Fund Research for Matthews Asian Technology (MATFX)

  • Fund Overview

    Fund Inception Date: Dec 27, 1999
    Category: Technology
    Overall Risk: Above Average
    Fund Family: Matthews Asia Funds
    Return Since Inception: -2.85%
    YTD Return: 58.39%
    Yield (TTM): 0.00%
    Net Assets: 113.14 M
    Morningstar Rating:
    4 of 5

    The investment seeks long-term capital appreciation. The fund normally invests at least 80% of total net assets in the common and preferred stocks of companies located in Asia that derive greater than 50% of their revenues from the sale of products or services in technology-related industries and services.

    You need a current version of Adobe Flash Player plugin to view this chart.

    Get Adobe Flash player
    Size
    Average Market Cap $6,634 M
    Market Capitalization Portfolio
    Giant 40.76%
    Large 33.31%
    Medium 19.45%
    Small 5.15%
    Micro 1.32%
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/20/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 12/31/1999 to 10/31/2009
    Mouseover the chart to see values for each month.

    You need a current version of Adobe Flash Player plugin to view this chart.

    Get Adobe Flash player

    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 58.39% 102.72% 0.00% 7.53% — -2.85%
    +/- Category 6.46% 19.46% 1.85% 4.84% — —
    +/- S&P 500 TR 34.50% 63.47% 5.82% 6.78% -0.95% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 51.17% 41.27% -0.65% 7.76% — -2.85%
    Quarter (as of 09/30/2009) 59.02% 20.22% 1.70% 9.08% — -2.37%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/20/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/20/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 12/27/1999
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    Information 60.16%
    Service 17.28%
    Manufacturing 22.57%

    Asset Allocation

    Short Long Net Assets
    Cash — 0.00% 0.00%
    Stocks — 100.00% 100.00%
    Bonds — 0.00% 0.00%
    Other — 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 — 100.00% 100.00%
    Data as of 06/30/2009 Data as of 06/30/2009 View Fund Portfolio

    Top 10 Holdings

    Sector P/E Return as of 10/31/2009 Net Assets
    = BAIDU INC (BIDU) Telecom 99.10 193.36% 5.71%
    + Samsung Electronics (005930) Hardware — — 3.90%
    = Taiwan Semiconductor Manufacturing (2330) Hardware — — 3.44%
    + Hon Hai Precision Ind. Co., Ltd. (2317) Consumer Goods — — 3.34%
    = CHINA MOBILE LIMITED (CHL) Telecom 12.24 -3.98% 2.92%
    - NHN Telecom — — 2.92%
    - Mediatek Inc. (2454) Hardware — — 2.52%
    - CTRIP COM INTL LTD (CTRP) Business Services 72.57 135.13% 2.36%
    - Infosys Technologies, Ltd. (INFOSYSTCH) Software — — 2.32%
    = NEW ORIENTAL ED & TECH GRP I (EDU) Business Services 50.30 22.49% 2.32%
    + Increase - Decrease = No change * New since last portfolio
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    P/E as of 11/23/2009
    All other data as of 06/30/2009
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 04/29/2009
    Expense Ratio (based on net assets) 1.33%
    Taken from annual report dated 12/31/2008

  • Fund Management

    J. Michael Oh
    Start Date: 01/04/2006
    Oh is a Portfolio Manager at Matthews. He joined Matthews in 2000 as a Research Analyst and has built his investment career at the firm, arriving at his current role as Portfolio Manager in 2006.
    Lydia So
    Start Date: 01/01/2008
    So is a Portfolio Manager at Matthews. Prior to joining Matthews in 2004, she was a Portfolio Associate at RCM Capital Management. Lydia started her investment career at Kochis Fitz Wealth Management in 1999.