investing in Japan

redbuzzard

moneylover wrote: »

Redbuzzard, is this money in an ETF?

The GLG Japan Apha fund that I have is hedged, I don't know whether that is important at the moment with the direction of the currencies or not? Can anyone elighten me whether it is a consideration or not if I should invest in another Japan fund?

No it's the HSBC Japan index.

I think I've rambled already as our posts crossed about hedging.

You know that the fact that your units are priced in £ doesn't necessarily mean it's hedged? The GLG fund has several flavours I think.

To me it's not always clear either. The fact sheet for the unhedged version of the GLG fund doesn't actually highlight currency risk IIRC. Maybe it's deemed obvious in a 'foreign' fund.

moneylover

Redbuzzard - thanks very much, may just be a stream of consciousness, but an excellent one! Very useful indeed.

Glastoun

Yes, thanks for taking the time to write that - it's given me at least three new charts to look at every morning.

Sanchsoot49

I opened a S & S Isa in 2011 and one of the funds I bought into was a Japan Tracker.

Its done very well .... so far!

Jegersmart

The time to look at investing in an area or sector is when it has been battered and no one else wants to buy. I got in when the Nikkei was at around 8650-8700. I am taking profits now, my portfolio is down form 26% Japan to about 9% now. I may reenter later but now is not the time to chase Japan imho.

GL

J

redbuzzard

Jegersmart wrote: »

The time to look at investing in an area or sector is when it has been battered and no one else wants to buy. I got in when the Nikkei was at around 8650-8700. I am taking profits now, my portfolio is down form 26% Japan to about 9% now. I may reenter later but now is not the time to chase Japan imho.

GL

J

Go on then...which battered sector looks attractive just now?:)

marathonic

redbuzzard wrote: »

Go on then...which battered sector looks attractive just now?:)

Cypriot Banks.....

Glastoun

Jegersmart wrote: »

I may reenter later but now is not the time to chase Japan imho.

Agree with not chasing, but I'm okay with cycling in its slipstream while keeping a keen eye on the brake lights.

moneylover

Glastoun wrote: »

Agree with not chasing, but I'm okay with cycling in its slipstream while keeping a keen eye on the brake lights.

I am happy in the slipstream too - have only been in Japan for three months but happy with profit even if took the money out tomorrow
Would like some pointers on recognising that the breaklights are flickering - what will the warning signs be, other than watching my fund?

barak

Jegersmart wrote: »

The time to look at investing in an area or sector is when it has been battered and no one else wants to buy....

I get your point, but in the case of Japan you might then have been investing for much of the last two and a half decades after the Nikkei peaked at over 38.900 in 1989 and you wouldn't have done very well.