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Fidelity Japanese Values beats index

By BFN News | 07:50 AM | Wednesday 02 August, 2017

Fidelity Japanese Values' net asset value increased by 10.9% in sterling terms over the six months to 30 June, outperforming both the Russell Nomura Mid/Small Cap Index and the average of the company's peer group, which rose 6.7% and 9.8% respectively. The discount to NAV narrowed as a result of share price performance which returned 22.2%. Core holdings in domestic-orientated sectors, such as retail and foods that displayed positive earnings momentum, were among the key drivers of the company's outperformance. Story provided by

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