Matthews Asia Focus Fund

Portfolio Holdings: 30 September 2018

Security Country Sector Shares Value
AIA Group, Ltd. China/Hong Kong Financials 7,800 69,605
Tencent Holdings, Ltd. China/Hong Kong Information Technology 1,500 61,903
Taiwan Semiconductor Manufacturing Co., Ltd. Taiwan Information Technology 6,000 51,472
Broadcom, Inc. United States Information Technology 200 49,269
Singapore Technologies Engineering, Ltd. Singapore Industrials 13,700 35,644
CK Hutchison Holdings, Ltd. China/Hong Kong Industrials 3,052 35,164
Cie Financiere Richemont SA Switzerland Consumer Discretionary 428 34,888
China Mobile, Ltd. China/Hong Kong Telecom Services 3,500 34,505
Sheng Siong Group, Ltd. Singapore Consumer Staples 41,600 34,051
Coway Co., Ltd. South Korea Consumer Discretionary 435 34,012
Samsung Electronics Co., Ltd. South Korea Information Technology 800 33,454
Singapore Telecommunications, Ltd. Singapore Telecom Services 14,000 33,117
Kasikornbank Public Co., Ltd. Thailand Financials 4,900 32,704
HSBC Holdings PLC China/Hong Kong Financials 3,600 31,811
Jardine Matheson Holdings, Ltd. China/Hong Kong Industrials 500 31,375
JNBY Design, Ltd. China/Hong Kong Consumer Discretionary 17,500 30,986
Housing Development Finance Corp., Ltd. India Financials 1,233 29,843
PT Bank Rakyat Indonesia Persero Indonesia Financials 138,800 29,341
Techtronic Industries Co., Ltd. China/Hong Kong Consumer Discretionary 4,500 28,724
Macquarie Group, Ltd. Australia Financials 305 27,708
United Overseas Bank, Ltd. Singapore Financials 1,400 27,677
Prudential PLC United Kingdom Financials 1,212 27,610
Bharti Infratel, Ltd. India Telecom Services 7,567 27,449
Genting Malaysia BHD Malaysia Consumer Discretionary 22,500 27,129
Bank of the Philippine Islands Philippines Financials 17,387 26,806
Johnson Electric Holdings, Ltd. China/Hong Kong Industrials 9,000 25,418
Zhejiang Supor Co., Ltd. A Shares China/Hong Kong Consumer Discretionary 3,200 25,121
Cognizant Technology Solutions Corp. Class A United States Information Technology 300 23,002
China Overseas Property Holdings, Ltd. China/Hong Kong Real Estate 80,000 22,979
NetEase, Inc. ADR China/Hong Kong Information Technology 100 22,511
Xiabuxiabu Catering Management China Holdings Co., Ltd. China/Hong Kong Consumer Discretionary 15,000 22,428
Ennoconn Corp. Taiwan Information Technology 2,000 18,283
Orange Life Insurance, Ltd. South Korea Financials 593 18,230
Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. A Shares China/Hong Kong Consumer Staples 900 16,732
United Overseas Bank, Ltd. ADR Singapore Financials 300 11,799
Net Cash United States 4,223 4,223


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.