10. Schroder ISF Japanese Equity
Net outflows: $347.3m
Schroder’s Japanese equity fund recorded net outflows of $347.3m in the first quarter.
The fund was launched in 2000 and is registered for sale in the UAE. The fund is managed by Kazuhiro Toyoda.
Over a three month period ending March, the $1.6bn fund underperformed its benchmark by 2.8%.
Top holdings in the portfolio include 3.9% in Nippon Telegraph & Telephone, 3.6% in ITOCHU, 3.0% in Keyence and 3.0% in Takeda Pharmaceutical.
The largest exposures in sectors include 13.95 in information and communication, 10.6% in electric appliances and 7.8% in wholesale trade.