Hi Chella, The concern over Tenncent should be eliminated as of July. However I am not 100% whether it was sold out of the Global fund but I attended an update on the high conviction fund a week or 2 ago and they said they sold out of Tenncent and bought Amazon into the portfolio in July. I would suggest this would be done across the portfolios?? But even a better move doing this more recently as the Chinese government is putting a ban on kids gaming hours. Tenncent was highly exposed to the gaming market. In hindsight dropping Tenncent is an even better move now. So definitely not in the high conviction portfolio but unsure of the global fund. Hope that helps your fears.
MFG Price at posting:
$39.47 Sentiment: Buy Disclosure: Held
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