For investors in Singapore

Horizon Japan Opportunities Fund

A high-conviction, concentrated Japanese equity fund aiming to deliver attractive long-term returns

ISIN
LU0011889929

NAV
USD 23.77
As of 24/09/2021

1-Day Change
USD 0.48 (2.06%)
As of 24/09/2021

Overview

INVESTMENT OBJECTIVE

The Fund aims to provide capital growth over the long term.

More

The Fund invests at least 80% of its assets in a concentrated portfolio of shares (equities) and equity-related securities of Japanese companies, of any size, in any industry.

Less

Note: You should not make investment decisions based solely on marketing materials. You should read the Prospectus and the Product Highlights Sheet of the Fund for more details of the investment risks and seek independent professional advice where appropriate.

ABOUT THIS FUND

  • The team aims to uncover underpriced, cash-generative and capital-efficient businesses through rigorous, bottom-up research
  • The fund can exploit opportunities across the market-cap spectrum
  • Managed by an experienced team of investors with deep knowledge of Japanese companies

PORTFOLIO MANAGEMENT

Junichi Inoue

Head of Japanese Equities | Portfolio Manager

Industry since 1995. Joined Firm in 2016.

Performance

Cumulative & Annualised Performance (%)
As of 31/08/2021
A2 USD (Net) A2 USD (With Sales Charge)* Tokyo SE First Section NR
 
  Cumulative Annualised
1MO 3MO 6MO YTD 1YR 3YR 5YR 10YR Since Inception
31/07/1985
A2 USD (Net) 2.77 0.55 -1.84 -2.84 14.00 7.94 8.88 8.19 4.24
A2 USD (With Sales Charge)* -2.37 -4.48 -6.75 -7.70 8.30 6.11 7.77 7.64 4.10
Tokyo SE First Section NR 3.06 1.66 2.94 3.10 19.10 6.57 8.85 8.00 5.66
FEE INFORMATION
Initial Charge 5.00%
Annual Charge 1.20%
Ongoing Charge
(As of 31/12/2020)
2.77%
Performance Fee 10% of the 'Relevant Amount'

Portfolio

Top Holdings (As of 31/08/2021)
% of Fund
Toyota Motor 7.88
Sony Group 6.58
Tokio Marine 5.22
Mitsubishi 4.60
Shin-Etsu Chemical 4.55
SoftBank Group 4.33
Z 4.15
Daiichi Sankyo 4.11
Renesas Electronics 3.85
Olympus 3.77

Documents