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I do not own it (yet) but do track it. I'm not looking for any fund to be the single, miraculous exception, when things are melting-down, generally. If it can manage to lose considerably less than the others during downturns and be a steady earner otherwise, I'm happy. That description might apply to MACSX, come to think of it. Foster was there before. SFGIX holds a big chunk in Asia, and the top holding right now is a Vietnam ETF or closed-end fund, not sure which. But it will make me more comfortable when it is further diversified beyond east and southeast Asia. I'm not distressed by its performance, yet.
Its recent performance is (1) noticeable better than its diversified emerging market peers and (2) roughly in-line with MACSX - looks like a bit lower returns but a bit less volatility - but I'm not sure I'd put much weight in such a short period.
MAPIX and MACSX both have considerably lower expense ratios. SFGIX is clocking in at 1.60% last time I checked. The Matthews funds seem like the way to go for me.
Comments
Its recent performance is (1) noticeable better than its diversified emerging market peers and (2) roughly in-line with MACSX - looks like a bit lower returns but a bit less volatility - but I'm not sure I'd put much weight in such a short period.
As ever,
David
This fund was recently dissected here:
http://www.mutualfundobserver.com/discussions-3/#/discussion/comment/11493
Right now, I would rate this fund as nothing more than a "Watch."
Kevin
http://finance.yahoo.com/echarts?s=SFGIX+Interactive#symbol=sfgix;range=ytd;compare=macsx;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
http://www.seafarerfunds.com/fund/composition
The fund's had a short term bump lately - the one month return is well ahead of Macsx, for whatever that's worth.