Fact sheet: SSgA Japan Equity Tracker

Fund information
Fund name
SSgA Japan Equity Tracker
Fund manager company
SSGA UK
Fund type
Unit Trust
Fund manager
No data available.
Fund objective
The objective of the Fund is to track the performance of the FTSE® All-World Japan Index (the ''Index''), net of unavoidable witholding taxes, as closely as possible on a gross of fees basis.
Benchmark
  • FTSE All-World Japan Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Quick stats
1 Year return
20.4%
1 Year rank in sector
27/47
Sector
UT 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.
0.3%
Fund size
£56m (£40m 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.
129
Top in this sector
Fund name1 Year
Legg Mason IFJaEq31.5%
Baillie Gifford Japanese30.5%
Henderson Japan Opportunities30.2%
Neptune Jap Inst28.3%
Man GLG Japan Core Alpha27.4%
...more in UT Japan

Performance snapshot

Holdings snapshot

  • Japan100%
  • Consumer Goods25.5%
    Industrials21.7%
    Financials15.5%
    Consumer Services11.1%
    Health Care7.6%
  • Japanese Equities100%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.2%6.4%21%20.4%42.4%82.1%
Sector-5%6.7%20.5%21.6%41.1%85.3%
Rank within sector25 / 4924 / 4920 / 4727 / 4720 / 4224 / 39
Quartile3rd2nd2nd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund19.6%17%2.1%24.4%2.3%
Sector21.1%15.8%0.8%26.2%3.3%
Rank within sector29 / 4712 / 4417 / 4220 / 3923 / 39
Quartile3rd2nd2nd3rd3rd
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.
0.55
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.
0.98
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.
0.85
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%.
12.5
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.
2.31
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.
0.1
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.
0.97
Price movement
52 week high1.69
52 week low1.12
Current bid price-
Current offer price-
Current mid price1.6
Region
1Japan100%
Industry sector
1Consumer Goods25.52%
2Industrials21.67%
3Financials15.54%
4Consumer Services11.09%
5Health Care7.63%
6Basic Materials6.09%
7Telecommunications4.81%
8Technology4.73%
9Utilities2.1%
Asset type
1Japanese Equities100%
Individual holdings
1TOYOTA MOTOR CORP4.87%
2MITSUBISHI UFJ FINANCIAL GROUP2.17%
3KDDI CORP1.75%
4SOFTBANK GROUP CORP1.67%
5HONDA MOTOR CO1.65%
6JAPAN TOBACCO INC1.42%
7SUMITOMO MITSUI FINANCIAL GROUP INC1.38%
8MIZUHO FINANCIAL GROUP1.29%
9SONY CORP1.23%
Management
Fund manager group
State Street
Fund manager company
SSGA UK
Fund type
Unit Trust
Fund objective
The objective of the Fund is to track the performance of the FTSE® All-World Japan Index (the ''Index''), net of unavoidable witholding taxes, as closely as possible on a gross of fees basis.
Benchmark
  • FTSE All-World Japan Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Fund manager
No data available.
Compliance
FE Passive Rateable, IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
SSgA Japan Equity Tracker
Initial charge5%
Annual charge0.3%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISAYes
Ongoing charge (OCF)0.3%
Total expense ratio (TER)3%
Bid price-
Offer price-
Mid price1.6041
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG657
Data provided by

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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.