Matthews Asia Focus Fund

Portfolio Holdings: 30 June 2018

Security Country Sector Shares Value
AIA Group, Ltd. China/Hong Kong Financials 8,800 76,783
Tencent Holdings, Ltd. China/Hong Kong Information Technology 1,500 75,096
Broadcom, Inc. United States Information Technology 200 48,980
Xiabuxiabu Catering Management China Holdings Co., Ltd. China/Hong Kong Consumer Discretionary 22,000 48,059
Macquarie Group, Ltd. Australia Financials 439 40,093
Jardine Matheson Holdings, Ltd. China/Hong Kong Industrials 600 37,787
PT Matahari Department Store Indonesia Consumer Discretionary 59,800 36,723
Taiwan Semiconductor Manufacturing Co., Ltd. Taiwan Information Technology 5,000 35,484
Coway Co., Ltd. South Korea Consumer Discretionary 435 33,801
Samsung Electronics Co., Ltd. South Korea Information Technology 800 33,475
Housing Development Finance Corp., Ltd. India Financials 1,177 32,779
Sheng Siong Group, Ltd. Singapore Consumer Staples 41,600 32,306
CK Hutchison Holdings, Ltd. China/Hong Kong Industrials 3,052 32,303
Cie Financiere Richemont SA Switzerland Consumer Discretionary 377 31,869
Singapore Telecommunications, Ltd. Singapore Telecom Services 14,000 31,581
China Mobile, Ltd. China/Hong Kong Telecom Services 3,500 31,065
Japan Tobacco, Inc. Japan Consumer Staples 1,100 30,754
Bharti Infratel, Ltd. India Telecom Services 6,916 30,338
HSBC Holdings PLC China/Hong Kong Financials 3,200 29,976
Singapore Technologies Engineering, Ltd. Singapore Industrials 12,400 29,871
Ennoconn Corp. Taiwan Information Technology 2,000 29,016
Bank of the Philippine Islands Philippines Financials 17,387 28,833
Kasikornbank Public Co., Ltd. Thailand Financials 4,900 28,680
PT Bank Rakyat Indonesia Persero Indonesia Financials 138,800 27,508
United Overseas Bank, Ltd. Singapore Financials 1,400 27,437
Genting Malaysia BHD Malaysia Consumer Discretionary 22,500 27,182
Hang Lung Group, Ltd. China/Hong Kong Real Estate 9,000 25,235
JNBY Design, Ltd. China/Hong Kong Consumer Discretionary 11,000 25,147
NetEase, Inc. ADR China/Hong Kong Information Technology 100 24,760
Johnson Electric Holdings, Ltd. China/Hong Kong Industrials 8,000 23,298
Techtronic Industries Co., Ltd. China/Hong Kong Consumer Discretionary 4,000 22,275
ING Life Insurance Korea, Ltd. South Korea Financials 593 22,267
Zhejiang Supor Cookware Co., Ltd. A Shares China/Hong Kong Consumer Discretionary 2,800 21,768
United Overseas Bank, Ltd. ADR Singapore Financials 300 11,702
Net Cash United States 19,031 19,031


The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or a recommendation to buy or sell securities or other investments.

Portfolio holdings are subject to change without notice and may not represent current or future portfolio composition.

Investors should ascertain from their professional advisers the consequences of investing in the Fund under the relevant laws of the jurisdictions to which they are subject, including the tax consequences and any exchange control requirement. Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before making an investment decision. The current prospectus contains this and other information. Applications for shares may only be made on the Fund’s most recent prospectus which is available at global.matthewsasia.com. Please read the prospectus carefully before investing.