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Overview

Matthews Asia Small Companies Fund

Matthews Asia Small Companies Fund

Inception Date: 9/15/08

Geographic Focus: Asia excluding Japan, which includes China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam.

Benchmark: MSCI All Country Asia ex Japan Small Cap Index

Fund Assets: $125.8 million (as of 02/28/10)

Symbol: MSMLX

CUSIP: 577-125-206

Investment Objective

Long-term capital appreciation.

Strategy

Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its total net assets, which include borrowings for investment purposes, in the common and preferred stocks of small companies located in Asia excluding Japan including: China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam.

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Read the press release »

Portfolio Manager

Lead Manager:
Lydia So

Fees and Expenses

Gross Expense Ratios:1
Fiscal Year 2009: 2.09%
     After Fee Waiver, Reimbursement and Recoupment: 2.00%2

Fiscal Year 2008: 14.31%
     After Fee Waiver, Reimbursement and Recoupment: 2.00%2

Portfolio Turnover:3
Fiscal Year 2009: 21.39%

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

2 The Advisor has contractually agreed to waive Matthews Asia Small Companies Fund’s fees and reimburse expenses until at least April 30, 2012 to the extent needed to limit total annual operating expenses to 2.00%.

3 The lesser of fiscal year 2009 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 Fund, the risks of investing in small companies, as well as the regional and country risks.

Investing in small- and mid-size companies is more risky and volatile than investing in large companies as they may be more volatile and less liquid than larger companies.