SUPPLEMENT DATED OCTOBER 31, 2019
TO THE INVESTOR CLASS PROSPECTUS OF
MATTHEWS ASIA FUNDS
DATED APRIL 30, 2019, AS SUPPLEMENTED
For all existing and prospective shareholders of the following Funds:
Matthews Emerging Asia FundInvestor Class (MEASX):
Matthews Asia Small Companies FundInvestor Class (MSMLX):
Matthews China Small Companies FundInvestor Class (MCSMX):
The Board of Trustees for these Funds has approved removing the 2.00% redemption fee described in the prospectus, effective November 1, 2019. Accordingly, existing and prospective shareholders of these Funds should note the following changes to the prospectus:
In the FUND SUMMARY for each of the above-named Funds, the line item in the table entitled SHAREHOLDER FEES providing for a redemption fee of 2.00% is hereby removed with respect to the Fund.
Under the heading Market Timing and Other Short-Term Trading Risk on page 84, the sentence referring to short-term redemption fees is hereby deleted. Similarly, the references to redemption fees under Exchanging Shares on page 95 and under Market Timing Activities and Redemption Fees on pages 96 to 98 are hereby deleted.
Please retain this Supplement with your records.