0001752724-22-123849.txt : 20220526 0001752724-22-123849.hdr.sgml : 20220526 20220526132300 ACCESSION NUMBER: 0001752724-22-123849 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220331 FILED AS OF DATE: 20220526 PERIOD START: 20221231 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: 22967776 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 S000001030 MATTHEWS ASIAN GROWTH AND INCOME FUND C000002786 Investor Class Shares MACSX C000093222 Institutional Class Shares MICSX NPORT-P 1 primary_doc.xml NPORT-P false 0000923184 XXXXXXXX S000001030 C000002786 C000093222 Matthews International Funds 811-08510 0000923184 5493007IYPQKGSDVTS49 Four Embarcadero Center Suite 550 San Francisco 94111 415-788-7553 Matthews Asian Growth and Income Fund S000001030 549300S76TI1ILC35W15 2022-12-31 2022-03-31 N 1000284984.63 2094607.93 998190376.70 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 45452288.54000000 N ENN ECOLOGICAL HOLDINGS CO LTD 300300KVDMGNQNP52Z98 ENN ECOLOGICAL HOLDINGS CO LTD 000000000 5146377.00000000 NS 14289083.92000000 1.431498865701 Long EC CORP CN N 2 N N N Northern Star Resources Ltd 254900XFXCRYYZAX6M78 Northern Star Resources Ltd 000000000 1520160.00000000 NS 12264186.75000000 1.228642054288 Long EC CORP AU N 2 N N N Broadcom Inc 549300WV6GIDOZJTV909 Broadcom Inc 11135F101 30800.00000000 NS USD 19394144.00000000 1.942930372071 Long EC CORP US N 1 N N N Embassy Office Parks REIT 335800O555A557E43Z08 Embassy Office Parks REIT 000000000 1990600.00000000 NS 9741109.82000000 0.975876951669 Long EC CORP IN N 2 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 Samsung Electronics Co Ltd 000000000 641948.00000000 NS 36734179.67000000 3.680077521027 Long EC CORP KR N 2 N N N Coway Co Ltd N/A Coway Co Ltd 000000000 195942.00000000 NS 11044506.02000000 1.106452864884 Long EC CORP KR N 2 N N N Bank Rakyat Indonesia Persero 254900HB6S4B12GBNP64 Bank Rakyat Indonesia Persero Tbk PT 000000000 55682872.00000000 NS 17984717.82000000 1.801732238639 Long EC CORP ID N 2 N N N Advantech Co Ltd 2549002OSTKE9HB9IY03 Advantech Co Ltd 000000000 1369884.00000000 NS 17553169.60000000 1.758499181091 Long EC CORP TW N 2 N N N Minth Group Ltd 254900B2AH0G13K9G204 Minth Group Ltd 000000000 4438000.00000000 NS 10813905.14000000 1.083350971159 Long EC CORP CN N 2 N N N Tencent Holdings Ltd 254900N4SLUMW4XUYY11 Tencent Holdings Ltd 000000000 996500.00000000 NS 45933013.05000000 4.601628519186 Long EC CORP CN N 2 N N N Crompton Greaves Consumer Elec 335800DIIEEWMH3UDH51 Crompton Greaves Consumer Electricals Ltd 000000000 2690439.00000000 NS 13233169.97000000 1.325716043641 Long EC CORP IN N 2 N N N CHINA CONCH VENTURE 30030033WV20E49PWI57 China Conch Venture Holdings International Ltd 000000000 88000000.00000000 PA 12301328.94000000 1.232363006811 Long DBT CORP VG N 2 2023-09-05 None 0.00000000 N N N N N CONCH VENTURE China Conch Venture Holdings Ltd HKD XXXX N N N CIFI Ever Sunshine Services Gr N/A CIFI Ever Sunshine Services Group Ltd 000000000 8454000.00000000 NS 11269558.76000000 1.128998938785 Long EC CORP CN N 2 N N N ESR CAYMAN LTD 549300C81AR42BZUFZ09 ESR Cayman Ltd 000000000 17657000.00000000 PA USD 17056662.00000000 1.708758409031 Long DBT CORP KY N 2 2025-09-30 Fixed 1.50000000 N N N N N ESR Cayman Ltd ESR Cayman Ltd USD XXXX N N N Link REIT 529900XUE70U36QX5M62 Link REIT 000000000 1878800.00000000 NS 16000300.97000000 1.602930797920 Long EC CORP HK N 2 N N N LVMH Moet Hennessy Louis Vuitt IOG4E947OATN0KJYSD45 LVMH Moet Hennessy Louis Vuitton SE 000000000 24172.00000000 NS 17253956.04000000 1.728523580545 Long EC CORP FR N 2 N N N JD.com Inc 549300HVTWB0GJZ16V92 JD.com Inc 000000000 857702.00000000 NS 24371511.61000000 2.441569482023 Long EC CORP CN N 2 N N N LEENO Industrial Inc N/A LEENO Industrial Inc 000000000 99406.00000000 NS 15013494.55000000 1.504071257392 Long EC CORP KR N 2 N N N Digital Telecommunications Inf N/A Digital Telecommunications Infrastructure Fund 000000000 35055000.00000000 NS 14865428.57000000 1.489237816451 Long EC CORP TH N 2 N N N TSMC 549300KB6NK5SBD14S87 Taiwan Semiconductor Manufacturing Co Ltd 000000000 3950187.00000000 NS 81032245.37000000 8.117914904959 Long EC CORP TW N 2 N N N Pernod Ricard SA 52990097YFPX9J0H5D87 Pernod Ricard SA 000000000 75754.00000000 NS 16643998.28000000 1.667417225061 Long EC CORP FR N 2 N N N Zhongsheng Group Holdings Ltd 3003005VYMEBAJNJ2Y26 Zhongsheng Group Holdings Ltd 000000000 2122500.00000000 NS 14923792.73000000 1.495084813313 Long EC CORP CN N 2 N N N Chailease Holding Co Ltd 529900L76E6T0JCM3J27 Chailease Holding Co Ltd 000000000 1812200.00000000 NS 15895401.10000000 1.592421793581 Long EC CORP TW N 2 N N N NetEase Inc 5299004AF4DSJDB0PA32 NetEase Inc 64110W102 189700.00000000 NS USD 17014193.00000000 1.704503809809 Long EC CORP CN N 1 N N N Ascendas Real Estate Investmen 549300ILIBAEMQZK3L20 Ascendas Real Estate Investment Trust 000000000 8439884.00000000 NS 18186497.55000000 1.821946792366 Long EC CORP SG N 2 N N N Yum China Holdings Inc 529900DO9BYZ7VA3K502 Yum China Holdings Inc 98850P109 355300.00000000 NS USD 14759162.00000000 1.478591894343 Long EC CORP CN N 1 N N N INNER MONGOLIA YILI INDUSTRIAL GROUP CO LTD 3003002Q2A863JPQFH06 INNER MONGOLIA YILI INDUSTRIAL GROUP CO LTD 000000000 3311375.00000000 NS 19145673.02000000 1.918038228668 Long EC CORP CN N 2 N N N LG Household & Health Care Ltd N/A LG Household & Health Care Ltd 000000000 11920.00000000 NS 4970076.59000000 0.497908686159 Long EP CORP KR N 2 N N N Macquarie Korea Infrastructure N/A Macquarie Korea Infrastructure Fund 000000000 2348550.00000000 NS 26529876.76000000 2.657797287898 Long EC CORP KR N 2 N N N Jiangsu Expressway Co Ltd 529900UWWTWZ6AKLYD43 Jiangsu Expressway Co Ltd 000000000 15970000.00000000 NS 16678259.60000000 1.670849568309 Long EC CORP CN N 2 N N N Techtronic Industries Co Ltd 549300HZW2SBE758OK89 Techtronic Industries Co Ltd 000000000 1576000.00000000 NS 25249841.36000000 2.529561689772 Long EC CORP HK N 2 N N N WULIANGYE YIBIN CO LTD N/A WULIANGYE YIBIN CO LTD 000000000 522874.00000000 NS 12670542.06000000 1.269351253604 Long EC CORP CN N 2 N N N NARI TECHNOLOGY DEVELOPMENT CO N/A NARI TECHNOLOGY CO LTD 000000000 3034258.00000000 NS 14924187.80000000 1.495124391936 Long EC CORP CN N 2 N N N PHARMARON BEIJING CO 300300JYXHGVS5SNGG54 Pharmaron Beijing Co Ltd 000000000 18800000.00000000 PA USD 16111600.00000000 1.614080878365 Long DBT CORP CN N 2 2026-06-18 None 0.00000000 N N N N N Pharmaron Beijing Co Ltd Pharmaron Beijing Co Ltd USD XXXX N N N LUYE PHARMA GROUP LTD 5299009HZHEY886D5W65 Luye Pharma Group Ltd 000000000 15770000.00000000 PA USD 15734202.10000000 1.576272669750 Long DBT CORP BM N 2 2024-07-09 Fixed 1.50000000 N N N N N Luye Pharma Group Ltd Luye Pharma Group Ltd USD XXXX N N N AIA Group Ltd ZP5ILWVSYE4LJGMMVD57 AIA Group Ltd 000000000 3867800.00000000 NS 40387125.88000000 4.046034386097 Long EC CORP HK N 2 N N N ST Engineering 254900OEXGGWCR24DG90 Singapore Technologies Engineering Ltd 000000000 4889725.00000000 NS 14811221.81000000 1.483807313286 Long EC CORP SG N 2 N N N United Overseas Bank Ltd IO66REGK3RCBAMA8HR66 United Overseas Bank Ltd 000000000 902200.00000000 NS 21109676.07000000 2.114794588562 Long EC CORP SG N 2 N N N Aristocrat Leisure Ltd 529900TE2HO3OZKYKC27 Aristocrat Leisure Ltd 000000000 557441.00000000 NS 15130071.61000000 1.515750097693 Long EC CORP AU N 2 N N N MIDEA GROUP CO LTD 3003003TRPHLHZD2IF61 MIDEA GROUP CO LTD 000000000 1742930.00000000 NS 15516427.02000000 1.554455681219 Long EC CORP CN N 2 N N N Venture Corp Ltd 254900B1NLZC3J1MAE72 Venture Corp Ltd 000000000 825500.00000000 NS 10638257.82000000 1.065754395987 Long EC CORP SG N 2 N N N Sanofi India Ltd 335800VFWLEY5V6PYH80 Sanofi India Ltd 000000000 162854.00000000 NS 16086607.57000000 1.611577104478 Long EC CORP IN N 2 N N N LG Household & Health Care Ltd N/A LG Household & Health Care Ltd 000000000 12339.00000000 NS 8704078.49000000 0.871985814847 Long EC CORP KR N 2 N N N CK Hutchison Holdings Ltd 254900Z8HM1VEPOQ2G79 CK Hutchison Holdings Ltd 000000000 2171172.00000000 NS 15876500.33000000 1.590528290052 Long EC CORP HK N 2 N N N BOC Hong Kong Holdings Ltd N/A BOC Hong Kong Holdings Ltd 000000000 4008500.00000000 NS 15083127.39000000 1.511047165157 Long EC CORP HK N 2 N N N Bank of the Philippine Islands 549300UW4UH6XT2X8C50 Bank of the Philippine Islands 000000000 8611264.00000000 NS 16544102.78000000 1.657409564966 Long EC CORP PH N 2 N N N HKT Trust & HKT Ltd N/A HKT Trust & HKT Ltd 000000000 14648000.00000000 NS 20084692.54000000 2.012110415890 Long EC CORP HK N 2 N N N Guangdong Investment Ltd N/A Guangdong Investment Ltd 000000000 12798000.00000000 NS 17436526.31000000 1.746813705782 Long EC CORP HK N 2 N N N Tata Consultancy Services Ltd 335800ZJKU9GPQRE2U66 Tata Consultancy Services Ltd 000000000 386051.00000000 NS 18972629.27000000 1.900702482498 Long EC CORP IN N 2 N N N Topsports International Holdin N/A Topsports International Holdings Ltd 000000000 14911000.00000000 NS 12393126.71000000 1.241559425865 Long EC CORP CN N 2 N N N Housing Development Finance Co 335800OX2H9AP7NHLT64 Housing Development Finance Corp Ltd 000000000 804587.00000000 NS 25157894.72000000 2.520350356729 Long EC CORP IN N 2 N N N 2022-05-20 Matthews International Funds Shai Malka Shai Malka Treasurer XXXX NPORT-EX 2 MIMA100MATT033122.htm HTML
Matthews Asian Growth and Income Fund    March 31, 2022

Schedule of Investmentsa (unaudited)

COMMON EQUITIES: 88.7%

      Shares      Value  
     

CHINA/HONG KONG: 39.5%

      

Tencent Holdings, Ltd.

      996,500        $45,933,013  

AIA Group, Ltd.

      3,867,800        40,387,126  

Techtronic Industries Co., Ltd.

      1,576,000        25,249,841  

JD.com, Inc. A Sharesb

     857,702        24,371,512  

HKT Trust & HKT, Ltd.

      14,648,000        20,084,692  

Inner Mongolia Yili Industrial Group Co., Ltd. A Shares

      3,311,375        19,145,673  

Guangdong Investment, Ltd.

      12,798,000        17,436,526  

NetEase, Inc. ADR

      189,700        17,014,193  

Jiangsu Expressway Co., Ltd. H Shares

      15,970,000        16,678,260  

Link REIT

      1,878,800        16,000,301  

CK Hutchison Holdings, Ltd.

      2,171,172        15,876,500  

Midea Group Co., Ltd. A Shares

      1,742,930        15,516,427  

BOC Hong Kong Holdings, Ltd.

      4,008,500        15,083,127  

NARI Technology Co., Ltd. A Shares

      3,034,258        14,924,188  

Zhongsheng Group Holdings, Ltd.

      2,122,500        14,923,793  

Yum China Holdings, Inc.

      355,300        14,759,162  

ENN Natural Gas Co., Ltd. A Shares

      5,146,377        14,289,084  

Wuliangye Yibin Co., Ltd. A Shares

      522,874        12,670,542  

Topsports International Holdings, Ltd.c,d

     14,911,000        12,393,127  

CIFI Ever Sunshine Services Group, Ltd.d

     8,454,000        11,269,559  

Minth Group, Ltd.

      4,438,000        10,813,905  

Total China/Hong Kong

         394,820,551  
          
     

TAIWAN: 11.5%

      

Taiwan Semiconductor Manufacturing Co., Ltd.

      3,950,187        81,032,245  

Advantech Co., Ltd.

      1,369,884        17,553,170  

Chailease Holding Co., Ltd.

      1,812,200        15,895,401  

Total Taiwan

         114,480,816  
          
     

SOUTH KOREA: 9.8%

      

Samsung Electronics Co., Ltd.

      641,948        36,734,180  

Macquarie Korea Infrastructure Fund

      2,348,550        26,529,877  

LEENO Industrial, Inc.

      99,406        15,013,495  

Coway Co., Ltd.

      195,942        11,044,506  

LG Household & Health Care, Ltd.

      12,339        8,704,078  

Total South Korea

         98,026,136  
          
     

INDIA: 8.3%

      

Housing Development Finance Corp., Ltd.

      804,587        25,157,895  

Tata Consultancy Services, Ltd.

      386,051        18,972,629  

Sanofi India, Ltd.

      162,854        16,086,607  

Crompton Greaves Consumer Electricals, Ltd.

      2,690,439        13,233,170  

Embassy Office Parks, REIT

      1,990,600        9,741,110  

Total India

         83,191,411  
          
     

SINGAPORE: 6.5%

      

United Overseas Bank, Ltd.

      902,200        21,109,676  

Ascendas, REIT

      8,439,884        18,186,497  

Singapore Technologies Engineering, Ltd.

      4,889,725        14,811,222  

Venture Corp., Ltd.

      825,500        10,638,258  

Total Singapore

         64,745,653  
          
     

FRANCE: 3.4%

      

LVMH Moet Hennessy Louis Vuitton SE

      24,172        17,253,956  

Pernod Ricard SA

      75,754        16,643,998  

Total France

         33,897,954  
      Shares      Value  
     

AUSTRALIA: 2.8%

      

Aristocrat Leisure, Ltd.

      557,441        $15,130,071  

Northern Star Resources, Ltd.

      1,520,160        12,264,187  

Total Australia

         27,394,258  
          
     

UNITED STATES: 1.9%

      

Broadcom, Inc.

      30,800        19,394,144  

Total United States

         19,394,144  
          
     

INDONESIA: 1.8%

      

PT Bank Rakyat Indonesia Persero

      55,682,872        17,984,718  

Total Indonesia

         17,984,718  
          
     

PHILIPPINES: 1.7%

      

Bank of the Philippine Islands

      8,611,264        16,544,103  

Total Philippines

         16,544,103  
          
     

THAILAND: 1.5%

      

Digital Telecommunications Infrastructure Fund F Shares

      35,055,000        14,865,429  

Total Thailand

         14,865,429  
          
     

TOTAL COMMON EQUITIES

         885,345,173  

(Cost $762,710,880)

      

CONVERTIBLE CORPORATE BONDS: 6.1%

 

      Face Amount*      Value  
     

CHINA/HONG KONG: 6.1%

      

ESR Cayman, Ltd., Cnv.
1.500%, 09/30/25d

     17,657,000        17,056,662  

Pharmaron Beijing Co., Ltd., Cnv.
0.000%, 06/18/26d

     18,800,000        16,111,600  

Luye Pharma Group, Ltd., Cnv.
1.500%, 07/09/24d

     15,770,000        15,734,202  

China Conch Venture Holdings International, Ltd., Cnv.
0.000%, 09/05/23d

     HKD 88,000,000        12,301,329  

Total China/Hong Kong

         61,203,793  
          
   

TOTAL CONVERTIBLE CORPORATE BONDS

 

      61,203,793  

(Cost $67,938,916)

      

PREFERRED EQUITIES: 0.5%

 

      Shares      Value  
     

SOUTH KOREA: 0.5%

      

LG Household & Health Care, Ltd., Pfd.

      11,920        4,970,077  

Total South Korea

         4,970,077  
          
     

TOTAL PREFERRED EQUITIES

         4,970,077  

(Cost $6,911,730)

      
 

 

matthewsasia.com  |   800.789.ASIA    1

Matthews Asian Growth and Income Fund    March 31, 2022

Schedule of Investmentsa (unaudited) (continued)

 

PREFERRED EQUITIES (continued)

 

              Value  
   

TOTAL INVESTMENTS: 95.3%

 

      $951,519,043  

(Cost $837,561,526)

      

CASH AND OTHER ASSETS,

LESS LIABILITIES: 4.7%

 

 

      47,100,292  

NET ASSETS: 100.0%

         $998,619,335  
           

 

a   Certain securities were fair valued under the valuation policies approved by the Board of Trustees.
b   Non-income producing security.
c   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 March 31, 2022, the aggregate value is $12,393,127, which is 1.24% of net assets.
d   The securities may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.
*   All Values in USD unless otherwise specified.
ADR   American Depositary Receipt
Cnv.   Convertible
HKD   Hong Kong Dollar
Pfd.   Preferred
REIT   Real Estate Investment Trust
USD   U.S. Dollar

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