Japan: Time for another look? [Quarterly Perspectives]Contributor Global Markets Insights Strategy Team
The most obvious attraction of the Japanese stock market is also the most longstanding: it looks cheap. Even though the Nikkei 225 has risen by 180% since March 2009, it remains one of the only developed markets still trading below its 10-year average. It currently has a forward price-to-earnings ratio of around 15, compared with a long-term average of just over 19.
Powered by local knowledge and insights, our aggressively-managed fund is designed to take full advantage of Japan’s long-term structural trends.
The JPMorgan Japanese Investment Trust plc benefits from our expertise gained as one of Japan’s leading foreign asset managers, with over 40 years’ experience in seeking out the most attractively valued Japanese stocks.
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