Morningstar Fund Report  | 02/04/2025Print

Fidelity Funds - Japan Value Fund A-DIST-JPY

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Fidelity Funds - Japan Value Fund A-DIST-JPY
Fund9.1-1.314.35.21.2
+/-Cat6.85.92.2-4.13.2
+/-B’mrk6.84.60.9-5.13.9
 
Category: Japan Large-Cap Equity
Category Benchmark: Morningstar Japan TME NR JPY
Key Stats
NAV
01/04/2025		 JPY 68690.00
Day Change -0.04%
Morningstar Category™ Japan Large-Cap Equity
ISIN LU0161332480
Fund Size (Mil)
28/02/2025		 JPY 193026.94
Share Class Size (Mil)
01/04/2025		 JPY 38231.55
Max Initial Charge 5.25%
Ongoing Charge
12/12/2024		  1.92%
Investment Objective: Fidelity Funds - Japan Value Fund A-DIST-JPY
The fund aims to achieve capital growth over time.
Returns
Trailing Returns (GBP)01/04/2025
YTD1.20
3 Years Annualised7.20
5 Years Annualised11.60
10 Years Annualised8.18
12 Month Yield 0.08
Dividend Paying Frequency Annually
Management
Manager Name
Start Date
Min Zeng
01/08/2022
Inception Date
30/01/2003

Category Benchmark
Fund BenchmarkMorningstar Benchmark
TOPIX TR JPYMorningstar Japan TME NR JPY
Portfolio Profile for  Fidelity Funds - Japan Value Fund A-DIST-JPY28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.400.0099.40
Bond0.000.000.00
Property0.000.000.00
Cash1.080.480.60
Other0.000.000.00
Top 5 Regions%
Japan100.00
United States0.00
Canada0.00
Latin America0.00
United Kingdom0.00
Top 5 Sectors%
Industrials30.86
Financial Services21.61
Technology13.86
Consumer Cyclical11.69
Communication Services7.11
Top 5 HoldingsSector%
Hitachi LtdIndustrialsIndustrials5.47
Sumitomo Mitsui Financial Group IncFinancial ServicesFinancial Services5.38
Mitsubishi UFJ Financial Group IncFinancial ServicesFinancial Services4.50
Sony Group CorpTechnologyTechnology4.49
Toyota Industries CorpIndustrialsIndustrials3.98
Increase Decrease New since last portfolio
Fidelity Funds - Japan Value Fund A-DIST-JPY
Growth Of 1000 (GBP) 31/03/2025
Fund:  Fidelity Funds - Japan Value Fund A-DIST-JPY
Category:  Japan Large-Cap Equity
Category Index:  Morningstar Japan TME NR JPY
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-12.5019.616.219.10-1.3114.285.221.23
+/- Category-2.124.88-5.646.805.932.21-4.063.25
+/- Category Index-5.225.26-4.146.814.570.92-5.073.86
% Rank in Category7311756152086-
Trailing Returns (GBP)01/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.04   2.41-0.30
1 Week-2.82   0.430.92
1 Month-0.15   2.231.71
3 Months1.20   3.253.57
6 Months0.70   0.882.40
YTD1.20   3.253.57
1 Year-1.33   1.391.38
3 Years Annualised7.20   2.040.76
5 Years Annualised11.60   3.923.02
10 Years Annualised8.18   1.711.46
 
Category: Japan Large-Cap Equity
Category Index: Morningstar Japan TME NR JPY
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.23---
20249.56-2.71-1.300.01
20234.612.564.791.65
2022-2.08-2.861.212.51
20216.761.115.38-4.09
2020-16.2512.583.528.82
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average3 star
5-YearAbove AverageBelow Average4 star
10-YearAbove AverageAverage5 star
OverallAbove AverageAverage4 star
 
Category :  Japan Large-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev9.87 %
3-Yr Mean Return7.56 %
 
3-Yr Sharpe Ratio0.34
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Japan TME NR JPY  Morningstar Japan TME NR JPY
3-Yr Beta0.790.79
3-Yr Alpha3.582.73
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)JPY 3118321-
Market Capitalisation% of Equity
Giant41.11
Large27.58
Medium29.79
Small1.52
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings12.780.94
Price/Book1.190.93
Price/Sales0.900.90
Price/Cash Flow7.691.01
Dividend-Yield Factor2.471.01
 
Long-Term Projected Earnings Growth11.451.18
Historical Earnings Growth16.031.19
Sales Growth7.900.95
Cash-Flow Growth10.770.70
Book-Value Growth9.861.04
 
Category: Japan Large-Cap Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.400.0099.40
Bond0.000.000.00
Property0.000.000.00
Cash1.080.480.60
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States0.00-
Canada0.00-
Latin America0.00-
United Kingdom0.000.00
Eurozone0.00-
Europe - ex Euro0.00-
Europe - Emerging0.00-
Africa0.00-
Middle East0.000.00
Japan100.001.00
Australasia0.00-
Asia - Developed0.000.00
Asia - Emerging0.00-
 
Category: Japan Large-Cap Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.330.77
Consumer CyclicalConsumer Cyclical11.690.78
Financial ServicesFinancial Services21.611.37
Real EstateReal Estate2.080.64
Consumer DefensiveConsumer Defensive3.180.63
HealthcareHealthcare0.590.08
UtilitiesUtilities3.455.17
Communication ServicesCommunication Services7.110.78
EnergyEnergy2.253.80
IndustrialsIndustrials30.861.43
TechnologyTechnology13.860.80
 
Category: Japan Large-Cap Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings67
Total Number of Bond Holdings0
Assets in Top 10 Holdings40.12
NameSectorCountry% of Assets
Hitachi Ltd310Japan5.47
Sumitomo Mitsui Financial Group Inc103Japan5.38
Mitsubishi UFJ Financial Group Inc103Japan4.50
Sony Group Corp311Japan4.49
Toyota Industries Corp310Japan3.98
ITOCHU Corp310Japan3.71
NEC Corp311Japan3.42
Ryohin Keikaku Co Ltd102Japan3.32
Obayashi Corp310Japan2.93
Tokio Marine Holdings Inc103Japan2.93
 
Increase Decrease New since last portfolio
Category: Japan Large-Cap Equity
 
Management
Name of CompanyFidelity (FIL Inv Mgmt (Lux) S.A.)
Phone+ 352 250 404 2400
Websitewww.fidelity-international.com
Address2a, rue Albert Borschette
 Luxembourg   L-1246
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date30/01/2003
Fund Advisor(s)
FIL Fund Management Limited
Fund ManagerMin Zeng
Manager Start Date01/08/2022
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.25%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.92%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes