Performance & Rankings

Fund Performance through June 30, 2010

				(Avg. Annual Total Returns as of 06/30/2010)
								Incept:
	Jun '10	3 Month	YTD	1 Year	3 Year	5 Year	10 Year	11/30/09^
China Dividend (MCDFX)	4.23%	-1.06%	1.56%	n/a	n/a	n/a	n/a	3.39%
MSCI China Index*	1.27%	-4.48%	-5.98%	n/a	n/a	n/a	n/a	-5.55%

^Actual return, not annualized.

All performance is in US$ with gross dividends reinvested.

Assumes reinvestment of all dividends and/or distributions before taxes. All performance quoted represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate with market conditions so that when redeemed, shares may be worth more or less than their original cost. Current performance may be lower or higher than the return figures quoted. Returns would have been lower if certain of the Fund’s fees and expenses had not been waived.

Additional performance, attribution, security classification and holdings information is available on request for certain time periods.

* The MSCI China Index is a free float-adjusted market capitalization-weighted index of Chinese equities that includes China-affiliated corporations and H shares listed on the Hong Kong exchange, and B shares listed on the Shanghai and Shenzhen exchanges. It is not possible to invest directly in an index. Source: Index data from Morgan Stanley Capital Management; total return calculations performed by BNY Mellon Investment Servicing Inc.

Fees and Expenses

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

² Matthews has contractually agreed to waive fees and reimburse expenses until November 30, 2012 to the extent needed to limit Total Annual Operating Expenses to 1.50%. The amount of the waiver is based on estimated Fund expenses. The fee waiver may be terminated at any time by the Funds on 60 days’ written notice.