0001752724-20-103271.txt : 20200526 0001752724-20-103271.hdr.sgml : 20200526 20200526151156 ACCESSION NUMBER: 0001752724-20-103271 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200331 FILED AS OF DATE: 20200526 PERIOD START: 20201231 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: 20910062 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 C000093223 C000002788 Matthews International Funds 811-08510 0000923184 5493007IYPQKGSDVTS49 Four Embarcadero Center Suite 550 San Francisco 94111 415-788-7553 Matthews Korea Fund S000001031 549300J3JC0U2LMBV296 2020-12-31 2020-03-31 N 93855450.29 1542477.79 92312972.50 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 2807689.68000000 N KT&G Corp 988400ZJV6ISYBLQX875 KT&G Corp 000000000 35614.00000000 NS 2180548.44000000 2.362125691489 Long EC CORP KR N 2 N N N Shinhan Financial Group Co Ltd 988400EB8A6G49E5KO54 Shinhan Financial Group Co Ltd 000000000 110565.00000000 NS 2586581.90000000 2.801970113138 Long EC CORP KR N 2 N N N Interojo Co Ltd N/A Interojo Co Ltd 000000000 1918.00000000 NS 34372.46000000 0.037234701764 Long EC CORP KR N 2 N N N Yuhan Corp N/A Yuhan Corp 000000000 13266.00000000 NS 2482236.14000000 2.688935338963 Long EC CORP KR N 2 N N N LOTTE Reit Co Ltd N/A LOTTE Reit Co Ltd 000000000 317568.00000000 NS 1316501.15000000 1.426128001673 Long EC CORP KR N 2 N N N Samsung SDI Co Ltd 9884002AESDO4YW87G32 Samsung SDI Co Ltd 000000000 10716.00000000 NS 2086302.70000000 2.260031979795 Long EC CORP KR N 2 N N N Lock&Lock Co Ltd N/A Lock&Lock Co Ltd 000000000 195334.00000000 NS 1447462.32000000 1.567994487448 Long EC CORP KR N 2 N N N Kia Motors Corp 988400V8MJK9N7OI5X76 Kia Motors Corp 000000000 64400.00000000 NS 1355550.56000000 1.468429109462 Long EC CORP KR N 2 N N N DongKook Pharmaceutical Co Ltd N/A DongKook Pharmaceutical Co Ltd 000000000 20021.00000000 NS 1270110.32000000 1.375874143799 Long EC CORP KR N 2 N N N S-Oil Corp 988400QTUXYDN8W3MZ32 S-Oil Corp 000000000 40100.00000000 NS 1046784.66000000 1.133951850591 Long EP CORP KR N 2 N N N Koh Young Technology Inc N/A Koh Young Technology Inc 000000000 26982.00000000 NS 1709300.20000000 1.851635965898 Long EC CORP KR N 2 N N N AfreecaTV Co Ltd N/A AfreecaTV Co Ltd 000000000 35125.00000000 NS 1500081.34000000 1.624995165224 Long EC CORP KR N 2 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 Samsung Electronics Co Ltd 000000000 165299.00000000 NS 6427076.15000000 6.962267572956 Long EC CORP KR N 2 N N N LEENO Industrial Inc N/A LEENO Industrial Inc 000000000 29543.00000000 NS 1802383.94000000 1.952470916262 Long EC CORP KR N 2 N N N LG Household & Health Care Ltd N/A LG Household & Health Care Ltd 000000000 8754.00000000 NS 4563816.34000000 4.943851569723 Long EP CORP KR N 2 N N N Orion Corp/Republic of Korea N/A Orion Corp/Republic of Korea 000000000 59138.00000000 NS 5587333.00000000 6.052597862126 Long EC CORP KR N 2 N N N Hyundai Motor Co 9884004RQX8PRBXQ8S60 Hyundai Motor Co 000000000 59873.00000000 NS 2511071.19000000 2.720171523021 Long EP CORP KR N 2 N N N Hugel Inc N/A Hugel Inc 000000000 6887.00000000 NS 1896832.66000000 2.054784510378 Long EC CORP KR N 2 N N N LG Chem Ltd 988400IES4EIG7O06940 LG Chem Ltd 000000000 16613.00000000 NS 1997804.39000000 2.164164294460 Long EP CORP KR N 2 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 Samsung Electronics Co Ltd 000000000 452443.00000000 NS 14744048.69000000 15.97180579360 Long EP CORP KR N 2 N N N NCSoft Corp N/A NCSoft Corp 000000000 2582.00000000 NS 1378025.81000000 1.492775904274 Long EC CORP KR N 2 N N N SK Hynix Inc 988400XAIK6XISWQV045 SK Hynix Inc 000000000 76482.00000000 NS 5170493.11000000 5.601047144267 Long EC CORP KR N 2 N N N BGF retail Co Ltd N/A BGF retail Co Ltd 000000000 16054.00000000 NS 1738936.92000000 1.883740576114 Long EC CORP KR N 2 N N N Kakao Corp 988400FTKUBQXKVZP434 Kakao Corp 000000000 32050.00000000 NS 4053785.02000000 4.391349244007 Long EC CORP KR N 2 N N N Hyundai Motor Co 9884004RQX8PRBXQ8S60 Hyundai Motor Co 000000000 23756.00000000 NS 1099520.77000000 1.191079368612 Long EP CORP KR N 2 N N N Hanon Systems 5493004WIDNO4WOEYG91 Hanon Systems 000000000 137870.00000000 NS 1001196.95000000 1.084567989618 Long EC CORP KR N 2 N N N KIWOOM Securities Co Ltd 988400O27CNGJA2QWJ18 KIWOOM Securities Co Ltd 000000000 25057.00000000 NS 1425958.50000000 1.544700014941 Long EC CORP KR N 2 N N N Amorepacific Corp N/A Amorepacific Corp 000000000 19528.00000000 NS 943043.40000000 1.021571913958 Long EP CORP KR N 2 N N N SFA Engineering Corp N/A SFA Engineering Corp 000000000 39632.00000000 NS 1001577.35000000 1.084980066046 Long EC CORP KR N 2 N N N Hyundai Mobis Co Ltd 988400HJA9E0ZVDHRS65 Hyundai Mobis Co Ltd 000000000 30841.00000000 NS 4266170.79000000 4.621420667609 Long EC CORP KR N 2 N N N Maeil Dairies Co Ltd 988400Q3WG3B93I21326 Maeil Dairies Co Ltd 000000000 20399.00000000 NS 1146323.75000000 1.241779696780 Long EC CORP KR N 2 N N N Shinyoung Securities Co Ltd 988400QC6B9Y6NV55763 Shinyoung Securities Co Ltd 000000000 65823.00000000 NS 2479014.13000000 2.685445027783 Long EC CORP KR N 2 N N N NAVER Corp N/A NAVER Corp 000000000 26089.00000000 NS 3627268.89000000 3.929316532408 Long EC CORP KR N 2 N N N 2020-05-22 Matthews International Funds Shai Malka Shai Malka Treasurer XXXX NPORT-EX 2 MIMA300MattKoreaFd.htm HTML
Matthews Korea Fund    March 31, 2020
Schedule of Investmentsa (unaudited)   
COMMON EQUITIES: 66.0%   

 

      Shares   Value  

INFORMATION TECHNOLOGY: 19.7%

             

Semiconductors & Semiconductor Equipment: 9.4%

  

SK Hynix, Inc.

    76,482     $5,170,493  

LEENO Industrial, Inc.

    29,543     1,802,384  

Koh Young Technology, Inc.

    26,982     1,709,300  
    

 

 

 

       8,682,177  
    

 

 

 

Technology Hardware, Storage & Peripherals: 7.0%

  

Samsung Electronics Co., Ltd.

    165,299     6,427,076  
    

 

 

 

Electronic Equipment, Instruments & Components: 3.3%

  

Samsung SDI Co., Ltd.

    10,716     2,086,303  

SFA Engineering Corp.

    39,632     1,001,577  
    

 

 

 

       3,087,880  
    

 

 

 

Total Information Technology

            18,197,133  
    

 

 

 

    

CONSUMER STAPLES: 11.5%

             

Food Products: 7.3%

     

Orion Corp.

    59,138     5,587,333  

Maeil Dairies Co., Ltd.

    20,399     1,146,324  
    

 

 

 

       6,733,657  
    

 

 

 

Tobacco: 2.3%

     

KT&G Corp.

    35,614     2,180,548  
    

 

 

 

Food & Staples Retailing: 1.9%

     

BGF Retail Co., Ltd.

    16,054     1,738,937  
    

 

 

 

Total Consumer Staples

        10,653,142  
    

 

 

 

    

COMMUNICATION SERVICES: 11.4%

             

Interactive Media & Services: 9.9%

     

Kakao Corp.

    32,050     4,053,785  

NAVER Corp.

    26,089     3,627,269  

AfreecaTV Co., Ltd.

    35,125     1,500,081  
    

 

 

 

       9,181,135  
    

 

 

 

Entertainment: 1.5%

     

NCSoft Corp.

    2,582     1,378,026  
    

 

 

 

Total Communication Services

        10,559,161  
    

 

 

 

    

CONSUMER DISCRETIONARY: 8.8%

             

Auto Components: 5.7%

     

Hyundai Mobis Co., Ltd.

    30,841     4,266,171  

Hanon Systems

    137,870     1,001,197  
    

 

 

 

       5,267,368  
    

 

 

 

Household Durables: 1.6%

     

Lock&Lock Co., Ltd.b

   195,334     1,447,462  
    

 

 

 

Automobiles: 1.5%

     

Kia Motors Corp.

    64,400     1,355,551  
    

 

 

 

Total Consumer Discretionary

        8,070,381  
    

 

 

 

    

FINANCIALS: 7.0%

             

Capital Markets: 4.2%

     

Shinyoung Securities Co., Ltd.

    65,823     2,479,014  

Kiwoom Securities Co., Ltd.

    25,057     1,425,959  
    

 

 

 

       3,904,973  
    

 

 

 

      Shares   Value  

Banks: 2.8%

     

Shinhan Financial Group Co., Ltd.

    110,565     $2,586,582  
    

 

 

 

Total Financials

        6,491,555  
    

 

 

 

    

HEALTH CARE: 6.2%

             

Pharmaceuticals: 4.1%

     

Yuhan Corp.

    13,266     2,482,236  

DongKook Pharmaceutical Co., Ltd.

    20,021     1,270,111  
    

 

 

 

       3,752,347  
    

 

 

 

Biotechnology: 2.1%

     

Hugel, Inc.b

   6,887     1,896,833  
    

 

 

 

Health Care Equipment & Supplies: 0.0%

     

Interojo Co., Ltd.

    1,918     34,372  
    

 

 

 

Total Health Care

        5,683,552  
    

 

 

 

    

REAL ESTATE: 1.4%

             

Equity REITs: 1.4%

     

LOTTE Reit Co., Ltd.

    317,568     1,316,501  
    

 

 

 

Total Real Estate

        1,316,501  
    

 

 

 

    

TOTAL COMMON EQUITIES

            60,971,425  
    

 

 

 

(Cost $68,948,834)

     
PREFERRED EQUITIES: 29.2%  

INFORMATION TECHNOLOGY: 16.0%

             

Technology Hardware, Storage & Peripherals: 16.0%

  

Samsung Electronics Co., Ltd., Pfd.

    452,443     14,744,049  
    

 

 

 

Total Information Technology

            14,744,049  
    

 

 

 

    

CONSUMER STAPLES: 6.0%

             

Personal Products: 6.0%

     

LG Household & Health Care, Ltd., Pfd.

    8,754     4,563,816  

Amorepacific Corp., Pfd.

    19,528     943,044  
    

 

 

 

Total Consumer Staples

        5,506,860  
    

 

 

 

    

CONSUMER DISCRETIONARY: 3.9%

             

Automobiles: 3.9%

     

Hyundai Motor Co., Ltd., Pfd.

    59,873     2,511,071  

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

    23,756     1,099,521  
    

 

 

 

Total Consumer Discretionary

        3,610,592  
    

 

 

 

    

MATERIALS: 2.2%

             

Chemicals: 2.2%

     

LG Chem, Ltd., Pfd.

    16,613     1,997,804  
    

 

 

 

Total Materials

        1,997,804  
    

 

 

 

    

ENERGY: 1.1%

             

Oil, Gas & Consumable Fuels: 1.1%

     

S-Oil Corp., Pfd.

    40,100     1,046,784  
    

 

 

 

Total Energy

        1,046,784  
    

 

 

 

    

TOTAL PREFERRED EQUITIES

          26,906,089  

(Cost $26,513,298)

     
 


 

matthewsasia.com  |  800.789.ASIA   1

Matthews Korea Fund    March 31, 2020
Schedule of Investmentsa (unaudited) (continued)   
PREFERRED EQUITIES (continued)

 

                     Value  

TOTAL INVESTMENTS: 95.2%

          $87,877,514  

(Cost $95,462,132)

     
CASH AND OTHER ASSETS,
LESS LIABILITIES: 4.8%		        4,471,706  
    

 

 

 

NET ASSETS: 100.0%

        $92,349,220  
    

 

 

 

 

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