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Aberdeen Japan : AJIT – results

Aberdeen Japan, chaired by Neil Gaskell (pictured), has published results for the year ended 31 March 2014. These cover the period since it converted to a pure Japanese fund from an Asia including Japan one. During the first part of the year (the period up to 7 October), when the fund still had its pan Asia mandate, Aberdeen Japan underperformed its then benchmark index (the MSCI AC Asia including Japan index) by 7.3% as the net asset value fell by 9.6%. In the latter period, when it was a pure Japanese fund, it generated a total return of 0.9% which was 4.6% ahead of its new benchmark (the Topix Index).

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