A positive Japanese equity outlook has led the £150m Schroder Japan Alpha Plus fund to re-open for new investors.
Available for the first time since July 2004, the Nathan Gibbs managed fund holds 30 - 40 stocks, and has recorded five-year top quartile rankings, returning 40.85% compared to the Japan TSE 1st Section benchmark return of 22.04%.
“Japanese business continues to be a significant beneficiary of the increase in global capital expenditure, due to significant competitive advantage in industries such as electronics, machine tools and precision equipment,” Gibbs says.
“Japanese companies also stand to benefit from rising personal consumption throughout Asia in areas such as autos and consumer electronics.
“We are confident that the fund is well-positioned to capitalise on this unfolding market environment in Japan, and our research continues to generate ideas which we believe offer outstanding investment opportunities.”
Schroders managing director Robin Stoakley says: "We have always been mindful of the fund's practical capacity constraints, and our decision to re-open the fund reflects these considerations.
“We are now confident that limited new inflows can be accommodated without undermining its performance potential."
The Schroder Japan Alpha Plus Fund is A rated by Standard & Poor’s, with a minimum investment of £1000 or £50 per month and a 1.5 % annual management charge.
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