Long-term capital appreciation.
Under normal market conditions, the Matthews Asia Value Fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in common stock, preferred stock and other equity securities, and convertible securities of companies located in Asia. The Fund seeks to create an investable universe of value companies that it believes trade at market values with discounts to their
intrinsic value, have strong financial and market positions, have strong management and are oriented to creating value for their
shareholders. Matthews assesses companies within this universe according to each of these factors.
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. Value investing involves the risk that an
investment made in undervalued securities may not appreciate in value as
anticipated or remain undervalued for long periods of time. These and other risks associated with investing in the Fund can be found in the prospectus