Mirae Asset GEM Sector Leader Equity Fund
Fund Objective
The primary objective of the sub-fund is to achieve long term growth in the share price through capital appreciation 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 sector leading companies domiciled in or exer-cising a large portion of their economic activity in the global emerging markets of the world.
Key Features
Fund Prices
As of 07/09/2021| Total Fund Size (USD million) | 1.38 |
| Net Asset Value per Share (USD) | 18.04 |
| Daily Change (%) | 0.17% |
Peformance Chart
Compositions
As of 31/08/2021| Name | Fund | Benchmark | Weights Fund Benchmark |
|---|---|---|---|
| China | 23.4% | 33.90% | |
| India | 18.8% | 11.70% | |
| Korea | 15.4% | 13.00% | |
| Taiwan | 8.3% | 14.80% | |
| Hong Kong | 8.3% | 0.00% | |
| Brazil | 4.5% | 5.00% | |
| Vietnam | 3.3% | 0.00% | |
| Russia | 3.1% | 3.60% | |
| Mexico | 2.4% | 2.00% | |
| Cash | 4.8% | 0.00% | |
| Others | 7.7% | 16.00% | |
| Compositions are subject to change. | |||
Fund Managers
Lead Portfolio Manager
Rahul Chadha
Chief Investment Officer
Co-Portfolio Manager
Phil S. LEE
Head of AP Research
Fund Documents
Legal Documents
Marketing Documents
Application Forms
Source: FactSet, Bloomberg and Mirae Asset Global Investments (HK) Limited data. All performance numbers are net of fees, NAV to NAV, in USD with dividends reinvested. Fund: The fund inception date was 28 October 2009 whilst Class A (USD) was launched on 28 October 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 Index. The benchmark is a gross return index that includes reinvestment of dividends/income. †Morningstar, Inc. All Rights Reserved.
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 whatsoever 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.
Mirae Asset GEM Sector Leader 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 perfor-mance 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 profes-sional 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 document is issued by Mirae Asset HK and has not been reviewed by the Securities and Futures Commission.
Mirae Asset GEM Sector Leader 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 perfor-mance 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 profes-sional 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 document is issued by Mirae Asset HK and has not been reviewed by the Securities and Futures Commission.