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Matthews Asia Dividend Instl (MIPIX)

16.58 Down 0.05(0.30%) Aug 29

Profile as of Jul 30, 2014Get Profile for:
Matthews Asia Dividend Instl
Four Embarcadero CenterSuite 550San Francisco CA 94111
Phone: 800-789-2742
Fund Overview 
Category:Diversified Pacific/Asia
Fund Family:Matthews Asia Funds
Net Assets:5.42B
Year-to-Date Return:6.39%
Morningstar Rating:5 stars
Fund Inception Date:Oct 29, 2010
Morningstar Style Box 
Diversified Pacific/Asia
[View Category Definition]
View Top Diversified Pacific/Asia Funds
About the Morningstar Style Box
Management Information 
Jesper Madsen
Lead Manager since Oct 31, 2006
Jesper Madsen is a Portfolio Manager at Matthews International Capital Management, LLC, and manages the firm’s Asian Growth and Income, Asia Dividend and China Dividend strategies. Prior to joining Matthews in 2004 as a Research Analyst, Jesper was an Analyst at Charter Equity Research and also worked with the Fixed Income group at Barclays Global Investors. He has traveled extensively, including living and working in China. Jesper received a B.A. in Politics, Philosophy and Economics from the University of York in the United Kingdom.
Investment Information 
Min Initial Investment:3,000,000
Min Initial Investment, IRA:3,000,000
Min Initial Investment, AIP:N/A
Min Subsequent Investment:100
Min Subsequent Investment, IRA:100
Min Subsequent Investment, AIP:N/A
MIPIX can be purchased from 28 brokerages.

Fund Summary 
The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in dividend-paying equity securities of companies located in Asia. It may also invest in convertible debt and equity securities.

Fund Operations 
Last Dividend (Jun 18, 2014) : 0.11
Last Cap Gain : 0.00
Annual Holdings Turnover (Aug 27, 2014) : 14.06%
Average for Category:52.08%
Fees & Expenses 
ExpenseMIPIXCategory Avg
Annual Report Expense Ratio (net):0.93%1.38%
Prospectus Net Expense Ratio:0.93%N/A
Prospectus Gross Expense Ratio:0.93%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A5.56%
Max Deferred Sales Load: N/A2.25%
3 Yr Expense Projection*:296551
5 Yr Expense Projection*:515883
10 Yr Expense Projection*:1,1431,803
* Per $10,000 invested