Fidelity Japan Share Discussion Threads

[the knowing] 24/3/2004 23:41

Your welcome and I hope that the profits continue like they have recently !

[mangal] 24/3/2004 23:35

TK, I already have a self-select ISA in which I hold various ITs and a few shares. I want to add a Japanese IT to that ISA. Ive searched citywire.co.uk site for the "best" Japanese fund but the site seems to list unit Trusts only and not ITs.

Thanks for your suggestion re China & India; I already have holding in these via IT warrants.

[the knowing] 24/3/2004 23:25

Mangal

At that site you can wrap your investment into an ISA and of course do not pay tax if you hold for a year.

Take a look at China and India as two other growing economies.

[mangal] 24/3/2004 23:19

TK, thanks for your suggestions & posting. I will have a look.

[the knowing] 24/3/2004 23:09

mangal I suggest you do your shopping here;

www.fidelity.co.uk

Also check the Japan thread EPIC JAP for news.

Improved outlook
The dollar fell against the yen after Standard & Poor's said Wednesday it
has raised its outlook on Japan's sovereign-debt rating to stable from negative,
citing prospects of improving nominal and real growth in Japan.
S&P says it's standing by its "AA-/A-1+" rating on Japan's debt and predicts
those ratings might hold for a couple of years.
S&P credit analyst TakahiraOgawa said Japan's "massive" net foreign assets,
which will approach 1.7 trln usd at the end of fiscal 2004 after uninterrupted
current account surpluses, and the yen's ranking as one of the world's most
heavily traded currencies continue to provideJapan with easy access to global
capital markets.
"Nevertheless, Japan's fiscal profile remains its greatest weakness and the
reason the sovereign is rated lower than any other [Group of Seven] government,"
said Ogawa.
"It's good news and it should improve the overseas investors' sentiment
toward Japan," said Kikuko Takeda, currency analyst at the Bank of
Tokyo-Mitsubishi.
"But S&P's action is limited to a minor upgrade of its outlook on Japan to
stable from negative. Overseas investors might increase their purchase of
Japanese stocks, but I don't think that the change alone is sufficient enough to
justify the outlook of a further appreciation of the yen."
Market participants remain cautious about dollar-buying intervention by
Japanese authorities, leaving the major currency pairs confined to relatively
narrow bands of late.
"The euro has remained steady at between $1.22 and $1.24 since the bombing
attacks in Spain, although the yen has strengthened against the greenback and
the euro," Takeda said.
Despite some forex participants forecasting the yen's strengthening beyond
the 100-yen level by the end of the year, Takeda thinks the yen would not
appreciate much beyond the 105-yen level.

[mangal] 17/3/2004 14:29

I'm considering buying an Inv Trust to get exposure to the Japanese market. I think the "best" ones are probably this one,FJV, & a couple of others: Atlantis Jap & Prospect Jap. Any thoughts on which one to go for?

[dondee] 16/10/2003 12:45

Headline: Fidelity Jap Values : Holding in company Story Time 13/10/03 14:34:00


Name of company
Fidelity Japanese Values PLC

Name of shareholder
The Goldman Sachs Group Inc

Number of shares acquired:
1,002,640 (1.02%)

Class of security
Ordinary 25p shares

Date company informed
13 October 2003

Total holding following notification
4,801,600 (4.89%)

ICV Edited News from Dow Jones
1434 GMT Oct 13 2003

[banovallum] 06/10/2003 12:48

Too true - and at a considerable discount to NAV still.

[himo] 30/5/2003 13:23

added more at 37p. Has to turn around sometime - hopefully in couple of months

[avoint] 10/5/2003 18:32

Lot's of good vibes comming out from Japan at present.Maybe time to look again.

[hectorp] 10/5/2003 18:12

the chart suggests we could breach 50p in June/July. Chance of 55p or greater.
The fund price is presently 38.5 to buy. its already showing a good 14% rise in the last week or so, which I annoyingly missed.
The time to be long Japan funds is by mid summer. check this chart...
easy 20% is likely in the next 8 weeks DYOR.
see

[365] 05/8/2002 09:20

not yet wait to see if it breaches earlier in the year support levels. FCP looks a better play but again they are all heading lower at present. WAiting game but will buy over the next 6 months

[avoint] 25/7/2002 12:48

Time to BUY again along with RON/DCS and PCF

[avoint] 16/7/2002 01:14

Well i took me profits at 60p+.Am seriouslt thinking of getting back in here.Looks like Japan will open up tomorrow too.Now its either FJV/PCF/DCS whre is my money going to go????

[gfarrell] 28/5/2002 12:17

With today's rise they're looking overbought. The recent rise has been at the expense of the discount, which has narrowed a lot. Worth thinking of selling to take profits and re-invest in Baille Gifford Shin (BGS) which is an equal performer and will catch up with FJV.

[avoint] 27/5/2002 21:49

And I think this will be a good one to hold for the future.Richyggg nice someone else looks overseas and does not just concentrate on the domestic market.

[richyggg] 27/5/2002 14:50

I can hear you :-)

I've held these since they were issued :-(

But on the up now :-))

[avoint] 24/5/2002 22:01

All i can say is told you - NM

[avoint] 08/5/2002 21:10

Up again today and with the DOW up 300points expect a big day in Japan...Oh when its BIG in JAPAN oh yeah

[avoint] 03/5/2002 21:45

Good gains and now confirmation that Aberdeen Asset management are purchasing heavily (RNS)

[avoint] 01/5/2002 18:51

Up again today.Reckon if I keep talking to myself it will continue that way.Any other comments?

[avoint] 01/5/2002 14:52

Someone must be thinking the same!!150K purchase at 53.5

[avoint] 01/5/2002 09:49

Another tick up today.Lets hope it's sustained!!!

[avoint] 30/4/2002 22:20

As alot of people have commented SE Asia is on the up.This indicates more purchases to sustain the growth and Japan is a very major supplier to all these countries.

Look at the growth potential...Some years ago the Nikkei was over 30000 now 11000,one year ago 20000+.This is a long term investment but on the positive side it is not going down any further!!