Effective today, the
Matthews Asian Growth and Income Fund will be closed to most new investorsbut will continue to accept investments from existing shareholders.
According to a regulatory
filing Matthews International Capital Management [see profile] is limiting its sales to new investors because because its believes that "continued unlimited sales may adversely affect the Fund’s ability to achieve its investment objective".
The fund managed some $4 billion as of the end of December 2010.  
Edited by:
Hung Tran
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