Irish Life Indexed Japan

The Indexed Japanese Equity Fund concentrates on Japanese equities, meaning it invests in shares of companies listed in Japan. Its holdings span sectors such as Industrials, Financials, Information Technology, Consumer Discretionary, and Communication Services. The fund is designed to track the broader Japanese stock market rather than try to pick winners.

The Indexed Japanese Equity Fund uses a passive approach and aims to perform in line with the MSCI Japan Index. In practice, that means it seeks to match the average return of the shares in that index. It is not trying to outperform the market through stock selection.

The Indexed Japanese Equity Fund’s top holdings include Mitsubishi UFJ Financial Group, Toyota Motor, Hitachi, Advantest, Sumitomo Mitsui Financial Group, Tokyo Electron, SoftBank Group, Sony Group, Mizuho Financial Group, and Mitsubishi Corp. These names show that the fund is spread across major Japanese companies in both financials and industrial/technology-related businesses. The exact holdings can change over time as the index changes.

The Indexed Japanese Equity Fund is exposed to equity risk, because its value can rise and fall with the Japanese share market. It also uses securities lending, which can add risk even though it may help generate extra return; securities lending means the fund temporarily lends out securities to other market participants. Investors should also note the one-day delay on switch requests due to trading and settlement differences in Asian markets, which can slow how quickly a switch is processed.

The Indexed Japanese Equity Fund is designed for investors who want broad exposure to Japanese equities and prefer a fund that tracks the market rather than actively selects stocks. Because it aims to perform in line with the MSCI Japan Index, it may suit investors seeking a straightforward way to access the Japanese stock market. It may be less suitable for someone looking for a fund that tries to beat the market.