RCS - Fidelity Jap. Values - Update research from QuotedData
07/03/2018 11:24
RNS Number : 9776G Fidelity Japanese Values PLC 07 March 2018 Fidelity Japanese Values - Update research from QuotedData 7th March 2018 Bumper year, more to come? Fidelity Japanese Values (FJV) provided very strong absolute returns during 2017. It benefited from a rising Japanese stock market and from the strong gains in mid/small cap growth stocks. Stock selection was the key driver of performance with FJV's holdings in services, retail trader and foods being key contributors. Despite this strong performance, FJV's manager is positive on the outlook. Loose monetary policy and better economic growth are contributing to a gradual, and much-needed, pick-up in inflation. Corporate profits and margins are at record highs, and the manager sees room for further improvement driven by strong domestic fundamentals and a favourable global outlook. He adds that, while the labour market is tight, capex is at record levels, reflecting investments in improving efficiency. Full research: https://quoteddata.com/2018/03/fidelity-closed-end-funds-review-2/ This research is also available free on our website 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 Fidelity International 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 FCA. Marten & Co is not permitted to provide investment advice to individual investors. QUOTEDDATA 123a Kings Road | London SW3 4PL Tel: +44 (0) 20 3691 9430 www.quoteddata.com | research@quoteddata.com | www.martenandco.com This information is provided by RNS The company news service from the London Stock Exchange END NRAUBUARWRAORAR