JPMORGAN JAPANESE INVESTMENT TRUST PLC
Next generation Japanese ideas
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.
About this trust
Investment objective and policies
Aims to produce capital growth from a portfolio of Japanese equities. The company has the ability to use borrowing to gear the portfolio within the range of 5% net cash to 15% geared in normal market conditions.
- Broad exposure of 60-80 Japanese companies.
- Benefits from J.P. Morgan's standing as one of Japan's leading foreign asset managers, with over 40 years' experience in the market.
- Disciplined investment process focusing on first-hand company research and analysis, with over 2,400 company visits each year.
The value of investments and the income from them can go down and up, and you may not get back as much as you paid in. Past performance is not a guide to the future.
For further risks associated with this trust please refer to the 'Risks' section below.
Points to consider
- Exchange rate changes may cause the value of underlying overseas investments to go down as well as up.
- External factors may cause an entire asset class to decline in value. Prices and values of all shares or all bonds could decline at the same time.
- This trust may utlilise gearing (borrowing) which will exaggerate market movements both up and down.
- This trust may also invest in smaller companies which may increase its risk profile.
In their words (as of )
The global demand pickup is a tailwind for the Japanese equity market due to the relatively high weight of cyclical manufacturers in the index. Meanwhile, the domestic political situation in Japan is stable as the current government has no substantial opposition. The interest rate environment has improved for Japanese banks. Valuations remain competitive in a global context. Corporate governance continues to be a major focus in Japan. 2016 saw record share buybacks and 25% of all companies bought back shares - this increasingly looks like a structural change.
Annual General Meeting
Reports and Accounts
Find out more
For contact details and more information on our trust range use the following links:
Annual General Meeting: 14 December 2016 2.00pm at 60 Victoria Embankment, London, EC4Y 0JP.