Alexa Henderson, non-executive chairman of JPMorgan Japan Small Cap Growth & Income plc (LON:JSGI), commented that:
‘The ISA season will soon be upon us and Japanese Equities might not be regarded as a traditional option for income investing. However, JPMorgan Japan Small Cap Growth & Income (JSGI) has a predictable dividend due to the dividend policy introduced in 2018. The company pays dividends equivalent to 1% of NAV per quarter.’ As the share price has fallen over the last three months from over 500p to currently under 400p, the trust has an historic dividend yield in excess of 5.0%. Importantly this dividend is delivered through the structural benefit of the investment trust and in no way impacts the freedom of our managers to select the very best investments they can find.
Our JSGI company page gives much greater detail. But as an overview, JSGI plc gives investors exposure to smaller companies in Japan which is a diverse sector with strong growth potential. The team focuses on good quality businesses with improved governance structures and opportunity for re-rating and investing in JSGI gives you access to a fast growing under researched market, with focus on businesses that reinvest to provide higher growth potential.”
Japan income fund, JPMorgan Japan Small Cap Growth & Income plc (LON:JSGI / JSGI.L), targets Japan income without compromising on Japanese growth opportunities. This Japan fund is an income investing opportunity that gives investors access to a diverse and fast growing sector managed by local managers. The Investment Trust offers a regular quarterly income by paying a higher dividend funded part by capital reserves as well as revenue returns.
