San Francisco, CA, 2 June 2014
—Matthews Asia has announced the expansion of its Luxembourg-domiciled UCITS fund range today with the launch of the Matthews Asia Focus Fund. The Fund provides investors exposure to a high conviction portfolio of what we believe are high-quality Asian companies.
The Matthews Asia Focus Fund seeks long-term capital appreciation by investing in established companies with sustainable growth prospects and that are capable of delivering attractive returns on capital over an extended period and through varying economic cycles. The Fund is unconstrained by sector, geographic area or market capitalization and can invest across Asia. It will primarily invest in medium or large capitalization companies and hold stocks of between 25 to 35 companies. Each company that is added to the portfolio will have undergone a thorough due diligence of its business by the investment team to support the Fund’s high-conviction approach.
Kenneth Lowe, Lead Manager comments:
“Given the economic developments over the past decade, Asia now provides investors with a growing pool of established companies with good corporate governance, strong management teams, medium to long operating histories and that are recognized as global or regional leaders in their industry. We believe these companies would meet the high standards required for inclusion within a high-conviction portfolio that would appeal to more risk-tolerant investors looking to gain exposure to an active Asian equity strategy.”
Jonathan Schuman, Head of Global Business Development adds:
“For more than 20 years, Matthews Asia has been witness to Asia’s extraordinary pace of change, modernization and economic growth. As markets have evolved, we have aimed to provide investors with a range of Asia investment strategies that take advantage of our stock-picking ability and offer exposure to compelling investment opportunities in the region. Matthews Asia Focus Fund’s concentrated and unconstrained strategy is an extension of our long-term investment approach and builds on our experience managing high conviction portfolios that are supported by deep fundamental analysis.”
The Matthews Asia Focus strategy has been available to investors in the U.S. since 2013. The UCITS fund was launched on 30 May 2014 and follows the same investment approach. It is managed by the same Lead Portfolio Manager, Kenneth Lowe, CFA, who is supported by co-managers J. Michael Oh, CFA and Sharat Shroff, CFA and the broader Matthews Asia’s 37-member investment team.
NOTES TO EDITORS
About Matthews Asia
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, and it also offers a range of Asian equity funds for UK and European investors. With US$25.0 billion in assets under management as of 30 April 2014, Matthews employs a bottom-up, fundamental investment philosophy, with a focus on long-term investment performance. For more information please visit global.matthewsasia.com.
Matthews Asia Focus Fund
U.S. Dollar Share Class Information
| Share Class
|| Minimum investment
|| Management fee
| A Acc
| I Acc
For more information about Matthews Asia, to arrange an interview with Lead Portfolio Manager Kenneth Lowe or request his photograph, please contact Emma Wallis or Lucy Forgan at Quill PR:
firstname.lastname@example.org / email@example.com
+44 (0) 20 7466 5053 / 5103
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 any related offering document 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 any related offering document has been approved in any jurisdiction where the Funds have not been registered for public offer and sale. 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.