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Mirae Asset China Growth Equity Fund

Mirae Asset China Growth Equity Fund

A USD

Fund Disclosure

Investors should not base on this website alone to make investment decision. Please refer to the Hong Kong offering documents for details including the product features and the risk factors. Investment involves risks. There is no guarantee of the repayment of principal. Investor should note:@n • Mirae Asset China Growth Equity Fund (“the Fund”) investing primarily in equities and equity related securities of China companies which have strong prospects for future growth from the view of the Principal Investment Manager.@n • Investment in China carries higher risks than investment in a developed market and can be significantly affected by general economic and political conditions and changes in government policy in China. The investment may also be sensitive to regulatory developments, tax law and practice in China and fluctuations in the rate of exchange of Renminbi.@n • The Fund invests mainly in China, its investment is not as diversified as regional funds or global funds, the Fund is more volatile than regional funds or global funds and its portfolio value can be exposed to country specific risks.@n • The stock of small-capitalisation / mid-capitalisation companies may have lower liquidity and their prices are more volatile to adverse economic developments than those of larger capitalisation companies in general.@n • The expected maximum level of leverage arising from the use of financial derivative instruments calculated using the commitment approach is 100% of the sub-fund’s NAV.

Fund Objective

The primary objective of Mirae Asset China Growth Equity Fund is to achieve long term growth in the share price through capital appreciation, measured in US Dollars, of the underlying equity portfolio. The Principal Investment Manager will seek to achieve the objective of the Sub-Fund by investing mainly in equities and equity-related securities of China companies, including but not limited to companies which are engaged in consumer, health care, and e-commerce related industries, which have strong prospects for growth.

Fund PRICES {{ navasofdate }}

Total Fund Size (USD million) {{ masterfundsize | number:2 | manull }}
Net Asset Value per Share (USD) {{ dailynav | number:2 | manull }}
Daily Change (%) {{ dailychangepct | manull }} %

Peformance Chart

Performance {{perfdate}}

Cumulative %

 Fund NAV Benchmark
1 Month {{ perf1m | number:2 | manullpct }} {{ bm1m | number:2 | manullpct}}
3 Months {{ perf3m | number:2 | manullpct}} {{ bm3m | number:2 | manullpct }}
6 Months {{ perf6m | number:2 | manullpct}} {{ bm6m | number:2 | manullpct}}
YTD {{ perfytd | number:2 | manullpct }} {{ bmytd | number:2 | manullpct }}
1 Year {{ perf1y | number:2 | manullpct}} {{ bm1y | number:2 | manullpct }}
3 Years {{ perf3y | number:2 | manullpct }} {{ bm3y | number:2 | manullpct}}
5 Years {{ perf5y | number:2 | manullpct }} {{ bm5y | number:2 | manullpct}}
Since Inception {{ perfinception| number:2 | manullpct }} {{ bminception| number:2 | manullpct }}

Calendar Year Return %

 Fund NAV Benchmark
2020 {{ perfyearfund | masplitc:0 | mul:100 | number:2 | manullpct }} {{ perfyearbm | masplitc:0 | mul:100 | number:2 | manullpct }}
2019 {{ perfyearfund | masplitc:1 | mul:100 | number:2 | manullpct }} {{ perfyearbm | masplitc:1 | mul:100 | number:2 | manullpct }}
2018 {{ perfyearfund | masplitc:2 |mul:100 | number:2 | manullpct }} {{ perfyearbm | masplitc:2 |mul:100 | number:2 | manullpct }}
2017 {{ perfyearfund | masplitc:3 |mul:100 | number:2 | manullpct }} {{ perfyearbm | masplitc:3 | mul:100 | number:2 | manullpct }}
2016 {{ perfyearfund | masplitc:4 | mul:100 | number:2 | manullpct }} {{ perfyearbm | masplitc:4 |mul:100 | number:2 | manullpct }}
2015 {{ perfyearfund | masplitc:5 |mul:100 | number:2 | manullpct }} {{ perfyearbm | masplitc:5 | mul:100 | number:2 | manullpct }}
2014 {{ perfyearfund | masplitc:6 |mul:100 | number:2 | manullpct }} {{ perfyearbm | masplitc:6 | mul:100 | number:2 | manullpct }}
2013 {{ perfyearfund | masplitc:7 | mul:100 | number:2 | manullpct }} {{ perfyearbm | masplitc:7 |mul:100 | number:2 | manullpct }}
2012 {{ perfyearfund | masplitc:8 |mul:100 | number:2 | manullpct }} {{ perfyearbm | masplitc:8 | mul:100 | number:2 | manullpct }}
2011 {{ perfyearfund | masplitc:9 | mul:100 | number:2 | manullpct }} {{ perfyearbm | masplitc:9 | mul:100 | number:2 | manullpct }}

Where no past performance is shown there was insufficient data available to provide performance.

Compositions As of {{ compositionsResultDate | magdate:plocale:true}}

GEOGRAPHY
SECTOR
MARKET CAP
Name Fund Benchmark Weights
Fund Benchmark
{{ x[3] | trim }} {{ x[4] | number:2 }}% {{ x[5] | number:2 }}%
Compositions are subject to change.

Top 10 Holdings As of {{ resultTop10HoldingsDate | magdate:plocale:true }}

Name Fund (%)
{{ x[3] }} {{ x[6] | number:2 }}%
Holdings are subject to change.

FUND MANAGERS

Lead Portfolio Manager|Phil S. Lee|Portfolio Manager and Head of Asia Pacific Research|phil.png|bio-phil-lee:

Co-Portfolio Manager|Rahul Chadha|Co-Portfolio Manager and Chief Investment Officer|rahul.png|bio-rahul:

RELATED INSIGHTS

KEY FACTS

Benchmark MSCI China All Shares Index
Fund Structure Luxembourg SICAV with an UCITS status
Morningstar Category TMt China Equity
ISIN Code LU1206782309
Bloomberg Ticker MCGREAU LX
Currency of the Share Class USD
Other Dealing Currencies EUR
Fund Launch Date {{ fundlaunchdate | magdate:plocale:true }}
Share Class Launch Date {{ shareclasslaunchdate | magdate:plocale:true }}
Valuation Daily

SUBSCRIPTION DETAILS

Management Fee 1.5% p.a.
Min Initial Investment USD 2,500
Min Subsequent Investment None

Source: Factset, Bloomberg and Mirae Asset Global Investments (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 23 March 2015 whilst Class A (USD) was launched on 1 September 2017. 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 China All Shares Index. The benchmark is a gross return index that includes reinvestment of dividends/income. Prior to 10 August 2020, the benchmark was MSCI China 10/40 Index. †Morningstar, Inc. All Rights Reserved. Morningstar rating as of 31 Oct 2020.

Certain information contained in this document 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 document. The information contained in this document 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.@nMirae Asset China Growth 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.@nThis document is issued by Mirae Asset HK and has not been reviewed by the Securities and Futures Commission.