Matthews China Fund Institutional Class (MICFX)

22.43
Net Asset Value
+1.22%
1 Day
-1.67%
Year-to-Date
Overall Morningstar Rating
China region
Style or Category
No Load
Sales Expenses
0.92%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. Under normal market conditions, the Matthews China 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.

Performance

1 month+3.55% 3 years+6.71%
3 months-2.65% 5 years--
1 year-1.92% Since inception-1.69%
Data through --

Peer Comparisonvs. China region

 MICFXCategory
Performance 5-yr return--+5.12%
Expense ratio0.92%1.78%
Risk 5 year sharpe ratio0.290.38
Net assets$1.1B$220.8M
Average market cap$10.4B$29.0B
Average P/E14.510.9
Portfolio turnover6%6%

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Fund Management and Purchase Info

Fund familyMatthews Asia Funds
Fund manager & tenureRichard Gao / 15 Years
Minimal initial investment$3,000,000.00
Minimum IRA investment$3,000,000.00

Holdings

International stock100.00%
U.S. stock0.00%
Fixed income0.00%
Cash0.00%
Other0.00%
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
-- Tencent Holdings Ltd.3.86%
MR Mindray Medical International Ltd ADR repr Class A2.80%
-- Lenovo Group Ltd2.75%
-- Sands China Ltd2.61%
-- China Mengniu Dairy Co Ltd2.60%
-- China Longyuan Power Group Corp Ltd H Shares2.56%
-- China Vanke Co Ltd2.42%
-- Cafe de Coral Holdings Ltd2.41%
-- Yuexiu Transport Infrastructure Ltd2.38%
HMIN Home Inns & Hotels Management Inc ADR2.36%

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