MEMX Fees and Costs — Matthews Emerging Markets ex China Active ETF
Data updated: 2026-08-24
The net expense ratio is 0.79%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $85K in broker commissions, 0.2408% of average net assets, and portfolio turnover was 102%.
MEMX Fees and Expenses
Annual operating expenses and sales charges of MEMX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.79% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.79% |
| Fee waiver | — |
| Net expense ratio | 0.79% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
MEMX Costs Over Time
On $10,000 invested in MEMX, assuming 5% a year before costs, total costs come to $644 over 5 years, cutting the return by 1.08% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.79%) | $83 | $259 | $449 |
| Trading costs (broker commissions) | $25 | $79 | $137 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $354 | $644 |
| Value after costs | $10,392 | $11,222 | $12,118 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
MEMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.2408%
- Total broker commissions: $85K
- Bought from dealers (principal trades, not a cost): $39.5M
- Portfolio turnover (prospectus): 102%
- Securities lending: none during the year
MEMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $11K | 15.92% |
| EFG Hermes Holding SAE | $10K | 15.06% |
| J.P. Morgan Securities LLC | $9K | 14.32% |
| UBS Securities LLC | $7K | 10.17% |
| CITIGROUP GLOBAL MARKETS INC. | $6K | 9.37% |
| BTG PACTUAL US CAPITAL, LLC | $6K | 8.48% |
| JEFFERIES LLC | $5K | 7.29% |
| GOLDMAN SACHS & CO. LLC | $5K | 7.08% |
| CLSA SINGAPORE PTE LTD | $4K | 6.56% |
| MACQUARIE CAPITAL (USA), INC. | $4K | 5.75% |
MEMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON CORPORATION | $39.5M | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.