LONDON (Alliance News) - Fidelity Japanese Values PLC Wednesday said that its net asset value increase by 0.04% in the quarter ended September 30.
The investment trust said that gearing continued to be maintained by way of investments in Contracts For Difference rather than underlying shares, and total gearing exposure was 16.44% on September 30.
It said that the electrical machinery services was its biggest investment sector in its portfolio.
Shares in the company closed down 0.7% at 71.38 pence per share Wednesday.
By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty
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Fidelity Japan Trust (FJV)