Message to Matthews Asia Innovators Fund Shareholders

April 29, 2016

Dear Shareholder,

We would like to inform you that effective April 29, 2016, the Matthews Asia Science and Technology Fund has been renamed the Matthews Asia Innovators Fund to better reflect its investment strategy. The Fund’s objective and tickers remain unchanged. 

Since the Fund’s launch in 1999, the Asian region has continued to grow and has developed significantly, and we have come to see innovation in businesses outside of the traditional science and technology industries. Over time, the portfolio’s composition has, in some respects, come to reflect this change, with companies generating revenue from innovative services and products beyond the science and technology sectors represented in the portfolio. 

We have always believed that companies that can demonstrate innovation are integral to this strategy, particularly given the types of businesses that we find within the science and technology sectors. Therefore, given the Fund now has a broader investment strategy that better reflects Asia’s growing and more innovative economy, we believe the name of the Fund now appropriately reflects its broader investment strategy. 

If you have any questions regarding the Matthews Asia Innovators Fund’s name change, please contact us at 800-789-ASIA (2742). Thank you for your continued investment in the Matthews Asia Funds. We appreciate the opportunity to serve you. 

Best Regards, 

Robert Horrocks, PhD
Chief Investment Officer 
  Michael J. Oh
Lead Manager, Matthews Asia Innovators Fund

As a Fund that invests in science and technology companies, the Fund is subject to risks associated with these sectors such as worldwide developments and global demand cycles.