Nomura Funds Ireland –
Japan Sustainable Equity Core Fund
Nomura Funds Ireland – Japan Sustainable Equity Core Fund
Investment Style
Investing in companies that have the potential to make a positive impact on the environment and/or society by solving sustainability issues, while at the same time increasing their corporate value over the long term.
- High Conviction: approx. 30-50 stocks, no sector limits/targets
- In house ESG Analysis and Scoring as well as UN SDGs evaluation embedded throughout the investment process
- Active share consistently in excess of 75%
Philosophy
We believe that companies that take a proactive approach to solving environmental and/or social problems as a business can achieve long-term profit growth.
- We are committed to helping build a sustainable society while delivering superior returns to our clients by carefully selecting such stocks based on rigorous fundamental research and decision making by the portfolio management team supported by our proprietary ESG evaluation framework.
- We also leverage the Japan Active Core Strategy investment platform, which focuses on assessing historical relative valuation that indicates a fair value level for a company. Given that fair values can change over time as companies grow, restructure or transform, we aim to find gaps between market price and fundamental value by combining fundamental research and a quantitative screen.
Background on investing
- Japanese companies have made significant progress in modernising their governance structures, adopting more environmental sustainable practices and addressing longstanding social issues
- Corporate mindset has also shifted, as companies increasingly prioritize sustainable earnings over the pursuit of market share. A shift from short term financial profits to sustainable economic returns on capital is in progress
- Nomura AM is committed to ESG integration, backed by our local presence in the Japanese markets built over 60 years, which includes an on-the-ground team of 30 research professionals conducting rigorous analysis and impact assessments.
- PRI Assessment Report 2020: Nomura AM received A+ in all categories for which we made the report, including `Status of integration of responsible investments in listed stocks` and `Proxy Voting`.
Potential Significant Risks
The Fund’s specialist investment mandate could result in it not performing in line with funds that have a broader investment policy. By focusing its investments on 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. The Fund will hold a limited number of investments. If one of these investments falls in value this can have a greater impact on the Fund’s value than if it held a larger number of investments.
| Investment Objective | The investment objective of the Fund is to invest in companies that have the potential to make a positive impact on the environment and/or society by solving sustainability issues, while at the same time increasing their corporate value over the long term. |
| Fund Size | USD 12.4 millions (as at 31.10.2023) |
| Investment Company | Nomura Asset Management U.K. Ltd. |
| Fund Managers |
Makoto Yamamoto, CMA, Lead Portfolio Manager Hiroshi Nakayasu, CMA, Co-Portfolio Manager Hiromu Asano, CFA, Co-Portfolio Manager |
| Launch Date | 30.03.2022 |
| Base Currency | JPY |
| Sector | Equity Core |
| Benchmark | TOPIX |
| Domicile | Ireland (Nomura Funds Ireland plc) |
| Lead ISINs | I JPY: IE000U5GZZH8 For additional share class information, please contact us. |
| Fund | Monthly Factsheet | ||||
|---|---|---|---|---|---|
| Class A JPY | |||||
| Class I JPY |
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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]
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.
