Fidelity Japanese Values PLC aims to be the key investment of choice for those seeking Japanese smaller companies exposure. This Investment Trust invests in an actively managed portfolio of securities, primarily of small- and medium-sized Japanese companies listed or traded on Japanese stock markets. It follows a ‘growth at a reasonable approach’ (GARP) and aims to identify companies that are transforming from stable domestic cash generators to the future pan-Asian growth stories.
Japan’s economy is the third largest in the world and is the world's second largest developed economy. With a focus on smaller- and medium-sized Japanese companies, many of which are under-researched, opportunity looms for mispriced stocks, whose potential is vigorously assessed before making any investment decisions.
For this trust it is all about joining the dots between different ideas and forming a new line of enquiry. Research is key.
Nicholas Price brings over 20 years’ investment experience in the Japanese equity market, having joined Fidelity’s Tokyo office in 1993 as a research analyst before becoming a portfolio manager in 1999. Nicholas’ investment approach is focused on ‘growth at a reasonable price,’ utilising Fidelity’s extensive research capability.
Past performance is not a reliable indicator of future results. Fidelity does not give advice. If you’re unsure of the suitability of an investment for you, you should speak to a financial adviser.
The value of investments can go down as well as up so investors may get back less than they invest. Overseas investments are subject to currency fluctuations. This investment trust can gear through the use of bank loans or overdrafts and this can be achieved through the use of derivatives. Their use may lead to higher volatility in the Net Asset Value and Share Price. This investment trust may invest more heavily than others in smaller companies, which can carry a higher risk because their share prices may be more volatile than those of larger companies.
Registered in England and Wales; registration number 02885584.
Registered office: FIL Investments International, Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey KT20 6RP.
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