HSBC Japan Index Inc

IMA Sector:

Japan

ISIN:

GB0000150150

Fund Type:

OEIC

123.60p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 30-Oct-2024
  • Change: 1.70p
  • Change %: 1.39%
  • Currency: GBP
  • YTD change: 4.70p
  • YTD %: 3.95%

Fund Objective

The Fund's investment objective is to provide long term capital growth by matching the capital performance of the FTSE Japan Index.

View on Past Performance

Japanese equities faced their biggest drop since the beginning of the 1990s in a context of falling trading volume and high volatility. The credit crunch and fears over a systemic failure of the global banking system dominated events. Somewhat surprisingly, given the financial crisis, banks were among the best performing sectors, as they took stakes in the large US banks.

Future Expectations

Prevailing extreme market conditions do not support global equities and the Japanese market is no exception. Risk aversion continues to favour defensive sectors such as utilities. Current consensus earnings forecasts have not yet fully priced in the effect of the deterioration in the macroeconomic outlook. The market is likely to remain volatile.

Fund Details

Latest Price 123.60p IMA Sector Japan
Currency British Pound Launch Date 14/01/1989
Fund Size n/a Fund Manager Sinopia Asset Management (UK) Ltd
ISIN GB0000150150 Dividend 0.68p

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Price Info

Date 30-Oct-2024
NAV 123.60p
Currency GBP
Change 1.70p
% 1.39%
YTD change 4.70p
YTD % 3.95%

Fund Facts

Fund Inception 14/01/1989
Fund Manager Sinopia Asset Management (UK) Ltd
TER 0.33 (15-May-2012)

Fund Reports

Minimum Investment
Initial £1000
Additional £500
Savings £50
Charges
Initial n/a
Annual Mang't 0.25%
Exit n/a

Risks

Name %
Standard deviation 0.02
Sharpe ratio -0.03

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