0001752724-22-123856.txt : 20220526 0001752724-22-123856.hdr.sgml : 20220526 20220526132303 ACCESSION NUMBER: 0001752724-22-123856 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: 22967785 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 2022-12-31 2022-03-31 N 47164198.18 201432.84 46962765.34 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 2086856.40000000 N Sai Gon Cargo Service Corp N/A Sai Gon Cargo Service Corp 000000000 59400.00000000 NS 420264.00000000 0.894887677412 Long EC CORP VN N 1 N N N TSMC 549300KB6NK5SBD14S87 Taiwan Semiconductor Manufacturing Co Ltd 000000000 177000.00000000 NS 3630893.28000000 7.731429897096 Long EC CORP TW N 2 N N N LVMH Moet Hennessy Louis Vuitt IOG4E947OATN0KJYSD45 LVMH Moet Hennessy Louis Vuitton SE 000000000 673.00000000 NS 480386.91000000 1.022910185382 Long EC CORP FR N 2 N N N NARI TECHNOLOGY DEVELOPMENT CO N/A NARI TECHNOLOGY CO LTD 000000000 105000.00000000 NS 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591869.53000000 1.260295312073 Long EC CORP ID N 2 N N N Avia Avian Tbk PT 2549006YBXNWWWTP2773 Avia Avian Tbk PT 000000000 6672600.00000000 NS 362376.19000000 0.771624471805 Long EC CORP ID N 1 N N N Wilcon Depot Inc N/A Wilcon Depot Inc 000000000 1291800.00000000 NS 674047.73000000 1.435281174607 Long EC CORP PH N 1 N N N Lam Research Corp 549300I4GMO6D34U1T02 Lam Research Corp 512807108 1500.00000000 NS USD 806415.00000000 1.717136957676 Long EC CORP US N 1 N N N Tencent Holdings Ltd 254900N4SLUMW4XUYY11 Tencent Holdings Ltd 000000000 38000.00000000 NS 1751585.04000000 3.729731474113 Long EC CORP CN N 2 N N N Kotak Mahindra Bank Ltd 335800E6GTTXKHXE2I75 Kotak Mahindra Bank Ltd 000000000 32328.00000000 NS 742465.75000000 1.580966846020 Long EC CORP IN N 2 N N N TCS Group Holding PLC 549300XQRN9MR54V1W18 TCS Group Holding PLC 87238U203 3865.00000000 NS USD 6170.47000000 0.013139068696 Long EC CORP CY N 3 N N N Nice Ltd 254900YTY4EF5Z4W0A51 Nice Ltd 653656108 3500.00000000 NS USD 766500.00000000 1.632144092134 Long EC CORP IL N 1 N N N Qatar National Bank QPSC 549300FFSRVBS0SQXY75 Qatar National Bank QPSC 000000000 90510.00000000 NS 571989.92000000 1.217964734101 Long EC CORP QA N 2 N N N Grupo Aeroportuario del Surest 5299001W7JIDXCUOUC82 Grupo Aeroportuario del Sureste SAB de CV 40051E202 3500.00000000 NS USD 775600.00000000 1.651521145283 Long EC CORP MX N 1 N N N Alibaba Group Holding Ltd 5493001NTNQJDH60PM02 Alibaba Group Holding Ltd 000000000 82700.00000000 NS 1128583.14000000 2.403144558948 Long EC CORP CN N 2 N N N GCC SAB de CV 254900WY9XL8033CKX68 GCC SAB de CV 000000000 130600.00000000 NS 941646.35000000 2.005091359468 Long EC CORP MX N 1 N N N TDCX Inc N/A TDCX Inc 87190U100 64100.00000000 NS USD 778815.00000000 1.658366994280 Long EC CORP SG N 1 N N N Techtronic Industries Co Ltd 549300HZW2SBE758OK89 Techtronic Industries Co Ltd 000000000 33000.00000000 NS 528708.61000000 1.125803828143 Long EC CORP HK N 2 N N N First Quantum Minerals Ltd 549300I7UVBGWRYMYZ18 First Quantum Minerals Ltd 335934105 54500.00000000 NS 1886781.59000000 4.017611774647 Long EC CORP CA N 1 N N N Huazhu Group Ltd 549300Y5ML31FVN83730 Huazhu Group Ltd 44332N106 18500.00000000 NS USD 610315.00000000 1.299572109055 Long EC CORP CN N 1 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 Samsung Electronics Co Ltd 000000000 55795.00000000 NS 2891043.08000000 6.156032463313 Long EP CORP KR N 2 N N N Doosan Bobcat Inc N/A Doosan Bobcat Inc 000000000 12599.00000000 NS 400399.31000000 0.852588869290 Long EC CORP KR N 2 N N N Restaurant Brands Asia Ltd 335800NJ2UVPX11GIH32 Restaurant Brands Asia Ltd 000000000 264537.00000000 NS 349248.98000000 0.743672093139 Long EC CORP IN N 2 N N N Hapvida Participacoes e Invest N/A Hapvida Participacoes e Investimentos SA 000000000 382600.00000000 NS 951467.43000000 2.026003841791 Long EC CORP BR N 1 N N N Vale SA 254900SMTWBX7RU2SR20 Vale SA 91912E105 46600.00000000 NS USD 931534.00000000 1.983558662391 Long EC CORP BR N 1 N N N Kia Corp 988400V8MJK9N7OI5X76 Kia Corp 000000000 9058.00000000 NS 548626.47000000 1.168215853619 Long EC CORP KR N 2 N N N LG Chem Ltd 988400IES4EIG7O06940 LG Chem Ltd 000000000 1451.00000000 NS 634038.53000000 1.350087724625 Long EC CORP KR N 2 N N N MercadoLibre Inc 549300DKPDN9M5S8GB14 MercadoLibre Inc 58733R102 200.00000000 NS USD 237896.00000000 0.506563014928 Long EC CORP AR N 1 N N N Novatek PJSC 2138008R6GCRVBDFA581 Novatek PJSC 669888109 6184.00000000 NS USD 2009.80000000 0.004279560595 Long EC CORP RU N 3 N N N Midea Group Co Ltd 3003003TRPHLHZD2IF61 Midea Group Co Ltd 000000000 57200.00000000 NS 510182.10000000 1.086354468921 Long EC CORP CN N 2 N N N Capitaland Investment Ltd/Sing 254900AT4UQDU7SNXX49 Capitaland Investment Ltd/Singapore 000000000 558000.00000000 NS 1634981.79000000 3.481442751854 Long EC CORP SG N 2 N N N CICC 529900OS3SVVTT56QN67 China International Capital Corp Ltd 000000000 303200.00000000 NS 670289.22000000 1.427278004494 Long EC CORP CN N 2 N N N Parex Resources Inc 549300U7LWRGTY6XWK67 Parex Resources Inc 69946Q104 12500.00000000 NS 256469.22000000 0.546111835926 Long EC CORP CA N 1 N N N Prologis Property Mexico SA de N/A Prologis Property Mexico SA de CV 000000000 399398.00000000 NS 1042772.15000000 2.220423227743 Long EC CORP MX N 1 N N N ICICI Bank Ltd R7RX8ER1V4666J8D1I38 ICICI Bank Ltd 45104G104 41600.00000000 NS USD 787904.00000000 1.677720624617 Long EC CORP IN N 1 N N N Military Commercial Joint Stoc 5493007XE88E8JRNTJ93 Military Commercial Joint Stock Bank 000000000 455480.00000000 NS 653601.16000000 1.391743342343 Long EC CORP VN N 2 N N N 2022-05-20 Matthews International Funds Shai Malka Shai Malka Treasurer XXXX NPORT-EX 2 MIMA120MATT033122.htm HTML
Matthews Emerging Markets Equity Fund    March 31, 2022

Schedule of Investmentsa (unaudited)

COMMON EQUITIES: 89.5%

 

      Shares      Value  
     

CHINA/HONG KONG: 16.4%

      

Tencent Holdings, Ltd.

      38,000        $1,751,585  

AIA Group, Ltd.

      109,800        1,146,519  

Alibaba Group Holding, Ltd.b

     82,700        1,128,583  

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

     303,200        670,289  

Huazhu Group, Ltd. ADR

      18,500        610,315  

Techtronic Industries Co., Ltd.

      33,000        528,709  

NARI Technology Co., Ltd. A Shares

      105,000        516,449  

Midea Group Co., Ltd. A Shares

      57,200        510,182  

Yum China Holdings, Inc.

      11,600        481,864  

JD.com, Inc. A Sharesb

     12,102        343,877  

Total China/Hong Kong

         7,688,372  
          
     

INDIA: 11.9%

      

Infosys, Ltd. ADR

      62,200        1,548,158  

HDFC Bank, Ltd. ADR

      20,700        1,269,531  

Dabur India, Ltd.

      123,021        867,541  

ICICI Bank, Ltd. ADR

      41,600        787,904  

Kotak Mahindra Bank, Ltd.

      32,328        742,466  

Restaurant Brands Asia, Ltd.b

     264,537        349,249  

Total India

         5,564,849  
          
     

BRAZIL: 9.1%

      

Banco BTG Pactual SA

      203,400        1,112,472  

Petroleo Brasileiro SA ADR

      67,600        1,000,480  

Hapvida Participacoes e Investimentos SAc,d

     382,600        951,468  

Vale SA ADR

      46,600        931,534  

Itau Unibanco Holding SA ADR

      49,200        280,932  

Total Brazil

         4,276,886  
          
     

MEXICO: 8.6%

      

Prologis Property Mexico SA de CV, REIT

      399,398        1,042,772  

GCC SAB de CV

      130,600        941,647  

Grupo Financiero Banorte SAB de CV Class O

      120,100        903,014  

Grupo Aeroportuario del Sureste SAB de CV ADR

      3,500        775,600  

Becle SAB de CV

      157,300        387,121  

Total Mexico

         4,050,154  
          
     

TAIWAN: 7.7%

      

Taiwan Semiconductor Manufacturing Co., Ltd.

      177,000        3,630,893  

Total Taiwan

         3,630,893  
          
     

VIETNAM: 6.2%

      

FPT Corp.

      389,348        1,819,440  

Military Commercial Joint Stock Bankb

     455,480        653,601  

Sai Gon Cargo Service Corp.

      59,400        420,264  

Total Vietnam

         2,893,305  
          
     

SINGAPORE: 5.2%

      

Capitaland Investment, Ltd.b

     558,000        1,634,982  

TDCX, Inc. ADRb

     64,100        778,815  

Total Singapore

         2,413,797  
          
     

ZAMBIA: 4.0%

      

First Quantum Minerals, Ltd.

      54,500        1,886,782  

Total Zambia

         1,886,782  
      Shares      Value  
     

SOUTH KOREA: 3.4%

      

LG Chem Ltd.

      1,451        $634,039  

Kia Corp.

      9,058        548,626  

Doosan Bobcat, Inc.

      12,599        400,399  

Total South Korea

         1,583,064  
          
     

PHILIPPINES: 3.0%

      

Ayala Land, Inc.

      1,116,200        753,655  

Wilcon Depot, Inc.

      1,291,800        674,048  

Total Philippines

         1,427,703  
          
     

UNITED STATES: 3.0%

      

Lam Research Corp.

      1,500        806,415  

Globant SAb

     2,200        576,554  

Total United States

         1,382,969  
          
     

FRANCE: 2.3%

      

Pernod Ricard SA

      2,773        609,259  

LVMH Moet Hennessy Louis Vuitton SE

      673        480,387  

Total France

         1,089,646  
          
     

INDONESIA: 2.0%

      

PT Bank Rakyat Indonesia Persero

      1,832,500        591,870  

PT Avia Avian Tbkb

     6,672,600        362,376  

Total Indonesia

         954,246  
          
     

ISRAEL: 1.6%

      

Nice, Ltd. ADRb

     3,500        766,500  

Total Israel

         766,500  
          
     

AUSTRALIA: 1.3%

      

Woodside Petroleum, Ltd.

      24,531        589,515  

Total Australia

         589,515  
          
     

QATAR: 1.2%

      

Qatar National Bank QPSC

      90,510        571,990  

Total Qatar

         571,990  
          
     

NETHERLANDS: 1.0%

      

Heineken NV

      4,934        471,838  

Total Netherlands

         471,838  
          
     

CANADA: 0.6%

      

Parex Resources, Inc.

      12,500        256,469  

Total Canada

         256,469  
          
     

THAILAND: 0.5%

      

CP ALL Public Co., Ltd.

      122,900        239,436  

Total Thailand

         239,436  
          
     

ARGENTINA: 0.5%

      

MercadoLibre, Inc.b

     200        237,896  

Total Argentina

         237,896  
          
     

RUSSIA: 0.0%

      

LUKOIL PJSC ADRe

     18,010        6,484  

TCS Group Holding PLC GDRd,e

     3,865        6,170  
 

 

matthewsasia.com  |   800.789.ASIA    1

Matthews Emerging Markets Equity Fund    March 31, 2022

Schedule of Investmentsa (unaudited) (continued)

 

COMMON EQUITIES (continued)

 

     

Shares

      Value  

Novatek PJSC GDRd,e

     6,184        $2,010  

Sberbank of Russia PJSC ADRe

     32,077        728  

Total Russia

         15,392  
          
     

TOTAL COMMON EQUITIES

         41,991,702  

(Cost $44,332,785)

      

PREFERRED EQUITIES: 6.2%

      
     

SOUTH KOREA: 6.2%

      

Samsung Electronics Co., Ltd., Pfd.

      55,795        2,891,043  

Total South Korea

         2,891,043  
          
     

TOTAL PREFERRED EQUITIES

         2,891,043  

(Cost $3,029,213)

      
          
     

TOTAL INVESTMENTS: 95.7%

         44,882,745  

(Cost $47,361,998)

      

CASH AND OTHER ASSETS,

LESS LIABILITIES: 4.3%

         2,020,538  

NET ASSETS: 100.0%

         $46,903,283  
           
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 $1,621,757, which is 3.46% 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.
e   Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. The aggregate value of Level 3 security is $15,392 and 0.03% of net assets.
ADR   American Depositary Receipt
GDR   Global Depositary Receipt
Pfd.   Preferred
PJSC   Public Joint Stock Co.
QPSC   Qatari Public Shareholding Co.
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