Matthews China Small Companies Fund


Inception Date

29 February 2012

Fund Assets

$76.01 million  (30/11/2018)

Ratings

Award
Overall Morningstar Rating MorningstarMorningstarMorningstarMorningstar (30/11/2018)

Base Currency

USD

ISIN

LU0721876877 (USD)

Bloomberg Symbol

MACSMCI:LX

Benchmark

MSCI China Small Cap Index

Geographic Focus

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

Investment Objective

Long-term capital appreciation

Strategy

The Fund seeks to achieve its investment objective by investing, directly or indirectly, at least 65% of its total net assets, in equities of small companies located in China, and may invest the remainder of its net assets in other permitted assets on a worldwide basis. For the purpose of this policy, China includes the People’s Republic of China, its administrative and other districts, such as Hong Kong, as well as Taiwan.

Portfolio Managers

Lead Manager

Tiffany Hsiao, CFA

Co-Manager

Kenichi Amaki

Fees & Expenses

Management Fee

1.00%

Total Expense Ratio1
as of 30 September 2018

USD 1.50%

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 currency, 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. Investments in a single-country fund may be subject to a higher degree of market risk than diversified funds because of concentration in a specific country. The Fund invests in smaller companies, which are more volatile and less liquid than larger companies. 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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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.