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Fidelity Japanese Values beats index

02 August 2017 07:50

Fidelity Japanese Values' net asset value increased by 10.9% in sterling terms over the six months to 30 June, outperforming both the Russell Nomura Mid/Small Cap Index and the average of the company's peer group, which rose 6.7% and 9.8% respectively.

The discount to NAV narrowed as a result of share price performance which returned 22.2%.

Core holdings in domestic-orientated sectors, such as retail and foods that displayed positive earnings momentum, were among the key drivers of the company's outperformance.

Story provided by StockMarketWire.com

Related Company: FJV

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