Matthews Asian Growth and Income Fund
September 12, 1994
BenchmarkMSCI All Country Asia ex Japan Index
Consists of all countries and markets in Asia, including developed, emerging, and frontier countries and markets in the Asian region
Long-term capital appreciation with some current income.
Under normal market conditions, the Matthews Asian Growth and Income Fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in dividend-paying common stock, preferred stock and other equity securities, and convertible securities as well as fixed-income securities, of any duration or quality, of companies located in Asia. The Fund attempts to offer investors a relatively stable means of participating in a portion of the Asian region’s growth prospects, while providing some downside protection, in comparison to a portfolio that invests purely in common stocks. The strategy of owning convertible bonds and dividend-paying equities is designed to help the Fund to meet its investment objective while helping to reduce the volatility of its portfolio.
The Matthews Asian Growth and Income Fund intends to distribute its dividends semi-annually. Year end 2019 distributions were paid on December 17, 2019 to shareholders of record as of December 16, 2019. Year end distribution information is now available.
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 risks associated with investing in the Fund can be found in the prospectus.
Fees & Expenses
Gross Expense Ratio
Portfolio Turnover 121.89%
1 The lesser of fiscal year 2019 long-term purchase costs or sales proceeds divided by the average monthly market value of long-term securities.