I am looking for some thoughts, opinions and suggestions regarding RIMIX/CNRYX City National Rochdale DEM fund.
I am considering this fund as a "complementary" position, not my major holding in EM.
It has performed very well in its short life and its metrics are very good. BUT it invests a vast majority in Emerg. Asia (90%) with 43% in China and 24% in India (According to M*).
Seems more like an "Asian" fund then DEM.
This fund seems to defy the odds in every way. Every metric bests the Cat. Avg. including the UP and DOWNSIDE C/R. Its 3 and 5-year returns, top 1%.
Any thoughts, ideas, suggestions and comments would be greatly appreciated!!
FYI, I have read the analysis on MFO and a few comments but I can't find much else