Schroder Schroder Tokyo Fund Z Income Class Z Inc
Report And Accounts
Simplified Prospectus / KIID
Private Investor Factsheet
Professional Investor Factsheet
Performance
Discrete performance - to last month end
| 30/06/19 to 30/06/20 |
30/06/20 to 30/06/21 |
30/06/21 to 30/06/22 |
30/06/22 to 30/06/23 |
30/06/23 to 30/06/24 |
|
|---|---|---|---|---|---|
| Fund | -0.1% | 11.7% | -5.5% | 12.8% | 13.9% |
| Sector | 7.8% | 13.2% | -11.4% | 12.7% | 10.6% |
| Rank | 80/92 | 57/93 | 18/96 | 57/100 | 34/101 |
| Quartile | 4 | 3 | 1 | 3 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 30/06/24 |
5 Years to 30/06/24 |
10 Years to 30/06/24 |
||
| Fund | 6.7% | 6.3% | 8.5% | |
| Sector | 3.3% | 6.1% | 8.5% | |
| Rank | 29/96 | 54/92 | 35/66 | |
| Quartile | 2 | 3 | 3 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| MITSUI SUMITOMO INSURANCE CO. | 5.32 |
| TOYOTA MOTOR CORPORATION | 4.96 |
| HITACHI | 4.59 |
| TOKIO MARINE HOLDINGS | 3.16 |
| ORIX CORPORATION | 3.00 |
| MITSUI & CO. | 2.60 |
| ASAHI GROUP HOLDINGS | 2.55 |
| FUJIKURA LTD | 2.28 |
| T&D HOLDINGS INC | 2.26 |
| TAKEDA PHARMACEUTICAL COMPANY LIMITED | 2.19 |
| Total | 32.91 |
Fund Aims
The fund’s investment objective is to achieve capital appreciation through participation in the growth of the Japanese economy. Investment will be based primarily on Japan’s economic strengths, such as its manufacturing industry (in particular on those parts of it that are demonstrating an ability to exploit newly emerging technology) and on sectors benefiting from structural change in the economy. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Fund Manager
TBC
Fund Overview
| Mid (19/07/2024) | 126.10p |
| Historic yield | 1.47% |
| Fund size (31/05/2024) | £698.98m |
| Number of holdings | 67 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.92% |
| Launch date | 27/02/1981 |
Asset Allocation
| International Equities | 98.25% | |
| Cash and Equivalents | 1.71% | |
| Other Assets | 0.04% |
Commentary
Not Applicable
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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.
Asset Allocation
| International Equities | 98.25% | |
| Cash and Equivalents | 1.71% | |
| Other Assets | 0.04% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 31.60% | - | - | - | |
| Industrial Goods & Services | - | 26.29% | - | - | |
| General Industrials | - | - | 8.45% | - | |
| Diversified Industrials | - | - | - | 5.54% | |
| Glass | - | - | - | 1.48% | |
| Containers & Packaging | - | - | - | 1.43% | |
| Industrial Support Services | - | - | 6.89% | - | |
| Industrial Suppliers | - | - | - | 4.85% | |
| Business Training & Employment Agencies | - | - | - | 2.04% | |
| Industrial Engineering | - | - | 6.31% | - | |
| Machinery: Industrial | - | - | - | 3.68% | |
| Machinery: Specialty | - | - | - | 2.63% | |
| Electronic & Electrical Equipment | - | - | 3.54% | - | |
| Electrical Components | - | - | - | 3.54% | |
| Industrial Transportation | - | - | 1.09% | - | |
| Transportation Services | - | - | - | 0.55% | |
| Trucking | - | - | - | 0.54% | |
| Construction & Materials | - | 5.32% | - | - | |
| Construction & Materials | - | - | 5.32% | - | |
| Construction | - | - | - | 2.81% | |
| Building: Climate Control | - | - | - | 2.51% | |
| Financials | 16.44% | - | - | - | |
| Insurance | - | 7.09% | - | - | |
| Life Insurance | - | - | 3.92% | - | |
| Life Insurance | - | - | - | 3.92% | |
| Non-life Insurance | - | - | 3.16% | - | |
| Property & Casualty Insurance | - | - | - | 3.16% | |
| Banks | - | 6.35% | - | - | |
| Banks | - | - | 6.35% | - | |
| Banks | - | - | - | 6.35% | |
| Financial Services | - | 3.00% | - | - | |
| Investment Banking & Brokerage Services | - | - | 3.00% | - | |
| Diversified Financial Services | - | - | - | 3.00% | |
| Technology | 15.91% | - | - | - | |
| Technology | - | 15.91% | - | - | |
| Technology Hardware & Equipment | - | - | 9.79% | - | |
| Production Technology Equipment | - | - | - | 3.84% | |
| Semiconductors | - | - | - | 2.29% | |
| Electronic Components | - | - | - | 1.94% | |
| Electronic Office Equipment | - | - | - | 1.72% | |
| Software & Computer Services | - | - | 6.12% | - | |
| Computer Services | - | - | - | 3.78% | |
| Consumer Digital Services | - | - | - | 1.32% | |
| Software | - | - | - | 1.01% | |
| Consumer Discretionary | 13.73% | - | - | - | |
| Automobiles & Parts | - | 11.36% | - | - | |
| Automobiles & Parts | - | - | 11.36% | - | |
| Automobiles | - | - | - | 5.71% | |
| Auto Parts | - | - | - | 4.33% | |
| Tires | - | - | - | 1.32% | |
| Consumer Products & Services | - | 1.26% | - | - | |
| Leisure Goods | - | - | 1.26% | - | |
| Recreational Vehicles & Boats | - | - | - | 1.26% | |
| Travel & Leisure | - | 1.11% | - | - | |
| Travel & Leisure | - | - | 1.11% | - | |
| Hotels & Motels | - | - | - | 1.11% | |
| Basic Materials | 6.36% | - | - | - | |
| Chemicals | - | 4.77% | - | - | |
| Chemicals | - | - | 4.77% | - | |
| Chemicals: Diversified | - | - | - | 3.58% | |
| Specialty Chemicals | - | - | - | 1.19% | |
| Basic Resources | - | 1.59% | - | - | |
| Industrial Metals & Mining | - | - | 1.59% | - | |
| Iron & Steel | - | - | - | 1.59% | |
| Consumer Staples | 4.14% | - | - | - | |
| Food, Beverage & Tobacco | - | 3.77% | - | - | |
| Beverages | - | - | 2.55% | - | |
| Brewers | - | - | - | 2.55% | |
| Food Producers | - | - | 1.22% | - | |
| Food Products | - | - | - | 1.22% | |
| Personal Care, Drug & Grocery Stores | - | 0.37% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 0.37% | - | |
| Food Retailers & Wholesalers | - | - | - | 0.32% | |
| Personal Products | - | - | - | 0.04% | |
| Health Care | 3.63% | - | - | - | |
| Health Care | - | 3.63% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 2.19% | - | |
| Pharmaceuticals | - | - | - | 2.19% | |
| Medical Equipment & Services | - | - | 1.44% | - | |
| Medical Equipment | - | - | - | 1.44% | |
| Telecommunications | 2.04% | - | - | - | |
| Telecommunications | - | 2.04% | - | - | |
| Telecommunications Service Providers | - | - | 2.04% | - | |
| Telecommunications Services | - | - | - | 2.04% | |
| Utilities | 1.96% | - | - | - | |
| Utilities | - | 1.96% | - | - | |
| Waste & Disposal Services | - | - | 0.98% | - | |
| Waste & Disposal Services | - | - | - | 0.98% | |
| Gas, Water & Multi-utilities | - | - | 0.98% | - | |
| Gas Distribution | - | - | - | 0.98% | |
| Real Estate | 1.86% | - | - | - | |
| Real Estate | - | 1.86% | - | - | |
| Real Estate Investment & Services | - | - | 1.86% | - | |
| Real Estate Holding and Development | - | - | - | 1.86% | |
| Cash and Equivalents | 1.71% | - | - | - | |
| Non-Classified | 0.63% | - | - | - | |
Regional Allocation
| Japan | 98.25% | |
| Cash and Equivalents | 1.71% | |
| Non-Classified | 0.04% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Japan | 98.25% | - | |
Japan
|
- | 98.25% | |
| Cash and Equivalents | 1.71% | - | |
| Non-Classified | 0.04% | - | |
Breakdown By Market Cap (%)
| Mega |
|
33.95% |
| Large |
|
23.48% |
| Medium |
|
20.81% |
| Small |
|
14.88% |
| Micro |
|
0.99% |
| Non-Classified |
|
4.17% |
| Cash |
|
1.71% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | MITSUI SUMITOMO INSURANCE CO. | 5.32% | Banks | Japan |
| 2 | TOYOTA MOTOR CORPORATION | 4.96% | Automobiles & Parts | Japan |
| 3 | HITACHI | 4.59% | General Industrials | Japan |
| 4 | TOKIO MARINE HOLDINGS | 3.16% | Non-life Insurance | Japan |
| 5 | ORIX CORPORATION | 3.00% | Investment Banking & Brokerage Services | Japan |
| 6 | MITSUI & CO. | 2.60% | Industrial Support Services | Japan |
| 7 | ASAHI GROUP HOLDINGS | 2.55% | Beverages | Japan |
| 8 | FUJIKURA LTD | 2.28% | Electronic & Electrical Equipment | Japan |
| 9 | T&D HOLDINGS INC | 2.26% | Life Insurance | Japan |
| 10 | TAKEDA PHARMACEUTICAL COMPANY LIMITED | 2.19% | Pharmaceuticals & Biotechnology | Japan |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 15.91% | - | - | - | - | - | - | 15.91% |
| Telecommunications | - | 2.04% | - | - | - | - | - | - | 2.04% |
| Financials | - | 16.44% | - | - | - | - | - | - | 16.44% |
| Real Estate | - | 1.86% | - | - | - | - | - | - | 1.86% |
| Consumer Discretionary | - | 13.73% | - | - | - | - | - | - | 13.73% |
| Consumer Staples | - | 4.14% | - | - | - | - | - | - | 4.14% |
| Utilities | - | 1.96% | - | - | - | - | - | - | 1.96% |
| Health Care | - | 3.63% | - | - | - | - | - | - | 3.63% |
| Industrials | - | 31.60% | - | - | - | - | - | - | 31.60% |
| Basic Materials | - | 6.36% | - | - | - | - | - | - | 6.36% |
| Cash and Equivalents | - | - | - | - | - | - | - | 1.71% | 1.71% |
| Non-Classified | - | 0.59% | - | - | - | - | 0.04% | - | 0.63% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 | B58VQH8 |
| Mex Code | SIOKYO |
| Isin Code | GB00B58VQH84 |
| Citi Code | NND6 |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.92% |
Aims and Benchmark
| Aims | The fund’s investment objective is to achieve capital appreciation through participation in the growth of the Japanese economy. Investment will be based primarily on Japan’s economic strengths, such as its manufacturing industry (in particular on those parts of it that are demonstrating an ability to exploit newly emerging technology) and on sectors benefiting from structural change in the economy. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments. |
| Benchmark | Tokyo Stock Exchange 1st Section (Gross Total Return) Index |
| 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 | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 March | 30 April |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | J.P. Morgan Trustee and Depositary Company Limited |
| Fund Administrator | IFDS |
| Fund Registrar | IFDS |
| Fund Custodian | J.P. Morgan Trustee and Depositary Company Limited |
Group Details
| Group name | Schroder Unit Trusts Limited |
| Group address | 1 London Wall Place, London, EC2Y 5AU United Kingdom |
| Group telephone | 0800 718 777 |
| Dealing telephone | 0800 718 788 |
| investorservices@schroders.com | |
| Homepage | www.schroders.co.uk |
| Fax number | 0870 043 4080 |
Dealing
| Minimum Investment | £3000000 |
| Minimum Top Up | £100000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 4 days |
| Settlement Period: Sell | 4 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 investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 3.63 |
| Beta | 0.83 |
| Sharpe | 0.33 |
| Standard Deviation | 9.57 |
| Info Ratio | 0.90 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | No |
| Concentrated Portfolio | No |
| Smaller Companies | Yes |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | No |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Smaller Companies
The fund invests in smaller companies. Smaller companies shares can be more volatile and less liquid than larger company shares, so smaller companies funds can carry more risk.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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 client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s 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.