Please ensure Javascript is enabled for purposes of website accessibility Japan Opportunities Fund - Janus Henderson Investors - UK private investors
For individual investors in the UK

Japan Opportunities Fund

For investors seeking quality growth and cash-flow positive businesses with deep, local insight.

ISIN
GB00BJ0LG296

NAV
GBP 514.90p
As of 24/12/2024

1-Day Change
GBP -1.00p (-0.19%)
As of 24/12/2024

Morningstar Rating

As of 30/11/2024

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide capital growth over the long term. Performance target: To outperform the TOPIX Index by at least 2% per annum, before the deduction of charges, over any 5 year period.

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The Fund invests at least 80% of its assets in a concentrated portfolio of shares (also known as equities) of companies, of any size, in any industry, in Japan. Companies will be incorporated, headquartered, listed on an exchange in, or deriving significant revenue from, Japan. The portfolio may be concentrated in terms of its number of holdings and/or the size of its largest holdings. The Fund may also invest in other assets including cash. The Investment Manager may use derivatives (complex financial instruments) to reduce risk or to manage the Fund more efficiently. The Fund is actively managed with reference to the TOPIX Index, which is broadly representative of the companies in which it may invest, as this forms the basis of the Fund's performance target. The Investment Manager has discretion to choose investments for the Fund with weightings different to the index or not in the index. As an additional means of assessing the performance of the Fund, the IA Japan sector average, which is based on a peer group of broadly similar funds, may also provide a useful comparator.

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The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.
Potential investors must read the prospectus, and where relevant, the key investor information document before investing.
This website is a Marketing Communication and does not qualify as an investment recommendation.

Investment into the fund will acquire units / shares of the fund itself and not the underlying assets owned by the fund.

ABOUT THIS FUND

LOCALISED INVESTMENT APPROACH
Experienced lead manager with local expertise and a proven track record, supported by a well-resourced firm.

NOT STYLE CONSTRAINED
Built on a foundation of quality, the fund also considers mispriced quality companies on an opportunistic basis.

HIGH CONVICTION
Repeatable, fundamentals-driven process, investing in a concentrated portfolio of profitable businesses demonstrating cash-flow growth.

Past performance does not predict future returns. 
 

Portfolio Management

Junichi Inoue

Head of Japanese Equities | Portfolio Manager

Industry since 1995. Joined Firm in 2016.

Performance

Past performance does not predict future returns. All performance data includes both income and capital gains or losses and reflects the deduction of any ongoing charges or other fund expenses.
Discrete Performance (%)
As of 30/09/2024
E Acc (Net) Tokyo Stock Price Index (TOPIX) GR IA Japan
 
As of 30/09/2024 2023/2024 2022/2023 2021/2022 2020/2021 2019/2020
E Acc (Net) 13.86 14.61 -15.18 13.73 10.59
Tokyo Stock Price Index (TOPIX) GR 10.66 15.15 -13.53 15.64 2.38
IA Japan 10.95 10.75 -15.85 16.49 5.66

Index Description

The Tokyo Stock Exchange First Section Index (TOPIX) is a measure of the combined performance of a large number of the companies listed on the Tokyo Stock Exchange. It forms the basis of the Fund's performance target and provides a useful comparison against which the Fund's performance can be assessed over time.

Peer Group Description

The Investment Association (IA) groups funds with similar geographic and/or investment remit into sectors. The Fund's ranking within the sector (as calculated by a number of data providers) can be a useful performance comparison against other funds with similar aims.

Cumulative & Annualised Performance (%)
As of 30/11/2024
E Acc (Net) Tokyo Stock Price Index (TOPIX) GR IA Japan
  
  Cumulative Annualised
1MO YTD 1YR 3YR 5YR 10YR Since Inception
30/09/1974
E Acc (Net) 3.39 10.18 13.52 4.66 6.95 9.82 8.66
Tokyo Stock Price Index (TOPIX) GR 2.06 9.02 13.27 5.65 5.71 8.76 9.28
IA Japan 3.16 8.45 12.56 3.25 4.98 8.35 8.89
 
  Annualised
3YR 5YR 10YR Since Inception
30/09/1974
E Acc (Gross) - 8.27 11.16 9.98
Tokyo Stock Price Index (TOPIX) GR + 2.00% - 7.83 10.94 11.46

Index Description

The Tokyo Stock Exchange First Section Index (TOPIX) is a measure of the combined performance of a large number of the companies listed on the Tokyo Stock Exchange. It forms the basis of the Fund's performance target and provides a useful comparison against which the Fund's performance can be assessed over time.

Peer Group Description

The Investment Association (IA) groups funds with similar geographic and/or investment remit into sectors. The Fund's ranking within the sector (as calculated by a number of data providers) can be a useful performance comparison against other funds with similar aims.

Calendar Year Returns (%)
As of 30/09/2024
E Acc (Net) Tokyo Stock Price Index (TOPIX) GR IA Japan
2023 2022 2021 2020 2019
E Acc (Net) 14.03 -8.54 0.35 19.81 21.14
Tokyo Stock Price Index (TOPIX) GR 13.27 -4.14 2.02 9.55 14.64
IA Japan 11.01 -8.37 1.56 13.94 17.08

Index Description

The Tokyo Stock Exchange First Section Index (TOPIX) is a measure of the combined performance of a large number of the companies listed on the Tokyo Stock Exchange. It forms the basis of the Fund's performance target and provides a useful comparison against which the Fund's performance can be assessed over time.

Peer Group Description

The Investment Association (IA) groups funds with similar geographic and/or investment remit into sectors. The Fund's ranking within the sector (as calculated by a number of data providers) can be a useful performance comparison against other funds with similar aims.

Recommended holding period 5 Years

Example Investment: GBP 10,000

Scenarios If you exit after 1 year If you exit after 5 years
MinimumThere is no minimum guaranteed return. You could lose some or all of your investment
StressWhat you might get back after costs2,320 GBP2,310 GBP
Average return each year-76.80%-25.41%
UnfavourableWhat you might get back after costs8,060 GBP10,450 GBP
Average return each year-19.42%0.89%
ModerateWhat you might get back after costs10,430 GBP14,270 GBP
Average return each year4.27%7.37%
FavourableWhat you might get back after costs13,970 GBP18,190 GBP
Average return each year39.71%12.71%
Fee Information
Initial Charge 5.00%
Annual Charge 0.65%
Ongoing Charge
(As of 30/04/2024)
1.24%

Portfolio

Top Holdings (As of 30/11/2024)
% of Fund
Toyota Motor 6.81
Hitachi 5.67
Sony Group 5.56
Sumitomo Mitsui Financial Group 5.40
Tokio Marine 4.77
Fujitsu 4.46
Resona 4.38
Shin-Etsu Chemical 4.35
Daiichi Sankyo 4.07
Shimizu 3.42

Documents

  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance does not predict future returns
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
  • Shares/Units can lose value rapidly, and typically involve higher risks than bonds or money market instruments. The value of your investment may fall as a result.
  • If a Fund has a high exposure to a particular country or geographical region it carries a higher level of risk than a Fund which is more broadly diversified.
  • This Fund may have a particularly concentrated portfolio relative to its investment universe or other funds in its sector. An adverse event impacting even a small number of holdings could create significant volatility or losses for the Fund.
  • The Fund may use derivatives with the aim of reducing risk or managing the portfolio more efficiently. However this introduces other risks, in particular, that a derivative counterparty may not meet its contractual obligations.
  • If the Fund holds assets in currencies other than the base currency of the Fund, or you invest in a share/unit class of a different currency to the Fund (unless hedged, i.e. mitigated by taking an offsetting position in a related security), the value of your investment may be impacted by changes in exchange rates.
  • Securities within the Fund could become hard to value or to sell at a desired time and price, especially in extreme market conditions when asset prices may be falling, increasing the risk of investment losses.
  • The Fund could lose money if a counterparty with which the Fund trades becomes unwilling or unable to meet its obligations, or as a result of failure or delay in operational processes or the failure of a third party provider.
  • Funds incur costs as a necessary part of buying and selling the underlying investments, these are otherwise known as portfolio transaction costs, and include charges such as broker commission and Stamp Duty.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved, you may wish to consult a financial adviser.
  • If you invest through a third party provider you are advised to consult them directly as charges, performance and terms and conditions may differ materially.
  • Some documents are available in alternative formats. Click here for information on how to request them.
  • The Legal Entity Identifier for this product is 213800R3HZG4C7PQLK45.