Mirae Asset Asia Great Consumer Fund Class A (MGCEX)

11.41
Net Asset Value
+0.35%
1 Day
+5.94%
Year-to-Date
Overall Morningstar Rating
Pacific/asia ex-japan stk
Style or Category
5.75
Sales Expenses
5.38%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to achieve long-term capital growth. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities (i) of issuers in Asia, excluding Japan, or (ii) that are tied economically to Asia, excluding Japan, provided that, in either case, the issuers of any such securities are expected to be beneficiaries of the increasing consumption and growing purchasing power of individuals in the world's emerging markets. Equity securities consist of common stock and related securities, such as preferred stock and depositary receipts.

Performance

1 month+1.25% 3 years+4.55%
3 months+2.80% 5 years--
1 year+7.57% Since inception+1.81%
Data through --

Peer Comparisonvs. Pacific/asia ex-japan stk

 MGCEXCategory
Performance 5-yr return--+16.10%
Expense ratio5.38%1.70%
Risk 5 year sharpe ratio--0.81
Net assets$18.6M$689.5M
Average market cap$8.9B$16.4B
Average P/E20.014.3
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyMirae Asset Global Investments (USA) LLC
Fund manager & tenureJoohee An / 3 Years
Minimal initial investment$2,000.00
Minimum IRA investment$500.00

Holdings

International stock93.06%
Cash6.94%
U.S. stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Tencent Holdings Ltd.6.44%
-- Galaxy Entertainment Group Ltd.6.23%
-- Sands China Ltd.6.16%
-- Orion Corp (Korea)5.50%
-- Hotel Shilla Company Ltd.5.06%
-- Universal Robina Corporation4.65%
-- Apollo Hospitals Enterprise Ltd4.06%
-- Samsonite International S.A.3.91%
-- ITC Ltd.3.88%
-- Brilliance China Automotive Holdings, Ltd.3.41%

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