0001752724-24-115597.txt : 20240523 0001752724-24-115597.hdr.sgml : 20240523 20240523150939 ACCESSION NUMBER: 0001752724-24-115597 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240523 DATE AS OF CHANGE: 20240523 PERIOD START: 20241231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MATTHEWS INTERNATIONAL FUNDS CENTRAL INDEX KEY: 0000923184 ORGANIZATION NAME: IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08510 FILM NUMBER: 24977641 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 S000079342 Matthews Emerging Markets ex China Active ETF C000240350 Matthews Emerging Markets ex China Active ETF MEMX NPORT-P 1 primary_doc.xml NPORT-P false 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Shai Malka Shai Malka Treasurer XXXX NPORT-EX 2 422065MATT033124.htm
Matthews Emerging Markets ex China Active ETF March 31, 2024
Schedule of Investments (unaudited)
COMMON EQUITIES: 85.1%  
  Shares Value 
India: 17.8%
HDFC Bank, Ltd. ADR  6,744 $377,462
Reliance Industries, Ltd.  7,304 260,248
UltraTech Cement, Ltd.  1,974 230,746
Kotak Mahindra Bank, Ltd.  10,717 229,432
Indian Hotels Co., Ltd.  30,018 212,765
Shriram Finance, Ltd.  6,023 170,444
Hindustan Unilever, Ltd.  5,854 158,934
Varun Beverages, Ltd.  8,654 145,122
Infosys, Ltd. ADR  7,555 135,461
ICICI Bank, Ltd. ADR  4,603 121,565
Lupin, Ltd.  6,015 116,604
Total India   2,158,783
Taiwan: 12.3%
Taiwan Semiconductor Manufacturing Co., Ltd. ADR  9,457 1,286,625
ASPEED Technology, Inc.  2,000 208,102
Total Taiwan   1,494,727
Brazil: 11.2%
Banco BTG Pactual SA  44,800 326,051
PRIO SA  25,200 245,377
NU Holdings, Ltd. Class Aa  18,002 214,764
WEG SA  26,500 202,236
MercadoLibre, Inc.a  96 145,148
Armac Locacao Logistica E Servicos SA  54,200 136,324
Vale SA ADR  6,974 85,013
Total Brazil   1,354,913
Mexico: 6.2%
GCC SAB de CV  21,200 252,039
Grupo Financiero Banorte SAB de CV Class O  21,200 224,949
Prologis Property Mexico SA de CV REIT  34,781 152,250
BBB Foods, Inc. Class Aa  5,359 127,437
Total Mexico   756,675
South Korea: 6.1%
Kia Corp.  2,475 205,905
SK Hynix, Inc.  1,191 157,650
LG Chem, Ltd.  444 145,114
KB Financial Group, Inc.  2,276 118,851
Hyundai Motor Co.  633 111,436
Total South Korea   738,956
United States: 5.1%
Freeport-McMoRan, Inc.  5,359 251,980
Globant SAa  1,240 250,356
Applied Materials, Inc.  575 118,582
Total United States   620,918
Vietnam: 4.4%
FPT Corp.  62,820 296,681
Military Commercial Joint Stock Bank  121,080 124,523
HDBank  115,700 113,157
Total Vietnam   534,361
   
  Shares Value 
United Arab Emirates: 2.5%
Emaar Properties PJSC  78,870 $175,043
Fertiglobe PLC  164,116 125,136
Total United Arab Emirates   300,179
Indonesia: 2.2%
PT Bank Rakyat Indonesia Persero Tbk  716,700 273,481
Total Indonesia   273,481
Poland: 2.2%
Dino Polska SAa,b,c  2,696 262,113
Total Poland   262,113
Kazakhstan: 2.1%
Kaspi.KZ JSC ADR  2,000 257,280
Total Kazakhstan   257,280
Argentina: 2.1%
Despegar.com Corp.a  21,125 252,655
Total Argentina   252,655
France: 2.0%
TotalEnergies SE ADR  1,786 122,930
LVMH Moet Hennessy Louis Vuitton SE  135 121,554
Total France   244,484
Philippines: 1.8%
Ayala Corp.  19,030 216,654
Total Philippines   216,654
Chile: 1.7%
Antofagasta PLC  7,920 204,001
Total Chile   204,001
Saudi Arabia: 1.4%
Bupa Arabia for Cooperative Insurance Co.  2,371 166,770
Total Saudi Arabia   166,770
Turkey: 1.2%
BIM Birlesik Magazalar AS  13,977 151,858
Total Turkey   151,858
Peru: 1.2%
Credicorp, Ltd.  852 144,354
Total Peru   144,354
Spain: 1.1%
Banco Bilbao Vizcaya Argentaria SA  11,127 132,670
Total Spain   132,670
South Africa: 0.5%
Anglo American PLC  2,442 60,210
Total South Africa   60,210
TOTAL COMMON EQUITIES 10,326,042
(Cost $8,985,528)    
matthewsasia.com   |  800.789.ASIA    1
Matthews Emerging Markets ex China Active ETF March 31, 2024
Schedule of Investments (unaudited) (continued)
PREFERRED EQUITIES: 6.4%  
  Shares Value 
South Korea: 6.4%
Samsung Electronics Co., Ltd., Pfd.  15,542 $775,801
Total South Korea   775,801
TOTAL PREFERRED EQUITIES 775,801
(Cost $689,426)    
SHORT-TERM INVESTMENTS: 8.5%  
Money Market Funds: 8.5%
JPMorgan U.S. Government Money Market Fund, Capital Shares, 5.20%d 1,035,157 1,035,157
(Cost $1,035,157)    
Total Investments: 100.0%   12,137,000
(Cost $10,710,111)    
CASH AND OTHER ASSETS,
LESS LIABILITIES: 0.0% 		  4,104
Net Assets: 100.0%   $12,141,104
    
a Non-income producing security.
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 March 31, 2024, the aggregate value is $262,113, which is 2.16% of net assets.
c The securities may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.
d Rate shown is the current yield as of March 31, 2024.
ADR American Depositary Receipt
JSC Joint Stock Co.
Pfd. Preferred
PJSC Public Joint Stock Co.
REIT Real Estate Investment Trust
 
2    MATTHEWS ASIA FUNDS