Matthews Asia Launches Emerging Markets Ex China Active ETF
Matthews Asia launched the Matthews Emerging Markets ex China Active ETF (MEMX) on the New York Stock Exchange today, adding the “power of choice” for investors to the firm’s active ETF suite.
The company provides “power of choice” to investors by expanding its range of customized client solutions
San Francisco, January 11, 2023 — Matthews Asia launched the Matthews Emerging Markets ex China Active ETF (MEMX) on the New York Stock Exchange today, adding the “power of choice” for investors to the firm’s active ETF suite.
The Matthews Emerging Markets ex China Active ETF provides investors with the ability to separate China from their core emerging markets allocations and thereby take control over the level of China exposure they have in their portfolios. Some investors currently want to avoid exposure to China, while others are looking to customize their specific allocations. An emerging markets ex China strategy can help mitigate both country-specific and idiosyncratic risk factors, while also placing greater emphasis on a broader number of emerging market opportunities often overlooked in core emerging markets portfolios.
MEMX is managed by John Paul Lech as lead portfolio manager and Alex Zarechnak as co-portfolio manager, who also manage Matthews Emerging Markets Equity Active ETF (MEM) and Matthews Emerging Markets Equity mutual fund.
Cooper Abbott, CEO of Matthews Asia commented: “We have heard from institutional, RIA, and OCIOs that many investors want to have specific control of their China exposure, either to avoid it or to precisely allocate their exposures to this unique single-country allocation due to its size and market depth. We believe MEMX (active emerging markets ex-China equities), along with MCH (active China equities), and MEM (active emerging markets equities) enables investors to reduce single-country risk while improving diversification through exposure to other emerging markets such as smaller and selective exposure in the frontier and other markets.”
John Paul Lech, Lead Manager of MEM and MEMX commented: “In my view, emerging markets can offer investors the biggest potential for long-term growth over many other equity asset classes. With this launch, investors now have a broader set of options to control their China exposure, either as part of a core emerging markets portfolio with MEM or excluding it with MEMX and using MCH to add dedicated China exposure.”
Michael Barrer, Head of ETF Capital Markets commented: “The launch of the Matthews Emerging Markets ex China Active ETF provides investors with the power of choice in how they gain exposure to the important growth regions of emerging markets. This ETF leverages our expertise in emerging markets in order to offer a suite of actively managed investment solutions that enable investors to take a more customized approach to their emerging market portfolio and meet their risk return objectives.”
Matthews active ETFs provide investors with the same active management expertise that has served investors for over 30 years with the lineup of its mutual funds, adding benefits that include lower fees, increased tax efficiency and intra-day liquidity:
- Matthews Emerging Markets Equity Active ETF (NYSE Arca: MEM)
- Matthews Emerging Markets ex China Active ETF (NYSE Arca: MEMX)
- Matthews Asia Innovators Active ETF (NYSE Arca: MINV)
- Matthews China Active ETF (NYSE Arca: MCH)
About Matthews
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 is the largest dedicated Asia investment specialist in the United States. Matthews employs a bottom-up, fundamental investment philosophy, with a focus on long-term investment performance. For more information, please visit matthewsasia.com.
Media Contact:
Victoria Odinotska
KANTER
+1 703 534 3735