPY
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQS87
PineBridge Japan New Horizon Equity Y USD
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price121.9354
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA094
PineBridge Japan New Horizon Equity Z
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.0964
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN42A
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