Matthews Asia Strategic Income Fund


Inception Date

29 August 2014

Fund Assets

$10.67 million  (31/10/2018)


Ratings

Overall Morningstar Rating MorningstarMorningstarMorningstar (31/10/2018)

Base Currency

USD

ISIN

LU1061983497 (USD)

Bloomberg Symbol

MSIFIIU:LX

Benchmark

Markit iBoxx Asian Local Bond Index

Geographic Focus

Asia
Consists of all countries and markets in Asia, including developed, emerging, and frontier countries and markets in the Asian region

Investment Objective

Total return over the long term with an emphasis on income.

Strategy

Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its total assets, which include borrowings for investment purposes, in income-producing securities including, but not limited to, debt and debt-related instruments issued by governments, quasi-governmental entities, supra-national institutions, and companies in Asia. Investments may be denominated in any currency, and may represent any part of a company’s capital structure from debt to equity or with features of both.

Distributions

The Matthews Asia Strategic Income Fund intends to distribute its dividends quarterly for the Distribution share classes. Third quarter 2018 distributions were paid for the I (Dist) and A (Dist) share classes on 28 September 2018 to shareholders of record as of 17 September 2018. Distribution information is now available.


Portfolio Managers

Lead Manager

Teresa Kong, CFA

Co-Manager

Satya Patel
Wei Zhang

Fees & Expenses

Management Fee

0.65%

Total Expense Ratio1
as of 30 September 2018

USD 1.25%

Yield

31 October 2018 As of 10/31/2018

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. Fixed income investments are subject to additional risks, including, but not limited to, interest rate, credit and inflation risks. The Fund may invest in the following: derivatives which can be volatile and affect Fund performance; high yield bonds (junk bonds) which can subject the Fund to substantial risk of loss; and structured investments which can change the risk or return, or replicate the risk or return of an underlying asset. 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. These and other risks associated with investing in the Fund can be found in the Prospectus.
As of May 1, 2016, the HSBC Asian Local Bond Index became the Markit iBoxx Asian Local Bond Index.

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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.