CC JAPAN INCOME & GROWTH TRUST PLC ORD GBP0.01
Symbol: CCJI
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Whilst we endeavour to price investments on a real-time streaming or 15 min delayed basis, some prices may be as at close of business from the previous working day.
Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 29th Nov 2018 to 29th Nov 20195.14%
- 29th Nov 2019 to 29th Nov 2020-6.91%
- 29th Nov 2020 to 29th Nov 202115.67%
- 29th Nov 2021 to 29th Nov 20221.67%
- 29th Nov 2022 to 29th Nov 202315.19%
Key Information
| Benchmark | TSE TOPIX |
| Sector | IT Japan |
| Gearing | 122% |
| Ex-Dividend Date | 6 Jul 2023 |
| Dividend Pay Date | 4 Aug 2023 |
| Total Dividends - Year to Date | 5.05 |
| Dividend Yield (%) | 2.9619 |
Net Asset Value (Nav)
| Latest actual NAV | 180.60 |
| Latest actual NAV date | 24/11/2023 |
| NAV frequency | Daily |
| Premium/Discount | -5.59% |
Charges
|
Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.61% |
| Performance Fee | No |
| AMC | 0.75% |
|
Our Platform Charge
We charge a platform fee of 0.35% per annum on the value of all stocks & shares held across all accounts, minimum £24 and maximum £240 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.35% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here |
0.35% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.61% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
CC Japan Income & Growth Trust Plc is a United Kingdom-based closed-ended investment company. The Company's investment objective is to provide Shareholders with dividend income combined with capital growth, mainly through investment in equities listed or quoted in Japan. The Company may also invest in exchange-traded funds to gain exposure to such equities. Its investment in exchange traded funds shall be limited to not more than 20% of gross assets at the time of investment. It may also invest in listed Japanese real estate investment trusts (J-REITs). It invests up to 10 % of its gross assets at the time of investment in unquoted or untraded companies. It invests in a diversified portfolio of investments, which includes information and communications, chemicals, electrical appliances, banks, services, insurance, real estate, wholesale, transport equipment, securities commodities, and other sectors. Its investment manager is Coupland Cardiff Asset Management LLP.
Financial Summary
BRIEF: For the six months ended 30 April 2023, CC Japan Income and Growth Trust PLC revenues increased from £405K to £24.9M. Net income totaled £23.2M vs. loss of £1.3M. Revenues reflect Net Loss - Fin. Instruments Fair Value increase from -£3.8M to £20.3M, Overseas dividends increase of 10% to £4.6M. Net Income reflects CFD finance cost and structuring fee decrease of 9% to £109K (expense).
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| 7.23% | 3.65% | 7.59% | 15.19% | 35.47% | 32.58% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
185,618 bytes PDF Document; last updated 30 Sep 2023
227,765 bytes PDF Document; last updated 01 Jan 2023
2,501,661 bytes PDF Document; last updated 31 Oct 2022
2,312,703 bytes PDF Document; last updated 30 Apr 2023
Management Team
Richard Aston
has managed this fund for 7 years and 11 months.
Richard Aston manages the CC Japan Income and Growth Trust plc. He has 13 years of experience in Japanese equities and 19 years in total. Richard graduated from Cambridge University with an MA in Engineering and a sponsorship from GEC Industrial Controls. He first moved into the finance industry as an Investment Analyst with Sun Life Asset Management (now part of AXA Investment Managers) in 1992. After various roles within the asset management team, Richard was appointed as a Portfolio Manager on the Japanese desk in 1997. In 2000, he was appointed Head of Japanese equities at Chase Asset Management in London. Following the merger of Chase Manhattan, Flemings and JPMorgan, Richard became a member of the JPMorgan Asset Management Japanese Equities based in London and subsequently in Tokyo, where he worked closely with Jonathan Dobson. He was promoted to Managing Director in 2008. In December 2010, Richard returned to London and joined Coupland Cardiff Asset Management LLP.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
31/10/2022 |
31/10/2021 |
31/10/2020 |
31/10/2019 |
31/10/2018 |
31/10/2017 |
|---|---|---|---|---|---|---|
| Total Revenue | -9.45 | 48.35 | -20.64 | 22.75 | 4.92 | NIL |
| Gross profit | -11.08 | 46.76 | -22.07 | 21.29 | 3.44 | NIL |
| Operating Profit/Loss | -11.77 | 46.10 | -22.64 | 20.82 | 2.83 | 17.18 |
| Profit Before Tax | -12.00 | 45.90 | -22.85 | 20.61 | 2.83 | 21.54 |
| Profit After Tax | -12.89 | 45.08 | -23.70 | 19.74 | 2.16 | 21.17 |
| Equity Holders of Parent Company | -12.89 | 45.08 | -23.70 | 19.74 | 2.16 | 21.17 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
31/10/2022 |
31/10/2021 |
31/10/2020 |
31/10/2019 |
31/10/2018 |
31/10/2017 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 199.64 | 220.27 | 180.93 | 211.24 | 189.42 | 129.21 |
| Total Current Assets | 8.96 | 3.71 | 8.62 | 8.32 | 6.13 | 6.43 |
| Total Assets | 208.60 | 223.98 | 189.55 | 219.56 | 195.55 | 135.64 |
| Total Liabilities | 5.02 | 1.11 | 5.19 | 5.43 | 4.64 | 5.50 |
| Total Net Assets | 203.58 | 222.87 | 184.36 | 214.13 | 190.92 | 130.15 |
| Shareholders Funds | 203.58 | 222.87 | 184.36 | 214.13 | 190.92 | 130.15 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 203.58 | 222.87 | 184.36 | 214.13 | 190.92 | 130.15 |