LF Morant Wright Nippon Yield Fund
October 2021
    Fund Information
    Fund size
    £324m
    Fund type
    UK authorised OEIC
    Fund currency
    Sterling
    Launch date
    October 2008
    Geographical location
    100% Japanese equities
    Number of Holdings

    52

    Top Ten Holdings
    Sumitomo Mitsui Financial Group3.5%
    Mitsubishi UFJ Financial3.4%
    Sumitomo Mitsui Trust3.4%
    Dai-Ichi Life Holdings Inc3.4%
    Honda Motor Co. Ltd3.3%
    Inpex3.2%
    Toyota Motor Corp3.1%
    Fuji Media Holdings3.0%
    Infroneer Holdings2.7%
    Sumitomo Electric Industries2.7%
    Market Cap
    Large Cap (>$5b)39.4%
    Mid Cap ($1b - $5b)44.2%
    Small Cap (< $1b)15.4%
    Cash1.0%
    Average PBR0.69
    Median EV/OP* (3/22e)4.2
    Weighted Average P/E (3/22e)10.0
    Net cash as % of market cap*56%

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

    Performance20202019201820172016
    A Accumulation Shares-6.4%11.3%-12.8%18.1%28.6%
    B Accumulation Shares-5.9%11.9%-12.4%18.6%29.3%
    TOPIX Net Total Return9.1%15.2%-9.3%15.3%24.0%

    All performance information is calculated by Morant Wright Management Limited using share price data provided by Link Fund Solutions Limited (LFS). Share price performance is for income units with dividends reinvested up to August 2010, and accumulation units thereafter. Index data are taken from Bloomberg. Performance is given in £ terms 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. TOPIX TR is used for the purpose of performance comparison only as it is the most widely used benchmark which includes reinvestment of dividends and which most closely reflects the type of companies in which the fund invests.  

    Fund Administrator
    Link Fund Administrators Limited (LFA)
    Dealing frequency
    Daily
    Deal cut-off point
    12:00pm
    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: 0345 922 0044

    Fax: 0113 224 6001

    Dealing Department

    Link Fund Administrators Limited (LFA)

    Central Square

    9 Wellington Street

    Leeds LS1 4DL

    Share types and fees

    There are no performance fees.

    Share Class

    Bloomberg Code

    SEDOL

    ISIN

    Minimum
    investment

    AMC

    OCF

    A Accumulation

    CFMWNAA LN

    B3WYRF4

    GB00B3WYRF43

    £5,000

    1.5%

    1.68%

    Download KIID

    B Accumulation

    CFMWNBA LN

    B42MKS9

    GB00B42MKS95

    £5,000

    1.0%

    1.18%

    Download KIID

    A Income

    CFMWNYA LN

    B2R8390

    GB00B2R83902

    £5,000

    1.5%

    1.68%

    Download KIID

    B Income

    CFMWNYB LN

    B2R83B2

    GB00B2R83B20

    £5,000

    1.0%

    1.18%

    Download KIID

    Dividend per ‘A’ Income Share (SEDOL B2R8390)Dividend per ‘B’ Income Share (SEDOL B2R83B2)
    31-Oct-21 (est)4.70915.0278
    30-Apr-215.49185.848
    31-Oct-203.87754.1192
    30-Apr-205.88256.2359
    31-Oct-194.85235.1285
    30-Apr-195.47835.7753
    31-Oct-184.06024.2703
    30-Apr-184.94315.1862
    31-Oct-173.45953.6235
    30-Apr-174.15474.3976
    31-Oct-164.09774.2679

    The LF Morant Wright Nippon Yield Fund is not available for subscription or purchase by persons resident in the United States. Information on the fund is not intended for viewing by US investors.