Matthews recently opened two more actively run exchange-traded funds: Matthews China Discovery Active ETF MCHS and Matthews Emerging Markets Discovery Active ETF MEMS Like the nine other active ETFs that the firm has launched since mid-2022, the two new active ETFs leverage the same management teams, use the same investment processes, and have similar portfolios as the corresponding mutual funds (Matthews China Small Companies MCSMX and Matthews Emerging Markets Small Companies MSMLX). Matthews China Discovery Active ETF is run by co-lead managers Andrew Mattock and Winnie Chwang, while Matthews Emerging Markets Discovery Active ETF is run by lead manager Vivek Tanneeru along with comanagers Jeremy Sutch and Alex Zarechnak. Both teams employ a quality-oriented growth process. The two new ETFs have expense ratios of 0.89%, and—like all of the firm's other active ETFs—they are fully transparent.
Matthews China Dividend Investor MCDFX
- NAV / 1-Day Return 10.73 / +0.37 %
- Total Assets 101.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.200%
- Distribution Fee Level Average
- Share Class Type No Load
- Category China Region
- Investment Style Large Value
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 4.23%
- Turnover 27%
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 12:13 AM GMT+0
Morningstar’s Analysis MCDFX
Will MCDFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 46.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Tencent Holdings Ltd | 9.19 | 10.8 Mil | Communication Services |
Alibaba Group Holding Ltd Ordinary Shares | 8.12 | 9.6 Mil | Consumer Cyclical |
Citic Telecom International Holdings Ltd | 6.49 | 7.6 Mil | Communication Services |
Wuliangye Yibin Co Ltd Class A | 3.94 | 4.6 Mil | Consumer Defensive |
Yangzijiang Shipbuilding (Holdings) Ltd | 3.59 | 4.2 Mil | Industrials |
Wuxi AppTec Co Ltd Class A | 3.31 | 3.9 Mil | Healthcare |
Haier Smart Home Co Ltd Class D | 3.16 | 3.7 Mil | Consumer Cyclical |
CSC Financial Co Ltd Registered Shs -H- Unitary 144A/Reg S | 3.06 | 3.6 Mil | Financial Services |
China Suntien Green Energy Corp Ltd Class H | 3.03 | 3.6 Mil | Utilities |
E Ink Holdings Inc | 2.97 | 3.5 Mil | Technology |