Henderson Japan Absolute Return Accumulation
Overview
| Fund manager's initial charge | 5.00% |
|---|---|
| HL initial saving | 5.00% |
| Net initial charge | 0.00% |
| Dealing charge | Free |
| Fund manager's annual charge | 1.50% |
| Performance charges | Yes View risks |
| Total Expense Ratio | 2.83% ‡ |
| HL annual saving | 0.00% 2 |
| Platform fee | Free |
| Launch date | 29-01-2010 |
| Launch price | £1.00 |
| Sector | Absolute Return |
| Fund size | £3.00 million |
| Number of holdings | 99 |
| Fund type | OEIC |
| Type of units | Accumulation |
Please read the Simplified Prospectus/Key Investor Information Document in addition to the information above.
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Before you invest please read the key features and Simplified Prospectus/Key Investor Information Document for more details.
HL research - our view on this fund
About the Fund Manager
John Stewart
Located in: Tokyo
John joined Henderson in 2011 as Director of Japanese Equities. He is the lead manager of the AlphaGen Hokuto Fund and the AlphaGen Tenro Fund. Prior to joining Henderson, John was the Head of Japanese Equities at Gartmore where he had been managing the same portfolios. Before joining Gartmore in 1995, John worked for Prudential Portfolio Managers in London as a Japanese equity fund manager. He has been managing Japanese equity portfolios since 1992 and long/short strategies since 1999. John graduated from Loughborough University in 1991 with a BSc Honours in Banking and Finance and is an associate member of the UK Society of Investment
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Income details
| Running yield | N/a |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 June 2012 |
|---|---|
| Payment date 4 | 31 July 2012 |
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Top 10 holdings
| Sumitomo Mitsui Financial Group | 2.87% |
|---|---|
| Komatsu | 2.40% |
| Honda Motor Co. | 2.35% |
| Fuji Film Holdings | 1.91% |
| Panasonic Corp | 1.75% |
| Mizuho Financial Group | 1.74% |
| NTT DoCoMo | 1.58% |
| Softbank Corp. | 1.58% |
| Sony Financial Holdings | 1.56% |
| INPEX CORPORATION | 1.53% |
Top 10 sectors
| Cash and Equiv. | 87.33% |
|---|---|
| Automobiles & Parts | 6.10% |
| Banks | 6.04% |
| Industrial Engineering | 5.88% |
| Technology Hardware & Equipment | 4.79% |
| Leisure Goods | 4.02% |
| Mobile Telecommunications | 3.16% |
| Life Insurance | 2.63% |
| Pharmaceuticals & Biotechnology | 2.02% |
| Chemicals | 2.01% |
Top 10 countries
| Cash and Equiv. | 87.33% |
|---|---|
| Japan | 53.54% |
| Direct Property and REITs | 1.40% |
| Non-Classified | -42.27% |
Some of the data on this page and other related pages is provided to you for your information and is received from the Fund Management Company administering this fund. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.
‡ As the TER is usually based on actual charges and this is a new launch it can only be an estimate. It is therefore indicative only. The estimate does not include any allowance for a performance fee. If the fund performs well this figure will go up.
2 Annual saving is not available in the SIPP or Junior ISA.
4 If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
As well as investing in shares and other assets, absolute return funds can also use derivatives to take short positions in companies. Therefore the returns depend primarily on the manager's stock picking skills, not solely on the price of their holdings rising, and the standard analysis of the underlying investments is not applicable.
Prices as at 09-02-2012. Data as at 31/10/2011.
