Matthews Korea Fund

Portfolio Holdings: 12/31/2018

Security Sector Shares Value
Samsung Electronics Co., Ltd., Pfd. Information Technology 324,033 9,258,810
Samsung Fire & Marine Insurance Co., Ltd., Pfd. Financials 41,618 6,476,934
BGF Retail Co., Ltd. Consumer Staples 34,197 6,241,998
LG Household & Health Care, Ltd., Pfd. Consumer Staples 10,360 6,099,909
Hyundai Mobis Co., Ltd. Consumer Discretionary 32,833 5,601,780
NAVER Corp. Communication Services 49,692 5,446,040
Samsung Electronics Co., Ltd. Information Technology 144,009 5,013,201
Lock&Lock Co., Ltd. Materials 256,734 4,767,179
Samsung SDI Co., Ltd. Information Technology 24,121 4,741,174
LG Chem, Ltd., Pfd. Materials 26,548 4,654,859
Shinhan Financial Group Co., Ltd. Financials 130,109 4,613,161
KB Financial Group, Inc. Financials 108,801 4,538,832
Hana Financial Group, Inc. Financials 132,859 4,320,951
Hyundai Motor Co., Ltd., 2nd Pfd. Consumer Discretionary 60,892 4,201,859
DB Insurance Co., Ltd. Financials 66,261 4,173,079
Orion Corp. Consumer Staples 36,400 3,903,796
Hankook Tire Co., Ltd. Consumer Discretionary 103,370 3,715,307
Modetour Network, Inc. Consumer Discretionary 164,766 3,556,323
S-1 Corp. Industrials 39,273 3,528,563
Kiwoom Securities Co., Ltd. Financials 49,791 3,501,968
Shinyoung Securities Co., Ltd. Financials 59,040 3,131,169
Yuhan Corp. Health Care 16,950 3,110,633
Hugel, Inc. Health Care 7,836 2,687,752
Orion Holdings Corp. Consumer Staples 158,884 2,430,283
DongKook Pharmaceutical Co., Ltd. Health Care 46,758 2,426,079
Cuckoo Homesys Co., Ltd. Consumer Discretionary 15,114 2,418,337
Interojo Co., Ltd. Health Care 108,571 2,402,540
E-Mart, Inc. Consumer Staples 14,554 2,376,819
LOTTE Himart Co., Ltd. Consumer Discretionary 54,113 2,267,412
SK Telecom Co., Ltd. ADR Communication Services 76,900 2,060,920
Cafe24 Corp. Information Technology 20,258 1,997,603
Koh Young Technology, Inc. Information Technology 26,481 1,960,470
S-Oil Corp., Pfd. Energy 30,354 1,912,812
SK Innovation Co., Ltd. Energy 11,055 1,774,486
Korea Zinc Co., Ltd. Materials 4,310 1,668,862
Amorepacific Corp., Pfd. Consumer Staples 16,486 1,519,288
POSCO Materials 6,603 1,444,285
Hyundai Motor Co., Ltd., Pfd. Consumer Discretionary 18,115 1,140,277
AMOREPACIFIC Group, Pfd. Consumer Staples 34,619 953,386
S-Oil Corp. Energy 10,594 924,071
Net Cash n.a. 7,493,859


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