Message to Matthews Asia Innovators Fund Shareholders

We are pleased to announce that Inbok Song has been named a Co-Manager of the Matthews Asia Innovators Fund. She joins a portfolio management team comprised of Lead Manager Michael Oh, CFA, and Co-Manager Taizo Ishida.

Inbok’s appointment as a Co-Manager formalizes her role and responsibilities on the Fund and deepens her relationship within the Asia Innovators team. Inbok is also a Lead Manager on the Matthews Pacific Tiger Fund and has significant knowledge of Asia markets and deep experience of researching innovative and technology companies that are closely aligned with the Asia Innovators investment universe.

We are very proud of the depth and diversity of the investment team that we have built at Matthews for over  30 years.

Thank you for your investment in the Matthews Asia Funds.

Yours truly,

Cooper Abbott Chief Executive Officer Matthews Asia		Robert Horrocks, PhD Chief Investment Officer Matthews Asia

You should consider the investment objectives, risks, charges and expenses of the Matthews Asia Funds carefully before making an investment decision. A prospectus or a summary 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 markets. 

Investments involve risk, including possible loss of principal. Investments in international, emerging and frontier markets involve risks such as economic, social and political instability, market illiquidity, currency fluctuations, high levels of volatility, and limited regulation, which may adversely affect the value of the Fund's assets. Additionally, investing in emerging and frontier securities involves greater risks than investing in securities of developed markets, as issuers in these countries generally disclose less financial and other information publicly or restrict access to certain information from review by non-domestic authorities. Emerging and frontier markets tend to have less stringent and less uniform accounting, auditing and financial reporting standards, limited regulatory or governmental oversight, and limited investor protection or rights to take action against issuers, resulting in potential material risks to investors. There is no guarantee that the Fund or the companies in its portfolio will pay or continue to pay dividends.