AVI Japan Opport.Tst - Update from QuotedData

AVI Japan Opportunity Trust - Update from QuotedData

31 October 2025

Hi Fidelity!

AVI Japan Opportunity (AJOT) has published proposals for a combination with Fidelity Japan Trust (FJV) that would improve liquidity in AJOT's shares, lower its ongoing charges ratio, and give the manager greater resources to unlock value in the companies it invests in.

For FJV shareholders the deal offers the chance to switch into a much better-performing trust, with improved discount control. While a cash exit is available as part of the proposal, AJOT's also offers shareholders the option to redeem shares each year - the next opportunity is due soon - so investors will continue to have the opportunity to exit easily in the future, and it seems reasonable to us that the cash option would be undersubscribed.

In addition, AJOT has no shortage of potential investments, and the managers see plenty of upside from the existing portfolio.

Full Research:

https://quoteddata.com/research/avi-japan-opportunity-hi-fidelity-qd/

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NB: Marten & Co was paid to produce this note AVI Japan Opportunity Trust Plc, and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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