Nippon Active Value Fund: 11% discount to NAV, Questor’s ‘Investment Trust Tip for 2023’

13th January 2023 | Nippon Active Value

The Nippon Active Value Fund invests in small, “sleepy” Japanese companies who are cash rich. The aim is to encourage companies to release cash via dividends and share buybacks, improving shareholder returns. Since its flotation in February 2020, Nippon Active Value has delivered a share price gain of 21% and grown its NAV by 38%. That said it currently trades on a 11% discount. This has prompted Questor to tip the fund as its Investment Trust Tip for 2023.

Below is an interview with managers of the fund Paul ffolkes Davis and Gifford Combs.

If you would like a meeting or call with the team, please respond to this email.