David Fuller's view I bought a small position in the JPMorgan Japanese Investment Trust (JFJ LN) on 24th April, paying 2.2925. This was financed by accumulated dividends in a pension account. I obviously paid up for JFJ but if the Japanese government's policies work beyond the short term, I may have only missed the initial advance. JFJ's current discount to NAV is 9.13%, according to Bloomberg.

Today, I increased my small hedge short in the S&P 500 Index (weekly & daily), paying 1570.13, including spread-bet dealing costs.