Fact sheet: Fidelity Japan Advant

Fund information

Fund name
Fidelity Japan Advantage A JPY
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager(s)
Ronald Slattery
since 01/10/2017
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of Japanese companies listed on a Japanese stock exchange, including those listed on regional stock exchanges in Japan and on the Tokyo over-the-counter market. The fund will primarily invest in the shares of companies Fidelity considers to be undervalued. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is reinvested in additional shares or paid to shareholders on request. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
Tokyo Stock Exchange Index (TOPIX)
Investment style
Value
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

36.43 %

1 Year rank in sector

5/108

Sector

FO Equity - Japan

Yield
-
Fund size

£ 31.0 b

FE Risk score

134

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Japan
    98.5%
  • Money Market
    1.5%
  • Machinery
    29.9%
  • Others
    18.2%
  • Pharmaceuticals
    10.2%
  • Communications
    8.5%
  • Transport Equipment
    6.3%
  • Japanese Equities
    98.5%
  • Money Market
    1.5%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund5.95 %22.49 %36.43 %38.62 %128.79 %
Sector3.68 %14.13 %23.53 %41.26 %127.16 %
Rank within sector15 / 1115 / 1125 / 10846 / 9335 / 81
Quartile th1 st1 st1 st2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund32.9 %-3.38 %8.25 %3.68 %43.95 %
Sector20.28 %4.48 %11.76 %4.15 %43.22 %
Rank within sector6 / 11184 / 10176 / 9350 / 8843 / 82
Quartile th1 st4 th4 th3 rd3 rd

Risk statistics

Alpha-2.71
Beta1.21
Sharpe0.49
Volatility17.02
Tracking error7.17
Information ratio-0.09
R-Squared0.85

Price movement

52 week high37870
52 week low27386
Current bid price0
Current offer price0
Current mid price37432

Holdings by region

  • 98.5% Japan
  • 1.5% Money Market

Holdings by sector

  • 29.9% Machinery
  • 18.2% Others
  • 10.2% Pharmaceuticals
  • 8.5% Communications
  • 6.3% Transport Equipment
  • 6.2% Chemicals
  • 5.9% Retail
  • 5.6% Wholesale
  • 4.4% Other Financial
  • 3.3% Precision Instruments

Holdings by asset type

  • 98.5% Japanese Equities
  • 1.5% Money Market

Individual holdings

  • 4% MAKITA CORP
  • 3.7% ONO PHARMACEUTICAL CO
  • 3.4% SOFTBANK GROUP CORP
  • 3.3% MISUMI GROUP INC
  • 3.3% NIPPON SHINYAKU CO
  • 3.2% ORIX CORP
  • 3.1% TOKIO MARINE HLDGS INC
  • 3% DAICEL CORP
  • 2.9% SHIMADZU CORP
  • 2.8% TORAY INDUSTRIES INC