Morant Wright Sakura Fund
October 2021
    Fund Information
    Fund size
    $676m
    Fund type
    UCITs OEIC, authorised in Ireland
    Fund currency
    Japanese Yen Sterling (Hedged) Euro (Hedged) US Dollar (Hedged) Swiss Franc (Hedged)
    Launch date
    May 2013
    Geographical location
    100% Japanese equities
    Number of Holdings

    57

    Top Ten Holdings
    Dai-Ichi Life Holdings3.2%
    Tokyo Broadcasting System3.1%
    Toyota Motor3.0%
    Mitsubishi UFJ Financial Group2.9%
    Toyota Industries2.9%
    Kinden2.8%
    Honda Motor2.8%
    Canon Marketing2.7%
    Sumitomo Mitsui Trust2.7%
    Nippon Television Network2.7%
    Market Cap
    Large Cap (>$5b)38.4%
    Mid Cap ($1b - $5b)51.1%
    Small Cap (< $1b)7.8%
    Cash2.7%
    Average PBR0.71
    Median EV/OP* (3/22e)3.9
    Weighted Average P/E (3/22e)10.6
    Net cash as % of market cap*73%

    *Net cash (including investment securities) and EV/OP figures exclude financials

    20202019201820172016
    Euro (hedged)-10.1%12.0%-18.9%20.7%-0.8%
    Japanese Yen-8.5%12.8%-18.6%21.8%1.0%
    Sterling (hedged)-10.1%12.9%-18.4%21.7%-1.7%
    Swiss Franc (hedged)-10.2%11.7%-19.3%20.4%-1.6%
    US Dollar (hedged)-8.5%15.1%-17.0%22.8%-0.4%
    TOPIX (Net Total Return)7.0%17.7%-16.3%21.8%0.0%

    All performance information is calculated by Morant Wright Management Limited using share price data provided by Link Asset Services (Ireland). Index data are taken from Bloomberg. Performance is based on the fund nav. Data is valid as of 31 December 2020 and was accurate at that date. Morant Wright Management has a statutory obligation to point out that the value of all investments and the income therefrom can go down as well as up and the investor may not get back the amount invested. This may be caused by exchange rate fluctuations. Past performance is not necessarily a guide to future performance. The term ‘absolute return’ refers to the return that an asset may achieve over a certain period of time. In this context viewed as a period of upto 5 years. It differs from the term ‘relative return’ which refers to the return a fund or asset will achieve relative to an index or other benchmark. The term ‘absolute return’ does not imply any guarantee or certainty that any particular rate of return will be achieved or that investors will get back the amount invested.

    Fund Administrator
    Link Fund Administrator Ireland Limited (LFAI)
    Dealing frequency
    Daily
    Deal cut-off point
    11.00am
    Valuation point
    12.00pm

    To deal in shares of the Fund, please click here for the application form or contact Link by telephone or in writing

    Tel: +353 1 400 5300

    Fax: +353 1 400 5350

    Email: investordealing@linkgroup.ie

    Link Fund Administrators (Ireland) Limited

    2nd Floor, 2 Grand Canal Square

    Grand Canal Harbour

    Dublin 2

    Ireland

    Before making an investment in the Fund you must read the KIID which can be obtained from LFSI or ourselves https://www.morantwright.co.uk/mw-fuji-yield-fund, along with the Fund Prospectus and the latest report and accounts. Please also refer to https://www.linkgroup.eu/media/1617/20210730-shareholder-rights-policy_… for a full summary of investor rights

    Share Class

    Bloomberg code

    SEDOL

    ISIN

    Minimum Investment

    AMC

    OCF

    Euro Acc Hedged

    MWSKEUR

    B7ST847

    IE00B7ST8472

    € 5,000

    1.00%

    1.22%

    Download KIID

    Euro Dist Unhedged

    BYWNV45

    IE00BYWNV454

    € 5,000

    1.00%

    1.22%

    Download KIID

    Sterling Acc Hedged

    MWSKSTL

    B840XH9

    IE00B840XH97

    £5,000

    1.00%

    1.22%

    Download KIID

    Sterling Dist Unhedged

    BYWNV34

    IE00BYWNV348

    £5,000

    1.00%

    1.22%

    Download KIID

    Swiss Franc Acc Hedged

    MWSKCHF

    B93V6N7

    IE00B93V6N72

    CHF5,000

    1.00%

    1.22%

    Download KIID

    US Dollar Acc Hedged

    MWSKUSD

    B8JTQR2

    IE00B8JTQR23

    $5,000

    1.00%

    1.22%

    Download KIID

    US Dollar Dist UnHedged

    MWSKEUR

    B7ST847

    IE00BYWNV561

    $5,000

    1.00%

    1.22%

    Download KIID

    Yen Acc Unhedged

    MWSKYEN

    B9140F8

    IE00B9140F89

    ¥1,000,000

    1.00%

    1.22%

    Download KIID

    Yen B Acc Unhedged

    MWSKYBA

    BF1FZN6

    IE00BF1FZN69

    ¥1,000,000

    0.75%*

    0.97%

    Download KIID

    *Japanese Yen B (Accumulation shares only): 0.75% Management Fee + Performance Fee of 15% of outperformance of TOPIX Total Return Index

    Key Investor Information Documents can be found in the Share Types and Fees section.