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Matthews Emerging Markets Discovery Active ETF aims to achieve the long-term capital appreciation. Under normal circumstances, the Matthews Emerging Markets Discovery Active ETF seeks to achieve its investment objective by investing at least 65% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of Small Companies (defined below). The remainder of the portfolio will be comprised of other investments that facilitate the investment strategy, and Matthews expects that the remainder of the portfolio will be comprised of mid-capitalization companies. In addition, at least 80% of the Fund's net assets, which includes borrowings for investment purposes, will be invested in the common and preferred stocks of companies located in emerging market countries, such as China and India.
Matthews Emerging Markets Discovery Active ETF trades on the NASDAQ stock market under the symbol MEMS.
As of January 3, 2025, MEMS stock price climbed to $23.63 with 3,678 million shares trading.
MEMS has a market cap of $17.01 million. This is considered a Sub-Micro Cap stock.
MEMS support price is $23.27 and resistance is $23.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MEMS shares will trade within this expected range on the day.