Japanese Equity
12 Feb 15
The Invesco Japanese Equity Advantage Fund
This fund carries a Morningstar OBSR analyst rating of Bronze.
It ranks among the largest funds in the sector and has limited capacity.
The fund is managed by Tadao Minaguchi who uses a distinct longterm and bottom-up investment approach.
In essence, he invests across the market-cap scale in attractively valued companies which make advantageous use of their capital and intangible assets, resulting in a strong free cash flow, which should create shareholder value.
While this gives the fund a quality bias, the portfolio is diversified across most sectors and stock selection has been strong resulting in the fund holding up well in 2012 and 2013.
