ADVE — Matthews Asia Dividend Active ETF
Matthews Asia Dividend Active ETF (ticker: ADVE) is a equity ETF issued by Matthews International Capital Management tracking ACTIVE - No Index. It was launched on 2023-09-21.
About ADVE
The Matthews Asia Dividend Active ETF (ADVE) is an actively managed equity fund that invests in dividend-paying companies across the Asia-Pacific region. It holds 66 securities with a focus on high dividend yield. Investors might consider ADVE for exposure to a diversified portfolio of dividend-generating companies in Asian markets, managed actively by Matthews International Capital Management. The fund aims to provide income and capital appreciation from its equity holdings.
- Actively managed ETF focusing on dividend-paying companies in Asia-Pacific.
- Holds 66 securities.
- Expense ratio of 0.01%.
- Average daily volume of 1,182.889.
- Top holdings include Taiwan Semiconductor Manufacturing Co. Ltd. ADR and Samsung Electronics Co. Ltd.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 1.34% |
| 1 Week | -3.53% |
| 1 Month | -3.72% |
| 3 Months | 8.46% |
| 6 Months | 16.09% |
| YTD | 16.20% |
| 1 Year | 31.48% |
| 3 Years | — |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. ADR | TSM | 10.90% |
| 2 | TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. ADR | TSM | 10.90% |
| 3 | TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. ADR | TSM | 10.90% |
| 4 | TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. ADR | TSM | 10.90% |
| 5 | TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. ADR | TSM | 10.90% |
| 6 | TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. ADR | TSM | 10.90% |
| 7 | TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. ADR | TSM | 10.80% |
| 8 | TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. ADR | TSM | 10.80% |
| 9 | TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. ADR | TSM | 10.80% |
| 10 | TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. ADR | TSM | 10.80% |
Fund Profile
| Issuer | Matthews International Capital Management |
|---|---|
| Brand | Matthews Asia |
| Asset Class | equity |
| Strategy | Active |
| Structure | ETF |
| Category | High Dividend Yield |
| Segment | Equity: Asia-Pacific - High Dividend Yield |
| Region | Broad Asia |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2023-09-21 |
| Tax on Distributions | Qualified dividends |
Quick Facts
| Ticker | ADVE |
|---|---|
| Full Name | Matthews Asia Dividend Active ETF |
| Issuer | Matthews International Capital Management |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $7.12M |
| Inception | 2023-09-21 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does ADVE track?
ADVE (Matthews Asia Dividend Active ETF) tracks ACTIVE - No Index, a equity benchmark.
What is the expense ratio of ADVE?
ADVE has an expense ratio of 0.01% per year.
What is the AUM of ADVE?
ADVE has approximately $7.12M in assets under management.
Does ADVE pay a dividend?
ADVE distributes income according to its prospectus (Qualified dividends tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues ADVE?
ADVE is issued by Matthews International Capital Management under the Matthews Asia brand, launched on 2023-09-21.
Open the interactive ADVE dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.