We have added Goldman Sachs Japan Equity Partners to The Adviser Centre as a Recommended fund.

Fund snapshot

This is a focused, larger-cap, benchmark-agnostic Japanese equity portfolio which favours companies that demonstrate sustainable and growing business models. The highly experienced Tokyo-based team is led by Ichiro Kosuge, who has been investing in growth stocks for over three decades.  Within its sector, the fund features in our ‘Larger-Cap, Growth’ category.  Please see our IA Sector Overview for more information.

Fund description - key points

• Philosophically, the team believes that industry-leading businesses with strong fundamentals, where the growth potential is under-appreciated by the market, provide good opportunities for excess returns.
• The preference is for established companies that are in a re-growth phase.
• There is a strong team ethic, with the process organised such that all individuals have an opportunity to express their views.
• The portfolio is concentrated at 25-40 stocks and the approach is benchmark-agnostic.

Characteristics and utility

• The fund is managed with a long-term mindset and portfolio turnover is relatively low. As such, the fund performance will, to a degree, be dictated by its inherent growth credentials.
• Relatively little reference is paid to the benchmark and, given the concentrated nature of the fund, there will be a degree of variability of returns in relation to the peer group and the benchmark.
• The fund is suitable for investors seeking companies in Japan with growth prospects.  Investors who are concerned about performance relative to the index should consider blending the fund with a benchmark-aware offering / a fund with greater sensitivity to value factors.

To view our full factsheet, please visit the fund page.