"In your audio of Friday 26th march you were positive on the prospects of Japanese Shares. How would you recommend playing this - how about the attached Ishares IJPN?"

David Fuller's view This candidate is listed in London and a number of other countries. Bloomberg says: "The Fund invests in a portfolio of securities that so far as possible and practicable consist of the component securities of the MSCI Japan Index. The Fund may also hold equity securities from other countries."

There are plenty of vehicles for investing in Japan listed in the Library. One should always do one's own due diligence but the big call is whether or not Japan, so long a laggard, is beginning one of its better stock market rallies? I think so, but have opened my Japan campaign with yen shorts. At Fullermoney, we maintain that a weaker yen is key to performance for Japan's stock market.


My personal portfolio: AUD/JPY long forex trade opened - I have added this trade to my JPY shorts for the interest rate differential. Today, I bought the Australian dollar against the Japanese yen (AUD/JPY) (weekly & daily). I paid ¥83.09 for a September contract, including opening spread-bet dealing costs of ¥0.12. The risk with this trade is that it is currently near the upper side of the range, where resistance could still be encountered.