Investment Ideas: Japanese benchmarks and funds

A closer look at Japanese equities funds: ETFs vs Investment Trusts. Currency-hedged funds stand out for me as does Nippon Active Value Fund

Japanese equity funds

I embarked on a quick macro-inspired whistle-stop tour of the Japanese economy and markets on Monday. My conclusion was simple: that the Japanese economy might be set for more fiscal expansion, the Yen might weaken even more and that Japanese equities looked reasonably cheap. In this midweek note, I want to dig a bit deeper into the…