Fact sheet: Mirae Asset GEM Sector Ldr Eq

Fund information
Fund name
Mirae Asset GEM Sector Leader Equity A USD
Fund manager company
Mirae Asset Global Investments
Fund type
Offshore Fund
Fund managers
  • Rahul Chadhasince 02/02/2012
  • Bert van der Waltsince 01/04/2016
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 sector leading companies domiciled in or exercising a large portion of their economic activity in the global emerging markets of the world.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
20.7%
1 Year rank in sector
135/253
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.
3.1%
Fund size
£10m (£12m 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.
133
Top in this sector
Fund name1 Year
Charlemagne Magna Nw Frt57.5%
RWC Gbl Emerging Mkts55%
GAM Star Nth of Sth EM Eq48.3%
Jul Baer Mltistck Emerg Eq44.8%
Lazard GbAct EmgMktEq44.6%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • China21.7%
    Korea16.7%
    India14.1%
    Brazil9%
    Hong Kong7%
  • Financials23.4%
    Information Technology21.8%
    Consumer Discretionary17.7%
    Consumer Staples7.9%
    Materials7.4%
  • Chinese Equities21.7%
    South Korean Equities16.7%
    Indian Equities14.1%
    Brazilian Equities9%
    Hong Kong Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.1%13.3%6.1%20.7%11%13%
Sector2.1%10.8%6.5%20.8%5.7%4.2%
Rank within sector127 / 26559 / 268149 / 265135 / 25379 / 21078 / 163
Quartile2nd1st3rd3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund12.8%3.6%-8%0.6%1.8%
Sector10.1%10.7%-14.3%-1.4%-0.7%
Rank within sector67 / 268203 / 25061 / 22889 / 20556 / 180
Quartile1st4th2nd2nd2nd
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.
0.61
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.
1.09
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%.
15.81
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.
5.38
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.
0.1
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.
0.88
Price movement
52 week high12.22
52 week low9.85
Current bid price-
Current offer price-
Current mid price12.15
Region
1China21.7%
2Korea16.7%
3India14.1%
4Brazil9%
5Hong Kong7%
6Russia5.9%
7South Africa5.5%
8Indonesia3.5%
9Mexico3.5%
Industry sector
1Financials23.4%
2Information Technology21.8%
3Consumer Discretionary17.7%
4Consumer Staples7.9%
5Materials7.4%
6Health Care7.1%
7Energy4.9%
8Industrials3.9%
9Real Estate1.8%
Asset type
1Chinese Equities21.7%
2South Korean Equities16.7%
3Indian Equities14.1%
4Brazilian Equities9%
5Hong Kong Equities7%
6Russian Equities5.9%
7South African Equities5.5%
8Indonesian Equities3.5%
9Mexican Equities3.5%
Individual holdings
1SAMSUNG ELECTRONICS CO4.8%
2TENCENT HLDGS LTD4.4%
3ALIBABA GROUP HLDG LTD3.6%
4PING AN INSURANCE(GR)CO OF CHINA3.4%
5GALAXY ENTERTAINMENT GROUP3.1%
6NASPERS2.7%
7AIA GROUP LTD2.6%
8TATA MOTORS LTD2.4%
9TATA MOTORS LTD2.4%
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 sector leading companies domiciled in or exercising a large portion of their economic activity in the global emerging markets of the world.
Benchmark
  • MSCI Emerging Markets
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Rahul Chadha02/02/2012As Co-Chief Investment Officer at Mirae Asset Global Investments (HK) Limited, Rahul helps oversee the firm’s Investment Unit. He is a member of the Investment Committee and plays a key role in the development of internal investment policies, processes and key investment decisions for the firm. Furthermore, Rahul manages a number of the firm’s Asia Pacific equity and India equity portfolios, and frequently interacts with portfolio companies and investors to communicate Mirae Asset’s investment philosophy and views on Asian markets. Rahul joined Mirae Asset as a Research Analyst in April 2006. Subsequently, he was promoted to Portfolio Manager to manage the firm’s India equity funds. In 2010 he began managing Asia Pacific products for Mirae Asset’s US & Luxembourg domiciled funds. Rahul began his career in financial services in 1999 as an Analyst with Dundee Mutual Funds covering India equities. He joined Aviva Life Insurance as a Senior Equity Analyst in 2003. During his time with Aviva, the unit-linked portfolios consistently outperformed the benchmark and peers. He later worked for Standard Chartered Mutual Funds as a Senior Equity Analyst before joining Mirae Asset. Rahul holds a degree in Master of Finance and Control, a postgraduate program with specialization in Finance and a Bachelor of Business Studies, an undergraduate management program with Marketing specialization, both from the University of Delhi. He speaks English and Hindi.
Bert van der Walt01/04/2016
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, 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 GEM Sector Leader Equity A EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.59
CurrencyEUR
Price updated08/01/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIIU8
Mirae Asset GEM Sector Leader Equity A USD
Initial charge5.25%
Annual charge2%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.1%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price12.15
CurrencyUSD
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIIU9
Mirae Asset GEM Sector Leader Equity I EUR
Initial charge1%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.29%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.49
CurrencyEUR
Price updated16/02/2012
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIIV0
Mirae Asset GEM Sector Leader Equity I GBP
Initial charge1%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7.04
CurrencyGBP
Price updated16/02/2012
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIIV1
Mirae Asset GEM Sector Leader Equity K USD
Initial charge-
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.33
CurrencyUSD
Price updated29/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05ZX
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