MPACX: Matthews Asia Growth Fund - MutualFunds.com
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Matthews Asia Growth Investor

MPACX - Snapshot

Vitals

  • YTD Return 2.3%
  • 3 Yr Annualized Return 13.2%
  • 5 Yr Annualized Return 16.8%
  • Net Assets $2.28 B
  • Holdings in Top 10 32.6%

52 WEEK LOW AND HIGH

$39.91
$30.31
$46.21

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.08%

SALES FEES

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

BROKERAGE FEES

  • Turnover 42.78%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Diversified Pacific/Asia

Compare MPACX to Popular Asia Pacific Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$83.67

-0.44%

$8.79 B

1.88%

$1.58

5.13%

0.08%

$16.04

-0.19%

$8.79 B

-

$0.00

5.87%

0.23%

$23.08

0.00%

$5.67 B

1.11%

$0.26

1.99%

1.03%

$40.35

+1.10%

$2.28 B

0.37%

$0.15

2.31%

1.08%

$45.38

-0.92%

$1.33 B

0.21%

$0.10

3.47%

1.11%

MPACX - Profile

Distributions

  • YTD Total Return 2.3%
  • 3 Yr Annualized Total Return 13.2%
  • 5 Yr Annualized Total Return 16.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.35%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Matthews Asia Growth Fund
  • Fund Family Name
    Matthews Asia Funds
  • Inception Date
    Oct 31, 2003
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Taizo Ishida

Fund Description

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. It may also invest in convertible securities, of any duration or quality, including those that are unrated, or would be below investment grade if rated, of Asian companies. Asia consists of all countries and markets in Asia, and includes developed, emerging, and frontier countries and markets in the Asian region.


MPACX - Performance

Return Ranking - Trailing

Period MPACX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% 1.2% 5.9% 100.00%
1 Yr 47.0% 29.1% 47.4% 27.27%
3 Yr 13.2%* 1.8% 14.7% 27.27%
5 Yr 16.8%* 5.0% 17.0% 18.18%
10 Yr 10.3%* 6.8% 11.2% 33.33%

* Annualized

Return Ranking - Calendar

Period MPACX Return Category Return Low Category Return High Rank in Category (%)
2020 40.4% 8.8% 40.5% 18.18%
2019 24.9% 8.8% 31.2% 27.27%
2018 -17.5% -25.8% -15.1% 54.55%
2017 29.5% 17.9% 34.1% 27.27%
2016 -0.2% -0.2% 2.6% 90.00%

Total Return Ranking - Trailing

Period MPACX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.3% 1.2% 5.9% 100.00%
1 Yr 47.0% 29.1% 47.4% 27.27%
3 Yr 13.2%* 1.8% 14.7% 27.27%
5 Yr 16.8%* 5.0% 17.0% 18.18%
10 Yr 10.3%* 6.8% 11.2% 33.33%

* Annualized

Total Return Ranking - Calendar

Period MPACX Return Category Return Low Category Return High Rank in Category (%)
2020 40.4% 8.8% 40.5% 18.18%
2019 24.9% 8.8% 31.2% 27.27%
2018 -16.2% -25.8% -12.6% 45.45%
2017 39.4% 17.9% 40.1% 27.27%
2016 0.9% 0.9% 4.4% 100.00%

NAV & Total Return History


MPACX - Holdings

Concentration Analysis

MPACX Category Low Category High MPACX % Rank
Net Assets 2.28 B 8.83 M 8.79 B 63.64%
Number of Holdings 77 72 2430 72.73%
Net Assets in Top 10 728 M 1.99 M 1.46 B 63.64%
Weighting of Top 10 32.62% 15.5% 32.6% 9.09%

Top 10 Holdings

  1. Bilibili Inc ADR 5.50%
  2. WuXi Biologics (Cayman) Inc Registered Shs Unitary 144A/Reg S 5.15%
  3. WuXi Biologics (Cayman) Inc Registered Shs Unitary 144A/Reg S 5.15%
  4. WuXi Biologics (Cayman) Inc Registered Shs Unitary 144A/Reg S 5.15%
  5. WuXi Biologics (Cayman) Inc Registered Shs Unitary 144A/Reg S 5.15%
  6. WuXi Biologics (Cayman) Inc Registered Shs Unitary 144A/Reg S 5.15%
  7. WuXi Biologics (Cayman) Inc Registered Shs Unitary 144A/Reg S 5.15%
  8. WuXi Biologics (Cayman) Inc Registered Shs Unitary 144A/Reg S 5.15%
  9. WuXi Biologics (Cayman) Inc Registered Shs Unitary 144A/Reg S 5.15%
  10. WuXi Biologics (Cayman) Inc Registered Shs Unitary 144A/Reg S 5.15%

Asset Allocation

Weighting Return Low Return High MPACX % Rank
Stocks
97.52% 97.52% 100.05% 90.91%
Cash
2.48% -0.14% 2.48% 9.09%
Preferred Stocks
0.00% 0.00% 0.00% 54.55%
Other
0.00% 0.00% 0.09% 63.64%
Convertible Bonds
0.00% 0.00% 0.00% 54.55%
Bonds
0.00% 0.00% 0.00% 54.55%

Stock Sector Breakdown

Weighting Return Low Return High MPACX % Rank
Healthcare
39.66% 8.39% 39.66% 9.09%
Technology
12.80% 11.31% 27.28% 72.73%
Communication Services
11.89% 6.48% 11.89% 9.09%
Consumer Cyclical
10.38% 9.74% 17.95% 81.82%
Financial Services
8.85% 8.85% 17.79% 90.91%
Industrials
5.24% 5.24% 17.79% 90.91%
Consumer Defense
3.88% 2.86% 5.87% 81.82%
Energy
3.44% 0.69% 3.44% 9.09%
Real Estate
2.36% 2.36% 7.61% 90.91%
Basic Materials
1.50% 1.50% 10.81% 90.91%
Utilities
0.00% 0.00% 2.02% 90.91%

Stock Geographic Breakdown

Weighting Return Low Return High MPACX % Rank
Non US
93.54% 93.54% 99.50% 90.91%
US
3.98% 0.00% 3.98% 9.09%

MPACX - Expenses

Operational Fees

MPACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.08% 0.08% 1.11% 18.18%
Management Fee 0.67% 0.06% 0.87% 72.73%
12b-1 Fee 0.00% 0.00% 0.00% 80.00%
Administrative Fee N/A N/A N/A 73.23%

Sales Fees

MPACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

MPACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 71.15%

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.

MPACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 42.78% 4.00% 117.00% 81.82%

MPACX - Distributions

Dividend Yield Analysis

MPACX Category Low Category High MPACX % Rank
Dividend Yield 0.00% 0.00% 1.02% 63.64%

Dividend Distribution Analysis

MPACX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

MPACX Category Low Category High MPACX % Rank
Net Income Ratio -0.35% -0.35% 2.67% 100.00%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

MPACX - Fund Manager Analysis

Managers

Taizo Ishida


Start Date

Tenure

Tenure Rank

Jan 01, 2007

14.42

14.4%

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.

Michael Oh


Start Date

Tenure

Tenure Rank

Aug 31, 2020

0.75

0.8%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 14.42 5.28 5.26