Trustnet Magazine Issue 13 December 2015 | Page 20

INVESTMENT STRATEGY

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Hideo Shiozumi’s £413m Legg Mason IF Japan Equity fund tops the
IA Japan sector rankings over one and five years and sits in second
place over three. Shiozumi has more than 40 years’ experience of the
Japanese market and has managed this fund since launch in October
1996, over which time it has made 247.2 per cent compared with gains
of just 32.8 per cent from the sector average.

THE HEDGER
NEPTUNE JAPAN OPPORTUNITIES

Chris Taylor is famed for taking strong currency views within his
Neptune Japan Opportunities fund, through either hedging or not
hedging the yen. While the fund has had a tricky 12 months, sitting
bottom of its sector over one year with a return of 0.69 per cent, it si G0