497 1 d88967d497.htm FORM 497 Form 497

MATTHEWS ASIA FUNDS

SUPPLEMENT DATED AUGUST 24, 2020

TO THE STATEMENT OF ADDITIONAL INFORMATION

DATED APRIL 29, 2020, AS SUPPLEMENTED (THE “SAI”)

For all existing and prospective shareholders of Matthews Asia Funds:

Effective as of August 31, 2020, Tiffany Hsiao, CFA, YuanYuan Ji and Beini Zhou, CFA, will no longer act as Portfolio Managers of the Trust. All references to Mses. Hsiao and Ji and Mr. Zhou are removed in their entirety as of the same date.

For all existing and prospective shareholders of Matthews China Small Companies Fund:

Effective as of August 31, 2020, Winnie Chwang and Andrew Mattock, CFA, will act as Lead Managers of the Matthews China Small Companies Fund. Therefore, effective as of the same date, the following disclosure is added to the table under the heading “Management of the Funds – Trustees and Officers” on page 41 of the SAI:

 

Name and
Year of Birth

  

Position(s) Held
with the Trust

  

Term of Office
and Length of
Time  Served

  

Principal Occupation(s) During Past 5  Years

OFFICERS WHO ARE NOT TRUSTEES1

Winnie Chwang

Born 1982

   Vice President    Since 2020    Portfolio Manager (since 2014), Matthews (investment management).

 

1

Each officer serves at the pleasure of the Board of Trustees. Each officer is considered an “interested person” of the Trust as defined under the 1940 Act because of an ownership interest in Matthews and/or an office held with the Trust or Matthews.

In addition, effective August 31, 2020, the following disclosure is added to the table under the heading “Management of the Funds – Portfolio Managers” on page 68 of the SAI:

 

Name of Portfolio Manager

  

Account
Category

   Number
of
Accounts
   Total Assets in
Accounts
   Number of
Accounts
Where
Advisory Fee
is Based on
Account
Performance
   Total Assets
in Accounts
Where
Advisory Fee
is Based on
Account
Performance
Winnie Chwang*
Lead Manager of the Matthews China Small Companies Fund; Co-Manager of the Matthews Asia ESG and Matthews China Funds
   Registered Investment Companies    0    0    0    0
   Other Pooled Investment Vehicles    0    0    0    0
   Other Accounts    0    0    0    0

 

*

Information for Ms. Chwang is provided as of July 31, 2020.


In addition, effective August 31, 2020, the following disclosure is added to the table under the heading “Management of the Funds – Portfolio Managers” on page 71 of the SAI:

 

Name of Portfolio Manager

  

Dollar Range of Equity Securities in Each Fund

Winnie Chwang†   

•  Matthews Asia Dividend Fund*

   $1-$10,000
  

•  Matthews Asia Growth Fund*

   $10,001-$50,000
  

•  Matthews China Fund*

   $50,001-$100,000
  

•  Matthews India Fund*

   $1-10,000
  

•  Matthews Asia Small Companies Fund*

   $1-10,000
  

•  Matthews China Small Companies Fund

   $50,001-$100,000

 

*

The Portfolio Manager does not have responsibility for the day-to-day management of this Fund’s portfolio.

Information regarding equity securities beneficially owned by Ms. Chwang is provided as of July 31, 2020.

Please retain this Supplement with your records.