AJESX — Aberdeen Japanese Equities Fund
Data updated: 2020-01-13
AJESX — Aberdeen Japanese Equities Fund. Japan Blend / Core Equity · $1.68M AUM · 1.01% expense ratio. Holdings, fees, performance and SEC filings.
AJESX Fund Overview
AJESX — Aberdeen Japanese Equities Fund is a US mutual fund managed by abrdn Funds, categorised as Japan Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: abrdn Funds
- Category: Japan Blend / Core Equity
- Assets under management: $1.68M
- Ticker: AJESX
- SEC CIK: 0001413594
- SEC series ID: S000051714
- Share class ID: C000162730
AJESX Investment Objective and Strategy
Aberdeen Japanese Equities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by abrdn Funds.
Investment objective
The Aberdeen Japanese Equities Fund (the Japanese Equities Fund or the Fund) seeks long-term total return.
Principal investment strategy
As a non-fundamental policy, under normal circumstances, the Fund will invest at least 80% of the value of its net assets, plus any borrowings for investment purposes, in equity securities issued by Japanese companies. A company is generally considered to be a Japanese company if Fund management determines that the company meets one or more of the following criteria: the company is organized under the laws of, or has its principal office in, Japan; has its principal securities trading market in Japan; and/or derives the majority of its annual revenue or earnings or assets from goods produced, sales made or services performed in Japan. If the Fund changes its 80% investment policy, it will notify shareholders at least 60 days before the change and, if necessary, will change the name of the Japanese Equities Fund.
The Fund may invest in securities denominated in U.S. Dollars and the currencies of the foreign countries in which it is permitted to invest. The Fund typically has full currency exposure to those markets in which it invests. The Fund may invest without limit in the equity securities of companies of any size, including small-cap and mid-cap companies. Equity securities include, but are not limited to, common stock, preferred stock and depositary receipts. The Fund may invest in securities of any market sector and may hold a significant amount of securities of companies, from time to time, within a single sector. In carrying out the Funds investment strategies, the Adviser employs a fundamental, bottom-up equity investment process, which is based on first-hand research and disciplined company evaluation.
Stocks are identified for their long-term, fundamental value based on quality and price. ESG (Environmental, Social and Governance) analysis is fully integrated into investment decisions for all equity holdings. As such, the Adviser evaluates ESG factors as part of the investment analysis process and this forms an integral component of the Advisers quality rating for all companies.
AJESX Costs and Fees
AJESX costs about $101 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.01%
- Gross expense ratio: 9.71%
- Portfolio turnover: 30%
- Brokerage commissions: 2.73 bps of average net assets (SEC N-CEN)
AJESX Cashflows
Over the 12 months to 2019-10, Aberdeen Japanese Equities Fund had net inflows of $23.66K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2019-10 | $40.00K |
| 2019-09 | −$16.34K |
| 2019-08 | $0 |
AJESX Debt Constituents
No individual debt constituents are reported in Aberdeen Japanese Equities Fund's latest SEC N-PORT filing.
AJESX Prospectus and SEC Filings
Official Aberdeen Japanese Equities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Japan Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.