Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Well of course right after I comment, Voyager files for bankcrupcy and 100,000 people essentially lose their money. They are never getting that back. What a crock.
A bit too late to the game and priced too high. Their China ETF will be 20 bps higher than CNYA and underperforms it by a wide margin in 1, 3, 5 year trailing periods.
Numbers aside, the more alarming issue at Matthews is the exodus of portfolio …
I don't base my investing decisions on actions taken by momentum traders.
Regardless of how astute they claim to be.
Which brings to mind, why do certain investors feel obliged to frequently post
select trades on various anonymous investing forums?…
Not sure. She's nowhere near retirement age, so I'm guessing she will pop up somewhere. I saw her just a month or so ago on Bloomberg, she is a pretty frequent contributor.
I read his letter from May...perfect timing. But its not like that was the only time he warned about valuations...he mentioned the same thing last year.
Saw this on citywire this weekend. Another lead PM and head of fixed income Teresa Kong is leaving Matthews at the end of July. Seems the exodus of portfolio managers out of Matthews continues. Sad to see...something is wrong there, people are fl…
It is odd when they require fliping back and forth between the "new" and "old" versions of the page. Why not just update teh whole thing (or not) and then release? M* has always done that, which i've never understood.
Anyone owning this have reservations or concerns about his departure. I'm not familiar with their team other than the World Innovators fund.
Also curious!
ARKK under $37 and, according to M*, a P/E under 4. Whoa, value fund! Until you look and see that that P/E incorporates lots of individual negative P/Es. Companies that are losing money -- not where I want to be right now (or ever).
I believe she…
Thanks for the info ProtonAnalyst33.
I recall that Robert Harvey and the global CIO left.
The global CIO departure after a very short tenure was highly unusual.
You bet. Yes, highly unusual. Where there's smoke, theres fire
I've owned Matthews funds (MAPIX, MAPTX) previously and believed Matthews was an estimable firm.
Lydia So and Rahul Gupta left the firm in April 2020.
Tiffany Hsiao, YuanYuan Ji, and Beini Zhou left August 31, 2020.
These PM departures occurred with…
Mr. Grant's outlook has generally been somewhat pessimistic over the years.
He currently contends that he is not being pessimistic.
Ptak: "So, maybe turning back to portfolio strategy, if you will, given the fact that it sounds like you're a bit pe…
I've invested with Matthews for decades, but redeemed in the last 5 years as they have lost a lot of key young PMs and next generation management, and investment performance has become mediocre at best (related, the CEO change is long overdue).
I…
I'm a proponent of clean energy but oil and gas will still be needed in the near future.
You're absolutely correct that some people are/were overly optimistic regarding the
timeframe needed for the transition to clean energy. Perhaps driven by the …
Can't seem to findThe fund is listed in Artisan’s institutional website, not retail. Minimum is $1M.
Hmm, i can't seem to find it. Any idea what the subscription or redemption terms are? Is there a lockup?
I'm interested in this strategy, does anyone have any inside info on timing of potential mutual fund. The strategy currently appears only on institutional (separate managed account) side of Artisan.
The strategy is targeting 15% in private investm…
I read about this when it was announced. Morningstar did an article about this a while back and after reading that, it made sense to me.
https://www.morningstar.com/articles/1026626/what-t-rowe-prices-split-means-for-fund-investors
I have about 25%…
Strongly considering throwing a few dollars into Fido's 5 star China Fund - FHKCX.
Don't really want to buy education stocks (TAL, EDU, etc), but at current prices.....tempting. The Chinese gubmint is even more devious than our gubmint - the…
@msf thanks for the detailed description. Actually, I might of read that wiki when I first looked up the differences - glad to know i remembered the language correctly. Not glad to know it's misleading?
Bizarre announcement: "Any information to the contrary in the Prospectus and the Statement of Additional Information should be disregarded." . OK then.
More from Andy Rothman in today's WSJ. Unsprisingly, Andy's pro-China stance is evident once again!
https://www.wsj.com/articles/u-s-economy-likely-to-outgrow-chinas-due-to-contrast-in-pandemic-responses-11629036000
Andy Rothman, a China speciali…
Tiffany Hsio's Artisan fund is opened right now but I am not ready to get in given the political climate with China right now.
Yes, though I'm guessing the invsetment minimum is quite high. While I share your same concerns, within China, who knows…
@msf
You're a wealth of knowledge, as usual. Thanks so much for that link. $110bn managed by two portfolio managers. I assume the overlap on the various vehicles is pretty high. If so, that's a lot to manage without running into capacity constr…
Hi folks
I've owned MCHFX, MATFX and MPACX since the beginning of the plague. Folks should invest their money where they are comfortable. However, my biggest losses have occurred when I let my emotions get in the way.
And, yes, I've been to C…
Hi Proton,
Candidly no I haven't and have had several occasions to do so on a professional level and have declined each time.
I'm simply not interested in going there.
No thank you, not for me.
Best regards
Baseball Fan
No judgement, was just c…
I taken that you don't invest with Matthews Asia funds or have high opinon of their outlook? Though I agree that Matthews Asia funds have not excel with the exiting of several experienced managers.
I used to, but not anymore. I was pretty enthus…
@msf Thank you so much for all the information on BG and their relationship with Vanguard. So I understand that BG is one of the actual advisors of VWILX and VWIGX. However, what I don't understand is - how is this relationship worth it for BG, wh…
Wouldn't send a dime of my hard earned monies over there...I literally and willingly pay double for any product not made there and made in the USA. I don't care what the returns might be and for the record I believe that they will be terrible going…
Unfortunately, Grantham has been wrong for over 10 years. But he is not alone, Arnott (PAUIX) and Hussman were too.
See one source(link)
He was so off on US LC(SP500) and EM stocks.
yeah I still like listening to him. He is a great story teller. B…
