Skip Header

Final Results for the year ended 31 December 2024

Fidelity

Fidelity - Investment Team

Key Highlights:

  • During the year ended 31 December 2024, Fidelity Japan Trust PLC (“the Company”) reported a Net Asset Value (NAV) total return of -1.8% while the Reference Index, the TOPIX Total Return Index (in sterling terms), rose +10.0%.
  • Over the same period, the ordinary share price total return of the Company was -5.7%.
  • Following news of the retirement of Nicholas Price at the end of 2025, his Assistant Portfolio Manager, Ying Lu, will become the Portfolio Manager of the company with effect from 1 October 2025.
  • The Board is proposing an unconditional tender offer of 100% of the Company’s issued share capital following the three years to 31 December 2027.

News & Insights - Japan Trust PLC

Annual General Meeting

The AGM of the Company will be held at 12 noon on Wednesday, 21 May 2025 at F…


Fidelity

Fidelity

Fidelity

The case for Japan

Amid heightened global market volatility triggered by President Trump’s trade…


Jeremy Osborne

Jeremy Osborne

Investment Director

Japan: What to expect in 2025

Fidelity Japan Trust portfolio manager Nicholas Price shares his outlook for …


Nicholas Price

Nicholas Price

Portfolio Manager, Fidelity Japan Trust PLC