Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Melchior Japan Advantage

Ranked 51 out of 74 in - Japan over 12 months
All calculations are in GBP

Managed by

Fumio Matsumoto

Fumio Matsumoto is a fund manager at Dalton Strategic Partnership having joined the group from T & D Asset Management in 2014. Matsumoto joined T & D Asset Management from Mizuho Securities in 2006, where he worked as an analyst in both Japanese equities and value strategies. Matsumoto was born in Kurashiki City, and studied Business Administration at Hosei University.

Objective

Capital appreciation through selective investment in Japanese equities through a combination of top down sector allocation and bottom up stock selection producing a value biased, diversified portfolio of predominantly large cap companies.

Performance

Japan over : 30/11/2013 - 30/11/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 -7.5% 3.7% 2.7%
2013 27.1% 17.5% 5.5% 2.3% 0.2%
2012 0.2% 6.3% -4.7% -5.4% 4.5%
2011 -15.4% -8.1% 1.5% -5.8% -3.7%
2010 20.0% 14.4% -9.6% 0.7% 15.2%
2009 -2.5% -14.8% 6.6% 9.2% -1.7%
2008 7.3% -5.1% 4.8% -9.7% 19.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/11/2013

Top 10 Holdings

Stock Size
Toyota Motor Corp ORD 7.03
Mitsubishi UFJ Financial Group Inc ORD 4.22
Sumitomo Mitsui Financial Group Inc ORD 3.69
Nippon Telegraph and Telephone Corp ORD 3.68
Honda Motor Co Ltd ORD 3.66
Softbank Corp ORD 2.89
Nomura Topix Linked Listed Investment 2.86
Hitachi Ltd ORD 2.86
Mizuho Financial Group Inc ORD 2.85
Toshiba Corp ORD 2.48
30/11/2013

Registered For Sale In

  1. Germany
  2. Switzerland
  3. United Kingdom

Fund Info

  • Launch date12/12/2007
  • Share Class size05Mn
  • Base currencyGBP
  • ISIN GB00B29QHJ03

Purchase Info

  • Min. initial investment10,000
  • Min. additional investment0

Charges

  • Annual management2.2%
  • Initial investment0

Related News

Dalton to bring Japanese equity team in-house

London-based asset management firm sets up new unit led by Japan veteran Kosuke Arao.

Yen fears see Dalton add sterling class to Melchior Japan Advantage

The new share class is designed to remove currency risk from the fund.

The Daily Interview: Japan more resilient than western markets, says Dalton's Yoshimi

Dalton Strategic Partnership’s top performing Japanese fund manager Akira Yoshimi believes Japan has the resilience to outperform troubled developed markets in the west.  

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