Under normal market conditions, the Japan Fund invests at least 80% of its net assets in the securities of, and depositary receipts (including American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs"), and European Depositary Receipts ("EDRs")) represented by, Japanese issuers that are tied economically to Japan. It may also enter into derivative transactions. The fund may use derivative transactions for any purpose consistent with its investment objective, such as for hedging, obtaining market exposure, and generating premium income.

Nasdaq

CNJFX

The Portfolio is a Feeder Portfolio and pursues its objective by investing substantially all of its assets in its corresponding master fund, the Japanese Small Company Series (the Japanese Small Company Series or the Series) of the DFA Investment Trust Company (the "Trust"), which has the same investment objective and policies as the Portfolio. As a non-fundamental policy, under normal circumstances, the Japanese Small Company Series will invest at least 80% of its net assets in securities of Japanese small companies.

DFJSX

The investment seeks long-term growth of capital. The fund normally invests at least 80% of assets in securities of Japanese issuers and other investments that are tied economically to Japan. It normally invests primarily in common stocks and uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

FIQLX

The fund normally invests at least 80% of assets in securities of Japanese issuers and other investments that are tied economically to Japan. It normally invests primarily in common stocks and uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

FJPCX

FJPIX

FJPNX

FJPTX

The fund invests at least 80% of assets in securities of Japanese issuers, and other investments that are tied economically to Japan, with smaller market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell/Nomura Mid-Small Cap Index or the JASDAQ Index). It invests in securities of Japanese issuers with larger market capitalizations. The fund uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

FJSCX

FPJAX

The fund primarily invests in securities included in the MSCI Japan Index, aiming to track the performance of large and mid-cap segments of the Japanese market.

FSJPX

The mutual fund primarily invests at least 80% of its assets in Japanese companies and may also invest in U.S. Treasury funds and money market funds, while also directly investing in money market fund types of investments.

GMAHX

The fund invests at least 80% of its net assets in equity securities of Japanese companies. The fund's manager considers a Japanese company to be a company organized under the laws of Japan, for which the principal securities trading market is Japan, or that has a majority of its assets or business in Japan. While it is considered a "diversified" mutual fund, it employs a relatively concentrated investment strategy and may hold securities of fewer issuers than other diversified funds.

HJPNX

The investment seeks long-term capital appreciation.  The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of smaller Japanese companies, typically considered to be companies with market capitalizations in the bottom 20% of all publicly traded Japanese companies. The fund's manager considers a Japanese company to be a company organized under the laws of Japan, for which the principal securities trading market is Japan, or that has a majority of its assets or business in Japan.

HJPSX

The investment seeks long-term capital appreciation.  Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Japan. A company or other issuer is considered to be "located" in a country or a region, and a security or instrument is deemed to be an Asian (or specific country) security or instrument, if it has substantial ties to that country or region.

MJFOX

The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in companies located (or with primary operations) in Japan. It may purchase the stocks of companies of any size and the advisor expects to make its investments across a wide range of Japanese industries and companies.

PRJPX

The fund invests, under normal conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of Japanese companies. It primarily invests in equity securities, including common stocks, preferred stocks, warrants and other rights and securities convertible into or exchangeable for common stocks. The fund may also invest in depositary receipts, including American, European and Global Depository Receipts.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
CNJFX	Commonwealth Japan Fund	Japan Equities	Jul 9, 1989	1.75%	-0.79%	2.94%	0.10%
DFJSX	DFA Japanese Small Company Portfolio	Japan Equities	Jan 30, 1986	0.42%	1.82%	6.00%	6.33%
FIQLX	Fidelity Advisor Japan Fund Class Z	Japan Equities	Oct 2, 2018	0.96%	1.06%	—	3.84%
FJPCX	Fidelity Advisor Japan Fund Class C	Japan Equities	Dec 14, 2010	2.09%	0.64%	4.91%	2.94%
FJPIX	Fidelity Advisor Japan Fund Class I	Japan Equities	Dec 14, 2010	1.04%	0.99%	6.07%	3.65%
FJPNX	Fidelity Japan Fund	Japan Equities	Sep 15, 1992	1.09%	1.00%	6.03%	3.67%
FJPTX	Fidelity Advisor Japan Fund Class M	Japan Equities	Dec 14, 2010	1.70%	0.82%	5.32%	3.10%
FJSCX	Fidelity Japan Smaller Companies Fund	Japan Equities	Nov 1, 1995	0.91%	2.39%	6.42%	2.75%
FPJAX	Fidelity Advisor Japan Fund Class A	Japan Equities	Dec 14, 2010	1.38%	0.88%	5.70%	3.44%
FSJPX	Fidelity SAI Japan Stock Index Fund	Japan Equities	Jun 24, 2021	0.11%	6.08%	—	3.87%
GMAHX	GMO-Usonian Japan Value Creation Fund	Japan Equities	Sep 13, 2020	0.57%	5.97%	—	4.38%
HJPNX	Hennessy Japan Fund	Japan Equities	Oct 30, 2003	1.44%	11.55%	8.63%	5.26%
HJPSX	Hennessy Japan Small Cap Fund	Japan Equities	Aug 30, 2007	1.57%	3.23%	7.94%	0.82%
MJFOX	Matthews Japan Fund	Japan Equities	Dec 30, 1998	1.05%	8.93%	7.01%	0.00%
PRJPX	T. Rowe Price Japan Fund	Japan Equities	Dec 29, 1991	1.05%	3.45%	5.28%	1.65%
RMBPX	RMB Japan Fund	Japan Equities	Dec 26, 2017	1.30%	7.86%	—	4.11%

The Best Japan Equities Mutual Funds

Risk vs. Return Scatterplot