Key stats
About Matthews Emerging Markets Discovery Active ETF
Home page
Inception date
Jan 11, 2024
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
MEMS aims to capitalize on growth opportunities within emerging and frontier markets. With a primary focus on small companies, the fund allocates at least 65% of its assets to common and preferred stocks of these enterprises, with the remaining portion comprising mid-cap companies. The fund seeks sustainable growth based on fundamental characteristics such as balance sheet strength, employee count, cash flow stability, management quality, product lines, marketing strategies, corporate governance, and financial health. Exclusionary ESG screens may be employed to avoid controversial businesses, such as tobacco, weapons, and fossil fuels. The fund issuer may engage with its portfolio companies on sustainability and governance matters through active dialogue, exercising shareholder rights, and encouraging enhanced ESG disclosure and implementation. Up to 20% of the fund's assets may be invested in developed market companies, including ADRs and GDRs.
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
Producer Manufacturing
Technology Services
Health Technology
Stocks99.56%
Finance24.12%
Producer Manufacturing16.88%
Technology Services16.17%
Health Technology10.03%
Retail Trade8.45%
Consumer Non-Durables5.74%
Electronic Technology5.71%
Consumer Durables4.29%
Commercial Services4.15%
Consumer Services1.06%
Health Services1.03%
Process Industries0.57%
Communications0.56%
Transportation0.47%
Utilities0.20%
Non-Energy Minerals0.15%
Bonds, Cash & Other0.44%
Cash0.44%
Stock breakdown by region
Asia73.90%
Latin America9.26%
North America7.27%
Europe6.27%
Africa2.59%
Middle East0.72%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MEMS invests in stocks. The fund's major sectors are Finance, with 24.12% stocks, and Producer Manufacturing, with 16.88% of the basket. The assets are mostly located in the Asia region.
MEMS top holdings are Bandhan Bank Ltd. and Legend Biotech Corp. Sponsored ADR, occupying 7.45% and 5.66% of the portfolio correspondingly.
MEMS assets under management is 18.98 M USD. It's risen 5.09% over the last month.
MEMS fund flows account for 8.18 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, MEMS pays dividends to its holders with the dividend yield of 1.27%. The last dividend (Dec 23, 2024) amounted to 0.33 USD. The dividends are paid annually.
MEMS shares are issued by Matthews International Capital Management LLC under the brand Matthews. The ETF was launched on Jan 11, 2024, and its management style is Active.
MEMS expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
MEMS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MEMS invests in stocks.
MEMS price has risen by 5.02% over the last month, and its yearly performance shows a 4.35% increase. See more dynamics on MEMS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.28% over the last month, showed a 14.02% increase in three-month performance and has increased by 11.14% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.28% over the last month, showed a 14.02% increase in three-month performance and has increased by 11.14% in a year.
MEMS trades at a premium (0.45%) meaning the ETF is trading at a higher price than the calculated NAV.