Fact sheet: HSBC MERIT Japan Equity

Fund information

Fund name
HSBC MERIT Japan Equity A Inst Acc
Fund company manager
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OIC
Fund manager
Nils Gene Jungbacke
since 24/07/2006
Fund objective
The fund seeks to provide long term capital growth by investing in a diversified portfolio of Japanese stocks. The fund aims to achieve its objective by adopting a quantitative investment process. This investment process seeks to invest in a wide range of companies that combine both attractive valuations with positive corporate earnings and price momentum signals. This style of investment process is called MERIT (Multi-Factor Enhanced Return Investment Technique). The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes.
Benchmark
No Specified Index
Investment style
Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

40.03 %

1 Year rank in sector

20/44

Sector

UT Japan

Yield

1.07

Fund size

£ 25.7 m

FE Risk score

120

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Japan
    99.62%
  • Net Current Assets
    0.38%
  • Consumer Goods
    25.31%
  • Industrials
    20.95%
  • Financials
    15.81%
  • Consumer Services
    10.77%
  • Health Care
    6.98%
  • Japanese Equities
    99.62%
  • Money Market
    0.38%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.94 %5.58 %26.91 %58.89 %94.09 %
Sector3.22 %7.58 %33.33 %63.21 %107.37 %
Rank within sector27 / 4733 / 4520 / 4426 / 4028 / 36
Quartile th3 rd3 rd2 nd3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund7.41 %23.51 %14.99 %1.35 %22.99 %
Sector8.92 %23.99 %15.8 %0.78 %26.19 %
Rank within sector31 / 4521 / 4423 / 4121 / 3926 / 36
Quartile th3 rd2 nd3 rd3 rd3 rd

Risk statistics

Alpha-1.16
Beta1.02
Sharpe1.03
Volatility12.65
Tracking error2.07
Information ratio-0.39
R-Squared0.97

Price movement

52 week high162.1
52 week low124.4
Current bid price0
Current offer price0
Current mid price160.8

Holdings by region

  • 99.62% Japan
  • 0.38% Net Current Assets

Holdings by sector

  • 25.31% Consumer Goods
  • 20.95% Industrials
  • 15.81% Financials
  • 10.77% Consumer Services
  • 6.98% Health Care
  • 6.63% Basic Materials
  • 5.31% Telecommunications
  • 4.73% Technology
  • 2.06% Utilities
  • 1.07% Oil & Gas

Holdings by asset type

  • 99.62% Japanese Equities
  • 0.38% Money Market

Individual holdings

  • 5.35% TOYOTA MOTOR CORP
  • 2.36% MITSUBISHI UFJ FINANCIAL GROUP
  • 1.86% HONDA MOTOR CO
  • 1.83% KDDI CORP
  • 1.71% SOFTBANK GROUP CORP