Matthews China Dividend Fund


Inception Date

31 January 2013

Fund Assets

$13.57 million  (30/11/2018)

Ratings

Overall Morningstar Rating MorningstarMorningstarMorningstarMorningstarMorningstar (30/11/2018)

Base Currency

USD

ISIN

LU0875301086 (USD)

Bloomberg Symbol

MATACID:LX

Benchmark

MSCI China Index

Geographic Focus

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

Investment Objective

Seeks total return with an emphasis on providing current income.

Strategy

The Fund seeks to achieve its investment objective by investing, directly or indirectly, at least 65% of its total assets, in income-paying publicly traded common stocks, preferred stocks, convertible preferred stocks, and other equity-related instruments of companies located in China. For 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. The Fund may also invest in convertible fixed-income securities.

Distributions

The Matthews China Dividend Fund intends to distribute its dividends semi-annually. Year end 2018 distributions, if any, will be paid for the I (Dist) and A (Dist) share classes on 21 December 2018 to shareholders of record as of 11 December 2018. Year End Distribution information is now available.


Portfolio Managers

Lead Manager

Sherwood Zhang, CFA

Co-Manager

Yu Zhang, CFA

Fees & Expenses

Management Fee

0.75%

Total Expense Ratio1
as of 30 September 2018

USD 1.25%

Yield

30 November 2018 As of 11/30/2018

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. There is no guarantee that the Fund or the companies in its portfolio will pay or continue to pay dividends. 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. 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.