TOP

Matthews Asia Innovators Active ETF
MINV

Snapshot
  • High-conviction, concentrated equity portfolio of innovative companies in Asia ex Japan
  • All-cap fundamental approach focused on companies with unique offerings that create or expand markets
  • Capitalizing on the new economy and the rising disposable income in Asia

07/13/2022

Inception Date

n.a.

NAV YTD Return

(as of 08/08/2022)

$25.08

NAV

(as of 08/08/2022)

-0.26

1 Day NAV Change

(as of 08/08/2022)

Objective

Long-term capital appreciation

Strategy

Under normal circumstances, the Matthews Asia Innovators Active ETF seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Asia that Matthews believes are innovators in their products, services, processes, business models, management, use of technology, or approach to creating, expanding or servicing their markets. The Fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies, including balance sheet information; number of employees; size and stability of cash flow; management’s depth, adaptability and integrity; product lines; marketing strategies; corporate governance; and financial health.

Risks

Investments in Asian securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Investing in emerging and frontier markets involves different and greater risks, as these countries are substantially smaller, less liquid and more volatile than securities markets in more developed markets. Sector funds may be subject to a higher degree of market risk than diversified funds because of a concentration in a specific sector. The Fund's value may be affected by changes in the science and technology-related industries.

These and other risks associated with investing in the Fund can be found in the prospectus.

Fund Facts
Inception Date 07/13/2022
Currency USD
Ticker MINV
Cusip 577-125-826
Primary Exchange NYSE Arca
Benchmark MSCI All Country Asia ex Japan Index
Geographic Focus Asia - Consists of all countries and markets in Asia, including developed, emerging, and frontier countries and markets in the Asian region
Fees & Expenses
Gross Expense Ratio 0.79%

NAV & Market Price

(as of 08/08/2022)
NAV $25.08
NAV Change -0.26
Market Price $25.09
Market Price Change -0.20
Day's Trading Volume 370 Shares
Median BID/ASK Spread (30 Day) n.a.
Premium Discount +0.04%

The NAV of an ETF represents the value of all the securities held by the ETF such as shares or bonds and cash minus any liabilities such as Total Expense Ratio (TER), and divided by the number of shares outstanding. An ETF’s market price is the price at which investors can buy or sell an ETF on an exchange. This price may deviate from the NAV of the ETF depending on demand for and supply for the ETF at a point in time.

The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

Top 10 Holdings

(as of 08/10/2022)
Ticker Name SEDOL Market Value Shares % Net Assets
ICICIBC ICICI BANK, LTD. BSZ2BY7 $87,516 8,328 7.0
9618 JD.COM INC - CL A BKPQZT6 $65,523 2,250 5.2
3690 MEITUAN DIANPING CLASS B BGJW376 $62,778 2,800 5.0
9988 ALIBABA GROUP HOLDING, LTD. BK6YZP5 $62,778 5,500 5.0
1179 H WORLD GROUP LTD BMB5YK5 $54,396 14,000 4.4
700 TENCENT HOLDINGS, LTD. BMMV2K8 $49,351 1,300 3.9
9961 TRIP.COM GROUP LTD BNYK8H9 $46,044 1,800 3.7
9868 XPENG INC - CLASS A SHARE BP6FB33 $44,245 3,800 3.5
BAF BAJAJ FINANCE, LTD. BD2N0P2 $43,974 477 3.5
RIL RELIANCE INDUSTRIES, LTD. 6099626 $43,063 1,336 3.4
HDFCB HDFC BANK, LTD. BK1N461 $39,762 2,166 3.2
2330 TAIWAN SEMICONDUCTOR MANUFACTURING CO., LTD. 6889106 $34,000 2,000 2.7
9626 BILIBILI INC-CLASS Z BLF8533 $33,368 1,360 2.7
1299 AIA GROUP, LTD. B4TX8S1 $29,484 3,000 2.4
300274 SUNGROW POWER SUPPLY CO L BD5CGB4 $28,457 1,500 2.3
291 CHINA RESOURCES BEER HOLDINGS CO., LTD. 6972459 $27,695 4,000 2.2
600887 INNER MONGOLIA YILI INDUSTRIAL GROUP CO., LTD. A SHARES BP3R2V7 $26,928 5,000 2.2
MWG MOBILE WORLD INVESTMENT CORP. BP3RNW5 $25,710 9,500 2.1
BMRI PT BANK MANDIRI PERSERO 6651048 $24,479 42,900 2.0
2269 WUXI BIOLOGICS CAYMAN, INC. BL6B9P1 $23,726 2,500 1.9
300124 SHENZHEN INOVANCE TECHNOLOGY CO., LTD. A SHARES BD5CMN8 $22,263 2,400 1.8
SE SEA, LTD. ADR BYWD7L4 $21,634 259 1.7
3661 ALCHIP TECHNOLOGIES, LTD. B4TPSL0 $21,200 1,000 1.7
2423 KE HOLDINGS INC-CL A BN7SX97 $20,851 4,400 1.7
PDD PINDUODUO INC-ADR BYVW0F7 $20,494 433 1.6
035420 NAVER CORP. 6560393 $20,314 100 1.6
051910 LG CHEM, LTD. 6346913 $20,060 39 1.6
6415 SILERGY CORP. BH4DMW9 $19,133 1,000 1.5
DABUR DABUR INDIA, LTD. 6297356 $18,793 2,552 1.5
BZ KANZHUN LTD - ADR BM91SH0 $18,763 922 1.5
300059 EAST MONEY INFORMATION CO BD5CPC8 $18,235 5,700 1.5
000660 SK HYNIX, INC. 6450267 $17,860 245 1.4
1209 CHINA RESOURCES MIXC LIFE BMXWXT6 $17,682 4,000 1.4
1801 INNOVENT BIOLOGICS, INC. BGR6KX5 $15,761 3,500 1.3
ASII PT ASTRA INTERNATIONAL B800MQ5 $15,679 34,500 1.3
BANDHAN BANDHAN BANK, LTD. BG1SV45 $15,484 4,478 1.2
ICBP PT INDOFOOD CBP SUKSES MAKMUR B4LD3M8 $14,216 24,200 1.1
CPN/F CENTRAL PATTANA PUBLIC CO., LTD. B6SR6J5 $13,989 7,500 1.1
APNT ASIAN PAINTS, LTD. BCRWL65 $13,418 309 1.1
000270 KIA MOTORS CORP. 6490928 $12,745 204 1.0
603259 WUXI APPTEC CO., LTD. BHWLWV4 $12,491 900 1.0
CASH CASH AND OTHERS $25,453 2.0
TOTAL 44.8

 

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Index Definitions

The information contained herein has been derived from sources believed to be reliable and accurate at the time of compilation, but no representation or warranty (express or implied) is made as to the accuracy or completeness of any of this information. Neither the funds nor the Investment Advisor accept any liability for losses either direct or consequential caused by the use of this information.