The Schroder Japan Trust plc aims to achieve long-term capital growth by investing in a diversified portfolio of 60-70 of the best quality but undervalued companies in Japan.
• A supportive macroeconomic environment
After decades of deflation, Japan is seeing the most encouraging economic conditions for a generation, with wage increases and improved consumer confidence driving a positive and sustainable cycle of progress. Meanwhile, governance reforms are transforming Japan’s corporate landscape with investors, companies and regulators working together to improve returns and growth prospects.
• A disciplined and differentiated approach
Portfolio manager, Masaki Taketsume, has 24 years of investment experience and has crafted a distinctive and successful investment approach based on company fundamentals. He looks for stocks that have been mispriced by the market because of misperceptions, oversights and over-reactions, with a bias towards mid to smaller companies and a focus on valuation and quality.
• Time for active managers to shine
This represents a particularly exciting environment for active, high conviction stock pickers. By focusing the portfolio towards undervalued businesses with strong growth prospects and the potential to improve returns, Masaki is confident in the opportunity that lies ahead.
About our new dividend policy
Following an internal review and discussion with the Company's largest shareholders, the Board of Schroder Japan Trust plc announces an enhanced dividend policy to pay out 4% of average net asset value in each financial year.
Interim Report & Accounts 2024