Matthews Emerging Markets ex China Active ETF MEMX (MEMX)
Matthews Emerging Markets ex China Active ETF MEMX operates in the Asset Management - Global industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $48.80, up 1.09% on the session, giving a market capitalisation of $53.5M. Its beta of 1.22 implies it has historically moved more than the broad market.
The fund's primary goal is typically met by dedicating at least 80% of its total assets (including any borrowed capital used for investment) to the common and preferred shares of businesses operating in emerging market countries, explicitly excluding China. While the portfolio may include holdings in companies from developed nations or China, a key constraint applies: at the moment of acquisition, the fund cannot buy shares in any company based in a developed country or China if its combined exposure to these regions already exceeds 20% of its assets.
Matthews Emerging Markets ex China Active ETF MEMX is most often compared with the following Financial Services names: