26 Feb 2009

JPMorgan Investment Funds – Japan Strategic Value Fund

Ideally positioned to find value opportunities in Japan Japan is the world’s second largest economy but after years of underperformance we believe there are opportunities in Japan across many sectors. Now investors can benefit by investing in Japan’s most attractive value stocks and capitalise on our proven ability to profit from irrational investor behaviour – although please note that past performance is no indicator of future returns. Read more

Ideally positioned to find value opportunities in Japan
Japan is the world's second largest economy but after years of underperformance we believe there are opportunities in Japan across many sectors. Now investors can benefit by investing in Japan's most attractive value stocks and capitalise on our proven ability to profit from irrational investor behaviour - although please note that past performance is no indicator of future returns.

This behaviour causes some value stocks to become 'mis-priced': investors ignore the positives about a stock and focus on bad news. In Japan there are many strong value opportunities - companies with strong fundamentals which we believe are undervalued.

Now could be an opportune time to invest before they start to reach fair valuation.

Research has shown that investing in extreme value has proven to be a successful medium to long-term strategy. Value outperformed the TOPIX universe of stocks in 78% of quarters during the period 1990-2006 (JPMAM Quantitative research. TOPIX universe 1990-2006; quarterly returns).

A strong team, with a strong local pedigree

Our investment strategy is one we've already successfully used in global, European and US markets for over 15 years. Our Japanese Portfolio Group is comprised of 24 expert Japanese equity specialists, with an average of over 12 years' experience.

The team is part of JF Asset Management, which is one of Asia's largest and most successful asset management companies with over 35 years' experience in Japan. This long-standing commitment gives us a rare advantage in sourcing the best value companies in the market.

It is reminded that the price of shares and any income from them may fall as well as rise. Past performance is not necessarily a guide to future and investors may not get back the full amount invested.