MISMX Performance — Matthews Emerging Markets Small Companies Fund, Institutional Class
Data updated: 2026-08-24
MISMX returned +25.47% year to date and +27.06% over one year to Jun 2026. Annualised returns are +12.26% over 3 years and +6.78% over 5 years. The fund trailed its Asia-Pacific Equity category average: $100 invested three years ago grew to $141, against $172 for the category, and to $127 over one year, against $137. Volatility over the past three years was 18.31% a year. In the 12 months to Jun 2026 the fund lost a net $167.8M, and assets reached $441.47M.
MISMX Growth of $100
What $100 invested in Matthews Emerging Markets Small Companies Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Asia-Pacific Equity category average over the same months.
| Period | MISMX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $127 | $137 |
| 3 years (Jul 2023 – Jun 2026) | $141 | $172 |
| 5 years (Jul 2021 – Jun 2026) | $139 | $136 |
| Since data start (Jul 2019 – Jun 2026) | $247 | $192 |
MISMX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +25.47% |
| 1 year | +27.06% |
| 3 years (annualised) | +12.26% |
| 5 years (annualised) | +6.78% |
MISMX Annual Returns
Calendar-year total returns of Matthews Emerging Markets Small Companies Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +25.47% |
| 2025 | +13.77% |
| 2024 | −5.84% |
| 2023 | +20.12% |
| 2022 | −16.66% |
| 2021 | +22.39% |
| 2020 | +43.90% |
| 2019 (Jul–Dec) | +4.36% |
MISMX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.8% | +6.0% | −9.8% | +19.2% | +2.0% | +1.0% | — | — | — | — | — | — |
| 2025 | −2.7% | +0.3% | +0.4% | +2.4% | +4.0% | +7.7% | −1.5% | +3.7% | +0.6% | +2.4% | −2.4% | −1.5% |
| 2024 | −2.2% | +5.1% | −2.8% | 0.0% | −1.1% | +1.4% | +1.1% | +2.2% | +3.4% | −5.6% | −4.1% | −3.0% |
| 2023 | +8.5% | −4.5% | +1.9% | +2.7% | −0.8% | +6.1% | +8.1% | −5.5% | −2.3% | −6.2% | +9.3% | +2.9% |
| 2022 | −5.7% | −3.9% | −1.9% | −5.7% | +4.8% | −6.9% | +1.2% | +1.5% | −9.2% | −0.6% | +12.3% | −2.3% |
| 2021 | +3.6% | +1.2% | −4.1% | +5.9% | +4.0% | +7.2% | +3.2% | −1.5% | −0.3% | +4.2% | −0.2% | −2.1% |
| 2020 | −0.7% | −1.6% | −17.9% | +14.6% | +5.8% | +13.3% | +3.0% | +3.1% | +0.1% | +0.7% | +6.8% | +14.3% |
| 2019 | — | — | — | — | — | — | −1.9% | −1.1% | +3.2% | +2.8% | −2.3% | +3.8% |
MISMX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 18.31%
- 3-year Sharpe ratio: 0.42 (vs 4.5% risk-free rate)
- Best month: +19.16% (Apr 2026)
- Worst month: −9.84% (Mar 2026)
MISMX Fund Flows
Monthly money in and out of Matthews Emerging Markets Small Companies Fund, from SEC Form N-PORT.
- 12-month net flow: −$167.8M
- 12-month gross sales (incl. reinvestments): $67.5M
- Sales ÷ redemptions: 0.29×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $5.6M | $10.9M | −$5.3M |
| May 2026 | $4.1M | $14.2M | −$10.2M |
| Apr 2026 | $5.0M | $22.7M | −$17.7M |
| Mar 2026 | $3.9M | $17.4M | −$13.5M |
| Feb 2026 | $5.0M | $23.3M | −$18.3M |
| Jan 2026 | $4.5M | $32.6M | −$28.1M |
| Dec 2025 | $11.5M | $14.6M | −$3.1M |
| Nov 2025 | $3.7M | $20.2M | −$16.4M |
| Oct 2025 | $4.3M | $12.2M | −$7.9M |
| Sep 2025 | $5.0M | $12.3M | −$7.3M |
| Aug 2025 | $11.0M | $34.3M | −$23.3M |
| Jul 2025 | $4.0M | $20.6M | −$16.6M |
MISMX Assets Under Management
Net assets of Matthews Emerging Markets Small Companies Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $441.47M |
| 2026-03-31 | $388.15M |
| 2025-12-31 | $436.93M |
| 2025-09-30 | $478.70M |
| 2025-06-30 | $512.53M |
| 2025-03-31 | $477.44M |
| 2024-12-31 | $573.66M |
| 2024-09-30 | $732.85M |
| 2024-06-28 | $693.24M |
| 2024-03-28 | $681.63M |
| 2023-12-29 | $614.68M |
| 2023-09-29 | $589.05M |
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.