Matthews Asia Launches Emerging Markets Ex China Active ETF
January 11 2023 - 12:17PM
Matthews Asia launched the Matthews Emerging Markets ex China
Active ETF (MEMX) on the New York Stock Exchange today, adding the
“power of choice” for investors to the firm’s active ETF
suite.
The Matthews Emerging Markets ex China Active ETF
provides investors with the ability to separate China from their
core emerging markets allocations and thereby take control over the
level of China exposure they have in their portfolios. Some
investors currently want to avoid exposure to China, while others
are looking to customize their specific allocations. An emerging
markets ex China strategy can help mitigate both country-specific
and idiosyncratic risk factors, while also placing greater emphasis
on a broader number of emerging market opportunities often
overlooked in core emerging markets portfolios.
MEMX is managed by John Paul Lech as lead portfolio
manager and Alex Zarechnak as co-portfolio manager, who also manage
Matthews Emerging Markets Equity Active ETF (MEM) and Matthews
Emerging Markets Equity mutual fund.
Cooper Abbott, CEO of Matthews Asia commented: “We
have heard from institutional, RIA, and OCIOs that many investors
want to have specific control of their China exposure, either to
avoid it or to precisely allocate their exposures to this unique
single-country allocation due to its size and market depth. We
believe MEMX (active emerging markets ex-China equities), along
with MCH (active China equities), and MEM (active emerging markets
equities) enables investors to reduce single-country risk while
improving diversification through exposure to other emerging
markets such as smaller and selective exposure in the frontier and
other markets.”
John Paul Lech, Lead Manager of MEM and MEMX
commented: “In my view, emerging markets can offer investors the
biggest potential for long-term growth over many other equity asset
classes. With this launch, investors now have a broader set of
options to control their China exposure, either as part of a core
emerging markets portfolio with MEM or excluding it with MEMX and
using MCH to add dedicated China exposure.”
Michael Barrer, Head of ETF Capital Markets
commented: “The launch of the Matthews Emerging Markets ex China
Active ETF provides investors with the power of choice in how they
gain exposure to the important growth regions of emerging markets.
This ETF leverages our expertise in emerging markets in order to
offer a suite of actively managed investment
solutions that enable investors to take a more customized
approach to their emerging market portfolio and meet
their risk return objectives.”
Matthews active ETFs provide investors with the
same active management expertise that has served investors for over
30 years with the lineup of its mutual funds, adding benefits that
include lower fees, increased tax efficiency and intra-day
liquidity:
- Matthews Emerging Markets Equity Active ETF (NYSE Arca:
MEM)
- Matthews Emerging Markets ex China Active ETF (NYSE Arca:
MEMX)
- Matthews Asia Innovators Active ETF (NYSE Arca: MINV)
- Matthews China Active ETF (NYSE Arca: MCH)
About Matthews
Since 1991, we have focused our efforts and
expertise within the Asia and the emerging markets, investing
through a variety of market environments. As an independent,
privately owned firm, Matthews is the largest dedicated Asia
investment specialist in the United States. Matthews employs a
bottom-up, fundamental investment philosophy, with a focus on
long-term investment performance. For more information, please
visit matthewsasia.com.You should carefully consider the investment
objectives, risks, charges and expenses of the Matthews Asia Funds
before making an investment decision. A prospectus with this and
other information about the Funds may be obtained by visiting
matthewsasia.com. Please read the prospectus carefully before
investing.
The value of an investment in the Fund can go down
as well as up and possible loss of principal is a risk of
investing. Investments in international, emerging and frontier
markets involve risks such as economic, social and political
instability, market illiquidity, currency fluctuations, high levels
of volatility, and limited regulation. Additionally, investing in
emerging and frontier securities involves greater risks than
investing in securities of developed markets, as issuers in these
countries generally disclose less financial and other information
publicly or restrict access to certain information from review by
non-domestic authorities. Emerging and frontier markets tend to
have less stringent and less uniform accounting, auditing and
financial reporting standards, limited regulatory or governmental
oversight, and limited investor protection or rights to take action
against issuers, resulting in potential material risks to
investors. Investing in Chinese securities involve risks.
Heightened risks related to the regulatory environment and the
potential actions by the Chinese government could negatively impact
performance. In addition, single-country and sector funds may be
subject to a higher degree of market risk than diversified funds
because of concentration in a specific industry, sector or
geographic location. Pandemics and other public health emergencies
can result in market volatility and disruption.
ETFs may trade at a premium or discount to NAV.
Shares of any ETF are bought and sold at market price (not NAV) and
are not individually redeemed from the Fund. Brokerage commissions
will reduce returns.
Matthews Asia Funds are distributed in the U.S. by
Foreside Distributors LLC and in Latin America by Picton, S.A.
Media Contact:Victoria OdinotskaKANTER+703 685
9232
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