Aberdeen Japan Opportunities Fund will mainly invest in units of Luxembourg-listed Aberdeen Global Japanese Equity fund, which holds about 30 stocks.
The scheme was launched at a time when global investors turned risk averse on talks of U.S. tapering off its quantitative easing policy and slowdown in Chinese economy, the asset manager said. With this new fund, Aberdeen now has nine foreign investment funds.
According to Chaikaseam Vadhanasiripong, head of funds distribution–Thailand, about 60% of Japanese companies are trading below book value, creating value for investors.
“Provided you are patient and careful about picking stocks, we strongly believe this is a market with long-term earnings potential,” he said.
Aberdeen focuses on stock picking opportunities among the 3,000 listed companies in Japan.
During the IPO period, the fund house offered a special promotion of free bonus units in Aberdeen Cash Creation fund worth 100 baht for every 100,000 baht invested in Aberdeen Japan Opportunities Fund.