Richard Gao — Global Citizen and World Traveller
“We are thrilled to have this bull running through China's shops.”
As the lead manager of Matthews China Fund, Richard Gao has travelled back and forth between the United States and China, three to four times each year, since 1997. Richard says he doesn't mind the travel schedule because it gives him a chance to "get back home". He was born in Guangzhou, and his family still lives in China. Richard began his career at the Bank of China in 1989 before travelling to the United States to continue his education. Richard received a B.A. in Literature from Guangdong University, as well as an M.B.A. from the Dominican University of California. He started working at Matthews Funds in 1997 as a China Analyst and has been the portfolio manager of the China Fund since that time.
Richard has managed to use his first hand knowledge of China to generate consistently superior results. Being fluent in Mandarin, Cantonese and Shanghainese provides significant advantages when he is speaking with the local business leaders and government officials. Richard correctly identifed several trends taking place in China, including the growing consumer middle class and their capacity to spend more money on food, housing, technology and transportation. He uses first hand research and direct visits to build a diversified portfolio of China holdings. Under Richard Gao's leadership, the Matthews China Fund has established one of the best track records of any emerging market funds. As one of our selected Stock Money Masters, we are thrilled to have this bull running through China's shops.
The fund we are investing in to gain access to Money Master Richard Gao is:
|Fund Name:||Matthews China Fund|
The investment seeks long-term capital appreciation. The fund normally invests at least 80% of total net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in China. China includes its administrative and other districts, such as Hong Kong.
Click here for the Fund Fact Sheet.
* Notes: The 10-year average return shown for MCHFX is for the 10-year period 01/01/02 - 12/31/11. The average was calculated by adding the results for the 10 consecutive calendar years shown and dividing that result by 10.
The 10-year average return and 10 individual annual performance results are shown with all dividends and gains reinvested and are net of all fund fees. All fund expenses have already been deducted from the percentage results shown.
Source for Calendar year results: Zephyr StyleADVISOR
Past performance is no guarantee of future results. Actual future results will vary.
The Retirement Corporation of America (RCA) is under no obligation to use featured managers or funds and will change managers should they fail to meet our selection criteria.
Information pertaining to RCA's advisory operations, services and fees is set forth in RCA's current disclosure statement (copy available upon request from RCA).