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Matthews Asia Expands Fund Distribution to Hong Kong Retail Investors, Adding to Existing Institutional Access

Matthews International Capital Management, LLC announced that it has received approval from the Securities and Futures Commission of Hong Kong (SFC) to distribute its Luxembourg-domiciled UCITS umbrella fund, Matthews Asia Funds, to retail investors in Hong Kong.

Hong Kong, 2 May 2012—Matthews International Capital Management, LLC (“Matthews Asia”) announced that it has received approval from the Securities and Futures Commission of Hong Kong (SFC) to distribute its Luxembourg-domiciled UCITS umbrella fund, Matthews Asia Funds, to retail investors in Hong Kong. The following four sub-funds of the Matthews Asia Funds have been authorized by the SFC: Matthews Asia Dividend, Matthews Pacific Tiger, Matthews China and Matthews India Funds.

“We are pleased to now be able to offer our Asian investment strategies to all investors in Hong Kong,” said William J. Hackett, Chief Executive Officer of Matthews Asia. “It has long been our goal to provide Hong Kong investors with access to the investment offerings that were previously available only to U.S. investors. The launch of these funds is a testament to the opportunities ahead for Matthews Asia and our long-term commitment to the region.”

The four Matthews Asia Funds will employ the same investment strategies as Matthews Asia’s U.S.-based Asia Dividend Fund, Pacific Tiger (Asia ex-Japan), China and India portfolios. They will be managed by the same investment team, utilizing Matthews Asia’s bottom-up and fundamental investment philosophy. Matthews Asia’s San Francisco headquarters will remain the single strategic location for investment decision making and portfolio management.

The approval of the funds in Hong Kong for retail investors is the latest step in the company’s expansion within Asia. The launch follows the appointment of James Campion as Head of Asia Business Development in October 2010.

“The quality and depth of research in each of these four funds offers investors in Hong Kong compelling options to build long-term portfolios,” said James Campion. “Matthews Asia’s ambition has been to present investors in various markets with accessible ways to capture Asia’s growth story and each of these four funds is well-positioned to assist investors with their investment strategies.”

About Matthews Asia
We believe in the long-term growth of Asia. Since 1991, Matthews Asia has focused its efforts and expertise within the region, investing through a variety of market environments. As an independent, privately owned firm, Matthews is the largest dedicated Asia investment specialist based in the United States. With US$17.8 billion in assets under management as of 31 March 2012 in 13 investment strategies, Matthews employs a bottom-up, fundamental investment philosophy, with a focus on long-term investment performance. For more information please visit hk.matthewsasia.com.

About the Matthews Asia Funds 

Asia Dividend Fund is designed with the investment objective of total return while providing a level of income higher than the yield generally available in Asian equity markets over the long term. 

Pacific Tiger Fund is designed with the investment objective of providing long-term capital appreciation by investing in equities in Asia excluding Japan. 

China Fund is designed with the investment objective of achieving long-term capital appreciation by investing in Chinese equities. 

India Fund is designed with the investment objective of achieving long-term capital appreciation by investing in Indian equities.

Media Contact
Lauren Goble
Ryan Financial Communications
lauren@ryanfin.com
Tel. +852-3655-0513

Disclosure
This release does not constitute or contain an offer, solicitation, recommendation or investment advice with respect to the purchase of any of the Funds described herein or any security and such document has not been approved in any jurisdiction. Prospective investors should carefully review the information contained in the offering documents of the Funds and consult their professional legal, tax and financial advisers as to the suitability of any investment in light of their particular circumstances and applicable citizenship, residence or domicile, including any tax or foreign exchange control restrictions. No securities commission or regulatory authority has in any way passed upon the merits of an investment in the Funds or the accuracy or adequacy of this information or the material contained herein or otherwise. The offering documents have not been approved in any jurisdiction where the Funds have not been registered for public offer and sale. This information is not, and under no circumstances is to be construed as a public offering or an offering memorandum as defined under applicable securities legislation. Application for shares may only be made by way of the Funds’ most recent offering documents, which are available from Matthews International Capital Management, LLC or hk.matthewsasia.com. The Funds’ shares may not be sold to citizens or residents of the United States or in any other state, country or jurisdiction where it would be unlawful to offer, solicit an offer for, or sell the shares.