Trending: Top Three Japan Equity Funds

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

Trending: Top Three Japan Equity Funds

The Japanese Finance And Economy
MutualFunds.com analyzes the search patterns of our visitors every two weeks to find the top trending funds. By sharing these trends with our readers, we hope to provide insights into what the financial world is concerned about and how to position your portfolio.

First, we select the top trending category from more than 200 categories listed on MutualFunds.com based on the percentage increase in monthly viewership. From the top trending category, we select the top three funds with the highest one-year trailing total returns. To ensure the quality and staying power of funds, we only look at those mutual funds with a minimum of $250 million in assets and a track record of at least three years. We also remove those mutual funds that are closed to new investors and are not available for investment outside registered accounts such as retirement or 529 accounts.

In this week’s edition, we analyze the top three Japan Equity Funds. These funds invest in stocks and companies that are located in Japan or that derive the majority of their income from Japan. They are generally diverse when it comes to stock market selection with assets in multiple economic sectors. They also have no guideline on market capitalization with stocks ranging from small-cap up to large-cap being held in the fund’s portfolio.

Our breakdown of each fund includes key aspects such as one-year performance, fund expenses, investment style, and management teams to give you an overview of how these funds hold up against their peers.

Be sure to check out the Japan Equity Funds page to find out more about the other funds in this category as well.

Trending Funds

The top three funds in this category are broken down further below.

1. T. Rowe Price Japan Fund (PRJPX)

The top spot on our list this week is the Japan Fund (PRJPX) from T. Rowe Price. It has an outstanding one-year trailing total return of 23.31%. It comes with a relatively low expense ratio of 0.97% as well.

The investment strategy of the fund is to invest at least 80% of its assets in companies that are located in or have primary operations in Japan. Management selects equities that reflect a growth-oriented portfolio, favoring companies that have above-average, long-term earnings growth. It is benchmarked to the TOPIX (Tokyo Stock Price) Index.

Archibald Ciganer, CFA, is the portfolio manager of the fund and brings 13 years of experience in the Japanese equities market. He has been managing the fund since December 2013.

The top five holdings in the fund’s portfolio are SOFTBANK GROUP CORP (6.39%), Suzuki Motor (4.95%), Hoshizaki (4.71%), Keyence (4.43%), and Daikin Industries (3.68%). As of the end of June, the fund held 58 assets in its portfolio.

Learn more about different Portfolio Management concepts here.

PRJPX Barchart Interactive Chart 09 17 2020
2. Matthews Asia Japan Fund (MJFOX)

The runner-up mutual fund this week is Matthews Asia’s Japan Fund (MJFOX). It generated a one-year trailing total return of 18.04%. It also has a low 0.93% expense ratio, ensuring that investors receive the most profits from their investment.

The fund’s investment strategy is to invest at least 80% of its assets in Japanese equities or companies that derive at least 50% of their income from goods or services sold in Japan. Management selects growth-oriented stocks and may choose investments from any market sector or capitalization. It uses the MSCI Japan Index as its benchmark portfolio.

The lead portfolio manager of the fund is listed as Taizo Ishida who has been managing the fund since September 2006. He is supported by Shuntaro Takeuchi, a portfolio manager at Matthews, who joined the team in January 2019.

The top five holdings in the fund’s portfolio include Nintendo Co (4.6%), Sony Corp (4.5%), Daikin Industries (3.9%), Shin-Etsu Chemical Co (3.6%), and Nihon M&A Center (3.4%). The top five sector weights are information technology (27%), health care (19.1%), consumer discretionary (14.9%), industrials (14.1%), and communication services (9.6%).

Find out about the funds suitable for your portfolio by using our free Screener.

MJFOX Barchart Interactive Chart 09 17 2020
3. Fidelity Japan Fund (FJPNX)

Last on our top three list this week is the Japan Fund (FJPNX) offered through Fidelity. The fund provided a one-year trailing total return of 14.36%. The 1.01% expense ratio is the highest on our list but still comes in average compared to its peers with similar fund types.

The fund’s investment strategy is to invest at least 80% of its assets in Japanese stocks or companies that derive the majority of their profits from Japanese operations. Management selects stocks regardless of market sector or capitalization and uses fundamental analysis to identify strong investments. It uses the TOPIX (Tokyo Stock Price) Index as its benchmark portfolio.

The portfolio manager of the fund is Kirk Neureiter, who has been managing the fund since March 2014.

The top five holdings in the fund’s portfolio are currently listed as SOFTBANK GROUP CORP, Hoya Corp, Sony Corp, Takeda Pharmaceutical Co, and Orix Corp. The sector weights are listed as industrials (18.99%), information technology (15.05%), health care (13.15%), consumer discretionary (13.01%), and consumer staples (9.00%).

Want to know more about portfolio rebalancing? Click here.

FJPNX Barchart Interactive Chart 09 17 2020

The Bottom Line

Japan Equity Funds give investors exposure to Japanese stocks and investments that they might not otherwise have access to. However, the funds need to be used in conjunction with more regionally diverse funds to give investors a broader portfolio and minimize the risks associated with foreign equities, such as geopolitical and exchange rate risks.

Our expert analysis of the top three funds will give you insight so you know which Japan Equity Fund best fits your portfolio needs.

Make sure to visit our News section to catch up with the latest news about mutual fund performance.

Note: Data as of September 10, 2020


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next

The Japanese Finance And Economy

Trending: Top Three Japan Equity Funds

MutualFunds.com analyzes the search patterns of our visitors every two weeks to find the top trending funds. By sharing these trends with our readers, we hope to provide insights into what the financial world is concerned about and how to position your portfolio.

First, we select the top trending category from more than 200 categories listed on MutualFunds.com based on the percentage increase in monthly viewership. From the top trending category, we select the top three funds with the highest one-year trailing total returns. To ensure the quality and staying power of funds, we only look at those mutual funds with a minimum of $250 million in assets and a track record of at least three years. We also remove those mutual funds that are closed to new investors and are not available for investment outside registered accounts such as retirement or 529 accounts.

In this week’s edition, we analyze the top three Japan Equity Funds. These funds invest in stocks and companies that are located in Japan or that derive the majority of their income from Japan. They are generally diverse when it comes to stock market selection with assets in multiple economic sectors. They also have no guideline on market capitalization with stocks ranging from small-cap up to large-cap being held in the fund’s portfolio.

Our breakdown of each fund includes key aspects such as one-year performance, fund expenses, investment style, and management teams to give you an overview of how these funds hold up against their peers.

Be sure to check out the Japan Equity Funds page to find out more about the other funds in this category as well.

Trending Funds

The top three funds in this category are broken down further below.

1. T. Rowe Price Japan Fund (PRJPX)

The top spot on our list this week is the Japan Fund (PRJPX) from T. Rowe Price. It has an outstanding one-year trailing total return of 23.31%. It comes with a relatively low expense ratio of 0.97% as well.

The investment strategy of the fund is to invest at least 80% of its assets in companies that are located in or have primary operations in Japan. Management selects equities that reflect a growth-oriented portfolio, favoring companies that have above-average, long-term earnings growth. It is benchmarked to the TOPIX (Tokyo Stock Price) Index.

Archibald Ciganer, CFA, is the portfolio manager of the fund and brings 13 years of experience in the Japanese equities market. He has been managing the fund since December 2013.

The top five holdings in the fund’s portfolio are SOFTBANK GROUP CORP (6.39%), Suzuki Motor (4.95%), Hoshizaki (4.71%), Keyence (4.43%), and Daikin Industries (3.68%). As of the end of June, the fund held 58 assets in its portfolio.

Learn more about different Portfolio Management concepts here.

PRJPX Barchart Interactive Chart 09 17 2020
2. Matthews Asia Japan Fund (MJFOX)

The runner-up mutual fund this week is Matthews Asia’s Japan Fund (MJFOX). It generated a one-year trailing total return of 18.04%. It also has a low 0.93% expense ratio, ensuring that investors receive the most profits from their investment.

The fund’s investment strategy is to invest at least 80% of its assets in Japanese equities or companies that derive at least 50% of their income from goods or services sold in Japan. Management selects growth-oriented stocks and may choose investments from any market sector or capitalization. It uses the MSCI Japan Index as its benchmark portfolio.

The lead portfolio manager of the fund is listed as Taizo Ishida who has been managing the fund since September 2006. He is supported by Shuntaro Takeuchi, a portfolio manager at Matthews, who joined the team in January 2019.

The top five holdings in the fund’s portfolio include Nintendo Co (4.6%), Sony Corp (4.5%), Daikin Industries (3.9%), Shin-Etsu Chemical Co (3.6%), and Nihon M&A Center (3.4%). The top five sector weights are information technology (27%), health care (19.1%), consumer discretionary (14.9%), industrials (14.1%), and communication services (9.6%).

Find out about the funds suitable for your portfolio by using our free Screener.

MJFOX Barchart Interactive Chart 09 17 2020
3. Fidelity Japan Fund (FJPNX)

Last on our top three list this week is the Japan Fund (FJPNX) offered through Fidelity. The fund provided a one-year trailing total return of 14.36%. The 1.01% expense ratio is the highest on our list but still comes in average compared to its peers with similar fund types.

The fund’s investment strategy is to invest at least 80% of its assets in Japanese stocks or companies that derive the majority of their profits from Japanese operations. Management selects stocks regardless of market sector or capitalization and uses fundamental analysis to identify strong investments. It uses the TOPIX (Tokyo Stock Price) Index as its benchmark portfolio.

The portfolio manager of the fund is Kirk Neureiter, who has been managing the fund since March 2014.

The top five holdings in the fund’s portfolio are currently listed as SOFTBANK GROUP CORP, Hoya Corp, Sony Corp, Takeda Pharmaceutical Co, and Orix Corp. The sector weights are listed as industrials (18.99%), information technology (15.05%), health care (13.15%), consumer discretionary (13.01%), and consumer staples (9.00%).

Want to know more about portfolio rebalancing? Click here.

FJPNX Barchart Interactive Chart 09 17 2020

The Bottom Line

Japan Equity Funds give investors exposure to Japanese stocks and investments that they might not otherwise have access to. However, the funds need to be used in conjunction with more regionally diverse funds to give investors a broader portfolio and minimize the risks associated with foreign equities, such as geopolitical and exchange rate risks.

Our expert analysis of the top three funds will give you insight so you know which Japan Equity Fund best fits your portfolio needs.

Make sure to visit our News section to catch up with the latest news about mutual fund performance.

Note: Data as of September 10, 2020


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next