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Dynasty Wealth Management LLC acquired a new stake in shares of Matthews Emerging Markets Equity Active ETF (NYSEARCA:MEM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 206,374 shares of the company's stock, valued at approximately $7,480,000. Dynasty Wealth Management LLC
Emerging markets can come with a lot of growth potential. However, they also usually have more volatility than you might get with developed markets.
When investing in emerging markets, Matthews Asia's head of portfolio strategy David Dali said at Exchange 2023 that active management is key. “Our benchmarks tend to be blind to things like corporate governance and regulatory issues and geopolitics,” Dali told NYSE's Judy Shaw.
It's the first actively managed emerging market exchange-traded fund to exclude China.
Matthews Asia launched the Matthews Emerging Markets ex China Active ETF (NYSE Arca: MEMX) on the New York Stock Exchange today, adding to the firm's active ETF suite. MEMX allows investors to separate China from their core emerging markets allocations, thereby taking control over the level of China exposure in their portfolios.
Active management in emerging markets ETFs has led to significant outperformance this year. The Matthews Emerging Markets Equity Active ETF (MEM) has outperformed the benchmark because its managers have been able to tactically maneuver complex markets, capturing opportunities that lie outside of the purview of indexes.
While a global downdraft has affected nearly all segments of the market, emerging markets have been particularly impacted by a strong U.S. dollar. Thus, emerging markets rallied in mid-December as the U.S. dollar weakened against other major currencies amid growing concerns of the U.S.
Active emerging markets ETFs showed their strength this year, tactically adding new exposure to counter challenges in volatile markets and outperforming passive benchmarks.
SEC filings for MEM aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.