Our initiation note on JPMorgan Japanese Investment Trust (JFJ), published in September this year, focused on the trust’s impressive performance record relative to its benchmark and competing trusts. Over the past few months, it has extended this record. In addition, JFJ’s discount to NAV has narrowed significantly, further boosting returns to shareholders.
JPMorgan Japanese Investment Trust is an investment trust company. Co. focuses on capital growth from investments in Japanese companies by long term outperformance of Co.'s benchmark index, the Tokyo Stock Exchange First Section Index expressed in sterling terms. Co. is managed by JPMorgan Funds Limited. As of Sep 30 2017, Co.'s total investment portfolio was £771.1 million.
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