Total returns on £1,000
Objective
The GLG Japan CoreAlpha Equity Fund’s investment objective is to provide a high total return for a suitable long term appreciation of the investor’s capital measured in US Dollars for those classes denominated in US Dollars, Euro for those classes denominated in Euro and Yen for those classes denominated in Yen. The Portfolio will invest primarily in securities of issuers in Japan or of issuers which derive a substantial part of their revenues from activities in Japan. The Portfolio will invest predominantly in common stocks, ADRs and other equity securities but may also invest in transferable money market securities (including certificates of deposit, commercial paper and bankers acceptances), fixed and floating rate government and corporate bonds, bonds convertible into common stock, preferred shares and other fixed income and equity linked investments, which may include but are not limited to such instruments as stock options and equity swaps, listed or traded on Recognised Markets.
Profile
| Fund type | Open Ended Investment Company |
|---|---|
| Investment style (stocks) | Market Cap: LargeInvestment Style: Value |
| Income treatment | Accumulation |
| Morningstar category | Other Asia-Pacific Equity |
| IMA sector | |
| Launch date | 02/03/2010 |
| Price currency | EUR |
| Domicile | Ireland |
| ISIN | IE00B5648R31 |
| Manager & start date | Stephen Harker 29/01/2010 Jeffrey Atherton 31/03/2011 Neil Edwards 29/01/2010 Robert Brooke 29/01/2010 |
Investment
| Pricing frequency | Daily |
|---|---|
| Fund size | 1.34bn GBPAs of Apr 30 2013 |
| Share class size | 30.51m GBPAs of May 31 2012 |
| Net expense ratio | 1.85% |
| Initial charge | 5.00% |
| Annual charge | 1.50% |
| Exit charge | 0.00% |
| Min. initial investment | -- |
| Min. additional investment | -- |
| Min. regular investment | -- |
| UK ISA | -- |
| Available for sale | Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom |
Diversification
Asset type
Non-UK stock | 100.02% |
|---|---|
Other | 0.00% |
Bond | 0.00% |
UK stock | 0.00% |
Cash | -0.02% |
Top 5 sectors
Financial Services | 29.87% |
|---|---|
Technology | 23.66% |
Industrials | 14.47% |
Consumer Cyclical | 10.80% |
Basic Materials | 9.90% |
Top 5 Regions
Japan | 100.02% |
|---|
Top 5 holdings
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| Sony Corporation 6758:TYO | +76.23% | 6.63% | |
| Mitsubishi UFJ Financial Group, Inc. 8306:TYO | +99.43% | 6.33% | |
| Sumitomo Mitsui Financial Group Inc 8316:TYO | +98.50% | 5.13% | |
| FUJIFILM Holdings Corporation 4901:TYO | +55.00% | 5.00% | |
| Nintendo Company, Ltd. | +17.89% | 4.73% |