Schroder Japan Trust plc (SJG)

A Select 50 Fund - Our view

Category Japan Large-Cap Equity

This investment trust can be held in an Investment ISA, SIPP and Investment Account

Sell

246.00p

Buy

249.00p

arrow-up2.50p (+1.02%)

Discount/Premium

-13.14%

Estimated NAV

284.94p

Prices updated at 19 Nov 2024, 17:15 GMT

Prices minimum 15 mins delay

Prices in GBX

Investment objective

The principal investment objective of Schroder Japan Trust plc (the “Company”) is to achieve capital growth from an actively managed portfolio principally comprising securities listed on the Japanese stock markets, with the aim of achieving returns in excess of the Tokyo Stock Price Index Total Return in sterling over the longer term.

FTSE All-Share

-0.09%

LSE

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Why we like the fund: This fund is invested in companies listed in Japan where knowledge of the local market is vital. This is because Japanese companies and the governance of them often differs from other parts of the world. The Schroder Japan team is largely made up of Japanese nationals, based in Japan, and it benefits from excellent research covering the local equity market. The team has a contrarian approach, which complements the other funds in this category. How to use the fund: This fund is an investment trust, which gives the manager more freedom to invest relative to an open-ended fund. For example, it can borrow money to invest and it does (albeit fairly modest amounts). Because interest rates are low in Japan, the cost of doing so is negligible. The trust also owns smaller companies, which is something an investment trust can do more comfortably because liquidity is easier to manage. This fund may form part of the riskier allocations in a diversified portfolio.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.