Matthews Emerging Markets Equity Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.3%
1 yr return
15.0%
3 Yr Avg Return
-0.5%
5 Yr Avg Return
N/A
Net Assets
$23.3 M
Holdings in Top 10
32.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.51%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 88.45%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MIEFX - Profile
Distributions
- YTD Total Return 13.3%
- 3 Yr Annualized Total Return -0.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.33%
- Dividend Yield 1.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMatthews Emerging Markets Equity Fund
-
Fund Family NameMatthews Asia Funds
-
Inception DateApr 30, 2020
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Lech
Fund Description
MIEFX - Performance
Return Ranking - Trailing
Period | MIEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.3% | -22.8% | 34.2% | 11.71% |
1 Yr | 15.0% | -21.0% | 33.0% | 14.86% |
3 Yr | -0.5%* | -11.5% | 10.6% | 31.76% |
5 Yr | N/A* | -6.7% | 10.4% | N/A |
10 Yr | N/A* | -1.5% | 8.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | MIEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.4% | -6.5% | 35.5% | 71.18% |
2022 | -22.4% | -50.1% | -2.4% | 30.93% |
2021 | -9.1% | -33.1% | 22.5% | 68.64% |
2020 | N/A | -22.1% | 80.1% | N/A |
2019 | N/A | -0.7% | 42.0% | N/A |
Total Return Ranking - Trailing
Period | MIEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.3% | -22.8% | 34.2% | 11.71% |
1 Yr | 15.0% | -21.0% | 33.0% | 14.86% |
3 Yr | -0.5%* | -11.5% | 10.6% | 31.76% |
5 Yr | N/A* | -6.7% | 10.4% | N/A |
10 Yr | N/A* | -1.5% | 8.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MIEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.6% | -1.0% | 42.0% | 71.33% |
2022 | -20.8% | -42.2% | 1.9% | 33.28% |
2021 | -0.4% | -32.5% | 33.1% | 45.87% |
2020 | N/A | -20.0% | 81.6% | N/A |
2019 | N/A | 2.3% | 42.0% | N/A |
NAV & Total Return History
MIEFX - Holdings
Concentration Analysis
MIEFX | Category Low | Category High | MIEFX % Rank | |
---|---|---|---|---|
Net Assets | 23.3 M | 682 K | 111 B | 90.17% |
Number of Holdings | 80 | 9 | 7534 | 65.38% |
Net Assets in Top 10 | 7.46 M | 290 K | 23.8 B | 92.31% |
Weighting of Top 10 | 32.02% | 2.9% | 101.1% | 61.06% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 8.16%
- Tencent Holdings Ltd 4.01%
- Alibaba Group Holding Ltd 3.02%
- Samsung Electronics Co Ltd 2.81%
- HDFC Bank Ltd 2.77%
- Trip.com Group Ltd 2.36%
- Ping An Insurance Group Co of China Ltd 2.28%
- Meituan 2.27%
- AIA Group Ltd 2.25%
- China Merchants Bank Co Ltd 2.10%
Asset Allocation
Weighting | Return Low | Return High | MIEFX % Rank | |
---|---|---|---|---|
Stocks | 97.30% | 0.00% | 103.28% | 53.13% |
Cash | 2.70% | -2.03% | 98.08% | 29.91% |
Preferred Stocks | 0.00% | 0.00% | 13.31% | 90.60% |
Other | 0.00% | -1.11% | 39.53% | 79.20% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 77.19% |
Bonds | 0.00% | 0.00% | 95.13% | 78.49% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MIEFX % Rank | |
---|---|---|---|---|
Technology | 26.82% | 0.00% | 47.50% | 23.81% |
Financial Services | 19.47% | 0.00% | 48.86% | 65.37% |
Consumer Cyclical | 11.95% | 0.00% | 48.94% | 51.37% |
Basic Materials | 10.60% | 0.00% | 30.03% | 26.26% |
Real Estate | 7.65% | 0.00% | 17.15% | 3.46% |
Industrials | 7.62% | 0.00% | 43.53% | 28.43% |
Consumer Defense | 5.74% | 0.00% | 25.90% | 61.18% |
Energy | 4.13% | 0.00% | 24.80% | 53.25% |
Communication Services | 3.90% | 0.00% | 39.29% | 88.31% |
Healthcare | 2.12% | 0.00% | 16.53% | 76.77% |
Utilities | 0.00% | 0.00% | 39.12% | 92.06% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MIEFX % Rank | |
---|---|---|---|---|
Non US | 73.53% | 0.00% | 100.52% | 85.33% |
US | 23.77% | 0.00% | 100.95% | 13.68% |
MIEFX - Expenses
Operational Fees
MIEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.51% | 0.03% | 29.98% | 38.14% |
Management Fee | 0.68% | 0.00% | 2.00% | 20.54% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 11.07% |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
MIEFX 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% | 5.00% | N/A |
Trading Fees
MIEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
MIEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 88.45% | 0.00% | 189.00% | 84.71% |
MIEFX - Distributions
Dividend Yield Analysis
MIEFX | Category Low | Category High | MIEFX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.13% | 0.00% | 9.74% | 43.45% |
Dividend Distribution Analysis
MIEFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
MIEFX | Category Low | Category High | MIEFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.33% | -1.98% | 17.62% | 32.54% |
Capital Gain Distribution Analysis
MIEFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 18, 2024 | $0.148 | OrdinaryDividend |
Dec 14, 2023 | $0.247 | OrdinaryDividend |
Dec 14, 2022 | $0.231 | OrdinaryDividend |
Dec 15, 2021 | $1.336 | OrdinaryDividend |
Dec 16, 2020 | $0.377 | OrdinaryDividend |
MIEFX - Fund Manager Analysis
Managers
John Lech
Start Date
Tenure
Tenure Rank
Apr 30, 2020
2.08
2.1%
John Paul Lech is a Portfolio Manager at Matthews. He manages the firm’s Emerging Markets Equity Strategy. Prior to joining the firm in 2018, he spent most of his 10 years at OppenheimerFunds as an Analyst and Portfolio Manager on a diversified emerging market equity strategy. John Paul started his career as an Analyst and Associate at Citigroup Global Markets, Inc. He is fluent in Spanish and conversational in French and Portuguese. John Paul earned both an M.A. and a B.S.F.S. from the Walsh School of Foreign Service at Georgetown University.
Alex Zarechnak
Start Date
Tenure
Tenure Rank
Apr 28, 2022
0.09
0.1%
Alex Zarechnak is a Portfolio Manager at Matthews Asia and co‑manages the firm’s Emerging Markets Equity Strategy. Prior to joining the firm in 2020, he spent a total of 15 years (1998 – 2006 and 2012 – 2019) at Wellington Management as an analyst for the firm’s flagship Emerging Markets Equity Fund as a generalist first covering CEEMEA, then Latin America. From 2006-2012, he was a regional equity analyst at Capital Group, covering Emerging Markets with a focus on energy, telecoms and consumer sectors in Latin America and CEEMEA. Alex began his Emerging Markets career as a Russia equity analyst with Templeton Emerging Markets, based in Moscow. He earned a B.A. in Economics and Government from the College of William and Mary. Alex is fluent in Russian. Alex has been a Portfolio Manager of the Matthews Emerging Markets Equity Fund since 2022.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.68 | 13.42 |