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Details
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Inception date
Jan 10, 2024
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
ISIN
US5771257350
CUSIP
577125735
FIGI
BBG01KWPQ852
Identifiers
ISIN US5771257350
MCHS seeks long-term capital appreciation by investing in Chinese companies across the market-cap spectrum, including those from Hong Kong, whose innovations may drive durable growth and business resilience across market cycles. The fund broadly defines innovative companies as those that enable or adopt technologies to address structural challenges and create long-term shareholder value. These include innovation enablers (hardware, software, platforms, systems) and adopters (companies using technology for efficiency, differentiation, and growth). It aims for sustainable growth based on fundamentals such as balance sheet strength, employee count, cash flow stability, management quality, product lines, marketing strategies, corporate governance, and financial health. The fund may invest in depositary receipts. Prior to April 30, 2026, the fund was called Matthews China Discovery Active ETF that focused on small-cap companies.
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
Producer Manufacturing
Electronic Technology
Stocks92.55%
Producer Manufacturing29.67%
Electronic Technology23.94%
Health Technology7.31%
Consumer Durables7.26%
Technology Services4.89%
Transportation4.72%
Industrial Services4.63%
Consumer Services3.35%
Consumer Non-Durables3.14%
Finance2.32%
Commercial Services0.94%
Process Industries0.39%
Bonds, Cash & Other7.45%
Cash7.45%
Breakdown by region
Asia98.71%
North America1.29%
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
MCHS invests in stocks. The fund's major sectors are Producer Manufacturing, with 29.67% stocks, and Electronic Technology, with 23.94% of the basket. The assets are mostly located in the Asia region.
MCHS last dividends amounted to 1.16 USD. The year before, the issuer paid 1.41 USD in dividends, which shows a 21.46% decrease.
MCHS assets under management is 19.33 M USD. It's fallen 22.42% over the last month.
MCHS fund flows account for 18.32 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, MCHS pays dividends to its holders with the dividend yield of 2.00%. The last dividend (Dec 22, 2025) amounted to 1.16 USD. The dividends are paid annually.
MCHS shares are issued by Matthews International Capital Management LLC under the brand Matthews. The ETF was launched on Jan 10, 2024, and its management style is Active.
MCHS expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
MCHS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MCHS invests in stocks.
MCHS price has fallen by −24.30% over the last month, and its yearly performance shows a 30.74% increase. See more dynamics on MCHS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −24.65% over the last month, have fallen by −24.65% over the last month, showed a −7.96% decrease in three-month performance and has increased by 30.35% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −24.65% over the last month, have fallen by −24.65% over the last month, showed a −7.96% decrease in three-month performance and has increased by 30.35% in a year.
MCHS trades at a premium (1.12%) meaning the ETF is trading at a higher price than the calculated NAV.