Matthews Pacific Tiger Fund

Matthews Pacific Tiger Fund Premium Guru

Last Update: 07-30-2015
Related: Matthews Japan Fund

Number of Stocks: 66
Number of New Stocks: 1

Total Value: $8,865 Mil
Q/Q Turnover: 6%

Countries: USA TWN IND VNM KOR CHE MYS SGP HKG PHL IDN THA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Matthews Pacific Tiger Fund' s Profile & Performance

Profile

The fund seeks long-term capital appreciation by investing at least 80% of its total net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Asia Ex Japan. The Fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

Web Page:http://matthewsasia.com/our-funds/f-5/matthews-pacific-tiger-fund/overview.fs

Investing Philosophy

Matthews employs a bottom-up, fundamental investment philosophy with a focus on long-term investment performance.
(1) Active management
“We believe many of the regions’ widely used equity indices are backward looking and are not representative of the industries and companies that will be successful in the future. With respect to the region’s debt indices, we believe they are representative of the most indebted countries as opposed to the most creditworthy.”
(2) Long-term focus on Asia
“We believe a long-term approach is the most effective way to capitalize on Asia’s evolution.”
(3) Bottom-up research
“We employ a fundamental, bottom-up investment process. For equities, we seek to identify companies with sustainable long-term growth prospects, strong business models, quality management teams and reasonable valuations.”
(4) Defining Asia investment strategies
“We strive to provide investors a range of Asia strategies across the risk-reward spectrum and launch new strategies when there are compelling investment opportunities in the region.”

Historical Allocation of Stock, Bonds, Cash

Total Holding History

Performance of Matthews Pacific Tiger Fund

YearReturn (%)S&P500 (%)Excess Gain (%)
201411.7913.69-1.9
20133.6332.39-28.8
201221165.0
3-Year Cumulative40.2 (11.9%/year)74.6 (20.4%/year)-34.4 (-8.5%/year)
2011-11.412.11-13.5
201022.315.067.2
5-Year Cumulative51.9 (8.7%/year)105.1 (15.5%/year)-53.2 (-6.8%/year)
200975.3726.4648.9
2008-46.12-37-9.1
200733.665.4928.2
200627.2215.7911.4
200522.514.9117.6
10-Year Cumulative198.9 (11.6%/year)109.4 (7.7%/year)89.5 (3.9%/year)
200423.3410.8812.5
200360.1528.6831.5
2002-6.47-22.115.6
20017.91-11.8919.8
2000-24-9.1-14.9
15-Year Cumulative353 (10.6%/year)86.4 (4.2%/year)266.6 (6.4%/year)
199983.0121.0462.0
1998-2.8628.58-31.4
1997-40.8933.36-74.2
199624.1822.961.2
19953.0637.58-34.5
20-Year Cumulative509.2 (9.5%/year)554.6 (9.8%/year)-45.4 (-0.3%/year)

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Commentaries and Stories

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Matthews Pacific Tiger Fund Raises Second-Most Valuable Stake Matthews Pacific Tiger Fund - Matthews Pacific Tiger Fund Raises Second-Most Valuable Stake
The Matthews Pacific Tiger Fund (Trades, Portfolio) likes to make long-term investments in primarily Asia-based companies. It looks for sustainable growth based on several characteristics, a strategy that enabled the Fund to earn returns of nearly 12% in 2014. The Fund enjoyed returns of 21% in 2012. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Matthews Pacific Tiger Fund Comments on Green Cross Corp
Green Cross (XKRX:006280), one of our health care holdings which focuses on vaccines and blood derivative products, has done well and was rewarded by the stock market as its management has been investing and building its R&D capabilities. More...

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Matthews Pacific Tiger Fund Comments on AmorePacific Corp
South Korea was a top contributor to Fund performance for the second quarter, with holdings in cosmetics and health care industries doing well. Amorepacific (XKRX:090430) continued to gain traction with Chinese consumers. More...

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Matthews Pacific Tiger Fund Q2 2015 Commentary
For the first half of 2015, the Matthews Pacific Tiger Fund (Trades, Portfolio) gained 8.13% (Investor Class) while its benchmark, the MSCI All Country Asia ex Japan Index, returned 5.59%. For the quarter ending June, the Fund returned 0.56% (Investor Class), while its benchmark returned 0.65%. More...

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Hengan International, Komatsu Among Most-Bought International Stocks Matthews Pacific Tiger Fund,Yacktman Fund,Yacktman - Hengan International, Komatsu Among Most-Bought International Stocks
The All-In-One-Screener can be used to find the most-bought international stocks among the gurus (which requires a Global Membership subscription to the regions you’d like to search). Simply select the regions besides the U.S. in the top menu, then click the checkmark box for “Involved in Buy/Sell Activities” on the Gurus tab. In the “Recent Guru Buying/Adding” field, select “3+ Gurus”. More...

HENGAN INTERNATIONAL, KOMATSU, INTERNATIONAL, GLOBAL


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Matthews Pacific Tiger Fund Adds 2 New Stocks to Portfolio MATTHEWS PACIFIC TIGER FUND - Matthews Pacific Tiger Fund Adds 2 New Stocks To Portfolio
The Matthews Pacific Tiger Fund (Trades, Portfolio) added two new stocks to the portfolio, while divesting two others during the first quarter of 2015, according to GuruFocus Real Time Picks. More...

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Matthews Asia Q1 2015 Message to Shareholders
Dear Valued Investors, More...

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Matthews Pacific Tiger Fund Comments on Keppel Land
During the quarter, we exited Keppel Land (SGX:K17), a Singaporean real estate company. Keppel is being privatized by its parent company at a significant premium, which caused us to tender our shares. More...

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Matthews Pacific Tiger Fund Comments on Perusahaan Gas Negara (Persero) Tbk
During the quarter, Indonesia and Taiwanese holdings were among the biggest detractors to Fund performance. Some of the portfolio’s holdings in the utilities sector were a drag on performance. In particular, uncertainties around profitability of PT Perusahaan Gas Negara Persero (ISX:PGAS) hurt the underlying equity, which was further exacerbated by a fall in the Indonesian rupiah. In addition, the company’s decision to modestly lower the dividend payout ratio highlights the constraints on their cash flow arising from weakening profitability and continuing investments, which may only yield returns in the long term. More...

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Matthews Pacific Tiger Fund Q1 2015 Commentary
For the quarter ending March 31, 2015, the Matthews Pacific Tiger Fund (Trades, Portfolio) returned 7.53% (Investor Class), outperforming its benchmark, the MSCI All Country Asia ex Japan Index, which returned 4.90%. More...

  • Currently 4.00/5

Rating: 4.0/5 (1 vote)

Matthews Pacific Tiger Fourth Quarter 2014 Commentary
For the year ending December 31, 2014, the Matthews Pacific Tiger Fund (Trades, Portfolio) returned 11.79% (Investor Class), outperforming its benchmark, the MSCI All Country Asia ex Japan Index, which returned 5.11%. For the fourth quarter of the year, performance fell by -1.19% (Investor Class) versus a 0.17% increase by the Index. More...

YUM! BRANDS, MATTHEWS PACIFIC TIGER, FOURTH QUARTER COMMENTARY


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Matthews Pacific Tiger Fund Comments on Megastudy
Separately, there were some positions that were eliminated from the portfolio, one of them being Megastudy (XKRX:072870), a provider of education services in South Korea. Although we appreciated management’s efforts to enhance shareholder value, the continuous changes in the regulatory environment eventually had the effect of impairing the company’s business model. More...

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Matthews Pacific Tiger Fund Comments on Yum Brands Inc
One of the newer additions is Yum! Brands (YUM), which is continuing to solidify its position as a premier-eating destination for Chinese consumers. The recent setbacks at Yum! Brands around food quality are an opportunity for the management team to establish better controls, and distinguish their offerings from the competition. More...

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Matthews Pacific Tiger Fund Comments on Cheil Worldwide
One of the worst performing stocks for the portfolio was Cheil Worldwide (XKRX:030000), a Korean advertising agency. Weaker handset sales from Cheil’s major client, Samsung Electronics led to decreased advertising revenues. This, along with a tough economic environment in Europe, offset the company’s progress in China. We are taking advantage of the sell-off by increasing the allocation, as the opportunity to help companies with their branding initiatives in China can become meaningful in a few years’ time. More...

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Matthews Pacific Tiger Fund Comments on AmorePacific Corp
For example, the Korean beauty products company, Amorepacific’s (XKRX:090430), continuing traction with consumers in China became much more evident during the course of 2014, as some of their prior marketing initiatives began to translate into market share gains for their skin care products. More...

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Matthews Pacific Tiger Fund Q4 2014 Commentary
For the year ending December 31, 2014, the Matthews Pacific Tiger Fund (Trades, Portfolio) returned 11.79% (Investor Class), outperforming its benchmark, the MSCI All Country Asia ex Japan Index, which returned 5.11%. For the fourth quarter of the year, performance fell by -1.19% (Investor Class) versus a 0.17% increase by the Index. More...

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Matthews Pacific Tiger Fund Purchases Yum! Brands During Q4 Matthews Pacific Tiger Fund,Lee Ainslie,Ray Dalio, - Matthews Pacific Tiger Fund Purchases Yum! Brands During Q4
The Matthews Pacific Tiger Fund (Trades, Portfolio) invests at least 80% of its total assets in the Asia region except Japan. As of Dec. 31, the fund had $8.1 billion in assets under management. More...

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Matthews Asia Insight - 'Asia's Deepening Capital Markets'
November 2014 More...

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Matthews Pacific Tiger Fund Purchases Alibaba, MegaStudy in Q3 2014 Matthews Pacific Tiger Fund,Matthews China Fund,Ya - Matthews Pacific Tiger Fund Purchases Alibaba, MegaStudy In Q3 2014
The Matthews Pacific Tiger Fund (Trades, Portfolio) was formed in April 2010 and currently has more than $378 million in assets under management. Its geographic focus includes all developed and emerging markets in Asia, excluding Japan, to which Matthews Pacific devotes a separate fund. More...

MATTHEWS PACIFIC TIGER FUND, ASIA, CHINA, SOUTH KOREA, ALIBABA


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Matthews Pacific Tiger Fund Comments on AmorePacific Corp
South Korean holdings were the biggest driver of relative performance, led by Amorepacific (XKRX:090430), as investors continue to focus on the company’s potential growth opportunities in China. More...

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