Baillie Gifford Shin Nippon (316.5p and 5.7% of JIC Portfolio). The half year report to 31st July 2013 demonstrates amply why I use this investment trust to gain my exposure to Japan. During the six months the net asset value rose 35.8% and the share price 31.9%, way ahead of the 16.3% rise in the Company's comparative index, the MSCI Japan Small Cap Index total return in sterling terms.
In his outlook statement the manager sounds pretty confident;

"Despite the strong performance of the majority of our holdings, we remain encouraged by the number of emerging Japanese businesses that we are identifying with strong growth prospects. Shin Nippon continues to focus on the most innovative, entrepreneurial businesses within the broader Japanese small cap universe."

Conclusion; The Company has a long history of strong performance. Happy Holder!

To read more go to

Unlock the rest of this Article in 15 seconds

or Unlock with your email