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.
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Matthews Asia Dividend Fund

Effective June 14, 2013, the Matthews Asia Dividend Fund closed to most new investors.


Inception Date

October 31, 2006

Fund Assets

$5.30 billionĀ (10/31/2014)

Symbol

MAPIX

CUSIP

577-125-107

Benchmark

MSCI All Country Asia Pacific Index

Geographic Focus

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


Investment Objective

Total return with an emphasis on providing current income.

Strategy

Under normal market conditions, the Matthews Asia Dividend Fund seeks to achieve its investment objective by investing at least 80% of its total assets, which include borrowings for investment purposes, in dividend-paying equity securities of companies located in Asia. The Fund may also invest in convertible debt and equity securities. The Fund seeks to provide a level of current income that is higher than the yield generally available in Asian equity markets over the long term.

Distributions

The Matthews Asia Dividend Fund intends to distribute its dividends quarterly.

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.

There is no guarantee that the Fund or the companies in its portfolio will pay or continue to pay dividends. 

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

Portfolio Managers

Lead Managers

Yu Zhang, CFA
Robert J. Horrocks, PhD

Co-Manager

Vivek Tanneeru

Fees & Expenses

Gross Expense Ratio1

1.06%

Portfolio Turnover 2

14.06%

Yield

As of 9/30/2014


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.