III - FundFactsheet

Fund Objective: The objective is to produce attractive capital growth over the long term through investment in Japan in any economic sector, but with the ability also to invest up to (but no more than) 10% in value of the Sub-fund in each of the following: collective investment schemes and deposits.

Annual Rebate Annual rebate on
£10,000 holding
Ongoing Charges   Initial Charge /
Dealing Charge
- - 0.63% 0.00% / £10
 Star Rating Fund Risk Level   12 Month Performance
5 HighHighHighHighHigh 1762.00 1474.00
Quick Stats Purchase info
Currency: GBX Change on day 0.78% Sector UT Japan Min: £20.00
Bid price: 0.00 YTD return 1.20% Fund size(£m) 2776.07 ISA: Yes
Mid price: 1683.00 Yield 0.83% Fund type OEIC
Offer price 0.00 Type Accumulation Unit Launch date 02/08/1999
Performance - View all
Key Chart Instrument 1 mth 6 mths 1 yr 3 yrs
Baillie Gifford Japanese B Acc 1.02% 2.87% 10.58% 69.59%
UT Japan 2.50% 3.32% 8.25% 49.33%



Sector Weighting - as at 30/06/18
Region Weighting - click here
Sector % of fund
Machinery 16.20
Financials 15.80
Services 15.70
Electronic & Electrical Equipment 14.30
Telecommunications Utilities 12.70
Chemicals 9.90
Retail 5.90
Real Estate & Construction 4.40
Pharmaceuticals 3.70
Region Weighting - as at 30/06/18
Sector Weighting - click here
Region % of fund
Japan 98.60
Money Market 1.40

Sector/Region weightings are currently unavailable

Fund Objective

The objective is to produce attractive capital growth over the long term through investment in Japan in any economic sector, but with the ability also to invest up to (but no more than) 10% in value of the Sub-fund in each of the following: collective investment schemes and deposits.

Fund Manager

Matthew Brett

Click here for Fund manager’s performance biography

Since: 01/06/2008

Biography:Matthew graduated BA (Hons) in Natural Sciences (Psychology) from the University of Cambridge in 2000 and holds a PhD in Psychology from Bristol University. He joined Baillie Gifford in 2003 and is an Investment Manager in the Japanese Equity Team. Matthew is a co-manager of the Japanese All cap strategy and is a CFA Charterholder.

Quick Stats
Citi code BG47 Legal structure OEIC Fund Currency GBX
ISIN code GB0006011133 Fund size £2,776.07 M at 10/08/2018 Price date 17/08/2018
Fund Risk Level HighHighHighHighHigh Star rating 5 Pricing freq Daily
Sector UT Japan Valor code - WKN Code -
Bid price 0.00 Mid price 1683.00 Offer Price 0.00
Benchmark Topix Yield 0.83% Launch date 02/08/1999
Domicile United Kingdom Type Accumulation ISA Yes
Purchase & Other Information
Min.investment £20.00
Min.top-up £20.00
Standard (Fund Manager) Initial Charge 0.00%
Interactive Investor Initial Charge 0.00%
Annual Rebate -
Ongoing Charges 0.63% at 30/04/2018
Performance Fee NONE
Compliant UCITS IV Compliant,
Dividend dates Apr 30
For sale in United Kingdom,
Performance Chart in (GBX)

Bid-to-bid with income reinvested.

Past performance is not a guide to future performance. Fund performance data doesn’t take into account fees and expenses which are specific to individual plans. Details are available on request.

Cumulative Performance in GBX
  3 mth 6 mth 1 yr 3 yr 5 yr
Fund -2.77% 2.87% 10.58% 69.59% 103.53%
Sector -1.07% 3.32% 8.25% 49.33% 74.75%
Relative to sector -1.70% -0.45% 2.33% 20.26% 28.78%
Rank within sector 43/48 34/47 8/46 2/42 4/38
Quartile 4th 3rd 1st 1st 1st
Discrete Annual Performance to Last Quarter End in GBX
  0-12m 12m-24m 24m-36m 36m-48m 48m-60m
Fund 16.14% 34.63% 9.54% 16.37% 3.48%
Sector 10.40% 25.35% 7.40% 17.68% -1.42%
Relative to sector 5.74% 9.28% 2.14% -1.31% 4.90%
Rank within sector 7/46 8/43 11/42 29/39 5/38
Quartile 1st 1st 1st 3rd 1st
Performance by Calendar Year in GBX
  YTD 2017 2016 2015 2014
Fund 1.20% 26.56% 33.89% 11.94% 0.05%
Sector 0.96% 17.69% 23.99% 15.80% 0.78%
Relative to sector 0.24% 8.87% 9.90% -3.86% -0.73%
Rank within sector 29/47 6/44 1/43 37/40 29/38
Quartile 3rd 1st 1st 4th 4th
Fund Price Movement in GBX
12 month high 1762.00 (British Pence) 12 month low 1474.00 (British Pence)
Risk Statistics
Volatility Alpha Beta Sharpe Tracking Error Information Ratio R2
Fund 13.36 3.57 1.09 1.19 3.35 1.38 0.94
Asset Weightings as at June 30, 2018
Rank Change Name % Weighting
1 NoChange Japanese Equities 94.20%
2 NoChange Property Shares 4.40%
3 NoChange Money Market 1.40%
  •  Faller
  •  Riser
  •  No change
  • new  New entry
Region Weightings as at June 30, 2018
Rank Change Name % Weighting
1 NoChange Japan 98.60%
2 NoChange Money Market 1.40%
  •  Faller
  •  Riser
  •  No change
  • new  New entry
Sector Weightings as at June 30, 2018
Rank Change Name % Weighting
1 NoChange Machinery 16.20%
2 NoChange Financials 15.80%
3 NoChange Services 15.70%
4 NoChange Electronic & Electrical Equipment 14.30%
5 NoChange Telecommunications Utilities 12.70%
6 NoChange Chemicals 9.90%
7 NoChange Retail 5.90%
8 NoChange Real Estate & Construction 4.40%
9 NoChange Pharmaceuticals 3.70%
10 nochange Others 1.40%
  •  Faller
  •  Riser
  •  No change
  • new  New entry
Top Holdings as at June 30, 2018
Rank Change Name % Weighting
1 NoChange SOFTBANK GROUP CORP 5.60%
2 NoChange SBI HLDGS INC 4.40%
3 NoChange SUMITOMO MITSUI TR HLDGS INC 4.40%
4 Riser INPEX CORP 4.10%
5 Faller GMO INTERNET INC 3.80%
6 NewEntry START TODAY CO LTD 3.00%
7 Faller KUBOTA CORP 2.90%
8 Riser MISUMI GROUP INC 2.90%
9 Faller TOYOTA MOTOR CORP 2.90%
10 NewEntry JAPAN EXCHANGE GROUP 2.30%
Total 36.30%
  •  Faller
  •  Riser
  •  No change
  • new  New entry