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Post by rac98g on Feb 13, 2021 13:55:51 GMT
I wondered if any of you had thoughts/insights on Matthews Asia Fixed Income funds (MAINX and MCRDX)?
The expense ratios are higher than I would like. However, they are niche products and offer direct exposure to corporate Asian bonds where yields are typically higher than in the US. I am not sure how much hedging they do of their currency exposure but they could also offer the opportunity for exposure to stronger non-US currencies going forward. I do not own these but am considering.
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Post by FD1000 on Feb 18, 2021 5:11:49 GMT
Let's look at MAINX( link). This fund has mostly lower rating bonds, under BBB=investment grade which means it's not a ballast fund. So, how is the performance vs multi sector funds? YTD ( link) it's down and behind PIMIX,TSIIX,CLMAX. Change to 1,3 years and still behind. Volatility is much higher too. Even the TTM yield is not that bigger too. I don't see any reason to own MAINX at this point.
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Post by rac98g on Feb 18, 2021 14:34:56 GMT
I appreciate you sharing your insights, FD1000!
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