JPMorgan Japanese beats benchmark amid exposure to new growth areas

JPMorgan Japanese Investment Trust PLC reported a 24% rise in its full-year net asset value per share, outperforming its benchmark index with a 25% total return. The trust benefited from investments in AI and defense sectors, adding companies like IHI Corp and Advantest Corp to its portfolio. Despite a 0.7% share price drop, the trust declared a 29% higher final dividend. Future growth is expected from trends like de-globalisation and digitisation, according to Chair Stephen Cohen.