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BNP PARIBAS ASSET MANAGEMENT - Asia Japan 1440x300

Parvest Equity Japan Small Cap

 
  • The fund invests at least 75% of its assets in equities and/or equity equivalent securities issued by companies having market capitalisation lower than JPY 500 billion and that have their registered office or conduct a significant proportion of their business in Japan.
  • The fund may invest in derivatives (up to 100%). These types of investments can involve material additional risks, for example counterparty default risk or insolvency, volatility risk, liquidity risk, leverage risk and valuation risk, and may expose the fund to significant losses.
  • The fund has significant exposure to a single country (Japan) and is likely to be subject to a greater concentration risk and higher volatility than a more diversified investment.
  • Investments in small cap companies may be less liquid and more volatile.
  • The management company may at its discretion pay dividends out of the capital of the fund. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any distributions involving payment of dividends out of the fund’s capital may result in an immediate reduction of the net asset value per share.
  • Investors should not solely rely on this document to make any investment decision. Please refer to the Singapore offering documents for further information (including the risk factors) about the fund.
  • Advised by Sumitomo Mitsui Asset Management (SMAM), one of the leading asset managers in Japan. Portfolio Manager Shunsuke Matsushima, 26 years of investment experience, has been dedicated to Japanese Small Cap Investments since 1996.
  • An original investment philosophy with focus on small cap companies, specifically those with the best growth potential in the long run that benefits from both valuation expansion and company growth.
  • The team has access to extensive qualitative analysis to support their fundamental bottom-up investment approach, benefiting from an in-house research platform that includes 17 Japanese equity analysts conducting over 700 company visits per year*.

These internal guidelines are mentioned for your information only and are subject to change. This constitutes an objective and not a guarantee.

Fund Fact

  • Launched on 30 September 1996, advised by SMAM since September 2003
  • Size: JPY 207.58 billion, as of 29 March 2018
  • ISIN Code: LU0069970746 (Classic)
  • Available in: JPY, EUR, EUR (hedged), USD (hedged)
  • Type of Share: Capitalisation, Yearly Distribution
  • Management Fee: 1.75% (Classic)

*Source: BNP Paribas Asset Management & Sumitomo Mitsui Asset Management, as of 29 March 2018.

Past performance is not necessarily indicative of current or future performance.

This material has been prepared by and is issued by BNP PARIBAS ASSET MANAGEMENT Singapore Limited*, a member of BNP Paribas Investment Asset Management (BNPP AM)**. The content has not been reviewed by the Monetary Authority of Singapore (“MAS”).

This material is produced for information purposes only and does not constitute: 1) an offer to buy nor a solicitation to sell, nor shall it form the basis of or be relied upon in connection with any contract or commitment whatsoever; or 2) any investment advice.

The information contained in this document is provided without prior knowledge of your circumstances, including your financial position, risk profile and investment objectives. Investors are recommended to seek the advice of their usual financial adviser(s) in order to assess the suitability of the product or strategy mentioned herein as an investment. This material makes reference to certain financial instruments (the “Financial Instrument(s)”) authorised and regulated in its/their jurisdiction(s) of incorporation.

No action has been taken which would permit the public offering of the Financial Instrument(s) in any other jurisdiction, except as indicated in the most recent prospectus, offering document or any other information material, as applicable, of the relevant Financial Instrument(s) where such action would be required, in particular, in the United States, to US persons (as such term is defined in Regulation S of the United States Securities Act of 1933). Prior to any subscription in a country in which such Financial Instrument(s) is/are registered, investors should verify any legal constraints or restrictions there may be in connection with the subscription, purchase, possession or sale of the Financial Instrument(s).

Investors considering subscribing for the Financial Instrument(s) should read carefully the most recent prospectus, offering document or other information material and consult the Financial Instrument(s)’ most recent financial reports. The prospectus, offering document or other information of the Financial Instrument(s) are available from your local BNPP IP correspondents, if any, or from the entities marketing the Financial Instrument(s) and all applications for units in the Financial Instrument(s) must be made on the application forms accompanying the Prospectus.

Opinions included in this material constitute the judgment of BNP PARIBAS ASSET MANAGEMENT Singapore Limited or its relevant affiliate[s] at the time specified and may be subject to change without notice. BNPP AMS is not obliged to update or alter the information or opinions contained within this material. Investors should consult their own legal and tax advisors in respect of legal, accounting, domicile and tax advice prior to investing in the Financial Instrument(s) in order to make an independent determination of the suitability and consequences of an investment therein, if permitted. Please note that different types of investments, if contained within this material, involve varying degrees of risk and there can be no assurance that any specific investment may either be suitable, appropriate or profitable for a client or prospective client’s investment portfolio.

Investments involve risks. Given the economic and market risks, there can be no assurance that the Financial Instrument(s) will achieve its/their investment objectives. Returns may be affected by, amongst other things, investment strategies or objectives of the Financial Instrument(s) and material market and economic conditions, including interest rates, market terms and general market conditions. The different strategies applied to the Financial Instrument(s) may have a significant effect on the results portrayed in this material. Past performance and any economic and market trends/forecasts are not a guide to future performance and the value of the investments in Financial Instrument(s) may go down as well as up. Investors may not get back the amount they originally invested. Changes in the rate of exchange may cause the value of investments to fluctuate.

The performance data, as applicable, reflected in this material, do not take into account the commissions, costs incurred on the issue and redemption and taxes. The document shall not be reproduced, distributed or transmitted, in whole or in part, to any person.

*BNP PARIBAS ASSET MANAGEMENT Singapore Limited, 10 Collyer Quay, #15-01 Ocean Financial Centre, Singapore 049315. Company Registration No:199308471D.
** “BNP Paribas Asset Management” is the global brand name of the BNP Paribas group’s asset management services. The individual asset management entities within BNP Paribas Asset Managementif specified herein, are specified for information only and do not necessarily carry on business in your jurisdiction. For further information, please contact your locally licensed Investment Partner.