Since posting the monthly ranking of Japanese Mutual Funds in the U.S. (by net assets) for September, the latest data as of month-end October, show the top-2 funds, both from Fidelity, registered growth in net assets, especially the Fidelity Japan fund (FJPNX; +$30M, to $1.78B). However, the T. Rowe Price Japan fund (PRJPX) saw another decline in net assets, by about $11.5M, to $405.6M, after losing around $26M in Sept. Also, Matthews Japan (MJFOX) lost about $22M in net assets to $213.4M, after holding steady at $235.1M in Sept. The biggest change was a $52M decline in DWS Japan Equity (FJESX) net assets to $34.36M. Click through for the ranking table.

[Ticker] [Fund Name] [Net Assets ($m)]
FJPNX – Fidelity Japan – 1,780.000
FJSCX – Fidelity Japan Smaller Companies – 812.310
PRJPX – T. Rowe Price Japan – 405.620
SJPNX – Japan S – 370.230
MJFOX – Matthews Japan – 213.370
SPARX – SPARX Japan Institutional – 82.990
HFJAX – Henderson Japan-Asia Focus A – 54.350
FJEAX – DWS Japan Equity A – 53.420
FJECX – DWS Japan Equity C – 47.370
CVJAX – JPMorgan Japan A – 40.140
FJESX – DWS Japan Equity S – 34.360
FAJCX – Fidelity Advisor Japan C – 33.950
FJPAX – Fidelity Advisor Japan A – 33.000
HFJCX – Henderson Japan-Asia Focus C – 32.060
JPNAX – Morgan Stanley Japan A – 31.360
WPJGX – Credit Suisse Japan Equity Comm – 31.160
JSCFX – Japan Smaller Companies – 26.440
SPXJX – SPARX Japan Investor – 19.240
RYJPX – Rydex Japan 1.25x Strategy H – 14.530
FAJTX – Fidelity Advisor Japan T – 14.300
JPNCX – Morgan Stanley Japan C – 12.400
RYAJX – Rydex Japan 1.25x Strategy A – 11.670
FJEBX – DWS Japan Equity B – 11.440
OBJAX – Oppenheimer Baring Japan A – 11.380
JPNBX – Morgan Stanley Japan B – 10.460
UKPIX – ProFunds UltraShort Japan Inv – 8.390
CNJFX – Commonwealth Japan – 8.120
FAJBX – Fidelity Advisor Japan B – 7.920
RYCJX – Rydex Japan 1.25x Strategy C – 7.190
DXJLX – Direxion Japan Bull 2X Inv – 6.820
AJFAX – AIM Japan A – 5.620
CVJBX – JPMorgan Japan B – 5.270
JPNDX – Morgan Stanley Japan D – 4.760
AJFCX – AIM Japan C – 1.720
AJFBX – AIM Japan B – 1.270
AJFIX – AIM Japan I – 0.710
OBJYX – Oppenheimer Baring Japan Y – 0.450
OBJCX – Oppenheimer Baring Japan C – 0.360
CUJAX – Credit Suisse Japan Equity A – 0.250
UKPSX – ProFunds UltraShort Japan Svc – 0.250
OBJBX – Oppenheimer Baring Japan B – 0.220
WPJAX – Credit Suisse Japan Equity Adv – 0.110
OBJNX – Oppenheimer Baring Japan N – 0.010
SPJSX – SPARX JAPAN SMALLER COMPANIES F – n/a

By comparison, iShares MSCI Japan ETF (EWJ) had $11.59B in assets as of the end of Oct., compared to $11.97B at the end of Sept. iShares S&P/TOPIX 150 (ITF) had $283.35M vs. $303M.