Information  X 
Enter a valid email address

Fleming Japanese Inv (JFJ)

  Print      Mail a friend       Annual reports

Friday 24 November, 2000

Fleming Japanese Inv

Currency Hedge

Fleming Japanese Inv Trust PLC
24 November 2000



                    THE FLEMING JAPANESE INVESTMENT TRUST PLC
                              CURRENCY HEDGE

The Board of the Company announce that a 12 month forward sale of Yen against £
has today been initiated which is equal to 15% of gross assets.

This hedge has been initiated to protect shareholders against any downward move
in the yen caused by current political and economic uncertainties in Japan.  On
a trade weighted basis the yen has been excessively strong.


Contact:

Stephen Mitchell or Heather Williams
Tel:  020 7742 6000