MITEX Performance — Matthews Asia Innovators Fund, Institutional Class
Data updated: 2026-08-24
MITEX returned +67.35% year to date and +93.14% over one year to Jun 2026. Annualised returns are +36.77% over 3 years and +9.31% over 5 years. The fund beat its Asia-Pacific Equity category average: $100 invested three years ago grew to $256, against $172 for the category, and to $193 over one year, against $137. Volatility over the past three years was 24.06% a year. In the 12 months to Jun 2026 the fund lost a net $26.2M, and assets reached $514.07M.
MITEX Growth of $100
What $100 invested in Matthews Asia Innovators 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 | MITEX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $193 | $137 |
| 3 years (Jul 2023 – Jun 2026) | $256 | $172 |
| 5 years (Jul 2021 – Jun 2026) | $156 | $136 |
| Since data start (Jul 2019 – Jun 2026) | $334 | $192 |
MITEX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +67.35% |
| 1 year | +93.14% |
| 3 years (annualised) | +36.77% |
| 5 years (annualised) | +9.31% |
MITEX Annual Returns
Calendar-year total returns of Matthews Asia Innovators Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +67.35% |
| 2025 | +30.42% |
| 2024 | +16.56% |
| 2023 | −1.61% |
| 2022 | −24.73% |
| 2021 | −12.95% |
| 2020 | +87.03% |
| 2019 (Jul–Dec) | +8.84% |
MITEX 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 | +9.0% | +8.5% | −8.8% | +28.2% | +19.0% | +1.7% | — | — | — | — | — | — |
| 2025 | +0.7% | +1.7% | −0.4% | −1.7% | +5.0% | +7.4% | +4.2% | +4.3% | +9.3% | +1.4% | −5.9% | +1.8% |
| 2024 | −2.2% | +7.5% | +1.9% | −0.2% | +1.8% | +5.5% | −1.9% | +0.4% | +6.7% | −2.3% | +0.8% | −1.9% |
| 2023 | +11.1% | −10.6% | +3.2% | −4.9% | −2.3% | +2.7% | +6.3% | −6.4% | −4.7% | −3.7% | +8.5% | +1.6% |
| 2022 | −5.3% | −6.2% | −8.7% | −4.3% | +0.2% | +4.5% | −4.0% | +0.5% | −11.4% | −10.8% | +22.9% | −1.0% |
| 2021 | +6.8% | +1.0% | −7.9% | +1.9% | +0.4% | +3.4% | −10.8% | +3.6% | −3.9% | +4.1% | −5.3% | −5.5% |
| 2020 | −1.2% | +2.5% | −9.5% | +11.4% | +8.2% | +15.2% | +6.8% | +7.4% | −0.7% | +1.9% | +13.1% | +12.1% |
| 2019 | — | — | — | — | — | — | −2.1% | −1.7% | −0.1% | +4.9% | +1.8% | +6.1% |
MITEX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 24.06%
- 3-year Sharpe ratio: 1.34 (vs 4.5% risk-free rate)
- Best month: +28.16% (Apr 2026)
- Worst month: −8.78% (Mar 2026)
MITEX Fund Flows
Monthly money in and out of Matthews Asia Innovators Fund, from SEC Form N-PORT.
- 12-month net flow: −$26.2M
- 12-month gross sales (incl. reinvestments): $98.8M
- Sales ÷ redemptions: 0.79×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $13.4M | $13.7M | −$336K |
| May 2026 | $13.6M | $22.8M | −$9.2M |
| Apr 2026 | $6.2M | $9.7M | −$3.5M |
| Mar 2026 | $3.3M | $20.3M | −$17.0M |
| Feb 2026 | $19.2M | $4.3M | $14.8M |
| Jan 2026 | $4.3M | $5.0M | −$780K |
| Dec 2025 | $2.7M | $6.7M | −$4.0M |
| Nov 2025 | $8.6M | $4.6M | $4.0M |
| Oct 2025 | $2.8M | $4.6M | −$1.8M |
| Sep 2025 | $16.1M | $22.9M | −$6.8M |
| Aug 2025 | $3.3M | $4.8M | −$1.5M |
| Jul 2025 | $5.4M | $5.4M | −$54K |
MITEX Assets Under Management
Net assets of Matthews Asia Innovators Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $514.07M |
| 2026-03-31 | $341.03M |
| 2025-12-31 | $318.78M |
| 2025-09-30 | $329.93M |
| 2025-06-30 | $284.95M |
| 2025-03-31 | $251.95M |
| 2024-12-31 | $247.30M |
| 2024-09-30 | $319.10M |
| 2024-06-28 | $314.24M |
| 2024-03-28 | $299.43M |
| 2023-12-29 | $314.05M |
| 2023-09-29 | $387.45M |
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.