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Average Annual Returns
Name Ticker Price Daily Change YTD 1YR 3YR 5YR 10YR Since Inception Inception Date
(as of 07/17/2024) (as of 06/30/2024)
Asia Growth and Income Growth and income strategies utilize a hybrid investment approach. They generally seek both long-term growth and some income.
MACSX: Matthews Asian Growth and Income Fund MACSX $13.08 -0.20 6.88% 3.88% -5.32% 1.29% 1.82% 7.65% 09/12/1994
MSCI All Country Asia ex Japan Index 13.27% -5.44% 3.84% 4.49% 4.39%
MAPIX: Matthews Asia Dividend Fund MAPIX $14.48 -0.15 6.57% 5.55% -10.17% 0.50% 2.70% 6.13% 10/31/2006
MSCI All Country Asia Pacific Index 13.49% -1.96% 5.17% 4.93% 4.51%
MCDFX: Matthews China Dividend Fund MCDFX $10.74 -0.09 3.19% -9.92% -15.32% -3.39% 3.59% 5.48% 11/30/2009
MSCI China Index -1.43% -17.53% -4.12% 1.56% 1.71%

Effective April 29, 2024, the primary benchmark for the Matthews India Fund changed from the S&P Bombay Stock Exchange 100 Index to the MSCI India Index.

The Matthews Emerging Markets Small Companies Fund primary benchmark index is the MSCI Emerging Markets Index.

The Matthews China Small Companies Fund primary benchmark index is the MSCI China Index.

Assumes reinvestment of all dividends and/or distributions before taxes. All performance quoted represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate with market conditions so that when redeemed, shares may be worth more or less than their original cost. Current performance may be lower or higher than the return figures quoted. Returns would have been lower if certain of the Fund’s fees and expenses had not been waived. 

Year to Date and Since Inception performance with less than one year of history represents actual performance, not annualized.

Additional performance, attribution, liquidity, value at risk (VaR), security classification and holdings information is available on request for certain time periods.

KOSPI performance data may be readjusted periodically by the Korea Exchange due to certain factors, including the declaration of dividends.

Index since inception value calculated from comparative fund's inception date.

Source: BNY Mellon Investment Servicing (US) Inc.

MSCI and MICM are the sources of MSCI India Index and MSCI Korea Index performance data.

Index Definitions

Name Gross Expense Ratio Net Expense Ratio
Asia Growth and Income Growth and income strategies utilize a hybrid investment approach. They generally seek both long-term growth and some income.
1.15%
1.10%
1.17%

All data as of 06/30/2024, except where otherwise noted.

Name Geographic Coverage Net Assets Inception Date Fact Sheet
As of 06/30/2024
Asia Growth and Income Growth and income strategies utilize a hybrid investment approach. They generally seek both long-term growth and some income.
MACSX: Matthews Asian Growth and Income Fund Asia - Consists of all countries and markets in Asia, including developed, emerging, and frontier countries and markets in the Asian region $284.17 million 09/12/1994 Download Fund PDF
MAPIX: Matthews Asia Dividend Fund Asia - Consists of all countries and markets in Asia, including developed, emerging, and frontier countries and markets in the Asian region $700.31 million 10/31/2006 Download Fund PDF
MCDFX: Matthews China Dividend Fund China - China includes its administrative and other districts, such as Hong Kong $98.88 million 11/30/2009 Download Fund PDF

All data as of 06/30/2024, except where otherwise noted.
Morningstar Ratings based on Risk-Adjusted Returns.

Name Category Overall 3YR 5YR 10YR
As of 06/30/2024
Asia Growth and Income Growth and income strategies utilize a hybrid investment approach. They generally seek both long-term growth and some income.
MACSX: Matthews Asian Growth and Income Fund Pacific/Asia ex-Japan Stk 3 out of 47 funds 4 out of 47 funds 3 out of 46 funds 2 out of 35 funds
MAPIX: Matthews Asia Dividend Fund Diversified Pacific/Asia 2 out of 10 funds 2 out of 10 funds 2 out of 10 funds 2 out of 10 funds
MCDFX: Matthews China Dividend Fund China Region 4 out of 94 funds 4 out of 94 funds 3 out of 71 funds 5 out of 51 funds

Matthews Asia ESG Fund has been renamed to the Matthews Emerging Markets Sustainable Future Fund on July 29 2022.

Past performance is no guarantee of future results. High ratings and rankings does not assure favorable performance.

The Overall Morningstar®️ Rating for a fund is derived from a weighted-average of the performance figures associated with its three-, five- and (if applicable) ten-year ratings.

Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Source: Morningstar Inc.

All data as of 06/30/2024, except where otherwise noted.
Lipper Rankings based on Total Return.

Name Category 1YR 3YR 5YR 10YR Since Inception Inception Date
Quartile & Ranking
As of 6/30/2024 12:00:00 AM
Asia Growth and Income Growth and income strategies utilize a hybrid investment approach. They generally seek both long-term growth and some income.
MACSX: Matthews Asian Growth and Income Fund Pacific Ex Japan Funds
3rd 27 out of 8
1st 9 out of 7
3rd 22 out of 7
4th 25 out of 7
1st
1 out of 4
09/12/1994
MAPIX: Matthews Asia Dividend Fund International Equity Income Funds
4th 89 out of 2
4th 99 out of 2
4th 93 out of 2
3rd 42 out of 2
1st
1 out of 21
10/31/2006
MCDFX: Matthews China Dividend Fund China Region Funds
3rd 58 out of 7
2nd 24 out of 6
2nd 27 out of 6
1st 11 out of 5
1st
8 out of 35
11/30/2009

Matthews Asia ESG Fund has been renamed to the Matthews Emerging Markets Sustainable Future Fund on July 29 2022.

Past performance is no guarantee of future results. High ratings and rankings does not assure favorable performance.

Lipper Analytical Services, Inc., rankings are based on total return, including reinvestment of dividends and capital gains for the stated periods. Funds are assigned a rank within a universe of funds similar in investment objective as determined by Lipper. For the absolute rankings shown the lower the number rank, the better the Fund performed compared to other funds in the classification group. Lipper also calculates a quartile ranking which divides the peer group into quartiles to identify funds of similar quality. Funds in the 1st or 2nd quartile had outperformed the average fund in the peer group while funds in the 3rd or 4th quartile had underperformed.

Source: Lipper Analytical Services, Inc., MICM

Record Date Ex, Pay and
Reinvest Date
Ordinary
Income
Short Term
Capital Gains
Long Term
Capital Gains
Total Distributions
Per Share
% of NAV Nondividend Distribution (Return of Capital)
Matthews Asian Growth and Income Fund - (MACSX)
06/25/2024 06/26/2024 $0.34750 $0.00000 $0.00000 $0.34750 2.6% n.a.
12/13/2023 12/14/2023 $0.17871 $0.00000 $0.00000 $0.17871 1.5% n.a.
06/27/2023 06/28/2023 $0.16500 $0.00000 $0.00000 $0.16500 1.3% n.a.
12/13/2022 12/14/2022 $0.13141 $0.00000 $0.41241 $0.54382 4.1% n.a.
06/27/2022 06/28/2022 $0.07829 $0.00000 $0.00000 $0.07829 0.6% n.a.
Matthews Asia Dividend Fund - (MAPIX)
06/25/2024 06/26/2024 $0.02868 $0.00000 $0.00000 $0.02868 0.2% n.a.
03/26/2024 03/27/2024 $0.08641 $0.00000 $0.00000 $0.08641 0.6% n.a.
12/13/2023 12/14/2023 $0.03653 $0.00000 $0.00000 $0.03653 0.3% n.a.
09/26/2023 09/27/2023 $0.06994 $0.00000 $0.00000 $0.06994 0.5% n.a.
03/28/2023 03/29/2023 $0.04705 $0.00000 $0.00000 $0.04705 0.3% n.a.
Matthews China Dividend Fund - (MCDFX)
06/25/2024 06/26/2024 $0.31572 $0.00000 $0.00000 $0.31572 2.8% n.a.
12/13/2023 12/14/2023 $0.10744 $0.00000 $0.00000 $0.10744 1.0% n.a.
06/27/2023 06/28/2023 $0.32906 $0.00000 $0.00000 $0.32906 2.6% n.a.
12/13/2022 12/14/2022 $0.10770 $0.00000 $0.25441 $0.36211 2.5% n.a.
06/27/2022 06/28/2022 $0.41693 $0.00000 $0.00000 $0.41693 2.8% n.a.

Past performance is no guarantee of future results. Investment return and principal value will fluctuate with changing market conditions so that shares, when redeemed, may be worth more or less than their original cost.

There is no guarantee that the Funds will pay or continue to pay distributions.

The Matthews Asia Strategic Income Fund changed its name to the Matthews Asia Total Return Bond Fund on January 31, 2020.

Please note that cash payments for distributions are priced with the Net Asset Value as of Ex, Pay and Reinvest Date and sent via wire/Automated Clearing House (ACH) or check on the following business day.

Institutional Class Shares were first offered on October 29, 2010. Distribution information prior to the inception date applies to investor share class only.

Form 8937: Report of Organizational Actions Affecting Basis of Securities
Fund Year Investor Class Institutional Class
Asia Dividend Fund 2016
Asia Dividend Fund 2014