Number one for a good reason

Over three years, JPMorgan Japanese Investment Trust (JFJ) is the best-performing trust in its peer group of competing funds by some margin (see page 15). The trust’s remarkable performance record has been achieved by following a conviction-driven stock-picking approach that focuses on quality and growth, two aspects that have been in demand in a world tackling COVID-19. There are large parts of the trust’s benchmark index that JFJ’s managers actively avoid. These companies and sectors represent the ‘old Japan’. Instead, the portfolio represents the best opportunities within areas of growth such as the internet, automation and healthcare. Consequently, JFJ’s portfolio has a high active share and returns well-ahead of any index-tracking exchange traded fund (ETF). We believe that the trust’s strong track record, low ongoing charges ratio and the liquidity of its shares make it the obvious choice for an investor wanting to access the Japanese market.