MCSMX...Up 10% YTD - Matthews China Small Cap Fund

bee

All others China region funds are negative (-2% to -12%). Interesting that the China Region funds in general have not been as beat down as US equity funds on a YTD comparison.

Matthews China Small Cap - MCSMX up 10%

Any thoughts on its out performance?

Its upside capture is 137 while its downside capture is 50

Only $140M in assets

ER 1.5%

Derf

Doesn't the old saying go something like this? The small caps will lead the way out of market correction.
Derf

bee

In fairness, this fund has under performed MAPIX for most of its existence (2011).

Here's that chart:
https://screencast.com/t/5rmnxOrz2

The fund has two new managers (less than 3 years). Here's the more promising three year chart.

https://screencast.com/t/5vP4hqnn

Maybe a combination of these two funds would be a thought.

bee

@Derf, on that note M* considers MCSMX a MC Growth fund. I hope you are right about it being a positive sign (getting us out of here).

bee

Manager Profile - Tiffany Hsiao:
https://us.matthewsasia.com/perspectives-on-asia/video-detail.fs?artID=1625

and,
https://citywireusa.com/professional-buyer/news/portfolio-manager-profile-matthews-asia-s-tiffany-hsiao/a1151333

bee

Ms Hsiao interview on Wealth Track (Dec 2018):

VintageFreak

Trade War. Tariffs. Corona Virus. Up 35% in 2019.
Tells you how much Harvard Graduates working on Wall St know.