Matthews Asia has reduced the maximum ongoing charges figures (OCFs) across the range of Matthews Asia Funds UCITS equity sub-funds effective immediately (from 1 October 2020).
The equity UCITS range, which is distributed across Europe and the UK, will see their OCFs reduced by 20 to 45 basis points depending on the fund and its share class, representing a 9%-36% reduction. The decision to cut OCFs, according to the firm, will "directly benefit investors across the Matthews Asia funds range", including those invested in the company's most widely-held mandate - the Matthews Pacific Tiger fund - as well as the Matthews Asia ex-Japan Dividend and Matthews Asia Dividend funds. Matthews Asia China, India, Japan, China Dividend, Asia Small Companies and China Small ...
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