Nippon Active Value Fund plc (NAVF)

Category Japan Small/Mid-Cap Equity

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

Some Investment Trusts include direct costs as part of their Ongoing charge, such as the annual management charge. For those that show Ongoing charges as 0% please review the investment literature for details on the charges that will apply. The Financial Conduct Authority will review this in 2025.

If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.

Sell

183.50p

Buy

187.00p

arrow-up0.875p (+0.48%)

Discount/Premium

-3.66%

Estimated NAV

190.47p

Prices updated at 20 Dec 2024, 11:16 GMT

Prices minimum 15 mins delay

Prices in GBX

Investment objective

The investment objective of the Company is to provide Shareholders with attractive long-term capital growth primarily through the active management of a focused portfolio of quoted companies which that have the majority of their operations in, or revenue derived from, Japan , or a majority of whose consolidated net assets are held in Japan, or that are included in the TOPIX, and that have been identified by the Investment Adviser as being undervalued

FTSE All-Share

-0.88%

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.

Company name

Rising Sun Management Ltd

Legal structure

Closed Ended Investment Company

Domicile

United Kingdom

Fiscal year end

31 Dec 2024

Launch date

21 Feb 2020

Lead manager

James Rosenwald

Lead manager start date

21 Feb 2020

Lead fund manager biography

Mr. Rosenwald is a recognized authority in Pacific Rim investing with more than 30 years of investment experience. He formerly co-managed and founded Rosenwald, Roditi & Company, Ltd - now known as Rovida Asset Management, Ltd. - which he established in 1992 with Nicholas Roditi. Mr. Rosenwald advised numerous Soros Group funds between 1992 and 1998. He commenced his investment career with the Grace Family at their securities firm, Sterling Grace & Co. Mr. Rosenwald holds an MBA from New York University and a BA degree from Vassar College. He is a CFA charterholder and a director of numerous investment funds. He is a member of the Los Angeles Society of Financial Analysts and the CFA Institute.

Head office

Rising Sun House Denbigh Road,

Nannerch, Mold, Flintshire,

Mold

United Kingdom

CH7 5RH

Company website

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.

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