Matthews China Small Companies Fund Institutional Class Shares (MICHX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.11
-0.07 (-0.63%)
Mar 22, 2023, 8:00 PM EDT
-0.63%
Fund Assets62.28M
Expense Ratio1.20%
Min. Investment$100,000
Turnover54.39%
Dividend (ttm)0.14
Dividend Yield1.35%
Dividend Growth-40.76%
Payout FrequencyAnnual
Ex-Dividend DateDec 18, 2024
Previous Close11.18
YTD Return22.63%
1-Year Return37.16%
5-Year Return-26.63%
52-Week Low7.73
52-Week High11.11
Beta (5Y)n/a
Holdings56
Inception DateNov 30, 2017

About MICHX

Matthews China Small Companies Fund Institutional Class is a mutual fund focused on investing in the equities of smaller, entrepreneurial companies within China. The fund seeks to capture growth opportunities in China's dynamic and fast-evolving economy by targeting firms that are typically under-researched and not widely owned by larger investors. Its portfolio is diversified across sectors such as consumer discretionary, technology, industrials, and healthcare, with an emphasis on businesses leveraged to rising domestic consumption and innovation trends in China. The fund follows a bottom-up investment approach, aiming to identify high-quality companies with sustainable growth prospects, robust management teams, and strong competitive advantages. By concentrating its investments in the small-cap segment, the fund offers exposure to parts of China’s economy that can benefit from structural reforms and rising entrepreneurship. This strategy provides investors with access to a segment of the Chinese market known for higher growth potential but also increased volatility and risk, playing a unique role in diversified international equity portfolios seeking targeted exposure to China’s rapidly developing private sector.

Fund Family Matthews Asia Funds
Category China Region
Ticker Symbol MICHX
Share Class Institutional Class Shares
Index MSCI China Small Cap TR USD

Performance

MICHX had a total return of 37.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.20%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MCSMXInvestor Class Shares1.40%

Top 10 Holdings

35.40% of assets
NameSymbolWeight
Giant Biogene Holding Co ltd23675.08%
Hongfa Technology Co Ltd6008854.41%
CHINA OVS PPT - China Overseas Property Holdings Ltd26694.15%
Full Truck Alliance Co. Ltd.YMM3.28%
DPC Dash Ltd14053.19%
Tongcheng Travel Holdings Ltd7803.16%
Atour Lifestyle Holdings LimitedATAT3.15%
JEREH GROUP - Yantai Jereh Oilfield Services Group Co Ltd0023533.10%
NetEase Cloud Music Inc98993.07%
ACM Research, Inc.ACMR2.82%

Dividend History

Ex-DividendAmountPay Date
Dec 18, 2024$0.1448Dec 18, 2024
Dec 14, 2023$0.24443Dec 14, 2023
Dec 14, 2022$0.23817Dec 14, 2022
Dec 15, 2021$2.76311Dec 15, 2021
Dec 16, 2020$2.1382Dec 16, 2020
Dec 17, 2019$0.1513Dec 17, 2019
Full Dividend History