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For China-centric exposure I might select MCDFX. MCDFX has exhibited less volatility over the long term making it easier to hold onto during sell offs like this. MCDFX is still up (+10%) YTD.
Matthews Asia Dividend has been a stalwart for years. We use it as a core hold in many client accounts. It is like the Energizer bunny. We call it the 'chicken' way to have China exposure.
Matthews Asia Dividend has been a stalwart for years. We use it as a core hold in many client accounts. It is like the Energizer bunny. We call it the 'chicken' way to have China exposure.
MAPIX = Chicken (China) and Dumplings (dividends)!
China made a mistake suggesting the masses move their money into the stock market and by association out of real estate. Everyone swarmed in with government approving and then all it took was a little selling to start a panic among millions of newb investors. Having half the market halted is completely the wrong decision because that has fed into the panic even more.
China will be a bargain at some point, but I'm not thrilled with how things have been handled.
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Derf
China will be a bargain at some point, but I'm not thrilled with how things have been handled.
"When Shanghai was peaking at 5,000 in June, I gave you five words of advice: Get. The. Hell. Out. Now.
To which I’ll add five more: And. Stay. The. Hell. Out."
From:
marketwatch.com/story/chinas-stock-market-crash-is-just-beginning-2015-07-08?dist=lcountdown