0001752724-19-172861.txt : 20191122 0001752724-19-172861.hdr.sgml : 20191122 20191121182311 ACCESSION NUMBER: 0001752724-19-172861 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191122 PERIOD START: 20191231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MATTHEWS INTERNATIONAL FUNDS CENTRAL INDEX KEY: 0000923184 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08510 FILM NUMBER: 191238269 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 S000001031 MATTHEWS KOREA FUND C000002788 Investor Class Shares MAKOX C000093223 Institutional Class Shares MIKOX NPORT-P 1 primary_doc.xml NPORT-P false 0000923184 XXXXXXXX S000001031 C000002788 C000093223 Matthews International Funds 811-08510 0000923184 5493007IYPQKGSDVTS49 Four Embarcadero Center Suite 550 San Francisco 94111 415-788-7553 Matthews Korea Fund S000001031 549300J3JC0U2LMBV296 2019-12-31 2019-09-30 N 139807066.84 246230.58 139560836.26 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2983290.24000000 N LG Household & Health Care Ltd N/A LG Household & Health Care Ltd 000000000 9218.00000000 NS 5936872.64000000 4.253967516316 Long EP CORP KR N 2 N N N Shinhan Financial Group Co Ltd 988400EB8A6G49E5KO54 Shinhan Financial Group Co Ltd 000000000 112636.00000000 NS 3935839.39000000 2.820160365525 Long EC CORP KR N 2 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 Samsung Electronics Co Ltd 000000000 150616.00000000 NS 6166830.00000000 4.418739644488 Long EC CORP KR N 2 N N N KB Financial Group Inc 529900TKE4MXG3Q6GW86 KB Financial Group Inc 000000000 65364.00000000 NS 2332937.74000000 1.671627802268 Long EC CORP KR N 2 N N N SFA Engineering Corp N/A SFA Engineering Corp 000000000 58524.00000000 NS 2065865.05000000 1.480261300635 Long EC CORP KR N 2 N N N Yuhan Corp N/A Yuhan Corp 000000000 20558.00000000 NS 3923577.26000000 2.811374139870 Long EC CORP KR N 2 N N N Samsung Fire & Marine Insuranc 988400JMBDK47EW0Z936 Samsung Fire & Marine Insurance Co Ltd 000000000 34801.00000000 NS 4723424.90000000 3.384491685905 Long EP CORP KR N 2 N N N Hyundai Motor Co 9884004RQX8PRBXQ8S60 Hyundai Motor Co 000000000 33198.00000000 NS 2118900.31000000 1.518262835608 Long EP CORP KR N 2 N N N NAVER Corp N/A NAVER Corp 000000000 49028.00000000 NS 6430770.71000000 4.607861977854 Long EC CORP KR N 2 N N N KIWOOM Securities Co Ltd 988400O27CNGJA2QWJ18 KIWOOM Securities Co Ltd 000000000 45422.00000000 NS 2572392.86000000 1.843205392670 Long EC CORP KR N 2 N N N DongKook Pharmaceutical Co Ltd N/A DongKook Pharmaceutical Co Ltd 000000000 46758.00000000 NS 2450143.29000000 1.755609493078 Long EC CORP KR N 2 N N N Orion Corp/Republic of Korea N/A Orion Corp/Republic of Korea 000000000 52951.00000000 NS 4350614.35000000 3.117360476326 Long EC CORP KR N 2 N N N Lock&Lock Co Ltd N/A Lock&Lock Co Ltd 000000000 229743.00000000 NS 2389961.42000000 1.712487173369 Long EC CORP KR N 2 N N N Chunbo Co Ltd N/A Chunbo Co Ltd 000000000 39246.00000000 NS 2151947.50000000 1.541942250898 Long EC CORP KR N 2 N N N Hankook Tire & Technology Co L 9884001BIEVM09M7AH02 Hankook Tire & Technology Co Ltd 000000000 98538.00000000 NS 2652905.94000000 1.900895703331 Long EC CORP KR N 2 N N N BGF retail Co Ltd N/A BGF retail Co Ltd 000000000 24459.00000000 NS 4025636.82000000 2.884503223024 Long EC CORP KR N 2 N N N Koh Young Technology Inc N/A Koh Young Technology Inc 000000000 23928.00000000 NS 1778088.85000000 1.274060042666 Long EC CORP KR N 2 N N N KT&G Corp 988400ZJV6ISYBLQX875 KT&G Corp 000000000 46174.00000000 NS 4073716.94000000 2.918954234704 Long EC CORP KR N 2 N N N S-Oil Corp 988400QTUXYDN8W3MZ32 S-Oil Corp 000000000 8335.00000000 NS 691066.80000000 0.495172441294 Long EC CORP KR N 2 N N N SK Hynix Inc 988400XAIK6XISWQV045 SK Hynix Inc 000000000 52830.00000000 NS 3628381.92000000 2.599856820319 Long EC CORP KR N 2 N N N Maeil Dairies Co Ltd 988400Q3WG3B93I21326 Maeil Dairies Co Ltd 000000000 22380.00000000 NS 1717768.97000000 1.230838834183 Long EC CORP KR N 2 N N N Hugel Inc N/A Hugel Inc 000000000 9702.00000000 NS 3122743.86000000 2.237550263873 Long EC CORP KR N 2 N N N Hyundai Motor Co 9884004RQX8PRBXQ8S60 Hyundai Motor Co 000000000 62086.00000000 NS 4403670.20000000 3.155376764722 Long EP CORP KR N 2 N N N Amorepacific Corp N/A Amorepacific Corp 000000000 25584.00000000 NS 1567753.21000000 1.123347532168 Long EP CORP KR N 2 N N N Minwise Co Ltd N/A Minwise Co Ltd 000000000 88362.00000000 NS 1270315.03000000 0.910223142854 Long EC CORP KR N 2 N N N Samsung SDI Co Ltd 9884002AESDO4YW87G32 Samsung SDI Co Ltd 000000000 17638.00000000 NS 3283649.32000000 2.352844399615 Long EC CORP KR N 2 N N N Orion Holdings Corp N/A Orion Holdings Corp 000000000 147529.00000000 NS 1960822.69000000 1.404994941666 Long EC CORP KR N 2 N N N DB Insurance Co Ltd 9884000ZF26VNJBWSJ91 DB Insurance Co Ltd 000000000 54341.00000000 NS 2340655.93000000 1.677158143162 Long EC CORP KR N 2 N N N Modetour Network Inc N/A Modetour Network Inc 000000000 87694.00000000 NS 1113886.52000000 0.798136891301 Long EC CORP KR N 2 N N N LG Chem Ltd 988400IES4EIG7O06940 LG Chem Ltd 000000000 20744.00000000 NS 2903114.36000000 2.080178392304 Long EP CORP KR N 2 N N N S-Oil Corp 988400QTUXYDN8W3MZ32 S-Oil Corp 000000000 37310.00000000 NS 1849924.03000000 1.325532348167 Long EP CORP KR N 2 N N N Interojo Co Ltd N/A Interojo Co Ltd 000000000 108571.00000000 NS 2300725.29000000 1.648546506065 Long EC CORP KR N 2 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 Samsung Electronics Co Ltd 000000000 492162.00000000 NS 16245817.22000000 11.64067058879 Long EP CORP KR N 2 N N N Cafe24 Corp N/A Cafe24 Corp 000000000 50275.00000000 NS 2685613.96000000 1.924332091989 Long EC CORP KR N 2 N N N Kakao Corp 988400FTKUBQXKVZP434 Kakao Corp 000000000 25944.00000000 NS 2937260.67000000 2.104645363780 Long EC CORP KR N 2 N N N S-1 Corp N/A S-1 Corp 000000000 34732.00000000 NS 2848479.87000000 2.041030955628 Long EC CORP KR N 1 N N N SK Innovation Co Ltd 988400PXP70BWVSJVF07 SK Innovation Co Ltd 000000000 11055.00000000 NS 1530813.70000000 1.096879139609 Long EC CORP KR N 2 N N N Shinyoung Securities Co Ltd 988400QC6B9Y6NV55763 Shinyoung Securities Co Ltd 000000000 67692.00000000 NS 3147019.60000000 2.254944642304 Long EC CORP KR N 2 N N N Cuckoo Homesys Co Ltd N/A Cuckoo Homesys Co Ltd 000000000 75570.00000000 NS 2658435.91000000 1.904858111517 Long EC CORP KR N 2 N N N Hyundai Mobis Co Ltd 988400HJA9E0ZVDHRS65 Hyundai Mobis Co Ltd 000000000 34325.00000000 NS 7223457.26000000 5.175848363750 Long EC CORP KR N 2 N N N Korea Zinc Co Ltd 988400D0HSQUB1I1VO41 Korea Zinc Co Ltd 000000000 2950.00000000 NS 1104190.03000000 0.791189032389 Long EC CORP KR N 2 N N N 2019-11-13 Matthews International Funds Shai Malka Shai Malka Treasurer XXXX NPORT-EX 2 MIMA300_MAT_Korea_Fund.htm NPORT-EX
Matthews Korea Fund    September 30, 2019
Schedule of Investmentsa (unaudited)   
COMMON EQUITIES: 69.3%   

 

      Shares                     Value  

INFORMATION TECHNOLOGY: 15.0%

             

Technology Hardware, Storage & Peripherals: 4.4%

 

Samsung Electronics Co., Ltd.

    150,616     $6,166,830  
    

 

 

 

Semiconductors & Semiconductor Equipment: 3.9%

 

SK Hynix, Inc.

    52,830     3,628,382  

Koh Young Technology, Inc.

    23,928     1,778,089  
    

 

 

 

       5,406,471  
    

 

 

 

Electronic Equipment, Instruments & Components: 3.9%

 

Samsung SDI Co., Ltd.

    17,638     3,283,649  

SFA Engineering Corp.

    58,524     2,065,865  
    

 

 

 

       5,349,514  
    

 

 

 

IT Services: 1.9%

     

Cafe24 Corp.b

   50,275     2,685,614  
    

 

 

 

Software: 0.9%

     

Minwise Co., Ltd.

    88,362     1,270,315  
    

 

 

 

Total Information Technology

        20,878,744  
    

 

 

 

    

CONSUMER STAPLES: 11.5%

             

Food Products: 5.7%

     

Orion Corp.

    52,951     4,350,614  

Orion Holdings Corp.

    147,529     1,960,823  

Maeil Dairies Co., Ltd.

    22,380     1,717,769  
    

 

 

 

       8,029,206  
    

 

 

 

Tobacco: 2.9%

     

KT&G Corp.

    46,174     4,073,717  
    

 

 

 

Food & Staples Retailing: 2.9%

     

BGF Retail Co., Ltd.

    24,459     4,025,637  
    

 

 

 

Total Consumer Staples

        16,128,560  
    

 

 

 

    

FINANCIALS: 10.3%

             

Banks: 4.5%

     

Shinhan Financial Group Co., Ltd.

    112,636     3,935,839  

KB Financial Group, Inc.

    65,364     2,332,938  
    

 

 

 

       6,268,777  
    

 

 

 

Capital Markets: 4.1%

     

Shinyoung Securities Co., Ltd.

    67,692     3,147,019  

Kiwoom Securities Co., Ltd.

    45,422     2,572,393  
    

 

 

 

       5,719,412  
    

 

 

 

Insurance: 1.7%

     

DB Insurance Co., Ltd.

    54,341     2,340,656  
    

 

 

 

Total Financials

        14,328,845  
    

 

 

 

    

CONSUMER DISCRETIONARY: 9.8%

             

Auto Components: 7.1%

     

Hyundai Mobis Co., Ltd.

    34,325     7,223,457  

Hankook Tire & Technology Co., Ltd.

    98,538     2,652,906  
    

 

 

 

       9,876,363  
    

 

 

 

Specialty Retail: 1.9%

     

Cuckoo Homesys Co., Ltd.

    75,570     2,658,436  
    

 

 

 

      Shares                     Value  

Hotels, Restaurants & Leisure: 0.8%

  

Modetour Network, Inc.

    87,694     $1,113,887  
    

 

 

 

Total Consumer Discretionary

        13,648,686  
    

 

 

 

    

HEALTH CARE: 8.4%

             

Pharmaceuticals: 4.6%

     

Yuhan Corp.

    20,558     3,923,577  

DongKook Pharmaceutical Co., Ltd.

    46,758     2,450,144  
    

 

 

 

       6,373,721  
    

 

 

 

Biotechnology: 2.2%

     

Hugel, Inc.b

   9,702     3,122,744  
    

 

 

 

Health Care Equipment & Supplies: 1.6%

  

Interojo Co., Ltd.

    108,571     2,300,725  
    

 

 

 

Total Health Care

        11,797,190  
    

 

 

 

    

COMMUNICATION SERVICES: 6.7%

             

Interactive Media & Services: 6.7%

     

NAVER Corp.

    49,028     6,430,771  

Kakao Corp.

    25,944     2,937,260  
    

 

 

 

Total Communication Services

        9,368,031  
    

 

 

 

    

MATERIALS: 4.0%

             

Containers & Packaging: 1.7%

     

Lock&Lock Co., Ltd.

    229,743     2,389,961  
    

 

 

 

Chemicals: 1.5%

     

Chunbo Co., Ltd.b

   39,246     2,151,948  
    

 

 

 

Metals & Mining: 0.8%

     

Korea Zinc Co., Ltd.

    2,950     1,104,190  
    

 

 

 

Total Materials

        5,646,099  
    

 

 

 

    

INDUSTRIALS: 2.0%

             

Commercial Services & Supplies: 2.0%

  

S-1 Corp.

    34,732     2,848,480  
    

 

 

 

Total Industrials

        2,848,480  
    

 

 

 

    

ENERGY: 1.6%

             

Oil, Gas & Consumable Fuels: 1.6%

     

SK Innovation Co., Ltd.

    11,055     1,530,813  

S-Oil Corp.

    8,335     691,067  
    

 

 

 

Total Energy

        2,221,880  
    

 

 

 

    

TOTAL COMMON EQUITIES

          96,866,515  
    

 

 

 

(Cost $99,740,132)

     

PREFERRED EQUITIES: 28.5%

     

INFORMATION TECHNOLOGY: 11.6%

             

Technology Hardware, Storage & Peripherals: 11.6%

 

Samsung Electronics Co., Ltd., Pfd.

    492,162     16,245,817  
    

 

 

 

Total Information Technology

        16,245,817  
    

 

 

 

    

CONSUMER STAPLES: 5.4%

             

Personal Products: 5.4%

     

LG Household & Health Care, Ltd., Pfd.

    9,218     5,936,873  
 


 

matthewsasia.com  |  800.789.ASIA   1

Matthews Korea Fund    September 30, 2019
Schedule of Investmentsa (unaudited) (continued)   
PREFERRED EQUITIES (continued)   

 

      Shares                     Value  

Amorepacific Corp., Pfd.

    25,584     $1,567,753  
    

 

 

 

Total Consumer Staples

        7,504,626  
    

 

 

 

    

CONSUMER DISCRETIONARY: 4.7%

             

Automobiles: 4.7%

     

Hyundai Motor Co., Ltd., 2nd Pfd.

    62,086     4,403,670  

Hyundai Motor Co., Ltd., Pfd.

    33,198     2,118,901  
    

 

 

 

Total Consumer Discretionary

        6,522,571  
    

 

 

 

    

FINANCIALS: 3.4%

             

Insurance: 3.4%

     

Samsung Fire & Marine Insurance Co., Ltd., Pfd.

    34,801     4,723,425  
    

 

 

 

Total Financials

        4,723,425  
    

 

 

 

    

MATERIALS: 2.1%

             

Chemicals: 2.1%

     

LG Chem, Ltd., Pfd.

    20,744     2,903,114  
    

 

 

 

Total Materials

        2,903,114  
    

 

 

 

    

ENERGY: 1.3%

             

Oil, Gas & Consumable Fuels: 1.3%

     

S-Oil Corp., Pfd.

    37,310     1,849,924  
    

 

 

 

Total Energy

        1,849,924  
    

 

 

 

    

TOTAL PREFERRED EQUITIES

          39,749,477  
    

 

 

 

(Cost $35,913,465)

     
                             Value  

TOTAL INVESTMENTS: 97.8%

          $136,615,992  

(Cost $135,653,597)

     
    

CASH AND OTHER ASSETS,

     

LESS LIABILITIES: 2.2%

        3,086,783  
    

 

 

 

    

NET ASSETS: 100.0%

        $139,702,775  
    

 

 

 

 

a

Certain securities were fair valued under the valuation policies approved by the Board of Trustees.

 

b

Non-income producing security.

 

Pfd.

Preferred

Other information regarding the Fund is available in the Funds’ most recent report to shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).

 


 

2   MATTHEWS ASIA FUNDS