Japan fund volatility

By Robert Stock The sharp correction in Japanese tech stocks has radically altered the unit trust performance rankings short term. The most obvious change was S&P Japan Growth which was top of its sector on a bid to bid basis between 17 January and 14 February, up 12.63% but came bottom out of 77 between 14 February and 13 March, down some 11.77%, according to S&P Micropal. This has been the most extreme example of the turnaround in short term leadership but was far from the only one. Schroder Japanese Enterprise was ranked third during January/February up some 11.37%, but is ranked 76, ...