MATTHEWS CHINA FUND
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
18.7%
1 yr return
23.5%
3 Yr Avg Return
-10.4%
5 Yr Avg Return
-1.7%
Net Assets
$416 M
Holdings in Top 10
48.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 92.28%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MCHFX - Profile
Distributions
- YTD Total Return 18.7%
- 3 Yr Annualized Total Return -10.4%
- 5 Yr Annualized Total Return -1.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.13%
- Dividend Yield 0.7%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMATTHEWS CHINA FUND
-
Fund Family NameMatthews Asia Funds
-
Inception DateFeb 19, 1998
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerWinnie Chwang
Fund Description
MCHFX - Performance
Return Ranking - Trailing
Period | MCHFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.7% | -16.5% | 28.9% | 16.85% |
1 Yr | 23.5% | -13.2% | 34.3% | 23.60% |
3 Yr | -10.4%* | -19.4% | 4.0% | 44.58% |
5 Yr | -1.7%* | -13.7% | 13.3% | 47.06% |
10 Yr | 4.2%* | -4.7% | 9.9% | 24.00% |
* Annualized
Return Ranking - Calendar
Period | MCHFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -19.9% | -26.6% | 26.3% | 77.53% |
2022 | -29.5% | -41.6% | -9.4% | 75.90% |
2021 | -23.8% | -52.5% | 26.5% | 80.00% |
2020 | 41.2% | 1.3% | 138.5% | 34.29% |
2019 | 33.1% | 4.4% | 42.6% | 29.41% |
Total Return Ranking - Trailing
Period | MCHFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.7% | -16.5% | 28.9% | 16.85% |
1 Yr | 23.5% | -13.2% | 34.3% | 23.60% |
3 Yr | -10.4%* | -19.4% | 4.0% | 44.58% |
5 Yr | -1.7%* | -13.7% | 13.3% | 47.06% |
10 Yr | 4.2%* | -4.7% | 9.9% | 24.00% |
* Annualized
Total Return Ranking - Calendar
Period | MCHFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -19.2% | -25.7% | 30.1% | 80.90% |
2022 | -24.4% | -40.4% | -6.8% | 40.96% |
2021 | -12.3% | -48.9% | 29.5% | 57.50% |
2020 | 43.0% | 2.0% | 138.5% | 54.29% |
2019 | 34.6% | 7.8% | 44.4% | 29.41% |
NAV & Total Return History
MCHFX - Holdings
Concentration Analysis
MCHFX | Category Low | Category High | MCHFX % Rank | |
---|---|---|---|---|
Net Assets | 416 M | 1.85 M | 7.24 B | 17.98% |
Number of Holdings | 61 | 27 | 1169 | 52.81% |
Net Assets in Top 10 | 202 M | 971 K | 4.09 B | 17.98% |
Weighting of Top 10 | 48.23% | 5.6% | 85.4% | 42.70% |
Top 10 Holdings
- Tencent Holdings Ltd 9.50%
- Alibaba Group Holding Ltd 7.00%
- Meituan 6.67%
- JD.com Inc 5.25%
- PDD Holdings Inc 4.31%
- China Construction Bank Corp 3.75%
- Ping An Insurance Group Co of China Ltd 3.43%
- Wuliangye Yibin Co Ltd 3.02%
- China International Capital Corp Ltd 2.89%
- DiDi Global Inc 2.40%
Asset Allocation
Weighting | Return Low | Return High | MCHFX % Rank | |
---|---|---|---|---|
Stocks | 99.71% | 51.72% | 113.15% | 15.73% |
Cash | 0.29% | 0.00% | 33.85% | 87.64% |
Preferred Stocks | 0.00% | 0.00% | 2.47% | 19.10% |
Other | 0.00% | -0.02% | 47.32% | 30.34% |
Convertible Bonds | 0.00% | 0.00% | 0.15% | 20.00% |
Bonds | 0.00% | 0.00% | 0.00% | 13.48% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MCHFX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 27.55% | 0.00% | 95.37% | 20.00% |
Technology | 17.03% | 0.00% | 58.02% | 30.59% |
Financial Services | 14.99% | 0.00% | 41.62% | 47.06% |
Industrials | 12.06% | 0.00% | 36.69% | 55.29% |
Communication Services | 8.82% | 0.00% | 41.06% | 55.29% |
Healthcare | 6.61% | 0.00% | 100.00% | 67.06% |
Basic Materials | 5.09% | 0.00% | 19.86% | 32.94% |
Real Estate | 4.51% | 0.00% | 22.12% | 21.18% |
Consumer Defense | 3.34% | 0.00% | 20.13% | 84.71% |
Utilities | 0.00% | 0.00% | 11.37% | 55.29% |
Energy | 0.00% | 0.00% | 19.38% | 54.12% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MCHFX % Rank | |
---|---|---|---|---|
Non US | 88.34% | 0.00% | 100.00% | 61.80% |
US | 11.37% | 0.00% | 100.63% | 16.85% |
MCHFX - Expenses
Operational Fees
MCHFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.15% | 0.09% | 11.25% | 67.42% |
Management Fee | 0.68% | 0.09% | 1.50% | 20.22% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 11.43% |
Administrative Fee | N/A | 0.06% | 0.25% | 53.85% |
Sales Fees
MCHFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MCHFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 32.00% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MCHFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 92.28% | 4.00% | 241.00% | 81.94% |
MCHFX - Distributions
Dividend Yield Analysis
MCHFX | Category Low | Category High | MCHFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.67% | 0.00% | 8.89% | 70.79% |
Dividend Distribution Analysis
MCHFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
MCHFX | Category Low | Category High | MCHFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.13% | -1.17% | 3.66% | 45.88% |
Capital Gain Distribution Analysis
MCHFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 18, 2024 | $0.257 | OrdinaryDividend |
Dec 14, 2023 | $0.091 | OrdinaryDividend |
Dec 14, 2022 | $1.092 | CapitalGainLongTerm |
Dec 15, 2021 | $3.202 | OrdinaryDividend |
Dec 16, 2020 | $0.338 | OrdinaryDividend |
Dec 17, 2019 | $0.214 | OrdinaryDividend |
Dec 12, 2018 | $2.914 | CapitalGainLongTerm |
Dec 12, 2018 | $0.287 | OrdinaryDividend |
Dec 06, 2017 | $1.193 | CapitalGainShortTerm |
Dec 06, 2017 | $0.726 | CapitalGainLongTerm |
Dec 06, 2017 | $0.370 | OrdinaryDividend |
Dec 07, 2016 | $1.855 | CapitalGainLongTerm |
Dec 07, 2016 | $0.258 | OrdinaryDividend |
Dec 10, 2015 | $0.056 | CapitalGainShortTerm |
Dec 10, 2015 | $3.273 | CapitalGainLongTerm |
Dec 10, 2015 | $0.215 | OrdinaryDividend |
Dec 11, 2014 | $0.001 | CapitalGainShortTerm |
Dec 11, 2014 | $0.101 | CapitalGainLongTerm |
Dec 11, 2014 | $0.266 | OrdinaryDividend |
Dec 12, 2013 | $1.948 | CapitalGainLongTerm |
Dec 12, 2013 | $0.265 | OrdinaryDividend |
Dec 13, 2012 | $0.249 | CapitalGainLongTerm |
Dec 13, 2012 | $0.345 | OrdinaryDividend |
Dec 08, 2011 | $0.012 | CapitalGainShortTerm |
Dec 08, 2011 | $2.049 | CapitalGainLongTerm |
Dec 08, 2011 | $0.280 | OrdinaryDividend |
Dec 09, 2010 | $0.021 | CapitalGainLongTerm |
Dec 09, 2010 | $0.145 | OrdinaryDividend |
Dec 09, 2009 | $0.067 | OrdinaryDividend |
Dec 10, 2008 | $0.002 | CapitalGainShortTerm |
Dec 10, 2008 | $5.615 | CapitalGainLongTerm |
Dec 10, 2008 | $0.326 | OrdinaryDividend |
Dec 06, 2007 | $1.374 | CapitalGainLongTerm |
Dec 06, 2007 | $0.109 | OrdinaryDividend |
Dec 06, 2006 | $0.152 | OrdinaryDividend |
Dec 22, 2005 | $0.217 | OrdinaryDividend |
Dec 07, 2004 | $0.525 | CapitalGainLongTerm |
Dec 07, 2004 | $0.142 | OrdinaryDividend |
Dec 08, 2003 | $0.067 | OrdinaryDividend |
Dec 06, 2002 | $0.142 | OrdinaryDividend |
Dec 07, 2001 | $0.151 | OrdinaryDividend |
Dec 07, 2000 | $0.285 | CapitalGainLongTerm |
Dec 07, 2000 | $0.148 | OrdinaryDividend |
Dec 23, 1999 | $0.109 | OrdinaryDividend |
Jun 22, 1999 | $0.011 | OrdinaryDividend |
MCHFX - Fund Manager Analysis
Managers
Winnie Chwang
Start Date
Tenure
Tenure Rank
Apr 30, 2014
8.09
8.1%
Winnie Chwang is a Portfolio Manager at Matthews Asia and manages the firm's China Small Strategy and co-manages the China and Asia ESG Strategies. She joined the firm in 2004 and has built her investment career at the firm. Winnie earned an MBA from the Haas School of Business and received her B.A. in Economics with a minor in Business Administration from the University of California, Berkeley. She is fluent in Mandarin and conversational in Cantonese. Winnie has been a Portfolio Manager of the Matthews China Fund since 2014, of the Matthews Asia ESG Fund since its inception in 2015 and of the Matthews China Small Companies Fund since 2020.
Andrew Mattock
Start Date
Tenure
Tenure Rank
Apr 30, 2015
7.09
7.1%
Andrew Mattock, CFA is a Portfolio Manager at Matthews Asia and manages the firm's China and China Small Companies Strategies. Prior to joining the firm in 2015, he was a Fund Manager at Henderson Global Investors for 15 years, first in London and then in Singapore, managing Asia Pacific equities. Andrew holds a Bachelor of Business majoring in Accounting from ACU. He began his career at PricewaterhouseCoopers and qualified as a Chartered Accountant. Andrew has been a Portfolio Manager of the Matthews China Fund since 2015 and of the Matthews China Small Companies Fund since 2020.
Sherwood Zhang
Start Date
Tenure
Tenure Rank
Apr 28, 2022
0.09
0.1%
Sherwood Zhang is a Portfolio Manager at Matthews. He manages the firm’s China Dividend Strategy and co-manages the Asia Dividend and Asia ex Japan Dividend Strategies. Prior to joining the Matthews in 2011, Sherwood was an analyst at Passport Capital from 2007 to 2010, where he focused on such industries as property and basic materials in China as well as consumer-related sectors. Before earning his M.B.A. in 2007, Sherwood served as a Senior Treasury Officer for Hang Seng Bank in Shanghai and Hong Kong, and worked as a Foreign Exchange Trader at Shanghai Pudong Development Bank in Shanghai. He received his M.B.A. from the University of Maryland and his Bachelor of Economics in Finance from Shanghai University. Sherwood is fluent in Mandarin and speaks conversational Cantonese.Sherwood has been a Portfolio Manager of the Matthews China Dividend Fund since 2014 and of the Matthews Asia Dividend Fund since 2018.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 24.1 | 3.8 | 3.22 |