Mirae Asset Emerging Markets Great Consumer Fund Class I (MICGX)

15.23
Net Asset Value
+0.26%
1 Day
-0.26%
Year-to-Date
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
No Load
Sales Expenses
1.73%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to achieve long-term capital growth. Under normal circumstances- the fund seeks to achieve its investment objective by investing 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 emerging markets or (ii) that are tied economically to emerging markets- 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.

Performance

1 month+0.26% 3 years+5.08%
3 months-6.75% 5 years+4.26%
1 year+22.90% Since inception+6.26%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 MICGXCategory
Performance 5-yr return+4.26%+4.45%
Expense ratio1.73%1.40%
Risk 5 year sharpe ratio0.360.30
Net assets$280.9M$1.7B
Average market cap$29.6B$32.6B
Average P/E25.514.9
Portfolio turnover55%55%

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Fund Management and Purchase Info

Fund familyMirae Asset Global Investments
Fund manager & tenureJoohee An / 7 Years
Minimal initial investment$250,000.00
Minimum IRA investment--

Holdings

International stock93.25%
Cash5.91%
Fixed income0.84%
U.S. stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 6.74%
BABA Alibaba Group Holding Ltd6.65%
-- 2.89%
TAL TAL Education Group2.82%
-- 2.53%
-- 2.48%
-- 2.31%
-- 2.24%
-- 2.15%
-- 2.10%