Matthews Emerging Markets Equity Active ETF (MEM)
Matthews Emerging Markets Equity Active ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $44.23, up 0.87% on the session, giving a market capitalisation of $56.9M. Its beta of 1.19 implies it has historically moved more than the broad market.
MEM actively invests in a broad portfolio of common and preferred stocks of companies located in emerging market countries. For a stock to be included, it must have substantial ties to emerging market countries or regions with regards to location of headquarters, organized under the laws of such, revenue ties, assets, or operations. The fund adviser invests in companies it perceives to have sustainable growth based on the fundamental characteristics, such as, balance sheet information, company size, cash flows, managements capability, product lines, marketing strategies, corporate governance, and financial health. The fund will substantially invest in large- and mid-cap companies but may also invest in companies of any market-cap. Up to 20% of the funds assets may be invested in developed market companies.
Matthews Emerging Markets Equity Active ETF is most often compared with the following Financial Services names: