Japan has always been a corporate, not an economic, revival story. With ongoing corporate reforms, investors will discover that many Japanese companies are mispriced and valued much lower versus global peers, which suggest more upside potential.

Fund objective

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This Fund aims to generate long-term capital growth through a concentrated portfolio of equities, equity-related securities, bonds, and currencies. This Fund will invest primarily in securities of companies, which are incorporated, listed in or have their area of primary activity in Japan. The Fund Read more..

  • USD 20.978
    NAV as of 23 May 2024
  • $-0.04 arrow icon
    Daily $ Change
  • -0.17 % arrow icon
    Daily % Change
  • Morningstar rating*
    30 Apr 2024

Fund performance


Fund returns

All data as at 31 March 2024

  1 m 3 m YTD 1 y 3 y
5 y
10 y
Since inception
Bid-Bid 3.7% 6.1% 6.1% 17.7% 6.5% 8.3% 6.9% 6.2%
Offer-Bid -1.5% 0.8% 0.8% 11.8% 4.7% 7.2% 6.3% 5.7%
Benchmark 2.5% 10.5% 10.5% 25.2% 3.5% 7.7% 6.6% 5.7%

(p.a.): per annum. Source: Eastspring Investments (Singapore) Limited. Returns are based in share class currency and computed on bid-bid basis with net income reinvested, if any. Offer-bid is inclusive of sales charge which is subject to changes. Since inception returns for periods less than a year are not annualised. The benchmark for the hedged share classes, if any, is also calculated on a hedged basis. Calendar year returns are based on the share class performance for the year, and if the share class was incepted during a particular year, the returns shown relate to the performance of the share class since its inception to the end of that calendar year. Wef July 2018, the monthly fund and benchmark returns calculated are aligned to the last NAV date of the fund for the month. Past performance information presented is not indicative of future performance.

Portfolio Manager

  • equity

    Ivailo Dikov

    Head of Japan Equities

    Ivailo Dikov is the Head of our Japan Equity focus team, and the Lead Portfolio Manager for the team’s Japan Focused Value strategies. Ivailo has over 17 years of investment experience, holds a Master of Business from the Tsukuba University in Japan and is fluent in Japanese.

Fund facts

  • Asset classEquity
  • ClassA
  • Subscription methodCash
  • ISIN codeLU0560541111
  • Bloomberg tickerIOFJDYA LX
  • Minimum initial investmentUSD 1,000+
  • Minimum subsequent investmentUSD 100
  • Inception date 07 Feb 2011
  • Base currencyUSD
  • Initial sales chargeMax 5.0%
  • Annual management fees1.5%
  • Benchmark indexMSCI Japan Index
  • Morningstar rating *
    30 Apr 2024

Footnote: + Subject to Distributor's terms and conditions.
*Rating should not be taken as a recommendation. © 2024 Morningstar. All rights reserved.

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Investors should note that the net asset value of the Fund/ underlying Fund is likely to have a high volatility due to the investment policies or portfolio management techniques.