The only new thing even remotely in the crosshairs here is Artisan Global Small Cap, ARTWX, whenever they decide to open it; an Artisan rep said today they still have no official word on when that'll be. I'll want to see how it's positioned before investing, but will prob'ly put in a starter position. Otherwise, putting new $ into SFGIX, MACSX, and MAPIX a trickle at a time, as has been the case for a while.

I'm seriously conflicted.
At one point I held MACSX and MAPIX, then dropped MAPIX for SFGIX. I have a long term position in MAPTX. I am also in GPGOX. And...happy as a clam with all of them and my decisions.
With Matthews and Grandeur Peak introducing new offerings, I am thinking I should just observe. I really see no reason to jump in.
It appears that EM is no longer cutting edge enough...are frontier markets the new EM?

On SFGIX, Andrew F. has already branched out considerably from Asia. He's got 65% in Asia now, versus the index funds VWO at 61% and EEM at 62%. So he's only somewhat overweight Asia (and underweight Latin America & Africa, overweight emerging Europe). He's made the transition to a true EM fund much faster than I expected.

Mona,
Some of us, including David, sold MACSX and bought MAINX and MAPIX (bought, if already not there in our portfolios). In my case, I replaced MACSX with MAINX (I already had MAPIX) and adjusting the stock/bond exposure appropriately using these two funds (MAPIX and MAINX). In addition, I bought SFGIX (kinda true replacement for MACSX in my portfolio) as I liked the idea of investing MACSX style in the entire EM area. At this point, SFGIX is mostly into Asia but manager is planning to make it a true EM Growth and Income fund as opportunities open up elsewhere. I hope it would also replicate stellar perfomrance of MACSX.

OAKIX is concentrated in Europe, but Tweedy is, too--- and with much less risk. I used to own Tweedy. It stalled, but over the long run has proven to be wonderful. In fact, the risk/return profile could not be any better, according to Morningstar. ...M* has quit being prompt with info on a daily basis, but that sort of ranking is just stellar. Tweedy is granted 5 stars and a silver decoration. ...OAKIX is 5 stars and GOLD, but the risk is quite a bit higher. ...I must recommend EM, too, along with BobC. and I echo the votes in favor of MAPIX and MACSX. I own both. Very happy with performance. I've been in MACSX since '03, when I started investing. Otherwise, take a look at SFGIX, piloted by A. Foster--- who used to be at the helm in one or two Matthews funds. It does not yet have much of a history.
MAPIX = 35.64% of my holdings. MACSX = 2.61% and SFGIX = 2.72%.

Reply to @Investor:
Looking at some other profiled funds:
COBYX -0.73%
SFGIX -1.63%
MAPIX -1.46%
MACSX -1.08%
MAINX -0.18%
APPLX -2.87%
Long/Short or Hedged equity style investing funds:
ARLSX -1.54%
RLSFX -1.61%
WBLSX +0.10%
MFLDX -1.91%
FMLSX -2.52%
BPLSX -0.28%
BPRRX -1.17%

Yes, MSCFX was down the most, of the funds I own.
In addition:
MAPOX -1.41%
MAPIX -1.46%
MAINX -0.18%
MACSX -1.08%
SFGIX -1.63%
TRAMX -2.17%
PREMX -0.14%
DLFNX was UP! Just a penny, at +0.09%
.......And at last, the share price is back ABOVE the price where I bought-in, at $11.39 per share!
My full portfolio was down 0.90%. Hurts.

Sold play positions today in stock ETFs VOE, VXF, and VPL; plan to put about 1/3 of that right away into longer-term holding PRFHX (conservative hi-yld muni) & hang onto the rest in cash for at least a bit. First priorities for near-future adds = FMIJX and SFGIX.

Looking at the funds I own, it seems SFGIX owns the most in Europe, and of that, it's mostly or exclusively in Poland---not western "developed" Europe. I am trusting Andrew Foster with it. No one has disagreed with me here, but the silence is a pregnant response to my assertion that Europe is going to need a couple of generations to get their shit back together. Of the countries that went up in flames, Ireland has been most willing to take its sour medicine and live with austerity. Things are improving there, but I dare say it's not much better for the rank-and-file. the "improvements" are statistical. I'd say if yer gonna own Europe in a fund, use TBGVX. It owns the Big Dawgs on that continent which will survive the '08 Crash and ongoing fallout.

HOWEVER, I want to recommend one that's already been mentioned, and another, that's not been mentioned: MAPIX, doing very well. Several years old, now. It's invested in ASIA. There is a fund manager, Andrew Foster, who has branched out on his own, away from Matthews---where he did very well with MACSX. He's started-up SFGIX. It's had a rocky road to deal with lately, but I do believe it will go places. A rather new fund, just started-up in the last year or two. It is more globally invested. But I dunno if you can get it with no transaction fee via Fidelity? It pays dividends twice a year, in June and December. The MAPIX fund pays quarterly. "Break a leg" with all this!

Reply to @Sven: Consider SFGIX. It should pair well with WAEMX. These two are the bulk of EM exposure.

In case it might work for you, these are the dividend paying equity funds I own. Couldn't hurt to research them for yourself: SFGIX, MAPIX, MACSX, MAINX and MAPOX. The BOND funds I own, PREMX and DLFNX, pay MONTHLY.
MAPOX is a "balanced" fund, owning both (domestic) equities and bonds. I do believe right now, it's about 30% bonds. It has performed VERY well for me, given its "mission" as a "moderate" risk balanced fund. I bought-in last year.

Reply to @Charles:
ARTKX is a good fund but I did not recommend it because it is closed for new investors.
ARTGX is the global fund run by the same team that runs ARTKX. Can you include ARTGX in your graphics?
Can you also include FIGFX. Right now it is the best relatively new Intl. fund from Fidelity.
Also ARTRX used to be known as Artisan Growth Opportunities until May 2012. However, in Jan 2011 it started steps to become a global fund by changing its benchmark to global one. Prior to those changes the fund was a predominantly domestic one. So, prior data might not be applicable that much.
SFGIX expense ratio is now 1.4% (after voluntary ER reduction). GPGOX and GPIOX have ER of 1.75% (expense ratio capped)
And finally, why do you compare all these to S&P 500? Can't you choose MSCI All-World ex-USA or something like that.
(Note: updated several times)

Eliminated 2 funds (RWGFX, JATTX), sold down ARIVX down to token. With the funds raised, I have increased allocation to my existing funds GLRBX, YAFFX, AKREX, ARTKX, ARTHX, FMIJX, GPGOX, GPIOX. and finally added SFGIX.
SFGIX now looks more reasonable after expense ratio reduction and the past time established that portfolio manager Andrew Foster can operate well solo without the Matthews Research team.
Right now, I'm about 68% Equity. Despite all that I've done above, it did not change my overall equity allocation (may be plus/minus 1-2%) but slightly increased allocation to my top 4 and international funds I hold.
My top 4 funds remain:
GLRBX 9.52%
YAFFX 8.91%
PONDX 8.72%
AKREX 8.67%
35.82% of the portfolio.

Here's a look at the lifetime stats of the funds recommended so far in this thread. I added a couple others, FPIVX and WGRNX. Note that every fund on list existing before 2008 drew down 50-60% during the financial crisis. So, just beware and allocate accordingly.

Of the younger ones, I like FMIJX and FPIVX for international and SFGIX for EM. David has profiled all three: Intriguing New Funds.

Well, I'm 50/50 stocks/bonds or thereabouts. 58 years old, wife still working. Romneycare in Massachusetts already. We're a step ahead of Obamacare. It's better than nothing by about a half-step. (Health insurance is radically screwed-up, so let's force everyone to buy-in. Sure. Perfect.) I'm pretty happy from day to day with my portfolio's behavior. I'm staying the course. Biggest bets in PREMX and MAPIX. Domestic bonds covered with DLFNX. US domestic equities covered with MAPOX and MSCFX. The latter--- after today's record high--- is up just a hair short of 30% for me since buying-in, in April of 2012. Others: MAINX, TRAMX, SFGIX and MACSX. "Break a leg," if you make any changes.

I will be sticking with my current choices. I own only 9 funds, but have big barbells at each end with PREMX and MAPIX. I let the monthly div. from PREMX and DLFNX just ride, reinvesting it all, including these others, too: I get quarterly divs. from MAINX, MAPIX, MAPOX, and semiannually from MACSX and SFGIX. That leaves TRAMX (just $3,000.00 shifted from PREMX bonds into a tiny speculative move into Middle East equities last year) and MSCFX, which pay once a year in Dec.
I've owned MACSX since 2003. MAPIX since 2009, as I recall. PREMX since 2010. In 2012, I picked up MAINX, SFGIX, TRAMX, MAPOX, MSCFX and DLFNX. As I said above, I am not even tapping into the divs. and cap. gains at all, yet. Normally once per year, we "raid" MACSX, after letting it build-up over the prior 12 months.

A newer fund, the ER is not really LOW, but not exorbitant, either: SFGIX. Foster worked at Matthews before launching this fund of his own.

Top 3: (I hold just 9 funds, total. The lion's share is in tax-sheltered retirement stuff.)
PREMX 40%
MAPIX 35%
MAPOX 3.3%
All the others are at 3% or less: SFGIX, TRAMX, MACSX, MAINX, MSCFX, DLFNX.

Things have been very volatile, very recently. When stocks zoom, bonds suffer, or at least go nowhere. Your PTTRX and DODIX are great choices. But if you want to stay ahead of inflation, you need to own some stocks.
I'm retired (too early,) and will be 59 in the summer. Wife works, and with my too-small pension, we're ok. I'm about 50/50 stocks/bonds. I have no need to draw on the investments yet. They say the 'buy and hold' strategy is dead, but I make changes rarely. My bonds are in DLFNX and PREMX. And I own one "balanced" fund with both equities and bonds: MAPOX. Generally, stocks are more volatile than bonds, but over 5, 6 or 10 years, stocks always win, hands-down. I seriously want to alert you to the fact that to pile all your stuff in just 2 specific funds is quite risky.
I'm extremely happy with two of my newer holdings (bought-in in 2012:) MAPOX and MSCFX, both Mairs and Power funds. My others include SFGIX, MACSX, MAINX, MAPIX, TRAMX. The way things happened was not the way the textbooks would have you do this stuff. I'm "barbelling" PREMX and MAPIX. The other holdings are much smaller in proportion to those two.
"Break a leg."