Mirae Asset Global Discovery Fund - Asia Sector Leader Equity Fund A USD Capitalization

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Performance History30/11/2021
Growth of 1,000 (GBP) Advanced Graph
Mirae Asset Global Discovery Fund - Asia Sector Leader Equity Fund A USD Capitalization
Fund35.3-19.416.225.73.2
+/-Cat7.3-7.51.42.94.7
+/-B’mrk5.8-10.42.64.66.0
 
Key Stats
NAV
08/12/2021
 USD 18.95
Day Change 1.54%
Morningstar Category™ Asia ex-Japan Equity
ISIN LU0336299408
Fund Size (Mil)
31/03/2020
 USD 197.05
Share Class Size (Mil)
08/12/2021
 USD 11.21
Max Initial Charge 5.25%
Ongoing Charge
17/02/2021
  1.76%
Investment Objective: Mirae Asset Global Discovery Fund - Asia Sector Leader Equity Fund A USD Capitalization
The primary objective of the Sub-Fund is to achieve long term growth in the share price through capital appreciation, measured in US Dollars, 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 exercising a large portion of their economic activity in countries (including, but not limited to, territories and special administrative regions) of Asia (ex. Japan) such as Korea, China, Hong Kong, Taiwan, Singapore, India, Malaysia, Indonesia, Thailand and Philippines but additional opportunities are also sought, whenever regulations permit, in any of the emerging market in Asia.
Returns
Trailing Returns (GBP)08/12/2021
YTD4.98
3 Years Annualised14.77
5 Years Annualised10.39
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Rahul Chadha
23/05/2012
Phil Lee
15/04/2021
Inception Date
17/05/2013
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI AC Asia Ex Japan NR EURMSCI AC Asia Ex Japan NR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNo
HedgingNo
OtherNot Specific
Portfolio Profile for  Mirae Asset Global Discovery Fund - Asia Sector Leader Equity Fund A USD Capitalization31/05/2021
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.470.0098.47
Bond0.000.000.00
Property0.000.000.00
Cash1.530.001.53
Other0.000.000.00
Top 5 Regions%
Asia - Emerging59.76
Asia - Developed36.34
United Kingdom3.89
United States0.00
Canada0.00
Top 5 Sectors%
Financial Services27.30
Consumer Cyclical22.33
Technology16.98
Basic Materials8.86
Communication Services7.76
Top 5 HoldingsSector%
Tencent Holdings LtdCommunication ServicesCommunication Services6.58
ICICI Bank LtdFinancial ServicesFinancial Services5.22
Samsung Electronics Co LtdTechnologyTechnology4.97
Alibaba Group Holding Ltd Ordina... Consumer CyclicalConsumer Cyclical4.52
Shinhan Financial Group Co LtdFinancial ServicesFinancial Services3.90
Mirae Asset Global Discovery Fund - Asia Sector Leader Equity Fund A USD Capitalization

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)