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Japan & China Funds with ISA
glp
Posted: 15 January 2018 21:41:37(UTC)
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HI

I am thinking of switching a few funds on my ISA Portfolio

Fidelity smaller companies - 10k

Neptune 250 Mid Cap - 14k

Just looking for ideas for a good Japanese and China fund to switch my investments into

Thanks in advance

john x
Posted: 15 January 2018 21:56:14(UTC)
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Usual caveats but I have done quite well out of Neptune Japan Opportunities and Baillie Gifford Smaller Japanese. Two very different funds......
TJL
Posted: 15 January 2018 22:03:06(UTC)
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I have done the same recently and opted for AJG for Japan and JSC for China.
They don't have the cheapest ongoing charges, but I was put off BGFD and BGS by the high premiums.
BG offer fund versions too if you would prefer.

Possibly of interest:-

http://www.iii.co.uk/art...mp;utm_source=SmartFocus
Rob In Oxford
Posted: 17 January 2018 15:19:12(UTC)
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Legg Mason Japan Equity IF has been absolutely tremendous for me since I first started investing in this fund in late 2013.

Has consistently outperformed the N225 index tracker that I also hold by over 50%.

Tends to invest in smaller companies with their focus on "new Japan" and the domestic markets (healthcare, technology etc) so a little risky / volatile for some tastes. But for me it has been the absolute star fund in my entire portfolio.
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Fiona D. on 20/01/2018(UTC)
Law Man
Posted: 17 January 2018 15:48:31(UTC)
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For Japan, the BGFD & BGS ITs are at premiums to NAV. Consider the OEIC fund alternatives with BG.

Also look at Lindsell Train Japanese Fund which offers something different.
Jim S
Posted: 17 January 2018 16:34:03(UTC)
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For China, personally I would go JP Morgan China IT or FCSS IT. Check out the top 10 holdings, discounts and recent performance before you choose.
I know more about FCSS, but I think JPM might have slightly better recent performance and slightly better discount.

First State Greater China Growth is also good if you prefer OEICs, I hold it but havent compared it to others.

For Japan, I would go Legg Mason Japan Equity like Rob.
You can't seem to go wrong with Baillie Gifford Japan funds these days. They do have some great Japan ITs (eg BG Shin Nippon), but they are at high premiums. Also I think when I looked at their equivalent OEICs recently they hadn't peformed quite as well as Legg Mason (but do check this yourself to make sure).
I also hold AJG IT which seems pretty good & is probably still on discount, there was an article by investment trust insider on it recently.

China's had a good recent run, so instead of 1 Japan plus 1 China, you may want to consider PHI which covers whole AP including both Japan & China.
c brown
Posted: 17 January 2018 17:12:59(UTC)
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I hold Fcss & bought AJG this week. Baille Gifford is on a high premium hence chose AJG. If premium falls I might switch. The Manager I believe is leaving in April hopefully might throw up an opportunity! For funds have a look at Legg Mason for Japan. In the past I have held Henderson China Opportunities & Invesco Perpetual Hong Kong & China.
Gary Millar
Posted: 17 January 2018 20:26:18(UTC)
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Fidelity China Consumer & Legg Mason IF Japan Equity
glp
Posted: 18 January 2018 10:41:38(UTC)
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Thank you for all the reply and ideas - i am going for leg mason japan and Fidelity china IT
anglo29
Posted: 18 January 2018 11:53:38(UTC)
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Are you so sure that pulling out of UK funds; in particular smaller companies, is such a good idea?....UK Smaller Companies appear to be doing rather well of late, my own investment in Standard Life's UK Smaller Cos. IT, has shown steady (if unspectacular) gains of late.
On BBC this morning, was highlighted a "craft beers" company that a couple of years or so back was a two man operation out of a garage. Today they employ a thousand staff in a modern complex and have a thriving export trade to 60 countries. This, despite the "remoaners" who seem to think the UK can't succeed without being permanently attached to the apron strings of Brussels.

The Far East may look a haven of calm at the moment with North & South Korea going all kissy kissy for the upcoming Seoul Olympics, but what happens afterwards?....Can you be sure North Korea will not return to its provocative missile launches?....Causing semi-panic, if only temporary, to stock markets in the area?

Perhaps a safer option would be a global fund that includes some Far East investments; Foreign & Colonial (one of my long term favourites) has proved to be a reliable and steady performer over the long term.
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Tim D on 18/01/2018(UTC), Mickey on 18/01/2018(UTC)
Keith Cobby
Posted: 18 January 2018 12:08:08(UTC)
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I sold out of the UK Equity Income sector but still like smaller companies. My long term hold is Henderson Smaller Companies.
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Mickey on 18/01/2018(UTC)
Jim S
Posted: 18 January 2018 12:21:52(UTC)
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anglo29;55580 wrote:
Are you so sure that pulling out of UK funds; in particular smaller companies, is such a good idea


I agree Anglo but bear in mind we don't know rest of OP's portfolio & original question was quite specific

Some exposure to smaller domestic UK stocks is a good idea. Marlborough UK Microcap is a favourite of mine for UK smaller companies (there's a Nano cap version as well). Also UK is one sector where ITs are quite discounted.
These all seem good:

CFD FDS UK Buffetology (OEIC)
Old Mutual UK Smaller Cos (OEIC)
SVM UK Emerging (IT, nice discount)




anglo29
Posted: 18 January 2018 12:43:27(UTC)
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Keith Cobby;55582 wrote:
I sold out of the UK Equity Income sector but still like smaller companies. My long term hold is Henderson Smaller Companies.



I think you are wise to stick with the Henderson fund. For some reason, media commentators & politicians (usually Labour ones; with vested interests) are all too ready to "talk down" the UK economy, when the reality is that (under the radar) many; particularly smaller companies are doing rather well.
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Guest on 18/01/2018(UTC)
King Lodos
Posted: 18 January 2018 14:21:30(UTC)
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I'd certainly ease into China, rather than buying it on recent strength.

A fairly punishing market to try and time – very skittish investors who still treat stocks like greyhound racing, and some fairly expensive companies masked by cheap bank stocks.

When China spent recent years going sideways, with hideous volatility, no one was talking about direct investments .. It's clearly more popular now because of recent gains – which can be a bit of a trap .. Vanguard Emerging Mkts would be my recommended way to invest in China

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