Performance & Rankings

Fund Performance through June 30, 2010

				(Avg. Annual Total Returns as of 06/30/2010)
								Incept:
	Jun '10	3 Month	YTD	1 Year	3 Year	5 Year	10 Year	09/15/08
Asia Small Companies (MSMLX)	5.36%	-1.69%	3.29%	42.44%	n/a	n/a	n/a	32.57%
MSCI AC Asia ex-Japan Small Cap Index	2.06%	-5.98%	-1.91%	32.04%	n/a	n/a	n/a	22.45%

Assumes reinvestment of all dividends and/or distributions before taxes. All performance quoted represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate with market conditions so that when redeemed, shares may be worth more or less than their original cost. Current performance may be lower or higher than the return figures quoted. Returns would have been lower if certain of the Fund ’s fees and expenses had not been waived.

Additional performance, attribution, security classification and holdings information is available on request for certain time periods.

*The MSCI All Country (AC) Asia ex Japan Small Cap Index is a free float–adjusted market capitalization–weighted small cap index of the stock markets of China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. It is not possible to invest directly in an index. Source: Index data from Morgan Stanley Capital Management; total return calculations performed by BNY Mellon Investment Servicing Inc.

Fees and Expenses

¹ Matthews Asia Funds does not charge 12b-1 fees.

² Matthews has contractually agreed to waive fees and reimburse expenses until April 30, 2012 to the extent needed to limit Total Annual Operating Expenses to 2.00%. The amount of the waiver is based on estimated Fund expenses. The fee waiver may be terminated at any time by the Trust on 60 days’ written notice.

Select performance attribution information is available on request for certain time periods.

 

 Lipper Rankings as of June 30, 2010

Lipper Analytical Services, Inc. rankings and fund performance do not reflect sales charges and are based on total return, including reinvestment of dividends and capital gains for the stated periods.

Lipper category: Pacific ex-Japan

	1 Year	3 Years	5 Years	10 Years	Since Inception 09/15/08
Quartile Rank	1st 1 of 54	n/a	n/a	n/a	1st 3 of 47

 

Past performance does not guarantee future results. Investment return and principal value of mutual funds will vary with market conditions so that shares, when redeemed, may be worth more or less than their original cost. Lipper Analytical Services, Inc. rankings and fund performance do not reflect sales charges and are based on total return, including reinvestment of dividends and capital gains for the stated periods. For more complete information about Matthews Asia Funds, including fees and expenses, please obtain a prospectus by calling 1.800.789.ASIA (2742). Please read it carefully before you invest or send money as it explains the risks associated with investing in international markets. Investing in foreign securities may involve certain additional risks, including exchange rate fluctuation, less liquidity, greater volatility, and less regulation. Single-country or sector funds may be subject to a higher degree of market risk than diversified funds because of concentration in a specific industry, sector or geographic sector.