Morningstar Fund Report  | 13/04/2025Print

Invesco Japanese Equity Advantage Fund (UK) Z Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Invesco Japanese Equity Advantage Fund (UK) Z Acc
Fund1.7-9.18.413.9-1.0
+/-Cat-0.6-1.9-3.74.71.1
+/-B’mrk-0.6-3.2-5.03.71.6
 
Category: Japan Large-Cap Equity
Category Benchmark: Morningstar Japan TME NR JPY
Key Stats
NAV
11/04/2025		 GBX 520.25
Day Change -1.71%
Morningstar Category™ Japan Large-Cap Equity
IA (formerly IMA) Sector Japan
ISIN GB00B8N44W47
Fund Size (Mil)
31/03/2025		 GBP 94.04
Share Class Size (Mil)
31/03/2025		 GBP 40.68
Max Initial Charge -
Ongoing Charge
14/02/2025		  0.75%
Investment Objective: Invesco Japanese Equity Advantage Fund (UK) Z Acc
The Fund aims to achieve long-term (5 years plus) capital growth. The Fund invests at least 80% of its assets in shares or other equity related securities of companies incorporated, domiciled or carrying out the main part of their economic activity in Japan. In pursuing the Fund’s investment objective, the fund manager may consider it appropriate to also invest in other transferable securities (including non Japanese companies), money-market instruments, collective investment schemes (including funds managed by the Invesco group), deposits and cash.
Returns
Trailing Returns (GBP)11/04/2025
YTD-4.85
3 Years Annualised6.30
5 Years Annualised6.38
10 Years Annualised3.33
12 Month Yield 1.23
Management
Manager Name
Start Date
Tadao Minaguchi
01/07/2024
Fumichika Tanemoto
28/03/2024
Inception Date
12/11/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
TOPIX NR JPYMorningstar Japan TME NR JPY
Portfolio Profile for  Invesco Japanese Equity Advantage Fund (UK) Z Acc31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.800.0098.80
Bond0.000.000.00
Property0.000.000.00
Cash0.370.040.34
Other0.870.000.87
Top 5 Regions%
Japan100.00
United States0.00
Canada0.00
Latin America0.00
United Kingdom0.00
Top 5 Sectors%
Industrials19.83
Technology17.85
Consumer Cyclical17.83
Healthcare14.16
Financial Services13.07
Top 5 HoldingsSector%
USS Co LtdConsumer CyclicalConsumer Cyclical4.89
Sanrio Co LtdConsumer CyclicalConsumer Cyclical4.79
Keyence CorpTechnologyTechnology4.39
Canon IncTechnologyTechnology4.36
Hoya CorpHealthcareHealthcare4.00
Increase Decrease New since last portfolio
Invesco Japanese Equity Advantage Fund (UK) Z Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Invesco Japanese Equity Advantage Fund (UK) Z Acc
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-11.367.71-2.561.68-9.138.3613.94-0.99
+/- Category-0.99-7.02-14.41-0.62-1.89-3.714.671.13
+/- Category Index-4.09-6.64-12.91-0.61-3.24-5.003.661.63
% Rank in Category6494966271831326
Trailing Returns (GBP)11/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.71   0.091.65
1 Week1.80   1.052.37
1 Month-4.93   0.400.80
3 Months-4.78   1.772.16
6 Months-7.02   -1.17-1.65
YTD-4.85   1.932.55
1 Year0.02   6.537.87
3 Years Annualised6.30   1.110.13
5 Years Annualised6.38   -0.05-0.17
10 Years Annualised3.33   -2.21-2.36
 
Category: Japan Large-Cap Equity
Category Index: Morningstar Japan TME NR JPY
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-0.99---
20248.03-1.199.96-2.92
20231.593.67-0.313.20
2022-5.36-6.821.411.60
20212.04-0.866.75-5.85
2020-22.1111.25-1.1913.80
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageLow3 star
5-YearAverageBelow Average3 star
10-YearLowAverage1 star
Overall*Below AverageBelow Average2 star
 
Category :  Japan Large-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev10.19 %
3-Yr Mean Return6.02 %
 
3-Yr Sharpe Ratio0.18
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Japan TME NR JPY  Morningstar UK Adv Tgt Alloc NR GBP
3-Yr Beta0.710.70
3-Yr Alpha3.082.66
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 6418-
Market Capitalisation% of Equity
Giant19.71
Large29.68
Medium43.04
Small7.57
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.181.04
Price/Book1.451.13
Price/Sales1.311.31
Price/Cash Flow8.691.14
Dividend-Yield Factor2.481.02
 
Long-Term Projected Earnings Growth9.010.93
Historical Earnings Growth13.571.01
Sales Growth9.311.12
Cash-Flow Growth22.991.49
Book-Value Growth8.150.86
 
Category: Japan Large-Cap Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock98.800.0098.80
Bond0.000.000.00
Property0.000.000.00
Cash0.370.040.34
Other0.870.000.87
World Regions31/03/2025
 % 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 Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials6.641.54
Consumer CyclicalConsumer Cyclical17.831.19
Financial ServicesFinancial Services13.070.83
Consumer DefensiveConsumer Defensive3.160.63
HealthcareHealthcare14.161.89
Communication ServicesCommunication Services6.360.70
EnergyEnergy1.111.87
IndustrialsIndustrials19.830.92
TechnologyTechnology17.851.04
 
Category: Japan Large-Cap Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings45
Total Number of Bond Holdings0
Assets in Top 10 Holdings41.65
NameSectorCountry% of Assets
USS Co Ltd102Japan4.89
Sanrio Co Ltd102Japan4.79
Keyence Corp311Japan4.39
Canon Inc311Japan4.36
Hoya Corp206Japan4.00
Trend Micro Inc311Japan3.95
ORIX Corp103Japan3.94
Sumitomo Mitsui Financial Group Inc103Japan3.81
Toyota Tsusho Corp310Japan3.79
Mizuho Financial Group Inc103Japan3.72
 
Increase Decrease New since last portfolio
Category: Japan Large-Cap Equity
 
Management
Name of CompanyInvesco Fund Managers Limited
Phone+44 (0) 1491 417000
Websitewww.invesco.com/uk
AddressPerpetual Park, Perpetual Park Drive, Henley-on-Thames,
 Oxfordshire   RG9 1HH,
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date12/11/2012
Fund Advisor(s)
Invesco Asset Management Ltd
Fund ManagerTadao Minaguchi
Manager Start Date01/07/2024
 
Biography
Minaguchi is a vice president of Morgan Stanley Asset & Investment Trust management Co., Limited, his employer since 1997.
Fund ManagerFumichika Tanemoto
Manager Start Date28/03/2024
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge0.75%
Purchase Details
Minimum Investments
Initial500  GBP
Additional100  GBP
Savings20  GBP
Tax Free Savings Schemes
ISAsYes