I've been looking for a good Asia fund to invest in and have not been impressed with the active funds available in this space. The more I look at these funds, the more I can't tell them apart from their benchmarks.
Take a look at one of the oldest and most famous funds in the Asia category, Matthews Pacific Tiger fund (MIPTX or MAPTX). I used to invest in this fund years ago, but am shocked at how closely (and worse) it tracks its benchmark. I expect this in US equity categories, but not in this little corner of the industry. Is this becoming a problem in every category? Mind you, these aren't cheap funds.
I'm debating going passive ETFs to get emerging markets exposure, which I have never done before.
