The Matthews Asia Focus Fund seeks long-term capital appreciation by investing in companies capable of sustainable growth based on fundamental research. While the fund is unconstrained by sector, geographic area or market capitalization, it is designed to primarily invest in medium or large-capitalization companies with a concentrated portfolio of 25 to 35 high conviction holdings. The Matthews Asia Focus strategy is managed by Kenneth Lowe, CFA.
“Given the economic developments over the past decade, Asia now provides investors with a growing pool of established companies with good corporate governance, strong management teams, medium to long operating histories and that are recognized as global or regional leaders in their industry,” said Lowe. “We believe these companies would meet the high standards required for inclusion within a high-conviction portfolio that would appeal to more risk-tolerant investors looking to gain exposure to an active Asian equity strategy.”
The Matthews Emerging Asia Fund seeks long-term capital appreciation by investing in growth-oriented companies in much smaller but rapidly developing Asian economies such as Bangladesh, Cambodia, Indonesia, Malaysia, Myanmar, Pakistan, Philippines, Sri Lanka, Thailand and Vietnam. The fund will also gain exposure to companies in more established Asia ex-Japan countries, such as India, China and Taiwan. In constructing the portfolio of 60 to 100 holdings across the market-cap spectrum, the investment team also considers diversification, absolute risk and valuations. The Matthews Emerging Asia strategy is managed by Taizo Ishida.
“The fast-growing economies of Emerging Asia are underpinned by strong foreign direct investment, governments committed to liberalizing their economies and populations that are benefiting from rising employment and standards of living,” said Ishida. “In recent years, their capital markets have deepened and they now offer a bigger universe of publicly traded firms that provide new investment opportunities.”
More information is at http://matthewsasia.com/new_funds/.