Posted inTop Trumps

Top Trumps: Japanese equities – 27 March 2025

This week FSA provides a quick comparison of two Japanese equity funds: the Eastspring Inv Japan Dynamic A Hedged USD fund and the Nomura Japan Strategic Value A Hedged USD fund.
Source: FE Fundinfo. All relevant fund data converted to US dollars for comparative purposes. Performance, alpha and volatility are annualised over three years with data as reported at the end of last month. Information ratio (IR) aims to measure a portfolio manager’s consistent ability to generate excess returns relative to a benchmark. The higher the IR, the more consistent the manager is.

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 which is the Top Trump.

This week, the Eastspring Inv Japan Dynamic A Hedged USD fund ties with the Nomura Japan Strategic Value A Hedged USD fund: 3-3

Eastspring Inv Japan Dynamic A Hedged USD fund

The sub-fund aims to generate long-term capital growth through a concentrated portfolio of equities, equity-related securities, bonds, and currencies. It will invest primarily in companies which are incorporated, listed in or have their area of primary activity in Japan.

Top 10 holdings:

  1. Pansonic
  2. Takeda Pharmaceutical
  3. East Japan Railway
  4. Sumitomo Mitsui Financial
  5. Resona
  6. Kubota
  7. Sumco
  8. Daito Trust Construction
  9. Yamato
  10. AGC

Nomura Japan Strategic Value A Hedged USD fund

The fund aims to achieve long-term capital growth through investment in a portfolio of Japanese equity securities.

Top 10 holdings:

  1. Mitsubishi UFJ Financial
  2. Hitachi
  3. Sony
  4. NTT
  5. Daiwa House Industry
  6. Nintendo
  7. Marubeni
  8. Tokio Marine
  9. Itochu
  10. Tokyo Electron

Part of the Mark Allen Group.