DJWAX — BNY Mellon Japan Womenomics Fund
Data updated: 2021-06-24
DJWAX — BNY Mellon Japan Womenomics Fund. Japan Growth Equity · $2.72M AUM · 1.25% expense ratio. Holdings, fees, performance and SEC filings.
DJWAX Fund Overview
DJWAX — BNY Mellon Japan Womenomics Fund is a US mutual fund managed by Bny Mellon Opportunity Funds, categorised as Japan Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Bny Mellon Opportunity Funds
- Category: Japan Growth Equity
- Assets under management: $2.72M
- 1-year return: 28.7%
- Ticker: DJWAX
- SEC CIK: 0001111178
- SEC series ID: S000062482
- Share class ID: C000202681
DJWAX Investment Objective and Strategy
BNY Mellon Japan Womenomics Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Bny Mellon Opportunity Funds.
Investment objective
The fund seeks long-term capital growth.
Principal investment strategy
"To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies listed or principally traded on a recognized stock exchange in Japan that, in the view of the fund's sub-adviser, benefit from the ""Womenomics"" initiative in Japan. This initiative seeks to enhance economic growth through the general economic empowerment of women and includes efforts to ease barriers to female employment outside the home, promote women to leadership positions, and close the gender pay gap. The fund invests principally in common stocks, and may invest in the stocks of companies with any market capitalization. The fund's sub-adviser uses an investment process that combines fundamental analysis and security valuation with the Womenomics growth theme.
Security selection reflects a growth-at-reasonable-price (GARP) style. Through fundamental, bottom-up research with a mid- to long-term view, the fund's sub-adviser seeks to identify companies with investment attributes such as growth potential, the ability to deliver long term earnings above market expectations, and attractive valuations. The fund's sub-adviser selects for investment those Japanese companies it determines will benefit from the Womenomics initiative, such as companies that (i) actively employ and promote women to leadership positions and help close the gender pay gap or have determined to adopt such a strategy going forward, (ii) offer products or services designed for women, or (iii) benefit directly or indirectly from the economic empowerment of women. By selecting such companies for investment by the fund, the fund's sub-adviser seeks investment opportunities that take advantage of societal and demographic changes in Japan and which the sub-adviser believes should benefit from the resultant growth of female economic power in Japan.
The fund is not managed to a benchmark index, nor will the fund's portfolio have the same characteristics as its designated broad-based securities market index the TOPIX Total Return Index, a market capitalization-weighted index consisting of all stocks traded on the First Section of the Tokyo Stock Exchange. The fund may sell a company's stock for a variety of reasons, such as to secure gains, to respond to a change in the fundamental outlook for the company, or to redeploy assets into more promising opportunities. Securities in which the fund invests generally will be denominated in Japanese yen. Under normal conditions, the fund will not engage in currency hedging."
DJWAX Performance
Total returns for DJWAX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 28.7% |
DJWAX Risk Information
Risk metrics for DJWAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.5%
DJWAX Costs and Fees
DJWAX costs about $125 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.25%
- Gross expense ratio: 10.92%
- Portfolio turnover: 36%
- Brokerage commissions: 1.74 bps of average net assets (SEC N-CEN)
DJWAX Cashflows
Over the 12 months to 2021-04, BNY Mellon Japan Womenomics Fund had net inflows of $915, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-04 | $0 |
| 2021-03 | $0 |
| 2021-02 | $0 |
| 2021-01 | $0 |
| 2020-12 | $70 |
| 2020-11 | $0 |
DJWAX Debt Constituents
No individual debt constituents are reported in BNY Mellon Japan Womenomics Fund's latest SEC N-PORT filing.
DJWAX Prospectus and SEC Filings
Official BNY Mellon Japan Womenomics Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-11-30
- Prospectus (485BPOS) — filed 2019-12-09
- Prospectus (485BPOS) — filed 2018-08-08
- Portfolio holdings (N-PORT) — filed 2021-06-24
- Portfolio holdings (N-PORT) — filed 2021-03-26
- Portfolio holdings (N-PORT) — filed 2020-12-29
- Annual census (N-CEN) — filed 2020-10-02
- Annual census (N-CEN) — filed 2019-10-02
Related Funds
Other Japan Growth 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.