Update research from QuotedData

RNS Number : 8856V

Fidelity Japanese Values PLC

02 February 2017

 

Fidelity Japanese Values - Update research from QuotedData

2^nd February 2017

Turning a corner

Fidelity Japanese Values (FJV) has shown a notable improvement in performance relative to its peer group in recent months. Over the course of 2016, weak sterling has boosted returns to UK investors while yen-denominated returns have been somewhat lacklustre. However, FJV's manager thinks Japanese corporate earnings are close to their nadir. His portfolio is tilted towards consumer discretionary stocks. The Japanese government is trying hard to drive real wages higher which could help consumption and boost this sector.

Full research:

http://quoteddata.com/2017/02/fidelity-closedend-funds-review-2/

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