JPMorgan Japanese Investment Trust plc (JFJ) Ordinary 25p

JPMorgan Japanese Investment Trust plc is a United Kingdom-based investment trust. The Company’s objective is to provide shareholders with capital growth from investment in Japanese companies. In order to achieve the investment objective and to seek to manage risk, the Company invests in a diversified portfolio of quoted Japanese companies, or securities providing an indirect investment in Japan. It invests in sectors including information technology, financials, consumer discretionary, healthcare, industrials, real estate, communication services, energy, materials, utilities and others. The Company limits its exposure by not investing more than 15% of its total assets in other United Kingdom (UK)-listed investment firms. It also avoids investing more than 10% in companies that, in turn, could invest over 15% of their assets in UK-listed investment firms. The Company's alternative investment fund manager is JPMorgan Funds Limited (JPMF).

The Company's investment objective is to seek capital growth from a portfolio of investment in Japanese companies. It invests primarily in growth companies which often have relatively low dividend yields, not least because they are likely to reinvest excess cash in their businesses and/or buy back their shares rather than increase dividends.

• Ongoing charge0.62%
• Annual management charge -
• Performance feeNo

The new management fee will be 0.6% for the first 500 million of the Net Asset Value, 0.4% for amounts exceeding 500 million up to 750 million, and 0.35% for any Net Asset Value above 750 million. Contract terminable on notice of 6 months.