Nomura Funds Ireland –
Japan Strategic Value Fund
Investing in values with future
Nomura Funds Ireland – Japan Strategic Value Fund
Our fund aims to take advantage of the twin themes of stock undervaluation and corporate restructuring to unlock value. We believe that the playing out of these themes will be a major driver of the Japanese equity market over the coming years.
Our Investment Approach
The fund management team uses a bottom-up investment strategy focused exclusively on individual stock selection decisions and driven by fundamental company analysis.
In order to identify stocks whose market prices are below their intrinsic value, the team employs a dual quantitative and qualitative approach. Our quantitative screen uses various indicators including the M&A ratio. Our qualitative process allows flexibility to focus on the key factors determining long-term outperformance.
Our fund aims to outperform the TOPIX Index by +3% p.a. with an associated risk level of around up to 10% p.a.
Background to Investing
This strategy is the result of several years of development on the part of Nomura. Launched in 2000 and initially only available to Japanese investors, it has produced a very good performance record since inception. The fund’s continued success is attributable to the established and stable investment team, substantial research platform and a consistent, unconstrained, value orientated, bottom-up approach.
Investment Style
In a nutshell, our approach is:
- Bottom-up
- Value-orientated
- Has no market-cap bias
- Has no sector constraints
- Has a long-term investment time horizon
Awards and Ratings
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 was more diversified across a number of countries.
| Investment Objective | To achieve long-term capital growth through investment in a portfolio of Japanese equity securities. A long-term strategy focusing on the unlocking of value at stock level, emphasising the long-term investment theme of improving returns at a corporate level. The approach is unconstrained and driven by in-depth research and fundamental analysis. |
| Fund Size | USD 1.79 billion (as at 31.03.2024) |
| Investment Company | Nomura Asset Management U.K. Ltd. |
| Fund Manager |
Yoshihiro Miyazaki, CMA, Senior Portfolio Manager, |
| Launch Date | 26.08.2009 |
| Base Currency | JPY |
| Universe Sector | Morningstar Universe: Japan Large-Cap Equity IA Sector: Japan |
| Benchmark | TOPIX |
| Domicile | Ireland (Nomura Funds Ireland plc) |
| Lead ISINs | I JPY: IE00B3VTL690 I GBP: IE00B3W35Q81 I USD: IE00B3YZ8K73 I EUR: IE00B3YQ1K12 For additional share class information, please contact us. |
| Fund | Monthly Factsheet | ||||
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| Class I JPY |
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| Class A JPY |
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| Class R JPY |
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| Class R EUR Hedged |
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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]
Fund Snapshot: This document was prepared by Nomura Asset Management Europe KVG mbH, from sources it reasonably believes to be accurate.
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.
