Matthews China Fund

Inception Date

19 February 1998

Fund Assets

$795.37 million  (9/30/2019)






MSCI China Index
MSCI China All Shares Index

Geographic Focus

China includes its administrative and other districts, such as Hong Kong.

Investment Objective

Long-term capital appreciation


Under normal market conditions, the Matthews China Fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in China. The Fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.


Investments in Asian securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Investing in emerging markets involves different and greater risks, as these countries are substantially smaller, less liquid and more volatile than securities markets in more developed markets. In addition, investments in a single-country fund, which is considered a non-diversified fund, may be subject to a higher degree of market risk than diversified funds because of concentration in a specific country. These and other risks associated with investing in the Fund can be found in the prospectus.

Portfolio Managers

Lead Manager

Andrew Mattock, CFA


Winnie Chwang

Fees & Expenses

Gross Expense Ratio


Portfolio Turnover 1


1 The lesser of fiscal year 2018 long-term purchase costs or sales proceeds divided by the average monthly market value of long-term securities.