RCS - AVI Japan Opport.Tst - Update from QuotedData
07/08/2024 15:41
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240807:nRSG6073Za&default-theme=true RNS Number : 6073Z AVI Japan Opportunity Trust PLC 07 August 2024 AVI Japan Opportunity Trust - Update from QuotedData 7(th) August 2024 Pushing on an opening door The scale of the outperformance delivered by AVI Japan Opportunity Trust (AJOT) versus its MSCI Japan Small Cap benchmark is impressive (38 percentage points since launch) and demonstrates the success of its efforts to promote good corporate governance within the stocks in its portfolio. The manager says that Japanese corporates have become less resistant to change, but there is still a lot to do. It is important to note that AJOT's success has come despite a weak currency, small-cap underperformance (small caps are AJOT's hunting ground), and foreign investors still having a substantial underweight exposure to Japanese equities. These factors could swing in AJOT's favour, but the manager believes that AJOT can thrive regardless. We feel that AJOT's performance and prospects are such that its shares should be trading at asset value and expanding. Currently it trades on a discount of 4.8%. Full Research: https://quoteddata.com/research/avi-japan-opportunity-pushing-on-an-opening-door-qd/ (https://quoteddata.com/research/avi-japan-opportunity-pushing-on-an-opening-door-qd/) This research is also available free on our website www.quoteddata.com (http://www.quoteddata.com) where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required. NB: Marten & Co was paid to produce this note on AVI Japan Opportunity Trus Plc, and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority. QUOTEDDATA 50 Gresham Street | London EC2V 7AY Tel: +44 (0) 20 3691 9430 www.quoteddata.com (http://www.quoteddata.com) | research@quoteddata.com (mailto:research@quoteddata.com) | www.martenandco.com (http://www.martenandco.com) This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com (mailto:rns@lseg.com) or visit www.rns.com (http://www.rns.com/) . RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy) . END NRAQKOBNQBKDCFK