Manager firm
Baillie Gifford & Co
Manager(s)
Matt Brett
Structure
investment_trust
AIC sector
Japan
Domicile
United Kingdom
Base currency
GBP
Latest factsheet
2026-04-30
Snapshot date
2025-08-31
Manager firm
Baillie Gifford & Co
Manager(s)
Matt Brett
Structure
investment_trust
AIC sector
Japan
Domicile
United Kingdom
Base currency
GBP
Latest factsheet
2026-04-30
Snapshot date
2025-08-31
Share price
982.00p
NAV / share
1094.98p2026-07-16
Premium / discount
-10.32%
Fund size
£798m
OCF
0.71%
Performance fee
—
Gearing
7.00%
Dividend yield
1.10%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| ytd | -21.4% | -2.7% | -18.7pp |
| ytd | -9.1% | 2.8% | -11.9pp |
| ytd | 1.4% | 21.7% | -20.3pp |
| ytd | -0.1% | -2.5% | +2.4pp |
| ytd | 14.9% | 23.9% | -9.0pp |
| 1y | 25.6% | 28.0% | -2.4pp |
| 3y | 28.4% | 56.3% | -27.9pp |
| 5y | -9.5% | 57.6% | -67.1pp |
| 10y | 117.6% | 158.7% | -41.1pp |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | SoftBank Group | — | — | 7.2% |
| 2 | SBI Holdings | — | — | 4.0% |
| 3 | Rakuten | — | — | 3.9% |
| 4 | Sumitomo Mitsui Trust | — | — | 3.6% |
| 5 | FANUC | — | — | 3.4% |
| 6 | GMO Internet | — | — | 3.1% |
| 7 | CyberAgent | — | — | 3.1% |
| 8 | Sony | — | — | 3.0% |
| 9 | SMC | — | — | 2.7% |
| 10 | MISUMI | — | — | 2.7% |
| Info, Comm and Utilities | 18.4% | |
| Commerce & Services | 15.3% | |
| Electricals & Electronics | 15.1% | |
| Manufacturing & Machinery | 14.1% | |
| Financials | 9.1% | |
| Net Liquid Assets | 7.5% | |
| Chemicals & Other Materials | 7.0% | |
| Pharmaceuticals & Foods | 5.8% | |
| Retail | 5.1% | |
| Real Estate & Construction | 1.8% | |
| Consumer Staples | 1.0% |
| Japan | 98.0% | |
| Cash near Cash | 2.0% |
| Portfolio yield | 1.70% |
| Unlisted holdings | — |
| Cash & equivalents | 2.00% |
| Total assets | £904.4m |
| Revenue reserves | £0 |
| Net gearing | 12.40% |
| Gross gearing | 14.70% |
| Net cash | £0 |
| Gearing range (from) | — |
| Gearing range (to) | — |
| Shares in issue | 77,491,440 |
| Shares issued | 0 |
| Shares purchased | 345,000 |
| Treasury shares | 16,836,769 |
Manager firm
Baillie Gifford & Co
Manager(s)
Matt Brett
Structure
investment_trust
AIC sector
Japan
Domicile
United Kingdom
Base currency
GBP
Latest factsheet
2026-04-30
Snapshot date
2025-08-31
Share price
982.00p
NAV / share
1094.98p2026-07-16
Premium / discount
-10.32%
Fund size
£798m
OCF
0.71%
Performance fee
—
Gearing
7.00%
Dividend yield
1.10%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| ytd | -21.4% | -2.7% | -18.7pp |
| ytd | -9.1% | 2.8% | -11.9pp |
| ytd | 1.4% | 21.7% | -20.3pp |
| ytd | -0.1% | -2.5% | +2.4pp |
| ytd | 14.9% | 23.9% | -9.0pp |
| 1y | 25.6% | 28.0% | -2.4pp |
| 3y | 28.4% | 56.3% | -27.9pp |
| 5y | -9.5% | 57.6% | -67.1pp |
| 10y | 117.6% | 158.7% | -41.1pp |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | SoftBank Group | — | — | 7.2% |
| 2 | SBI Holdings | — | — | 4.0% |
| 3 | Rakuten | — | — | 3.9% |
| 4 | Sumitomo Mitsui Trust | — | — | 3.6% |
| 5 | FANUC | — | — | 3.4% |
| 6 | GMO Internet | — | — | 3.1% |
| 7 | CyberAgent | — | — | 3.1% |
| 8 | Sony | — | — | 3.0% |
| 9 | SMC | — | — | 2.7% |
| 10 | MISUMI | — | — | 2.7% |
| Info, Comm and Utilities | 18.4% | |
| Commerce & Services | 15.3% | |
| Electricals & Electronics | 15.1% | |
| Manufacturing & Machinery | 14.1% | |
| Financials | 9.1% | |
| Net Liquid Assets | 7.5% | |
| Chemicals & Other Materials | 7.0% | |
| Pharmaceuticals & Foods | 5.8% | |
| Retail | 5.1% | |
| Real Estate & Construction | 1.8% | |
| Consumer Staples | 1.0% |
| Japan | 98.0% | |
| Cash near Cash | 2.0% |
| Portfolio yield | 1.70% |
| Unlisted holdings | — |
| Cash & equivalents | 2.00% |
| Total assets | £904.4m |
| Revenue reserves | £0 |
| Net gearing | 12.40% |
| Gross gearing | 14.70% |
| Net cash | £0 |
| Gearing range (from) | — |
| Gearing range (to) | — |
| Shares in issue | 77,491,440 |
| Shares issued | 0 |
| Shares purchased | 345,000 |
| Treasury shares | 16,836,769 |