GFM Japan allocation outperforms Nikkei 225 ETF through 2017Q1

As a small firm managing separately managed accounts, we naturally spend more time ensuring our portfolios are well invested than trying to find visually appealing ways to show how well they’re doing, but this recent >10% outperformance of a relatively small Japan allocation (JPY 5.5 million, or around US$50,000) in one of our accounts looked noteworthy.

Below are the 6 month recent performance chart from Google Finance, along with the purchase price, current price, and unrealized gains of each of the 23 Japanese names in this account.

Past performance is no indication of future results, and the prices and holdings of this specific account depending on when the account was funded with available capital and when the respective names triggered limit orders.