Fact sheet: DB Platinum IV Croci Japn

Fund information

Fund name
DB Platinum IV Croci Japan R1C B JPY
Fund company manager
Deutsche Asset Management SA
Fund type
SIB
Fund manager(s)
Fund objective
The aim of the Fund is to invest in a portfolio of shares issued by large companies in Japan, selected using the CROCI Japan Strategy (Strategy). The Strategy selects shares on the basis of an economic valuation using the Deutsche Bank CROCI(1) methodology. The selection universe contains the 100 largest companies by market capitalisation in Japan, excluding companies from the financial sector. The Strategy selects the thirty companies with the lowest positive CROCI economic price-earnings ratio (CROCI Ratio) from the selection universe. The CROCI methodology enables the comparison of company valuations across sectors and regions on an equal basis by making certain adjustments to company reported financial statements providing the CROCI Ratios used to select the shares with the lowest valuations due to their price potential. The shares comprising the Strategy are reviewed quarterly (March, June, September, December) and weighted equally upon each rebalancing. The Strategy has a selection buffer, which will prevent the replacement of an existing share unless its CROCI Ratio is sufficiently higher than that of the proposed replacement share.
Benchmark
TOPIX 100
Investment style
None
Investment method
Shares

Quick stats

1 Year return

29.58 %

1 Year rank in sector

19/105

Sector

FO Equity - Japan

Yield
-
Fund size

£ 2.4 b

FE Risk score

127

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Japan
    100%
  • Consumer Discretionary
    33.2%
  • Industrials
    26.23%
  • Materials
    11.73%
  • Health Care
    6.6%
  • Information Technology
    6.55%
  • Japanese Equities
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund3.82 %19.07 %30.13 %49.3 %119.19 %
Sector3.85 %15.73 %22.89 %54.77 %122.05 %
Rank within sector58 / 10920 / 10919 / 10554 / 9142 / 79
Quartile th3 rd1 st1 st3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund15.42 %5.64 %4.24 %10.83 %39 %
Sector15.92 %4.48 %11.76 %4.15 %43.22 %
Rank within sector50 / 10833 / 9886 / 9113 / 8644 / 81
Quartile th2 nd2 nd4 th1 st3 rd

Risk statistics

Alpha-3.54
Beta1.21
Sharpe0.32
Volatility16.4
Tracking error6.31
Information ratio-0.29
R-Squared0.88

Price movement

52 week high12210.69
52 week low9176.5
Current bid price0
Current offer price0
Current mid price12246.77

Holdings by region

  • 100% Japan

Holdings by sector

  • 33.2% Consumer Discretionary
  • 26.23% Industrials
  • 11.73% Materials
  • 6.6% Health Care
  • 6.55% Information Technology
  • 6.23% Telecommunications Utilities
  • 3.48% Energy
  • 3.04% Utilities
  • 2.94% Consumer Staples

Holdings by asset type

  • 100% Japanese Equities

Individual holdings

  • 3.7% TOKYO ELECTRON
  • 3.63% SEVEN & I HOLDINGS CO LTD
  • 3.48% TOKYO GAS CO
  • 3.45% BRIDGESTONE CORP
  • 3.45% CENTRAL JAPAN RAILWAY CO
  • 3.41% ASAHI GROUP HLDGS LTD
  • 3.4% MITSUBISHI CHEMICAL HLDGS CORP
  • 3.36% FUJI CO
  • 3.36% HITACHI CAPITAL CORP
  • 3.33% ISUZU MOTORS