Matthews Asian Growth and Income Fund


Top 10 Holdings as of 5/31/2019

Security Sector Country % Net Assets
Taiwan Semiconductor Manufacturing Co., Ltd. Information Technology Taiwan 3.6
AIA Group, Ltd. Financials China/Hong Kong 3.5
Tencent Holdings, Ltd. Communication Services China/Hong Kong 2.6
Samsung Electronics Co., Ltd. Information Technology South Korea 2.3
Housing Development Finance Corp., Ltd. Financials India 2.3
Macquarie Korea Infrastructure Fund Financials South Korea 2.1
Singapore Telecommunications, Ltd. Communication Services Singapore 1.9
United Overseas Bank, Ltd. Financials Singapore 1.9
Advantech Co., Ltd. Information Technology Taiwan 1.9
LG Household & Health Care, Ltd., Pfd. Consumer Staples South Korea 1.8
Total 23.9
Top 10 holdings may combine more than one security from the same issuer and related depositary receipts.
Source: BNY Mellon Investment Servicing (US) Inc.

Portfolio Breakdown (%) as of 3/31/2019

  Fund MSCI All Country Asia ex Japan IndexDifference
Financials 19.7 23.8 -4.1
Consumer Discretionary 17.1 13.3 3.8
Information Technology 13.5 16.6 -3.1
Consumer Staples 12.9 4.9 8.0
Industrials 10.6 6.8 3.8
Communication Services 10.4 12.7 -2.3
Real Estate 6.7 6.7 0.0
Materials 2.7 4.6 -1.9
Health Care 2.5 2.8 -0.3
Utilities 1.4 3.3 -1.9
Energy 0.0 4.7 -4.7
Cash and Other Assets, Less Liabilities 2.3 0.0 2.3
  Fund MSCI All Country Asia ex Japan IndexDifference
China/Hong Kong 38.6 49.4 -10.8
South Korea 12.5 14.7 -2.2
Singapore 11.0 3.8 7.2
Taiwan 7.3 12.8 -5.5
Australia 5.0 0.0 5.0
Thailand 4.2 2.7 1.5
United States 3.7 0.0 3.7
India 3.0 10.4 -7.4
France 2.8 0.0 2.8
Japan 2.4 0.0 2.4
Indonesia 1.8 2.5 -0.7
United Kingdom 1.7 0.0 1.7
Vietnam 1.4 0.0 1.4
Philippines 1.3 1.2 0.1
Malaysia 1.0 2.5 -1.5
Cash and Other Assets, Less Liabilities 2.3 0.0 2.3
Not all countries are included in the benchmark index.
  Fund MSCI All Country Asia ex Japan Index Difference
Mega Cap (over $25B) 48.9 54.8 -5.9
Large Cap ($10B-$25B) 19.9 23.4 -3.5
Mid Cap ($3B-$10B) 19.3 18.6 0.7
Small Cap (under $3B) 9.6 3.3 6.3
Cash and Other Assets, Less Liabilities 2.3 0.0 2.3
Equity market cap of issuer.
  Fund
Common Equities and ADRs 80.4
Convertible Bonds 15.2
Preferred Equities 2.0
Cash and Other Assets, Less Liabilities 2.3
Source: FactSet Research Systems.

Portfolio Characteristics as of 3/31/2019

Number of Securities1

62

Weighted Average
Market Cap

$56.4 billion

1Source: BNY Mellon Investment Servicing (US) Inc.
Source: FactSet Research Systems unless otherwise noted. Sector data (excluding Government Bonds) based on MSCI’s revised Global Industry Classification Standards. For more details, visit www.msci.com.

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

Percentage values in data are rounded to the nearest tenth of one percent, so the values may not sum to 100% due to rounding.  Percentage values may be derived from different data sources and may not be consistent with other Fund literature. 

The P/E Ratio is the share price of a stock as of the report date, divided by the forecasted earnings per share for a 12-month period (FY1) and 24 month period (FY2). For the Fund, this is the weighted harmonic average estimated P/E ratio of all the underlying stocks in the Fund, excluding negative earners. There is no guarantee that the composition of the Fund will remain unchanged, or that forecasted earnings of a stock will be realized. Information provided is for illustrative purposes only.

Index Definitions

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