Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
1.32% 97.70M 2.58% 76.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-18.17M 32.28% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks total return with an emphasis on providing current income. Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its total net assets in income-paying equity securities and convertible securities of companies located in China and Taiwan.
General
Security Type Mutual Fund
Broad Asset Class International Equity
Broad Category Equity
Global Peer Group Equity China
Peer Group China Region Funds
Global Macro Equity Emerging Markets
US Macro Emerging Markets Equity Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective China Region Funds
Fund Owner Firm Name Matthews Asia
Broad Asset Class Benchmark Index
^MSACXUSNTR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 72
-85.24M Peer Group Low
233.68M Peer Group High
1 Year
% Rank: 75
-18.17M
-2.622B Peer Group Low
686.65M Peer Group High
3 Months
% Rank: 78
-727.88M Peer Group Low
292.95M Peer Group High
3 Years
% Rank: 88
-761.76M Peer Group Low
399.25M Peer Group High
6 Months
% Rank: 84
-780.71M Peer Group Low
679.06M Peer Group High
5 Years
% Rank: 92
-1.118B Peer Group Low
3.535B Peer Group High
YTD
% Rank: 82
-2.459B Peer Group Low
809.40M Peer Group High
10 Years
% Rank: 82
-2.335B Peer Group Low
5.731B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
-9.98%
15.00%
24.22%
-0.49%
-16.74%
-20.67%
14.94%
30.36%
-14.20%
21.51%
10.65%
7.82%
-16.00%
15.62%
5.53%
29.89%
-21.42%
34.56%
43.05%
-12.26%
-24.40%
-19.22%
17.86%
30.43%
-18.21%
26.53%
48.55%
-14.03%
-30.52%
-18.55%
13.30%
32.54%
--
--
64.11%
3.88%
-26.79%
-18.49%
-3.05%
21.00%
-20.21%
30.00%
14.54%
-6.70%
-23.66%
-14.51%
0.07%
29.43%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 2.84%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 46
Stock
Weighted Average PE Ratio 18.46
Weighted Average Price to Sales Ratio 4.628
Weighted Average Price to Book Ratio 2.974
Weighted Median ROE 15.24%
Weighted Median ROA 7.83%
ROI (TTM) 12.35%
Return on Investment (TTM) 12.35%
Earning Yield 0.0735
LT Debt / Shareholders Equity 0.3837
Number of Equity Holdings 42
As of September 30, 2025

Growth Metrics

EPS Growth (1Y) 32.46%
EPS Growth (3Y) 13.87%
EPS Growth (5Y) 12.25%
Sales Growth (1Y) 6.78%
Sales Growth (3Y) 9.37%
Sales Growth (5Y) 12.26%
Sales per Share Growth (1Y) 7.26%
Sales per Share Growth (3Y) 9.79%
Operating Cash Flow - Growth Rate (3Y) 20.43%
As of September 30, 2025

Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.05%
Stock 96.58%
Bond 0.00%
Convertible 0.00%
Preferred 0.00%
Other 3.37%
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Top 10 Holdings

Name % Weight Price % Change
Tencent Holdings Ltd. 12.40% 78.73 0.55%
Alibaba Group Holding Ltd. 10.93% 19.98 -2.80%
Ping An Insurance (Group) Co. of China Ltd. 4.73% 7.50 3.45%
China Construction Bank Corp. 3.75% 1.015 -1.46%
China Merchants Bank Co., Ltd. 3.53% 6.66 0.00%
China Everbright Environment Group Ltd. 3.30% 0.6663 0.00%
OTHER ASSETS LESS LIABILITIES
3.18% -- --
Anhui Expressway Co., Ltd. 3.05% 1.27 0.00%
PetroChina Co., Ltd. 3.01% 1.115 -0.89%
CONTEMPORARY AMPEREX TECHNOLOGY CO LTD ORD
2.95% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.71%
Administration Fee 147.6K%
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee 0.00%
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 2500.00 None
Minimum Subsequent Investment 100.00 None

Basic Info

Investment Strategy
The Fund seeks total return with an emphasis on providing current income. Under normal market conditions, the Fund seeks to achieve its investment objective by investing at least 80% of its total net assets in income-paying equity securities and convertible securities of companies located in China and Taiwan.
General
Security Type Mutual Fund
Broad Asset Class International Equity
Broad Category Equity
Global Peer Group Equity China
Peer Group China Region Funds
Global Macro Equity Emerging Markets
US Macro Emerging Markets Equity Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective China Region Funds
Fund Owner Firm Name Matthews Asia
Broad Asset Class Benchmark Index
^MSACXUSNTR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 2.84%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 46
Stock
Weighted Average PE Ratio 18.46
Weighted Average Price to Sales Ratio 4.628
Weighted Average Price to Book Ratio 2.974
Weighted Median ROE 15.24%
Weighted Median ROA 7.83%
ROI (TTM) 12.35%
Return on Investment (TTM) 12.35%
Earning Yield 0.0735
LT Debt / Shareholders Equity 0.3837
Number of Equity Holdings 42
As of September 30, 2025

Growth Metrics

EPS Growth (1Y) 32.46%
EPS Growth (3Y) 13.87%
EPS Growth (5Y) 12.25%
Sales Growth (1Y) 6.78%
Sales Growth (3Y) 9.37%
Sales Growth (5Y) 12.26%
Sales per Share Growth (1Y) 7.26%
Sales per Share Growth (3Y) 9.79%
Operating Cash Flow - Growth Rate (3Y) 20.43%
As of September 30, 2025

Fund Details

Key Dates
Inception Date 11/30/2009
Last Annual Report Date 12/31/2024
Last Prospectus Date 4/30/2025
Share Classes
MICDX Inst
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:MCDFX", "name")
Broad Asset Class: =YCI("M:MCDFX", "broad_asset_class")
Broad Category: =YCI("M:MCDFX", "broad_category_group")
Prospectus Objective: =YCI("M:MCDFX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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