III - FundFactsheet

Fund Objective: The objective of the Fund is to achieve capital growth. The Fund invests primarily in shares of smaller Japanese companies. The Fund may use derivatives (complex instruments) to manage the Fund more efficiently, with the aim of reducing risk, minimising costs and/or generating additional capital or income. The Fund is actively managed within its objectives and is not constrained by a benchmark.

Annual Rebate Annual rebate on
£10,000 holding
Ongoing Charges   Initial Charge /
Dealing Charge
- - 0.99% 0.00% / £10
 Star Rating Fund Risk Level   12 Month Performance
3 HighHighHighHighHigh 700.03 585.31
Quick Stats Purchase info
Currency: GBX Change on day -1.12% Sector UT Japanese Smaller Companies Min: £20.00
Bid price: 0.00 YTD return -1.53% Fund size(£m) 86.14 ISA: Yes
Mid price: 616.82 Yield 0.00% Fund type OEIC
Offer price 0.00 Type Accumulation Unit Launch date 12/11/2012
Performance - View all
Key Chart Instrument 1 mth 6 mths 1 yr 3 yrs
Invesco Japanese Smaller Companies Z Acc -2.57% 0.29% 3.84% 105.98%
UT Japanese Smaller Companies -3.02% 0.04% 5.84% 93.16%



Sector Weighting - as at 31/08/18
Region Weighting - click here
Sector % of fund
Manufacturing 38.98
Services 27.47
Transport 9.33
Trade 8.98
Financials 5.93
Construction 4.86
Money Market 4.45
Region Weighting - as at 31/08/18
Sector Weighting - click here
Region % of fund
Japan 95.55
Money Market 4.45

Sector/Region weightings are currently unavailable

Fund Objective

The objective of the Fund is to achieve capital growth. The Fund invests primarily in shares of smaller Japanese companies. The Fund may use derivatives (complex instruments) to manage the Fund more efficiently, with the aim of reducing risk, minimising costs and/or generating additional capital or income. The Fund is actively managed within its objectives and is not constrained by a benchmark.

Fund Manager

Osamu Tokuno

Click here for Fund manager’s performance biography

Since: 01/11/2003

Biography:Based in Tokyo, Osamu is Head of Japanese Equity Growth and Chief Portfolio Manager for Japanese Equity Small and Mid Cap Growth portfolios. He started his investment career in 1988 as an investment analyst with the Okasan Economic Research Institute. He then moved in 1990 to Okasan Securities based in both Tokyo and London, before joining Japan Investment Trust Management Company as a Senior Fund Manager. He joined our company in 2000. He is a Chartered Member of the Security Analysts Association of Japan.

Quick Stats
Citi code GUXW Legal structure OEIC Fund Currency GBX
ISIN code GB00B8N46G29 Fund size £86.14 M at 31/08/2018 Price date 16/10/2018
Fund Risk Level HighHighHighHighHigh Star rating 3 Pricing freq Daily
Sector UT Japanese Smaller Companies Valor code - WKN Code -
Bid price 0.00 Mid price 616.82 Offer Price 0.00
Benchmark Russell Nomura Small Cap Index Yield 0.00% Launch date 12/11/2012
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 0.99% at 31/08/2018
Performance Fee None
Compliant Reporting Fund Status,
Dividend dates Aug 01
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 -6.00% 0.29% 3.84% 105.98% 92.29%
Sector -3.17% 0.04% 5.84% 93.16% 112.62%
Relative to sector -2.83% 0.25% -2.00% 12.82% -20.33%
Rank within sector 2/3 2/3 2/3 2/3 3/3
Quartile 2nd 2nd 2nd 2nd 4th
Discrete Annual Performance to Last Quarter End in GBX
  0-12m 12m-24m 24m-36m 36m-48m 48m-60m
Fund 16.56% 20.37% 63.28% -3.33% -4.12%
Sector 18.27% 20.87% 52.93% 4.16% 2.19%
Relative to sector -1.71% -0.50% 10.35% -7.49% -6.31%
Rank within sector 2/3 2/3 1/3 3/3 3/3
Quartile 2nd 2nd 1st 4th 4th
Performance by Calendar Year in GBX
  YTD 2017 2016 2015 2014
Fund -1.53% 38.52% 40.37% 7.90% -7.78%
Sector -0.42% 31.55% 37.29% 16.87% 1.89%
Relative to sector -1.11% 6.97% 3.08% -8.97% -9.67%
Rank within sector 2/3 1/3 2/3 3/3 3/3
Quartile 2nd 1st 2nd 4th 4th
Fund Price Movement in GBX
12 month high 700.03 (British Pence) 12 month low 585.31 (British Pence)
Risk Statistics
Volatility Alpha Beta Sharpe Tracking Error Information Ratio R2
Fund 20.53 -8.65 1.43 1.38 9.82 0.16 0.83
Asset Weightings as at August 31, 2018
Rank Change Name % Weighting
1 NewEntry Japanese Equities 95.55%
2 NoChange Money Market 4.45%
  •  Faller
  •  Riser
  •  No change
  • new  New entry
Region Weightings as at August 31, 2018
Rank Change Name % Weighting
1 NoChange Japan 95.55%
2 NoChange Money Market 4.45%
  •  Faller
  •  Riser
  •  No change
  • new  New entry
Sector Weightings as at August 31, 2018
Rank Change Name % Weighting
1 NoChange Manufacturing 38.98%
2 NoChange Services 27.47%
3 Riser Transport 9.33%
4 Faller Trade 8.98%
5 NoChange Financials 5.93%
6 NoChange Construction 4.86%
7 NoChange Money Market 4.45%
  •  Faller
  •  Riser
  •  No change
  • new  New entry
Top Holdings as at August 31, 2018
Rank Change Name % Weighting
1 NoChange PEPTIDREAM INC 6.03%
2 Riser MACROMILL INC 4.44%
3 NewEntry MEIKO ELECTRONICS 3.85%
4 NewEntry ARUHI CORPORATION 3.82%
5 Faller FULLCAST HLDGS CO LTD 3.67%
6 Faller MTG CO LTD 3.51%
7 Faller OPTORUN CO LTD 3.44%
8 Riser PENTA OCEAN CONSTRUCTION 3.35%
9 Faller TOPCON CORP 3.29%
10 NewEntry NISSHA CO LTD 3.19%
Total 38.59%
  •  Faller
  •  Riser
  •  No change
  • new  New entry