Mansartis

Customer space fr

Japanese
equities

Investing in Japanese companies is not simply a matter of focusing on the evolution of the nation’s domestic economy; but also on the growth of the emerging countries to which Japan is increasingly connected.
Joachim JanAsia Pacific Equity Fund Manager

Cumulative performance
as of 28th february 2020

  2020 1 month 3 months 1 year 3 years 5 years
Mansartis japon -10.78% -9.31% -11.24% 6.43% 22.37% 30.53%
TOPIX NR EUR -10.29% -9.53% -10.12% 2.07% 4.83% 24.18%

Net Asset Value
as of 28th february 2020

MANSARTIS JAPON 135.82€

The Japanese stock market tends to be neglected, yet it offers a rich pool of investment opportunities. Among the listed companies are numerous high-quality enterprises that are leaders in their respective sectors. Investing in Japanese companies is not simply a matter of focusing on the evolution of the nation’s domestic economy; but also on the growth of the emerging countries to which Japan is increasingly connected. Mansartis manages a portfolio based on strong convictions, built independently of the reference index, and composed of some 50 companies in which we have invested for the long term. We seek out growth companies in sectors with high barriers to entry, leaders in their respective industries, with durable competitive advantage. Many of the companies in our portfolio possess huge global or domestic market share, often in growth categories such as those related to aging populations, digital transformation or industrial automation.

Main holdings
as of 31st january 2020

Asahi Intecc 7.02 %
Shin-Etsu Chemicals 5.51 %
Keyence 5.24 %
Obic 4.85 %
M3 Inc 4.38 %
Daifuku 4.23 %
Sysmex 4.2 %
Nihon M&A Center 4.05 %
Fast Retailing 4.03 %
Kao 3.84 %

Geographical breakdown
as of 31st january 2020

JAPAN 100.00 %

Sector breakdown
as of 31st january 2020

industry 21.75 %
healthcare 19.17 %
technology 15.29 %
c.discretionary 12.11 %
Others 31.68 %

Capitalisation breakdown
as of 31st january 2020

Large capitalisations : 62.43 % > 10 Billions
Mid capitalisations : 35.8 % 1 et 10 Billions
Small capitalisations : 1.77 % < 1 Billion
  • Isin : FR0010206144
  • Bloomberg code : PGCJAPN FP
  • Legal form : FCP (FR)
  • AMF Classification : International equities
  • Currency : EURO
  • Date of inception : 07/07/2005
  • Reference indicator : TOPIX NR EUR
  • Custodian : CACEIS BANK
  • Management fees : 2% MAXIMUM
  • Subscription fees : 2% MAXIMUM
  • Redemption fees : 2% MAXIMUM
  • Tax provision : NON PEA ELIGIBLE
  • SRRI* : 6

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