# Matthews Emerging Markets Discovery Active ETF MEMS (MEMS): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mems for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Matthews Asia · Asset class: Equity - Strategy: Thematic · Inception: 2024-01-10 Under typical market conditions, the Matthews Emerging Markets Discovery Active ETF (MEMS) endeavors to fulfill its investment objectives by allocating a minimum of 65% of its total assets, which encompasses borrowed capital, to the equity securities (both common and preferred shares) of smaller businesses. Additionally, a substantial portion, at least 80% of the fund's net assets (also including leveraged funds), will be invested in the common and preferred stocks of companies primarily based in emerging market economies, such as prominent nations like China and India. It is noteworthy tha... ## Key Facts | Metric | Value | |---|---| | Price | $28.29 | | Expense Ratio | 0.99% | | Assets Under Management | $20.5M | | NAV | $29.16 | | Holdings Count | 0 | | Distribution Yield (TTM) | 2.53% | | Annual Distribution (TTM) | $0.72 /share | | Distribution Frequency | Irregular | | 52-Week Range | $24.64 – $32.57 | | Beta | 0.75 | ## Latest Distribution - Amount: $0.7165 /share - Ex-date: 2025-12-17 - Pay date: 2025-12-22 ## Frequently Asked Questions ### What does MEMS invest in? Under typical market conditions, the Matthews Emerging Markets Discovery Active ETF (MEMS) endeavors to fulfill its investment objectives by allocating a minimum of 65% of its total assets, which encompasses borrowed capital, to the equity securities (both common and preferred shares) of smaller businesses. Additionally, a substantial portion, at least 80% of the fund's net assets (also including leveraged funds), will be invested in the common and preferred stocks of companies primarily based in emerging market economies, such as prominent nations like China and India. It is noteworthy that this fund employs a non-diversified investment strategy. ### What is the expense ratio of MEMS? Matthews Emerging Markets Discovery Active ETF MEMS (MEMS) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MEMS? Matthews Emerging Markets Discovery Active ETF MEMS (MEMS) manages $20.5M 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 MEMS actively managed or an index fund? MEMS's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was MEMS launched? Matthews Emerging Markets Discovery Active ETF MEMS (MEMS) launched in January 2024 and is managed by Matthews Asia. ### How has MEMS performed? MEMS'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. ### Does MEMS pay a dividend? Matthews Emerging Markets Discovery Active ETF MEMS (MEMS) currently distributes little or no income. Trailing-twelve-month yield is 2.53%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MEMS pay dividends? Matthews Emerging Markets Discovery Active ETF MEMS pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is MEMS's dividend yield? MEMS's trailing-twelve-month yield is 2.53%, calculated from the sum of dividends over the past year divided by the current price. ### When is MEMS's next ex-dividend date? The most recently announced ex-dividend date for MEMS was 2025-12-17. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will MEMS's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.99% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MEMS charge its expense ratio? The expense ratio is deducted in tiny daily slices from MEMS's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MEMS cost more than a fund like VOO? MEMS's strategy (current expense ratio 0.99%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where MEMS sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to MEMS? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MEMS (0.99%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/mems - Distribution history: https://www.dividenddata.com/funds/mems/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mems/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mems/expenses - Peer comparison: https://www.dividenddata.com/funds/mems/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.