Investing in Japan is the hot investment topic with Japan’s equity market Nikkei stock average topping the 40,000 mark for the first time on 4 March 2024.
DirectorsTalk caught up with Alexa Henderson, Non-executive chairman of JPMorgan Japan Small Cap Growth & Income plc (LON:JSGI), to discuss holding shares in JSGI in a stocks and shares ISA. In doing so, investors can utilise their current or their 2024/5 tax year ISA allowance and protect their investment from capital gains or income tax on profits and dividends:
Alexa Henderson commented, ‘The ISA season is almost upon us. With this in mind, it is worth noting that JPMorgan Japan Small Cap Growth & Income (JSGI) has a predictable dividend due to the dividend policy introduced in 2018. That is to say that the company pays dividends equivalent to 1% of NAV per quarter and has an historical yield currently of just over 4%’. After many years of muted performance Japanese equities share prices have finally surpassed levels of last seen over 34 years ago in 1989.