The fund seeks capital appreciation by investing in companies that are expected to benefit from the Womenomics initiative in Japan.
Womenomics is a government policy that encourages more women participation in the workforce, close the salary gap, and promotes more women in decision making roles and positions. With higher women participation, Japan hopes to tackle its shrinking labor force.
The fund focuses on companies that are actively promoting these policies or are determined or have announced plans to increase hiring and promoting of women in leadership positions in the workplace.
The fund’s investment process combines fundamental research and securities valuation with the Womenomics growth theme. The fund favors companies with above-average earnings growth potential in the long term that are trading at attractive valuations and management that are pursuing initiatives to promote women in leadership positions.