1. Annual Performance to 30 June each year

      30/06/2012
    30/06/2013
    30/06/2013
    30/06/2014
    30/06/2014
    30/06/2015
    30/06/2015
    30/06/2016
    30/06/2016
    30/06/2017
    Share Price 59.7% 13.1% 14.0% 50.0% 23.7%

    Periodic Performance

    All figures to 31/08/2017
      1 Year 3 Years 5 Years 10 Years
    Share Price 41.6% 133.3% 298.4% 347.9%
    NAV 39.2% 128.2% 275.9% 298.3%
    Index* 25.6% 80.2% 141.7% 173.0%

    NAV is calculated with borrowings deducted at fair value for 1, 3 and 5 years and par value for 10 years.
    *MSCI Japan Small Cap Index, total return, in sterling terms. 
    Performance source: Morningstar and relevant underlying index provider, total return. 
    Please bear in mind that past performance is not a guide to future performance.
    The value of your investment may go down as well as up, and you may not get back the amount you invested.

    Performance - 31/08/2017
    Comparative Index - changed from an index comprising the Tokyo SE 2nd Section, the TOPIX Small Index and the JASDAQ Index, weighted by market capitalisation, in sterling terms, on 01/02/2010, to the MSCI Japan Small Cap Index, total return, in sterling terms. In the above graph, the indices have been chain-linked to form a single index.
    The graph is rebased to 100.
    Please bear in mind that past performance is not a guide to future performance.
    The value of your investment may go down as well as up, and you may not get back the amount you invested.
    Unfortunately we were unable to load the chart. Please try again later.
    Discount - 31/08/2017
    If the graph shows negative figures this means that the share price is lower than the NAV at fair – this is known as trading at a Discount.
    If the graph shows positive figures this means that the share price is higher than the NAV at fair - this is known as trading at a Premium.
    Please bear in mind that past performance is not a guide to future performance.
    The value of your investment may go down as well as up, and you may not get back the amount you invested.
  2. MSCI Disclaimer

    Source: MSCI.  The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.  Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction.  The MSCI information is provided on an ‘as is’ basis and the user of this information assumes the entire risk of any use made of this information.  MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the ‘MSCI Parties’) expressly disclaims all warranties (including, without limitation, any warranties or originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information.  Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages (www.msci.com)