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About Matthews Asia Dividend Active ETF
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Inception date
Sep 21, 2023
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
ISIN
US5771305860
ADVE actively invests in dividend-paying companies in Asia, including developed, emerging, and frontier markets. It seeks to provide a higher level of current income than the typical yield in Asian equity markets over the long term. To achieve its objective of total return with an emphasis on current income, the fund looks for companies that exhibit attractive dividend yields and the ability to pay increasing dividends. The fund typically holds large- and mid-cap stocks but may invest in companies of any size. To measure a companys size, the fund adviser uses fundamental criteria such as market capitalization, book value, revenues, profits, cash flow, dividend payments, and number of employees. The fund may hold depositary receipts and may invest up to 20% of its assets in convertible debt of any maturity and credit quality.
Related funds
Classification
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ADVE assets under management is 3.80 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ADVE invests in stocks. See more details in our Analysis section.
ADVE expense ratio is 0.79%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ADVE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, ADVE pays dividends to its holders with the dividend yield of 1.91%.
ADVE shares are issued by Matthews International Capital Management LLC
ADVE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 21, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.