Business

Our company provides investment trust management and investment advisory services.

investment trust

Investment Trust Management

We manage both public and private investment trusts.

About the Hifumi Series

Hifumi is a brand name of investment trusts (funds) created to realize the essence of investment.
Hifumi is made of invaluable investments by our many individual clients.
We then invest that money in professionally selected growth companies in Japan and around the world. As the companies grow, the fund asset grows, and then we can contribute investment return to Hifumi clients.
The aim of Hifumi is to help our individual clients to build their assets while simultaneously giving back prosperity to society as a whole.

Hifumi Series of Publicly Offered Investment Trusts

Direct sales Indirect sales
Domestic Stocks Hifumi Microscope pro
Hifumi Policy Drive pro		 Hifumi Microscope pro
Domestic and
Foreign Stocks		 Hifumi Fund
Hifumi Crossover pro		 Hifumi Plus Fund
Hifumi DC Fund
Marugoto Hifumi 100
Hifumi Crossover pro
Foreign Stocks Hifumi World Hifumi World Plus
Hifumi World DC Fund
Domestic and
Foreign
Asset
Composite		 Hifumi Light Marugoto Hifumi 15
Marugoto Hifumi 50
investment adviser

Investment Advisory Services

A discretionary investment contract is a contract under which we are entrusted by the client to make investment decisions and manage the client's assets on behalf of the client. Our company is entrusted with and manages domestic corporate pension funds and overseas sovereign wealth funds based on discretionary investment agreements.

A Message from Mitsuhiro Yuasa
Representative Director, President, Chief Investment Officer（CIO）

Rheos Capital Works was founded in 2003 by a group of investment management professionals.

Since our founding, we have been consistent in our sincere commitment to pension fund management. Our on-the-ground approach to research across the country has earned high praise from domestic and foreign institutional investors and pension fund clients.

The Hifumi series of investment trusts, managed by the same team, has been widely supported by individual clients for its strong performance and proactive information disclosure.

While building on this track record, our commitment to protecting and growing our clients' precious assets remains unchanged, regardless of how the times may evolve. We will continue to enhance our investment management and information capabilities to contribute to asset building for a wide range of clients--from institutional to individual investors--while pursuing long-term improvement in corporate value. When it comes to passion and track record in Japanese equity management, we are second to none. If you are a pension fund manager interested in our firm, please feel free to reach out. We will respond with the utmost sincerity.

Rheos Capital Works Inc.
Representative Director, President, Chief Investment Officer（CIO）
Mitsuhiro Yuasa

Investment Philosophy

Active PolicyBelief in the Potential of People
In a company, management, employees, and various other stakeholders create unique value.
We use our imagination to determine the potential for change in the value of the company.
Flexible InvestmentsAdaptable Thinking
In an ever-changing market, we make selective long-term investments by focusing on the difference between the company value and its market valuation (undervaluation) assuming the fact that company valuation changes over time.
The Ability to Discover Unseen ValueSeeing with the Heart
We conduct thorough research and analysis of both qualitative and quantitative variables, and make selective investments in stocks whose market value is considered to be undervalued, while using experience, knowledge, imagination, and individual skills of all managers.
Fusing on Art and ScienceFeet on the Ground
We will pass on our ability to discover unseen value to our organization to the maximum extent possible, and continuing to improve the process of passing on this ability, then we will build an operational framework that our clients will be able to trust over the long term.

Operational Framework

The fund manager carries out the management of the fund in accordance with the Management Plan formulated by the fund manager and deliberated and finalized by the Investment Risk Management Committee. In addition, the Chief Compliance Officer (CCO) and the head of the Compliance Department check the status of compliance with laws and regulations, trust contracts, and internal rules at the Investment Risk Management Committee.

Risk Management Framework

The management framework for investment risk is up to date as of the end of August 2022, and is subject to change in the future.

Contact us

For pension and financial institutions, please contact us using the information below.

Telephone

03-6266-0129Mon-Fri, 9am-5pm JST (GMT+09:00)

Email