Message to Matthews Emerging Markets Sustainable Future Fund Shareholders

We are pleased to announce that Inbok Song has been named a Co-Manager of the Matthews Emerging Markets Sustainable Future Fund. Vivek Tanneeru continues to serve as Lead Manager of the Fund.

Inbok is also a Lead Manager of the Matthews Pacific Tiger Fund, and her appointment on the Matthews Emerging Markets Sustainable Future Fund enhances the collaboration and information flow across our core Emerging Markets and Asia portfolios. It also leverages her deep experience of investing in global emerging markets.

More specifically, Inbok has significant experience conducting research within the small companies’ universe, with particular expertise in innovative and technology sectors. She has a strong personal interest in sustainability—particularly sustainable technology—that aligns well with some of the fast-growing sectors within the Fund’s investment universe.

We are very proud of the depth and diversity of the investment team that we have built at Matthews for over 30 years.

Thank you for your investment in the Matthews Asia Funds.

Yours truly,

Cooper Abbott Chief Executive Officer Matthews Asia		Robert Horrocks, PhD Chief Investment Officer Matthews Asia

You should consider the investment objectives, risks, charges and expenses of the Matthews Asia Funds carefully before making an investment decision. A prospectus or a summary prospectus with this and other information about the Funds may be obtained by visiting matthewsasia.com. Please read the prospectus carefully before investing as it explains the risks associated with investing in international markets. 

Investments involve risk, including possible loss of principal. Investments in international, emerging and frontier markets involve risks such as economic, social and political instability, market illiquidity, currency fluctuations, high levels of volatility, and limited regulation, which may adversely affect the value of the Fund's assets. Additionally, investing in emerging and frontier securities involves greater risks than investing in securities of developed markets, as issuers in these countries generally disclose less financial and other information publicly or restrict access to certain information from review by non-domestic authorities. Emerging and frontier markets tend to have less stringent and less uniform accounting, auditing and financial reporting standards, limited regulatory or governmental oversight, and limited investor protection or rights to take action against issuers, resulting in potential material risks to investors. There is no guarantee that the Fund or the companies in its portfolio will pay or continue to pay dividends.