Following a recent Morningstar Analyst Ratings meeting, we have moved the Schroder Japan Growth (SJG) investment trust to a Morningstar Analyst Rating™ of Gold. It was previously rated Silver. We continue to hold fund manager Andrew Rose, the supporting team and the structured process in high regard. Our concerns over the use of gearing have decreased over time, and we no longer see a reason to hold this closed-end vehicle at a differentiated rating to the identically managed Schroder Tokyo OEIC. The fund is therefore upgraded by a notch to Gold.
- See the latest Morningstar fund rating news here.
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