BAILLIE GIFFORD JAPAN TST PLC (THE)ORD GBP0.05
Symbol: BGFD
Whilst we endeavour to price investments on a real-time streaming or 15 min delayed basis, some prices may be as at close of business from the previous working day.
Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 2nd Apr 2020 to 2nd Apr 202174.13%
- 2nd Apr 2021 to 2nd Apr 2022-20.92%
- 2nd Apr 2022 to 2nd Apr 2023-9.62%
- 2nd Apr 2023 to 2nd Apr 20241.37%
- 2nd Apr 2024 to 2nd Apr 20250.34%
Key Information
| Benchmark | TSE TOPIX |
| Sector | IT Japan |
| Gearing | 111% |
| Ex-Dividend Date | 14 Nov 2024 |
| Dividend Pay Date | 18 Dec 2024 |
| Total Dividends - Year to Date | 10 |
| Dividend Yield (%) | 1.3514 |
Net Asset Value (Nav)
| Latest actual NAV | 839.46 |
| Latest actual NAV date | 31/03/2025 |
| NAV frequency | Daily |
| Premium/Discount | -11.85% |
Charges
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Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
0.69% |
| Performance Fee | No |
| AMC | 0.59% |
|
Our Platform Charge
We charge a platform fee of 0.30% per annum on the value of all stocks & shares held across all accounts, minimum £50 and maximum £600 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.30% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
0.69% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
The Baillie Gifford Japan Trust PLC is an investment company. The Company is focused on achieving long-term capital growth principally through investment in medium to smaller-sized Japanese companies. The Company’s holdings are generally listed in Japan, although the portfolio can also include companies listed elsewhere whose business is predominantly in Japan, as well as unlisted companies. The Company’s portfolio is constructed through the identification of individual companies which offer long-term growth potential, typically over a three-to-five-year horizon. It invests in various sectors, including chemicals and other materials, manufacturing, financials and commerce and services. Baillie Gifford & Co is the manager and Baillie Gifford & Co Limited is the alternative investment fund manager of the Fund.
Financial Summary
BRIEF: For the fiscal year ended 31 August 2024, Baillie Gifford Japan Trust PLC revenues increased from -£34.4M to £72.1M. Net income totaled £63.8M vs. loss of £43.2M. Revenues reflect Changes in investment holding gains increase of 95% to -£4.9M, Realised gains on sales increase from £23.5M to £56.5M. Net Income reflects General administrative expenses decrease of 80% to £48K (expense). Dividend per share remained flat at £0.10.
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| -3.52% | 4.08% | 1.42% | 0.34% | -8.07% | 26.58% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
157,109 bytes PDF Document; last updated 28 Feb 2025
83,723 bytes PDF Document; last updated 08 Nov 2024
3,519,767 bytes PDF Document; last updated 31 Aug 2024
2,044,174 bytes PDF Document; last updated 29 Feb 2024
Management Team
Matthew Brett Praveen Kumar
Matthew Brett
has managed this fund for 6 years and 10 months.
Matthew is an investment manager in the Japanese Equities Team. He joined Baillie Gifford in 2003 and became a partner in 2018. He is manager of the Japanese Fund (and related All Cap Strategy segregated accounts), manager of the Baillie Gifford Japan Trust and co-manager of the Japanese Income Growth Fund. Matthew graduated BA (Hons) in Natural Sciences (Psychology) from the University of Cambridge in 2000 and holds a PhD in Psychology from the University of Bristol.
Manager Cumulative Performance v Peer Group
Praveen Kumar
has managed this fund for 6 years and 10 months.
Praveen is an investment manager in the Japanese Equities Team. He is manager of the Japanese Smaller Companies Fund and the manager of related Japan Small Cap Strategy segregated accounts, the Shin Nippon Investment Trust Plc, and deputy manager of the Japan Trust Plc. He is also a founder and member of the International Smaller Companies Portfolio Construction Group. He previously worked for FKI Logistex before joining Bailie Gifford in 2008. Praveen graduated BEng in Computer Science from Bangalore University in 2001, and completed an MBA from the University of Cambridge in 2008.
Manager Cumulative Performance v Peer Group
Other investment trusts managed by
Praveen
| Name of Security | Sole/Co | Managed Since |
|---|---|---|
| Bail Gif Shi Nippon PLC ORD 2P | Co | Dec 2015 |
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
31/08/2024 |
31/08/2023 |
31/08/2022 |
31/08/2021 |
31/08/2020 |
31/08/2019 |
|---|---|---|---|---|---|---|
| Total Revenue | 72.15 | -34.37 | -146.06 | 170.55 | 56.24 | -30.29 |
| Gross profit | 66.05 | -40.69 | -152.73 | 163.05 | 49.07 | -37.03 |
| Operating Profit/Loss | 65.34 | -41.38 | -153.47 | 162.38 | 48.48 | -37.68 |
| Profit Before Tax | 65.34 | -41.38 | -153.47 | 162.38 | 48.48 | -37.68 |
| Profit After Tax | 63.76 | -43.25 | -155.47 | 160.66 | 46.95 | -39.03 |
| Equity Holders of Parent Company | 63.76 | -43.25 | -155.47 | 160.66 | 46.95 | -39.03 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
31/08/2024 |
31/08/2023 |
31/08/2022 |
31/08/2021 |
31/08/2020 |
31/08/2019 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 886.34 | 858.49 | 930.35 | 1,053.67 | 805.35 | 819.65 |
| Total Current Assets | 8.18 | 7.84 | 13.20 | 46.40 | 120.06 | 41.81 |
| Total Assets | 894.51 | 866.33 | 943.56 | 1,100.07 | 925.41 | 861.46 |
| Total Liabilities | 146.13 | 133.36 | 152.55 | 144.67 | 153.02 | 129.35 |
| Total Net Assets | 748.38 | 732.96 | 791.01 | 955.40 | 772.39 | 732.11 |
| Shareholders Funds | 748.38 | 732.96 | 791.01 | 955.40 | 772.39 | 732.11 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 748.38 | 732.96 | 791.01 | 955.40 | 772.39 | 732.11 |