MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, January 7, 2011 Matthews Closes a $4 Billion Fund to New Investors Effective today, the Matthews Asian Growth and Income Fund will be closed to most new investorsbut will continue to accept investments from existing shareholders. According to a regulatory filing Matthews International Capital Management [see profile] is limiting its sales to new investors because because its believes that "continued unlimited sales may adversely affect the Fund’s ability to achieve its investment objective". The fund managed some $4 billion as of the end of December 2010. Printed from: MFWire.com/story.asp?s=35612 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |