MAKOX: Matthews Korea Investor

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MAKOX Matthews Korea Investor


Profile

MAKOX - Profile

Vitals

  • YTD Return -7.8%
  • 3 Yr Annualized Return -11.6%
  • 5 Yr Annualized Return -7.5%
  • Net Assets $129 M
  • Holdings in Top 10 45.6%

52 WEEK LOW AND HIGH

$4.04
$3.99
$4.83

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.14%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 35.60%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Miscellaneous Region

Distributions

  • YTD Total Return -7.8%
  • 3 Yr Annualized Total Return -4.4%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Matthews Korea Fund
  • Fund Family Name
    Matthews Asia Funds
  • Inception Date
    Jan 03, 1995
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Oh

Fund Description

Under normal market conditions, 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 South Korea. A company or other issuer is considered to be "located" in a country or a region, and a security or instrument is deemed to be an Asian (or specific country) security or instrument, if it has substantial ties to that country or region.


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Categories

Fund Company Quick Screens

MAKOX - Fund Company Quick Screens


Performance

MAKOX - Performance

Return Ranking - Trailing

Period MAKOX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.8% -7.8% 2.7% 100.00%
1 Yr -16.4% -16.4% 25.3% 100.00%
3 Yr -11.6%* -11.6% 24.9% 100.00%
5 Yr -7.5%* -7.5% 7.3% 98.65%
10 Yr 0.0%* -6.3% 6.7% 82.86%

* Annualized

Return Ranking - Calendar

Period MAKOX Return Category Return Low Category Return High Rank in Category (%)
2019 -4.4% -4.4% 44.7% 100.00%
2018 -33.7% -47.1% -11.8% 90.70%
2017 31.6% -0.9% 104.2% 74.07%
2016 -14.6% -18.0% 17.1% 93.83%
2015 8.8% -31.2% 8.8% 1.35%

Total Return Ranking - Trailing

Period MAKOX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.8% -7.8% 2.7% 100.00%
1 Yr -16.4% -16.4% 25.3% 100.00%
3 Yr -4.4%* -7.3% 25.6% 96.30%
5 Yr 0.0%* -7.5% 8.0% 93.24%
10 Yr 5.6%* -6.3% 9.5% 37.14%

* Annualized

Total Return Ranking - Calendar

Period MAKOX Return Category Return Low Category Return High Rank in Category (%)
2019 -4.4% -4.4% 44.7% 100.00%
2018 -22.0% -47.1% -9.5% 79.07%
2017 41.6% 16.8% 104.2% 38.27%
2016 -6.2% -18.0% 19.6% 95.06%
2015 15.2% -31.0% 15.3% 2.70%

NAV & Total Return History


Holdings

MAKOX - Holdings

Concentration Analysis

MAKOX Category Low Category High MAKOX % Rank
Net Assets 129 M 5.51 M 8.09 B 53.68%
Number of Holdings 42 2 208 80.00%
Net Assets in Top 10 63.6 M 2.67 M 2.92 B 46.32%
Weighting of Top 10 45.55% 21.2% 99.5% 43.16%

Top 10 Holdings

  1. Samsung Electronics Co Ltd Participating Preferred 11.64%
  2. Hyundai Mobis Co Ltd 5.17%
  3. NAVER Corp 4.61%
  4. Samsung Electronics Co Ltd 4.42%
  5. LG Household & Health Care Ltd Participating Preferred 4.25%
  6. Samsung Fire & Marine Insurance Co Ltd Participating Preferred 3.38%
  7. Hyundai Motor Co Participating Preferred 3.15%
  8. Orion Corp (Spin Co) 3.12%
  9. KT&G Corp 2.92%
  10. BGF Retail Co Ltd 2.88%

Asset Allocation

Weighting Return Low Return High MAKOX % Rank
Stocks
97.86% 84.76% 100.63% 33.68%
Cash
2.14% -0.62% 14.89% 61.05%
Preferred Stocks
0.00% 0.00% 2.15% 74.74%
Other
0.00% 0.00% 3.48% 75.79%
Convertible Bonds
0.00% 0.00% 11.31% 72.63%
Bonds
0.00% 0.00% 4.46% 72.63%

Expenses

MAKOX - Expenses

Operational Fees

MAKOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.14% 0.30% 13.31% 81.91%
Management Fee 0.66% 0.60% 1.10% 15.79%
12b-1 Fee 0.00% 0.00% 1.00% 27.59%
Administrative Fee N/A 0.01% 0.25% 80.39%

Sales Fees

MAKOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

MAKOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 77.27%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MAKOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 35.60% 1.00% 360.00% 44.21%

Distributions

MAKOX - Distributions

Dividend Yield Analysis

MAKOX Category Low Category High MAKOX % Rank
Dividend Yield 0.00% 0.00% 8.42% 72.63%

Dividend Distribution Analysis

MAKOX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

MAKOX Category Low Category High MAKOX % Rank
Net Income Ratio 1.01% -1.69% 2.82% 32.63%

Capital Gain Distribution Analysis

MAKOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MAKOX - Fund Manager Analysis

Managers

Michael Oh


Start Date

Tenure

Tenure Rank

Jan 01, 2007

13.09

13.1%

Michael J. Oh is a Portfolio Manager at Matthews. Michael joined the firm in 2000 as a Research Analyst and has built his investment career at the firm. Michael received a B.A. in Political Economy of Industrial Societies from the University of California, Berkeley. He is fluent in Korean. Michael has been a Portfolio Manager since 2007.

Elli Lee


Start Date

Tenure

Tenure Rank

Apr 30, 2019

0.76

0.8%

Elli Lee is a Portfolio Manager at Matthews and co-manages the firm’s Korea Strategy. Prior to joining the firm in 2016, Elli worked at Bank of America Merrill Lynch for 10 years, most recently in Korean Equity Sales and previously as an Equity Research Analyst covering South Korea’s engineering, construction, steel and education sectors. From 2003 to 2005, Elli was an Investor Relations Specialist at Hana Financial Group in Seoul. She received a B.A. in Economics from Bates College, and is fluent in Korean.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 20.1 5.14 10.21