What is Versa Japan?
Versa Japan is an equity fund that allows you to invest in the Japanese stock market. The underlying fund is AHAM World Series – Japan Growth Fund (MYR). This fund focuses on undervalued Japanese companies with high growth potential. Think of established giants like Mitsubishi, Sony, and Toyota, alongside promising players poised for future success.
Benefits of Investing in Versa Japan:
- Exposure to a Stable Economy: Japan boasts one of the most developed economies in Asia, offering a potentially lower risk profile compared to emerging markets.
- Renowned Stability of Japanese Equities: Japanese companies are known for their solid track records and focus on long-term growth, potentially leading to steadier returns.
- Currency Appreciation Potential: If the Japanese Yen (JPY) strengthens against the Malaysian Ringgit (MYR), your investment could benefit from the strengthening of JPY.
What Sectors is Versa Japan Investing Into?
Versa Japan is a well-diversified fund, which invests across various sectors, not limited to:
- Industrials
- Consumer Discretionary
- Financials
- Energy
- Telecommunications
- Healthcare
Understanding MYR Hedged vs. Unhedged Options
AHAM Asset Management offers two options for the AHAM World Series – Japan Growth Fund: MYR hedged and MYR. The key difference lies in currency risk management:
- MYR Hedged: This strategy utilizes financial instruments like forward contracts to mitigate the impact of fluctuations between MYR and JPY. This offers more predictable returns in MYR regardless of currency fluctuations, but may limit potential gains from a strengthening Yen.
- MYR: This option leaves your investment exposed to currency fluctuations. While riskier, it also offers the chance for higher returns if the Yen strengthens against the Ringgit.
When you invest in Versa Japan, you are investing in the MYR option.
Features of Versa Japan
Versa Japan offers several advantages for investors:
- 0% Sales Charge: No upfront fees allow more of your investment to work towards achieving your financial goals.
- 100% Online: Manage your investments conveniently from anywhere and anytime.
- Portfolio Diversification: Allows you to diversify your investments by investing into undervalued Japanese equities with high growth potential.
In Summary
Versa Japan allows you to access the promising Japanese market with the potential for both growth and currency appreciation. Consider this option if you’re looking for a medium to long-term investment with diversification benefits.
Please refer to the fund’s prospectus for more information.