Morant Wright Fuji Yield Fund
October 2021
    Fund Information
    Fund size
    $255m
    Fund type
    UCITs OEIC, authorised in Ireland
    Fund currency
    Japanese Yen Sterling (hedged/unhedged) Euro (hedged/unhedged) US Dollar (hedged/unhedged) Swiss Franc (hedged)
    Launch date
    November 2014
    Geographical location
    100% Japanese equities
    Number of Holdings

    57

    Top Ten Holdings
    Mitsubishi Ufj Financial3.4%
    Inpex3.3%
    Dai-Ichi Life Holdings Inc3.1%
    Sumitomo Mitsui Financial Group3.1%
    Honda Motor Co. Ltd2.9%
    Fuji Media Holdings2.9%
    Sumitomo Mitsui Trust2.8%
    Inabata2.8%
    Infroneer Holdings2.6%
    Sumitomo Electric Industries2.6%
    Market Cap
    Large Cap (>$5b)34.6%
    Mid Cap ($1b - $5b)38.4%
    Small Cap (< $1b)24.3%
    Cash2.7%
    Average PBR0.68
    Median EV/OP* (3/22e)3.5
    Weighted Average P/E (3/22e)10.0
    Net cash as % of market cap*61%

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

    2020201920182017Performance since inceptionTOPIX Net TR since inception
    Yen (unhedged)-8.2%29.5%-18.4%16.9%53.2%56.6%
    TOPIX Net Total Return7.0%21.8%-16.3%17.7%
    Euro (hedged)-9.8%28.3%-18.8%16.1%52.4%64.1%
    Sterling (hedged)-9.7%29.5%-18.3%17.0%47.4%56.6%
    Swiss Franc (hedged)-9.8%N/AN/A15.9%-1.8%12.1%
    US Dollar (hedged)-8.3%30.7%-16.9%19.3%54.4%52.0%
    Yen B shares (unhedged)-8.0%28.4%-18.1%17.2%35.2%38.4%

    *Performance of TOPIX Net TR index since inception is shown in yen.

    Performance given for accumulating shares; distributing shares are available in the same currencies.

    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 31st 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 Asset Services (Ireland)
    Dealing frequency
    Daily
    Deal cut-off point
    11.00am (Irish time)
    Valuation point
    12.00pm (Irish time)

    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

    MWFYEAH

    BQ5BN33

    IE00BQ5BN330

    € 5,000

    1.00%

    1.30%

    Download KIID

    Euro Acc Unhedged

    MWFYEAU

    BDRKVZ5

    IE00BDRKVZ52

    € 5,000

    1.00%

    1.30%

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    Euro Dist Hedged

    MWFYEDH

    BQT49G3

    IE00BQT49G37

    € 5,000

    1.00%

    1.30%

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    Euro Dist Unhedged

    MWFYEDU

    BD1LVV0

    IE00BD1LVV03

    € 5,000

    1.00%

    1.30%

    Download KIID

    Sterling Acc Hedged

    MWFYGAH

    BQ5BN22

    IE00BQ5BN223

    £5,000

    1.00%

    1.30%

    Download KIID

    Sterling Dist Hedged

    MWFYGDH

    BQT49F2

    IE00BQT49F20

    £5,000

    1.00%

    1.30%

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    Sterling Dist Unhedged

    MWFYGDU

    BYWNV67

    IE00BYWNV678

    £5,000

    1.00%

    1.30%

    Download KIID

    Swiss Franc Acc Hedged

    MWFYCAH

    BQ5BN66

    IE00BQ5BN660

    CHF5,000

    1.00%

    1.30%

    Download KIID

    Swiss Franc Dist Hedged

    MWFYCDU

    BQT49K7

    IE00BQT49K72

    CHF5,000

    1.00%

    1.30%

    Download KIID

    US Dollar Acc Hedged

    MWFYUAH

    BQ5BN55

    IE00BQ5BN553

    $5,000

    1.00%

    1.30%

    Download KIID

    US Dollar Dist Hedged

    MWFYUDH

    BQT49J6

    IE00BQT49J67

    $5,000

    1.00%

    1.30%

    Download KIID

    Yen Acc Unhedged

    MWFYJAU

    BQ5BN44

    IE00BQ5BN447

    ¥1,000,000

    1.00%

    1.30%

    Download KIID

    Yen Dist Unhedged

    MWFYJDU

    BQT49H4

    IE00BQT49H44

    ¥1,000,000

    1.00%

    1.30%

    Download KIID

    Yen B Acc Unhedged

    MWFJBUH

    BV0LL84

    IE00BV0LL840

    ¥1,000,000

    0.75%*

    1.05%

    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

     Ex-Dividend Date 31-Oct-2130-Apr-2131-Oct-2030-Apr-2031-Oct-1926-Apr-1931-Oct-1827-Apr-1831-Oct-1728-Apr-17
    Dollar Distributing (hedged) BQT49J60.18880.21950.13970.21390.15890.23380.13670.1760.12760.1509
    Dollar Distributing (unhedged) BD9BP9850.14020.16670.10950.16290.13250.14620.10650.10540.0892
    Euro Distributing (hedged) BQT49G30.16630.19290.12720.19460.1470.23960.13530.17530.09690.1528
    Euro Distributing (unhedged) BD1LVV00.13540.15890.10920.16930.14740.16530.09690.0551
    Sterling Distributing (hedged) BQT49F2 0.16370.1960.12440.18360.04540.23180.12910.18540.11810.1495
    Sterling Distributing (unhedged) BYWNV670.13870.16790.11790.17450.18940.17860.11210.05510.0747
    Yen Distributing BQT49H4 IE17.209419.60512.951519.706314.755182.923912.884417.583712.944115.7944