Investment Objective
SPARX Japan Equity Long Short Fund aims to provide superior capital appreciation while preserving capital, regardless of the direction of the Japanese stock market or interest rates, with the target annualized return of 10-15% and volatility of 8-10% over the mid- to long-term. The Fund will aim to achieve its investment objective by identifying and acquiring undervalued Japanese equities or by shorting overvalued, unattractive Japanese equities.
Reference Index
TOPIX
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.8 | 0.1 | 0.1 | 0.1 | 0.5 | 0.2 | 0.5 | 0.9 | 1.0 | 0.8 | 0.7 | 0.7 | 0.4 | |
| 2023 | 0.7 | 0.9 | 0.2 | 0.2 | 0.2 | 0.8 | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 | 0.8 | 0.4 |
