# EDGAR Filing Document

**Accession Number:** 0000923184
**File Stem:** 0000940400-25-009750
**Filing Date:** 2025-11
**Character Count:** 34923
**Document Hash:** ace5a449de3759183f583c786623dde6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009750.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009750

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MATTHEWS INTERNATIONAL FUNDS
- **CENTRAL INDEX KEY:** 0000923184

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08510
- **FILM NUMBER:** 251513064

**BUSINESS ADDRESS:**
- **STREET 1:** FOUR EMBARCADERO CENTER
- **STREET 2:** SUITE 550
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111
- **BUSINESS PHONE:** 8007898742

**MAIL ADDRESS:**
- **STREET 1:** FOUR EMBARCADERO CENTER
- **STREET 2:** SUITE 550
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111

## Series and Classes Contracts Data

### Matthews India Active ETF (Series ID: S000081864)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000245021 | Matthews India Active ETF | INDE            |

## Nport-Ex

Matthews India Active ETFSeptember 30, 2025

*Schedule of Investments*<sup>a</sup> *(unaudited)*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES: 101.6%** | **COMMON EQUITIES: 101.6%** | |
|  | **Shares** | <br>**Value** |
| **Financials: 31.1%** | **Financials: 31.1%** | **Financials: 31.1%** |
| **Banks: 18.5%** | **Banks: 18.5%** | **Banks: 18.5%** |
| HDFC Bank, Ltd. | 70002 | $749779 |
| ICICI Bank, Ltd. | 34386 | 522052 |
| State Bank of India | 15038 | 147765 |
| Axis Bank, Ltd. | 9840 | 125409 |
| Kotak Mahindra Bank, Ltd. | 5362 | 120340 |
| Federal Bank, Ltd. | 26520 | 57626 |
| HDFC Bank, Ltd. ADR | 900 | 30744 |
|  |  | **1753715** |
| **Consumer Finance: 8.7%** | **Consumer Finance: 8.7%** | **Consumer Finance: 8.7%** |
| Bajaj Finance, Ltd. | 38960 | 438312 |
| Shriram Finance, Ltd. | 44166 | 306465 |
| Cholamandalam Investment and Finance Co., Ltd. | 4265 | 77376 |
|  |  | **822153** |
| **Insurance: 2.8%** | **Insurance: 2.8%** | **Insurance: 2.8%** |
| Max Financial Services, Ltd.<sup>b</sup> <br>| 8902 | 158000 |
| ICICI Lombard General Insurance Co., Ltd.<sup>c,d</sup> <br>| 2825 | 60128 |
| PB Fintech, Ltd.<sup>b</sup> <br>| 2210 | 42364 |
|  |  | **260492** |
| **Capital Markets: 1.1%** | **Capital Markets: 1.1%** | **Capital Markets: 1.1%** |
| Nippon Life India Asset Management, Ltd.<sup>c,d</sup> <br>| 5395 | 52763 |
| 360 ONE WAM, Ltd. | 4164 | 48023 |
|  |  | **100786** |
| **Total Financials** |  | **2937146** |
| **Consumer Discretionary: 30.7%** | **Consumer Discretionary: 30.7%** | **Consumer Discretionary: 30.7%** |
| **Hotels, Restaurants & Leisure: 15.5%** | **Hotels, Restaurants & Leisure: 15.5%** | **Hotels, Restaurants & Leisure: 15.5%** |
| Eternal, Ltd.<sup>b</sup> <br>| 194227 | 712037 |
| Swiggy, Ltd.<sup>b</sup> <br>| 109027 | 519356 |
| Le Travenues Technology, Ltd.<sup>b,d</sup> <br>| 77078 | 230222 |
|  |  | **1461615** |
| **Automobiles: 8.2%** | **Automobiles: 8.2%** | **Automobiles: 8.2%** |
| Mahindra & Mahindra, Ltd. | 7169 | 276704 |
| Eicher Motors, Ltd. | 2809 | 221632 |
| TVS Motor Co., Ltd. | 4295 | 166341 |
| Maruti Suzuki India, Ltd. | 633 | 114275 |
|  |  | **778952** |
| **Specialty Retail: 3.4%** | **Specialty Retail: 3.4%** | **Specialty Retail: 3.4%** |
| Thanga Mayil Jewellery, Ltd. | 14120 | **320205** |
| **Textiles, Apparel & Luxury Goods: 2.9%** | **Textiles, Apparel & Luxury Goods: 2.9%** | **Textiles, Apparel & Luxury Goods: 2.9%** |
| Campus Activewear, Ltd. | 65549 | 199034 |
| Titan Co., Ltd. | 1892 | 71748 |
|  |  | **270782** |
| **Household Durables: 0.7%** | **Household Durables: 0.7%** | **Household Durables: 0.7%** |
| Crompton Greaves Consumer Electricals, Ltd. | 21380 | **70144** |
| **Total Consumer Discretionary** |  | **2901698** |
| **Health Care: 7.5%** | **Health Care: 7.5%** | **Health Care: 7.5%** |
| **Pharmaceuticals: 4.7%** | **Pharmaceuticals: 4.7%** | **Pharmaceuticals: 4.7%** |
| Neuland Laboratories, Ltd. | 1340 | 220419 |
| Amrutanjan Health Care, Ltd. | 15273 | 122750 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| Sun Pharmaceutical Industries, Ltd. | 2670 | $47943 |
| Lupin, Ltd. | 2218 | 47745 |
|  |  | **438857** |
| **Health Care Providers & Services: 2.4%** | **Health Care Providers & Services: 2.4%** | **Health Care Providers & Services: 2.4%** |
| Metropolis Healthcare, Ltd.<sup>b,c,d</sup> <br>| 5878 | 134788 |
| Yatharth Hospital & Trauma Care Services, Ltd.<sup>b,d</sup> <br>| 11217 | 93638 |
|  |  | **228426** |
| **Life Sciences Tools & Services: 0.4%** | **Life Sciences Tools & Services: 0.4%** | **Life Sciences Tools & Services: 0.4%** |
| Divi's Laboratories, Ltd. | 621 | **39793** |
| **Total Health Care** |  | **707076** |
| **Consumer Staples: 7.4%** | **Consumer Staples: 7.4%** | **Consumer Staples: 7.4%** |
| **Food Products: 3.3%** | **Food Products: 3.3%** | **Food Products: 3.3%** |
| Marico, Ltd. | 25364 | 199224 |
| Tata Consumer Products, Ltd. | 8954 | 113886 |
|  |  | **313110** |
| **Personal Care Products: 2.8%** | **Personal Care Products: 2.8%** | **Personal Care Products: 2.8%** |
| Hindustan Unilever, Ltd. | 6990 | 197949 |
| Godrej Consumer Products, Ltd. | 4865 | 63938 |
|  |  | **261887** |
| **Tobacco: 0.8%** | **Tobacco: 0.8%** | **Tobacco: 0.8%** |
| ITC, Ltd. | 17862 | **80781** |
| **Beverages: 0.5%** | **Beverages: 0.5%** | **Beverages: 0.5%** |
| Varun Beverages, Ltd. | 8661 | **43281** |
| **Total Consumer Staples** |  | **699059** |
| **Information Technology: 7.0%** | **Information Technology: 7.0%** | **Information Technology: 7.0%** |
| **IT Services: 5.1%** | **IT Services: 5.1%** | **IT Services: 5.1%** |
| Infosys, Ltd. | 16382 | 266020 |
| Coforge, Ltd. | 4731 | 84774 |
| Persistent Systems, Ltd. | 1540 | 83644 |
| Tata Consultancy Services, Ltd. | 1430 | 46520 |
|  |  | **480958** |
| **Electronic Equipment, Instruments & Components: 1.2%** | **Electronic Equipment, Instruments & Components: 1.2%** | **Electronic Equipment, Instruments & Components: 1.2%** |
| Avalon Technologies, Ltd.<sup>b,c,d</sup> <br>| 9975 | **113373** |
| **Software: 0.7%** | **Software: 0.7%** | **Software: 0.7%** |
| AurionPro Solutions, Ltd. | 5375 | **69012** |
| **Total Information Technology** |  | **663343** |
| **Industrials: 6.9%** | **Industrials: 6.9%** | **Industrials: 6.9%** |
| **Electrical Equipment: 1.3%** | **Electrical Equipment: 1.3%** | **Electrical Equipment: 1.3%** |
| TD Power Systems, Ltd. | 10528 | 70059 |
| Bharat Heavy Electricals, Ltd. | 12778 | 34316 |
| Elecon Engineering Co., Ltd. | 2948 | 18856 |
|  |  | **123231** |
| **Passenger Airlines: 1.3%** | **Passenger Airlines: 1.3%** | **Passenger Airlines: 1.3%** |
| InterGlobe Aviation, Ltd.<sup>c,d</sup> <br>| 1895 | **119402** |
| **Construction & Engineering: 1.0%** | **Construction & Engineering: 1.0%** | **Construction & Engineering: 1.0%** |
| Techno Electric & Engineering Co., Ltd. | 6514 | **97825** |

---

**1**

------

Matthews India Active ETFSeptember 30, 2025

*Schedule of Investments*<sup>a</sup> *(unaudited) (continued)*

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES** *(continued)* | **COMMON EQUITIES** *(continued)* | |
|  | **Shares** | <br>**Value** |
| **Professional Services: 1.0%** | **Professional Services: 1.0%** | **Professional Services: 1.0%** |
| Latent View Analytics, Ltd.<sup>b</sup> <br>| 19794 | **$91057** |
| **Building Products: 1.0%** | **Building Products: 1.0%** | **Building Products: 1.0%** |
| Prince Pipes & Fittings, Ltd. | 25267 | **90979** |
| **Air Freight & Logistics: 0.7%** | **Air Freight & Logistics: 0.7%** | **Air Freight & Logistics: 0.7%** |
| Delhivery, Ltd.<sup>b</sup> <br>| 13229 | **67055** |
| **Machinery: 0.6%** | **Machinery: 0.6%** | **Machinery: 0.6%** |
| Cummins India, Ltd. | 1125 | 49751 |
| Thermax, Ltd. | 257 | 9176 |
|  |  | **58927** |
| **Total Industrials** |  | **648476** |
| **Materials: 4.5%** | **Materials: 4.5%** | **Materials: 4.5%** |
| **Metals & Mining: 2.1%** | **Metals & Mining: 2.1%** | **Metals & Mining: 2.1%** |
| Mishra Dhatu Nigam, Ltd.<sup>c,d</sup> <br>| 26398 | 112146 |
| Shivalik Bimetal Controls, Ltd. | 15545 | 87539 |
|  |  | **199685** |
| **Construction Materials: 1.5%** | **Construction Materials: 1.5%** | **Construction Materials: 1.5%** |
| UltraTech Cement, Ltd. | 998 | **137377** |
| **Chemicals: 0.9%** | **Chemicals: 0.9%** | **Chemicals: 0.9%** |
| Asian Paints, Ltd. | 3267 | **86469** |
| **Total Materials** |  | **423531** |
| **Energy: 3.4%** | **Energy: 3.4%** | **Energy: 3.4%** |
| **Oil, Gas & Consumable Fuels: 3.4%** | **Oil, Gas & Consumable Fuels: 3.4%** | **Oil, Gas & Consumable Fuels: 3.4%** |
| Reliance Industries, Ltd. | 20833 | **320043** |
| **Total Energy** |  | **320043** |
| **Communication Services: 3.1%** | **Communication Services: 3.1%** | **Communication Services: 3.1%** |
| **Wireless Telecommunication Services: 3.1%** | **Wireless Telecommunication Services: 3.1%** | **Wireless Telecommunication Services: 3.1%** |
| Bharti Airtel, Ltd. | 14122 | **298763** |
| **Total Communication Services** |  | **298763** |
| **TOTAL COMMON EQUITIES** | **TOTAL COMMON EQUITIES** | **9599135** |
| (Cost $8,086,366) |  |  |
| **PREFERRED EQUITIES: 0.0%** | **PREFERRED EQUITIES: 0.0%** |  |
| **Consumer Discretionary: 0.0%** | **Consumer Discretionary: 0.0%** | **Consumer Discretionary: 0.0%** |
| **Automobiles: 0.0%** | **Automobiles: 0.0%** | **Automobiles: 0.0%** |
| TVS Motor Co., Ltd., Pfd.<sup>b,e</sup> <br>| 17180 | **2032** |
| **Total Consumer Discretionary** |  | **2032** |
| **TOTAL PREFERRED EQUITIES** | **TOTAL PREFERRED EQUITIES** | **2032** |
| (Cost $0) |  |  |

---

---

| | | |
|:---|:---|:---|
| **SHORT-TERM INVESTMENTS: 0.6%** | **SHORT-TERM INVESTMENTS: 0.6%** | |
|  | **Shares** | <br>**Value** |
| **Money Market Funds: 0.6%** | **Money Market Funds: 0.6%** | **Money Market Funds: 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; JPMorgan U.S. Government Money Market Fund, <br> Capital Shares, 4.04%<sup>f</sup> <br>| 61320 | **$61320** |
| (Cost $61,320) |  |  |
| **Total Investments: 102.2%** |  | **9662487** |
| (Cost $8,147,686) |  |  |
| **LIABILITIES IN EXCESS OF CASH** <br>**AND OTHER ASSETS: (2.2%)**<br>|  | **(211394)**<br>|
| **Net Assets: 100.0%** |  | **$9451093** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| a | &nbsp;&nbsp;&nbsp; Certain securities were fair valued under the valuation policies approved by the <br> Board of Trustees.<br>|
| b | Non-income producing security. |
| c | &nbsp;&nbsp;&nbsp; Security exempt from registration under Rule 144A of the Securities Act of 1933, as <br> amended. The security may be resold in transactions exempt from registration <br> normally to qualified institutional buyers. The security has been determined to be <br> liquid in accordance with procedures adopted by the Funds' Board of Trustees. At <br> September 30, 2025, the aggregate value is $592,600, which is 6.27% of net assets.<br>|
| d | &nbsp;&nbsp;&nbsp; The securities may be resold to qualified foreign investors and foreign institutional <br> buyers under Regulation S of the Securities Act of 1933.<br>|
| e | &nbsp;&nbsp;&nbsp; Security is valued using significant unobservable inputs and is classified as Level 3 in <br> the fair value hierarchy. The aggregate value of Level 3 security is $2,032 and 0.02% <br> of net assets.<br>|
| f | Rate shown is the current yield as of September 30, 2025. |
| ADR | American Depositary Receipt |
| Pfd. | Preferred |

---

Other information regarding the Fund is available in the Funds' most recent report to shareholders. This information is available on the Securities and Exchange Commission's website (www.sec.gov).

**2** 

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Matthews International Funds

- **b. Investment Company Act file number:** 811-08510

- **c. CIK number of Registrant:** 0000923184

- **d. LEI of Registrant:** 5493007IYPQKGSDVTS49

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** Four Embarcadero Center

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94111

  - **Telephone number:** 415-788-7553

**Item A.2. Information about the Series.**

- **a. Name of Series:** Matthews India Active ETF

- **b. EDGAR series identifier (if any):** S000081864

- **c. LEI of Series:** 254900RJ2TSDEN5AMI07

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $9457346.86

**Total Liabilities:** $6253.94

**Net Assets:** $9451092.92

**Cash Not Reported:** $88351.50

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000245021 | -2.19%               | -1.19%               | 1.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $151470.00               | $-662712.22                                |
| Month 2  | $7450.12                 | $-59767.79                                 |
| Month 3  | $985.27                  | $16565.41                                  |

### Schedule of Portfolio Investments

| Name                           | Title                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Maruti Suzuki India Ltd        | Maruti Suzuki India Ltd                      | CUSIP: 000000000<br>LEI: 335800D27PBEESKKD357 | Long             | EC               | CORP              | IN        |       633 | NS      | $114275.25    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Life India Asset Manage | Nippon Life India Asset Management Ltd       | CUSIP: 000000000<br>LEI: 335800ZQXV958RZSRU89 | Long             | EC               | CORP              | IN        |      5395 | NS      | $52762.86     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| InterGlobe Aviation Ltd        | InterGlobe Aviation Ltd                      | CUSIP: 000000000<br>LEI: 33580079R8SLLO23XD19 | Long             | EC               | CORP              | IN        |      1895 | NS      | $119402.26    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Neuland Laboratories Ltd       | Neuland Laboratories Ltd                     | CUSIP: 000000000<br>LEI: 335800AVHZURTYQ17N08 | Long             | EC               | CORP              | IN        |      1340 | NS      | $220418.69    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Eicher Motors Ltd              | Eicher Motors Ltd                            | CUSIP: 000000000<br>LEI: 25490059S64CN2OY7239 | Long             | EC               | CORP              | IN        |      2809 | NS      | $221632.24    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropolis Healthcare Ltd      | Metropolis Healthcare Ltd                    | CUSIP: 000000000<br>LEI: 335800SD5OOGR1D97215 | Long             | EC               | CORP              | IN        |      5878 | NS      | $134787.44    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Cholamandalam Investment and F | Cholamandalam Investment and Finance Co Ltd  | CUSIP: 000000000<br>LEI: 3358008DNPV45O4EII52 | Long             | EC               | CORP              | IN        |      4265 | NS      | $77375.37     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Thanga Mayil Jewellery Ltd     | Thanga Mayil Jewellery Ltd                   | CUSIP: 000000000<br>LEI: 335800NK8SU8YY8XAS29 | Long             | EC               | CORP              | IN        |     14120 | NS      | $320205.21    | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                 | ICICI Bank Ltd                               | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |     34386 | NS      | $522051.81    | 5.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Shivalik Bimetal Controls Ltd  | Shivalik Bimetal Controls Ltd                | CUSIP: 000000000<br>LEI: 335800JO5FY7Q9DOK445 | Long             | EC               | CORP              | IN        |     15545 | NS      | $87539.24     | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Le Travenues Technology Ltd    | Le Travenues Technology Ltd                  | CUSIP: 000000000<br>LEI: 894500YYQ69FQ449KJ55 | Long             | EC               | CORP              | IN        |     77078 | NS      | $230221.57    | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TVS MOTOR COMPANY              | TVS Motor Co Ltd                             | CUSIP: 000000000<br>LEI: 335800URVL13UQEWM152 | Long             | EP               | CORP              | IN        |     17180 | NS      | $2031.68      | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| Bharti Airtel Ltd              | Bharti Airtel Ltd                            | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |     14122 | NS      | $298762.68    | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TVS Motor Co Ltd               | TVS Motor Co Ltd                             | CUSIP: 000000000<br>LEI: 335800URVL13UQEWM152 | Long             | EC               | CORP              | IN        |      4295 | NS      | $166341.08    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Lupin Ltd                      | Lupin Ltd                                    | CUSIP: 000000000<br>LEI: 335800HHXTESDEE2FC65 | Long             | EC               | CORP              | IN        |      2218 | NS      | $47745.50     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan Co Ltd                   | Titan Co Ltd                                 | CUSIP: 000000000<br>LEI: 549300RO9VJWPK37FE54 | Long             | EC               | CORP              | IN        |      1892 | NS      | $71747.42     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Max Financial Services Ltd     | Max Financial Services Ltd                   | CUSIP: 000000000<br>LEI: 335800Y9FX8XGFB64S40 | Long             | EC               | CORP              | IN        |      8902 | NS      | $158000.44    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotak Mahindra Bank Ltd        | Kotak Mahindra Bank Ltd                      | CUSIP: 000000000<br>LEI: 335800E6GTTXKHXE2I75 | Long             | EC               | CORP              | IN        |      5362 | NS      | $120340.22    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Avalon Technologies Ltd        | Avalon Technologies Ltd                      | CUSIP: 000000000<br>LEI: 335800JCPBRVSQZ3OS06 | Long             | EC               | CORP              | IN        |      9975 | NS      | $113373.27    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd        | Reliance Industries Ltd                      | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     20833 | NS      | $320042.93    | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Marico Ltd                     | Marico Ltd                                   | CUSIP: 000000000<br>LEI: 3358003SFDQFGJPC5O84 | Long             | EC               | CORP              | IN        |     25364 | NS      | $199224.04    | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Godrej Consumer Products Ltd   | Godrej Consumer Products Ltd                 | CUSIP: 000000000<br>LEI: 335800P4GUWLGZFK2D63 | Long             | EC               | CORP              | IN        |      4865 | NS      | $63937.93     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                  | HDFC Bank Ltd                                | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     70002 | NS      | $749778.57    | 7.93%             |  |  |  | No            |                  1 | On Loan: No      |
| UltraTech Cement Ltd           | UltraTech Cement Ltd                         | CUSIP: 000000000<br>LEI: 335800PC9O9B4BQHG814 | Long             | EC               | CORP              | IN        |       998 | NS      | $137377.27    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| PB Fintech Ltd                 | PB Fintech Ltd                               | CUSIP: 000000000<br>LEI: 98450083AC6B01HF1F87 | Long             | EC               | CORP              | IN        |      2210 | NS      | $42363.70     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| JP MORGAN US GOVT CAPITAL      | JP MORGAN US GOVT CAPITAL                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61320 | NS      | $61320.27     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Crompton Greaves Consumer Elec | Crompton Greaves Consumer Electricals Ltd    | CUSIP: 000000000<br>LEI: 335800DIIEEWMH3UDH51 | Long             | EC               | CORP              | IN        |     21380 | NS      | $70143.95     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Pharmaceutical Industries  | Sun Pharmaceutical Industries Ltd            | CUSIP: 000000000<br>LEI: 335800KJ7GE29LB4SS73 | Long             | EC               | CORP              | IN        |      2670 | NS      | $47942.80     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Bajaj Finance Ltd              | Bajaj Finance Ltd                            | CUSIP: 000000000<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |     38960 | NS      | $438311.66    | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| AurionPro Solutions Ltd        | AurionPro Solutions Ltd                      | CUSIP: 000000000<br>LEI: 335800MR487397CQOL11 | Long             | EC               | CORP              | IN        |      5375 | NS      | $69012.12     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Asian Paints Ltd               | Asian Paints Ltd                             | CUSIP: 000000000<br>LEI: 335800HEHXGYRUNERD75 | Long             | EC               | CORP              | IN        |      3267 | NS      | $86468.72     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd                    | Infosys Ltd                                  | CUSIP: 000000000<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |     16382 | NS      | $266019.82    | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Eternal Ltd                    | Eternal Ltd                                  | CUSIP: 000000000<br>LEI: 335800T4VOF9ETHF8W59 | Long             | EC               | CORP              | IN        |    194227 | NS      | $712037.15    | 7.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Bank Ltd               | Federal Bank Ltd                             | CUSIP: 000000000<br>LEI: 335800J8VWGE2HGWF417 | Long             | EC               | CORP              | IN        |     26520 | NS      | $57625.58     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermax Ltd                    | Thermax Ltd                                  | CUSIP: 000000000<br>LEI: 33580013S142QYY9TR81 | Long             | EC               | CORP              | IN        |       257 | NS      | $9176.47      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Consumer Products Ltd     | Tata Consumer Products Ltd                   | CUSIP: 000000000<br>LEI: 335800LOXFWU8ZQJMD12 | Long             | EC               | CORP              | IN        |      8954 | NS      | $113885.51    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Mahindra & Mahindra Ltd        | Mahindra & Mahindra Ltd                      | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |      7169 | NS      | $276703.56    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Bharat Heavy Electricals Ltd   | Bharat Heavy Electricals Ltd                 | CUSIP: 000000000<br>LEI: 3358007X5FQ2R445Z747 | Long             | EC               | CORP              | IN        |     12778 | NS      | $34316.44     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TD Power Systems Ltd           | TD Power Systems Ltd                         | CUSIP: 000000000<br>LEI: 335800X4CR12E4TJMM03 | Long             | EC               | CORP              | IN        |     10528 | NS      | $70059.20     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Elecon Engineering Co Ltd      | Elecon Engineering Co Ltd                    | CUSIP: 000000000<br>LEI: 335800H65LT1IKZEIF87 | Long             | EC               | CORP              | IN        |      2948 | NS      | $18855.65     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins India Ltd              | Cummins India Ltd                            | CUSIP: 000000000<br>LEI: 3358002PR6NKJRU4YS77 | Long             | EC               | CORP              | IN        |      1125 | NS      | $49750.81     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Mishra Dhatu Nigam Ltd         | Mishra Dhatu Nigam Ltd                       | CUSIP: 000000000<br>LEI: 335800G1ZDM8GIT6DS63 | Long             | EC               | CORP              | IN        |     26398 | NS      | $112146.25    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Lombard General Insuranc | ICICI Lombard General Insurance Co Ltd       | CUSIP: 000000000<br>LEI: 335800ZZITZ7ZZZ2ZX87 | Long             | EC               | CORP              | IN        |      2825 | NS      | $60127.94     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Techno Electric & Engineering  | Techno Electric & Engineering Co Ltd         | CUSIP: 000000000<br>LEI: 33580085UVBJWYBSQ267 | Long             | EC               | CORP              | IN        |      6514 | NS      | $97825.09     | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Varun Beverages Ltd            | Varun Beverages Ltd                          | CUSIP: 000000000<br>LEI: 33580058NWEMWBDNMD48 | Long             | EC               | CORP              | IN        |      8661 | NS      | $43281.22     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiggy Ltd                     | Swiggy Ltd                                   | CUSIP: 000000000<br>LEI: 335800R11DC3QR7KH186 | Long             | EC               | CORP              | IN        |    109027 | NS      | $519356.00    | 5.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Consultancy Services Ltd  | Tata Consultancy Services Ltd                | CUSIP: 000000000<br>LEI: 335800ZJKU9GPQRE2U66 | Long             | EC               | CORP              | IN        |      1430 | NS      | $46519.54     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Coforge Ltd                    | Coforge Ltd                                  | CUSIP: 000000000<br>LEI: 3358004YL9JGBNP4KF72 | Long             | EC               | CORP              | IN        |      4731 | NS      | $84774.49     | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Delhivery Ltd                  | Delhivery Ltd                                | CUSIP: 000000000<br>LEI: 335800CUQ1SBCH9TTH82 | Long             | EC               | CORP              | IN        |     13229 | NS      | $67054.80     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Bank Ltd                  | Axis Bank Ltd                                | CUSIP: 000000000<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |      9840 | NS      | $125409.40    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Shriram Finance Ltd            | Shriram Finance Ltd                          | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |     44166 | NS      | $306465.32    | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Campus Activewear Ltd          | Campus Activewear Ltd                        | CUSIP: 000000000<br>LEI: 3358004PT3NRFB1FYG32 | Long             | EC               | CORP              | IN        |     65549 | NS      | $199034.34    | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Yatharth Hospital & Trauma Car | Yatharth Hospital & Trauma Care Services Ltd | CUSIP: 000000000<br>LEI: 335800O1RTF5PUR2BH37 | Long             | EC               | CORP              | IN        |     11217 | NS      | $93638.44     | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd                  | HDFC Bank Ltd                                | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |       900 | NS      | $30744.00     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| State Bank of India            | State Bank of India                          | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |     15038 | NS      | $147765.38    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Amrutanjan Health Care Ltd     | Amrutanjan Health Care Ltd                   | CUSIP: 000000000<br>LEI: 894500XA1WPYDSJS6R93 | Long             | EC               | CORP              | IN        |     15273 | NS      | $122749.93    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Divi's Laboratories Ltd        | Divi's Laboratories Ltd                      | CUSIP: 000000000<br>LEI: 335800C1DHFG1C9T1M03 | Long             | EC               | CORP              | IN        |       621 | NS      | $39793.10     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ITC Ltd                        | ITC Ltd                                      | CUSIP: 000000000<br>LEI: 335800WLOU3OFWFTMP43 | Long             | EC               | CORP              | IN        |     17862 | NS      | $80781.47     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Prince Pipes & Fittings Ltd    | Prince Pipes & Fittings Ltd                  | CUSIP: 000000000<br>LEI: 335800S343KU1TGGKG90 | Long             | EC               | CORP              | IN        |     25267 | NS      | $90978.42     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| 360 ONE WAM Ltd                | 360 ONE WAM Ltd                              | CUSIP: 000000000<br>LEI: 335800DDYMCDBO5OLL32 | Long             | EC               | CORP              | IN        |      4164 | NS      | $48023.38     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Persistent Systems Ltd         | Persistent Systems Ltd                       | CUSIP: 000000000<br>LEI: 3358006QYD77Z66S1J89 | Long             | EC               | CORP              | IN        |      1540 | NS      | $83644.04     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Hindustan Unilever Ltd         | Hindustan Unilever Ltd                       | CUSIP: 000000000<br>LEI: 5493007IW5N37IKRPM32 | Long             | EC               | CORP              | IN        |      6990 | NS      | $197949.13    | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Latent View Analytics Ltd      | Latent View Analytics Ltd                    | CUSIP: 000000000<br>LEI: 335800DH59WJEXU4X131 | Long             | EC               | CORP              | IN        |     19794 | NS      | $91057.25     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Matthews International Funds

**Signature:** Shai Malka

**Name of Signer:** Shai Malka

**Title:** Treasurer