Fact sheet: Threadneedle Japan Growth

Fund information
Fund name
Threadneedle Japan Growth Inst Acc GBP
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund managers
  • Alex Leesince 23/12/2016
Fund objective
The aim of the Fund is to grow the amount you invested. The Fund invests at least two-thirds of its assets in shares of companies of any size in Japan. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • Japan Topix
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
35.1%
1 Year rank in sector
20/45
Sector
UT Japan
Yield
1%
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.
0.71%
Fund size
£49m (£51m 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.
132
Mid price
225.1
Top in this sector
Fund name1 Year
M&G Japan55.3%
Man GLG Japan Core Alpha54.1%
Neptune Jap Inst49.9%
Henderson Japan Opportunities49.6%
Baillie Gifford Japanese47.9%
...more in UT Japan

Performance snapshot

Holdings snapshot

  • Japan99.2%
    Money Market0.8%
  • Consumer Discretionary19.8%
    Industrials19.6%
    Information Technology17.4%
    Financials17%
    Consumer Staples5.6%
  • Japanese Equities99.2%
    Money Market0.8%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.1%5.4%12.5%35.1%50.4%71.8%
Sector2.9%5.9%12.7%36.3%57.7%83.6%
Rank within sector18 / 4629 / 4621 / 4620 / 4530 / 4029 / 37
Quartile2nd3rd2nd2nd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund3.6%21.8%15.3%-2%27.8%
Sector4.2%24%15.8%0.8%26.2%
Rank within sector33 / 4634 / 4523 / 4232 / 4017 / 37
Quartile3rd4th3rd4th2nd
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.
-2.12
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.
1.04
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.
0.69
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%.
13.74
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.
3.79
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.
-0.44
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.
0.92
Price movement
52 week high227.4
52 week low167.5
Current bid price-
Current offer price-
Current mid price225.1
Region
1Japan99.2%
2Money Market0.8%
Industry sector
1Consumer Discretionary19.8%
2Industrials19.6%
3Information Technology17.4%
4Financials17%
5Consumer Staples5.6%
6Materials5%
7Health Care4.9%
8Telecommunications Utilities4.3%
9Real Estate4%
Asset type
1Japanese Equities99.2%
2Money Market0.8%
Individual holdings
1MITSUBISHI UFJ FINANCIAL GROUP4.6%
2ITOCHU TECHNO-SOLUTIONS CORP2.9%
3ALPS ELECTRIC CO2.6%
4SEKISUI CHEMICAL CO2.5%
5TADANO LIMITED2.4%
6TAIYO NIPPON SANSO CORP2.4%
7CHIBA BANK2.3%
8KOSE2.3%
9PENTA OCEAN CONSTRUCTION2.3%
Management
Fund manager group
Threadneedle
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund objective
The aim of the Fund is to grow the amount you invested. The Fund invests at least two-thirds of its assets in shares of companies of any size in Japan. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • Japan Topix
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Alex Lee23/12/2016Alex joined Canada Life Investments in September 2007, having previously worked at Barclays Capital in FX Options.Alex holds a BSc in Economics from the London School of Economics.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Sweden
Threadneedle Japan Growth Inst Acc GBP
Initial charge5%
Annual charge0.55%
Min single investment£500,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price225.1
CurrencyGBX
Price updated24/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDPN4
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.