Key stats
About Matthews China Discovery Active ETF
Expense ratio
0.89%
Home page
Inception date
Jan 10, 2024
MCHS aims to capitalize on growth opportunities within the Chinese market, including its administrative district, Hong Kong. It 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. 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-caps. While the fund can explore opportunities outside of China, it caps non-Chinese exposure by 20%. The fund identifies Chinese affiliations for companies based on legal structure, revenue sources, and trading markets. For securities, considerations include issuer location, fund usage, asset backing, index inclusion, or currency denomination. Investments may include 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
Producer Manufacturing
Finance
Consumer Non-Durables
Stocks95.11%
Producer Manufacturing21.01%
Finance12.37%
Consumer Non-Durables11.77%
Consumer Services9.58%
Technology Services8.04%
Consumer Durables6.34%
Industrial Services5.51%
Process Industries5.07%
Health Technology5.02%
Commercial Services3.63%
Utilities2.27%
Transportation1.81%
Retail Trade1.36%
Non-Energy Minerals0.81%
Electronic Technology0.52%
Bonds, Cash & Other4.89%
Cash4.89%
Stock breakdown by region
Asia90.36%
North America9.64%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history