Industry description
The investment seeks long-term capital appreciation.
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common stocks, preferred stocks and convertible securities, of any duration or credit quality, including those that are unrated, or would be below investment grade (referred to as “junk bonds”) if rated, of companies located in India. The fund is non-diversified.
High and low price notable news
The average weekly price growth across all stocks in the Matthews India Active ETF ETF was -1%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was -6%. HDB experienced the highest price growth at 1%, while HDB experienced the biggest fall at 1%.