Matthews Asia Innovators Active ETF Becomes Non-Diversified

Shareholders of the Matthews Asia Innovators Active ETF (MINV) approved changing the fund’s status from diversified to non-diversified under the Investment Company Act of 1940, effective July 24, 2026. The change allows the ETF to invest a larger share of its assets in a smaller number of companies, potentially increasing concentration risk while maintaining the same investment strategy. The prospectus has been updated to reflect the added non-diversification risk, noting that the fund may be more sensitive to company-specific, economic, political, or regulatory events.