Performance & Rankings

Fund Performance through July 31, 2008

				(Avg. Annual Total Returns as of 07/31/2008)
								Incept:
	July '08	3 Month	YTD	1 Year	3 Year	5 Year	10 Year	10/31/05
India (MINDX)	4.31%	-22.14%	-34.66%	-12.00%	n/a	n/a	n/a	20.18%
Bombay Stock Exchange 100 Index	8.31%	-21.70%	-37.21%	-9.96%	n/a	n/a	n/a	28.14%

Fund Performance through June 30, 2008

				(Avg. Annual Total Returns as of 06/30/2008)
								Incept:
	June '08	3 Month	YTD	1 Year	3 Year	5 Year	10 Year	10/31/05
India (MINDX)	-17.60%	-18.69%	-37.36%	-13.05%	n/a	n/a	n/a	18.98%
Bombay Stock Exchange 100 Index	-20.52%	-20.14%	-42.03%	-11.84%	n/a	n/a	n/a	25.35%

 

All performance is in US$ with gross dividends reinvested.

Assumes reinvestment of all dividends and/or distributions. Past performance is not indicative of future results. Unusually high returns may not be sustainable. Investment return and principal value will fluctuate with changing market conditions so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the return figures quoted. Returns are net of the Funds' management fee and other operating expenses. Returns would have been lower if certain of the Funds' fees and expenses had not been waived. The performance of foreign indices may be based on different exchange rates than those used by the Funds and, unlike the Fund's NAV, is not adjusted to reflect fair value at the close of regular trading on the New York Stock Exchange on each day that the exchange is open for trading, generally 4:00 pm Eastern Time.

* The Bombay Stock Exchange 100 Index is a free float-adjusted market capitalization-weighted index of the 100 stocks listed on the Bombay Stock Exchange. It is not possible to invest directly in an index. Source: Index data from Morgan Stanley Capital Management; total return calculations performed by PFPC, Inc.

Fees and Expenses

¹ Ratio has been restated to reflect current management and administrative and shareholder servicing fees expected to be incurred by the Funds and paid to the Advisor. Matthews Asian Funds do not charge 12b-1 fees.

 

 Morningstar® Ratings™

Because the Matthews India Fund does not yet have a three-year track record, which is required by Morningstar® for rating purposes, it has not yet been rated.

 

 Lipper Rankings as of June 30, 2008

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: Emerging Markets

	1 Year	3 Years	5 Years	10 Years	Since Inception 10/31/05
Quartile Rank	4th 261 of 280	n/a	n/a	n/a	4th 190 of 208

 

 

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 Asian 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.