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IE00B3VTHJ49

Nomura Japan Strategic Value Fund(IE00B3VTHJ49)

Equities
Japan
JPY Cash
Accumulating

Invest with

JPY Cash

Payout type

Accumulating

Risk rating

About this fund

Description

The Fund seeks to achieve long term capital growth through investment in a portfolio of Japanese equity securities.

Key information

Annual report

Key fact sheet

Prospectus

Factsheet

Our perspective

Why we think this fund is best-in-class

Product

A value-oriented strategy combining value and quality characteristics, investing across a broad universe of undervalued Japanese companies with sustainable competitive advantages. No market cap constraints, with a bias toward large-cap but retains flexibility. Also unconstrained by sector or country, enabling conviction-driven capital allocation across Japan.

People

With over 60 years of experience since its founding in Tokyo in 1959, Nomura Asset Management is a global asset manager renowned for its deep knowledge of the Japanese market, overseeing more than USD 300 billion in Japanese equities. Led by Yoshihiro Miyazaki, Head of Japan Strategic Value strategy, who brings over 22 years of investment experience. He is supported by a team of three additional local investment professionals. Reflecting the team’s collaborative, hands-on approach, all four research-focused portfolio managers are actively involved in research, with Miyazaki himself also serving as a research analyst covering Machinery and Healthcare sectors. Strong alignment of interests with clients through Nomura's employee bonus tied to Fund's performance.

Performance

Aims to outperform the TOPIX Index by +3% p.a., with a comparable level of volatility to the benchmark. The Fund has consistently outperformed its benchmark on a net of fees, annualised basis across all timeframes, from 1 year to since inception, with especially strong performance when value outperformed growth, including every year from 2021 except 2024.

Process

Constructs a concentrated portfolio of typically 70-150 holdings using a pure bottom-up approach focused on company fundamentals, selecting stocks trading below their intrinsic value with strong potential and fundamental strength. Employs multiple proprietary risk systems to manage tracking error and limit single-stock exposure.

Cost

Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.

How it fits in a portfolio

The Fund offers a satellite exposure to Japan equities through a value-focused strategy, targeting undervalued stocks with strong potential and fundamental strength. Investors should remain mindful that the Fund is an equity strategy and will likely experience periods of heightened volatility and drawdowns. Additionally, the Fund is concentrated in its geography and quantity of holdings rather than in a broader diversified basket which may involve country-specific and stock-specific risks.

Invest in this fund

Performance

Returns

NAV

Shows the total return of this accumulating fund, which includes dividends reinvested.

Total returns

Cumulative

Annualised

All Time

469.29%

YTD

0.92%

1 month

-10.62%

6 month

9.83%

1 year

34.21%

3 year

100.12%

5 year

125.95%

10 year

244.79%

As of Mar 2026

Distributions

This is an accumulating fund, so dividends are re-invested at the fund level.

Risk metrics

Max drawdown

-29.69%As of Mar 2026

Volatility

16.64%As of Mar 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	4.0%	8.6%	-10.6%	-	-	-	-	-	-	-	-	-
2025	33.5%	2.1%	-1.8%	0.1%	-1.0%	6.8%	3.6%	4.1%	2.8%	4.2%	6.8%	1.4%	0.5%
2024	18.4%	7.7%	5.7%	4.7%	0.1%	0.2%	2.1%	-1.1%	-2.7%	-1.8%	-1.0%	1.6%	2.2%
2023	33.4%	4.3%	1.5%	0.5%	2.8%	4.9%	8.7%	1.6%	0.7%	1.3%	-1.9%	5.1%	0.3%
2022	3.8%	-1.0%	-0.0%	4.5%	-0.9%	1.3%	-3.0%	2.1%	1.8%	-5.2%	3.6%	5.0%	-4.0%
Load more		5 of 17

Top Exposures

Holdings

Regions

Sectors

Toyota Motor Corp	5.18%
Sumitomo Mitsui Financial Group Inc	4.90%
Hitachi Ltd	3.89%
Japan Post Bank Co Ltd	3.63%
NTT Inc	3.58%
Sony Group Corp	3.15%
ITOCHU Corp	2.40%
Marubeni Corp	2.30%
Tokio Marine Holdings Inc	2.27%
Sumitomo Electric Industries Ltd	2.14%

Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.

Fund fees

1.54%0.84% p.a.

Save 45%

Fund facts

ISIN

IE00B3VTHJ49

Fund house

Nomura AM

Fund size

JP¥487.3B

As of 22 Apr 2026

Fund benchmark

TOPIX TR JPY

Fund inception date

04 Jan 2010

Fund class currency

JPY

Fund share class

A JPY

Oldest share class ISIN

IE00B3VTL690

Oldest share inception date

26 Aug 2009

Pricing frequency

Daily

Warning statements

All investments involve risks (including the possibility of loss of the capital invested) and the price of fund units may go up as well as down.
Past performance is not indicative of future performance.
Although this fund has been authorised by the Hong Kong Securities and Futures Commission (“SFC”), it does not imply an official recommendation or endorsement by the SFC nor does it guarantee the commercial merits of the fund or its performance.
If you are in any doubt, you should clarify with us or seek independent professional advice.

Risk Warnings Investment involves risk. Past performance is not an indicator nor a guarantee of future performance or returns. Projected performance or returns are not guaranteed to materialise. The value of investments and the income from them can go down as well as up, and you may not get the full amount you invested. Rates of exchange may cause the value of investments to go up or down. Individual stock performance does not represent the return of a fund.

The value of the fund can be volatile and can go down substantially within a short period of time. It is possible that a certain amount or all of your investment could be lost.

Generic risk warnings relating to collective investment schemes

Funds are not a bank deposit and not capital guaranteed, and is subject to investment risks, including the possible loss of the principal amount invested. There is no assurance that a fund will have sufficient liquidity to meet redemption requests and that the fund's investment objectives and strategies will be achieved.

The funds' investment may involve substantial market, currency, volatility, liquidity, regulatory and political risks. Some funds may use derivatives, whether for hedging or for investment purposes. The risks associated with derivatives include counterparty/credit, liquidity, valuation, volatility and market risks. The fund's volatility may increase or decrease from its derivative usage and such fund may suffer losses from its derivative usage. Do not invest in these funds unless you fully understand and are willing to assume the risks associated with them.

Opinions Any forward-looking statements, prediction, projection or forecast on the economy, stock market, bond market or economic trends of the markets contained in this material are subject to market influences and contingent upon matters outside the control of Endowus HK Limited (“Endowus”) and therefore may not be realised in the future. Further, any opinion or estimate is made on a general basis and subject to change without notice. In presenting the information above, none of Endowus HK Limited, its affiliates, directors, employees, representatives or agents have given any consideration to, nor have made any investigation of the objective, financial situation or particular need of any user, reader, any specific person or group of persons. Therefore, no representation is made as to the completeness and adequacy of the information to make an informed decision. You should carefully consider (i) whether any investment views and products/ services are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances. You may also wish to seek financial advice through a financial advisor or the Endowus platform and independent legal, accounting, regulatory or tax advice, as appropriate.

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