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Legg Mason Japan Equity

Ranked 71 out of 74 in - Japan over 12 months
All calculations are in GBP

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.

Objective

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.

Performance

Japan over : 31/10/2013 - 31/10/2014
  • Rank 71/74 Total Return
  • Rank 74/74 Standard Deviation
  • Rank 74/74 Max Drawdown
Fund Name Risk
70 Lazard Japanese Strategic Equity Ret Dis GBP Hdg

Currency exposure is hedged

Currency exposure is hedged

4.1

71 Neptune Japan Opportunities A Acc GBP

4.2

72 Polar Capital Japan Alpha I Hdg Sterling

Currency exposure is hedged

Currency exposure is hedged

4.4

73 Invesco Japanese Equity Core C Acc GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

4.5

74 Legg Mason Japan Equity A

6.7

Fund Name Loss
70 Polar Capital Japan Alpha I Hdg Sterling

Currency exposure is hedged

Currency exposure is hedged

-14.9%

71 JPMorgan Japan Equity A Dis GBP

-15.7%

72 Polar Capital Japan GBP

-15.9%

73 JPM Japan A Acc

-16.2%

74 Legg Mason Japan Equity A

-22.2%

Total Return

Quarterly Performance

to 31/10/2014 Annual Q1 Q2 Q3 Q4
2014 -0.9% -5.7% 2.5% 4.1% -1.5%
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%
1996 -9.6% -9.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2014

Top 10 Holdings

Stock Size
Nihon M&A Center Inc ORD 9.08
Cyberdyne Inc ORD 7.46
M3 Inc ORD 6.22
PeptiDream Inc ORD 6.05
Sosei Group Corp ORD 5.60
MonotaRO Co Ltd ORD 4.92
Don Quijote Holdings Co Ltd ORD 4.20
Kakaku.com Inc ORD 3.69
F@N Communications Inc ORD 3.62
Message Co Ltd ORD 3.59
31/08/2014

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date22/10/1996
  • Share Class size105Mn
  • Base currencyGBP
  • ISIN GB0033507467

Purchase Info

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

Charges

  • Annual management1.5%
  • Initial investment4.25

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...more...

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