Fund to watch: Jupiter Japan Income

The Jupiter Japan Income fund aims to achieve long-term capital and income growth from investing in a combination of Japanese equities and convertible bonds, as well as cash, deposits and money market instruments.

The portfolio has been managed since its launch by Simon Somerville. He selects companies that demonstrate strong, sustainable cashflow, as well as being shareholder friendly and offering a strong competitive advantage. Contact is maintained through 300 company meetings every year and several trips to Japan.

The 10 largest holdings account for almost 40% of assets under management, according to the most recent fund fact sheet, include Toyota Motor, Bridgestone, Mitsubishi UFJ Financial, Sumitomo Mitsui Financial and Sekisui Chemical.

Industrials currently account for the largest allocation of assets in the fund (31%), followed by financials (20.4%), consumer goods (20.2%) and consumer services (10.4%). Other areas, each of which account for less than 10%, include telecommunications, technology, basic materials and healthcare.

To find out more about Japanese equities and investment options, read: The Briefing: Japan.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.