RCS - JPMorgan Japanese IT - Update research from QuotedData

JPMorgan Japanese Investment TrustAnnouncement

23/03/2023 10:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230323:nRSW0218Ua&default-theme=true

RNS Number : 0218U  JPMorgan Japanese Inv. Trust PLC  23 March 2023

JPMorgan Japanese Investment Trust - Update research from QuotedData

23(rd) March 2023

Backing the new Japan

JPMorgan Japanese Investment Trust (JFJ) has a large exposure to good quality
companies that are at the forefront of the modernisation of the Japanese
economy. The portfolio embraces businesses in robotics, ecommerce,
digitalisation, healthcare, and renewables. It also backs some great Japanese
brands and businesses that are helping the economy adapt to an ageing
population.

These are 'growth' stocks and, as we discussed in our last note, even though
Japan has not, as yet, experienced the interest rate rises that triggered the
selloff in growth stocks in other markets, their share prices have plunged,
and this has impacted on JFJ's performance.

The trust's managers, Nicholas Weindling and Miyako Urabe, highlight the
valuation opportunity that this has created; Japan was out of favour before
this fall, the stocks in the portfolio are cheaper yet still boast superior
earnings growth prospects than the average Japanese company, and the yen is
undervalued (a stronger yen relative to the pound would boost JFJ's returns).
This could be a good chance to back a former sector-leading trust, while
underlying valuations look cheap.

Full Research:

https://quoteddata.com/research/jpmorgan-japanese-investment-trust-backing-japan-qd/
(https://quoteddata.com/research/jpmorgan-japanese-investment-trust-backing-japan-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 JPMorgan Japanese
Investment Trust 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/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

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  NRAUOVKROAUOURR