Matthews Asia Launches First Active ETF Strategies to Meet Growing Client Need
14 Juillet 2022 - 3:45PM
Business Wire
Matthews Asia launched three active exchange traded funds (ETFs)
on the New York Stock Exchange (NYSE) today that focus on global
emerging markets, Asia and China.
The investment strategies of Matthews Asia’s new active ETFs
will be substantially similar to existing mutual funds and be
managed using the Firm’s long-standing fundamental research
approach that seeks to identify compelling investment opportunities
that we believe can generate above index returns. The three active
ETFs:
- Matthews Emerging Markets Equity Active ETF (NYSE Arca:
MEM)
- Matthews Asia Innovators Active ETF (NYSE Arca: MINV)
- Matthews China Active ETF (NYSE Arca: MCH)
Cooper Abbott, CEO of Matthews Asia commented: “The launch of
our new active ETFs represents an exciting new chapter in our
company’s history and a great opportunity for Matthews Asia to
bring its deep expertise in the emerging markets to a growing
number of investors who now view these global, regional and
country-specific strategies as long-term, strategic,
allocations.
At Matthews Asia, we have a history of offering new strategies
when we believe there are attractive long-term opportunities for
our clients. Our new active ETFs continue that tradition by
providing another way for investors to access our deep expertise
backed by over 30 years of active investment experience that we
believe can provide investors with superior long-term investment
returns.”
Robert Horrocks, PhD, CIO of Matthews Asia commented: “We
continue to believe in the long-term benefits of actively managed
portfolios, particularly when they are focused on less efficient
markets in Asia and China. Our active ETFs will use the same
established fundamental approach as our mutual funds to identify
companies that we think represent the most attractive long-term
opportunities within global emerging markets.”
This announcement follows the appointment of Michael Barrer as
VP, Head of ETF Capital Markets. In this new role, Michael, who
joined after a decade-long career at WisdomTree Investments, serves
as the primary relationship manager for all capital markets
relationships and partners with the Firm’s portfolio management,
portfolio strategy, operations and distribution teams to support
the Firm’s ETF initiatives.
About Matthews Asia
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 Asia is the largest dedicated Asia investment specialist
in the United States. With approximately US$17.4 billion in assets
under management as of June 30, 2022, Matthews Asia 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.
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