Nomura Funds Ireland – Japan High Conviction Fund
Overview
Many attractive Japanese companies have maintained outstanding competitiveness in both the global and domestic markets. Many of them remain undetected, as sell-side research providers have scaled back their coverage of Japanese stocks over the years, leaving this market under-researched and isolated in global investment terms. Our unconstrained strategy (except of binding ESG criteria), which concentrates on investment in stocks that can sustain high ROE with a competitive edge, aims to take full advantage of the unique opportunities available in this market.
Our approach
- 100% bottom-up stock selection, long-only, benchmark agnostic strategy.
- Concentrated portfolio of around 30 stocks without sector limits* or targets.
- Invest in quality growth stocks that can sustain high ROE over the long term.
- Utilise the approach that combines quantitative and qualitative sustainability analysis including in-house ESG scores.
- SFDR** Classification: Article 8.
* Except for certain sector exclusions.
** EU Sustainable Finance Disclosure Regulation.
Further details of the sustainability strategy are described in the tab “Sustainability-related disclosure”.
Reasons to invest
- Our unconstrained, concentrated strategy aims to take full advantage of opportunities in the under-researched Japanese equity market.
- Focus on global players and unique game changers in Japan that take advantage of structural trends.
- Proven, repeatable process focused on Strength and Growth that drives a company’s ability to sustain high ROEs over the long term.
- One of the largest dedicated on-the-ground research resources in Japan.
Potential significant risks
By focusing its investments in Japan, the fund will have greater exposure to the market, political and economic risks of that country than if it were more diversified across a number of countries.
Sustainability information from investee companies and third-party data providers may be incomplete, inaccurate or unavailable. As a result, there is a risk that we may incorrectly assess a security or issuer, resulting in the incorrect inclusion or exclusion of a security in the portfolio.
Investment Objective |
To achieve long-term capital growth through investment in a concentrated, actively managed portfolio of Japanese equity securities. A benchmark agnostic, ‘best ideas’ approach which selectively invests in individual companies, focusing on strong and growing companies that can sustain high level of return on equity (ROE). |
Fund Size |
USD 26.1 million (as at 30.12.2025) |
Investment Manager |
Nomura Asset Management U.K. Ltd. |
Lead Fund Manager |
Shintaro Harada |
Launch Date |
07.08.2013 |
Base Currency |
JPY |
Universe |
Morningstar category: Japan Large-Cap Growth Equity IA Sector: Japan |
Benchmark |
TOPIX |
Domicile |
Ireland (Nomura Funds Ireland plc) |
Lead ISINs |
I JPY: IE00BBT38576 I GBP: IE00BBT38790 I USD: IE00BBT38469 A USD: IE00BBT38022 A EUR: IE00BBT38246 For additional share class information, please contact us. |
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| Class I JPY |
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| Class A JPY |
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| Class A USD |
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For a full list of available share class documents including PRIIPs KIDs, please visit our fund documents page.
The lead share class fund literature is shown first in the above list. If any literature is not available in the above list for the share class you are invested in/interested in, please contact [email protected]
Project BRIDGE
In March 2022, Nomura Asset Management (“NAM”) announced the launch of Project BRIDGE.
Read more about Project BRIDGE
Nomura Funds Ireland plc is an open-ended investment company with variable capital, incorporated in Ireland on 13th April, 2006 under the Act with registration number 418598. The Fund has been authorised by the Central Bank as an UCITS pursuant to the UCITS Regulations. The Fund is structured as an umbrella fund consisting of different Sub-Funds each comprising one or more Classes. The Fund has segregated liability between each of its Sub-Funds.
Full information on the presented funds, which is relevant for an investment decision, can be found in the fund´s most recent sales prospectus, key information document (PRIIPs KID), key investor information document (UCITS KIID) – as appropriate for your relevant jurisdiction – and annual and semi-annual reports. The UCITS KIIDs are available in English and, for the PRIIPs KIDs, in the official language of the countries in which the fund is registered for distribution. This fund displays higher volatility due to its composition / the techniques used by the fund management, i.e. unit prices can fluctuate upwards or downwards within short periods of time. Performance in the past is no guarantee of future success. There can be no guarantee that the fund´s investment objective will actually be achieved.
A summary of investor rights in English and information on collective redress mechanisms are available at https://www.nomura-asset.co.uk/download/funds/how-to-invest/Summary_of_investor_rights.pdf . Nomura Asset Management U.K. Limited may at any time decide to terminate arrangements it may have made for the marketing of units of a fund in a member state other than its home member state.
