In-Depth Portfolio Manager Review – Q3 2020
Matthews Asia Portfolio Strategist Jeremy Murden and Portfolio Manager Yu Zhang, CFA provide an in-depth review of the Matthews Asia Dividend Fund, including a macroeconomic update on Asia as well as a review of the Fund's performance and its overall portfolio positioning.
The date of this commentary recording was October 19, 2020.
EV= Electric vehicle
P&L = Profit and loss
Amortized cost basis = The amount at which an investment is acquired , adjusted for applicable accrued interest, accretion or amortization of premium, discount, and net deferred fees or costs, collection of cash, writeoffs , foreign exchange, and fair value hedge accounting adjustments.
Dividend payer = May be considered more matured, defensive businesses with recurring cash flow and higher dividend yield on the stock
Dividend grower = May be considered more cyclical businesses with significant growth potential, average or lower-than-average dividend yield, and underlying dividends that may grow significantly over time
There is no guarantee that a Fund or company will pay or continue to increase dividends.