In-Depth Portfolio Manager Review – Q3 2021
Portfolio Managers Yu Zhang, CFA and Joyce Li, 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 20, 2021.
FDI = Foreign direct investment
IPO = Initial public offering
EPS = Earnings per share
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.