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Capital Group Japan Equity (LUX) B JPY

Ranked 15 out of 35 in - Japan over 12 months
All calculations are in USD unless stated

Managed by

Akira Horiguchi

Based in Tokyo, Akira Horiguchi is an equity portfolio manager at Capital Group where as an equity investment analyst, he covers Japan as a SMID-cap generalist. Horiguchi has over 20 years of investment experience. Prior to joining the company, he was an investment manager of Japanese equities with Gartmore Investment Management Japan Ltd. Before that, he worked with MeesPierson Capital Management Japan Ltd. He holds a bachelor’s degree in economics from Tokyo University and is a chartered member of the Security Analysts Association of Japan.

Andrew Johnsen

Andrew B. Johnsen is an equity portfolio manager at Capital Group. He has over 29 years of investment experience and has been with Capital Group since 2007. Earlier in his career, Andrew worked in the international equity division of Boston Company Asset Management as a senior portfolio manager and the lead manager of its Japan Value Equity strategy. Prior to that, he was an equity research analyst with Templeton Investment Counsel and an equity analyst with Putnam Investments. Andrew’s financial industry experience also includes service with KPMG Peat Marwick, First Northern Bank and Colonial Mortgage. He holds an MBA from Columbia University and a bachelor’s degree in business administration from the University of New Hampshire. He also holds the Chartered Financial Analyst designation. Andrew is based in Los Angeles.

Seung Kwak

Seung Kwak is an equity portfolio manager at Capital Group. Kwak was born in South Korea and attended Yale University, where he received a Masters in International Relations. He was previously a CIO and lead portfolio manager at Zurich Scudder Investments, before moving to Capital Group to co-manage the firm’s Japan Equity fund. Kwak focuses on mid to large cap firms, seeking those companies that have a strong competitive position and business model. Based in Tokyo, Kwak is a CFA holder.


Long-term capital growth through investment primarily in listed Equity of issuers domiciled and/or having their principal place of business in Japan. Unlisted securities may also be purchased, subject to the relevant provisions of the General Investment Guidelines and Restrictions.

Showing fund performance in Hong Kong View performance globally


Japan over : 31/10/2017 - 31/10/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 0.4% -3.0% 3.1%
2017 28.6% 5.8% 6.0% 5.4% 8.8%
2016 1.0% -7.1% 0.9% 9.2% -1.3%
2015 8.5% 9.7% 4.6% -15.5% 12.0%
2014 -7.5% -5.8% 4.8% -3.4% -3.1%
2013 34.2% 12.5% 5.9% 8.5% 3.8%
2012 11.6% 13.2% -7.2% -0.3% 6.6%
2011 -15.4% -3.0% 1.2% -10.5% -3.7%
2010 22.2% 9.7% -9.5% 5.3% 16.8%
2009 5.8% -18.4% 23.9% 8.7% -3.7%
2008 -33.3% -9.3% -1.7% -17.2% -9.6%
2007 -4.6% -1.0% 1.2% -0.5% -4.4%
2006 -1.8% 3.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
SoftBank Group Corp ORD 3.84%
Fast Retailing Co Ltd ORD 3.78%
Shin-Etsu Chemical Co Ltd ORD 3.44%
Murata Manufacturing Co Ltd ORD 3.28%
Shionogi & Co Ltd ORD 2.88%
SBI Holdings Inc ORD 2.85%
Daiwa House Industry Co Ltd ORD 2.80%
Asahi Kasei Corp ORD 2.54%
Japan Tobacco Inc ORD 2.40%
SMC Corp ORD 2.17%

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Finland
  5. France
  6. Germany
  7. Hong Kong
  8. Iceland
  9. Ireland
  10. Italy
  11. Luxembourg
  12. Netherlands
  13. Norway
  14. Portugal
  15. Singapore
  16. Spain
  17. Sweden
  18. Switzerland
  19. United Kingdom

Fund Info

  • Launch date20/04/2006
  • Share Class size1,425Mn
  • Base currencyUSD
  • ISIN LU1029763395

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0


  • Annual management1.50%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).