The Company’s principal investment objective is to achieve capital growth from an actively managed portfolio principally comprising securities listed on the Japanese stock markets, with the aim of achieving growth in excess of the TSE First Section Total Return Index over the longer term.

The Company has built a strong long-term performance record since launch in 1995 targeting attractive investment opportunities in Japan, one of the world’s leading economies. The portfolio is managed by Andrew Rose, who has over 30 years of experience investing in Japan, supported by a long-established and highly-experienced local team of analysts.

Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested.

 

 

Performance

Schroder Japan Growth Fund plcQ3 2013-Q3 2014Q3 2012-Q3 2013Q3 2011-Q3 2012Q3 2010-Q3 2011Q3 2009-Q3 2010
NAV total return 6.4 37.0 -2.4 7.2 0.9
Share price total return 4.0 43.5 -0.4 9.6 -0.6
Benchmark total return* 1.3 30.5 -5.2 3.0 1.3

Source: Schroders, bid to bid price with net income reinvested, in GBP as at 30 September 2014. *Tokyo Stock Exchange 1st Section Index (TOPIX) total return

 

What are the risks?

  • Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested.
  • The Company invests in smaller companies that may be less liquid than in larger companies and price swings may therefore be greater than investment companies that invest in larger companies.
  • The Company will invest solely in the companies of one country or region. This can carry more risk than investments spread over a number of countries or regions.
  • The Company holds investments denominated in currencies other than sterling, investors should note that exchange rates may cause the value of these investments, and the income from them, to rise or fall.
  • The Company may borrow money to invest in further investments, this is known as gearing. Gearing will increase returns if the value of the investments purchased increase in value by more than the cost of borrowing, or reduce returns if they fail to do so.

Source for rating: Morningstar as at 31 October 2014