Among the strongest performing stocks in the Fund were shares of Bic Camera, Inc., the second largest consumer electronics retailer, Yamaichi Electronics Co., Ltd., a leading manufacturer of integrated circuit sockets, and S Foods, Inc. (TSE:2292), a manufacturer and retailer of meat products. Shares of S Foods, Inc. (TSE:2292) continued to perform well rising +136% since the start of the year. The company benefitted from the removal of restrictions on importing U.S. beef and earnings from its newly-acquired subsidiary, and the firm has also been able to raise prices to offset higher materials costs, due to the weakening Yen.
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