SINGAPORE (July 20): Four Japanese equity funds available for sale in Singapore have a stake in Japanese internet and telecoms conglomerate SoftBank Group Corp, according to data from Morningstar Direct.

Softbank fell 10.3% in Tokyo trading on Tuesday as investors responded negatively to the company’s plans to acquire UK-based semiconductor company ARM Holdings plc for US$31 billion ($42 billion) in cash.

According to Dealogic, the deal is in line to be the second largest M&A deal globally in the semiconductor industry.





Fund Name YTD Returns (%) Portfolio Weight (%) Portfolio Date (%)
Fidelity Funds - Japan Aggressive 4.1 3.84 May 31, 2016
AB FCP I Japan Strategic Value Portfolio -19.6 3.05 Mar 31, 2016
Fidelity Funds - Japan Fund -7.8 1.75 May 31, 2016
Fidelity Funds - Japan Smaller Companies Fund -4.6 0.76 Mar 31, 2016

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