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Mirae Asset Sustainable Asia Pacific Equity Fund

A USD

as of 02/28/22

Investors should not base on this document 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. Before you decide to invest, you should make sure the intermediary has explained to you that the Fund is suitable to you. Investor should note:
• Mirae Asset Sustainable Asia Pacific Equity Fund (the “Fund”) mainly invests in equities and equity-related securities of companies domiciled in or exercising a large portion of their economic activity in the developed and emerging countries of the Asia Pacific region (ex-Japan).
• The Fund invests in emerging markets should be regarded as having higher political, regulatory, volatility, liquidity, economic and foreign currency risks than a fund which invests in developed markets.
• The Fund invests in the Asia Pacific region (ex-Japan) should be regarded as having higher concentration risks than a fund following a more diversified policy.
• 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.
• The Fund's performance may differ significantly from the performance of funds with similar investment universe but without applying ESG criteria. The Fund’s portfolio may also be concentrated in ESG-related securities and its value may become more volatile than that of a fund investing in a more diversified portfolio.
• There is a lack of standard taxonomy in ESG evaluation methodologies and the way in which different funds that use ESG criteria will apply such criteria may vary. There can be no guarantee that the Principle Investment Manager will correctly assess the ESG characteristics of the Fund’s investment.

Fund Objective

The primary objective of the Fund is to achieve long term growth in the share price through capital appreciation, measured in US Dollars, of the underlying equity portfolio which promotes environmental, social and governance (ESG) criteria. The Fund will seek to achieve the objective by investing mainly in equities and equity related securities of companies domiciled in or exercising a large portion of their economic activity in countries of Asia Pacific developed countries (including, but not limited to, territories and special administrative regions) such as Australia, New Zealand, Hong Kong, and Singapore excluding Japan and Asia Pacific emerging countries (including, but not limited to, territories and special administrative regions) such as Korea, China, Taiwan, India, Malaysia, Indonesia, Thailand and Philippines but additional opportunities are also sought, whenever regulations permit, in any of the emerging market in Asia.

Key Features

Creating Value through ESG Investing

Best-in-class selection and exclusions to promote ESG characteristics

Fund Prices

As of 16/05/2022
Total Fund Size (USD million)30.11
Net Asset Value per Share (USD)19.87
Daily Change (%)0.76%

Peformance Chart

Cumulative

Fund NAVBenchmark
1 Month-9.27%-9.42%
3 Months-18.73%-15.71%
6 Months-25.94%-19.75%
YTD-20.01%-16.29%
1 Year-23.90%-20.21%
3 Years14.20%11.24%
5 Years15.52%20.76%
Since Inception98.70%108.52%

Calendar Year Return %

Fund NAVBenchmark
2021-0.80%-2.65%
202029.70%22.80%
201919.43%19.48%
2018-22.68%-13.68%
201746.56%37.32%
2016-2.99%7.06%
2015-3.98%-9.12%
20149.75%3.09%
201311.24%3.65%
201223.30%22.63%
2011-20.24%-15.38%

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

Compositions

As of 29/04/2022
NameFundBenchmarkWeights
Fund
Benchmark
China27.6%28.80%
India24.2%12.80%
Korea13.8%11.80%
Hong Kong6.4%6.00%
Taiwan5.3%14.50%
Vietnam4.9%0.00%
Malaysia4.4%1.50%
Australia3.8%16.90%
Singapore2.7%3.00%
Cash1.1%0.00%
Others6%4.70%
Compositions are subject to change.
NameFund (%)
Taiwan Semiconductor Manufacturing Co., Ltd.4.7%
Tencent Holdings Ltd.4.5%
IHH Healthcare Bhd.4.4%
ICICI Bank Limited4.2%
Meituan Class B3.7%
Samsung Electronics Co., Ltd.3.4%
Alibaba Group Holding Ltd.3.2%
Standard Chartered PLC3.1%
JD.com, Inc. Class A2.7%
Shinhan Financial Group Co., Ltd.2.6%
Holdings are subject to change.

Fund Managers

Lead Portfolio Manager

Rahul Chadha

Chief Investment Officer

Co-Portfolio Manager

Phil S. LEE

Head of AP Research

Key Facts

BenchmarkMSCI AC Asia Pacific ex Japan Index
Fund StructureLuxembourg SICAV with an UCITS status
Morningstar Category TMAsia ex-Japan Equity
ISIN CodeLU0336300859
Bloomberg TickerMIRAPAU LX
Currency of the Share ClassUSD
Other Dealing CurrenciesEUR, GBP
Fund Launch Date22/07/2008
Share Class Launch Date01/09/2009
ValuationDaily

Subscription Details

Management Fee1.5% p.a.
Min Initial InvestmentUSD 2,500
Min Subsequent InvestmentNone

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 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 AC Asia Pacific ex Japan Index. The benchmark is a gross return index that includes reinvestment of dividends/income.

Source and Copyright: Citywire. Rahul Chadha is [+ ] rated by Citywire for his/her rolling 3 year risk-adjusted performance, for the period March 2019 to March 2022.

© 2022 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 28 Feb 2022.

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 Sustainable Asia Pacific 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.

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