MITEX: Matthews Asia Innovators Fund - MutualFunds.com
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Matthews Asia Innovators Institutional

MITEX - Snapshot

Vitals

  • YTD Return 3.0%
  • 3 Yr Annualized Return 24.3%
  • 5 Yr Annualized Return 24.3%
  • Net Assets $2.1 B
  • Holdings in Top 10 48.8%

52 WEEK LOW AND HIGH

$27.62
$17.73
$32.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.95%

SALES FEES

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

BROKERAGE FEES

  • Turnover 119.81%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Compare MITEX to Popular Asia Pacific ex-Japan Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$36.90

+0.19%

$9.58 B

0.22%

$0.08

5.61%

1.08%

$94.90

+0.30%

$6.76 B

1.30%

$1.23

4.89%

0.70%

$26.98

+0.22%

$4.58 B

0.37%

$0.10

7.40%

0.92%

$60.65

+0.15%

$4.07 B

-

-

123.10%

0.19%

$91.32

+0.18%

$3.06 B

1.55%

$1.42

3.77%

0.50%

MITEX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 24.3%
  • 5 Yr Annualized Total Return 24.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.44%
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
    Apr 30, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • 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.


MITEX - Performance

Return Ranking - Trailing

Period MITEX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -9.8% 123.1% 69.09%
1 Yr 72.1% 27.0% 77.6% 5.26%
3 Yr 24.3%* -0.9% 25.2% 10.71%
5 Yr 24.3%* 5.1% 28.1% 14.55%
10 Yr 15.0%* 1.8% 15.0% 2.86%

* Annualized

Return Ranking - Calendar

Period MITEX Return Category Return Low Category Return High Rank in Category (%)
2020 83.8% -13.5% 83.8% 1.82%
2019 29.3% 4.7% 44.7% 9.09%
2018 -20.6% -32.4% -10.4% 62.00%
2017 40.6% -0.9% 74.8% 33.33%
2016 -17.8% -18.0% 14.5% 97.92%

Total Return Ranking - Trailing

Period MITEX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -9.8% 124.1% 69.09%
1 Yr 72.1% 27.0% 77.6% 5.26%
3 Yr 24.3%* -0.9% 25.2% 7.14%
5 Yr 24.3%* 5.1% 28.1% 14.55%
10 Yr 15.0%* 1.8% 15.0% 2.86%

* Annualized

Total Return Ranking - Calendar

Period MITEX Return Category Return Low Category Return High Rank in Category (%)
2020 83.8% -13.5% 83.8% 1.82%
2019 29.3% 4.7% 44.7% 9.09%
2018 -18.4% -27.5% -9.5% 70.00%
2017 51.5% 11.4% 76.8% 10.42%
2016 -17.8% -18.0% 14.5% 97.92%

NAV & Total Return History


MITEX - Holdings

Concentration Analysis

MITEX Category Low Category High MITEX % Rank
Net Assets 2.1 B 4.89 M 9.58 B 19.30%
Number of Holdings 43 34 1629 75.44%
Net Assets in Top 10 1.02 B 1.51 M 3.21 B 19.30%
Weighting of Top 10 48.76% 18.5% 65.0% 7.02%

Top 10 Holdings

  1. Alibaba Group Holding Ltd Ordinary Shares 7.80%
  2. Alibaba Group Holding Ltd Ordinary Shares 7.80%
  3. Alibaba Group Holding Ltd Ordinary Shares 7.80%
  4. Alibaba Group Holding Ltd Ordinary Shares 7.80%
  5. Alibaba Group Holding Ltd Ordinary Shares 7.80%
  6. Alibaba Group Holding Ltd Ordinary Shares 7.80%
  7. Alibaba Group Holding Ltd Ordinary Shares 7.80%
  8. Alibaba Group Holding Ltd Ordinary Shares 7.80%
  9. Alibaba Group Holding Ltd Ordinary Shares 7.80%
  10. Alibaba Group Holding Ltd Ordinary Shares 7.80%

Asset Allocation

Weighting Return Low Return High MITEX % Rank
Stocks
97.05% 83.42% 100.07% 56.14%
Cash
2.95% -0.07% 7.09% 35.09%
Preferred Stocks
0.00% 0.00% 0.06% 24.56%
Other
0.00% 0.00% 3.23% 50.88%
Convertible Bonds
0.00% 0.00% 9.19% 22.81%
Bonds
0.00% -0.05% 1.19% 22.81%

MITEX - Expenses

Operational Fees

MITEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.95% 0.12% 3.50% 70.91%
Management Fee 0.67% 0.12% 1.00% 36.84%
12b-1 Fee 0.00% 0.00% 1.00% 15.38%
Administrative Fee N/A 0.05% 0.15% 56.86%

Sales Fees

MITEX 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

MITEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% 13.64%

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.

MITEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 119.81% 5.00% 231.00% 94.44%

MITEX - Distributions

Dividend Yield Analysis

MITEX Category Low Category High MITEX % Rank
Dividend Yield 0.00% 0.00% 2.00% 38.60%

Dividend Distribution Analysis

MITEX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

MITEX Category Low Category High MITEX % Rank
Net Income Ratio -0.44% -1.71% 4.99% 80.00%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

MITEX - Fund Manager Analysis

Managers

Michael Oh


Start Date

Tenure

Tenure Rank

Jan 04, 2006

15.41

15.4%

Michael J. Oh is a Portfolio Manager at Matthews. He manages the firm’s Asia Innovators and Korea Strategies. Michael joined the Matthews in 2000 as a Research Analyst and has built his investment career at the Matthews. 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 of the Matthews Korea Fund since 2007 and of the Matthews Asia Innovators Fund since 2006.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 21.43 5.75 3.99