MIKOX Performance — Matthews Korea Fund, Institutional Class
Data updated: 2023-08-28
MIKOX returned +8.63% over one year to Jun 2023. The annualised 3-year return is +6.14%. The fund trailed its Europe Equity category average: $100 invested three years ago grew to $120, against $125 for the category, and to $109 over one year, against $117. Volatility over the past three years was 24.23% a year. In the 12 months to Jun 2023 the fund took in a net $189.3M, and assets reached $65.11M.
MIKOX Growth of $100
What $100 invested in Matthews Korea Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Europe Equity category average over the same months.
| Period | MIKOX | Category average |
|---|---|---|
| 1 year (Jul 2022 – Jun 2023) | $109 | $117 |
| 3 years (Jul 2020 – Jun 2023) | $120 | $125 |
| Since data start (Jul 2019 – Jun 2023) | $120 | $121 |
MIKOX Trailing Returns
Total returns to Jun 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +8.63% |
| 3 years (annualised) | +6.14% |
MIKOX Annual Returns
Calendar-year total returns of Matthews Korea Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jun) | +9.15% |
| 2022 | −25.40% |
| 2021 | −0.15% |
| 2020 | +40.76% |
| 2019 (Jul–Dec) | +4.68% |
MIKOX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +9.6% | −7.8% | +4.6% | −2.9% | +3.8% | +2.5% | — | — | — | — | — | — |
| 2022 | −6.1% | −1.1% | −0.8% | −6.0% | +2.8% | −15.8% | +4.6% | −4.4% | −15.8% | +7.7% | +14.8% | −4.5% |
| 2021 | +2.8% | −0.2% | +1.9% | +3.7% | +0.1% | +3.3% | −5.5% | −2.1% | −4.8% | −0.5% | −4.8% | +6.8% |
| 2020 | −5.4% | −6.0% | −12.7% | +9.3% | +4.8% | +7.6% | +8.0% | +4.2% | +0.8% | +0.8% | +12.8% | +14.0% |
| 2019 | — | — | — | — | — | — | −6.1% | −3.3% | +4.1% | +2.8% | −0.2% | +8.0% |
MIKOX Risk
Risk measures from monthly returns over Jul 2020 – Jun 2023.
- 3-year volatility (annualised): 24.23%
- 3-year Sharpe ratio: 0.07 (vs 4.5% risk-free rate)
- Best month: +14.83% (Nov 2022)
- Worst month: −15.82% (Jun 2022)
MIKOX Fund Flows
Monthly money in and out of Matthews Korea Fund, from SEC Form N-PORT.
- 12-month net flow: $189.3M
- 12-month gross sales (incl. reinvestments): $81.3M
- Sales ÷ redemptions: -0.75×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2023 | $63.7M | −$65.5M | $129.2M |
| May 2023 | $316K | −$1.9M | $2.2M |
| Apr 2023 | $720K | −$9.8M | $10.6M |
| Mar 2023 | $274K | −$978K | $1.3M |
| Feb 2023 | $876K | −$3.9M | $4.8M |
| Jan 2023 | $173K | −$5.1M | $5.2M |
| Dec 2022 | $9.0M | −$11.8M | $20.8M |
| Nov 2022 | $5.1M | −$980K | $6.1M |
| Oct 2022 | $377K | −$4.7M | $5.1M |
| Sep 2022 | $327K | −$1.5M | $1.8M |
| Aug 2022 | $146K | −$771K | $917K |
| Jul 2022 | $257K | −$1.2M | $1.5M |
MIKOX Assets Under Management
Net assets of Matthews Korea Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-06-30 | $65.11M |
| 2023-03-31 | $76.56M |
| 2022-12-30 | $80.54M |
| 2022-09-30 | $77.94M |
| 2022-06-30 | $95.40M |
| 2022-03-31 | $121.43M |
| 2021-12-31 | $132.95M |
| 2021-09-30 | $135.41M |
| 2021-06-30 | $160.81M |
| 2021-03-31 | $155.86M |
| 2020-12-31 | $154.07M |
| 2020-09-30 | $107.65M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.