Matthews China Fund Institutional Class (MICFX)

Net Asset Value
1 Day
Overall Morningstar Rating
China region
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. 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 the common and preferred stocks of companies located in China. China includes its administrative and other districts- such as Hong Kong. A company or other issuer is considered to be "located" in a country or a region- and a security or instrument will deemed to be an Asian (or specific country) security or instrument- if it has substantial ties to that country or region.


1 month+3.60% 3 years+9.72%
3 months-2.65% 5 years+11.80%
1 year+36.45% Since inception+5.42%
Data through --

Peer Comparisonvs. China region

Performance 5-yr return+11.80%+10.27%
Expense ratio0.93%1.70%
Risk 5 year sharpe ratio0.630.57
Net assets$1.0B$229.9M
Average market cap$42.4B$34.4B
Average P/E15.012.3
Portfolio turnover79%79%

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Fund Management and Purchase Info

Fund familyMatthews Asia Funds
Fund manager & tenureHenry Zhang / 8 Years
Minimal initial investment$100,000.00
Minimum IRA investment--


International stock95.72%
Fixed income2.81%
U.S. stock0.00%
Top 5 Sectors
Portfolio weighting
Consumer service 18.75%
Financial service 18.53%
Industrial materials 12.26%
Consumer goods 12.14%
Telecommunication 11.73%
Top 10 Holdings
Portfolio weighting
-- 10.08%
BABA Alibaba Group Holding Ltd7.10%
-- 6.57%
-- 5.22%
-- 4.90%
-- 3.67%
-- 3.02%
-- 2.64%
BIDU Baidu2.63%
-- 2.52%