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About Matthews International Funds Matthews India Active ETF
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Inception date
Sep 22, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Matthews International Capital Management LLC
Distributor
Foreside Funds Distributors LLC
INDE is designed to provide unconstrained all-cap exposure to companies located in or have substantial ties to India. Selected companies are favored for displaying competitive edge and pricing power throughout economic cycles. Using a bottom-up approach, eligible securities are analyzed based on their companys fundamental characteristics including its balance sheet, employee size, managements depth, adaptability and integrity, product lines, marketing strategies, corporate governance, financial health, and cash flow size and stability to identify those capable of sustainable growth. Although the fund may hold any market capitalization, it anticipates a bias in smaller companies that cater to rising domestic consumer demand. Additionally, INDEs investment objective is to seek long-term capital appreciation.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Transportation
Stocks99.33%
Finance34.33%
Transportation11.38%
Consumer Non-Durables9.46%
Technology Services8.91%
Consumer Durables8.32%
Health Technology5.13%
Producer Manufacturing4.82%
Non-Energy Minerals3.99%
Energy Minerals3.72%
Communications3.38%
Industrial Services2.08%
Electronic Technology1.53%
Commercial Services0.99%
Health Services0.82%
Retail Trade0.46%
Bonds, Cash & Other0.67%
Cash0.67%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
INDE invests in stocks. The fund's major sectors are Finance, with 34.33% stocks, and Transportation, with 11.38% of the basket. The assets are mostly located in the Asia region.
INDE top holdings are HDFC Bank Limited and ICICI Bank Limited, occupying 7.71% and 6.09% of the portfolio correspondingly.
INDE last dividends amounted to 0.01 USD. The year before, the issuer paid 0.02 USD in dividends, which shows a 86.57% decrease.
INDE assets under management is 14.49 M USD. It's risen 2.28% over the last month.
INDE fund flows account for 4.02 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, INDE pays dividends to its holders with the dividend yield of 0.05%. The last dividend (Dec 23, 2024) amounted to 0.17 USD. The dividends are paid annually.
INDE shares are issued by Matthews International Capital Management LLC under the brand Matthews. The ETF was launched on Sep 22, 2023, and its management style is Active.
INDE expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
INDE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
INDE invests in stocks.
INDE price has risen by 2.58% over the last month, and its yearly performance shows a −3.22% decrease. See more dynamics on INDE price chart.
NAV returns, another gauge of an ETF dynamics, showed a 8.43% increase in three-month performance and has decreased by −1.86% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 8.43% increase in three-month performance and has decreased by −1.86% in a year.
INDE trades at a premium (0.35%) meaning the ETF is trading at a higher price than the calculated NAV.