San Francisco, 18 April 2012
—Matthews International Capital Management, LLC (“Matthews”), the largest dedicated Asia investment specialist in the United States, has begun offering several of its Luxembourg-domiciled UCITS funds on Allfunds Bank, the open architecture fund platform backed by Spain’s Grupo Santander and Italy’s Intesa Sanpaolo Group. Through this relationship Matthews’ Asia Dividend, Pacific Tiger (Asia ex-Japan), China, India and China Small Companies Funds are now accessible to Allfunds Bank’s large network of clients.
“We are very pleased to be working with such a leading platform as Allfunds Bank to bring their clients the opportunity to gain exposure to Asia through our Funds,” said Jonathan Schuman, Head of Global Business Development at Matthews. “Matthews’ specialized funds add to the diversity of the international product offerings on the Allfunds Bank platform and this marks an important step in making our strategies more accessible to global investors.”
The Funds offered, which include U.S. dollar and pound sterling-denominated retail and institutional share classes, are:
• Matthews Asia Dividend Fund
• Matthews Pacific Tiger Fund
• Matthews China Fund
• Matthews India Fund
• Matthews China Small Companies Fund
At Matthews, we believe in the long-term growth of Asia. Since 1991, we have focused our efforts and expertise within the region, investing through a variety of market environments. As an independent, privately owned firm, Matthews is the largest dedicated Asia-only investment specialist in the United States. With $17.8 billion in assets under management as of 31 March 2012 and 13 investment strategies, Matthews employs a bottom-up, fundamental investment philosophy, with a focus on long-term investment performance. For more information please visit matthewsasia.com.
About Allfunds Bank
Allfunds Bank is one of the leading cross border fund platforms globally with a distinctive proposition. In addition to high quality dealing and administration services, it offers Institutional and Wholesale Distribution clients the option of taking fund research support and/or web-based investment tools plus information and data on more than 22,000 funds linked to a choice of over 450 Fund Houses. Allfunds is also an independent business, backed by joint shareholders Santander and Intesa Saopaolo banking groups.
Allfunds’ approach and capabilities has successfully attracted Private Banks, Asset Managers, Insurance Companies, Financial Services Firms and other specialist Platform Providers. Today more than 300 clients use its open architecture fund solutions representing almost Euro 65 billion of assets and it is active across 25 countries in continental Europe, the U.K., the Middle East and Latin America.
Allfunds’ philosophy is to champion the investment funds industry, provide insight on market developments and encourage a three-way relationship between its clients, its Fund House partners and its role as platform provider. The aim is to be in a position to fit the proposition to meet changing requirements and to selectively build out activities internationally in order to become the pre-eminent business to business platform in the world.
Matthews Distribution Contact:
Head of Global Business Development
This release does not constitute or contain an offer, solicitation, recommendation or investment advice with respect to the purchase of the Funds described herein or any security and such document has not been approved in any jurisdiction. Prospective investors should carefully review the information contained in the prospectus and simplified prospectus and consult their professional legal, tax and financial advisers as to the suitability of any investment in light of their particular circumstances and applicable citizenship, residence or domicile, including any tax or foreign exchange control restrictions. No securities commission or regulatory authority has in any way passed upon the merits of an investment in the Funds or the accuracy or adequacy of this information or the material contained herein or otherwise. Neither the prospectus nor the simplified prospectus has been approved in any jurisdiction where the Funds have not been registered for public offer and sale, including by the Hong Kong Securities and Futures Commission. This information is not, and under no circumstances is to be construed as, a prospectus, a public offering or an offering memorandum as defined under applicable securities legislation. Application for shares may only be made by way of the Funds’ most recent prospectus which is available from Matthews International Capital Management, LLC. The Funds’ shares may not be sold to citizens or residents of the United States or in any other state, country or jurisdiction where it would be unlawful to offer, solicit an offer for, or sell the shares.