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Are Japan Mutual Funds Finally Getting Some Traction?

FYI: Japan mutual funds have lagged the S&P 500 since the market bottom in 2011, but they're outperforming this year. Which of these two would have made a smart investment: Putting $10,000 into the average Japan fund on Dec. 31, 1999, or putting that amount into the S&P 500?
Regards,
Ted
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Comments

  • Using a simple rule set and 10 mo simple moving average ( monthly basis ) applied to the Nikkei index and Japan Govt bonds, the investment returns over the last 2.5 lost decades of the Japan experience could have been improved and risk mitigated https://docs.google.com/presentation/d/1Sn6BKRCKRU5tensBDFTkJXI3v2wRQ4M1bt8VoIM2Zmc/edit?usp=sharing
  • @jstf: Nice find !
    Regards,
    Ted
  • An interesting Japan Mutual fund is HJPSX. With a 2.24 % ER and only 15 Million AUM, it holds Micro, Small and Mid cap companies. Over the life of the fund it has performed well against the Japanese Index:
    image

  • MJFOX up YTD by over 18%. Figures. I dumped it in '14. That seems to be a guarantee that the investment will do well going forward. Groan.
    http://quotes.morningstar.com/fund/mjfox/f?pgid=hetopquote&t=MJFOX
  • @jstr, a very interesting piece but its not difficult to come up with a better approach when you know what's going to happen. It might be interesting to apply the same strategy to different periods of time in Japan, such as the 1970s or early '80s, and see how it holds up then.

    @crash, it sounds like you could market the "crash indicator" and recover some of the opportunity cost by issuing alerts that its time to buy something that you've dumped!
  • ;) No sense looking back, after all is said and done. PRESX and MJFOX simply made me wait too long, and so I got other places to do and people to be. Actually, it is nice to be owning what I own right now. And not so many to babysit. I'm down from 13 to ten.
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