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  5. Fidelity Japan Fund - Managed fund profile

Fidelity Japan Fund - Managed Fund (Closed)

Fund Objective
To achieve returns in excess of the Tokyo Stock Exchange TOPIX Total Return Index over the suggested minimum investment time period of five to seven years.
Fund Strategy
The Fund generally invests in a diversified selection of Japanese Securities. Fidelity believes that markets are semi-efficient and share prices don't always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities which it believes offer the greatest scope for outperformance. Based on this research approach, Fidelity seeks out stocks that it believes are undervalued and likely to generate growth.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 4.65% 3.17% -3.7% 0.47% -3.77% 2.95% -10.06% -3.61%
Growth return 4.65% 3.17% -3.7% 0.47% -3.98% 2.75% -10.57% -3.88%
Income return 0% 0% 0% 0% 0.21% 0.2% 0.51% 0.27%
Market index (MSCI Japan NR USD)
Total return 3.02% 11.01% 20.1% 25.78% 9.18% 3.69% -% 6.69%
As at 31 Mar 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fidelity Japan Fund
International Equities
98.60%
Cash
1.40%
Property
0%
Fixed Interest
0%
Average Allocation of Peers
International Equities
89.03%
Cash
10.81%
Property
0.16%
Fixed Interest
0%

General Information

Fund Details
Type Description
Fidelity Japan Fund (Wholesale)
Closed
FIL Investment Mgmt (AUS) Ltd
FID0004AU
Equity Japan
starstar (as at 31 Mar 2011)
Investment Fund
1 Jan 1996
$4.15 million (as at 31 Mar 2012)
$3.2594 (as at 18 Apr 2012)
$3.2496 (as at 18 Apr 2012)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.15% (as at 30 Jun 2011)
Minimum initial investment $500,000

Top 10 holdings (as at 29 Feb 2012)

Holding (as at 29 Feb 2012) Type % of Portfolio
Gree Inc. Equity 7.38%
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FAQs about the Fidelity Japan Fund

The objective of the Fidelity Japan Fund managed fund is To achieve returns in excess of the Tokyo Stock Exchange TOPIX Total Return Index over the suggested minimum investment time period of five to seven years.

The strategy of the Fidelity Japan Fund managed fund is The Fund generally invests in a diversified selection of Japanese Securities. Fidelity believes that markets are semi-efficient and share prices don't always reflect inherent value. Through in-house, bottom-up company research, Fidelity aims to uncover the opportunities which it believes offer the greatest scope for outperformance. Based on this research approach, Fidelity seeks out stocks that it believes are undervalued and likely to generate growth.

The APIR code of the Fidelity Japan Fund managed fund is FID0004AU.

Fidelity Japan Fund’s total return last month was 4.65%. This was made up of a growth return of 4.65% and an income return of 0%. These returns were calculated as at 31 Mar 2012.

Fidelity Japan Fund’s total return for the last three months was 3.17%. This was made up of a growth return of 3.17% and an income return of 0%%. These returns were calculated as at 31 Mar 2012.

Fidelity Japan Fund’s one-year total return is 0.47%. This was made up of a growth return of 0.47% and an income return of 0%. These returns were calculated as at 31 Mar 2012.

Fidelity Japan Fund’s one-year total return is 2.95%. This was made up of a growth return of 2.75% and an income return of 0.2%. These returns were calculated as at 31 Mar 2012.

The asset allocation of the Fidelity Japan Fund managed fund is :

International Equities
98.60%
Cash
1.40%
Property
0%
Fixed Interest
0%

The Responsible Entity for the Fidelity Japan Fund managed fund is FIL Investment Mgmt (AUS) Ltd.

The Fidelity Japan Fund managed fund belongs to the Equity Japan sector/asset class.

As at 31 Mar 2012, the size of the Fidelity Japan Fund managed fund was $4.15 million.

The Fidelity Japan Fund managed fund has an inception date of 1 Jan 1996.

The current entry price of the Fidelity Japan Fund managed fund is $3.2594 per unit and the current exit price is $3.2496 per unit (as at 18 Apr 2012).

The current exit price of the Fidelity Japan Fund managed fund is $3.2496 per unit and the current entry price is $3.2594 per unit (as at 18 Apr 2012).

The minimum initial investment amount for the Fidelity Japan Fund managed fund is $500,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.