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AMD - Matthews Pacific Tiger Active ETF: Avoid This Endangered Species
Advanced Micro Devices Inc.
2024-06-10 14:12:20 ET
Summary
We initiate coverage on Matthews Pacific Tiger Active ETF (ASIA) with a Sell rating.
Our concerns about the fund include its high investment team turnover, significant exposure to China, and poor long-term absolute and relative performance.
In light of these concerns, we're hard-pressed to find a reason for performance to improve.
We are initiating coverage of the Matthews Pacific Tiger Active ETF ( ASIA ) with a Sell rating....