Matthews Asia Innovators Etf Profile
| MINV Etf | USD 28.26 0.02 0.07% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Matthews Asia is selling for under 28.26 as of the 30th of November 2024; that is 0.07 percent decrease since the beginning of the trading day. The etf's lowest day price was 28.26. Matthews Asia has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Matthews Asia Innovators are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Asia that Matthews believes are innovators in their products, services, processes, business models, management, use of technology, or approach to creating, expanding or servicing their markets. More on Matthews Asia Innovators
Moving together with Matthews Etf
Matthews Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Pacific/Asia ex-Japan Stk, Matthews Asia Funds (View all Sectors) |
| Issuer | Matthews International Capital Management |
| Inception Date | 2022-07-13 |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Emerging Markets |
| Region | Asia-Pacific |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Matthews International Capital Management, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Funds Distributors LLC |
| Portfolio Manager | Michael J. Oh, Taizo Ishida |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 59.0 |
| Market Maker | Flow Traders |
| Total Expense | 0.79 |
| Management Fee | 0.79 |
| 200 Day M A | 26.6665 |
| Country Name | USA |
| 50 Day M A | 28.5901 |
| Code | MINV |
| Updated At | 30th of November 2024 |
| Returns Y T D | 20.81 |
| Name | Matthews Asia Innovators Active ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG018PKX8M1 |
| Type | ETF |
| 1y Volatility | 14.15 |
Matthews Asia Innovators [MINV] is traded in USA and was established 2022-07-13. The fund is listed under Pacific/Asia ex-Japan Stk category and is part of Matthews Asia Funds family. The entity is thematically classified as Strategy ETFs. Matthews Asia Innovators now have 4.48 M in assets. , while the total return for the last year was 22.6%.
Check Matthews Asia Probability Of Bankruptcy
Geographic Allocation (%)
Matthews Asia Innovators Currency Exposure
Matthews Asia Innovators holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Matthews Asia will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Matthews Asia Innovators.
Top Matthews Asia Innovators Etf Constituents
| 3661 | Alchip Technologies | Stock | Semiconductors | |
| TCOM | Trip Group Ltd | Stock | Consumer Discretionary | |
| MMYT | MakeMyTrip Limited | Stock | Consumer Discretionary | |
| INDHOTEL | The Indian Hotels | Stock | Consumer Discretionary | |
| CAMS | Computer Age Management | Stock | Information Technology | |
| NEULANDLAB | Neuland Laboratories Limited | Stock | Health Care | |
| SE | Sea | Stock | Communication Services | |
| BHARTIARTL | Bharti Airtel Limited | Stock | Communication Services |
Matthews Asia Innovators Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Matthews Asia. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0602 | |||
| Jensen Alpha | 0.038 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.02) |
Matthews Asia Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matthews Asia Innovators. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of Matthews Asia Innovators is measured differently than its book value, which is the value of Matthews that is recorded on the company's balance sheet. Investors also form their own opinion of Matthews Asia's value that differs from its market value or its book value, called intrinsic value, which is Matthews Asia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Matthews Asia's market value can be influenced by many factors that don't directly affect Matthews Asia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Matthews Asia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matthews Asia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matthews Asia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.