Fact sheet: Mirae Asset As Sec Leader Eq

Fund information

Fund name
Mirae Asset Asia Sector Leader Equity A USD
Fund company manager
Mirae Asset Global Investments
Fund type
SIB
Fund manager
Rahul Chadha
since 01/05/2014
Fund objective
The primary objective of Mirae Asset Asia Sector Leader Equity 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 countries of Asia (ex. Japan), including Korea, Taiwan, China, Hong Kong, Singapore, India, Malaysia, Indonesia, Thailand and Philippines but additional opportunities are also sought, whenever regulations permit, in any of the emerging market in Asia.
Benchmark
MSCI AC Asia ex Japan
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

25.02 %

1 Year rank in sector

50/180

Sector

FO Equity - Asia Pacific ex Japan

Yield
-
Fund size

£ 420.3 m

FE Risk score

128

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    36%
  • India
    22%
  • Korea
    19.7%
  • Hong Kong
    12%
  • Indonesia
    3.9%
  • Consumer Discretionary
    27%
  • Financials
    24.2%
  • Information Technology
    23%
  • Health Care
    7.4%
  • Consumer Staples
    5.8%
  • Chinese Equities
    36%
  • Indian Equities
    22%
  • South Korean Equities
    19.7%
  • Hong Kong Equities
    12%
  • Indonesian Equities
    3.9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund4.69 %22.7 %25.02 %18.9 %0 %
Sector3.04 %15.99 %19.96 %16.53 %52.1 %
Rank within sector51 / 18324 / 18150 / 18075 / 160 /
Quartile th2 nd1 st2 nd2 nd th

Calendar performance

YTD-20172016201520142013
Fund30.57 %-4.76 %-4.3 %9.82 %0 %
Sector21.56 %6.44 %-6.76 %5.52 %3.31 %
Rank within sector24 / 181161 / 16968 / 16246 / 154 /
Quartile th1 st4 th2 nd2 nd th

Risk statistics

Alpha0.06
Beta1.03
Sharpe0.11
Volatility14.51
Tracking error5.44
Information ratio0.01
R-Squared0.86

Price movement

52 week high13.85
52 week low10.43
Current bid price0
Current offer price0
Current mid price13.84

Holdings by region

  • 36% China
  • 22% India
  • 19.7% Korea
  • 12% Hong Kong
  • 3.9% Indonesia
  • 1.9% Singapore
  • 1.6% Taiwan
  • 1.5% Malaysia
  • 0.9% Philippines
  • 0.5% Money Market

Holdings by sector

  • 27% Consumer Discretionary
  • 24.2% Financials
  • 23% Information Technology
  • 7.4% Health Care
  • 5.8% Consumer Staples
  • 4.8% Materials
  • 4% Energy
  • 1.8% Telecommunications Utilities
  • 1.5% Utilities
  • 0.5% Money Market

Holdings by asset type

  • 36% Chinese Equities
  • 22% Indian Equities
  • 19.7% South Korean Equities
  • 12% Hong Kong Equities
  • 3.9% Indonesian Equities
  • 1.9% Singapore Equities
  • 1.6% Taiwanese Equities
  • 1.5% Malaysian Equities
  • 0.9% Philippine Equities
  • 0.5% Money Market

Individual holdings

  • 6.9% ALIBABA GROUP HLDG LTD
  • 5.7% SAMSUNG ELECTRONICS CO
  • 4.2% PING AN INSURANCE(GR)CO OF CHINA
  • 3.9% AIA GROUP LTD
  • 3.9% TENCENT HLDGS LTD
  • 2.6% HDFC BANK LTD
  • 2.6% HDFC BANK LTD
  • 2.5% JD.COM INC
  • 2.4% BRILLIANCE CHINA FINANCE
  • 2.4% STANDARD CHARTERED