Looking East
A tight focus on China's emerging markets keeps this fund in the black.
You don't need a fortune cookie to tell you that investingin China can pay off-last year's fund performance numberscan do that. The average China Region fund was up over 63 percentin 2003. But even Confucius knows it takes more than luck to makemoney.
Ask Mark Headley, a co-manager of the Matthews China Fund(MCHFX) portfolio, what sets this fund apart from other ChinaRegion funds, and he'll say it's the fund's focus onChina rather than the entire region. "We've always had afocus on companies that, if they are not purely Chinese, are HongKong ones with strong interests in China," he says. Thatinvestment philosophy has paid off: For the three- and five-yearperiods ending March 31, the Matthews China Fund has ranked top inits category, according to Lipper.
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Entrepreneur Editors' Picks
-
When Her Parents' Restaurant Burned Down, This First-Generation Founder's Hot Sauce Brand Rose From the Ashes to Take on Corporate Giants
-
Not Hitting Your Goals? Here's How to Know If You Should Change Tactics or Strategy.
-
You Can Generate Your Own Viral LinkedIn Post With This Hilarious Tool
-
This Couple Lost Everything When the Housing Market Crashed. But Manifesting 'Magic' Helped Them Launch a Metaphysical Brand With 10 Stores.
-
The Best Software Solutions and Tech Providers in the Franchising Industry
-
This 18-Year-Old Student Wanted a Better Way to Keep Track of His School Work. So He Built an App — and a Business.