Jupiter Japan Income Class I Inc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/04/19
to
30/04/20		 30/04/20
to
30/04/21		 30/04/21
to
30/04/22		 30/04/22
to
30/04/23		 30/04/23
to
30/04/24
Fund 3.8% 21.7% -7.4% 6.8% 10.7%
Sector -0.1% 21.5% -6.8% 4.8% 14.4%
Rank 17/93 51/93 62/98 31/101 78/102
Quartile 1 3 3 2 4

Annualised performance

Annualised
3 Years to
30/04/24		 5 Years to
30/04/24		 10 Years to
30/04/24
Fund 3.1% 6.7% 11.0%
Sector 3.8% 6.3% 9.4%
Rank 62/98 48/93 11/68
Quartile 3 3 1

Top 10 Holdings

Stock % Weight
GBPFWD FX CONTRACT15 FEB 2024 17.98
MITSUI SUMITOMO INSURANCE CO. 7.30
TOKIO MARINE HOLDINGS 5.45
SONY CORP 5.00
SHIN-ETSU CHEMICAL CO. 4.71
SOFTBANK CORP 4.67
ORIX CORPORATION 4.47
RECRUIT HOLDINGS CO. 4.17
BRIDGESTONE CORPORATION 4.06
SEKISUI HOUSE 4.03
Total 61.84

Fund Aims

At least 70% of the Fund is invested in shares of companies based in Japan. Up to 30% of the Fund may be invested in other assets, including shares of companies based anywhere in the world, open-ended funds (including funds managed by Jupiter and its associates), cash and near cash.

Fund Manager

Dan Carter manager for 8 years

Photo of Dan Carter Dan Carter joined Jupiter in 2008. Dan has managed the Jupiter Japan Select SICAV since October 2013 and became the lead manager of the Jupiter Japan Income Fund in May 2016.

Mitesh Patel manager for 4 years and 3 months

Photo of Mitesh Patel Mitesh joined Jupiter in October 2016 and is a fund manager specialising in Japanese equities. He works alongside Dan Carter in the management of the Jupiter Japan Income Fund (Unit Trust) and the Jupiter Japan Select fund (SICAV). Mitesh began his investment career in 2006. Prior to joining Jupiter, Mitesh was a Japanese equity analyst at Barings Asset Management from 2009 and Investment Manager, Japanese Equities from 2013. Before joining Barings, Mitesh spent three years at BlackRock Investment Management on the Global Equities and UK Equities teams. Mitesh has a BSc in Investment & Financial Risk Management from Cass Business School and is a CFA® charterholder.

Fund Overview

Mid (01/05/2024) 113.50p
Historic yield 2.27%
Fund size (31/01/2024) £1189.29m
Number of holdings 45
Entry Charge 0.00%
Ongoing Charges 0.98%
Launch date 17/09/2012

Asset Allocation

pie chart
  International Equities 95.04%
  Property 2.47%
  Cash and Equivalents 2.24%
  Other Assets 0.25%
Portfolio data accurate as at: 31/01/24

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 95.04%
  Property 2.47%
  Cash and Equivalents 2.24%
  Other Assets 0.25%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Financials 20.19% - - -
 
 Financial Services - 7.44% - -
 
 Investment Banking & Brokerage Services - - 7.44% -
 
 Diversified Financial Services - - - 4.47%
 
 Investment Services - - - 1.99%
 
 Asset Managers & Custodians - - - 0.98%
 
 Banks - 7.30% - -
 
 Banks - - 7.30% -
 
 Banks - - - 7.30%
 
 Insurance - 5.45% - -
 
 Non-life Insurance - - 5.45% -
 
 Property & Casualty Insurance - - - 5.45%
 
 Industrials 18.64% - - -
 
 Industrial Goods & Services - 15.62% - -
 
 Industrial Support Services - - 8.19% -
 
 Business Training & Employment Agencies - - - 6.22%
 
 Professional Business Support Services - - - 1.71%
 
 Transaction Processing Services - - - 0.26%
 
 Electronic & Electrical Equipment - - 4.54% -
 
 Electrical Components - - - 4.54%
 
 Industrial Engineering - - 2.89% -
 
 Machinery: Industrial - - - 2.89%
 
 Construction & Materials - 3.01% - -
 
 Construction & Materials - - 3.01% -
 
 Construction - - - 3.01%
 
 Consumer Discretionary 17.75% - - -
 
 Consumer Products & Services - 13.23% - -
 
 Leisure Goods - - 7.93% -
 
 Consumer Electronics - - - 5.00%
 
 Recreational Products - - - 2.93%
 
 Household Goods & Home Construction - - 5.30% -
 
 Home Construction - - - 5.30%
 
 Automobiles & Parts - 4.06% - -
 
 Automobiles & Parts - - 4.06% -
 
 Tires - - - 4.06%
 
 Media - 0.46% - -
 
 Media - - 0.46% -
 
 Media Agencies - - - 0.46%
 
 Technology 16.90% - - -
 
 Technology - 16.90% - -
 
 Technology Hardware & Equipment - - 11.05% -
 
 Semiconductors - - - 6.66%
 
 Computer Hardware - - - 3.30%
 
 Electronic Components - - - 1.10%
 
 Software & Computer Services - - 5.85% -
 
 Computer Services - - - 4.28%
 
 Software - - - 1.56%
 
 Basic Materials 9.06% - - -
 
 Chemicals - 9.06% - -
 
 Chemicals - - 9.06% -
 
 Chemicals: Diversified - - - 9.06%
 
 Telecommunications 8.45% - - -
 
 Telecommunications - 8.45% - -
 
 Telecommunications Service Providers - - 8.45% -
 
 Telecommunications Services - - - 8.45%
 
 Health Care 3.36% - - -
 
 Health Care - 3.36% - -
 
 Medical Equipment & Services - - 3.36% -
 
 Medical Equipment - - - 3.36%
 
 Real Estate 2.47% - - -
 
 Real Estate - 2.47% - -
 
 Real Estate Investment Trusts - - 2.47% -
 
 Diversified REITs - - - 2.47%
 
 Cash and Equivalents 2.24% - - -
 
 Utilities 0.71% - - -
 
 Utilities - 0.71% - -
 
 Waste & Disposal Services - - 0.71% -
 
 Waste & Disposal Services - - - 0.71%
 
 Non-Classified 0.25% - - -

Regional Allocation

pie chart
  Japan 95.04%
  Property 2.47%
  Cash and Equivalents 2.24%
  Non-Classified 0.25%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 97.34%
  Pound Sterling 2.66%

Regional Breakdown

Expand allCollapse all
Region Country
 
 Japan 95.04% -
 
 Japan - 95.04%
 
 Property 2.47% -
 
 Cash and Equivalents 2.24% -
 
 Non-Classified 0.25% -

Breakdown By Market Cap (%)

Mega
 
 
41.46%
Large
 
 
27.69%
Medium
 
 
10.65%
Small
 
 
16.42%
Micro
 
 
1.02%
Non-Classified
 
 
0.51%
Cash
 
 
2.24%

Top 10 Holdings

Stock % Weight Sector Country
1 GBPFWD FX CONTRACT15 FEB 2024 17.98% Non-Classified Non-Classified
2 MITSUI SUMITOMO INSURANCE CO. 7.30% Banks Japan
3 TOKIO MARINE HOLDINGS 5.45% Non-life Insurance Japan
4 SONY CORP 5.00% Leisure Goods Japan
5 SHIN-ETSU CHEMICAL CO. 4.71% Chemicals Japan
6 SOFTBANK CORP 4.67% Telecommunications Service Providers Japan
7 ORIX CORPORATION 4.47% Investment Banking & Brokerage Services Japan
8 RECRUIT HOLDINGS CO. 4.17% Industrial Support Services Japan
9 BRIDGESTONE CORPORATION 4.06% Automobiles & Parts Japan
10 SEKISUI HOUSE 4.03% Household Goods & Home Construction Japan

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 16.90% - - - - - - 16.90%
Telecommunications - 8.45% - - - - - - 8.45%
Financials - 20.19% - - - - - - 20.19%
Real Estate - - - - - 2.47% - - 2.47%
Consumer Discretionary - 17.75% - - - - - - 17.75%
Utilities - 0.71% - - - - - - 0.71%
Health Care - 3.36% - - - - - - 3.36%
Industrials - 18.64% - - - - - - 18.64%
Basic Materials - 9.06% - - - - - - 9.06%
Cash and Equivalents - - - - - - - 2.24% 2.24%
Non-Classified - - - - - - 0.25% - 0.25%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B6QC0Z6
Mex Code RWJEDV
Isin Code GB00B6QC0Z69
Citi Code 09QT

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.98%

Aims and Benchmark

Aims At least 70% of the Fund is invested in shares of companies based in Japan. Up to 30% of the Fund may be invested in other assets, including shares of companies based anywhere in the world, open-ended funds (including funds managed by Jupiter and its associates), cash and near cash.
Benchmark TSE 1st Section (TOPIX)
Benchmark Category -
IA Sector Japan

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type Unit Trust
Launch price £0.50
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Biannually
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 February 31 March
01 August 30 September

Ratings

FE Crown Crown Rating of 3

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository Northern Trust Global Services Limited
Fund Administrator Northern Trust Global Services Limited
Fund Registrar SS&C TECHNOLOGIES INC
Fund Custodian The Northern Trust Company

Group Details

Group name Jupiter Unit Trust Managers Limited
Group address The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ
Group telephone 020 3817 1063
Dealing telephone 0800 561 4000
Email intermediary-sales-support@jupiteram.com
Homepage www.jupiteram.com
Fax number 0800 561 4001

Dealing

Minimum Investment £5000000
Minimum Top Up £50000
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 2

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.