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LF Morant Wright Japan Fund B Accumulation

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Performance History30/09/2021
Growth of 1,000 (GBP) Advanced Graph
LF Morant Wright Japan Fund B Accumulation
Fund16.9-12.310.8-6.311.4
+/-Cat-6.41.8-4.6-17.05.6
+/-B’mrk1.3-3.9-3.8-15.93.8
 
Category: Japan Flex-Cap Equity
Category Benchmark: TOPIX TR JPY
Key Stats
NAV
18/10/2021		 GBX 444.59
Day Change 0.50%
Morningstar Category™ Japan Flex-Cap Equity
IA (formerly IMA) Sector Japan
ISIN GB0033010124
Fund Size (Mil)
30/09/2021		 GBP 395.26
Share Class Size (Mil)
15/10/2021		 GBP 281.97
Max Initial Charge 5.00%
Ongoing Charge
09/07/2021		  1.17%
Morningstar Research
Analyst Report

Morant Wright Japan’s portfolio management team's experience and dedicated focus on Japanese equities is undoubtably the bright spot here. However, we have less conviction in their process, resulting in the divergent view between the High people...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleHigh
ParentAverage
ProcessAverage
Performance
Price
Investment Objective: LF Morant Wright Japan Fund B Accumulation
The investment objective of CF Morant Wright Japan Fund is longer term capital growth principally through diversified investment in Japanese equities and related instruments. There may be times in light of adverse conditions when the investment manager will wish to hold positions in collective investment schemes, money market instruments and warrants.
Returns
Trailing Returns (GBP)18/10/2021
YTD7.95
3 Years Annualised1.55
5 Years Annualised3.48
10 Years Annualised8.47
12 Month Yield 1.30
Management
Manager Name
Start Date
Stephen Morant
12/05/2003
Andrew Millward
02/03/2009
Click here to see others
Inception Date
12/05/2003
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
TOPIX TR JPYTOPIX TR JPY
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNot Specific
HedgingNo
OtherNot Specific
Portfolio Profile for  LF Morant Wright Japan Fund B Accumulation30/09/2021
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock100.000.00100.00
Bond0.000.000.00
Property0.000.000.00
Cash0.000.000.00
Other0.000.000.00
Top 5 Regions%
Japan100.00
United States0.00
Canada0.00
Latin America0.00
United Kingdom0.00
Top 5 Sectors%
Industrials30.60
Financial Services23.59
Consumer Cyclical16.84
Basic Materials13.33
Communication Services9.33
Top 5 HoldingsSector%
Mitsubishi UFJ Financial Group IncFinancial ServicesFinancial Services3.80
Dai-ichi Life Holdings IncFinancial ServicesFinancial Services3.62
Sumitomo Mitsui Financial Group IncFinancial ServicesFinancial Services3.57
Canon Marketing Japan Inc Shs St... IndustrialsIndustrials3.46
Honda Motor Co LtdConsumer CyclicalConsumer Cyclical3.28
Increase Decrease New since last portfolio
LF Morant Wright Japan Fund B Accumulation

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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