Matthews Asia
  • Contact Us  |  Careers  |  Change Site:
  • Submit

Matthews Asia Dividend Fund


Inception Date

October 31, 2006

Fund Assets

$6.31 billionĀ (8/31/2017)

Symbol

MAPIX

CUSIP

577-125-107

Benchmark

MSCI All Country Asia Pacific 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

Total return with an emphasis on providing current income.

Strategy

Under normal market conditions, the Matthews Asia Dividend 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 equity securities of companies located in Asia. 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 Asian equity markets over the long term.

Distributions

The Matthews Asia Dividend Fund intends to distribute its dividends quarterly. Third quarter 2017 distributions should be paid on September 19, 2017 to shareholders of record as of September 18, 2017. Third quarter 2017 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. 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.

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 Managers

Yu Zhang, CFA
Robert J. Horrocks, PhD

Co-Manager

Vivek Tanneeru

Fees & Expenses

Gross Expense Ratio1

1.06%

Portfolio Turnover 2

39.76%

Yield

As of 6/30/2017


1 Matthews Asia Funds' 12b-1 Plan (the “Plan”) is inactive. Although the Plan currently is not active, it is reviewed by the Board annually in case the Board decides to re-activate the Plan. The Plan would not be re-activated without prior notice to shareholders. If the Plan were reactivated, the fee would be up to 0.25% for each of the Investor Class and Institutional Class, respectively.        
2 The lesser of fiscal year 2016 long-term purchase costs or sales proceeds divided by the average monthly market value of long-term securities.