0001144204-14-054547.txt : 20140922 0001144204-14-054547.hdr.sgml : 20140922 20140905162719 ACCESSION NUMBER: 0001144204-14-054547 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140905 DATE AS OF CHANGE: 20140922 EFFECTIVENESS DATE: 20140905 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MATTHEWS INTERNATIONAL FUNDS CENTRAL INDEX KEY: 0000923184 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-78960 FILM NUMBER: 141086261 BUSINESS ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 550 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 8007898742 MAIL ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 550 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 0000923184 S000001029 MATTHEWS PACIFIC TIGER FUND C000002785 Investor Class Shares MAPTX 0000923184 S000001030 MATTHEWS ASIAN GROWTH AND INCOME FUND C000002786 Investor Class Shares MACSX 0000923184 S000001031 MATTHEWS KOREA FUND C000002788 Investor Class Shares MAKOX 0000923184 S000001032 MATTHEWS CHINA FUND C000002790 Investor Class Shares MCHFX 0000923184 S000001033 MATTHEWS JAPAN FUND C000002791 Investor Class Shares MJFOX 0000923184 S000001034 MATTHEWS ASIA SCIENCE AND TECHNOLOGY FUND C000002792 Investor Class Shares MATFX 0000923184 S000001035 MATTHEWS ASIA GROWTH FUND C000002793 Investor Class Shares MPACX 0000923184 S000001036 MATTHEWS INDIA FUND C000002794 Investor Class Shares MINDX 0000923184 S000013856 MATTHEWS ASIA DIVIDEND FUND C000038018 Investor Class Shares MAPIX 0000923184 S000023269 MATTHEWS ASIA SMALL COMPANIES FUND C000068052 Investor Class Shares MSMLX 0000923184 S000027009 MATTHEWS CHINA DIVIDEND FUND C000081250 Investor Class Shares MCDFX 0000923184 S000032816 MATTHEWS CHINA SMALL COMPANIES FUND C000101279 Investor Class Shares MCSMX 0000923184 S000034706 MATTHEWS ASIA STRATEGIC INCOME FUND C000106893 Investor Class Shares MAINX 0000923184 S000040682 MATTHEWS ASIA FOCUS FUND C000126154 Investor Class Shares MAFSX 0000923184 S000040683 MATTHEWS EMERGING ASIA FUND C000126156 Investor Class Shares MEASX 497 1 v388411_497.htm 497

SUPPLEMENT DATED SEPTEMBER 5, 2014

TO THE INVESTOR CLASS PROSPECTUS OF

MATTHEWS ASIA FUNDS

DATED APRIL 30, 2014

 

 

For all existing and prospective Investor Class shareholders of Matthews China Fund (MCHFX):

 

Effective immediately, the following table replaces the table under the “Fees and Expenses of the Fund” section on page 22 of the prospectus in its entirety:

 

SHAREHOLDER FEES (fees paid directly from your investment)  
Redemption Fee (as a percentage of amount redeemed on shares sold or exchanged within 90 days after purchase) 2.00%
Maximum Account Fee on Redemptions (for wire redemptions only) $9
ANNUAL OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment)  
Management Fees 0.66%
Distribution (12b-1) Fees None
Other Expenses 0.43%
Administration and Shareholder Servicing Fees                                 0.14%  
Total Annual Fund Operating Expenses 1.09%

 

Effective immediately, the following table replaces the table under the “Example of Fund Expenses” section on page 22 of the prospectus in its entirety:

 

One year: $111 Three years: $347 Five years: $601 Ten years: $1,329

 

For all existing and prospective Investor Class shareholders of Matthews Asian Growth and Income Fund (MACSX), Matthews Asia Dividend Fund (MAPIX), Matthews China Dividend Fund (MCDFX), Matthews Asia Focus Fund (MAFSX), Matthews Asia Growth Fund (MPACX), Matthews Pacific Tiger Fund (MAPTX), Matthews Emerging Asia Fund (MEASX), Matthews China Fund (MCHFX), Matthews India Fund (MINDX), Matthews Japan Fund (MJFOX), Matthews Korea Fund (MAKOX), Matthews Asia Small Companies Fund (MSMLX), Matthews China Small Companies Fund (MCSMX) and Matthews Asia Science and Technology Fund (MATFX):

 

Effective immediately, the following disclosure replaces the “Use of a Special Investment Vehicle to Invest in Chinese A Shares” section on page 68 of the prospectus in its entirety:

 

Use of a Special Investment Vehicle to Invest in China A Shares

 

Matthews, together with Matthews A Share Selections Fund, LLC (the “A Share Fund”) and other investment vehicles managed by Matthews, has applied for, and has received, an exemptive order issued by the Securities and Exchange Commission (the “SEC”), which allows the Funds to gain investment exposure to stocks of Chinese companies listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange and traded and denominated in the currency of China, the renminbi (“China A Shares”), by investing in the A Share Fund. The A Share Fund is a special investment vehicle that invests exclusively in China A Shares (except for temporary holdings of cash and cash equivalents). In order for the A Share Fund to invest in China A Shares, Matthews has applied for and received a license from the China Securities Regulatory Commission as a Qualified Foreign Institutional Investor and has been allocated by the State Administration of Foreign Exchange of China a quota of up to US$100 million, representing the equivalent value in renminbi of China A Shares that the A Share Fund may purchase. The A Share Fund and its series are registered under the 1940 Act, and except as modified by the exemptive order granting the A Share Fund exemptive relief from certain provisions of and rules under the 1940 Act, the provisions of the 1940 Act apply to the A Share Fund and its series. However, neither the A Share Fund, nor any of its series, is a mutual fund.

 

 
 

 

As investors of the A Share Fund, those Funds that invest in the A Share Fund bear their share of the fees and expenses of the A Share Fund, which are indirectly borne by shareholders of those Funds. Matthews serves as the investment advisor to the A Share Fund; however, no advisory fees are charged to the A Share Fund with respect to Fund assets invested in the A Share Fund (i.e., Matthews does not receive separate advisory fees for managing the same assets), nor are those Fund assets charged a sales load by the A Share Fund. Although China A Shares generally trade in liquid markets, because of the repatriation limitations imposed by the Chinese government, a Fund’s investment in the A Share Fund may be illiquid and subject to the Fund’s policy of investing no more than 15% of its net assets in illiquid securities. A Fund that invests in the A Share Fund will aggregate its share of holdings in the A Share Fund with its Fund holdings for purposes of evaluating its concentration policy regarding investments in any industry or group of industries. Currently, the Matthews China Fund and the Matthews Asia Dividend Fund are the only Funds investing in the A Share Fund. However, other Funds and other funds or accounts managed by Matthews may in the future invest in the A Share Fund. For a further discussion of the A Share Fund and risks associated with investing in the A Share Fund, see “China A Shares” in the Funds’ SAI.

 

Please retain this Supplement with your records.