Around 90% of Japanese small and mid-sized companies get little or no analyst coverage.* As under-researched companies are more likely to be undervalued, that’s an opportunity.
The trust looks to benefit from the more dynamic sectors of Japan’s economy, focusing on fast growing but attractively valued stocks. With an acute understanding of this unique region and economy, combined with our hands-on local research, portfolio manager Nicholas Price and our team of analysts aim to hone in on stocks often not picked out by others.
In this broadcast Nicholas spoke to Citywire’s Gavin Lumsden about how his near three decades’ experience of Japanese companies has put the £407m closed-end fund at the top of its sector over 1, 3, and 5 years, and why he sees the investment opportunities continuing in the world’s third largest economy.**
* Source: Analyst coverage - Fidelity International as at April 2021
** Source: Total Net Assets (£303m) - AIC as at 31.08.2021
Top of sector - Morningstar: Period: 5 years: 08.09.2016 to 08.09.2021
Economy size - BBC website as at 16.09.2021
Watch Nicholas’ recent broadcast with Citywire
The 'Big Broadcast' with Nicholas Price is produced, recorded and distributed by Citywire.