Address And Details
|Four Embarcadero Center, Ste 550 , San Francisco, CA 94111|
|Fund Manager||J. Michael Oh|
|Manager Tenure||15 Years 10 Months|
Strategy And Objective
Long-term capital appreciation. Under normal circumstances, the Matthews Asia Innovators 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. Asia consists of all countries and markets in Asia, including developed, emerging, and frontier countries and markets in the Asian region. Certain emerging market countries may also be classified as frontier market countries, which are a subset of emerging market countries with newer or even less developed economies and markets, such as Sri Lanka and Vietnam. 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. Matthews currently makes that determination based primarily on one or more of the following criteria: (A) with respect to a company or issuer, whether (i) it is organized under the laws of that country or any country in that region; (ii) it derives at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed, or has at least 50% of its assets located, within that country or region; (iii) it has the primary trading markets for its securities in that country or region.
Net Asset Value
- 1 Week
- 1 Month
- 3 Months
- 1 Yr Return
- 5 Yr Return
Equity Sector Breakdown
|Asset Type||% Of Allocation|
|Total Net Assets||732.98 M|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$500|
|Timeframe||Average Annual Current Performance Monthly As Of 10/31/2021||Average Annual Current Performance Quarterly As Of 09/30/2021||Avg Annual Current Performance Monthly As Of 10/31/2021||Avg Annual Current Performance Quarterly As Of 09/30/2021|
|Life Of Fund||
Top 10 Holdings
|Symbol||Company Name||% Of Assets|
|2269.HK||WUXI BIOLOGICS CAYMAN INC||5.04%|
|3690||MEITUAN CLASS B||4.78%|
|0700.HK||TENCENT HOLDINGS LTD||4.62%|
|HDBK.NS||HDFC BANK LTD||4.51%|
|JD||JD COM INC||4.15%|
|ICBK.NS||ICICI BANK LTD||3.93%|
|1299.HK||AIA GROUP LTD||3.28%|
Master The Market with the Help of Our Financial Experts
Recent Articles from TheStreet
Black Friday Sales Rocket As Shoppers Buy Online and Stay Home
The latest Mastercard SpendingPulse reports show retail sales up 30% compared to last year.
New Coronavirus Variant Will Not Impact Black Friday, Cyber Monday Sales
The discovery of a new Covid variant that could be resistant to current vaccines, will not hurt sales this holiday weekend, said experts.
Tesla Withdraws Request for German Aid for Battery Factory
'It has always been Tesla’s view that all subsidies should be eliminated,' Tesla CEO Elon Musk wrote on Twitter.
Bitcoin Drops, Showing Little Sign of Hedge Against Volatility
'To us [Bitcoin], it is still by and large a risk asset,' Ross Mayfield, investment strategy analyst at Baird, told Bloomberg.
Ives: Market Selloff is 'Golden Opportunity' for Tech Stocks
'We view [the move] as a clear buying opportunity, given our bullish view of the tech sector set up into 2022,' said Wedbush's Dan Ives.
VIX Soars to Eight-Month High as Covid Variant Socks Stocks
The VIX is calculated from prices of S&P 500 index options with near-term expiration dates, offering a 30-day projection of volatility.
Market Ends Down as Dow, Oil and Global Markets Feel Sting of New Covid Variant
The discovery of a new Covid variant that could be resistant to current vaccines, sent global markets plummeting Friday.
Shoppers Expected to Spend Between $8.5 And $9.6 Million This Black Friday
With both online and in-person shopping heavily underway, buyers are expected to spend between $8.5 and $9.6 million on Black Friday this year.
'More Workers Than Shoppers': Scenes From an Anemic Black Friday
The lack of deals has not gone unnoticed by some shoppers who called Black Friday a 'total bust.'