MCH
Matthews China Active ETF·ARCA
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Key Stats
Assets Under Management
23.84MUSD
Fund Flows (1Y)
-5.73MUSD
Dividend Yield
1.69%
Discount/Premium to NAV
-1.25%
Shares Outstanding
840.00K
Expense Ratio
0.79%
About Matthews China Active ETF
Issuer
Matthews International Capital Management
Brand
Matthews Asia
Inception Date
Jul 13, 2022
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
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
MCH launched as part of Matthews Asia's first ETF offerings. It invests in common and preferred stocks of companies located in China, including administrative regions Hong Kong and Macau. The fund covers a wide array of investable Chinese shares, such as A-shares, B-shares, H-shares, N-shares, Red Chips, and P-Chips. It may also invest in constituents of its benchmark, the MSCI China Index. While the fund has an all-cap exposure, it expects to invest in large- and mid-cap companies. The fund looks for sustainable growth based on fundamental characteristics such as balance sheet information, size, cash flow stability, and financial health. The fund may also employ exclusionary ESG screens, which 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.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Active
Geography
China
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Analysis
Sector
Financial Services
25.53%
Consumer Cyclical
24.14%
Communication Services
15.40%
Technology
11.73%
Industrials
7.41%
Basic Materials
7.22%
Healthcare
3.70%
Real Estate
2.75%
Energy
1.23%
Financial Services
25.53%
Consumer Cyclical
24.14%
Communication Services
15.40%
Technology
11.73%
Industrials
7.41%
Basic Materials
7.22%
Healthcare
3.70%
Real Estate
2.75%
Energy
1.23%
Show more
Asset
Holdings
Symbol
Ratio
ALIBABA GROUP HOLDING, LTD.
10.00%
TENCENT HOLDINGS, LTD.
9.50%
CHINA LIFE INSURANCE CO., LTD. H SHARES
4.30%
PING AN INSURANCE GROUP CO. OF CHINA, LTD. H SHARES
4.10%
CHINA CONSTRUCTION BANK CORP. H SHARES
3.10%
JD.COM, INC. CLASS A
2.90%
Symbol
Ratio
PDD HOLDINGS, INC. ADR
2.30%
CMOC GROUP, LTD. A SHARES
2.20%
KUAISHOU TECHNOLOGY
2.20%
SUZHOU TFC OPTICAL COMMUNICATION CO., LTD. A SHARES
2.10%
Top 10 Weight 42.7%
10 Total Holdings
See all holdings
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