Jupiter Japan Income

Introduction to the fund

Dan has established a clear and consistent process since taking on the fund in 2016. It is designed to find companies with the ability, and willingness, to grow their dividends. To do this, Dan will identify financially stable companies, with quality management teams and a competitive advantage in their industry. Most stocks will be linked to a long-term structural theme. Dan engages with management to effect positive change, using formal correspondence to encourage firms to move to a progressive dividend policy. The fund has delivered good long-term performance.

Fund manager

Dan Carter, Mitesh Patel

Co-manager Dan Carter joined Jupiter in September 2008. Prior to joining Jupiter, Dan worked at Odey Asset Management within the Japanese Equities team. Prior to that, he worked at Baillie Gifford & Co, where he was an investment analyst for the Japanese Equities and UK Large Cap Equities teams. Dan has a degree in economics and economic history and is a CFA® charter holder. Co-manager Mitesh Patel joined Jupiter in October 2016. Before joining Jupiter, Mitesh worked at Barings Asset Management, first as a Japanese equity analyst from 2009 and then as an Investment Manager in Japanese equities from 2013. Mitesh has a BSc in Investment & Financial Risk Management and is a CFA® charterholder and CFA Certificate holder in ESG Investing.

Opinion on fund

This is one of our preferred Japanese income funds. The process is solid and long term performance has been good. The headline yield is a bit disappointing and may put some off seeking a higher income. However, this fund should be considered on a total return basis (capital + income) for those considering it.

Fund performance

Documents

Key facts

  • Fund size

    £1,034.5m

  • Chelsea rating

    Buy

  • Core Selection

    No

  • Chelsea Risk Rating

    9.5

  • AMC

    –

  • OCF

    0.98%

  • Unit Type

    Acc and Inc

  • Yield

    2.25%

  • FundCalibre rating

    –

How to invest

Once you know where you want to invest, there are a number of ways you can invest:

  • Log in here and process your instruction
  • Call us on 020 7384 7300 to buy over the phone or request an application form
  • Download an application form and post it to us, along with a cheque
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Important information

Source: Performance data sourced from FE Analytics (IA universe). Yield figures (per annum), Fund Size data and AMCs/OCFs are as at 23/01/2026 unless otherwise stated.

The performance graph, factsheets and Key Investor Information Document is provided by FEfundinfo, and updated on a daily basis.

Some funds listed are off shore-domiciled and subject to different regulations. Off shore funds typically do not offer investor compensation under the UK Financial Services Compensation Scheme (FSCS).

Performance history extended by FE fundinfo to illustrate the fund’s longer-term record.

Sector rankings calculated from multiple underlying sectors; certain funds remain unranked due to limited comparability.

Funds assigned to an alternative IA sector; sector rankings may differ accordingly.

The information provided is based on our proprietary qualitative and quantitative research. Whilst reasonable efforts have been taken to ensure accuracy, Chelsea Financial Services cannot guarantee that the information is free from errors, omissions, or inaccuracies.

This information does not constitute investment advice and should not be interpreted as a recommendation to invest in any fund listed. Past performance is not a reliable indicator of future returns.

Please read the full Important Notice on page 2 of the FundReview 2025 carefully before making investment decisions.

Whilst every effort has been made to ensure the accuracy of this information, Chelsea Financial Services takes no responsibility for any errors, omissions or inaccuracies contained therein. The funds within the Chelsea Selection are based on our proprietary research, which is both qualitative and quantitative. Please note this is not investment advice, nor does it imply that you should invest in this fund. Past performance is a not a guide to future returns.

To find out more about our Chelsea Risk Rating, please visit our dedicated page.

The AMC (annual management charge) is paid to the fund management company for managing the fund. It is calculated as a percentage of the value of the fund. The AMC is less than the Ongoing Charges Figure (OCF).

The OCF (ongoing charges figure): The cost includes the AMC and other fees such as registration, regulatory, audit and legal fees but does not include transaction costs and performance fees.