The fund's primary goal is typically met by dedicating at least 80% of its total assets (including any borrowed capital used for investment) to the common and preferred shares of businesses operating in emerging market countries, explicitly excluding China. While the portfolio may include holdings in companies from developed nations or China, a key constraint applies: at the moment of acquisition, the fund cannot buy shares in any company based in a developed country or China if its combined exposure to these regions already exceeds 20% of its assets.

Compañía de Minas Buenaventura S.A.A.

Petróleo Brasileiro S.A. - Petrobras

Itaú Unibanco Holding S.A.

Nu Holdings Ltd.

Piraeus Bank S.A.

Sea Limited

Technology

Financial Services

Industrials

Consumer Cyclical

Basic Materials

Healthcare

Energy

Communication Services

Consumer Defensive

Utilities

Matthews Emerging Markets ex China Active ETF MEMX

MEMX Holdings & Sector Breakdown