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
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Matthews China Dividend Fund


Inception Date

November 30, 2009

Fund Assets

$129.88 millionĀ (6/30/2014)

Symbol

MCDFX

CUSIP

577-125-305

Benchmark

MSCI China Index

Geographic Focus

China
China includes its administrative and other districts, such as Hong Kong


Investment Objective

Total return with an emphasis on providing current income.

Strategy

Under normal market conditions, the Matthews China 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 China. 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 Chinese equity markets over the long term.

Distributions

The Matthews China Dividend Fund intends to distribute its dividends semi-annually. June 2014 distributions were paid on June 19, 2014 to shareholders of record as of June 18, 2014. Distribution information is now available.

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 markets involves different and greater risks, as these countries are substantially smaller, less liquid and more volatile than securities markets in more developed markets. In addition, investments in a single-country fund, which is considered a non-diversified fund, may be subject to a higher degree of market risk than diversified funds because of concentration in a specific country.
 
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 Manager

Yu Zhang, CFA

Co-Manager

Sherwood Zhang, CFA

Fees & Expenses

Gross Expense Ratio1

1.24%

Portfolio Turnover 2

20.52%

Yield

As of 6/30/2014


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.