Mirae Asset Asia Great Consumer Equity Fund
as of 12/31/21
Fund Objective
Key Features
Long-term and Sustainable Trend
Great consumer is a long-term and sustainable trend in Asia, created by the increasing purchasing power of the rising middle class.
Beyond a Traditional Consumer Play
We aim to capture shifts in consumption patterns in addition to Asia consumer’s growing wallets.
Bottom-up, High Conviction Portfolio
Mirae Asset takes a long-term approach with a concentrated high conviction portfolio of quality focused stocks.
Fund Prices
As of 17/01/2022| Total Fund Size (USD million) | 1,661.06 |
| Net Asset Value per Share (USD) | 21.29 |
| Daily Change (%) | -0.75% |
Peformance Chart
Compositions
As of 31/12/2021| Name | Fund | Benchmark | Weights Fund Benchmark |
|---|---|---|---|
| China | 48.1% | 37.00% | |
| India | 19.6% | 14.20% | |
| Korea | 17.3% | 14.60% | |
| Indonesia | 6% | 1.70% | |
| Taiwan | 2.9% | 18.40% | |
| Singapore | 2.2% | 3.00% | |
| Malaysia | 1.5% | 1.60% | |
| Philippines | 1.1% | 0.80% | |
| Thailand | 0.9% | 1.90% | |
| Cash | 0.4% | 0.00% | |
| Others | 0% | 6.90% | |
| Compositions are subject to change. | |||
Fund Managers
Lead Portfolio Manager
Senior Portfolio Manager
Co-Portfolio Manager
Senior Investment Analyst − Consumer Discretionary (excl. Auto)
Insights
Fund Documents
Legal Documents
Marketing Documents
Application Forms
Source: FactSet, Bloomberg and Mirae Asset Global Investment (Hong Kong) Limited.
All performance numbers are net of fees, NAV to NAV, in USD, and with dividends reinvested.
Fund: The fund inception date was on 7 June 2011 whilst Class I (USD) was launched on 7 June 2011.
The fund performance information is based on Class I which is for professional or qualified investors only. The returns may not be the same as Class A which is for retail investors.
The calendar year return % show by how much the Fund increased or decreased in value during the calendar year being shown. Where no past performance is shown there was insufficient data available in that year to provide performance.
Benchmark: MSCI AC Asia ex Japan Index. The benchmark is a gross return index that includes reinvestment of dividends/income.
Source and Copyright: Citywire. Joohee An is [AA ] rated by Citywire for his/her rolling 3 year risk-adjusted performance, for the period December 2018 to December 2021.
© 2021 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Morningstar Rating as of 31 Dec 2021.
Certain information contained in this page is compiled from third party sources. Whilst Mirae Asset Global Investments (Hong Kong) Limited (“Mirae Asset HK”) has, to the best of its endeavor, ensured that such information is accurate, complete and up-to-date, and has taken care in accurately reproducing the information, it shall have no responsibility or liability what so ever for the accuracy of such information or any use or reliance thereof. Mirae Asset HK accepts no liability for any loss or damage of any kind resulting out of the unauthorised use of this page. The information contained in this page is for information purposes only and does not constitute any recommendation, offer or solicitation to buy, sell or subscribe to any securities or financial instruments in any jurisdiction.
Mirae Asset Asia Great Consumer Equity Fund is a sub fund of Mirae Asset Global Discovery Fund (Company), a Luxembourg SICAV. Investment involves risk. It cannot be guaranteed that the performance of the Fund will generate a return and there may be circumstances where no return is generated or the amount invested is lost. Past performance is not indicative of future performance. Before making any investment decision to invest in the Fund, investors should read the Prospectus and the Information for Hong Kong Investors for details and the risk factors. Investors should ensure they fully understand the risks associated with the Fund and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investments. References to particular sectors, securities or companies are for general information and illustrative purposes only and are not recommendations to buy or sell a security or an indication of Mirae Asset HK’s holdings at any one time.
This page is issued by Mirae Asset HK and has not been reviewed by the Securities and Futures Commission.