Mirae Asset ESG Emerging Asia ex China Equity Fund
Fund Objective
The Principal Investment Manager will seek to achieve the objective of the Fund by investing mainly in equities and equity related securities (such as but not limited to shares and depository receipts) of companies domiciled in or exercising a large portion of their economic activity in emerging markets in Asia (including, but not limited to, territories and special administrative regions) such as India, Indonesia, Korea, Malaysia, Philippines, Taiwan and Thailand, excluding China. Additional opportunities may also be sought in frontier markets in Asia, such as Vietnam, Bangladesh, Pakistan and Sri Lanka.
Key Features
Creating Value through ESG Investing
Best-in-class selection and exclusions to promote ESG characteristics
Fund Prices
As of 19/09/2024| Total Fund Size (USD million) | 23.95 |
| Net Asset Value per Share (USD) | 24.06 |
| Daily Change (%) | 0.46% |
Peformance Chart
Allocations
As of 30/08/2024| Fund Weight | Benchmark Weight | Fund Benchmark | |
|---|---|---|---|
| India | 40.8% | 39.4% | |
| Taiwan | 27.6% | 26.8% | |
| Korea | 18.8% | 23.1% | |
| Indonesia | 6.4% | 3.5% | |
| Vietnam | 3.1% | 0.0% | |
| Thailand | 1.1% | 3.0% | |
| Philippines | 0.7% | 1.2% | |
| Malaysia | 0.0% | 3.1% | |
| Cash | 1.5% | 0.0% | |
| Allocations are subject to change. | |||
Fund Managers
Portfolio Manager
Chief Investment Officer
Insights
Fund Documents
Legal Documents
- >> Prospectus (EN)
- >> Prospectus (繁)
- >> Annual Report
- >> Semi-Annual Report
- >> Shareholder Notice
- >> Shareholder Notice (繁)
- >> KFS (EN)
- >> KFS (繁)
Marketing Documents
Application Forms
SFDR
1. This figure is based on actual expenses incurred for the year ended 31 March 2024. It represents the sum of the ongoing expenses chargeable to the relevant share class expressed as a percentage of the average net asset value of the relevant share class. This figure may vary from year to year. It does not include any extraordinary expenses.
Effective 1 October 2023, the Fund was renamed “Mirae Asset ESG Emerging Asia ex China Equity Fund”, to reflect the change of investment universe from Asia Pacific ex-Japan countries to emerging Asia ex-China countries. The reference benchmark has been changed to “MSCI Emerging Markets Asia ex China 10-40 Index”.
Source: FactSet, Bloomberg, MSCI 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 on 22 July 2008 whilst Class A (USD) was launched on 1 September 2009.
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 Emerging Markets Asia ex China 10-40 Index. The benchmark is a gross return index that includes reinvestment of dividends/income.
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 ESG Emerging Asia ex China 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.
Certain information contained herein (the “Information”) is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their affiliates (“MSCI”), or information providers (together the “MSCI Parties”) and may have been used to calculate scores, signals, or other indicators. The Information is for internal use only and may not be reproduced or disseminated in whole or part without prior written permission. The Information may not be used for, nor does it constitute, an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product, trading strategy, or index, nor should it be taken as an indication or guarantee of any future performance. Some funds may be based on or linked to MSCI indexes, and MSCI may be compensated based on the fund’s assets under management or other measures. MSCI has established an information barrier between index research and certain Information. None of the Information in and of itself can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user assumes the entire risk of any use it may make or permit to be made of the Information. No MSCI Party warrants or guarantees the originality, accuracy and/or completeness of the Information and each expressly disclaims all express or implied warranties. No MSCI Party shall have any liability for any errors or omissions in connection with any Information herein, or any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.