Fact sheet: Mirae Asset GEM Grt CsmEq

Fund information
Fund name
Mirae Asset GEM Great Consumer Equity A
Fund manager company
Mirae Asset Global Investments
Fund type
Offshore Fund
Fund managers
  • Jose Moralessince 15/03/2012
  • Joohee Ansince 15/03/2012
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 emerging markets companies which are expected to benefit from growing consumption activities of emerging markets.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-7%
1 Year rank in sector
243/258
Sector
FO Equity - Emerging Markets
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
3.05%
Fund size
£10m (£6m 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.
132
Top in this sector
Fund name1 Year
Charlemagne Magna New Frontrs43.3%
GAM Star Nth of Sth EM Eq36.7%
HSBC GIFEconScaleIxGEMEq33.6%
Templeton BRIC29.9%
Jul Baer Mltistck Emerg Eq29.4%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • China32.3%
    India11.6%
    Brazil7.1%
    Korea6.3%
    Russia5.6%
  • Consumer Staples19.3%
    Information Technology18%
    Consumer Discretionary17.9%
    Financials14.9%
    Health Care14.9%
  • Chinese Equities32.3%
    Indian Equities11.6%
    Brazilian Equities7.1%
    South Korean Equities6.3%
    Russian Equities5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.8%-9%-0.3%-7%-14.9%-
Sector-4.5%-3%6.8%5.3%-8.9%0.2%
Rank within sector224 / 263248 / 266225 / 263243 / 258166 / 209-
Quartile4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-4.4%-12.1%2.6%3.3%-
Sector8.9%-14.3%-1.4%-0.7%14.2%
Rank within sector245 / 258120 / 24181 / 21544 / 189-
Quartile4th2nd2nd1st
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.
-1.49
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.
1.02
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.
-0.01
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%.
14.75
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.
4.59
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.
-0.37
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.
0.9
Price movement
52 week high10.71
52 week low8.61
Current bid price-
Current offer price-
Current mid price9.45
Region
1China32.3%
2India11.6%
3Brazil7.1%
4Korea6.3%
5Russia5.6%
6South Africa5.2%
7Indonesia4.9%
8Hong Kong4.6%
9Thailand4.6%
Industry sector
1Consumer Staples19.3%
2Information Technology18%
3Consumer Discretionary17.9%
4Financials14.9%
5Health Care14.9%
6Industrials7.2%
7Real Estate3.3%
8Materials2.7%
9Money Market1.6%
Asset type
1Chinese Equities32.3%
2Indian Equities11.6%
3Brazilian Equities7.1%
4South Korean Equities6.3%
5Russian Equities5.6%
6South African Equities5.2%
7Indonesian Equities4.9%
8Hong Kong Equities4.6%
9Thai Equities4.6%
Individual holdings
1TENCENT HLDGS LTD7.1%
2ALIBABA GROUP HLDG LTD5.9%
3CTRIP COM INTERNATIONAL3.9%
4PING AN INSURANCE(GR)CO OF CHINA3.4%
5AIA GROUP LTD3.2%
6AMOREPACIFIC CORP3.2%
7BRITANNIA INDUSTRIES2.9%
8BRITANNIA INDUSTRIES2.9%
9KALBE FARMA2.9%
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 emerging markets companies which are expected to benefit from growing consumption activities of emerging markets.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Jose Morales15/03/2012José Gerardo Morales is a Chief Investment Officer U.S. and Eastern Europe, Middle East and Africa (EMEA) for Mirae Asset Global Investments (USA). Previously, he was the Head of Emerging Markets/Deputy CIO at Mirae Asset Global Investment Management (UK) from 2007 to 2010. Mr. Morales was the Head of Emerging European Equities at Pictet Asset Management ("Pictet") from 2006 to 2007. Prior to Pictet, he was the Head of EMEA Emerging Markets at West LB Mellon Asset Management (London) from 2002 to 2006. Mr. Morales holds an M.B.A. from Georgetown University, a Bachelor of Finance degree from George Mason University and he is a Chartered Financial Analyst. Mr. Morales is based in New York and is fluent in Spanish.
Joohee An15/03/2012Joohee 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, 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, Sweden
Mirae Asset GEM Great Consumer Equity A
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.05%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price9.45
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0Z7M
Mirae Asset GEM Great Consumer Equity I
Initial charge1%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.54%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price9.46
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0Z7N
Mirae Asset GEM Great Consumer Equity K
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.86
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0Z7O
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