Based on the popular 80s card game, each week we select an asset class and use FE Fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide who is the Top Trump.
This week the Invesco Nippon Small/Mid Cap Equity fund defeats the abrdn SICAV I – Japanese Smaller Companies Sustainable Equity fund 4-2.
abrdn SICAV I – Japanese Smaller Companies Sustainable Equity fund
The fund aims to achieve a combination of growth and income by investing in smaller capitalisation companies in Japan. The fund aims to outperform the MSCI Japan Small Cap Index (JPY) benchmark before charges.
Sector weightings:
- Industrials (27.3%)
- Information Technology (15%)
- Consumer Staples (10%)
- Real Estate (9.1%)
- Financials (9%)
- Consumer Discretionary (8.5%)
- Healthcare (7.5%)
- Communication Services (6.7%)
- Other (4.4%)
- Cash (2.6%)
Top 10 holdings:
- Tokyo Century Corp (4.1%)
- Tokyu Fudosan Holdings Corp (3.8%)
- JSB Co (3.8%)
- Kaga Electronics (3.7%)
- Okinawa Cellular Telephone Co (3.7%)
- Hachijuni Bank (3.4%)
- Life Corp (3.3%)
- Amada Co (3.2%)
- Internet Initiative Japan (3.1%)
- Jeol (3%)
Invesco Nippon Small/Mid Cap Equity fund
The objective of the fund is to achieve long-term capital growth by investing in small- to medium-sized Japanese companies and to a lesser extent in large Japanese companies.
Sector weightings:
- Software & Services (16.2%)
- Capital Goods (12.5%)
- Commercial & Professional Services (12.4%)
- Technology Hardware & Equipment (8.2%)
- Materials (7.9%)
- Health Care Equipment & Services (5.9%)
- Financial Services (4.8%)
- Media & Entertainment (3.7%)
- Others (24.5%)
- Cash (3.8%)
Top 10 holdings:
- BIPROGY (4.2%)
- Penta-Ocean Construction (4.1%)
- Towa (3.7%)
- Cover (3.5%)
- Daiei Kankyo (3.4%)
- Maruwa (3.4%)
- Taiyo (3.3%)
- m-up (3.2%)
- Meiko Electronics (2.8%)
- Kyudenko (2.7%)
