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About Matthews International Funds Matthews Asia Innovators 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
MINV launched as part of Matthews Asias first ETF offerings. It invests in an all-cap portfolio of common and preferred stocks of companies located in Asia, covering developed, emerging, and frontier markets. The fund may also invest in depositary receipts, securities denominated in an Asian currency, and constituents of its benchmark, the MSCI All Country Asia ex Japan Index. MINV focuses on innovation, aiming to invest in both old and new companies in science-related and technology-related sectors. The fund also screens for sustainable growth based on fundamental characteristics such as balance sheet information, size, cash flow stability, management depth, adaptability, integrity, product lines, marketing strategies, governance, and financial health. The funds implementation of its strategies may result in a high portfolio turnover.
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
Electronic Technology
Technology Services
Retail Trade
Transportation
Stocks98.78%
Electronic Technology26.51%
Technology Services17.08%
Retail Trade13.49%
Transportation10.82%
Producer Manufacturing7.61%
Finance7.24%
Health Technology6.01%
Consumer Durables1.99%
Consumer Services1.87%
Communications1.75%
Energy Minerals1.74%
Industrial Services1.14%
Commercial Services1.04%
Consumer Non-Durables0.50%
Bonds, Cash & Other1.22%
Cash1.20%
Miscellaneous0.02%
Stock breakdown by region
Asia95.15%
Europe3.09%
North America1.77%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MINV invests in stocks. The fund's major sectors are Electronic Technology, with 26.51% stocks, and Technology Services, with 17.08% of the basket. The assets are mostly located in the Asia region.
MINV top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. and Tencent Holdings Ltd, occupying 11.00% and 6.10% of the portfolio correspondingly.
MINV last dividends amounted to 0.07 USD. The year before, the issuer paid 0.23 USD in dividends, which shows a 244.00% decrease.
MINV assets under management is 63.65 M USD. It's risen 6.35% over the last month.
MINV fund flows account for −15.42 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, MINV pays dividends to its holders with the dividend yield of 0.22%. The last dividend (Dec 23, 2024) amounted to 0.07 USD. The dividends are paid annually.
MINV 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.
MINV expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
MINV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MINV invests in stocks.
MINV price has risen by 6.35% over the last month, and its yearly performance shows a 15.48% increase. See more dynamics on MINV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.14% over the last month, showed a 9.64% increase in three-month performance and has increased by 14.88% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.14% over the last month, showed a 9.64% increase in three-month performance and has increased by 14.88% in a year.
MINV trades at a premium (0.23%) meaning the ETF is trading at a higher price than the calculated NAV.