Matthews Emerging Markets Discovery Active ETF MEMS (MEMS)
Matthews Emerging Markets Discovery Active ETF MEMS operates in the Asset Management - Global industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $31.17, up 0.33% on the session, giving a market capitalisation of $24.2M. Its beta of 0.75 implies it has historically moved less than the broad market.
Under typical market conditions, the Matthews Emerging Markets Discovery Active ETF (MEMS) endeavors to fulfill its investment objectives by allocating a minimum of 65% of its total assets, which encompasses borrowed capital, to the equity securities (both common and preferred shares) of smaller businesses. Additionally, a substantial portion, at least 80% of the fund's net assets (also including leveraged funds), will be invested in the common and preferred stocks of companies primarily based in emerging market economies, such as prominent nations like China and India. It is noteworthy that this fund employs a non-diversified investment strategy.
Matthews Emerging Markets Discovery Active ETF MEMS is most often compared with the following Financial Services names: