Matthews China Dividend Fund Institutional Class (MICDX)

13.17
Net Asset Value
+0.23%
1 Day
-4.15%
Year-to-Date
Overall Morningstar Rating
China region
Style or Category
No Load
Sales Expenses
1.29%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in dividend-paying equity securities of companies located in China. It may also invest in convertible debt and equity securities.

Performance

1 month+1.55% 3 years+5.38%
3 months-0.68% 5 years--
1 year+5.84% Since inception+6.44%
Data through --

Peer Comparisonvs. China region

 MICDXCategory
Performance 5-yr return--+13.88%
Expense ratio1.29%1.79%
Risk 5 year sharpe ratio--0.71
Net assets$134.4M$202.9M
Average market cap$3.1B$24.8B
Average P/E13.610.9
Portfolio turnover21%21%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyMatthews Asia Funds
Fund manager & tenureJesper Madsen / 4 Years
Minimal initial investment$3,000,000.00
Minimum IRA investment$3,000,000.00

Holdings

International stock96.88%
U.S. stock3.12%
Fixed income0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 25.77%
Financial service 17.70%
Telecommunication 13.69%
Consumer goods 7.82%
Energy 5.71%
Top 10 Holdings
Portfolio weighting
-- Minth Group Ltd.4.17%
-- Dongfeng Motor Group Co Ltd H Shares3.94%
-- Shenzhou International Group Holdings Ltd.3.77%
-- Haitian International Holdings Ltd.3.70%
-- Guangdong Investment Ltd.3.70%
HSBC HSBC Holdings PLC ADR3.54%
-- Shanghai Jin Jiang International Hotels Development Co., Ltd.3.48%
-- China Shenhua Energy Company Limited H Shares3.38%
-- Springland International Holdings Ltd.3.36%
-- Sporton International Inc3.28%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.