Matthews Asia Strategic Income Fund



Inception Date

30 November 2011

Fund Assets

$113.37 million  (8/31/2019)

Symbol

MAINX

CUSIP

577-125-503

Benchmark

Markit iBoxx Asian Local Bond 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

Seeks total return over the long term with an emphasis on income.

Strategy

Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in income-producing securities including, but not limited to, dividend paying equity securities, and debt and debt-related instruments issued by governments, quasi-governmental entities, supra-national institutions, and companies in Asia. Investments may be denominated in any currency, and may represent any part of a company’s capital structure from debt to equity or with features of both.

Distributions

The Matthews Asia Strategic Income Fund intends to distribute its income quarterly. Third quarter 2019 distributions should be paid on September 17, 2019 to shareholders of record as of September 16, 2019. Third quarter 2019 distribution estimates are 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. Fixed income investments are subject to additional risks, including, but not limited to, interest rate, credit and inflation risks. 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.
 
The risks associated with investing in the Fund can be found in the prospectus.

Portfolio Managers

Lead Manager

Teresa Kong, CFA

Co-Manager

Satya Patel
Wei Zhang

Fees & Expenses

Gross Expense Ratio

1.15%

Portfolio Turnover 1

82.32%

Yield

6/30/2019 As of 06/30/2019


As of May 1, 2016, the HSBC Asian Local Bond Index became the Markit iBoxx Asian Local Bond Index.

1The lesser of fiscal year 2018 long-term purchase costs or sales proceeds divided by the average monthly market value of long term securities.