Is Matthews Japan Fund (MJFOX) a Strong Mutual Fund Pick Right Now?
Nasdaq If you're looking for a Mutual Fund Equity Report fund category, then a potential option is Matthews Japan Fund (MJFOX). MJFOX bears a Zacks Mutual Fund Rank of 3 (Hold), which is based on various forecasting factors like size, cost, and past performance.
History of Fund/Manager
Matthews Asia is based in San Francisco, CA, and is the manager of MJFOX. Matthews Japan Fund debuted in December of 1998. Since then, MJFOX has accumulated assets of about $208.33 million, according to the most recently available information. Taizo Ishida is the fund's current manager and has held that role since September of 2006.
Performance
Obviously, what investors are looking for in these funds is strong performance relative to their peers. This fund has delivered a 5-year annualized total return of -0.39%, and is in the bottom third among its category peers. If you're interested in shorter time frames, do not dismiss looking at the fund's 3-year annualized total return of 2.86%, which places it in the middle third during this time-frame.
