At Matthews, we believe in the long-term growth of Asia. Since 1991, we have focused our efforts and expertise within the region, investing through a variety of market environments. As an independent, privately owned firm, Matthews is the largest dedicated Asia-only investment specialist in the United States.
Matthews Asia
  • Contact Us  |  Careers  |  Change Country:
  • Submit

Matthews Asia Small Companies Fund


Inception Date

September 15, 2008

Fund Assets

$630.92 million (10/31/2014)

Symbol

MSMLX

CUSIP

577-125-206

Benchmark

MSCI All Country Asia ex Japan Small Cap Index

Geographic Focus

Asia ex Japan
Consists of all countries and markets in Asia, including developed, emerging, and frontier countries and markets in the Asian region, excluding Japan


Investment Objective

Long-term capital appreciation

Strategy

Under normal market conditions, the Matthews Asia Small Companies Fund seeks to achieve its investment objective by investing at least 80% of its total assets, which include borrowings for investment purposes, in the common and preferred stocks of Small Companies located in Asia Ex Japan. The Fund seeks to invest in smaller companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

Risks

Investments in Asian securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Investing in emerging and frontier markets involves different and greater risks, as these countries are substantially smaller, less liquid and more volatile than securities markets in more developed markets. The Fund is non-diversified as it concentrates its investments in small sized companies. 

Investing in small- and mid-size companies is more risky and volatile than investing in large companies as they may be more volatile and less liquid than larger companies.

These and other risks associated with investing in the Fund can be found in the  prospectus.

Portfolio Managers

Lead Manager

Lydia So, CFA

Co-Manager

Kenichi Amaki
Beini Zhou, CFA

Fees & Expenses

Gross Expense Ratio1

1.47%

Portfolio Turnover 2

37.01%



1 Matthews Asia Funds does not charge 12b-1 fees.
2 The lesser of fiscal year 2013 long-term purchase costs or sales proceeds divided by the average monthly market value of long-term securities.