This investment trust can be held in an Investment ISA, SIPP and Investment Account
Sell
255.00p
Buy
260.00p
0.10p (+0.04%)
Discount/Premium
-9.77%
Estimated NAV
285.929p
Prices updated at 10 May 2024, 08:59 BST
| Prices minimum 15 mins delay
Prices in GBX
Investment objective
The principal investment objective of the Company is to achieve capital growth from an actively managed portfolio principally comprising securities listed on the Japanese stock markets, with the aim of achieving growth in excess of the TSE Index in sterling over the longer term.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.
- Key stats
- Price
- Our view
- Performance
- Charges & documents
- Shares & trades
- Dividends
- Portfolio
- Risk
- News & dates
- Trust info
- Director info
Why we like the fund:
This fund is invested in companies listed in Japan where knowledge of the local market is vital. This is because Japanese companies and the governance of them often differs from other parts of the world. The Schroder Japan team is largely made up of Japanese nationals, based in Japan, and it benefits from excellent research covering the local equity market. The team has a contrarian approach, which complements the other funds in this category.
How to use the fund
This fund is an investment trust, which gives the manager more freedom to invest relative to an open-ended fund. For example, it can borrow money to invest and it does (albeit fairly modest amounts). Because interest rates are low in Japan, the cost of doing so is negligible. The trust also owns smaller companies, which is something an investment trust can do more comfortably because liquidity is easier to manage. This fund may form part of the riskier allocations in a diversified portfolio.
