Matthews China Active ETF

Frequently Asked Questions About MCH

What does MCH invest in?

MCH launched as part of Matthews Asias first ETF offerings. It invests in common and preferred stocks of companies located in China, including administrative regions Hong Kong and Macau. The fund covers a wide array of investable Chinese shares, such as A-shares, B-shares, H-shares, N-shares, Red Chips, and P-Chips. It may also invest in constituents of its benchmark, the MSCI China Index. While the fund has an all-cap exposure, it expects to invest in large- and mid-cap companies. The fund looks for sustainable growth based on fundamental characteristics such as balance sheet information, size, cash flow stability, and financial health. The fund may also employ exclusionary ESG screens, which avoid controversial businesses, such as tobacco, weapons, and fossil fuels. The fund issuer may engage with its portfolio companies on sustainability and governance matters through active dialogue, exercising shareholder rights, and encouraging enhanced ESG disclosure and implementation.

What is the expense ratio of MCH?

Matthews China Active ETF (MCH) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MCH?

Matthews China Active ETF (MCH) manages $22.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MCH actively managed or an index fund?

MCH is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (MCH's is 0.79%) because there's no security selection cost.

When was MCH launched?

Matthews China Active ETF (MCH) launched in July 2022 and is managed by Matthews Asia.

How has MCH performed?

MCH's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.