Matthews Emerging Markets Equity Active ETF MEM
MEM
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- Four Embarcadero Center, Suite 550 San Francisco CA United States of America 94111
- IPO Date
- Jul 14, 2022
- Website
- matthewsasia.com
- Similar Companies
- Business
- Matthews Emerging Markets Equity Active ETF (MEM) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing at least 80% of its net assets in common and preferred stocks of companies located in emerging market countries, including frontier markets such as Sri Lanka and Vietnam; the fund may allocate up to 20% to developed market companies and employs a bottom-up fundamental analysis approach focusing on sustainable growth characteristics like balance sheet strength, cash flow stability, management quality, and corporate governance; it benchmarks performance against the MSCI Emerging Markets Index and features portfolio construction integrating macroeconomic frameworks, EPS growth, P/E analysis, and risk controls for beta exposure. The ETF, with net assets of approximately $39.5 million as of June 30, 2025, trades on the NYSE Arca exchange under the ticker MEM with a gross expense ratio of 0.79%; top holdings as of mid-2025 include Taiwan Semiconductor Manufacturing Co., Ltd. (10.2%), Tencent Holdings, Ltd. (5.5%), and HDFC Bank, Ltd. (3.0%), with sector allocations led by financials (29.8%), information technology (19.0%), and consumer discretionary (14.5%), and country exposures emphasizing China/Hong Kong (28.4%), India (20.0%), and Taiwan (15.1%). Launched on July 13, 2022, MEM is advised and managed by Matthews International Capital Management, LLC (Matthews Asia), a San Francisco-based firm founded in 1991 specializing in emerging markets and Asia equities with over $6.5 billion in assets under management; portfolio managers Sean Taylor and Jeremy Sutch, CFA, lead the strategy, which maintains 69 positions, a weighted average market cap of $208.8 billion, and an active share of 67.6% relative to its benchmark. Recent developments include manager transitions with John Paul Lech serving as lead from inception until at least December 2023, followed by the current team assuming responsibility; in January 2024, Matthews expanded its active ETF lineup with launches of the Emerging Markets Discovery Active ETF (MEMS) and China Discovery Active ETF (MCHS), targeting smaller innovative companies and complementing MEM's broader emerging markets focus; the firm reported $6.87 billion in discretionary AUM as of late 2024 and increased stakes in holdings like Futu Holdings by 52.51% in Q3 2025. The ETF targets institutional and individual investors seeking diversified exposure to growth-oriented emerging market equities across diversified sectors and market capitalizations, with geographic operations spanning Asia, Latin America, and other emerging regions globally.