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Legg Mason IF Japan Equity A

Ranked 1 out of 132 in - Japan over 12 months
All calculations are in GBP unless stated

Managed by

Hideo Shiozumi

Japanese specialist and tennis fan Hideo Shiozumi aims to fill his portfolios with companies which offer high growth over the medium term. He also likes to have a decent selection of small-caps in his funds and prefers these to be in the retail and distribution sectors. His only UK fund is the Legg Mason Japan Equity fund which has a concentrated portfolio of 30-40 holdings. Performance of the fund can be very volatile in the short term but in the medium to long term the results have been very impressive and justified this bumpy ride. Shiozumi aims to maximise performance during good stockmarket periods and minimise his losses in bear phases. Born in Japan on 23 December 1943, Shiozumi chose to study in the US and gained a BA in Economics from Guilford College, Greensboro. He is a veteran of the fund industry and draws on over 33 years’ experience. His career started out when he joined Robert Fleming as an investment analyst in 1970. He spent 12 years with the group, rising to portfolio manager, before his ambition led him to set up his own company Shiozumi & Co (now Shiozumi Asset Management) where he is the president.


To achieve capital growth through investment in securities of Japanese companies. The Fund seeks to achieve its objective by investing principally in the securities of Japanese companies, which have above average growth prospects relative to the shares of Japanese companies as a whole.

Showing fund performance in United Kingdom View performance globally


Japan over : 30/09/2015 - 30/09/2016
  • Rank 1/132 Total Return
  • Rank 130/132 Standard Deviation
  • Rank 126/132 Max Drawdown
Fund Name Currency Risk
128 Tiburon Taiko D GBP Hedged

Currency exposure is hedged

Currency exposure is hedged



129 Janus Japan U GBP Acc Hedged

Currency exposure is hedged

Currency exposure is hedged



130 Legg Mason IF Japan Equity A GBP


131 Neptune Japan Opportunities A Acc GBP GBP


132 Alma Eikoh Japan Large Cap Equity Fd I GBP Hdg C

Currency exposure is hedged

Currency exposure is hedged



Total Return

Quarterly Performance

to 30/09/2016 Annual Q1 Q2 Q3 Q4
2016 20.6% 22.0% -1.4%
2015 49.4% 16.8% 4.0% 1.4% 21.2%
2014 -1.4% -5.7% 2.5% 4.1% -1.9%
2013 63.7% 45.1% 6.0% 15.2% -7.6%
2012 8.6% -7.9% 8.1% 7.4% 1.5%
2011 27.1% 2.6% 12.7% 15.2% -4.6%
2010 19.9% 6.8% 0.8% -4.7% 16.8%
2009 -11.7% -18.6% 8.0% 17.2% -14.3%
2008 -11.5% -12.1% -12.8% -7.2% 24.4%
2007 -34.3% -6.9% -17.3% -16.8% 2.7%
2006 -50.6% -11.3% -23.3% -14.8% -14.7%
2005 69.9% 11.5% 8.3% -2.5% 44.2%
2004 28.4% 32.9% 22.9% -21.9% 0.6%
2003 52.6% -3.2% 5.7% 41.0% 5.8%
2002 -21.9% -4.2% 7.9% -11.5% -14.7%
2001 -16.4% -2.2% 8.6% -21.5% 0.4%
2000 -42.4% -2.3% -9.2% -12.1% -26.1%
1999 293.3% 63.3% 38.7% 40.3% 23.8%
1998 35.4% 9.6% 2.9% -11.1% 34.9%
1997 -37.1% -7.9% 14.5% -27.8% -17.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Sosei Group Corp ORD 9.83
PeptiDream Inc ORD 9.48
Nihon M&A Center Inc ORD 8.02
Cyberdyne Inc ORD 6.69
M3 Inc ORD 5.37
MonotaRO Co Ltd ORD 4.22
Start Today Co Ltd ORD 4.16
Don Quijote Holdings Co Ltd ORD 3.33
Asahi Intecc Co Ltd ORD 3.23
SMS Co Ltd ORD 2.87

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date22/10/1996
  • Share Class size98Mn
  • Base currencyGBP
  • ISIN GB0033507467

Purchase Info

  • Min. initial investment3,000
  • Min. regular additional investment0


  • Annual management1.00%
  • Initial investment0

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).