Fund Performance through November 30, 2008
| Asia Growth and Income Strategies |
Matthews Asian Growth and Income (MACSX)
|
1.74% |
0.08% |
-28.49% |
-36.35% |
-0.73% |
7.07% |
13.65% |
8.80% |
9/12/94 |
| Matthews Asia Pacific Equity Income (MAPIX) |
0.47% |
-2.38% |
-26.66% |
-33.07% |
n/a |
n/a |
n/a |
-7.53% |
10/31/06 |
| Asia Growth Strategies |
| Matthews Asia Pacific (MPACX) |
0.50% |
-5.42% |
-28.77% |
-45.93% |
-7.33% |
2.89% |
n/a |
2.17% |
10/31/03 |
| Matthews Pacific Tiger (MAPTX)
|
1.90% |
-7.61% |
-38.99% |
-52.47% |
-5.18% |
5.24% |
11.48% |
4.68% |
9/12/94 |
| Matthews China (MCHFX) |
4.74% |
-0.22% |
-36.55% |
-55.02% |
10.15% |
8.94% |
13.22% |
8.04% |
2/19/98 |
| Matthews India (MINDX) |
4.66% |
-10.50% |
-46.58% |
-61.85% |
-5.48% |
n/a |
n/a |
-3.92% |
10/31/05 |
| Matthews Japan (MJFOX) |
-3.14% |
-1.97% |
-23.32% |
-39.05% |
-15.93% |
-4.27% |
n/a |
1.47% |
12/31/98 |
| Matthews Korea (MAKOX) |
-3.27% |
-10.68% |
-40.94% |
-62.21% |
-18.32% |
0.81% |
12.44% |
0.03% |
1/3/95 |
| Asia Small Company Strategy |
| Matthews Asia Small Companies (MSMLX) |
2.16% |
-6.44% |
n/a |
n/a |
n/a |
n/a |
n/a |
-27.40% |
09/15/08 |
| Asia Specialty Strategy |
| Matthews Asian Technology (MATFX) |
2.34% |
-12.90% |
-40.35% |
-56.41% |
-10.34% |
-0.53% |
n/a |
-8.25% |
12/27/99 |
Fund Performance through September 30, 2008
| Asia Growth and Income Strategies |
Matthews Asian Growth and Income (MACSX)
|
1.74% |
-9.89% |
-13.70% |
-18.18% |
6.72% |
13.26% |
17.70% |
10.72% |
9/12/94 |
| Matthews Asia Pacific Equity Income (MAPIX) |
0.47% |
-8.07% |
-12.30% |
-15.36% |
n/a |
n/a |
n/a |
3.34% |
10/31/06 |
| Asia Growth Strategies |
| Matthews Asia Pacific (MPACX) |
0.50% |
-9.47% |
-15.04% |
-28.61% |
0.29% |
n/a |
n/a |
7.35% |
10/31/03 |
| Matthews Pacific Tiger (MAPTX)
|
1.90% |
-13.41% |
-16.53% |
-29.48% |
6.60% |
14.74% |
18.52% |
7.37% |
9/12/94 |
| Matthews China (MCHFX) |
4.74% |
-16.28% |
-19.30% |
-39.32% |
18.94% |
18.03% |
17.98% |
11.04% |
2/19/98 |
| Matthews India (MINDX) |
4.66% |
-16.11% |
-12.61% |
-32.93% |
n/a |
n/a |
n/a |
11.91% |
10/31/05 |
| Matthews Japan (MJFOX) |
-3.14% |
-6.56% |
-14.46% |
-24.68% |
-9.88% |
-0.18% |
n/a |
3.58% |
12/31/98 |
| Matthews Korea (MAKOX) |
-3.27% |
-10.82% |
-23.90% |
-42.56% |
-2.83% |
11.56% |
22.22% |
3.07% |
1/3/95 |
| Asia Small Company Strategy |
| Matthews Asia Small Companies (MSMLX) |
2.16% |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
-1.40% |
09/15/08 |
| Asia Specialty Strategy |
| Matthews Asian Technology (MATFX) |
2.34% |
-15.35% |
-18.46% |
-35.97% |
1.95% |
7.02% |
n/a |
-4.66% |
12/27/99 |
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 Funds’ fees
and expenses had not been waived.
| Matthews Asian Growth and Income (MACSX) |
1.15 |
| Matthews Asia Pacific Equity Income (MAPIX) 2 |
1.41 |
| Matthews Asia Pacific (MPACX) |
1.20 |
| Matthews Pacific Tiger (MAPTX) |
1.10 |
| Matthews China (MCHFX) |
1.17 |
| Matthews India (MINDX) |
1.28 |
| Matthews Japan (MJFOX) |
1.23 |
| Matthews Korea (MAKOX) |
1.21 |
| Matthews Asia Small Companies (MSMLX)3 |
2.48 |
| Matthews Asian Technology (MATFX) |
1.25 |
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 Asia Funds do not charge
12b-1 fees.
2 The Advisor has contractually agreed to waive fees and
reimburse expenses to the extent needed to limit total annual operating
expenses to 1.50% until October 31, 2009. Matthews Asia Funds do not
charge 12b-1 fees.
3 The Fund's expense ratios are based on estimated amounts for the current fiscal year. The Advisor has contractually agreed to waive fees and reimburse expenses until August 31, 2010 to the extent needed to limit total annual operating expenses to 2.00%. Matthews Asia Funds do not charge 12b-1 fees.
Daily Prices
| Asia Growth and Income Strategies |
| Matthews Asian Growth and Income (MACSX)
|
$11.69 |
+0.05 |
1.74% |
| Matthews Asia Pacific Equity Income (MAPIX) |
$8.65 |
+0.04 |
0.47% |
| Asia Growth Strategies |
| Matthews Asia Pacific (MPACX) |
$10.08 |
-0.01 |
0.50% |
| Matthews Pacific Tiger (MAPTX) |
$11.26 |
-0.02 |
1.90% |
| Matthews China (MCHFX) |
$15.02 |
-0.01 |
4.74% |
| Matthews India (MINDX) |
$8.76 |
-0.03 |
4.66% |
| Matthews Japan (MJFOX) |
$9.87 |
-0.09 |
-3.14% |
| Matthews Korea (MAKOX) |
$2.66 |
+0.02 |
-3.27% |
| Asia Small Company Strategy |
| Matthews Asia Small Companies (MSMLX) |
$8.05 |
+0.02 |
2.16% |
| Asia Specialty Strategy |
| Matthews Asian Technology (MATFX) |
$4.82 |
+0.03 |
2.34% |
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. View the Fund’s most recent month-end performance. View the Fund’s most recent quarter-end performance.
Morningstar® Ratings™ as of November 30, 2008
The Overall Morningstar® Rating for a fund is derived from a weighted-average of the performance figures associated with its three-, five- and (if applicable) ten-year ratings. Past performance is no guarantee of future results.
| Asia Growth and Income Strategies |
Matthews Asian Growth and Income (MACSX)
|
Pacific/Asia ex-Japan |
out of 90 funds |
out of 90 funds |
out of 72 funds |
out of 54 funds |
9/12/94 |
| Asia Growth Strategies |
| Matthews Asia Pacific (MPACX) |
Diversified Pacific/Asia |
out of 25 funds |
out of 25 funds |
out of 24 funds |
n/a |
10/31/03 |
Matthews Pacific Tiger (MAPTX)
|
Pacific/Asia ex-Japan |
out of 90 funds |
out of 90 funds |
out of 72 Funds |
out of 54 funds |
9/12/94 |
| Matthews China (MCHFX) |
Pacific/Asia ex-Japan |
out of 90 funds |
out of 90 funds |
out of 72 funds |
out of 54 funds |
2/19/98 |
Matthews India
(MINDX) |
Pacific/Asia ex-Japan |
out of 90 funds |
out of 90 funds |
n/a |
n/a |
2/19/98 |
| Matthews Japan (MJFOX) |
Japan |
out of 29 funds |
out of 29 funds |
out of 29 funds |
n/a |
12/31/98 |
| Matthews Korea (MAKOX) |
Pacific/Asia ex-Japan |
out of 90 funds |
out of 90 funds |
out of 72 funds |
out of 54 funds |
1/3/95 |
| Asia Specialty Strategy |
| Matthews Asian Technology (MATFX) |
Specialty Technology |
out of 243 funds |
out of 243 funds |
out of 221 funds |
n/a |
12/27/99 |
The Matthews India Fund, Matthews Asia Pacific Equity Income Fund, and Matthews Asia Small Companies Fund will not be rated by Morningstar until they have three-year track records.
For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.)
Lipper Rankings as of September 30, 2008
Lipper Analytical Services, Inc. rankings and fund performance do not reflect sales charges and are based on total return, including reinvestment of dividends and capital gains for the stated periods.
| Asia Growth and Income Strategies |
Matthews Asian Growth and Income (MACSX)
|
Pacific ex-Japan |
1st Quartile #1 of 46 |
2nd Quartile #15 of 38 |
3rd Quartile #22 of 36 |
1st Quartile #4 of 26 |
1st Quartile
#1 of 10
(9/12/94) |
| Matthews Asia Pacific Equity Income (MAPIX) |
Pacific Region |
1st Quartile #1 of 35 |
n/a |
n/a |
n/a |
1st Quartile #1 of 29 (10/31/06) |
| Asia Growth Strategies |
| Matthews Asia Pacific (MPACX) |
Pacific Region |
1st Quartile #7 of 35 |
3rd Quartile #16 of 26 |
n/a |
n/a |
3rd Quartile #14 of 25
(10/31/03) |
Matthews Pacific Tiger (MAPTX)
|
Pacific ex-Japan |
1st Quartile #9 of 46 |
2nd Quartile #16 of 38 |
2nd Quartile #11 of 36 |
1st Quartile #2 of 26 |
1st Quartile
#2 of 10
(9/12/94) |
| Matthews China (MCHFX) |
China Region |
1st Quartile #12 of 65 |
1st Quartile #1 of 40 |
1st Quartile #1 of 26 |
1st Quartile #1 of 20 |
1st Quartile
#3 of 16
(2/19/98) |
| Matthews India (MINDX) |
Emerging Markets |
2nd Quartile #118 of 293 |
n/a |
n/a |
n/a |
1st Quartile
#40 of 207
(10/31/05) |
| Matthews Japan (MJFOX) |
Japan |
1st Quartile #8 of 47 |
3rd Quartile #15 of 26 |
4th Quartile #19 of 23 |
n/a |
2nd Quartile
#7 of 17
(12/31/98) |
| Matthews Korea (MAKOX) |
Pacific ex-Japan |
4th Quartile #44 of 46 |
4th Quartile #38 of 38 |
3rd Quartile #27 of 36 |
1st Quartile #1 of 26 |
4th Quartile
#10 of 11
(1/3/95) |
| Asia Specialty Strategy |
| Matthews Asian Technology (MATFX) |
Global Science and Technology |
4th Quartile #87 of 95 |
1st Quartile #16 of 90 |
1st Quartile #1 of 78 |
n/a |
1st Quartile
#1 of 27
(12/27/99) |
Past performance does not guarantee future results.
The Matthews Asia Small Companies Fund will not be ranked by Lipper until it has a one-year track record.
