Overview
Matthews Asian Growth and Income Fund
Inception Date: 9/12/94
Geographic Focus: Asian countries: China, Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam.
Benchmarks: MSCI All Country Asia ex-Japan Index,
MSCI All Country Far East ex-Japan Index
Fund Assets: $1.5 billion (as of 5/31/09)
Symbol: MACSX
CUSIP: 577-130-206
Investment Objective
Long-term capital appreciation. The Fund also seeks to provide some current income.
Strategy
Under normal market conditions, the Fund invests
at least 80% of its total net assets in dividend-paying equity securities
and the convertible securities, of any duration or quality, of companies
located in Asia, which includes China, Hong Kong, India, Indonesia,
Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan,
Thailand and Vietnam.
Distributions
The Matthews Asian Growth and Income Fund intends to distribute its dividends semi-annually. Semi-annual dividend distributions will be paid on June 25, 2009 to shareholders of record as of June 24, 2009. Second quarter distribution
estimates are now available.
Portfolio Managers
Lead Manager:
Andrew T. Foster
Co-Manager:
Robert J. Horrocks, PhD
Fees and Expenses
Gross Expense Ratio:
Fiscal Year 2008: 1.16%1
Portfolio Turnover:
Fiscal Year 2008: 25.16%2
1 Matthews Asia Funds does not charge 12b-1 fees.
2 The lesser of fiscal year 2008 long-term purchase costs or sales proceeds divided by the average monthly market value of long-term securities.
Risks of Investment
Learn about the principal risks of investing in the Funds as well as the regional and country risks.