Fact sheet: Mirae Asset AsiaGreatCoEq

Fund information
Fund name
Mirae Asset Asia Great Consumer Equity A Non Distributing USD
Fund manager company
Mirae Asset Global Investments
Fund type
Offshore Fund
Fund manager
  • Joohee Ansince 30/09/2011
Fund objective
The primary objective of the sub-fund is to achieve long term growth in the share price through capital appreciation 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 Asian companies which are expected to benefit from growing consumption activities in the Asian region, excluding Japan. “Asian companies” shall mean companies domiciled or exercising a large portion of their economic activity in the Asia ex Japan region, or companies listed on the stock exchanges of these markets.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
7.1%
1 Year rank in sector
172/175
Sector
FO Equity - Asia Pacific ex Japan
Yield
-
Fund size
£592m (£772m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
122
Top in this sector
Fund name1 Year
Old Mutual AnEqIn62.9%
Old Mutual AnEqIn62.5%
Old Mutual Pac Eq62.4%
Templeton Asian Gth57.5%
TT International Asia Pac Eq56.2%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • China42.4%
    India14.8%
    Indonesia9.1%
    Hong Kong8.6%
    Korea7.6%
  • Information Technology23.6%
    Consumer Staples18.7%
    Consumer Discretionary18.5%
    Health Care17.8%
    Financials8.9%
  • Chinese Equities42.4%
    Indian Equities14.8%
    Indonesian Equities9.1%
    Hong Kong Equities8.6%
    South Korean Equities7.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.8%2.3%-8.1%7.1%5%30.2%
Sector4.4%8.1%3%26.3%15.8%24.5%
Rank within sector149 / 183178 / 183181 / 183172 / 175130 / 15658 / 123
Quartile4th4th4th4th4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund6.1%-11.7%-3.3%18.2%6.3%
Sector8.2%6.4%-6.8%5.5%3.3%
Rank within sector158 / 183172 / 17362 / 16513 / 15548 / 141
Quartile4th4th2nd1st2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-2.52
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
14.55
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.22
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.43
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.82
Price movement
52 week high13.22
52 week low10.96
Current bid price-
Current offer price-
Current mid price11.91
Region
1China42.4%
2India14.8%
3Indonesia9.1%
4Hong Kong8.6%
5Korea7.6%
6Thailand7.2%
7Philippines4.2%
8Money Market2.4%
9Malaysia2%
Industry sector
1Information Technology23.6%
2Consumer Staples18.7%
3Consumer Discretionary18.5%
4Health Care17.8%
5Financials8.9%
6Industrials6.5%
7Money Market2.4%
8Telecommunications Utilities2.2%
9Materials1.4%
Asset type
1Chinese Equities42.4%
2Indian Equities14.8%
3Indonesian Equities9.1%
4Hong Kong Equities8.6%
5South Korean Equities7.6%
6Thai Equities7.2%
7Philippine Equities4.2%
8Money Market2.4%
9Malaysian Equities2%
Individual holdings
1TENCENT HLDGS LTD10%
2ALIBABA GROUP HLDG LTD9.5%
3CTRIP COM INTERNATIONAL6.2%
4PING AN INSURANCE(GR)CO OF CHINA5.5%
5KALBE FARMA4.3%
6UNIVERSAL ROBINA CORP4.2%
7APOLLO HOSPITALS ENTERPRISE4.1%
8APOLLO HOSPITALS ENTERPRISE4.1%
9SANDS CHINA LTD4.1%
Management
Fund manager group
Mirae Asset Global Investments
Fund manager company
Mirae Asset Global Investments
Fund type
Offshore Fund
Fund objective
The primary objective of the sub-fund is to achieve long term growth in the share price through capital appreciation 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 Asian companies which are expected to benefit from growing consumption activities in the Asian region, excluding Japan. “Asian companies” shall mean companies domiciled or exercising a large portion of their economic activity in the Asia ex Japan region, or companies listed on the stock exchanges of these markets.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Joohee An30/09/2011Joohee An is a senior portfolio manager at Mirae Asset Global Investments (Hong Kong) Limited, where she manages investments in the Asia Pacific regional consumer sector, including the ‘Great Consumer’ range of products. Joohee joined the Mirae Asset Global Investments Group in 2006 in Korea, where she was an analyst covering the consumer, healthcare, telecoms and energy sectors at Mirae Asset Global Investments Co., Ltd. She was promoted to portfolio manager shortly after. In 2009 she was transferred to Mirae Asset Global Investments (Hong Kong) Limited to work as a portfolio manager covering regional stocks with a focus on the consumer and consumer-related sectors. She started her career at LG Securities in Seoul, Korea, where she worked from 2004 to 2006. Joohee holds a BA in Business Administration from Yonsei University, Seoul. She is a native Korean speaker and is fluent in English.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Finland, United Kingdom, Hong Kong, Republic Of Korea, Luxembourg, Netherlands, Offshore, Singapore, Sweden
Mirae Asset Asia Great Consumer Equity A EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.49
CurrencyEUR
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIAKF
Mirae Asset Asia Great Consumer Equity A Non Distributing USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.91
CurrencyUSD
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04TJ
Mirae Asset Asia Great Consumer Equity I USD
Initial charge1%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.29
CurrencyUSD
Price updated16/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code04TK
Mirae Asset Asia Great Consumer Equity K USD
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.87
CurrencyUSD
Price updated16/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05ZW
Mirae Asset Asia Great Consumer Equity R Acc
Initial charge-
Annual charge0.75%
Min single investment£1,250
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7.22
CurrencyGBP
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM2RQ
Mirae Asset Asia Great Consumer Equity X USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.41
CurrencyUSD
Price updated16/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7VK
Data provided by

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