Fund Objective

The fund’s investment objective is to achieve capital appreciation through participation in the growth of the Japanese economy. Investment will be based primarily on Japan’s economic strengths, such as its manufacturing industry (in particular on those parts of it that are demonstrating an ability to exploit newly emerging technology) and on sectors benefiting from structural change in the economy. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.

View on Past Performance

Japan is one of the world's most important economic powers and is one of the key global stockmarkets for investors to get exposure to. Furthermore, after many years spent in the doldrums, the Japanese economy is emerging from a period of deflation (falling prices) and has returned to a path of sustainable growth. Another key reason for investing in this market is that Japanese manufacturers are world leaders in several major industries.For example, the strength of Japan's automobile industry leaves it well placed to benefit from the commercialisation of less developed countries, while Japanese companies continue to enjoy a global competitive advantage in the electronic components and machinery industries.

Future Expectations

We believe Schroder Tokyo Fund is well-positioned to make the most of this considerable investment potential, based on our commitment to highly detailed, company-by-company research. We look to invest in companies that can continue to grow their profits and with management teams focused on improving efficiency, as we believe these have the best prospects over the longer term.

Fund Details