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
US5771308831
577130883
Dec 26, 1999
$2,500
Large-Cap
Growth
Expense Ratio
MATFX has a high expense ratio of 1.18%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Matthews Asia Innovators Fund (MATFX) returned 5.18% year-to-date (YTD) and 12.48% over the past 12 months. Over the past 10 years, MATFX returned 7.31% annually, underperforming the S&P 500 benchmark at 10.85%.
MATFX
5.18%
4.45%
3.11%
12.48%
5.27%
5.86%
7.31%
^GSPC (Benchmark)
0.51%
5.49%
-2.00%
12.02%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of MATFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.70% | 1.61% | -0.38% | -1.74% | 5.02% | 5.18% | |||||||
| 2024 | -2.25% | 7.55% | 1.97% | -0.25% | 1.85% | 5.45% | -1.96% | 0.40% | 6.69% | -2.31% | 0.84% | -1.97% | 16.47% |
| 2023 | 10.96% | -10.52% | 3.21% | -5.00% | -2.36% | 2.79% | 6.33% | -6.47% | -4.73% | -3.72% | 8.53% | 1.56% | -1.77% |
| 2022 | -5.35% | -6.22% | -8.66% | -4.38% | 0.27% | 4.37% | -3.99% | 0.48% | -11.45% | -10.79% | 22.81% | -0.77% | -24.66% |
| 2021 | 6.74% | 0.98% | -7.89% | 1.89% | 0.41% | 3.39% | -10.77% | 3.56% | -3.90% | 4.14% | -5.36% | -5.75% | -13.38% |
| 2020 | -1.24% | 2.44% | -9.51% | 11.41% | 8.15% | 15.14% | 6.82% | 7.40% | -0.71% | 1.90% | 13.01% | 12.10% | 86.75% |
| 2019 | 7.11% | 5.72% | 3.45% | 1.14% | -7.95% | 9.20% | -2.09% | -1.75% | -0.08% | 4.81% | 1.78% | 6.14% | 29.61% |
| 2018 | 7.61% | -5.30% | 2.21% | -3.65% | 4.28% | -3.16% | -3.06% | -5.24% | -2.57% | -13.05% | 8.22% | -4.61% | -18.59% |
| 2017 | 6.24% | 4.75% | 2.93% | 3.11% | 5.28% | 4.62% | 5.25% | 0.65% | 1.15% | 4.40% | 1.77% | 3.14% | 52.78% |
| 2016 | -8.68% | -3.91% | 6.66% | 1.30% | -0.43% | 0.86% | 3.15% | 1.57% | 1.55% | -4.09% | -4.26% | -2.18% | -9.01% |
| 2015 | -0.00% | 1.84% | 2.96% | 3.50% | 2.03% | -1.79% | -5.47% | -9.72% | -2.38% | 13.79% | 2.92% | -1.53% | 4.48% |
| 2014 | -4.61% | 7.16% | -2.72% | -1.76% | 4.47% | 5.68% | -0.15% | 2.95% | -1.50% | 2.69% | 1.77% | -4.29% | 9.25% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MATFX is 31, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
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.
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Dividends
Dividend History
Matthews Asia Innovators Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $3.00 | $4.34 | $0.45 | $0.04 | $0.30 | $1.20 | $1.13 | $1.88 | $0.14 |
Dividend yield | 0.00% | 0.00% | 0.00% | 26.54% | 23.00% | 1.67% | 0.30% | 2.63% | 8.44% | 11.14% | 15.24% | 1.06% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $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 | $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 | $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 | $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 | $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 | $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 | $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 | $1.13 | $1.13 |
| 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 | $1.88 |
| 2014 | $0.14 | $0.14 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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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 35.71%.
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 |
| -22.76% | Jan 21, 2020 | 44 | Mar 23, 2020 | 39 | May 18, 2020 | 83 |
| -22.34% | May 26, 2015 | 64 | Aug 24, 2015 | 420 | Apr 25, 2017 | 484 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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