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Contact details

Neptune Investment Management, PO Box 9004, Chelmsford, Essex, CM99 2WR
0800 587 5051 (Dealing)
0870 889 0540 (Fax Number)

Fund managers

* Chris Taylor01-May-2005 to Present
Rob Burnett» 01-Aug-2004 to 06-May-2005
William May» 01-Jan-2004 to 31-Jul-2004
Robin Geffen» 30-Sep-2002 to 01-Jan-2004

Investment objectives

To provide capital growth by investing mainly in a focused portfolio of approximately 40-60 Japanese companies, selected at the manager’s discretion.

Key Information

Fund vs sector

  1y 3y
Position 2 / 47 1 / 44
Quartile 1 1

Fund ratings

FE Crown Rating: 4 FE Crown Rating


  1y 3y
Volatility 14.87 19.34
Alpha 8.08 8.04
Beta 1.52 1.34
Sharpe 0.37 0.95
Info Ratio 0.96 0.90
R2 0.77 0.67
Quartiles:   1  2  3  4   help with ratios
vs. Japan»
performance chart
ACC +7.5+86.2+46.9+51.2+14.6-21.8+0.8
  JAPAN   +1.9+34.1+37.3+26.2+4.2-11.1+15.2
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf NEPTUNE JAPAN OPPORTUNITIES C ACC GBP ACC 191.40 (p) 19-Dec-2014 0.38 0.80% GQLD B3Z0Y81
pdf NEPTUNE JAPAN OPPORTUNITIES D ACC GBP ACC 112.60 (p) 19-Dec-2014 0.48 0.75% JWRS
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf NEPTUNE JAPAN OPPORTUNITIES A ACC GBP ACC 401.40 (p) 19-Dec-2014 0.00 1.68% DJ51 3207604
pdf NEPTUNE JAPAN OPPORTUNITIES B ACC GBP ACC 419.60 (p) 19-Dec-2014 0.14 1.17% DJ52 3207615
pdf NEPTUNE JAPAN OPPORTUNITIES A ACC USD ACC 156.40 (USX) 19-Dec-2014 0.00 2.05% F7M0 B60T5H0
pdf NEPTUNE JAPAN OPPORTUNITIES B ACC USD ACC 160.40 (USX) 19-Dec-2014 0.00 2.23% F7M1 B60T5J2

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Open Ended Investment Company (OEIC)
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£465.4m / $726.7m (31-Oct-14)
Savings plan Fund has Savings Plan Minimum: £ 50.0 Monthly Launch30-Sep-2002
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesMonday to Friday 9am to 5pm
Minimum initial£ 1,000
Minimum additional£ 50
Initial charge5.00%
Annual management charge1.60%
Note to chargesInitial Charges: ;
Trustee / DepositaryState Street Trustees Limited
RegistrarInternational Financial Data Services (UK) Ltd
Dividend policyJan 01, Jul 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
Japan Equity Mixed Japan
Regional weightings, 30-Sep-2014
Japan93.371 93.37% Japan
Cash6.632 6.63% Cash
Sector weightings, 30-Sep-2014
Industrials29.901 29.90% Industrials
Materials19.882 19.88% Materials
Information Technolo15.273 15.27% Information Technolo
Financials15.024 15.02% Financials
Consumer Discretiona11.235 11.23% Consumer Discretiona
Cash6.636 6.63% Cash
Energy2.077 2.07% Energy

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

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Asset allocation

Japan Equity, 93.37%
93.3700% ofJapan Equity
Cash, 6.63%
6.6300% ofCash

FE Adviser Fund Index

Sector analysis


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