Are there any interesting mutual funds investing in China?
There are a handful of China-only funds. In fact, they’re up an average of 1% this year. But keep in mind if you’re investing in one of these funds, it’s going to be very concentrated, and you’re going to miss out on gains in other parts of the region. The interesting option may be to find Pacific Rim funds with managers who are currently favoring Chinese stocks. That said, there are three top-performing China funds. One is the Dreyfus Premium China Fund. Another is Matthews Asian:China. And finally, Investec, which has a mainland China fund, which is up 11% this year. Q: What do you think of the Weitz funds? They’ve obviously had a bad year. How would you compare Longleaf Partners and Weitz? Do you have a favorite? A: I don’t want to impose my own personal views. But the Weitz and Longleaf managers are long-standing, top-performing value managers. Just because a fund manager is down and out this year doesn’t mean that an investor should cash out. For instance, Weitz’s Value Fund has l
