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.
In a nutshell, our approach is:
- Has no market-cap bias
- Has no sector constraints
- Has a long-term investment time horizon
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.
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.
USD 745.0 million (as at 31.05.2022)
Nomura Asset Management U.K. Ltd.
Yoshihiro Miyazaki, CMA, Senior Portfolio Manager, Nomura Asset Management Co. Ltd., Tokyo
Morningstar Universe: Japan Large-Cap Equity
IA Sector: Japan
Ireland (Nomura Funds Ireland Plc)
I JPY: IE00B3VTL690
I GBP: IE00B3W35Q81
I USD: IE00B3YZ8K73
I EUR: IE00B3YQ1K12
For additional share class information, please contact us.
|Fund||Monthly Factsheet||Fund Snapshot|
|Class I JPY|
|Class A JPY|
|Class R JPY|
|Class R EUR Hedged|
For a full list of available share class documents including KIIDs, 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 NAMupdates@nomura-asset.eu