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

12.57
Net Asset Value
+0.08%
1 Day
+6.44%
Year-to-Date
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
No Load
Sales Expenses
2.30%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to achieve long-term capital growth. Under normal circumstances, EM Great Consumer 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-2.48% 3 years+10.79%
3 months-3.16% 5 years--
1 year+1.62% Since inception+7.26%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 MICGXCategory
Performance 5-yr return--+4.28%
Expense ratio2.30%1.59%
Risk 5 year sharpe ratio--0.32
Net assets$153.7M$1.5B
Average market cap$9.2B$19.0B
Average P/E17.613.1
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyMirae Asset Global Investments (USA) LLC
Fund manager & tenureJosé Morales / 4 Years
Minimal initial investment$250,000.00
Minimum IRA investment--

Holdings

International stock90.56%
Cash8.41%
U.S. stock1.03%
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.4.23%
-- Hotel Shilla Co Ltd4.10%
-- Sands China Ltd3.18%
-- Minor International PLC DR3.10%
-- Orion Corp (Korea)2.89%
-- Universal Robina Corporation2.76%
VIPS Vipshop Holdings Ltd ADR2.59%
-- Samsonite International SA2.37%
-- Apollo Hospitals Enterprise Ltd2.32%
-- Sihuan Pharmaceutical Holdings Group Ltd2.19%

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