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"...The transfer of assets to the Matthews Japan Fund is expected to occur later this year. At that time The Japan Fund shareholders will become shareholders of the Matthews Japan Fund and The Japan Fund will be dissolved..."
For anyone holding MJFOX right now, is this GOOD news? Or.....?
Looks like @ $160MM in assets will be going over to MJFOX. That's about 1/3 of MJFOX's current size. I assume there is overlap between the funds, so turnover might be limited.
Kind of meh from a Matthews' investor point of view, but great news for those who hold Namura's turkey with its 1.85% ER and 5.75% front load.
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Kind of meh from a Matthews' investor point of view, but great news for those who hold Namura's turkey with its 1.85% ER and 5.75% front load.