0001752724-21-251123.txt : 20211123 0001752724-21-251123.hdr.sgml : 20211123 20211123103617 ACCESSION NUMBER: 0001752724-21-251123 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20211123 PERIOD START: 20211231 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: 211435673 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 S000068521 Matthews Emerging Markets Equity Fund C000219129 Investor Class Shares MEGMX C000219130 Institutional Class Shares MIEFX NPORT-P 1 primary_doc.xml NPORT-P false 0000923184 XXXXXXXX S000068521 C000219130 C000219129 Matthews International Funds 811-08510 0000923184 5493007IYPQKGSDVTS49 Four Embarcadero Center Suite 550 San Francisco 94111 415-788-7553 Matthews Emerging Markets Equity Fund S000068521 549300HSCRKFLIMZCY18 2021-12-31 2021-09-30 N 54425879.50 431073.79 53994805.71 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 1409140.27000000 N Meituan 21380033K525E5JLIA77 Meituan 000000000 8700.00000000 NS 277716.62000000 0.514339511640 Long EC CORP CN N 2 N N N NARI TECHNOLOGY DEVELOPMENT CO N/A NARI TECHNOLOGY CO LTD 000000000 83200.00000000 NS 460527.69000000 0.852911097547 Long EC CORP CN N 2 N N N Military Commercial Joint Stoc 5493007XE88E8JRNTJ93 Military Commercial Joint Stock Bank 000000000 689880.00000000 NS 838533.80000000 1.552989753317 Long EC CORP VN N 2 N N N Infosys Ltd 335800TYLGG93MM7PR89 Infosys Ltd 456788108 64400.00000000 NS USD 1432900.00000000 2.653773786493 Long EC CORP IN N 1 N N N Yum China Holdings Inc 529900DO9BYZ7VA3K502 Yum China Holdings Inc 98850P109 12900.00000000 NS USD 749619.00000000 1.388316876304 Long EC CORP CN N 1 N N N HDFC Bank Ltd 335800ZQ6I4E2JXENC50 HDFC Bank Ltd 40415F101 19100.00000000 NS USD 1396019.00000000 2.585469068076 Long EC CORP IN N 1 N N N Kia Corp 988400V8MJK9N7OI5X76 Kia Corp 000000000 15145.00000000 NS 1022840.95000000 1.894332124266 Long EC CORP KR N 2 N N N CTI N/A Centre Testing International Group Co Ltd 000000000 162700.00000000 NS 637791.55000000 1.181209084120 Long EC CORP CN N 2 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 Samsung Electronics Co Ltd 000000000 59471.00000000 NS 3469461.32000000 6.425546447252 Long EP CORP KR N 2 N N N Midea Group Co Ltd 3003003TRPHLHZD2IF61 Midea Group Co Ltd 000000000 85600.00000000 NS 920425.82000000 1.704656231089 Long EC CORP CN N 2 N N N KE Holdings Inc 254900RHVY072XPAZE03 KE Holdings Inc 482497104 16900.00000000 NS USD 308594.00000000 0.571525345710 Long EC CORP CN N 1 N N N Ayala Land Inc 254900EWT10TQ6DKTV34 Ayala Land Inc 000000000 817500.00000000 NS 533613.65000000 0.988268488020 Long EC CORP PH N 2 N N N First Quantum Minerals Ltd 549300I7UVBGWRYMYZ18 First Quantum Minerals Ltd 335934105 67100.00000000 NS 1242298.28000000 2.300773683069 Long EC CORP CA N 1 N N N Novatek PJSC 2138008R6GCRVBDFA581 Novatek PJSC 669888109 5080.00000000 NS USD 1330070.41000000 2.463330300962 Long EC CORP RU N 2 N N N Wuxi Biologics Cayman Inc 5493001TD2TH6VDTJU11 Wuxi Biologics Cayman Inc 000000000 56500.00000000 NS 916446.72000000 1.697286818517 Long EC CORP CN N 2 N N N JD.com Inc 549300HVTWB0GJZ16V92 JD.com Inc 47215P106 11200.00000000 NS USD 809088.00000000 1.498455248353 Long EC CORP CN N 1 N N N FPT Corp N/A FPT Corp 000000000 409348.00000000 NS 1669752.91000000 3.092432481316 Long EC CORP VN N 2 N N N Polymetal International PLC 213800JKJ5HJWYS4GR61 Polymetal International PLC 000000000 32958.00000000 NS 556868.84000000 1.031337797548 Long EC CORP RU N 2 N N N Wilcon Depot Inc N/A Wilcon Depot Inc 000000000 1657100.00000000 NS 891187.31000000 1.650505633424 Long EC CORP PH N 2 N N N Hapvida Participacoes e Invest N/A Hapvida Participacoes e Investimentos SA 000000000 262500.00000000 NS 655075.06000000 1.213218663140 Long EC CORP BR N 1 N N N Sai Gon Cargo Service Corp N/A Sai Gon Cargo Service Corp 000000000 51200.00000000 NS 307065.03000000 0.568693647402 Long EC CORP VN N 1 N N N Reliance Industries Ltd 5493003UOETFYRONLG31 Reliance Industries Ltd 000000000 24202.00000000 NS 819112.13000000 1.517020237834 Long EC CORP IN N 2 N N N LG Chem Ltd 988400IES4EIG7O06940 LG Chem Ltd 000000000 1755.00000000 NS 1138240.90000000 2.108056293624 Long EC CORP KR N 2 N N N Alibaba Group Holding Ltd 5493001NTNQJDH60PM02 Alibaba Group Holding Ltd 000000000 47400.00000000 NS 877560.79000000 1.625268909593 Long EC CORP CN N 2 N N N Weimob Inc 254900SW0TNGAGYUTV05 Weimob Inc 000000000 392000.00000000 NS 565821.17000000 1.047917781275 Long EC CORP CN N 2 N N N Dabur India Ltd 335800MJPUA2E1FSFL38 Dabur India Ltd 000000000 123978.00000000 NS 1028747.40000000 1.905271046858 Long EC CORP IN N 2 N N N Vale SA 254900SMTWBX7RU2SR20 Vale SA 91912E105 71200.00000000 NS USD 993240.00000000 1.839510276848 Long EC CORP BR N 1 N N N Techtronic Industries Co Ltd 549300HZW2SBE758OK89 Techtronic Industries Co Ltd 000000000 36000.00000000 NS 711416.19000000 1.317564126114 Long EC CORP HK N 2 N N N GCC SAB de CV 254900WY9XL8033CKX68 GCC SAB de CV 000000000 121400.00000000 NS 909551.63000000 1.684516904987 Long EC CORP MX N 1 N N N ESTUN AUTOMATION CO LTD N/A ESTUN AUTOMATION CO LTD 000000000 124400.00000000 NS 420661.86000000 0.779078384427 Long EC CORP CN N 2 N N N Globant SA 2221008DCMSPYS42DS88 Globant SA 000000000 1900.00000000 NS USD 533919.00000000 0.988834005381 Long EC CORP UY N 1 N N N Nice Ltd 254900YTY4EF5Z4W0A51 Nice Ltd 653656108 4600.00000000 NS USD 1306584.00000000 2.419832765058 Long EC CORP IL N 1 N N N Grupo Aeroportuario del Surest 5299001W7JIDXCUOUC82 Grupo Aeroportuario del Sureste SAB de CV 40051E202 5000.00000000 NS USD 935000.00000000 1.731648049669 Long EC CORP MX N 1 N N N Heineken NV 724500K5PTPSST86UQ23 Heineken NV 000000000 8769.00000000 NS 915263.08000000 1.695094681728 Long EC CORP NL N 2 N N N LUKOIL PJSC 549300LCJ1UJXHYBWI24 LUKOIL PJSC 69343P105 17524.00000000 NS USD 1664330.84000000 3.082390645016 Long EC CORP RU N 2 N N N Fix Price Group Ltd 549300EXJV1RPGZNH608 Fix Price Group Ltd 33835G205 108400.00000000 NS USD 966848.41000000 1.790632260430 Long EC CORP RU N 2 N N N Kotak Mahindra Bank Ltd 335800E6GTTXKHXE2I75 Kotak Mahindra Bank Ltd 000000000 27938.00000000 NS 751879.64000000 1.392503649403 Long EC CORP IN N 2 N N N MercadoLibre Inc 549300DKPDN9M5S8GB14 MercadoLibre Inc 58733R102 200.00000000 NS USD 335880.00000000 0.622059836281 Long EC CORP AR N 1 N N N Prologis Property Mexico SA de N/A Prologis Property Mexico SA de CV 000000000 424498.00000000 NS 921735.36000000 1.707081538454 Long EC CORP MX N 1 N N N Avenue Supermarts Ltd 335800B2ZPJKOU2ZM776 Avenue Supermarts Ltd 000000000 14280.00000000 NS 815141.83000000 1.509667123126 Long EC CORP IN N 2 N N N Grupo Financiero Banorte SAB d N/A Grupo Financiero Banorte SAB de CV 000000000 88400.00000000 NS 567748.86000000 1.051487920985 Long EC CORP MX N 1 N N N Allegro.eu SA 222100VRLXV3FPMG4982 Allegro.eu SA 000000000 33471.00000000 NS 486843.26000000 0.901648322645 Long EC CORP PL N 1 N N N Sea Ltd 529900OM6JLLW44YKI15 Sea Ltd 81141R100 3400.00000000 NS USD 1083682.00000000 2.007011574076 Long EC CORP SG N 1 N N N Magazine Luiza SA N/A Magazine Luiza SA 000000000 54400.00000000 NS 143248.59000000 0.265300686087 Long EC CORP BR N 1 N N N Banco BTG Pactual SA ZXLTQRYIK6IJH3R0IK66 Banco BTG Pactual SA 000000000 196300.00000000 NS 906928.89000000 1.679659511826 Long EC CORP BR N 1 N N N Jiumaojiu International Holdin 6556009ZSGTEPL7MEK84 Jiumaojiu International Holdings Ltd 000000000 168000.00000000 NS 506003.31000000 0.937133310040 Long EC CORP CN N 2 N N N TSMC 549300KB6NK5SBD14S87 Taiwan Semiconductor Manufacturing Co Ltd 000000000 175000.00000000 NS 3619365.29000000 6.703173096758 Long EC CORP TW N 2 N N N AIA Group Ltd ZP5ILWVSYE4LJGMMVD57 AIA Group Ltd 000000000 123000.00000000 NS 1415042.06000000 2.620700345881 Long EC CORP HK N 2 N N N Capitaland Investment Ltd/Sing 254900AT4UQDU7SNXX49 Capitaland Investment Ltd/Singapore 000000000 607900.00000000 NS 1522212.40000000 2.819183030633 Long EC CORP SG N 1 N N N CICC 529900OS3SVVTT56QN67 China International Capital Corp Ltd 000000000 328400.00000000 NS 858489.19000000 1.589947734252 Long EC CORP CN N 2 N N N Matrimony.com Ltd 335800YJELWADZ18AI56 Matrimony.com Ltd 000000000 20332.00000000 NS 263456.83000000 0.487929952771 Long EC CORP IN N 2 N N N BeiGene Ltd 549300JFUK6FRD5MH739 BeiGene Ltd 07725L102 1600.00000000 NS USD 580800.00000000 1.075659023794 Long EC CORP CN N 1 N N N Tencent Holdings Ltd 254900N4SLUMW4XUYY11 Tencent Holdings Ltd 000000000 48400.00000000 NS 2889419.90000000 5.351292336375 Long EC CORP CN N 2 N N N LVMH Moet Hennessy Louis Vuitt IOG4E947OATN0KJYSD45 LVMH Moet Hennessy Louis Vuitton SE 000000000 959.00000000 NS 686897.40000000 1.272154591479 Long EC CORP FR N 2 N N N 2021-11-17 Matthews International Funds Shai Malka Shai Malka Treasurer XXXX NPORT-EX 2 MIMA120MATT093021.htm FOR VALIDATION PURPOSES ONLY - [239746.TXA]
Matthews Emerging Markets Equity Fund    September 30, 2021

Schedule of Investmentsa (unaudited)

COMMON EQUITIES: 90.9%

 

     Shares     Value  
CHINA/HONG KONG: 25.8%    

Tencent Holdings, Ltd.

     48,400       $2,889,420  

AIA Group, Ltd.

     123,000       1,415,042  

Midea Group Co., Ltd. A Shares

     85,600       920,426  

Wuxi Biologics Cayman, Inc.b,c,d

    56,500       916,447  

Alibaba Group Holding, Ltd.c

    47,400       877,561  

China International Capital Corp., Ltd. H Sharesb,d

    328,400       858,489  

JD.com, Inc. ADRc

    11,200       809,088  

Yum China Holdings, Inc.

     12,900       749,619  

Techtronic Industries Co., Ltd.

     36,000       711,416  

Centre Testing International Group Co., Ltd. A Shares

     162,700       637,791  

BeiGene, Ltd. ADRc

    1,600       580,800  

Weimob, Inc.b,c,d

    392,000       565,821  

Jiumaojiu International Holdings, Ltd.b,d

    168,000       506,003  

NARI Technology Co., Ltd. A Shares

     83,200       460,528  

Estun Automation Co., Ltd. A Shares

     124,400       420,662  

KE Holdings, Inc. ADRc

    16,900       308,594  

Meituan B Sharesb,c,d

    8,700       277,717  
   

 

 

  

Total China/Hong Kong

       13,905,424  
   

 

 

  
   
     
INDIA: 12.0%    

Infosys, Ltd. ADR

     64,400       1,432,900  

HDFC Bank, Ltd. ADR

     19,100       1,396,019  

Dabur India, Ltd.

     123,978       1,028,747  

Reliance Industries, Ltd.

     24,202       819,112  

Avenue Supermarts, Ltd.b,c,d

    14,280       815,142  

Kotak Mahindra Bank, Ltd.

     27,938       751,880  

Matrimony.com, Ltd.b,d

    20,332       263,457  
   

 

 

  

Total India

       6,507,257  
   

 

 

  
   
     
RUSSIA: 8.4%    

LUKOIL PJSC ADR

     17,524       1,664,331  

Novatek PJSC GDRd

    5,080       1,330,071  

Fix Price Group, Ltd. GDRd

    108,400       966,848  

Polymetal International PLC

     32,958       556,869  
   

 

 

  

Total Russia

       4,518,119  
   

 

 

  
   
     
TAIWAN: 6.7%    

Taiwan Semiconductor Manufacturing Co., Ltd.

     175,000       3,619,365  
   

 

 

  

Total Taiwan

       3,619,365  
   

 

 

  
   
     
MEXICO: 6.2%    

Grupo Aeroportuario del Sureste SAB de CV ADR

     5,000       935,000  

Prologis Property Mexico SA de CV, REIT

     424,498       921,735  

GCC SAB de CV

     121,400       909,552  

Grupo Financiero Banorte SAB de CV Class O

     88,400       567,749  
   

 

 

  

Total Mexico

       3,334,036  
   

 

 

  
   
     
VIETNAM: 5.2%    

FPT Corp.

     409,348       1,669,753  

Military Commercial Joint Stock Bankc

    689,880       838,534  

Sai Gon Cargo Service Corp.

     51,200       307,065  
   

 

 

  

Total Vietnam

       2,815,352  
   

 

 

  
   
     
BRAZIL: 5.0%    

Vale SA ADR

     71,200       993,240  

Banco BTG Pactual SA

     196,300       906,929  
     Shares     Value  

Hapvida Participacoes e Investimentos SAb,d

    262,500       $655,075  

Magazine Luiza SA

     54,400       143,249  
   

 

 

  

Total Brazil

       2,698,493  
   

 

 

  
   
     
SINGAPORE: 4.8%    

Capitaland Investment, Ltd.c

    607,900       1,522,212  

Sea, Ltd. ADRc

    3,400       1,083,682  
   

 

 

  

Total Singapore

       2,605,894  
   

 

 

  
   
     
SOUTH KOREA: 4.0%    

LG Chem Ltd.

     1,755       1,138,241  

Kia Corp.

     15,145       1,022,841  
   

 

 

  

Total South Korea

       2,161,082  
   

 

 

  
   
     
PHILIPPINES: 2.6%    

Wilcon Depot, Inc.

     1,657,100       891,187  

Ayala Land, Inc.

     817,500       533,614  
   

 

 

  

Total Philippines

       1,424,801  
   

 

 

  
   
     
ISRAEL: 2.4%    

Nice, Ltd. ADRc

    4,600       1,306,584  
   

 

 

  

Total Israel

       1,306,584  
   

 

 

  
   
     
ZAMBIA: 2.3%    

First Quantum Minerals, Ltd.

     67,100       1,242,298  
   

 

 

  

Total Zambia

       1,242,298  
   

 

 

  
   
     
NETHERLANDS: 1.7%    

Heineken NV

     8,769       915,263  
   

 

 

  

Total Netherlands

       915,263  
   

 

 

  
   
     
FRANCE: 1.3%    

LVMH Moet Hennessy Louis Vuitton SE

     959       686,897  
   

 

 

  

Total France

       686,897  
   

 

 

  
   
     
UNITED STATES: 1.0%    

Globant SAc

    1,900       533,919  
   

 

 

  

Total United States

       533,919  
   

 

 

  
   
     
POLAND: 0.9%    

Allegro.eu SAb,c,d

    33,471       486,843  
   

 

 

  

Total Poland

       486,843  
   

 

 

  
   
     
ARGENTINA: 0.6%    

MercadoLibre, Inc.c

    200       335,880  
   

 

 

  

Total Argentina

       335,880  
   

 

 

  
   
     
TOTAL COMMON EQUITIES       49,097,507  
   

 

 

  

(Cost $46,489,847)

    
 

 

     matthewsasia.com  |  800.789.ASIA      1  
Matthews Emerging Markets Equity Fund    September 30, 2021

Schedule of Investmentsa (unaudited) (continued)

 

PREFERRED EQUITIES: 6.4%

    
     Shares     Value  
     
SOUTH KOREA: 6.4%    

Samsung Electronics Co., Ltd., Pfd.

     59,471       $3,469,461  
   

 

 

  

Total South Korea

       3,469,461  
   

 

 

  
   
     
TOTAL PREFERRED EQUITIES       3,469,461  
   

 

 

  

(Cost $3,080,725)

    
   
     
TOTAL INVESTMENTS: 97.3%       52,566,968  

(Cost $49,570,572)

    
   
CASH AND OTHER ASSETS,
LESS LIABILITIES: 2.7%		       1,430,988  
   

 

 

  

NET ASSETS: 100.0%

       $53,997,956  
   

 

 

  
a

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

 

b

Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. The security may be resold in transactions exempt from registration normally to qualified institutional buyers. The security has been determined to be liquid in accordance with procedures adopted by the Funds’ Board of Trustees. At September 30, 2021, the aggregate value is $5,344,994, which is 9.90% of net assets.

 

c

Non-income producing security.

 

d

The securities may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

 

ADR

American Depositary Receipt

 

GDR

Global Depositary Receipt

 

Pfd.

Preferred

 

REIT

Real Estate Investment Trust

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