Japan has always been a corporate, not an economic, revival story. With ongoing corporate reforms, investors will discover that many Japanese companies are mispriced and valued much lower versus global peers, which suggest more upside potential.
Fund objective
-
USD 28.166
NAV as of 20 Nov 2024
-
$-0.36
Daily $ Change
-
-1.28 %
Daily % Change
-
Morningstar rating*
31 Oct 2024
Fund performance
Fund returns
All data as at 30 September 2024
| 1 m | 3 m | YTD | 1 y | 3 y (p.a) |
5 y (p.a) |
10 y (p.a) |
Since inception (p.a) |
|
|---|---|---|---|---|---|---|---|---|
| Bid-Bid | 1.5% | 9.6% | 10.8% | 10.8% | 6.6% | 10.0% | 7.6% | 9.3% |
| Offer-Bid | 1.5% | 9.6% | 10.8% | 10.8% | 6.6% | 10.0% | 7.6% | 9.3% |
| Benchmark | -0.6% | 5.7% | 12.4% | 21.6% | 2.7% | 7.1% | 6.4% | 7.6% |
(p.a.): per annum. Source: Eastspring Investments (Singapore) Limited. Returns are based in share class currency and computed on bid-bid basis with net income reinvested, if any. Offer-bid is inclusive of sales charge which is subject to changes. Since inception returns for periods less than a year are not annualised. The benchmark for the hedged share classes, if any, is also calculated on a hedged basis. Calendar year returns are based on the share class performance for the year, and if the share class was incepted during a particular year, the returns shown relate to the performance of the share class since its inception to the end of that calendar year. Wef July 2018, the monthly fund and benchmark returns calculated are aligned to the last NAV date of the fund for the month. Past performance information presented is not indicative of future performance.
Portfolio Manager
-
Ivailo Dikov
Head of Japan Equities
Ivailo Dikov is the Head of our Japan Equity focus team, and the Lead Portfolio Manager for the team’s Japan Focused Value strategies. Ivailo has over 17 years of investment experience, holds a Master of Business from the Tsukuba University in Japan and is fluent in Japanese.
Fund facts
- Asset classEquity
- ClassC
- Subscription methodCash
- ISIN codeLU0801102863
- Bloomberg tickerESJDCUI LX
- Minimum initial investmentUSD 10m
- Minimum subsequent investmentUSD 1,000
- Inception date 09 Jul 2012
- Share class currencyUSD
- Initial sales chargeNA
- Annual management fees0.75%
- Benchmark indexMSCI Japan Index
-
Morningstar rating *
31 Oct 2024
Footnote:
*Rating should not be taken as a recommendation. © 2024 Morningstar. All rights reserved.
Factsheet (0.2MB) (Representative share class)Where to buy
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Disclaimer
This document is issued by Eastspring Investments (Singapore) Limited (UEN: 199407631H). Eastspring Investments (Singapore) Limited is the appointed Singapore Representative and agent for service of process in Singapore. This document has not been reviewed by the Monetary Authority of Singapore.
The Fund is a sub-fund of Eastspring Investments, an open-ended investment company with variable capital (Société d’Investissement à Capital Variable or SICAV) registered in the Grand Duchy of Luxembourg, which qualifies as an Undertaking for Collective in Transferable Securities (“UCITS”) under relevant EU legislation. The Management Company of the SICAV is Eastspring Investments (Luxembourg) S.A., Grand-Duchy of Luxembourg.
All transactions into the Fund should be based on the Singapore Prospectus and Product Highlights Sheet (“PHS”). Such documents, together with the articles of incorporation of the SICAV and the most recent financial reports, may be obtained free of charge from Eastspring Investments (Luxembourg) S.A., or at relevant Eastspring Investments business units/website and their distribution partners.
This document is solely for information and does not have any regard to the specific investment objectives, financial or tax situation and the particular needs of any specific person who may receive this document. This document is not intended as an offer, a solicitation of offer or a recommendation, to deal in shares of securities or any financial instruments.
Please refer to the offering documents for details on fees and charges, dealing and redemption, product features, risk factors and seek professional advice before making any investment decision. An investment in the Fund is subject to investment risks, including the possible loss of the principal amount invested. The value of shares in the Fund and the income accruing to the shares, if any, may fall or rise. Where an investment is denominated in a currency other than the base currency of the Fund, exchange rates may have an adverse effect on the value price or income of that investment. Investors should not make any investment decision solely based on this document. Investors may wish to seek advice from a financial adviser before purchasing shares of the Fund. In the event that an investor may choose not to seek advice from a financial adviser, the latter should consider carefully whether the Fund in question is suitable for him.
Past performance and the predictions, projections, or forecasts on the economy, securities markets or the economic trends of the markets are not necessarily indicative of the future or likely performance of Eastspring Investments or any of the funds managed by Eastspring Investments. There are limitations to the use of indices as proxies for the past performance in the respective asset classes/sector.
The Fund(s)/ underlying Fund(s) may use derivative instruments for efficient portfolio management and/or hedging purposes.
Distributions are not guaranteed and may fluctuate. Past distributions are not necessarily indicative of future trends, which may be lower. Distribution payouts and its frequency are determined by the Manager, Eastspring Singapore, and can be made out of (a) income; or (b) net capital gains; or (c) capital of the Fund or a combination of (a) and/or (b) and/or (c). The payment of distributions should not be confused with the Fund’s performance, rate of return or yield. Any payment of distributions by the Fund may result in an immediate decrease in the net asset value per unit.
The preceding paragraph is only applicable if the Fund intends to pay dividends / distributions.
This advertisement has not been reviewed by the Monetary Authority of Singapore. Eastspring Singapore is an ultimately wholly-owned subsidiary of Prudential plc of the United Kingdom. Eastspring Singapore and Prudential plc are not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America.