JPMorgan Japanese Investment Trust plc

Managed by J.P. Morgan Asset ManagementNicholas Weindling, Miyako Urabe, Xuming Tao

Latest factsheet

31 May 2026

Net assets

£1.37bn

Yearly charge

0.46%

vs asset value

5.3% discount

Borrowing

16.10%

Dividend yield

1.10%

The Company seeks capital growth from a portfolio of investments in Japanese companies. As the emphasis is on capital growth rather than income, shareholders should expect the dividend to vary from year to year. The Company has the ability to use gearing to increase potential returns to shareholders. The gearing policy is to operate within the range of 5% net cash to 20% geared, in normal market conditions. Gearing may magnify gains or losses experienced by the Company.

5.3% discount — the shares change hands for less than the value of what the trust owns. Unlike an open-ended fund, a trust’s shares are bought and sold on the stock exchange, so their price is whatever buyers and sellers agree — not the value of the portfolio behind them.Share price 803 · asset value per share 847.7 (GBP)

Cumulative performance

Period	Trust
1M	+5.94%
3M	-4.29%
YTD	+16.38%
1Y	+32.21%

Annualised performance

Period	Trust, a year at a time
3Y	+20.61%
5Y	+6.54%
10Y	+11.86%

Top holdings

#	Holding	Weight
1	Mitsubishi UFJ Financial	8.10%
2	Mitsubishi Electric	5.90%
3	Sumitomo Electric	4.70%
4	Asics	4.70%
5	Fast Retailing	4.70%
6	Advantest	4.40%
7	Seiko	3.60%
8	Hoya	3.40%
9	Japan Tobacco	3.30%
10	IHI	3.10%

Portfolio breakdown

Sector

Electric Appliances	22.10%
Others	13.70%
Banks	10.10%
Precision Instruments	7.90%
Retail Trade	7.80%
Glass & Ceramics	7.00%
Services	6.60%
Machinery	5.70%
Non-Ferrous Metals	5.40%
Other Products	4.80%
Foods	4.70%
Cash	4.20%

Key facts

Stock market ticker: JFJ
ISIN: GB0001740025
Benchmark: TOPIX (Total Return Net)
Currency: GBP
Domiciled in: United Kingdom
Launched: 2 Aug 1927
Management fee: 0.60%
Dividends paid: Annual

Source factsheets

Date	Published by the trust
31 May 2026	View original factsheet ↗