Matthews Asia Dividend Fund

Inception Date

30 April 2010

Fund Assets

$200.06 million  (31/10/2020)


Overall Morningstar Rating MorningstarMorningstarMorningstarMorningstarMorningstar (31/10/2020)

Base Currency



LU0491818331 (USD)
LU0594556648 (GBP)
LU0491818174 (EUR)

Bloomberg Symbol



MSCI All Country Asia Pacific Index

Geographic Focus

Asia Pacific
Consists of all countries and markets in Asia, as well as Australia and New Zealand including all developed, emerging and frontier countries and markets in Asia.

Investment Objective

Seeks total return with an emphasis on providing current income.


The Fund seeks to achieve its investment objective by investing, directly or indirectly, at least 65% of its total net assets, in income-paying publicly traded common stocks, preferred stocks, convertible preferred stocks and other equity-related instruments of companies located in the Asia Pacific region, and may invest the remainder of its net assets in other permitted assets on a worldwide basis.


The Matthews Asia Dividend Fund intends to distribute its dividends quarterly. Third Quarter 2020 distributions were paid for the I (Dist) and A (Dist) share classes on 6 October 2020 to shareholders of record as of 28 September 2020. Distribution information is now available.

Portfolio Managers*

Lead Manager

Yu Zhang, CFA


Robert J. Horrocks, PhD
Sherwood Zhang, CFA
S. Joyce Li, CFA
*No Hong Kong based Co-Manager for the Matthews Asia Funds will exercise investment discretion for or on behalf of the funds in Hong Kong.

Fees & Expenses

Management Fee


Total Expense Ratio1
as of 31 March 2020

USD 1.21%
GBP 1.23%
EUR 1.19%


31 October 2020 As of 10/31/2020

Risk Considerations

The value of an investment in the Fund can go down as well as up and possible loss of principal is a risk of investing. Investments in international and emerging market securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. The Fund invests in holdings denominated in foreign currencies, and is exposed to the risk that the value of the foreign currency will increase or decrease. The Fund invests primarily in equity securities, which may result in increased volatility. There is no guarantee that the Fund or the companies in its portfolio will pay or continue to pay dividends. These and other risks associated with investing in the Fund can be found in the Prospectus.

Fund ratings represent an opinion only and are not a recommendation to buy or sell any fund.

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Square Mile Academy of Funds rating as of September 2019. View the Report

1Total expense ratio for periods less than a full fiscal year have been annualized based on the Fund’s fiscal year-to-date unaudited expenses as of the most recently available quarter end.  The annualized total expense ratio may vary, sometimes significantly, quarter to quarter and from the actual fiscal year-end total expense ratio.