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MEMA — Man Active Emerging Markets Alternative ETF

MEMA is Man Group’s actively managed emerging-markets long/short equity ETF: the portfolio can hold both longs and shorts across EM issuers, aiming to compound stock-selection alpha with lower market dependence than a plain long-only EM index sleeve.

Equity Efficiency:B+Capital Efficiency grades how well this ETF delivers equity-side returns relative to the capital and beta it uses, with SPY as the B baseline. Leveraged ETFs score higher when they free up capital for an alpha sleeve. Long/short and factor ETFs are graded on excess return versus SPY, net of costs. MEMA runs a net-long emerging-markets equity book. The capital grade scores that equity sleeve versus its benchmark after fees.

MEMA price history

Range
+22.81%
Total return (1Y)
MEMA

Total return (Yahoo adjusted close—dividends and splits per Yahoo), normalized to $10,000 at first available trade date. Educational only.

Strategy

MEMA blends quantitative screening with manager discretion, then expresses views through long and short positions in emerging-markets equities and equity-related instruments. Net exposure can move as risk and opportunity sets change.

Implementation matters more than headline theme: short borrow costs, liquidity in local EM listings, and position sizing can dominate realized returns in stress windows. Net and gross exposure can drift; the monthly holdings file is more informative than the marketing summary.

Manager and Issuer Pedigree

Man Group is a long-standing listed alternatives manager with institutional roots in quantitative and discretionary investing; MEMA extends that research platform into an ETF wrapper for investors who want emerging-markets long/short exposure without a hedge-fund lockup.

The ETF itself is still early in lifecycle and relatively small by AUM, so trading implementation and capacity management deserve attention alongside pure alpha claims—use limit orders and confirm current liquidity before sizing.

Outperformance

Outperforms when <strong>EM country and sector dispersion</strong> is wide and persistent, windows where security selection and relative-value shorts can add return independent of broad EM index direction.

Underperforms when <strong>correlations across EM jump to one factor</strong> and <strong>short squeezes</strong> or crowded shorts punish the book.

Official ETF page

Read the official ETF page for current NAV, holdings, and documents: Man Group (MEMA).

Beta and MER may not be accurate.
Educational content only; not investment advice. Past performance does not guarantee future results.

Grades above are based on 4–11 months of live data and should be treated as provisional. Short history may not capture a full market-cycle.