Hardy Zhu was promoted from analyst to comanager on Matthews China on April 29, 2024. This makes sense. Zhu--who is a China specialist and who was also promoted to comanager on Matthews China Small Companies MICHX and a few of the firm's other strategies--has worked as an analyst on the strategy since he joined Matthews in 2011. He has 17 years of investment experience overall. Meanwhile, lead manager Andrew Mattock, comanager Winnie Chwang, and comanager Sherwood Zhang remain in place. They are seasoned and skilled Matthews veterans, and the process they use for this strategy remains the same. This strategy, therefore, retains its People and Process ratings of Above Average. That said, it’s worth noting that those ratings each dropped from High earlier this year owing to reduced confidence in Matthews' overall investment team and other issues.
Matthews China Investor MCHFX
- NAV / 1-Day Return 13.47 / +1.51 %
- Total Assets 449.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.150%
- Distribution Fee Level Average
- Share Class Type No Load
- Category China Region
- Investment Style Large Blend
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 0.76%
- Turnover 50%
USD | NAV as of May 18, 2024 | 1-Day Return as of May 18, 2024, 12:20 AM GMT+0
Morningstar’s Analysis MCHFX
Will MCHFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 50.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Tencent Holdings Ltd | 8.91 | 40.2 Mil | Communication Services |
Alibaba Group Holding Ltd Ordinary Shares | 8.64 | 39.0 Mil | Consumer Cyclical |
PDD Holdings Inc ADR | 6.66 | 30.0 Mil | Consumer Cyclical |
JD.com Inc Ordinary Shares - Class A | 4.68 | 21.1 Mil | Consumer Cyclical |
China Merchants Bank Co Ltd Class A | 4.27 | 19.2 Mil | Financial Services |
Meituan Class B | 4.23 | 19.1 Mil | Consumer Cyclical |
KE Holdings Inc ADR | 3.85 | 17.3 Mil | Real Estate |
China International Capital Corp Ltd Shs -H- Unitary 144A/Reg S | 3.72 | 16.8 Mil | Financial Services |
CITIC Securities Co Ltd Class H | 3.43 | 15.5 Mil | Financial Services |
Shenzhen Mindray Bio-Medical Electronics Co Ltd Class A | 2.24 | 10.1 Mil | Healthcare |