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 Asia that derive greater than 50% of their revenues from the sale of products or services in science- and technology-related industries and services. Asia includes China, Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam.

Portfolio Managers

Lead Manager:
J. Michael Oh

Co-Manager:
Lydia So

Fees and Expenses

Gross Expense Ratio:¹
Fiscal Year 2009: 1.39%

Portfolio Turnover:²
Fiscal Year 2009: 83.27%

¹ Matthews Asia Funds does not charge 12b-1 fees.

² The lesser of fiscal year 2009 long-term purchase costs or sales proceeds divided by the average monthly market value of long-term securities.

* To better reflect its investment strategy, the Fund’s name changed from Matthews Asian Technology Fund to Matthews Asia Science and Technology Fund on April 30, 2010.