Important information - This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.
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Due to its small size, FSSA no longer deemed the fund to be commercially viable and decided to close the fund towards the end of 2024 subject to approval from the FCA (Financial Conduct Authority).
Since receiving approval from the regulators, FSSA has confirmed they expect to close the fund on 1 November 2024.
Investors can sell the fund prior to this date in the normal way, or remain invested until it closes. While the fund will continue to be managed in line with its objectives, all investments in the fund are expected to be sold by the closure date. Remaining investors at this point will subsequently receive the proceeds of the sale of the investments.
FSSA has also announced that Sophia Li, the fund’s manager, stepped down from managing the fund and left the business at the end of August. The fund will continue to be managed by its current co-manager Martin Lau, and Rizi Mohanty has joined him as co-manager. Mohanty joined FSSA in 2016 and has been a fund manager in Asian companies since 2020. They will continue to manage the fund using the existing investment philosophy and process until it closes.
Annual performance growth
Aug 19 -
Aug 20
Aug 20 -
Aug 21
Aug 21 -
Aug 22
Aug 22 -
Aug 23
Aug 23 -
Aug 24
FSSA Japan Focus
18.55%
26.13%
-25.14%
-8.75%
2.30%
IA Japan
1.61%
18.67%
-5.96%
5.59%
14.87%
Past performance isn't a guide to future returns.
Source: Lipper IM to 31/08/2024.
Important information - Please remember the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. This article is provided to help you make your own investment decisions, it is not advice. If you are unsure of the suitability of an investment for your circumstances please seek advice. No news or research item is a personal recommendation to deal.
Kate leads a team of Investment Analysts and is a member of the Senior Research Team. She provides oversight and challenge to fund selection across all sectors on the Wealth Shortlist, and votes on all proposals.
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