Matthews China Discovery Active ETF MCHS

Frequently Asked Questions About MCHS

What does MCHS invest in?

Under typical circumstances, the Matthews China Discovery Active ETF endeavors to achieve its investment objective by dedicating a minimum of 65% of its net assets, which includes capital acquired through borrowing for investment, to the equity securities (both common and preferred stock) of smaller companies. Additionally, at least 80% of the fund's total net assets, again accounting for any borrowed funds, will be invested in the common and preferred shares of firms based in China. This fund maintains a non-diversified portfolio.

What is the expense ratio of MCHS?

Matthews China Discovery Active ETF MCHS (MCHS) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MCHS?

Matthews China Discovery Active ETF MCHS (MCHS) manages $14.0M 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 MCHS actively managed or an index fund?

MCHS is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MCHS's is 0.99%) in exchange for the discretion to over- or under-weight positions.

When was MCHS launched?

Matthews China Discovery Active ETF MCHS (MCHS) launched in January 2024 and is managed by Matthews Asia.

How has MCHS performed?

MCHS'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.