Matthews Asia Growth Fund

Matthews Asia Growth Fund

MPACX
Matthews Asia Growth FundUS flagNASDAQ
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USD
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No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

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Growth Rates

FRC

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Quarterly Revenue

FRC

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

FRC

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Asset Management
Address
Four Embarcadero Center San Francisco CA United States of America 94111
IPO Date
Oct 31, 2003
Business
Matthews Asia Growth Fund (MPACX) is a mutual fund managed by Matthews International Funds, which seeks long-term capital appreciation through investments primarily in common and preferred stocks of companies benefiting from the development, expansion and increased consumer demand of the Asia Pacific region; the fund targets growth-oriented companies across diverse sectors including technology, consumer discretionary, financials, healthcare, industrials and materials. Core offerings include exposure to small-, medium- and large-cap equities domiciled or conducting significant business in Asia Pacific countries such as China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand and Australia, with a flexible portfolio construction that may include up to 25% in fixed-income securities or other instruments; the fund employs a bottom-up fundamental research process emphasizing companies with sustainable growth prospects, competitive advantages and capable management teams. Matthews Asia Growth Fund operates globally with a focus on institutional and retail investors seeking Asia ex-Japan equity exposure, headquartered in San Francisco, California, under Matthews Asia, part of the Matthews group founded in 1994. Recent developments include a strategic enhancement in 2024 with the launch of additional share classes to broaden accessibility amid rising interest in Asian growth markets, alongside portfolio manager adjustments to navigate geopolitical tensions and supply chain shifts; in late 2023, the fund benefited from Matthews Asia's expanded research capabilities through key analyst hires focused on emerging sectors like electric vehicles and digital transformation in Southeast Asia.