MATFX: Matthews Asia Innovators Investor

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MATFX Matthews Asia Innovators Investor


Profile

MATFX - Profile

Vitals

  • YTD Return 10.3%
  • 3 Yr Annualized Return 8.5%
  • 5 Yr Annualized Return 1.3%
  • Net Assets $534 M
  • Holdings in Top 10 46.5%

52 WEEK LOW AND HIGH

$16.05
$12.08
$16.05

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.19%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 80.10%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Pacific/Asia ex-Japan Stk

Distributions

  • YTD Total Return 10.3%
  • 3 Yr Annualized Total Return 12.1%
  • 5 Yr Annualized Total Return 6.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Matthews Asia Innovators Fund
  • Fund Family Name
    Matthews Asia Funds
  • Inception Date
    Dec 27, 1999
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Oh

Fund Description

Under normal circumstances, 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 Asia that Matthews believes are innovators in their products, services, processes, business models, management, use of technology, or approach to creating, expanding or servicing their markets.


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Categories

Fund Company Quick Screens

MATFX - Fund Company Quick Screens


Performance

MATFX - Performance

Return Ranking - Trailing

Period MATFX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.3% -27.4% 10.4% 0.90%
1 Yr 30.7% -30.3% 30.9% 0.90%
3 Yr 8.5%* -16.3% 18.8% 5.43%
5 Yr 1.3%* -10.2% 5.9% 21.88%
10 Yr 7.3%* -6.7% 7.3% 1.30%

* Annualized

Return Ranking - Calendar

Period MATFX Return Category Return Low Category Return High Rank in Category (%)
2019 29.2% -4.4% 44.7% 5.02%
2018 -20.6% -47.1% -10.4% 56.25%
2017 40.5% -0.9% 104.2% 36.36%
2016 -18.0% -18.0% 17.4% 100.00%
2015 -9.5% -31.2% 8.8% 30.67%

Total Return Ranking - Trailing

Period MATFX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.3% -27.4% 10.4% 0.90%
1 Yr 30.7% -30.3% 30.9% 0.90%
3 Yr 12.1%* -14.5% 19.5% 3.26%
5 Yr 6.3%* -10.0% 6.5% 1.25%
10 Yr 10.1%* -6.7% 10.1% 1.30%

* Annualized

Total Return Ranking - Calendar

Period MATFX Return Category Return Low Category Return High Rank in Category (%)
2019 29.2% -4.4% 44.7% 5.02%
2018 -18.6% -47.1% -8.6% 45.83%
2017 51.2% 14.1% 104.2% 4.55%
2016 -18.0% -18.0% 19.9% 100.00%
2015 4.5% -31.0% 15.3% 5.33%

NAV & Total Return History


Holdings

MATFX - Holdings

Concentration Analysis

MATFX Category Low Category High MATFX % Rank
Net Assets 534 M 4.24 M 22.1 B 26.43%
Number of Holdings 44 2 4788 88.11%
Net Assets in Top 10 142 M 2.25 M 4.14 B 29.96%
Weighting of Top 10 46.47% 5.6% 98.8% 28.19%

Top 10 Holdings

  1. Alibaba Group Holding Ltd Ordinary Shares 8.28%
  2. Alibaba Group Holding Ltd Ordinary Shares 8.28%
  3. HDFC Bank Ltd 5.09%
  4. HDFC Bank Ltd 5.09%
  5. Tencent Holdings Ltd 4.63%
  6. Tencent Holdings Ltd 4.63%
  7. Samsung Electronics Co Ltd Participating Preferred 4.50%
  8. Samsung Electronics Co Ltd Participating Preferred 4.50%
  9. AIA Group Ltd 4.34%
  10. AIA Group Ltd 4.34%

Asset Allocation

Weighting Return Low Return High MATFX % Rank
Stocks
99.04% 79.50% 100.00% 18.94%
Cash
0.95% -3.19% 20.50% 74.89%
Preferred Stocks
0.00% 0.00% 0.06% 84.14%
Other
0.00% 0.00% 13.99% 88.55%
Convertible Bonds
0.00% 0.00% 8.01% 85.02%
Bonds
0.00% 0.00% 4.75% 85.02%

Stock Sector Breakdown

Weighting Return Low Return High MATFX % Rank
Consumer Cyclical
21.58% 6.50% 37.43% 21.15%
Financial Services
19.36% 0.00% 31.39% 42.73%
Communication Services
16.13% 0.00% 33.79% 28.19%
Technology
14.37% 1.22% 34.19% 80.62%
Consumer Defense
14.10% 1.31% 33.13% 17.62%
Healthcare
11.40% 0.00% 28.48% 6.17%
Real Estate
3.05% 0.00% 15.97% 53.74%
Utilities
0.00% 0.00% 7.83% 96.48%
Industrials
0.00% 0.00% 20.09% 99.56%
Energy
0.00% 0.00% 14.12% 98.24%
Basic Materials
0.00% 0.00% 14.97% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High MATFX % Rank
Non US
95.26% 79.17% 100.00% 52.86%
US
3.78% -1.62% 8.76% 9.25%

Expenses

MATFX - Expenses

Operational Fees

MATFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.19% 0.04% 11.85% 72.99%
Management Fee 0.66% 0.00% 1.34% 11.89%
12b-1 Fee 0.00% 0.00% 1.00% 17.09%
Administrative Fee N/A 0.01% 0.50% 72.55%

Sales Fees

MATFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.40% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MATFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% 50.00%

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.

MATFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 80.10% 4.00% 360.00% 70.72%

Distributions

MATFX - Distributions

Dividend Yield Analysis

MATFX Category Low Category High MATFX % Rank
Dividend Yield 0.00% 0.00% 8.19% 84.58%

Dividend Distribution Analysis

MATFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

MATFX Category Low Category High MATFX % Rank
Net Income Ratio -0.04% -1.69% 5.25% 87.78%

Capital Gain Distribution Analysis

MATFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MATFX - Fund Manager Analysis

Managers

Michael Oh


Start Date

Tenure

Tenure Rank

Jan 04, 2006

14.33

14.3%

Michael J. Oh is a Portfolio Manager at Matthews. Michael joined the firm in 2000 as a Research Analyst and has built his investment career at the firm. Michael received a B.A. in Political Economy of Industrial Societies from the University of California, Berkeley. He is fluent in Korean. Michael has been a Portfolio Manager since 2007.

Tiffany Hsiao


Start Date

Tenure

Tenure Rank

Apr 30, 2018

2.0

2.0%

Tiffany Hsiao is a Portfolio Manager at Matthews. Prior to joining the firm in 2014, she was a Vice President and Research Analyst at Goldman Sachs Investment Partners in Hong Kong and Tokyo from 2007 to 2013. She was responsible for researching Asia Pacific investments, with an emphasis on equities in China. Previously, she spent six years at Franklin Templeton Investments, where she managed the firm’s global communications fund. Tiffany earned her Master of Science and Information Technology from Carnegie Mellon University and received a B.A. in Economics from the University of California, Berkeley. She is fluent in Mandarin and Taiwanese, and conversational in Cantonese.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 20.35 4.58 0.84