Message to Shareholders regarding E.O. 13959

January 6, 2021

To all Shareholders,

On November 12, 2020, Donald Trump issued Executive Order 13959 (“E.O.”) which was designed to protect U.S. investors from financing Communist Chinese Military Companies (“CCMCs”). The E.O. prohibits United States persons from purchasing: (i) publicly traded securities of any CCMC (there are currently 35 names that are prohibited under the E.O.), (ii) any securities that are derivative of publicly traded securities of any CCMC, and (iii) any securities that are designed to provide investment exposure to publicly traded securities of any CCMC. The prohibition goes into effect on January 11, 2021 (or the relevant date for securities added after November 12, 2020). 

Matthews Asia complies with Executive Order 13959 (“E.O.”) and is monitoring the situation closely to ensure it continues to comply with the E.O. We will ensure that our Funds available for purchase meet the requirements of the E.O. and that no U.S. person would be in breach of the E.O. as a result of continuing as a shareholder of our Funds or purchasing, distributing or offering our Funds.

Matthews Asia