SuMi Trust unveils Japanese small cap fund

Tokyo2SuMi Trust, the international arm of Japan's Sumitomo Mitsui Trust Group, has launched a fund investing in Japanese small cap equities.

Domiciled in Dublin, the SuMi Trust Japanese Small Cap Fund is aimed at institutional investors across Europe. It will have both sterling and euro share classes, in addition to a Japanese yen one.

Senior portfolio manager Satoshi Marui will invest in between 50 and 90 stocks, mostly with a market capitalisation of less than $1.5 billion (€1.4 billion).

Marui says: “Smaller companies are more likely to be less correlated to the macro economy, such as healthcare, consumer goods and technology and therefore have greater non-cyclical growth potential than large caps.”

SuMi Trust says a recent announcement by the Japanese Financial Supervisory Agency is likely to provide more liquidity in the market and will further support the small cap sector in the near future.

SuMi Trust, the international arm of Japan’s Sumitomo Mitsui Trust Group, has launched a fund investing in Japanese small cap equities.

Domiciled in Dublin, the SuMi Trust Japanese Small Cap Fund is aimed at institutional investors across Europe. It will have both sterling and euro share classes, in addition to a Japanese yen one.

Senior portfolio manager Satoshi Marui will invest in between 50 and 90 stocks, mostly with a market capitalisation of less than $1.5 billion.

Marui says: “Smaller companies are more likely to be less correlated to the macro economy, such as healthcare, consumer goods and technology and therefore have greater non-cyclical growth potential than large caps.”

SuMi Trust says a recent announcement by the Japanese Financial Supervisory Agency is likely to provide more liquidity in the market and will further support the small cap sector in the near future.

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