MATTHEWS ASIA INNOVATORS FUND
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
65.1%
1 yr return
101.9%
3 Yr Avg Return
35.9%
5 Yr Avg Return
9.3%
Net Assets
$433 M
Holdings in Top 10
38.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.13%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 220.45%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MITEX - Profile
Distributions
- YTD Total Return 65.1%
- 3 Yr Annualized Total Return 35.9%
- 5 Yr Annualized Total Return 9.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.43%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMATTHEWS ASIA INNOVATORS FUND
-
Fund Family NameMatthews Asia Funds
-
Inception DateApr 30, 2013
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Oh
Fund Description
MITEX - Performance
Return Ranking - Trailing
| Period | MITEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 65.1% | 1.2% | 65.1% | 2.50% |
| 1 Yr | 101.9% | 4.6% | 101.9% | 2.50% |
| 3 Yr | 35.9%* | 4.3% | 38.5% | 5.13% |
| 5 Yr | 9.3%* | -3.9% | 14.0% | 15.79% |
| 10 Yr | 15.5%* | 6.5% | 15.8% | 15.15% |
* Annualized
Return Ranking - Calendar
| Period | MITEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 30.4% | -1.5% | 43.8% | 30.00% |
| 2024 | 16.6% | -9.6% | 21.8% | 30.00% |
| 2023 | -1.8% | -7.8% | 14.0% | 68.42% |
| 2022 | -39.8% | -40.0% | 2.8% | 97.37% |
| 2021 | -29.1% | -44.2% | 15.5% | 91.89% |
Total Return Ranking - Trailing
| Period | MITEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 65.1% | 1.2% | 65.1% | 2.50% |
| 1 Yr | 101.9% | 4.6% | 101.9% | 2.50% |
| 3 Yr | 35.9%* | 4.3% | 38.5% | 5.13% |
| 5 Yr | 9.3%* | -3.9% | 14.0% | 15.79% |
| 10 Yr | 15.5%* | 6.5% | 15.8% | 15.15% |
* Annualized
Total Return Ranking - Calendar
| Period | MITEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 30.4% | 4.4% | 47.8% | 35.00% |
| 2024 | 16.6% | -6.0% | 21.8% | 30.00% |
| 2023 | -1.6% | -7.8% | 20.1% | 76.32% |
| 2022 | -24.7% | -31.3% | 5.2% | 73.68% |
| 2021 | -13.0% | -21.3% | 22.4% | 67.57% |
NAV & Total Return History
MITEX - Holdings
Concentration Analysis
| MITEX | Category Low | Category High | MITEX % Rank | |
|---|---|---|---|---|
| Net Assets | 433 M | 1.96 M | 6.39 B | 57.50% |
| Number of Holdings | 59 | 30 | 1596 | 67.50% |
| Net Assets in Top 10 | 131 M | 1.35 M | 2.87 B | 57.50% |
| Weighting of Top 10 | 38.28% | 24.3% | 76.1% | 77.50% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 6.87%
- Samsung Electronics Co Ltd. KRW100 6.36%
- SK Hynix Inc. KRW5000 3.60%
- Delta Electronics Inc. TWD10 3.45%
- Contemporary Amperex Technology Co Ltd 3.33%
- Tencent Holdings Ltd. HKD0.00002 3.03%
- Samsung Electro-Mechanics Co Ltd. KRW5000 2.92%
- Alibaba Group Holding Ltd. USD0.000003125 2.92%
- Hanwha Aerospace Co Ltd KRW5000 2.91%
- NAURA Technology Group Co Ltd. 'A'CNY1 2.90%
Asset Allocation
| Weighting | Return Low | Return High | MITEX % Rank | |
|---|---|---|---|---|
| Stocks | 97.20% | 0.00% | 100.61% | 60.00% |
| Cash | 2.80% | 0.00% | 13.67% | 22.50% |
| Preferred Stocks | 0.00% | 0.00% | 4.25% | 57.50% |
| Other | 0.00% | -0.06% | 3.93% | 55.00% |
| Convertible Bonds | 0.00% | 0.00% | 0.49% | 25.00% |
| Bonds | 0.00% | 0.00% | 86.39% | 20.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MITEX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 30.22% | 2.54% | 30.22% | 2.50% |
| Financial Services | 22.69% | 7.86% | 53.75% | 30.00% |
| Communication Services | 13.10% | 0.00% | 16.87% | 17.50% |
| Technology | 8.43% | 0.00% | 35.18% | 75.00% |
| Industrials | 7.21% | 0.00% | 28.54% | 47.50% |
| Consumer Defense | 6.21% | 0.00% | 15.16% | 35.00% |
| Healthcare | 4.68% | 0.00% | 11.60% | 60.00% |
| Energy | 3.74% | 0.00% | 7.66% | 37.50% |
| Real Estate | 3.72% | 0.00% | 16.03% | 62.50% |
| Utilities | 0.00% | 0.00% | 7.67% | 57.50% |
| Basic Materials | 0.00% | 0.00% | 24.13% | 80.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MITEX % Rank | |
|---|---|---|---|---|
| Non US | 92.08% | 0.00% | 99.99% | 50.00% |
| US | 5.12% | 0.00% | 31.38% | 35.00% |
MITEX - Expenses
Operational Fees
| MITEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.13% | 0.19% | 11.83% | 52.50% |
| Management Fee | 0.72% | 0.19% | 1.50% | 30.00% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 16.67% |
| Administrative Fee | N/A | 0.08% | 0.15% | 56.86% |
Sales Fees
| MITEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| MITEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 13.64% |
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.
| MITEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 220.45% | 9.00% | 222.00% | 90.91% |
MITEX - Distributions
Dividend Yield Analysis
| MITEX | Category Low | Category High | MITEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 8.32% | 75.00% |
Dividend Distribution Analysis
| MITEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
| MITEX | Category Low | Category High | MITEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.43% | -1.41% | 4.89% | 72.50% |
Capital Gain Distribution Analysis
| MITEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 14, 2023 | $0.023 | OrdinaryDividend |
| Dec 14, 2022 | $3.002 | CapitalGainLongTerm |
| Dec 15, 2021 | $4.337 | OrdinaryDividend |
| Dec 16, 2020 | $0.446 | OrdinaryDividend |
| Dec 17, 2019 | $0.043 | CapitalGainLongTerm |
| Dec 12, 2018 | $0.256 | CapitalGainLongTerm |
| Dec 12, 2018 | $0.068 | OrdinaryDividend |
| Dec 06, 2017 | $0.959 | CapitalGainLongTerm |
| Dec 06, 2017 | $0.108 | OrdinaryDividend |
| Dec 10, 2015 | $1.878 | CapitalGainLongTerm |
| Dec 11, 2014 | $0.084 | CapitalGainLongTerm |
| Dec 11, 2014 | $0.087 | OrdinaryDividend |
| Dec 12, 2013 | $0.031 | OrdinaryDividend |
MITEX - Fund Manager Analysis
Managers
Michael Oh
Start Date
Tenure
Tenure Rank
Jan 04, 2006
16.41
16.4%
Michael J. Oh is a Portfolio Manager at Matthews. He manages the firm’s Asia Innovators and Korea Strategies. Michael joined the Matthews in 2000 as a Research Analyst and has built his investment career at the Matthews. 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 of the Matthews Korea Fund since 2007 and of the Matthews Asia Innovators Fund since 2006.
Taizo Ishida
Start Date
Tenure
Tenure Rank
Apr 28, 2022
0.09
0.1%
Taizo Ishida is a Portfolio Manager at Matthews. He manages the firm’s Asia Growth, Emerging Asia, and Japan Strategies. Prior to joining Matthews in 2006, Taizo spent six years on the global and international teams at Wellington Management Company as a Vice President and Portfolio Manager. From 1997 to 2000, he was a Senior Securities Analyst and a member of the international investment team at USAA Investment Management Company. From 1990 to 1997, he was a Principal and Senior Research Analyst at Sanford Bernstein & Co.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 22.43 | 6.4 | 3.0 |