Fact sheet: SW Fid Jpn Pn

Fund information
Fund name
SW Fidelity Japan Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund manager
  • Nicholas Pricesince 31/08/2015
Underlying fund
Fidelity Japan
Fund objective
The fund aims for long-term growth from a portfolio consisting mainly of the shares of Japanese companies by investing solely in the Fidelity Japan OEIC fund. The portfolio is likely to have a bias towards larger companies
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
13.4%
1 Year rank in sector
182/188
Sector
PN Japan
Yield
-
Fund size
£9m (£7m 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.
123
Bid price
166.4
Offer price
166.4
Top in this sector
Fund name1 Year
OMW InvescoPerpetaulJpnSlCos45.7%
SIP Inv Prp Jpnse Sm Cos Pn45.5%
Zurich Inv PerpJapnseSmCosPn43.4%
L&G Legg MasonIFJapanEqPn38.5%
FL GM Japnse Eq Pn37.7%
...more in PN Japan

Performance snapshot

Holdings snapshot

  • Japan97.2%
    Money Market2.8%
  • Others28.5%
    Electronic & Electrical Equipment11.9%
    Services10.6%
    Transport Equipment9.6%
    Communications9.1%
  • Japanese Equities97.2%
    Money Market2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.6%3.5%14.4%13.4%28.8%52.4%
Sector-4.2%6.9%22%22.1%42.3%88%
Rank within sector177 / 194181 / 191170 / 191182 / 188171 / 179165 / 167
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund13.8%12.9%0.9%16.8%0.7%
Sector21.2%15.7%1.5%26.2%4%
Rank within sector180 / 188165 / 186119 / 179171 / 176151 / 167
Quartile4th4th3rd4th4th
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.
-1.6
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.
0.92
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.
0.62
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%.
12.2
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.
3.88
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.
-0.66
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.
0.9
Price movement
52 week high179
52 week low125.7
Current bid price166.4
Current offer price166.4
Current mid price-
Region
1Japan97.22%
2Money Market2.78%
Industry sector
1Others28.53%
2Electronic & Electrical Equipment11.95%
3Services10.62%
4Transport Equipment9.58%
5Communications9.13%
6Chemicals8.51%
7Machinery5.82%
8Banks5.04%
9Textiles & Apparel4.19%
Asset type
1Japanese Equities97.22%
2Money Market2.8%
Individual holdings
1HONDA MOTOR CO4.26%
2RECRUIT HLDGS CO LTD3.9%
3ORIX CORP3.85%
4TOYOTA MOTOR CORP3.76%
5CYBERAGENT INC3.45%
6MITSUBISHI UFJ FINANCIAL GROUP3.33%
7SONY CORP3.12%
8NIPPON TELEGRAPH & TELEPHONE CORP3.02%
9TOKIO MARINE HLDGS INC2.95%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
The fund aims for long-term growth from a portfolio consisting mainly of the shares of Japanese companies by investing solely in the Fidelity Japan OEIC fund. The portfolio is likely to have a bias towards larger companies
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Nicholas Price31/08/2015Nicholas Price has worked at Fidelity Investments Japan as portfolio manager since 1999 where he also manages the FF Japan Aggressive, FIJ Aggressive Growth Fund and the Fidelity Japan Growth Fund using a GARP investment style. Nicholas has 22 years of investment experience. He graduated from Cambridge University with a BA in History and International Relations and has an MA in Japanese from Keio University. Nicholas is fluent in Japanese and is permanently based in Tokyo.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SW Fidelity Japan Pension Series 1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)1.9%
Bid price161.1
Offer price169.5
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSJ33
SW Fidelity Japan Pension Series 2
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2.02%
Bid price166.4
Offer price166.4
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSJ22
SW Fidelity Japan Pension Series 4
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.22%
Bid price129.1
Offer price129.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE519
Data provided by

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