M&G Japan Smaller Companies C Acc E

Trade now

Quick Stats

Bid Price - Offer Price -
Mid Price EUR 36.25 Day Change EUR +0.16 (0.37%)
Price Date 24 Sep 2018 Crown Rating 1
Shares Class Inc. Yield 0.90 %
Total Expense Ratio 0.92 Fund Size 240,120,000.00
Launch Date 15/05/1984 Standard Initial Charge (%) 3.25
Currency EUR ISA Eligible No
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 500,000.00 Total Expense Ratio (%) 0.92
ISIN GB0030939226 Min TopUp (£) 50,000.00
Ongoing Charge (%) 0.9200 Ongoing Charge Date 04/09/2018

Fund Objective

The Fund invests wholly or predominantly in securities of smaller Japanese companies, the universe for which is the bottom third in terms of total market capitalisation of all publicly listed equity in Japan. When not wholly invested as above, the Fund may also invest in medium sized and larger companies in order to enhance its liquidity. Its sole objective is long term capital growth.

Fund Managers

Johan Du Preez

Johan du Preez has managed the M&G Japan Fund and the M&G Japan Smaller Companies Fund since joining the M&G Equity team in 2015. He began his investment career in 1998 as an analyst with Prudential Portfolio Managers, South Africa (PPMSA). In the following year, he became a senior portfolio manager and shortly afterwards, a director of PPMSA. In 2004 Johan transferred to Prudential’s asset management business in Asia, where he specialised in Japanese equity as an investment director. He graduated from the University of the Witwatersrand with a B Econ Sc in mathematical statistics and actuarial science in 1992 and from the University of Cape Town with a M Com in economics in 2003. He is a CFA charterholder.

John Lothian

John Lothian joined M&G in March 2011 as a specialist on Japanese equities. His roles have included senior analyst on the M&G American Fund and M&G Global Leaders Fund, as well as senior research analyst covering global consumer, healthcare, and technology sectors. He was appointed deputy manager of the M&G Japan and M&G Japan Smaller Companies funds in September 2015. Prior to M&G, John co-managed a Japanese equity fund at Occam Asset Management. Before that, he covered Japanese stocks at Lazard Asset Management in London. John started his career at Lehman Brothers in Tokyo. He has an MBA from Columbia Business School, an MA in international relations from The Johns Hopkins University School of Advanced International Studies (SAIS), and a BA in Greek and Latin from The Catholic University of America. John is fluent in Japanese and is a CFA charterholder.

Performance Chart

Fund Performance

Cumulative Performance

Discrete Performance

Top 10 Holdings

Name Weight
CREDIT SAISON CO 4.50%
MAZDA MOTOR CORP 4.50%
OKI ELECTRIC INDUSTRY CO 4.20%
DIC CORP 4.00%
NIKON CORP 4.00%
MITSUI ENGINEERING & SHIPBUILD 3.90%
JSR CORP 3.70%
DOWA HOLDINGS CO LTD 3.60%
NTT URBAN DEVELOPMENT CORP 3.60%
MITSUI O.S.K.LINES 3.50%

Asset Breakdown

Name Weight
Japanese Equities 99.00%
Money Market 1.00%

Region Breakdown

Name Weight
Japan 98.99%
Money Market 1.01%

Sector Breakdown

Name Weight
Basic Materials 11.30%
Consumer Goods 21.40%
Consumer Services 13.20%
Financials 19.90%
Health Care 3.00%
Industrials 21.80%
Money Market 1.00%
Technology 8.40%