Matthews Asia ESG Fund

Portfolio Holdings: 6/30/2018

Security Country Sector Shares Value
Samsung SDI Co., Ltd., Pfd. South Korea Information Technology 14,921 1,242,786
Wuxi Biologics Cayman, Inc. China/Hong Kong Health Care 70,000 776,520
Inner Mongolia Yili Industrial Group Co., Ltd. A Shares China/Hong Kong Consumer Staples 169,900 712,149
PT Bank Rakyat Indonesia Persero Indonesia Financials 3,204,800 633,880
BRAC Bank, Ltd. Bangladesh Financials 744,177 633,077
Shriram City Union Finance, Ltd. India Financials 21,203 626,563
Mahindra & Mahindra, Ltd. India Consumer Discretionary 46,002 602,869
Taiwan Semiconductor Manufacturing Co., Ltd. Taiwan Information Technology 84,000 596,491
Tsukui Corp. Japan Health Care 57,600 519,520
Fuji Seal International, Inc. Japan Materials 14,600 517,214
Lupin, Ltd. India Health Care 37,959 500,864
Hanon Systems South Korea Consumer Discretionary 51,990 494,543
Total Access Communication Public Co., Ltd. NVDR Thailand Telecom Services 420,500 465,681
HKBN, Ltd. China/Hong Kong Telecom Services 301,000 463,014
CSPC Pharmaceutical Group, Ltd. China/Hong Kong Health Care 144,000 432,403
Daikin Industries, Ltd. Japan Industrials 3,400 406,345
MTR Corp., Ltd. China/Hong Kong Industrials 73,500 405,988
Sohgo Security Services Co., Ltd. Japan Industrials 8,500 399,905
KT Skylife Co., Ltd. South Korea Consumer Discretionary 30,609 376,124
Nam Long Investment Corp. Vietnam Real Estate 307,424 372,798
Puregold Price Club, Inc. Philippines Consumer Staples 425,430 371,409
Bharat Financial Inclusion, Ltd. India Financials 21,869 369,791
Sitronix Technology Corp. Taiwan Information Technology 85,000 327,099
China Conch Venture Holdings, Ltd. China/Hong Kong Industrials 86,500 315,702
Zhen Ding Technology Holding, Ltd. Taiwan Information Technology 138,000 304,652
Square Pharmaceuticals, Ltd. Bangladesh Health Care 86,843 304,124
SATS, Ltd. Singapore Industrials 83,000 304,025
IndusInd Bank, Ltd. India Financials 10,492 296,165
TeamLease Services, Ltd. India Industrials 6,831 295,416
Ipca Laboratories, Ltd. India Health Care 27,668 282,416
Delfi, Ltd. Singapore Consumer Staples 299,500 275,582
Ain Holdings, Inc. Japan Consumer Staples 3,700 272,704
Koa Corp. Japan Information Technology 10,800 270,427
Sosei Group Corp. Japan Health Care 16,400 263,489
iMarketKorea, Inc. South Korea Industrials 42,295 262,041
LITALICO, Inc. Japan Consumer Discretionary 13,900 252,537
Haier Electronics Group Co., Ltd. China/Hong Kong Consumer Discretionary 74,000 252,467
GrameenPhone, Ltd. Bangladesh Telecom Services 53,986 251,347
Power Grid Corp. of India, Ltd. India Utilities 90,859 247,898
AIA Group, Ltd. China/Hong Kong Financials 26,400 229,981
Abbott Laboratories Pakistan, Ltd. Pakistan Health Care 40,700 229,555
Han's Laser Technology Industry Group Co., Ltd. A Shares China/Hong Kong Industrials 27,700 221,370
Contemporary Amperex Technology Co., Ltd. A Shares China/Hong Kong Industrials 20,200 219,400
Syngene International, Ltd. India Health Care 24,473 217,953
DGB Financial Group, Inc. South Korea Financials 22,915 210,751
Sporton International, Inc. Taiwan Industrials 43,429 210,607
PT Arwana Citramulia Indonesia Industrials 8,739,500 206,138
Hong Kong Exchanges & Clearing, Ltd. China/Hong Kong Financials 6,800 203,507
Guangdong Investment, Ltd. China/Hong Kong Utilities 128,000 202,577
Tehmag Foods Corp. Taiwan Consumer Staples 29,100 199,316
Merry Electronics Co., Ltd. Taiwan Information Technology 45,000 195,444
Merida Industry Co., Ltd. Taiwan Consumer Discretionary 39,000 194,885
Bunka Shutter Co., Ltd. Japan Industrials 22,500 190,680
Raffles Medical Group, Ltd. Singapore Health Care 255,800 189,341
L'Occitane International SA Luxembourg Consumer Discretionary 110,250 181,839
Koito Manufacturing Co., Ltd. Japan Consumer Discretionary 2,600 171,738
Samjin Pharmaceutical Co., Ltd. South Korea Health Care 4,243 171,647
Kasikornbank Public Co., Ltd. NVDR Thailand Financials 28,100 164,394
Hoya Corp. Japan Health Care 2,300 130,477
PT BFI Finance Indonesia Indonesia Financials 2,528,100 119,966
Bank Alfalah, Ltd. Pakistan Financials 276,500 119,046
Beijing Urban Construction Design & Development Group Co., Ltd. H Shares China/Hong Kong Industrials 231,000 103,478
Net Cash n.a. 41,745


The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or a recommendation to buy or sell securities or other investments.

Portfolio holdings are subject to change without notice and may not represent current or future portfolio composition.

Unlike the Fund’s regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it differs from that in the complete statement of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete statement of investments provided in the first and third quarter SEC Form N-Q filings for each fiscal year.

You should carefully consider the investment objectives, risks, charges and expenses of the Matthews Asia Funds before making an investment decision. A prospectus with this and other information about the Funds may be obtained by visiting matthewsasia.com. Please read the prospectus carefully before investing as it explains the risks associated with investing in international and emerging markets. 

Matthews Asia Funds are distributed in the United States by Foreside Funds Distributors LLC
Matthews Asia Funds are distributed in Latin America by HMC Partners