Matthews Asia Innovators Fund (MATFX)
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.
Fund Info
| ISIN | US5771308831 |
|---|---|
| CUSIP | 577130883 |
| Issuer | Matthews Asia Funds |
| Inception Date | Dec 26, 1999 |
| Category | Asia Pacific Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
The Matthews Asia Innovators Fund has a high expense ratio of 1.18%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: MATFX vs. EEMA
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Matthews Asia Innovators Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Matthews Asia Innovators Fund had a return of 6.66% year-to-date (YTD) and 10.85% in the last 12 months. Over the past 10 years, Matthews Asia Innovators Fund had an annualized return of 6.94%, while the S&P 500 had an annualized return of 10.55%, indicating that Matthews Asia Innovators Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.66% | 6.33% |
| 1 month | -0.42% | -2.81% |
| 6 months | 16.18% | 21.13% |
| 1 year | 10.85% | 24.56% |
| 5 years (annualized) | 7.06% | 11.55% |
| 10 years (annualized) | 6.94% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.25% | 7.55% | 1.97% | |||||||||
| 2023 | -4.73% | -3.72% | 8.53% | 1.56% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Matthews Asia Innovators Fund(MATFX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Matthews Asia Innovators Fund (MATFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Matthews Asia Innovators Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $3.00 | $4.34 | $0.45 | $0.04 | $0.30 | $1.20 | $0.00 | $1.88 | $0.14 | $0.01 |
Dividend yield | 0.00% | 0.00% | 26.55% | 22.99% | 1.67% | 0.29% | 2.63% | 8.44% | 0.00% | 15.24% | 1.06% | 0.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Matthews Asia Innovators Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.34 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.20 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.88 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2013 | $0.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Matthews Asia Innovators Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Matthews Asia Innovators Fund was 77.90%, occurring on Oct 10, 2002. Recovery took 2758 trading sessions.
The current Matthews Asia Innovators Fund drawdown is 44.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -77.9% | Mar 10, 2000 | 646 | Oct 10, 2002 | 2758 | Oct 2, 2013 | 3404 |
| -56.73% | Feb 16, 2021 | 427 | Oct 24, 2022 | — | — | — |
| -30.81% | Jun 13, 2018 | 97 | Oct 29, 2018 | 301 | Jan 10, 2020 | 398 |
| -25% | May 26, 2015 | 401 | Dec 22, 2016 | 126 | Jun 26, 2017 | 527 |
| -22.76% | Jan 21, 2020 | 44 | Mar 23, 2020 | 39 | May 18, 2020 | 83 |
Volatility
Volatility Chart
The current Matthews Asia Innovators Fund volatility is 5.19%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.