Matthews Japan Fund


Inception Date

December 31, 1998

Fund Assets

$1.87 billion  (2/29/2020)

Symbol

MJFOX

CUSIP

577-130-800

Benchmark

MSCI Japan Index

Geographic Focus

Japan

Investment Objective

Long-term capital appreciation

Strategy

Under normal market conditions, the Matthews Japan Fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Japan. The Fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

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. In addition, investments in a single-country fund, which is considered a non-diversified fund, may be subject to a higher degree of market risk than diversified funds because of concentration in a specific country. These and other risks associated with investing in the Fund can be found in the prospectus.

Portfolio Managers*

Lead Manager

Taizo Ishida

Co-Manager

Shuntaro Takeuchi
*No Hong Kong based Co-Manager for the Matthews Asia Funds will exercise investment discretion for or on behalf of the funds in Hong Kong.

Fees & Expenses

Gross Expense Ratio

0.91%

Portfolio Turnover 1

25.42%


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.