Overview
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.
Related Fund Articles
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.