(d)(25)
AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT
This Amendment to Investment Management Agreement (this “Amendment”), effective as of September 20, 2023, is made by and between Matthews International Funds (the “Trust”) and Matthews International Capital Management, LLC (“MICM,” and together with the Trust, the “Parties”).
Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Investment Management Agreement, dated as of June 30, 2022, as amended from time to time, by and between the Trust and MICM (the “Agreement”).
WITNESSETH THAT:
WHEREAS, the Parties originally entered into the Agreement, wherein MICM agreed to provide certain services to the Trust; and
WHEREAS, the Parties wish to amend the Agreement to provide for the addition of one separate series of the Trust.
NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein, the Parties hereto, intending to be legally bound, do hereby agree as follows:
1. The addition of the Matthews Emerging Markets Sustainable Future Active ETF, the Matthews Pacific Tiger Active ETF, the Matthews India Active ETF, the Matthews Japan Active ETF, and the Matthews Asia Dividend Active ETF, as set forth on the attached amended Appendix A and Appendix B.
2. The Agreement will otherwise remain in full force and effect.
IN WITNESS WHEREOF, the Parties hereto have caused this Amendment, including the amended Appendix A and Appendix B attached hereto, to be signed by their duly authorized officers as of the date set forth below.
MATTHEWS INTERNATIONAL FUNDS | MATTHEWS INTERNATIONAL CAPITAL | |||||||
MANAGEMENT, LLC | ||||||||
By: | /s/ John P. McGowan |
By: | /s/ James Cooper Abbott | |||||
Name: John P. McGowan | Name: James Cooper Abbott | |||||||
Title: Vice President and Secretary | Title: Chief Executive Officer | |||||||
Date: September 20, 2023 | Date: September 20, 2023 |
APPENDIX A
MATTHEWS INTERNATIONAL FUNDS
FUND SCHEDULE
(as of September 20, 2023)
Fund |
Effective Date | |||
• | Matthews Emerging Markets Equity Active ETF |
June 30, 2022 | ||
• | Matthews Asia Innovators Active ETF |
June 30, 2022 | ||
• | Matthews China Active ETF |
June 30, 2022 | ||
• | Matthews Emerging Markets ex China Active ETF |
December 30, 2022 | ||
• | Matthews Korea Active ETF |
April 28, 2023 | ||
• | Matthews Emerging Markets Sustainable Future Active ETF |
September 20, 2023 | ||
• | Matthews Pacific Tiger Active ETF |
September 20, 2023 | ||
• | Matthews India Active ETF |
September 20, 2023 | ||
• | Matthews Japan Active ETF |
September 20, 2023 | ||
• | Matthews Asia Dividend Active ETF |
September 20, 2023 |
MATTHEWS INTERNATIONAL FUNDS | MATTHEWS INTERNATIONAL CAPITAL | |||||||
MANAGEMENT, LLC | ||||||||
By: | /s/ John P. McGowan |
By: | /s/ James Cooper Abbott | |||||
Name: John P. McGowan | Name: James Cooper Abbott | |||||||
Title: Vice President and Secretary | Title: Chief Executive Officer | |||||||
Date: September 20, 2023 | Date: September 20, 2023 |
APPENDIX B
MATTHEWS INTERNATIONAL FUNDS
INVESTMENT MANAGEMENT FEE SCHEDULE
(effective September 20, 2023)
The Management Fee for each Fund is as follows:
Fund |
Investment Management Fee | |
Matthews Emerging Markets Equity Active ETF |
0.79%of average daily net assets | |
Matthews Asia Innovators Active ETF |
0.79%of average daily net assets | |
Matthews China Active ETF |
0.79%of average daily net assets | |
Matthews Emerging Markets ex China Active ETF |
0.79%of average daily net assets | |
Matthews Korea Active ETF |
0.79%of average daily net assets | |
Matthews Emerging Markets Sustainable Future Active ETF |
0.79%of average daily net assets | |
Matthews Pacific Tiger Active ETF |
0.79%of average daily net assets | |
Matthews India Active ETF |
0.79%of average daily net assets | |
Matthews Japan Active ETF |
0.79%of average daily net assets | |
Matthews Asia Dividend Active ETF |
0.79%of average daily net assets |
MATTHEWS INTERNATIONAL FUNDS | MATTHEWS INTERNATIONAL CAPITAL | |||||||
MANAGEMENT, LLC | ||||||||
By: | /s/ John P. McGowan |
By: | /s/ James Cooper Abbott | |||||
Name: John P. McGowan | Name: James Cooper Abbott | |||||||
Title: Vice President and Secretary | Title: Chief Executive Officer | |||||||
Date: September 20, 2023 | Date: September 20, 2023 |