- What does MITEX invest in?
- Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Asia that Matthews believes are innovators in their products, services, processes, business models, management, use of technology, or approach to creating, expanding or servicing their markets. It is non-diversified.
- What is the expense ratio of MITEX?
- MATTHEWS ASIA INNOVATORS FUND Institutional Class (MITEX) charges an expense ratio of 1.13%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MITEX?
- MATTHEWS ASIA INNOVATORS FUND Institutional Class (MITEX) is one share class of a fund that manages $464.9M across all of its share classes (MATFX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is MITEX actively managed or an index fund?
- MITEX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MITEX's is 1.13%) in exchange for the discretion to over- or under-weight positions.
- When was MITEX launched?
- MATTHEWS ASIA INNOVATORS FUND Institutional Class (MITEX) launched in May 2013 and is managed by Innovator.
- How has MITEX performed?
- MITEX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
