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Thanks @heezsafe. That time of the day might be difficult here. Hopefully they keep a replay like Matthews does.
Edit: Just looked at the Doubleline page and they do have replays as well. Something to watch with the morning coffee.
@heezsafe, do you have a link for that conference?
Yesterday was a red letter day for me. I have been debating sweeping profits from AAPL but it looks like everyone else is doing the same. There is no bad news out there so I'll keep it for a whi…
This morning I had a email response from Matthews Asia. Their explanation is a bit more thorough than previous replies other posters have noted. One question is still on my mind. They did not pay the distribution due to the tax rules on PFICs and wh…
How much does one need in healthcare? Going back to the OP's first comment, he was thinking of putting about 5% in. That would not be bad in my opinion. If one had only SP 500 Index funds and put the 5% additional in, that adds up to about 17%.+/-.…
@heezsafe, Thanks for that additional link. One interesting prediction from Gundlach is his Treasury target of 2.20% and I believe we are already there if he is referring to the ten year.
@catch22, and others;
I previously commented that the healthcare component comprised 12% of the S&P500 index. That is confirmed here, http://www.bespokeinvest.com/thinkbig/2013/3/11/historical-sp-500-sector-weightings.html although the data is…
That ZH article shows a decline in online sales and revenues which I didn't see in the CNBC article. Normally I take Zero Hedge with a very large amount of skepticism but in this case they are correct in their numbers which are from a reliable sour…
@Puddnhead, While you are looking at the Russell 2000, check out the Russell 1000 Growth Index. ^RLG. Maybe that index is more of what you are looking for? IWF would be the corresponding ETF.
@mcmarasco, If you own the S&P 500, you already have about 12% of your assets in healthcare. Putting 5% into a pure healthcare play is not a bad idea. Biotech has a big future but it will be volatile.
If you are worried about the bull gettin…
@MikeM, I am just considering it. I do hope Mr. Horrocks will have more details when the commentaries come out. It would be pretty sad to learn he was eating Thansgiving turkey while this was going on.
I emailed Matthews the evening prior to Than…
@LLJB, this thread did go off in a different direction from your question.
I have noticed the bias in Matthews news and information articles. Also on their webcasts. It hasn't bothered me that much. The performance of the funds outweighs the sale…
Max, A cool off period right here will benefit you the most. Take a few days and think over your situation before making any decision on moving money. My 2¢.
This is the email contact point for account holders under the "contact us" link from their homepage.
http://us.matthewsasia.com/contact-us/individual-investors.
I was thinking of emailing also but I got interrupted by a tropical depression which …
@AndyJ, the REITs in question have been designated as PFICs by whomever designates these things. Maybe Matthews had been investing in advice that they were not designated as such? In any case they are now and everything I have read says that PFICs …
Horrocks is the top man at Matthews. I wonder if they realize what is going on with this decision? I would hope so, thinking their phones must be lit up with investors asking why?
I found this over on Investopedia.
http://www.investopedia.com/terms/p/pfic.asp
Doing a search of PFICS and mutual funds brings up a number of sources and from what I have gleaned from these is that the tax treatments on these investments are not…
Has Matthews inserted a explanation for MAPIX on their distribution page?
http://us.matthewsasia.com/investor-resources/fund-distributions.fs
I do not remember seeing that paragraph there before. Unfortunately, there are more questions than answer…
" people go off about how their insanely high property taxes (which is altogether true, mine too) have to go toward the public schools when they do not have any young children, damn it. Seriously."
This probably happens elsewhere too but in WA sta…
Perhaps, as Microsoft used to state, "it's not a bug it is a feature. More and more it seems like they have a problem with their system. I can see the eventual expiration of stale news but they should leave it up for one year as a reference.
Gleaning a little from the M* thread, it sounded like MAPIX was offsetting losses from REITs. There is some question if that is correct or not. I do not understand PFICs so maybe another member here has some insights they could share. Whatever the r…
I should clarify that while MAINX is not directly affected by interest rates here, there will be some effect because the prices are eventually converted to USD. The q3 commentary is quite informative if you had not read it yet.
http://us.matthewsa…
I agree with everything Max said. In addition, Matthews does a good job educating and keeping their investors up to date on conditions in Asia. They have regular webcasts where you can submit questions.
The MAPIX decision not to post a distributio…
The manager situation with MAPIX doesn't bother me at all. M* might be programmed to deduct points on any managerial change but in this case, Robert Horrocks took charge and has been overseeing the fund himself. Yu Zhang has been with Matthews since…
This is new territory for us. I am guessing when the first rate hike is announced or enacted there will be an emotional type of response. Who really knows?
The fact that your funds are making changes in advance of this event is positive. I have not…
Thanks for posting that link Old_Skeet. This article also shows why there has been solid interest in unconstrained bond funds and other alternative fixed income vehicles in recent times.
@hank, Actually MW runs numerous articles on yachts, luxury automobiles, vacations, etc. They have so many filler pieces you have to dig to find anything financial or market related and those are generally vanilla pieces.
It's more like People m…
Marketwatch is the subject here. No drifting.
WSJ is pretty good though not as good as in years past. Yes I do know they are all under the Dow Jones umbrella. That doesn't make things better in of itself.
As an indirect method, Matthews Asia was given a QF11 license to invest in the China markets.
http://us.matthewsasia.com/matthews-news/press-releases/article-761/default.fs
"This means that you could invest $10,000 in a mutual fund and the next day receive (and be taxed on) a $4,000 distribution – even though your total investment in the mutual fund is still only worth $10,000."
Yes, but you have more shares now.
@heezsafe, to clarify, I planned and I did sell my MAPTX. I have held on to MAPIX as I consider that my core Asia fund. My thoughts at the time were that the smaller Tigers were slowing down.
MAPIX is closed to new investors so I would think care…
