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Schroder Japan Growth Fund PLC - seeks growth via investing in Japanese stocks - Says net asset value return for the six months ended on January 31 is 5.3%, outperforming the TSE First Section Total Return index of 4.8%. NAV per share as at January 31 amounts to 237.77p, up 3.1% from 230.68p a year prior. Says the share price also produces a positive return of 6.0% during the period. Schroder Japan says its term loan remains fully utilised when the revolving credit facility is undrawn. Looking ahead, says it enters 2023 in a ‘unique’ position as it ‘lacks many of the widespread challenges to economic growth that face many of its peers’. Current stock price: 207.00 pence each 12-month change: up 6.8% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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