Matthews Emerging Markets Equity Inv
MEGMX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Chicago, IL 60611 Chicago IL United States of America 60611
- IPO Date
- Apr 30, 2020
- CIK
- 0000923184
- Website
- matthewsasia.com
- Similar Companies
- Business
- Matthews Emerging Markets Equity Fund (MEGMX) is an open-end mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets in common and preferred stocks of companies located in emerging market countries, which generally include every country in the world except the United States, Australia, Canada, Hong Kong, Israel, Japan, New Zealand, Singapore, and most Western European countries; the fund employs a bottom-up, fundamental investment approach emphasizing companies with higher growth and quality metrics than the broader market, incorporating macroeconomic frameworks, EPS growth and P/E analysis for stock selection, and risk management to control beta exposure and key risk drivers; its portfolio is diversified across sectors such as financials (33%), information technology (20%), and consumer discretionary (16%), with significant allocations to China/Hong Kong (31%), India (22%), Taiwan (15%), and South Korea (13%), and top holdings including Taiwan Semiconductor Manufacturing Co. Ltd., Tencent Holdings Ltd., and HDFC Bank Ltd. The fund, domiciled in the United States and available primarily to U.S. investors, targets institutional and retail customers including those pursuing diversified emerging markets exposure in the large-cap growth style within the Morningstar Diversified Emerging Mkts category; it benchmarks performance against the MSCI Emerging Markets Index and maintains net assets of approximately $252 million as of mid-2025, with an investor class net expense ratio of 1.11% after contractual waivers through April 30, 2026. Launched on April 30, 2020, the fund is managed by Matthews International Capital Management, LLC, the U.S.-based advisor and largest dedicated Asia-only investment specialist with over $6.5 billion in assets under management as of June 2025 and headquarters in San Francisco, California; portfolio management responsibilities shifted to Sean Taylor and Jeremy Sutch, who assumed roles on December 19, 2023. In recent developments, on September 8, 2025, Matthews Asia Funds, including MEGMX, updated its approach for estimating taxes payable to India, resulting in a one-time net asset value increase across affected emerging markets strategies; the firm also maintains a contractual fee waiver and expense reimbursement agreement extended through April 30, 2026 to cap total annual operating expenses.