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RIMIX - CNI Emerging Markets (I believe it used to be Rochdale EM)
Yes, ER is on the expensive side.
However, rather interesting portfolio (not just the usual generic EM names) and rather remarkable performance in comparison to the EEM emerging markets index ETF.
This fund is an Asian EM fund as detailed HERE. Unfortunately, M* misclassified this fund as a diversified EM fund. If I wanted an Asian EM fund, I would probably start with one of the Matthews funds. And if they don't have what I want this month, they will likely have it next month with the addition of more funds.
In the EM equity space, I continue to like and own some THDIX. I reduced my position recently when the EM charts started to head south.
Reply to @kevindow: Thanks - that's so funny. I saw the diversified EM tag on Morningstar, then looked closer at holdings and should have noticed all of the top holdings are on the Hong Kong market.
"And if they don't have what I want this month, they will likely have it next month with the addition of more funds"
Lol. They did get a fair amount of new funds out right before people scrambled out of anthing EM.
Comments
This fund is an Asian EM fund as detailed HERE. Unfortunately, M* misclassified this fund as a diversified EM fund. If I wanted an Asian EM fund, I would probably start with one of the Matthews funds. And if they don't have what I want this month, they will likely have it next month with the addition of more funds.
In the EM equity space, I continue to like and own some THDIX. I reduced my position recently when the EM charts started to head south.
Kevin
"And if they don't have what I want this month, they will likely have it next month with the addition of more funds"
Lol. They did get a fair amount of new funds out right before people scrambled out of anthing EM.