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

41.03 %

1 Year rank in sector

6/110

Sector

FO Equity - Japan

Yield
-
Fund size

£ 33.2 b

FE Risk score

145

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Japan
    98.8%
  • Money Market
    1.2%
  • Electronic & Electrical Equipment
    25.3%
  • Machinery
    17.7%
  • Others
    12.1%
  • Banks
    8.2%
  • Transport Equipment
    8.2%
  • Japanese Equities
    98.8%
  • Money Market
    1.2%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund5.91 %24.86 %41.03 %49.66 %107.63 %
Sector4.38 %17.72 %26.43 %51.62 %112.64 %
Rank within sector16 / 1117 / 1116 / 11048 / 9340 / 82
Quartile th1 st1 st1 st3 rd2 nd

Calendar performance

YTD-20182017201620152014
Fund5.52 %33.84 %-3.38 %8.25 %3.68 %
Sector3.76 %22.97 %4.48 %11.76 %4.15 %
Rank within sector17 / 11110 / 11083 / 10075 / 9248 / 87
Quartile th1 st1 st4 th4 th3 rd

Risk statistics

Alpha-2.82
Beta1.2
Sharpe0.5
Volatility16.83
Tracking error7.05
Information ratio-0.12
R-Squared0.85

Price movement

52 week high40183
52 week low27680
Current bid price0
Current offer price0
Current mid price39777

Holdings by region

  • 98.8% Japan
  • 1.2% Money Market

Holdings by sector

  • 25.3% Electronic & Electrical Equipment
  • 17.7% Machinery
  • 12.1% Others
  • 8.2% Banks
  • 8.2% Transport Equipment
  • 6.6% Wholesale
  • 5.7% Insurance
  • 5% Chemicals
  • 3.9% Communications
  • 3.4% Retail

Holdings by asset type

  • 98.8% Japanese Equities
  • 1.2% Money Market

Individual holdings

  • 5% MITSUBISHI UFJ FINANCIAL GROUP
  • 4.7% SMC CORP
  • 4% MISUMI GROUP INC
  • 3.9% KOMATSU
  • 3.7% MAKITA CORP
  • 3.7% TOKIO MARINE HLDGS INC
  • 3.7% TOYOTA MOTOR CORP
  • 3.5% KDDI CORP
  • 2.6% TDK CORP
  • 2.5% SHIMADZU CORP