China stock boom

Saysxue high volatility and high risk that stand

Info icon This preview shows page 3. Sign up to view the full content.

View Full Document Right Arrow Icon
saysXue ~ ''High volatility AirChinaasthetypesofbusinesses and high risk" . that stand to benefit Thus, for most foreigners thebest Frederick J i ang , who manages way to i nvest in China - is to b u y one the1vy PacificOpportunities fund, . oftbe~()wingarray > likes those sector-leading picks tOQ, of mlitualfundsorex - , . but for a slightly different reason . chan~ectraded funds Many "public" companies in China focused on the coun " are st i ll state ' -owned enterprises m try. Still, Morningstar which the government keeps as analystWilliamRoc £ O much as a 75% stake. That often : cantions that even means the compamesare assured of China , ~focused fi l nds maintaining their dominant posi- are toonarrow and volatile for : ariy- tion. "You want to focus on almost- one who doesn't already have a monopoly powers," says Jiang . On broad international portfolio . the other hand, Jiang steers clear of One solid choice is Matthews sectors traditionally thought to be China (MCHfX),managed by Mark the nation ' s strengths : manufactur- Headley and Richard Gao, afor- ing and exports. "In China capital . mer Bank of China trader. The is cheap, labor is cheap, and tech- . fund has a 17 . 4% average return nology isreadily av~ilablt':,"be says . over the past five years and one · of · "We see veiyfierce competition , the lowes t e x pense r atios, 1.3% , FFEDBACK inv es [email protected] of any China fund. Moreover Gao , For aDthe latest stoc:k data an d . In-depth research and analysis, go to FORTUNE's home on the web, CNM l\'l Q ne y .eom.
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern