Matthews China Innovators Fund Institutional (MICHX)
14.63
+0.17
(+1.18%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.20% | 81.90M | 0.91% | 37.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -4.370M | 28.23% |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation. The Fund seeks to achieve its objective by investing at least 80% of its assets, which include borrowings for investment purposes, in the common and preferred stocks of Small Companies located in China. China includes its administrative and other districts, such as Hong Kong. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | Multi Cap Growth |
| 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% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
81
-793.01M
Peer Group Low
468.72M
Peer Group High
1 Year
% Rank:
58
-4.370M
-1.845B
Peer Group Low
1.388B
Peer Group High
3 Months
% Rank:
63
-1.622B
Peer Group Low
454.20M
Peer Group High
3 Years
% Rank:
81
-2.430B
Peer Group Low
1.627B
Peer Group High
6 Months
% Rank:
27
-1.681B
Peer Group Low
1.345B
Peer Group High
5 Years
% Rank:
87
-2.147B
Peer Group Low
2.016B
Peer Group High
YTD
% Rank:
31
-1.681B
Peer Group Low
1.422B
Peer Group High
10 Years
% Rank:
23
-1.093B
Peer Group Low
4.520B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | -1.31% |
| Stock | 92.43% |
| Bond | 0.00% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 8.88% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Other Assets less Liabilities
|
8.88% | -- | -- |
|
Jiangsu Boqian New Materials Stock Co Ltd ORD
|
6.97% | -- | -- |
| ACM Research, Inc. | 5.76% | 78.42 | -1.69% |
|
Acter Technology Integration Group Co Ltd ORD
|
5.66% | -- | -- |
| Kingboard Laminates Holdings Ltd. | 4.94% | 0.75 | 0.00% |
|
Yantai Jereh Oilfield Services Group Co Ltd ORD
|
3.87% | -- | -- |
|
Beijing Huafeng Test & Control Technology Co Ltd ORD
|
3.86% | -- | -- |
| ASMPT Ltd. | 3.77% | 21.00 | 0.00% |
|
Wuxi Nce Power Co Ltd ORD
|
3.54% | -- | -- |
|
Hongfa Technology Co Ltd ORD
|
3.37% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.59% |
| Administration Fee | 36070.00 None |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 2.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 100000.0 None |
| Minimum Subsequent Investment | 100.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation. The Fund seeks to achieve its objective by investing at least 80% of its assets, which include borrowings for investment purposes, in the common and preferred stocks of Small Companies located in China. China includes its administrative and other districts, such as Hong Kong. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | Multi Cap Growth |
| 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% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-25-26) | 1.90% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 53 |
| Stock | |
| Weighted Average PE Ratio | 47.68 |
| Weighted Average Price to Sales Ratio | 16.77 |
| Weighted Average Price to Book Ratio | 12.37 |
| Weighted Median ROE | 18.46% |
| Weighted Median ROA | 10.70% |
| Return on Investment (TTM) | 16.53% |
| Earning Yield | 0.8988 |
| LT Debt / Shareholders Equity | 0.0904 |
| Number of Equity Holdings | 46 |
As of June 30, 2026
Growth Metrics
| EPS Growth (1Y) | 38.51% |
| EPS Growth (3Y) | 17.81% |
| EPS Growth (5Y) | 21.11% |
| Sales Growth (1Y) | 26.61% |
| Sales Growth (3Y) | 18.40% |
| Sales Growth (5Y) | 20.64% |
| Sales per Share Growth (1Y) | 27.08% |
| Sales per Share Growth (3Y) | 17.55% |
| Operating Cash Flow - Growth Rate (3Y) | 20.70% |
As of June 30, 2026
Fund Details
| Key Dates | |
| Inception Date | 11/30/2017 |
| Last Annual Report Date | 12/31/2025 |
| Last Prospectus Date | 4/30/2026 |
| Share Classes | |
| MCSMX | Inv |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:MICHX", "name") |
| Broad Asset Class: =YCI("M:MICHX", "broad_asset_class") |
| Broad Category: =YCI("M:MICHX", "broad_category_group") |
| Prospectus Objective: =YCI("M:MICHX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |