ASIA Profile
Matthews International Funds manages the Matthews Asia Fund (ticker: MUTF: MAPIX), which is focused on investing in common and preferred stocks of companies across the Asia Pacific region, excluding Japan. The fund targets companies with the potential for sustainable growth and spans developed, emerging, and frontier markets within the Asia Pacific area. The investment strategy primarily focuses on mid-cap and large-cap companies, although it may also consider firms of varying sizes based on key financial metrics such as book value, revenues, profits, cash flow, dividends, and employee count.
The fund's investment approach is fundamentally driven, emphasizing the selection of companies with strong balance sheets, stable cash flow, adaptability to market changes, and robust corporate governance. The manager evaluates companies based on their financial health, product lines, marketing strategies, and overall integrity. Additionally, the fund integrates environmental, social, and governance (ESG) factors into its investment process, aiming to align with sustainable and ethical investment practices. However, not all investments may meet high ESG standards, and there could be cases where a company's ESG profile is not fully assessable.
The Matthews Asia Fund diversifies its holdings across various sectors and market segments to capture growth opportunities within the Asia Pacific region. It also has the flexibility to invest in depositary receipts, including American Depositary Receipts (ADRs), European Depositary Receipts (EDRs), and Global Depositary Receipts (GDRs), to gain exposure to companies listed outside of their home markets. This strategy enhances the fund's ability to access international growth opportunities and manage currency risk.
Overall, Matthews International Funds' Asia Fund aims to provide investors with exposure to the dynamic and rapidly evolving markets of the Asia Pacific region. By focusing on fundamentally strong companies and incorporating ESG considerations, the fund seeks to deliver long-term capital appreciation while adhering to sustainable investment principles. The diversified approach and inclusion of depositary receipts further broaden the fund's investment horizon and potential for growth.
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