LONDON, UK: Atlantis Japan Growth Fund (AJGF) has announced its intention to combine assets with Nippon Active Value Fund (NAVF) in a move to counter market challenges and boost shareholder value.
AJGF’s small size and recent underperformance led to a discount in trading shares to net asset value. NAVF’s distinct investment approach focuses on unlocking value in smaller Japanese companies, boasting a strong track record.
The proposed merger, pending shareholder approval, will lead to AJGF’s liquidation and integration of its assets into NAVF. Shareholders will gain exposure to potential growth with an option for a partial cash exit.
This strategic move aligns with shifting market dynamics and positions both funds for an improved investment landscape. Further updates will follow as this exciting development unfolds.
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