Matthews Pacific Tiger Fund

Overview

The Matthews Pacific Tiger Fund is a mutual fund managed by Matthews Asia, focusing on equity investments in Asia's emerging economies. The fund seeks to achieve long-term capital appreciation by investing at least 80% of its net assets in the common and preferred stocks of companies located in Asia, excluding Japan. The investment strategy emphasizes companies capable of sustainable growth, assessed through fundamental characteristics such as balance sheet information, cash flow stability, management quality, product lines, marketing strategies, corporate governance, and financial health. The fund employs an all-cap fundamental approach, driven by on-the-ground, proprietary research. It aims to capitalize on the rising consumer demand in Asia by focusing on sustainable growth companies across various sectors, including technology, consumer goods, healthcare, and financial services. The portfolio is constructed to be highly differentiated, offering exposure to names often under-represented in broader global equity strategies. As of December 31, 2025, the fund reported net assets of $745.3 million. The fund's performance is benchmarked against the MSCI All Country Asia ex Japan Index. The fund's inception date was September 12, 1994, and it is available in both Investor and Institutional share classes, with minimum initial investments of $2,500 and $100,000, respectively. The gross expense ratios are 1.22% for the Investor Class and 1.09% for the Institutional Class. The fund is managed by Matthews International Capital Management, LLC, with portfolio managers including Inbok Song and Andrew Mattock, CFA. The fund's investment philosophy is rooted in a bottom-up, fundamental investment approach, focusing on long-term investment performance in Asia's dynamic markets. Investors should be aware that investments in Asian securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility, and limited regulation. Investing in emerging and frontier markets involves different and greater risks, as these countries are substantially smaller, less liquid, and more volatile than securities markets in more developed markets. These and other risks associated with investing in the fund can be found in the prospectus.

Investment Focus

• Minimum initial investment: $2,500 (Investor Class), $100,000 (Institutional Class)
• Gross expense ratio: 1.22% (Investor Class), 1.09% (Institutional Class)

Portfolio Companies