MCHFX: Matthews China Investor

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing and learn how it can potentially help you build a more successful practice.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

MCHFX Matthews China Investor


Profile

MCHFX - Profile

Vitals

  • YTD Return 26.4%
  • 3 Yr Annualized Return 1.6%
  • 5 Yr Annualized Return 3.9%
  • Net Assets $1.26 B
  • Holdings in Top 10 55.7%

52 WEEK LOW AND HIGH

$24.16
$16.36
$25.48

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.09%

SALES FEES

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

BROKERAGE FEES

  • Turnover 68.93%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory Uncategorized
  • Fund Type Open End Mutual Fund
  • Investment Style China Region

Distributions

  • YTD Total Return 26.4%
  • 3 Yr Annualized Total Return 12.3%
  • 5 Yr Annualized Total Return 17.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.96%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Matthews China Fund
  • Fund Family Name
    Matthews Asia Funds
  • Inception Date
    Feb 19, 1998
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Winnie Chwang

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 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 is deemed to be an Asian (or specific country) security or instrument, if it has substantial ties to that country or region.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Fund Company Quick Screens

MCHFX - Fund Company Quick Screens


Performance

MCHFX - Performance

Return Ranking - Trailing

Period MCHFX Return Category Return Low Category Return High Rank in Category (%)
YTD 26.4% -60.4% 60.4% 26.56%
1 Yr 43.7% -73.3% 73.8% 16.13%
3 Yr 1.6%* -33.9% 20.4% 42.31%
5 Yr 3.9%* -24.2% 19.1% 65.31%
10 Yr -1.9%* -10.3% 7.0% 81.58%

* Annualized

Return Ranking - Calendar

Period MCHFX Return Category Return Low Category Return High Rank in Category (%)
2019 33.1% -26.0% 36.1% 19.67%
2018 -35.3% -52.1% -12.2% 88.68%
2017 43.5% 18.8% 58.1% 46.94%
2016 -16.0% -16.0% 4.0% 97.96%
2015 -14.2% -34.4% 3.1% 75.51%

Total Return Ranking - Trailing

Period MCHFX Return Category Return Low Category Return High Rank in Category (%)
YTD 26.4% -60.4% 60.4% 26.56%
1 Yr 43.7% -73.3% 73.8% 16.13%
3 Yr 12.3%* -30.0% 23.7% 42.31%
5 Yr 17.1%* -20.4% 24.2% 12.24%
10 Yr 6.7%* -7.2% 10.6% 36.84%

* Annualized

Total Return Ranking - Calendar

Period MCHFX Return Category Return Low Category Return High Rank in Category (%)
2019 33.1% -26.0% 36.1% 19.67%
2018 -21.2% -52.1% -9.6% 69.81%
2017 59.1% 18.9% 65.8% 20.41%
2016 -5.0% -11.5% 5.9% 69.39%
2015 2.4% -34.4% 9.7% 14.29%

NAV & Total Return History


Holdings

MCHFX - Holdings

Concentration Analysis

MCHFX Category Low Category High MCHFX % Rank
Net Assets 1.26 B 1.25 M 1.62 B 9.46%
Number of Holdings 41 30 129 70.27%
Net Assets in Top 10 603 M 718 K 756 M 9.46%
Weighting of Top 10 55.69% 26.1% 68.9% 21.62%

Top 10 Holdings

  1. Tencent Holdings Ltd 13.04%
  2. Alibaba Group Holding Ltd Ordinary Shares 11.98%
  3. JD.com Inc ADR 5.56%
  4. China Construction Bank Corp Class H 4.38%
  5. China Merchants Bank Co Ltd 4.31%
  6. AIA Group Ltd 4.06%
  7. Hong Kong Exchanges and Clearing Ltd 3.81%
  8. Ping An Insurance (Group) Co. of China Ltd 3.01%
  9. CITIC Securities Co Ltd Class H 2.86%
  10. China International Capital Corp Ltd H 2.70%

Asset Allocation

Weighting Return Low Return High MCHFX % Rank
Stocks
96.36% 83.39% 101.87% 68.92%
Cash
3.64% -1.87% 16.68% 31.08%
Preferred Stocks
0.00% 0.00% 0.00% 8.11%
Other
0.00% -0.07% 0.46% 17.57%
Convertible Bonds
0.00% 0.00% 0.00% 8.11%
Bonds
0.00% 0.00% 0.00% 8.11%

Expenses

MCHFX - Expenses

Operational Fees

MCHFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.09% 0.82% 18.03% 90.63%
Management Fee 0.66% 0.66% 1.50% 2.70%
12b-1 Fee 0.00% 0.00% 1.00% 7.69%
Administrative Fee N/A 0.05% 0.26% 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 68.93% 0.00% 344.00% 65.63%

Distributions

MCHFX - Distributions

Dividend Yield Analysis

MCHFX Category Low Category High MCHFX % Rank
Dividend Yield 0.00% 0.00% 10.06% 14.86%

Dividend Distribution Analysis

MCHFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

MCHFX Category Low Category High MCHFX % Rank
Net Income Ratio 0.96% -1.16% 3.64% 34.85%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

MCHFX - Fund Manager Analysis

Managers

Winnie Chwang


Start Date

Tenure

Tenure Rank

Apr 30, 2014

6.34

6.3%

Winnie Chwang is a Portfolio Manager at Matthews and co-manages the firm’s China and Asia ESG Strategies. She joined the Matthews in 2004 and has built her investment career at Matthews. Winnie earned an M.B.A. 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 and of the Matthews Asia ESG Fund since its inception in 2015.

Andrew Mattock


Start Date

Tenure

Tenure Rank

Apr 30, 2015

5.34

5.3%

Andrew Mattock is a Portfolio Manager at Matthews and co-manages the firm’s China strategy. 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 and began his career at PricewaterhouseCoopers and qualified as a Chartered Accountant. Andrew has been a Portfolio Manager of the Matthews China Fund since 2015

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 26.57 3.78 11.67