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Japan Equity Fund

Fund launch date 21/06/2015
Fund size ¥36,162,765,251.99
Number of holdings 37
Managed by current team for 6 years
Currently viewing:

The Fund

The Fund is managed by Chris Taylor and aims to generate capital growth over the long term (5 years or more). The Fund invests at least 80% in shares of Japanese companies. These are companies which, at the time of purchase, are incorporated, domiciled, listed or conduct significant business in Japan.

Past performance is not a guide to future performance. The value of an investment and the income generated from it can fall as well as rise and is not guaranteed. You may get back less than you originally invested.
Key Information
Manager Inception Date of Fund
22/06/2015
Class Launch Date
22/06/2015
Comparator Benchmark 1
TSE TOPIX
Comparator Benchmark 2
IA Japan
Price
Single Price
153.000p
Offer Price
-
Price Date
27/05/2022

Meet the team

Chris manages the Liontrust Japan Equity Fund, having joined Liontrust as part of the acquisition of Neptune Investment Management in October 2019. Chris has nearly 40 years of investment experience and before joining Neptune in 2004, he worked as Managing Director at Fuji Investment Management. Chris graduated from Oxford University with a degree in Physiological Sciences and from the City University Business School with an MBA in Finance. 

More about the team
Meet the tea

Awards and Ratings

Citywire fund manager rating Citywire Manager Rating: A

Our Investment Process

The fund managers believe the key to generating outperformance is through high conviction, long-term, research-led company selection.
The Liontrust Japan Equity Fund aims to identify Industry Leaders across Japan via a sector-by-sector analysis process investing in large, multinational companies that dominate their global industry. 
These companies have greater exposure to faster growing regions, such as the emerging markets, allowing them to benefit from revenue growth that the manager believes is far in excess of that achievable in Japan.
At a stock level, the Fund is highly differentiated from its peers, and is positioned for global growth with less reliance on the domestic market given the country’s deeply entrenched demographic, fiscal and macroeconomic problems. 
Past performance is not a guide to future performance. The value of an investment and the income generated from it can fall as well as rise and is not guaranteed. You may get back less than you originally invested.

Performance

Performance since class launch date (%)

Discrete performance (%)

As at previous quarter 12 months ending: Mar 22 Mar 21 Mar 20 Mar 19 Mar 18

Cumulative performance (%)

As at previous day end 1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Since Inception

Current positioning

Top 10 Holdings (%)

SEVEN & I HOLDINGS CO LTD 5.29
HITACHI 4.59
TOYOTA MOTOR CORP 4.53
NINTENDO CO 4.44
FUJITSU 4.34
JFE HOLDINGS INC 3.95
SUMCO CORP 3.63
ORIX CORPORATION 3.63
SUBARU CORP 3.48
BANDAI NAMCO HLDGS INC 3.12

Sector Breakdown (%)

Industrials 29.78
Materials 18.32
Consumer Discretionary 14.32
Information Technology 10.60
Financials 9.71
Consumer Staples 5.29
Communications 4.44
Real Estate 3.96
Energy 2.34
Money Market 1.20

Geographic Breakdown (%)

Japan
98.79
Money Market
1.20

Source: Liontrust as at 29/04/2022.

Additional Information
Minimum initial investment
£250,000
Minimum additional investment
£0
Ex-dividend date
2 January (Final)
Distribution date
Last day of February
Sedol code
BXDZFF2
ISIN code
GB00BXDZFF23
Charges
Initial charge
-
Ongoing Charges Figure
0.88%
Included within the OCF is the Annual Management Charge
0.75%
Fund insights

How to invest in Liontrust funds

Through a fund platform
Through a financial adviser
Direct with Liontrust

Key Risks 

Past performance is not a guide to future performance. The value of an investment and the income generated from it can fall as well as rise and is not guaranteed. You may get back less than you originally invested. The issue of units/shares in Liontrust Funds may be subject to an initial charge, which will have an impact on the realisable value of the investment, particularly in the short term. Investments should always be considered as long term.

 

Investment in the Fund involves foreign currencies and may be subject to fluctuations in value due to movements in exchange rates. The Fund may invest in emerging markets/soft currencies or in financial derivative instruments, both of which may have the effect of increasing volatility.

 

Disclaimer

This is a marketing communication. Before making an investment, you should read the relevant Prospectus and the Key Investor Information Document (KIID), which provide full product details including investment charges and risks. These documents can be obtained, free of charge, from www.liontrust.co.uk or direct from Liontrust. Always research your own investments. If you are not a professional investor please consult a regulated financial adviser regarding the suitability of such an investment for you and your personal circumstances. 

 

This should not be construed as advice for investment in any product or security mentioned, an offer to buy or sell units/shares of Funds mentioned, or a solicitation to purchase securities in any company or investment product. Examples of stocks are provided for general information only to demonstrate our investment philosophy. The investment being promoted is for units in a fund, not directly in the underlying assets. It contains information and analysis that is believed to be accurate at the time of publication, but is subject to change without notice. Whilst care has been taken in compiling the content of this document, no representation or warranty, express or implied, is made by Liontrust as to its accuracy or completeness, including for external sources (which may have been used) which have not been verified. It should not be copied, forwarded, reproduced, divulged or otherwise distributed in any form whether by way of fax, email, oral or otherwise, in whole or in part without the express and prior written consent of Liontrust.

 

Fund literature
Japan Equity Fund
View latest fund update