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About Matthews International Funds Matthews Emerging Markets Equity Active ETF
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Inception date
Jul 13, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Matthews International Capital Management LLC
Distributor
Foreside Funds Distributors LLC
MEM actively invests in a broad portfolio of common and preferred stocks of companies located in emerging market countries. For a stock to be included, it must have substantial ties to emerging market countries or regions with regards to location of headquarters, organized under the laws of such, revenue ties, assets, or operations. The fund adviser invests in companies it perceives to have sustainable growth based on the fundamental characteristics, such as, balance sheet information, company size, cash flows, managements capability, product lines, marketing strategies, corporate governance, and financial health. The fund will substantially invest in large- and mid-cap companies but may also invest in companies of any market-cap. Up to 20% of the funds assets may be invested in developed market companies.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Stocks95.77%
Finance34.34%
Electronic Technology18.52%
Technology Services12.38%
Retail Trade7.58%
Communications3.52%
Transportation3.49%
Consumer Durables3.39%
Producer Manufacturing2.93%
Energy Minerals2.42%
Consumer Services2.38%
Consumer Non-Durables2.27%
Health Technology1.68%
Process Industries0.87%
Bonds, Cash & Other4.23%
Cash4.23%
Stock breakdown by region
Asia90.61%
Latin America5.35%
North America2.13%
Africa1.90%
Europe0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MEM invests in stocks. The fund's major sectors are Finance, with 34.34% stocks, and Electronic Technology, with 18.52% of the basket. The assets are mostly located in the Asia region.
MEM top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. and Tencent Holdings Ltd, occupying 10.59% and 5.84% of the portfolio correspondingly.
MEM last dividends amounted to 0.36 USD. The year before, the issuer paid 0.58 USD in dividends, which shows a 62.92% decrease.
MEM assets under management is 38.62 M USD. It's risen 1.99% over the last month.
MEM fund flows account for −16.83 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MEM pays dividends to its holders with the dividend yield of 1.13%. The last dividend (Dec 23, 2024) amounted to 2.26 USD. The dividends are paid annually.
MEM shares are issued by Matthews International Capital Management LLC under the brand Matthews. The ETF was launched on Jul 13, 2022, and its management style is Active.
MEM expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
MEM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MEM invests in stocks.
MEM price has risen by 1.48% over the last month, and its yearly performance shows a 2.33% increase. See more dynamics on MEM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.70% over the last month, showed a 5.51% increase in three-month performance and has increased by 12.36% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.70% over the last month, showed a 5.51% increase in three-month performance and has increased by 12.36% in a year.
MEM trades at a premium (0.56%) meaning the ETF is trading at a higher price than the calculated NAV.