ETF Education Report: Man Active Trend Enhanced ETF (MATE)

What this ETF is trying to do

The Man Active Trend Enhanced ETF (ticker: MATE) is an exchange-traded fund listed on the NASDAQ. Based on its top holdings, it includes a mix of different assets. Its largest holding is the iShares Core S&P 500 ETF, which makes up about 55.75% of the fund. The rest of the portfolio includes various other assets like cash and different types of financial futures.

What the numbers show

As of October 5, 2026, the current price of MATE is $33.20.

When looking at how the fund has performed this year, we look at "returns." For MATE, the Year-to-Date (YTD) price return is approximately 28.45%. The YTD total return is also approximately 28.45%.

It is important to know the difference between these two terms:

• Price Return measures only the change in the share price.

• Total Return includes both the change in share price and any cash distributions (like dividends) paid out to investors.

In this specific case, the price return and total return numbers are the same because no distributions were recorded. Data for one-year or three-year returns was not supplied.

Income and distribution explanation

Some investors look for ETFs that pay them regular cash, known as distributions. For MATE, the distribution yield is 0%. The data shows no distributions have been detected over the last 12 months. Because there is no regular cash payout, this fund has an income rating grade of "F."

NAV erosion explanation

"NAV erosion" is a term used to describe when the value of the underlying assets in an ETF decreases significantly. While some investors worry about this, MATE does not have a severe erosion-risk flag. Because there is not enough verified price history, an official erosion score has not been provided.

Pros

• The fund has shown a strong Year-to-Date price return of approximately 28.45%.

• The fund is not labeled as a leveraged or inverse ETF, which can sometimes be more complex for beginners.

Cons

• The fund does not currently provide any cash distributions or income to investors.

• There is limited historical data available for one-year or three-year performance comparisons.

Beginner takeaway

MATE is an ETF that has seen significant price growth so far this year. However, it is not designed to provide regular cash income to investors. When looking at any ETF, remember that price growth and cash income are two different ways to earn money. Always check if you are looking at the "price return" or the "total return."

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*Note: This report is for educational purposes only. It does not provide financial advice and does not recommend buying, selling, or holding this ETF.*