InvestSMART

Perennial Japanese Shares Wholesale - Managed Fund (Closed)

Fund Objective
To provide capital growth over the long-term, with returns that outperform the MSCI Japan Accumulation Index measured on a rolling three year basis. Minimum suggested investment timeframe is 5 years.
Fund Strategy
The Trust invests predominantly in Japanese shares and securities. The Trust aims to add value by focusing on what Perennial International, the investment manager, considers to be well managed companies, with quality earnings potential and long term growth prospects, which have been ignored by investors because of short term concerns about market direction.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -11.66% -8.64% -5.15% -11.44% -8.91% -10.6% -14.62% -%
Growth return -11.7% -8.68% -5.19% -11.48% -11.21% -12.12% -17.29% -%
Income return 0.04% 0.04% 0.04% 0.04% 2.3% 1.52% 2.67% -%
Market index (MSCI Japan NR USD)
Total return 2.44% 8.02% 20.29% 16.36% 18.93% 21.21% 8.98% 8.24%
As at 31 Mar 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Perennial Japanese Shares Wholesale
International Equities
100%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Average Allocation of Peers
International Equities
99.23%
Cash
0.71%
Property & Infrastructure
0.06%
Fixed Interest
0%

General Information

Fund Details
Type Description
Perennial Japanese Shares Wholesale
Closed
IOOF Investment Management Limited
IOF0204AU
Equity Japan
starstar (as at 31 Mar 2011)
Investment Fund
26 Sep 2001
$0.46 million (as at 31 Mar 2011)
$0.5442 (as at 1 Apr 2011)
$0.5388 (as at 1 Apr 2011)
Finalised
Offer information
Type Description
MER 1.33% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) 1.33% (as at 30 Jun 2011)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $5,000.00
Minimum redemption amount $5,000.00

Top 10 holdings (as at 31 Dec 2010)

Holding (as at 31 Dec 2010) Type % of Portfolio
Isuzu Motors Ltd. Stock 6.85%
Login now to view the complete list of holdings.

FAQs about the Perennial Japanese Shares Wholesale

The objective of the Perennial Japanese Shares Wholesale managed fund is To provide capital growth over the long-term, with returns that outperform the MSCI Japan Accumulation Index measured on a rolling three year basis. Minimum suggested investment timeframe is 5 years.

The strategy of the Perennial Japanese Shares Wholesale managed fund is The Trust invests predominantly in Japanese shares and securities. The Trust aims to add value by focusing on what Perennial International, the investment manager, considers to be well managed companies, with quality earnings potential and long term growth prospects, which have been ignored by investors because of short term concerns about market direction.

The APIR code of the Perennial Japanese Shares Wholesale managed fund is IOF0204AU.

Perennial Japanese Shares Wholesale’s total return last month was -11.66%. This was made up of a growth return of -11.7% and an income return of 0.04%. These returns were calculated as at 31 Mar 2011.

Perennial Japanese Shares Wholesale’s total return for the last three months was -8.64%. This was made up of a growth return of -8.68% and an income return of 0.04%%. These returns were calculated as at 31 Mar 2011.

Perennial Japanese Shares Wholesale’s one-year total return is -11.44%. This was made up of a growth return of -11.48% and an income return of 0.04%. These returns were calculated as at 31 Mar 2011.

Perennial Japanese Shares Wholesale’s one-year total return is -10.6%. This was made up of a growth return of -12.12% and an income return of 1.52%. These returns were calculated as at 31 Mar 2011.

The asset allocation of the Perennial Japanese Shares Wholesale managed fund is :

International Equities
100%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%

The Responsible Entity for the Perennial Japanese Shares Wholesale managed fund is IOOF Investment Management Limited.

The Perennial Japanese Shares Wholesale managed fund belongs to the Equity Japan sector/asset class.

As at 31 Mar 2011, the size of the Perennial Japanese Shares Wholesale managed fund was $0.46 million.

The Perennial Japanese Shares Wholesale managed fund has an inception date of 26 Sep 2001.

The current entry price of the Perennial Japanese Shares Wholesale managed fund is $0.5442 per unit and the current exit price is $0.5388 per unit (as at 1 Apr 2011).

The current exit price of the Perennial Japanese Shares Wholesale managed fund is $0.5388 per unit and the current entry price is $0.5442 per unit (as at 1 Apr 2011).

The minimum initial investment amount for the Perennial Japanese Shares Wholesale managed fund is $25,000. Minimum additional investment is $5000.

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.