Matthews Pacific Tiger Fund Investor Class · NASDAQ:MAPTX
Matthews Pacific Tiger Fund Investor Class — Matthews International Capital Management — Investor Presentation (2026)
27 slides from Matthews Pacific Tiger Fund Investor Class's investor presentation, Feb 25, 2026
Slide 1: A New Way to Invest in the Future of Emerging Markets and Asia: Active ETFs
A New Way to Invest in the Future of Emerging Markets and Asia: Active ETFs Matthews China Active ETF (MCH) Matthews I Q4 2025 Do not give, show or quoteDotonot any other give, showperson. This or quote document to any is notThis other person. fordocument public distribution anddistribution is not f
Slide 2: Access the Potential of Emerging Markets and Asia in Active ETFs
Access the Potential of Emerging Markets and Asia in Active ETFs We believe − these markets offer investors the best opportunities for long-term growth − Active management is required to successfully invest in these regions We have − An investment team with the experience and expertise needed to nav
Slide 3: Matthews: Emerging Markets, Asia and China Equity Specialist
Matthews: Emerging Markets, Asia and China Equity Specialist Global client base spanning institutional, professional, family offices, private banks and high net-worth investors Active Trusted, Performance Experienced 30+ Years Partner invested in Emerging Markets & Asia Outcomes Global Holistic Risk
Slide 4: Matthews Capabilities
Matthews Capabilities Independent, private, employee ownership drives long-term investment excellence Firm Facts (As of December 31, 2025) Office Locations A History of Innovation 80+ employees 1991—Founded by Paul Matthews 19 investment professionals* London − 10 years average firm tenure 1994—U.S.
Slide 5: Why Sophisticated Investors Actively Partner with Matthews
Why Sophisticated Investors Actively Partner with Matthews Pioneer investor in Emerging Markets and Asia, with a 34-year A Trusted and Experienced Guide track record of generating excess returns in complex markets that demand deep expertise, operational skill and risk acumen Driven by intellectual c
Slide 6: Investment Management Expertise with Potential Benefits of ETF Structure
Investment Management Expertise with Potential Benefits of ETF Structure 1 Potential for Increased Tax Efficiency Structure offers the potential for reduced capital gains 2 Transparency Daily view of portfolio holdings FIVE BENEFITS OF 3 Intraday Liquidity Can buy or sell shares throughout the U.S.
Slide 7: Active ETFs Based on Signature Strategies
Active ETFs Based on Signature Strategies Matthews Emerging Markets Equity Active ETF Matthews Asia Dividend Active ETF MEM Aims to generate attractive returns in Emerging Markets (EM) using a core approach to capture ADVE Aims to generate attractive total returns with lower volatility through inves
Slide 8: Matthews China Active ETF (MCH)
MCH Matthews China Active ETF Aims to generate attractive returns through investment in growth opportunities in China Do not give, show or quote to any other person. This document is not for public distribution and is for institutional/professional investors use only and has not been registered with
Slide 9: Why Matthews for China?
Why Matthews for China? EXPERIENCE 26-year track record in a dedicated China Strategy FOCUS Since 1991 we have managed equities in Emerging Markets and Asia; Today, we deploy a 15+ person investment team focused on generating great investment outcomes for clients EXPERTISE Dedicated China team consi
Slide 10: Matthews China Active ETF (MCH) Portfolio Overview
Matthews China Active ETF (MCH) Portfolio Overview Team Resources FUND FACTS Portfolio Manager* Investment Objective Long-term capital appreciation Andrew Mattock, CFA 33 years of exp. Cap Range All Cap Benchmarks MSCI China Index MSCI China All Shares Index Holdings-Based Style Map** Matthews China
Slide 11: Idea Generation | China Active ETF
Idea Generation | China Active ETF PORTFOLIO MANAGEMENT TEAM* Andrew Mattock, CFA 33 years of exp. Country Teams and Knowledge Platforms China India Innovation Japan Korea Financials Taiwan ASEAN Small & Mid-Cap Broader Investment Team Responsible Investment & Stewardship Analysts Holistic Risk Mana
Slide 12: Matthews China Active ETF Investment Approach
Matthews China Active ETF Investment Approach All share approach — Fund invests in mainland China-listed equity both in HK and on the mainland — No current exposure to Taiwan — Fundamental bottom-up stock selection with a focus on long-term value and cash flow Fundamentally oriented and — GARP* is c
Slide 13: We Believe in an All-Share Approach to Investing in China
We Believe in an All-Share Approach to Investing in China The Chinese equity investment universe comprises various share listings CHINA A SHARES 4,526 companies CHINA ALL-SHARE Market Cap: US$9.88TN APPROACH U.S. ADRs HK SHARES 287 companies 2,300 companies Market Cap: US$701BN Market Cap: US$4.1TN
Slide 14: Matthews China Active ETF Investment Process
Matthews China Active ETF Investment Process Highly Selective With a focus on quality and growth sustainability of business operations, management and corporate governance Portfolio Construction CHINA ACTIVE ETF Stock Selection to − 35 to 65 names Qualitative Assessment Drive Alpha Track earnings an
Slide 15: Idea Generation
Idea Generation Goal: Identify the Top 1% of the Universe KEEPING UP THROUGH RESULTS SEASON — Biannual results review: $1BN+ market cap universe, ~3,400 companies — Identify companies/industries worth following up on — Maintain follow-up watch list for future deep-dives COMPANY VISITS AND MANAGEMENT
Slide 16: Portfolio Construction and Monitoring
Portfolio Construction and Monitoring PORTFOLIO CONSTRUCTION CORE PORTFOLIO GROWTH SEEKING Long-term cash flow predictability FUNDAMENTAL ANALYSIS Tend to prefer domestically oriented — Focused on growth companies (e.g. companies in service — On the ground company that is: sectors) visits — Internet
Slide 17: Buy/Sell Discipline
Buy/ Sell Discipline BUY DISCIPLINE SELL DISCIPLINE TEAM DISCUSSION FUNDAMENTAL ANALYSIS BUY CANDIDATE — Research focus ATTRACTIVE — Impact to overall risks — Industry analysis — Trip planning VALUATIONS? — Diversification merits — Economics of the business — Conviction building — Capital allocation
Slide 18: Portfolio Characteristics | Matthews China Active ETF
Portfolio Characteristics | Matthews China Active ETF As of December 31, 2025 SECTOR BREAKDOWN (%) CHINA EXPOSURE (%) Fund Benchmark Difference Fund Financials 25.7 17.9 7.8 Hong Kong Listed Companies 64.1 Consumer Discretionary 23.7 27.8 -4.1 Mainland China Listed Companies 26.8 Communication Servi
Slide 19: Portfolio Characteristics | Matthews China Active ETF
Portfolio Characteristics | Matthews China Active ETF As of December 31, 2025 MARKET CAP EXPOSURE (%) Fund Benchmark Difference Mega Cap (over $25B) 69.7 75.5 -5.8 Large Cap ($10B-$25B) 17.4 14.8 2.6 Mid Cap ($3B-$10B) 9.4 9.5 -0.1 Small Cap (under $3B) 2.9 0.2 2.7 Cash and Other Assets, Less 0.6 0.
Slide 20: Top Ten Holdings | Matthews China Active ETF
Top Ten Holdings | Matthews China Active ETF As of December 31, 2025 Company Sector % Tencent Holdings, Ltd. Communication Services 9.8 Alibaba Group Holding, Ltd. Consumer Discretionary 8.8 Ping An Insurance Group Co. of China, Ltd. Financials 4.4 China Merchants Bank Co., Ltd. Financials 4.3 CMOC
Slide 21: Investment Returns | Matthews China Active ETF
Investment Returns | Matthews China Active ETF As of December 31, 2025 AVERAGE ANNUAL TOTAL RETURNS 3 Months 1 Year 3 Years Since Inception (07/13/2022) 29.85% 30.21% 31.43% 29.22% 11.85% 10.15% 7.35% 6.95% 7.69% 5.13% 4.96% 5.65% -5.19% -5.18% -4.20% -7.35% Matthews China Active ETF - NAV Matthews
Slide 22: Matthews China Fund Investment Team
Matthews China Fund Investment Team* ANDREW MATTOCK, CFA Andrew Mattock is a Portfolio Manager at Matthews. Prior to joining Matthews in 2015, he was a Fund Manager at Henderson Global Investors for 15 years, first in London and then in Singapore, managing Asia Pacific equities. Andrew holds a Bache
Slide 23: A New Way to Invest in Emerging Markets and Asia
A New Way to Invest in Emerging Markets and Asia Access the potential of the world’s most dynamic economies with active ETFs from the experts MATTHEWS ACTIVE ETFs — Time-tested investment process — Potential to outperform — Investment team with the — Flexibility to buy and sell expertise needed to s
Slide 24: Contact Us
Contacting the Matthews Client Services team: Contact Us: Phone: 888.289.7988 To learn more about Matthews or how our strategies Email: clientservices@matthewsasia.com can complement globally diversified portfolios, please contact the Matthews Client Services Team Web: matthewsasia.com Do not give,
Slide 25: Disclosure
Disclosure You should carefully consider the investment objectives, risks, charges and expenses of the Matthews Asia Funds before making an investment decision. A prospectus or summary prospectus with this and other information about the Funds may be obtained by visiting matthewsasia.com. Please rea
Slide 26: Index Definitions
Index Definitions The Bloomberg European 500 Index is a free float capitalization-weighted index of the 500 most highly capitalized European companies. The iShares MSCI Emerging Markets ETF (EEM) is an exchange-traded fund incorporated in the USA. The ETF tracks the performance of the MSCI TR Emergi
Slide 27: Index Definitions
Index Definitions The MSCI Europe Small Cap Index captures small cap representation across the 15 Developed Markets (DM) countries in Europe. With 985 constituents, the index covers approximately 14% of the free float-adjusted market capitalization in the European equity universe. The MSCI Frontier
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