Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
JPMorgan Japanese Investment Trust PLC - invests in Japanese companies ‘across the market cap spectrum’ in high-growth industries - Net asset value per share as at March 31 stands at 505.8 pence, up 71% from 472.1p on September 30. NAV total return during the period is 8.5%, consistent with its Topix index, which also returns 8.5%. Total net assets amount to £776.9 million on march 31, up from £730.4 million on September 30. Looking ahead, says pent-up demand for consumer spending and accommodative monetary policy amid modest wage growth will likely result in reasonable economic growth in the near term for Japan.
Current stock price: 488.50 pence each, up 0.7% on Friday morning in London
12-month change: up 3.3%
Copyright 2023 Alliance News Ltd. All Rights Reserved.