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This Site provides general information about CC Japan Income & Growth Trust plc (the "Company") only and does not constitute investment advice. If you are unclear about any of the information on this Site, please contact an independent financial adviser before making any investment or financial decisions. Any decision to make an investment should not be made on the basis of information contained in this Site.

You may download or print copies of the reports or information contained within this Site for your own private use only; all other copying, reproducing, transmitting, distributing or displaying of material on this Site (by any means and in whole or in part) is prohibited.

No warranty is made as to the accuracy or completeness of any information on this Site. Any price information or indications of past performance on this Site are for information purposes only, are subject to change without notice and can in no way be construed as a guarantee of future performance.

All investment is subject to risk. The value of the shares in the Company may go down as well as up. Past performance is no guarantee of future returns and there is no guarantee that the market price of the Company's shares will fully reflect their underlying net asset value. There is also no guarantee that the Company's investment objective will be achieved.

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We may record and monitor telephone conversations and electronic communications with you for the purposes of: (1) ascertaining the details of instructions given, the terms on which any transaction was executed or any other relevant circumstances; (2) ensuring compliance with our regulatory obligations; and (3) detecting and preventing the commission of financial crime. Copies of recordings will be stored for a period of five years, or such longer period as may be determined by CCAM.

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Investment objective

The investment objective of the Company is to provide Shareholders with dividend income combined with capital growth, mainly through investment in equities listed or quoted in Japan.

Investment policy

The Company intends to invest in equities listed or quoted in Japan. The Company may also invest in exchange traded funds in order to gain exposure to such equities. Investment in exchange traded funds shall be limited to not more than 20 per cent. of Gross Assets at the time of investment. The Company may also invest in listed Japanese real estate investment trusts (J-REITs).

The Company may enter into long only contracts for difference or equity swaps for gearing and efficient portfolio management purposes.

No single holding (including any derivative instrument) will represent more than 10 per cent. of Gross Assets at the time of investment and, when fully invested, the portfolio is expected to have between 30 to 40 holdings although there is no guarantee that this will be the case and it may contain a lesser or greater number of holdings at any time.

The Company will have the flexibility to invest up to 10 per cent. of its Gross Assets at the time of investment in unquoted or untraded companies.

The Company will not be constrained by any index benchmark in its asset allocation.

Borrowing policy

The Company may use borrowings for settlement of transactions, to meet on-going expenses and may be geared through borrowings and/or by entering into long only contracts for difference or equity swaps that have the effect of gearing the Company’s portfolio to seek to enhance performance. The aggregate of borrowings and long only contracts for difference and equity swap exposure will not exceed 25 per cent. of Net Asset Value at the time of drawdown of the relevant borrowings or entering into the relevant transaction, as appropriate, although the Company's normal policy will be to utilise and maintain gearing to a lower limit of 20 per cent. of Net Asset Value at the time of drawdown of the relevant borrowings or entering into the relevant transaction, as appropriate. It is expected that any borrowings entered into will principally be denominated in Yen.

Hedging policy

The Company does not currently intend to enter into any arrangements to hedge its underlying currency exposure to investment denominated in Yen, although the Investment Manager and the Board may review this from time to time.

Incorporated in England and Wales No. 9845783. The Company is an investment company within the meaning of section 833 of the Companies Act 2006