Mutual Fund Case Study
Mutual Fund Analysis
Case Study
Investor Summary
John and Jane Mooney Working for an investment firm I was recently asked by my boss to help advise two of firm's best clients. The client's names were John and Jane Mooney. Both John and Jane are in their early 40's and have no children. John is a fireman for the local fire department while Jane is a professor at the local community college. The Mooney's annual income is roughly $115,000. The Mooney's own their home and are virtually debt free. The Mooney's have done well saving for retirement so far. The Mooney's have a combined savings portfolio of roughly $250,000. The allocation of their assets is about 60% domestic stocks, and 40% domestic bonds on the advice of their former investment representative. Over the past five years their portfolio value has really decline due to the instability of U.S. markets as well as low rates on their bond holdings. They have shown some strong interest in adding international stocks to their portfolio, particularly in the Pacific except Japanese sector. They feel that they can perhaps add more growth in their portfolio and maybe hedge against the waning U.S. market. Being very busy and unfamiliar with investing, the Mooney's have asked me to help them pick out a fund in that sector that best fits their investment needs.
Matthews Asian Growth & Income
MACSX
Quick Stats
Category Pacific ex-Japan/Value
Fund Manager G. Paul Matthews
Fund Inception September 1994
Net Assets $1,060,000,000
Current NAV $13.59
5-Year Average Return 18.95%
Annual Holdings Turnover 13%
Total Expense Ratio 1.69%
Max 12b1 Fee 0%
Max Front End Sales Load 0%
Max Back End Sales Load 0%
Alpha 17.96
Beta 0.43
Standard Deviation 12.39
Analysis Matthews Asian G&I Fund is considered a value fund that seeks both capital appreciation and current income. Matthews fund is relatively large with a giant $1.06 billion in assets. This has allowed Matthews fund to diversify well throughout the various
Case Study
Investor Summary
John and Jane Mooney Working for an investment firm I was recently asked by my boss to help advise two of firm's best clients. The client's names were John and Jane Mooney. Both John and Jane are in their early 40's and have no children. John is a fireman for the local fire department while Jane is a professor at the local community college. The Mooney's annual income is roughly $115,000. The Mooney's own their home and are virtually debt free. The Mooney's have done well saving for retirement so far. The Mooney's have a combined savings portfolio of roughly $250,000. The allocation of their assets is about 60% domestic stocks, and 40% domestic bonds on the advice of their former investment representative. Over the past five years their portfolio value has really decline due to the instability of U.S. markets as well as low rates on their bond holdings. They have shown some strong interest in adding international stocks to their portfolio, particularly in the Pacific except Japanese sector. They feel that they can perhaps add more growth in their portfolio and maybe hedge against the waning U.S. market. Being very busy and unfamiliar with investing, the Mooney's have asked me to help them pick out a fund in that sector that best fits their investment needs.
Matthews Asian Growth & Income
MACSX
Quick Stats
Category Pacific ex-Japan/Value
Fund Manager G. Paul Matthews
Fund Inception September 1994
Net Assets $1,060,000,000
Current NAV $13.59
5-Year Average Return 18.95%
Annual Holdings Turnover 13%
Total Expense Ratio 1.69%
Max 12b1 Fee 0%
Max Front End Sales Load 0%
Max Back End Sales Load 0%
Alpha 17.96
Beta 0.43
Standard Deviation 12.39
Analysis Matthews Asian G&I Fund is considered a value fund that seeks both capital appreciation and current income. Matthews fund is relatively large with a giant $1.06 billion in assets. This has allowed Matthews fund to diversify well throughout the various