Overview

Investment Objective

Long-term capital appreciation

Strategy

Under normal market conditions, the Fund invests at least 80% of its total net assets in the common and preferred stocks of companies located in the Asia Pacific region. The Fund may also invest in the convertible securities, of any duration or quality, of Asia Pacific companies. The Asia Pacific region includes Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam.

Portfolio Managers

Lead Manager:
Taizo Ishida

Co-Manager:
Sharat Shroff, CFA

Fees and Expenses

Gross Expense Ratio¹: 1.20%
Fiscal Year 2007 (ended 12/31/07)

¹ Ratio has been restated to reflect current management and administrative and shareholder servicing fees expected to be incurred by the Funds and paid to the Advisor. Matthews Asian Funds do not charge 12b-1 fees.

Portfolio Turnover¹
Fiscal Year 2007 (ended 12/31/07): 40.49%

¹ The lesser of fiscal year 2007 long-term purchase costs or sales proceeds divided by the average monthly market value of long-term securities.