Schroder Tokyo Retail A Accumulation Units

Sell : 154.30p | Buy : 163.70p | up 0.30p
Last valuation as at 07-01-2009

Also available as income units

At a glance

Initial charge 5.25%
Initial saving 5.25%
Annual charge 1.50%
Annual saving 0.250% ²
Total Expense Ratio 1.67%
Launch date 27-02-1981
Launch price £0.50
Sector Japan
Fund size £556 million
Number of holdings 70
Fund type Unit Trust
Type of units Accumulation

HL Research - Our view on this Fund

Mark Dampier Having gone through a similar crisis in the 1990s, Japan’s financial sector is in much better shape than the West’s. Andrew Rose is now seeing opportunities in economically sensitive areas and the property sector which he believes has been oversold but has good growth prospects. Given the uncertainty facing the world economy he is taking advantage of the extremely depressed valuations and we believe this could bolster returns longer term.

Full research

About the Fund Manager

Photo of Andrew Rose

Andrew Rose
Located in: London


Degree in Japanese and Politics. Investment career commenced in 1981 upon joining Schroders. Moved to Tokyo in 1984, returning to London in 1987 where he was responsible for Japanese equity investments for UK and continental European clients. He was seconded to Schroders Japan office as Senior Investment Officer in 1996. Returned to London in 1999 as Joint Head of the Japanese Equity Team, with overall responsibility for smaller company investment in Japan. Returned to Japan in 2001 where he is Head of the Japan office and Pan Pacific equities. Executive Director

 

Income details

Running yield N/a
Income paid 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 March 2009
Payment date ³ 30 April 2009

Top 10 holdings

Toyota Motor Corp. 6.41%
Takeda Pharmaceutical Co. 4.74%
East Japan Railway Co. 4.51%
KDDI Corp. 4.19%
Seven & I Holdings 3.22%
Mitsui & Co. 3.20%
Ricoh Co. 3.03%
Tachihi Enterprise Co. 2.89%
Sankyo Co. Ltd. (6417) 2.75%
Sumitomo Mitsui Financial Group 2.72%

Top 10 sectors

Automobiles & Parts 11.50%
Travel & Leisure 8.58%
Chemicals 6.92%
Electronic & Electrical Equipment 6.81%
Banks 6.56%
General Retailers 6.12%
Pharmaceuticals & Biotechnology 5.78%
Support Services 5.28%
Cash and Equiv. 4.94%
Technology Hardware & Equipment 4.45%

Top 10 countries

Japan 95.06%
Cash and Equiv. 4.94%

² Annual saving is not available in the SIPP.

³ 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.

Last valuation as at 07-01-2009. Data accurate as at 30/11/2008.

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