Atlantis Japan Growth (Ordinary Share) AJG

Japanese Smaller Companies

Estimated NAV (p)

136.00

Share Price (p)

129.00

Total Returns on £1000 over

5 years3 years1 year

Fund / Benchmark	Total returns(%)
Atlantis Japan Growth (Ordinary Share) Price	60.67%
Atlantis Japan Growth (Ordinary Share) NAV	59.21%

Share Type	Yesterday's Closing Price	Discount / Premium	Diluted NAV		Gearing	Dividend
Share Type	Yesterday's Closing Price	Discount / Premium	Est	Last	Gearing	Dividend
Ordinary Share	126.5p	-7.1%	136.00p	88.00p 31 Oct	108%	0.13%

Discrete performance % over

5 years3 years1 year

Fund / Benchmark	Q1	Q2	Q3	Q4
Atlantis Japan Growth (Ordinary Share) Price	3.66	3.85	12.96	32.13
Atlantis Japan Growth (Ordinary Share) NAV	3.16	1.35	15.56	31.77

Discrete performance over

5 years3 years1 year

Toyota Tsusho Corp.	4.37%
Daikin Industries, Ltd.	4.00%
Sumitomo Mitsui Financial Inc	3.44%
Toyota Motor Corp	3.44%
Mitsui Fudosan Co. Ltd.	3.16%
Sekisui House	3.07%
Bit-Isle Inc	2.97%
Saint Marc Holdings Co.,Ltd.	2.97%
Anritsu Corp	2.79%
Fuji Pharma Co.,Ltd.	2.69%

General Equity	98.00%
Net Current Assets	2.00%

Edwin C Merner Start: 10 May 1996

Team Managed Start: 24 Apr 2012

Management Contract & Fees:

Management agreement with Atlantis Fund Management (Guernsey) Ltd, terminable on at least one years notice. Management fee at the annual rate of 1.5% of net assets accrued weekly and payable monthly in arrears. Custodian receives a fee at the annual rates of 0.10% of weekly NAV up to US $50m and 0.075% for assets above US $50m, subject to an annual minimum of US $20,000. Management International (Guernsey) Ltd acts as Administrator and receives a fee at the annual rates of 0.20% of net assets up to US $50 million, 0.10% between US $50 million and US $100 million, 0.05% between US $100 million and US $200 million, and 0.025% above US $200 million, subject to an annual minimum of US $125,000.