0001752724-23-266861.txt : 20231127 0001752724-23-266861.hdr.sgml : 20231127 20231127130149 ACCESSION NUMBER: 0001752724-23-266861 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230929 FILED AS OF DATE: 20231127 DATE AS OF CHANGE: 20231127 PERIOD START: 20231231 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: 231439298 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 S000076755 Matthews Emerging Markets Equity Active ETF C000236790 Matthews Emerging Markets Equity Active ETF MEM NPORT-P 1 primary_doc.xml NPORT-P false 0000923184 XXXXXXXX S000076755 C000236790 Matthews International Funds 811-08510 0000923184 5493007IYPQKGSDVTS49 Four Embarcadero Center Suite 550 San Francisco 94111 415-788-7553 Matthews Emerging Markets Equity Active ETF S000076755 549300LPYWWTHTQJJA11 2023-12-31 2023-09-29 N 58505757.38 61496.23 58444261.15 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 447553.88000000 N Kaspi.KZ JSC 2549003YU6FARG8OAZ13 Kaspi.KZ JSC 48581R205 10103.00000000 NS USD 977970.40000000 1.673338631983 Long EC CORP KZ N 1 N N N Bangkok Dusit Medical Services N/A Bangkok Dusit Medical Services PCL 000000000 798700.00000000 NS 583765.27000000 0.998841047030 Long EC CORP TH N 2 N N N Yum China Holdings Inc 529900DO9BYZ7VA3K502 Yum China Holdings Inc 98850P109 18264.00000000 NS USD 1017670.08000000 1.741266054143 Long EC CORP CN N 1 N N N Indian Hotels Co Ltd 33580076CH5SBY5HWA22 Indian Hotels Co Ltd 000000000 144110.00000000 NS 713424.00000000 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3003003TRPHLHZD2IF61 Midea Group Co Ltd 000000000 125600.00000000 NS 954030.71000000 1.632377056750 Long EC CORP CN N 1 N N N Freeport-McMoRan Inc 549300IRDTHJQ1PVET45 Freeport-McMoRan Inc 35671D857 15718.00000000 NS USD 586124.22000000 1.002877285924 Long EC CORP US N 1 N N N Restaurant Brands Asia Ltd 335800NJ2UVPX11GIH32 Restaurant Brands Asia Ltd 000000000 601859.00000000 NS 903789.59000000 1.546412893612 Long EC CORP IN N 1 N N N Infosys Ltd 335800TYLGG93MM7PR89 Infosys Ltd 456788108 80930.00000000 NS USD 1384712.30000000 2.369287031358 Long EC CORP IN N 1 N N N Applied Materials Inc 41BNNE1AFPNAZELZ6K07 Applied Materials Inc 038222105 7924.00000000 NS USD 1097077.80000000 1.877135202692 Long EC CORP US N 1 N N N Vale SA 254900SMTWBX7RU2SR20 Vale SA 91912E105 59249.00000000 NS USD 793936.60000000 1.358450914388 Long EC CORP BR N 1 N N N ICICI Bank Ltd R7RX8ER1V4666J8D1I38 ICICI Bank Ltd 45104G104 64368.00000000 NS USD 1488188.16000000 2.546337537197 Long EC CORP IN N 1 N N N JP MORGAN US GOVT CAPITAL N/A JP MORGAN US GOVT CAPITAL 000000000 1031630.05000000 NS USD 1031630.05000000 1.765152009283 Long EC CORP US N 1 N N N Grupo Financiero Banorte SAB d N/A Grupo Financiero Banorte SAB de CV 000000000 102300.00000000 NS 860088.79000000 1.471639427167 Long EC CORP MX N 1 N N N Grupo Aeroportuario del Surest 5299001W7JIDXCUOUC82 Grupo Aeroportuario del Sureste SAB de CV 40051E202 3185.00000000 NS USD 782586.35000000 1.339030273633 Long EC CORP MX N 1 N N N Tencent Holdings Ltd 254900N4SLUMW4XUYY11 Tencent Holdings Ltd 000000000 62200.00000000 NS 2431818.79000000 4.160919724450 Long EC CORP CN N 1 N N N UltraTech Cement Ltd 335800PC9O9B4BQHG814 UltraTech Cement Ltd 000000000 8974.00000000 NS 892075.01000000 1.526368872574 Long EC CORP IN N 1 N N N Fertiglobe plc 984500A99D1B4CPBF744 Fertiglobe plc 000000000 740291.00000000 NS 703397.88000000 1.203536268847 Long EC CORP AE N 1 N N N Becle SAB de CV 529900JY55CZKMJLCE09 Becle SAB de CV 000000000 365500.00000000 NS 872816.99000000 1.493417784442 Long EC CORP MX N 1 N N N Banco BTG Pactual SA ZXLTQRYIK6IJH3R0IK66 Banco BTG Pactual SA 000000000 215300.00000000 NS 1336484.26000000 2.286767312482 Long EC CORP BR N 1 N N N CapitaLand Ascott Trust 549300W6RTG7Y32IWY65 CapitaLand Ascott Trust 000000000 21252.00000000 NS 14947.56000000 0.025575753214 Long EC CORP SG N 1 N N N Military Commercial Joint Stoc 5493007XE88E8JRNTJ93 Military Commercial Joint Stock Bank 000000000 1101405.00000000 NS 838345.71000000 1.434436321897 Long EC CORP VN N 1 N N N Prologis Property Mexico SA de N/A Prologis Property Mexico SA de CV 000000000 579400.00000000 NS 1998735.79000000 3.419900860531 Long EC CORP MX N 1 N N N TSMC 549300KB6NK5SBD14S87 Taiwan Semiconductor Manufacturing Co Ltd 000000000 181000.00000000 NS 2932513.44000000 5.017624283885 Long EC CORP TW N 1 N N N Vinci Partners Investments Ltd N/A Vinci Partners Investments Ltd 000000000 90122.00000000 NS USD 919244.40000000 1.572856567800 Long EC CORP BR N 1 N N N Kotak Mahindra Bank Ltd 335800E6GTTXKHXE2I75 Kotak Mahindra Bank Ltd 000000000 28398.00000000 NS 593565.35000000 1.015609297338 Long EC CORP IN N 1 N N N Wilcon Depot Inc N/A Wilcon Depot Inc 000000000 1918800.00000000 NS 746139.71000000 1.276668906952 Long EC CORP PH N 1 N N N Dabur India Ltd 335800MJPUA2E1FSFL38 Dabur India Ltd 000000000 137339.00000000 NS 912271.82000000 1.560926260422 Long EC CORP IN N 1 N N N Cie Financiere Richemont SA 549300YIPGJ6UX2QPS51 Cie Financiere Richemont SA 000000000 6317.00000000 NS 773397.46000000 1.323307788963 Long EC CORP CH N 1 N N N CapitaLand Investment Ltd/Sing 254900AT4UQDU7SNXX49 CapitaLand Investment Ltd/Singapore 000000000 311300.00000000 NS 707033.48000000 1.209756896721 Long EC CORP SG N 1 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 Samsung Electronics Co Ltd 000000000 76289.00000000 NS 3081184.60000000 5.272005393467 Long EP CORP KR N 1 N N N Globant SA 2221008DCMSPYS42DS88 Globant SA 000000000 5868.00000000 NS USD 1160983.80000000 1.986480412542 Long EC CORP UY N 1 N N N BYD Co Ltd 5299005557VL7ULJ7A69 BYD Co Ltd 000000000 29400.00000000 NS 955149.44000000 1.634291239559 Long EC CORP CN N 1 N N N TotalEnergies SE 529900S21EQ1BO4ESM68 TotalEnergies SE 89151E109 22951.00000000 NS USD 1509257.76000000 2.582388296648 Long EC CORP FR N 1 N N N GCC SAB de CV 254900WY9XL8033CKX68 GCC SAB de CV 000000000 105800.00000000 NS 998002.93000000 1.707614931496 Long EC CORP MX N 1 N N N PI Industries Ltd 335800PEGP94E4CC1D11 PI Industries Ltd 000000000 18777.00000000 NS 780780.41000000 1.335940252535 Long EC CORP IN N 1 N N N FPT Corp N/A FPT Corp 000000000 658305.00000000 NS 2513503.56000000 4.300684978374 Long EC CORP VN N 1 N N N HDBank 549300JA2AF0TMGHY210 Ho Chi Minh City Development Joint Stock Commercial Bank 000000000 696918.00000000 NS 497491.35000000 0.851223610686 Long EC CORP VN N 1 N N N LG Chem Ltd 988400IES4EIG7O06940 LG Chem Ltd 000000000 2311.00000000 NS 850312.36000000 1.454911642766 Long EC CORP KR N 1 N N N Dino Polska SA 259400H4L81SMPRTW956 Dino Polska SA 000000000 10614.00000000 NS 863213.48000000 1.476985871691 Long EC CORP PL N 1 N N N HDFC Bank Ltd 335800ZQ6I4E2JXENC50 HDFC Bank Ltd 40415F101 32034.00000000 NS USD 1890326.34000000 3.234408824415 Long EC CORP IN N 1 N N N LVMH Moet Hennessy Louis Vuitt IOG4E947OATN0KJYSD45 LVMH Moet Hennessy Louis Vuitton SE 000000000 959.00000000 NS 727390.88000000 1.244589059194 Long EC CORP FR N 1 N N N 2023-11-20 Matthews International Funds Shai Malka Shai Malka Treasurer XXXX NPORT-EX 2 349256MI9.30.23.htm HTML
Matthews Emerging Markets Equity Active ETF    September 30, 2023
Schedule of Investmentsa (unaudited)   
COMMON EQUITIES: 92.2%   
      Shares      Value  

INDIA: 16.4%

      

HDFC Bank, Ltd. ADR

      32,034      $ 1,890,326  

ICICI Bank, Ltd. ADR

      64,368        1,488,188  

Infosys, Ltd. ADR

      80,930        1,384,712  

Dabur India, Ltd.

      137,339        912,272  

Restaurant Brands Asia, Ltd.b

      601,859        903,790  

UltraTech Cement, Ltd.

      8,974        892,075  

PI Industries, Ltd.

      18,777        780,781  

Indian Hotels Co., Ltd.

      144,110        713,424  

Kotak Mahindra Bank, Ltd.

      28,398        593,565  
     

 

 

  

Total India

         9,559,133  
     

 

 

  
     
     

CHINA/HONG KONG: 15.6%

      

Tencent Holdings, Ltd.

      62,200        2,431,819  

H World Group, Ltd. ADRb

      29,003        1,143,588  

AIA Group, Ltd.

      138,200        1,126,690  

Yum China Holdings, Inc.

      18,264        1,017,670  

JD.com, Inc. Class A

      67,900        997,886  

BYD Co., Ltd. A Shares

      29,400        955,149  

Midea Group Co., Ltd. A Shares

      125,600        954,031  

Innovent Biologics, Inc.b,c,d

      104,000        507,926  
     

 

 

  

Total China/Hong Kong

         9,134,759  
     

 

 

  
     
     

MEXICO: 9.4%

      

Prologis Property Mexico SA de CV REIT

      579,400        1,998,736  

GCC SAB de CV

      105,800        998,003  

Becle SAB de CV

      365,500        872,817  

Grupo Financiero Banorte SAB de CV Class O

      102,300        860,089  

Grupo Aeroportuario del Sureste SAB de CV ADR

      3,185        782,586  
     

 

 

  

Total Mexico

         5,512,231  
     

 

 

  
     
     

BRAZIL: 9.0%

      

Banco BTG Pactual SA

      215,300        1,336,484  

Vinci Partners Investments, Ltd. Class A

      90,122        919,244  

Hapvida Participacoes e Investimentos SAb,c,d

      906,500        851,225  

Vale SA ADR

      59,249        793,937  

Armac Locacao Logistica E Servicos SA

      276,300        708,801  

WEG SA

      87,900        636,964  
     

 

 

  

Total Brazil

         5,246,655  
     

 

 

  
     
     

VIETNAM: 6.6%

      

FPT Corp.

      658,305        2,513,504  

Military Commercial Joint Stock Bank

      1,101,405        838,346  

HDBank

      696,918        497,491  
     

 

 

  

Total Vietnam

         3,849,341  
     

 

 

  
     
     

TAIWAN: 6.2%

      

Taiwan Semiconductor Manufacturing Co., Ltd.

      181,000        2,932,513  

Taiwan Semiconductor Manufacturing Co., Ltd. ADR

      7,883        685,033  
     

 

 

  

Total Taiwan

         3,617,546  
     

 

 

  
     
     

UNITED STATES: 4.9%

      

Globant SAb

      5,868        1,160,984  

Applied Materials, Inc.

      7,924        1,097,078  

Freeport-McMoRan, Inc.

      15,718        586,124  
     

 

 

  

Total United States

         2,844,186  
     

 

 

  
     
      Shares      Value  

FRANCE: 3.8%

      

TotalEnergies SE ADR

      22,951      $ 1,509,258  

LVMH Moet Hennessy Louis Vuitton SE

      959        727,391  
     

 

 

  

Total France

         2,236,649  
     

 

 

  
     
     

AUSTRALIA: 2.8%

      

Woodside Energy Group, Ltd.

      70,186        1,652,926  
     

 

 

  

Total Australia

         1,652,926  
     

 

 

  
     
     

PHILIPPINES: 2.7%

      

Ayala Corp.

      74,760        824,559  

Wilcon Depot, Inc.

      1,918,800        746,140  
     

 

 

  

Total Philippines

         1,570,699  
     

 

 

  
     
     

UNITED KINGDOM: 2.1%

      

Prudential PLC

      112,943        1,225,235  
     

 

 

  

Total United Kingdom

         1,225,235  
     

 

 

  
     
     

INDONESIA: 2.1%

      

PT Bank Rakyat Indonesia Persero Tbk

      3,607,200        1,219,516  
     

 

 

  

Total Indonesia

         1,219,516  
     

 

 

  
     
     

KAZAKHSTAN: 1.7%

      

Kaspi.KZ JSC GDRd

      10,103        977,970  
     

 

 

  

Total Kazakhstan

         977,970  
     

 

 

  
     
     

POLAND: 1.5%

      

Dino Polska SAb,c,d

      10,614        863,214  
     

 

 

  

Total Poland

         863,214  
     

 

 

  
     
     

SOUTH KOREA: 1.4%

      

LG Chem, Ltd.

      2,311        850,312  
     

 

 

  

Total South Korea

         850,312  
     

 

 

  
     
     

SWITZERLAND: 1.3%

      

Cie Financiere Richemont SA Class A

      6,317        773,397  
     

 

 

  

Total Switzerland

         773,397  
     

 

 

  
     
     

ZAMBIA: 1.3%

      

First Quantum Minerals, Ltd.

      31,100        738,165  
     

 

 

  

Total Zambia

         738,165  
     

 

 

  
     
     

SINGAPORE: 1.2%

      

CapitaLand Investment, Ltd.

      311,300        707,033  

CapitaLand Ascott Trust

      21,252        14,948  
     

 

 

  

Total Singapore

         721,981  
     

 

 

  
     
     

UNITED ARAB EMIRATES: 1.2%

      

Fertiglobe PLC

      740,291        703,398  
     

 

 

  

Total United Arab Emirates

         703,398  
     

 

 

  
     
 

 

matthewsasia.com  |  800.789.ASIA   1

Matthews Emerging Markets Equity Active ETF    September 30, 2023
Schedule of Investmentsa (unaudited) (continued)   

 

COMMON EQUITIES (continued)

 

   
      Shares      Value  

THAILAND: 1.0%

      

Bangkok Dusit Medical Services Public Co., Ltd. F Shares

      798,700        $583,765  
     

 

 

  

Total Thailand

         583,765  
     

 

 

  
     
     

TOTAL COMMON EQUITIES

         53,881,078  
     

 

 

  

(Cost $54,713,689)

      

PREFERRED EQUITIES: 5.3%

      
     

SOUTH KOREA: 5.3%

      

Samsung Electronics Co., Ltd., Pfd.

      76,289        3,081,184  
     

 

 

  

Total South Korea

         3,081,184  
     

 

 

  
     
     

TOTAL PREFERRED EQUITIES

         3,081,184  
     

 

 

  

(Cost $3,141,694)

      

SHORT-TERM INVESTMENTS: 1.7%

      
     

MONEY MARKET FUNDS: 1.7%

      

JPMorgan U.S. Government Money Market Fund, Capital Shares, 5.22%e

      1,031,630        1,031,630  
     

 

 

  

(Cost $1,031,630)

 

      
     

TOTAL INVESTMENTS: 99.2%

         57,993,892  

(Cost $58,887,013)

      

CASH AND OTHER ASSETS,

LESS LIABILITIES: 0.8%

         451,478  
     

 

 

  

NET ASSETS: 100.0%

        $ 58,445,370  
     

 

 

  

 

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 September 30, 2023, the aggregate value is $2,222,365, which is 3.80% 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

Rate shown is the current yield as of September 30, 2023.

 

ADR

American Depositary Receipt

 

GDR

Global Depositary Receipt

 

JSC

Joint Stock Co.

 

Pfd.

Preferred

 

REIT

Real Estate Investment Trust

 

 

 

 

 

 

2   MATTHEWS ASIA FUNDS