Global Investing

CONSIDER ADDING SOME DIRECT CHINESE EXPOSURE

CONSIDER ADDING SOME DIRECT CHINESE EXPOSURE TO YOUR PORTFOLIO THROUGH AN ACTIVELY MANAGED CHINA FUND

Combined Chinese Stock Markets Second Largest in World

China’s A-share market:

• Chinese mainland-based companies trading on the Shanghai and Shenzhen exchanges
• Gradually opening up to foreign investors

More A-shares being included in major indexes including MSCI Emerging Markets indexes

Morningstar’s Gold and Silver Medalist China Region Funds

• Matthews China Investor MCHFX – Gold
• Matthews China Dividend Investor MCDFX – Silver
• Matthews China Small Companies MCSMX – Silver

Watch the related WEALTHTRACK episode.

CONSIDER ADDING SOME INTERNATIONAL VALUE STOCKS TO YOUR PORTFOLIO

CONSIDER ADDING SOME INTERNATIONAL VALUE STOCKS TO YOUR PORTFOLIO

• DECADE OF OUTPERFORMANCE BY U.S. GROWTH STOCKS
• TIME TO TAKE SOME PROFITS
• REBALANCE INTO ONE OF MOST OUT OF FAVOR INVESTMENT AREAS
• INTERNATIONAL VALUE QUALIFIES

Watch the related WEALTHTRACK episode.

GIVE YOUR PORTFOLIO A NON-CONSENSUS INVESTING REVIEW

GIVE YOUR PORTFOLIO A NON-CONSENSUS INVESTING REVIEW

• Where Most Vulnerable To Declines: Highest Risk Areas = Most Appreciation With Lagging Fundamentals
• Appreciation Vs. Fundamentals (2019 Performance)
  S&P 500 +29% capital appreciation
  S&P 500 +2% earnings per share

Watch the related WEALTHTRACK episode.

DON’T CHASE PERFORMANCE

DON’T CHASE PERFORMANCE

Studies show:

• Individual investors underperform funds they invest in
• They buy into funds after periods of exceptional performance (buy high)
• They sell funds after periods of underperformance (sell low)

Watch the related WEALTHTRACK episode.

STICK WITH PUBLICLY TRADED SECURITIES

STICK WITH PUBLICLY TRADED SECURITIES

Signs of Private Equity Trouble

An explosion in the number of private equity firms:

• 106% increase in PE-backed companies in the decade ending 2017
• Net asset value of PE holdings up sevenfold since 2002

Watch the related WEALTHTRACK episode.