Manager firm
J.P. Morgan Asset Management
Manager(s)
Nicholas Weindling, Miyako Urabe, Xuming Tao
Structure
investment_trust
AIC sector
Japan
Domicile
United Kingdom
Base currency
GBP
Launched
1927-08-02
Latest factsheet
2026-05-31
Snapshot date
2025-08-31
Share price
801.00p
NAV / share
877.26p2026-07-15
Premium / discount
-8.69%
Fund size
£1.37bn
OCF
0.46%
Performance fee
—
Gearing
16.10%
Dividend yield
1.10%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 1m | 5.9% | — | — |
| 3m | -4.3% | — | — |
| ytd | 16.4% | — | — |
| 1y | 32.2% | — | — |
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 3y | 20.6% | — | — |
| 5y | 6.5% | — | — |
| 10y | 11.9% | — | — |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | Mitsubishi UFJ Financial | Banks | — | 8.1% |
| 2 | Mitsubishi Electric | Electric Appliances | — | 5.9% |
| 3 | Sumitomo Electric | Non-Ferrous Metals | — | 4.7% |
| 4 | Asics | Other Products | — | 4.7% |
| 5 | Fast Retailing | Retail Trade | — | 4.7% |
| 6 | Advantest | Electric Appliances | — | 4.4% |
| 7 | Seiko | Precision Instruments | — | 3.6% |
| 8 | Hoya | Precision Instruments | — | 3.4% |
| 9 | Japan Tobacco | Foods | — | 3.3% |
| 10 | IHI | Machinery | — | 3.1% |
| Electric Appliances | 22.1% | |
| Others | 13.7% | |
| Banks | 10.1% | |
| Precision Instruments | 7.9% | |
| Retail Trade | 7.8% | |
| Glass & Ceramics | 7.0% | |
| Services | 6.6% | |
| Machinery | 5.7% | |
| Non-Ferrous Metals | 5.4% | |
| Other Products | 4.8% | |
| Foods | 4.7% | |
| Cash | 4.2% |
| Japan | 94.7% | |
| Cash near Cash | 5.3% |
| Portfolio yield | 1.28% |
| Unlisted holdings | — |
| Cash & equivalents | 5.27% |
| Total assets | £1.27bn |
| Revenue reserves | £0 |
| Net gearing | 0.00% |
| Gross gearing | 5.40% |
| Net cash | £0 |
| Gearing range (from) | 0.00% |
| Gearing range (to) | 20.00% |
| Shares in issue | 161,793,203 |
| Shares issued | 0 |
| Shares purchased | 775,000 |
| Treasury shares | 22,819,985 |
Manager firm
J.P. Morgan Asset Management
Manager(s)
Nicholas Weindling, Miyako Urabe, Xuming Tao
Structure
investment_trust
AIC sector
Japan
Domicile
United Kingdom
Base currency
GBP
Launched
1927-08-02
Latest factsheet
2026-05-31
Snapshot date
2025-08-31
Share price
801.00p
NAV / share
877.26p2026-07-15
Premium / discount
-8.69%
Fund size
£1.37bn
OCF
0.46%
Performance fee
—
Gearing
16.10%
Dividend yield
1.10%
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 1m | 5.9% | — | — |
| 3m | -4.3% | — | — |
| ytd | 16.4% | — | — |
| 1y | 32.2% | — | — |
| Period | Return | Benchmark | Vs |
|---|---|---|---|
| 3y | 20.6% | — | — |
| 5y | 6.5% | — | — |
| 10y | 11.9% | — | — |
| # | Holding | Sector | Country | Weight |
|---|---|---|---|---|
| 1 | Mitsubishi UFJ Financial | Banks | — | 8.1% |
| 2 | Mitsubishi Electric | Electric Appliances | — | 5.9% |
| 3 | Sumitomo Electric | Non-Ferrous Metals | — | 4.7% |
| 4 | Asics | Other Products | — | 4.7% |
| 5 | Fast Retailing | Retail Trade | — | 4.7% |
| 6 | Advantest | Electric Appliances | — | 4.4% |
| 7 | Seiko | Precision Instruments | — | 3.6% |
| 8 | Hoya | Precision Instruments | — | 3.4% |
| 9 | Japan Tobacco | Foods | — | 3.3% |
| 10 | IHI | Machinery | — | 3.1% |
| Electric Appliances | 22.1% | |
| Others | 13.7% | |
| Banks | 10.1% | |
| Precision Instruments | 7.9% | |
| Retail Trade | 7.8% | |
| Glass & Ceramics | 7.0% | |
| Services | 6.6% | |
| Machinery | 5.7% | |
| Non-Ferrous Metals | 5.4% | |
| Other Products | 4.8% | |
| Foods | 4.7% | |
| Cash | 4.2% |
| Japan | 94.7% | |
| Cash near Cash | 5.3% |
| Portfolio yield | 1.28% |
| Unlisted holdings | — |
| Cash & equivalents | 5.27% |
| Total assets | £1.27bn |
| Revenue reserves | £0 |
| Net gearing | 0.00% |
| Gross gearing | 5.40% |
| Net cash | £0 |
| Gearing range (from) | 0.00% |
| Gearing range (to) | 20.00% |
| Shares in issue | 161,793,203 |
| Shares issued | 0 |
| Shares purchased | 775,000 |
| Treasury shares | 22,819,985 |
