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(s)
Rahul Chadha
since 01/05/2014
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 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

47.98 %

1 Year rank in sector

20/180

Sector

FO Equity - Asia Pacific ex Japan

Yield
-
Fund size

£ 510.8 m

FE Risk score

145

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    38.2%
  • India
    21.9%
  • Korea
    19.5%
  • Hong Kong
    10.9%
  • Taiwan
    2.8%
  • Financials
    28.2%
  • Consumer Discretionary
    25.5%
  • Information Technology
    25%
  • Health Care
    8.5%
  • Materials
    3.4%
  • Chinese Equities
    38.2%
  • Indian Equities
    21.9%
  • South Korean Equities
    19.5%
  • Hong Kong Equities
    10.9%
  • Taiwanese Equities
    2.8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund6.95 %19.87 %47.98 %39.1 %0 %
Sector5.62 %12.66 %31.4 %33.97 %43.2 %
Rank within sector64 / 18418 / 18320 / 18071 / 160 /
Quartile th2 nd1 st1 st2 nd th

Calendar performance

YTD-20182017201620152014
Fund4.9 %48.11 %-4.76 %-4.3 %9.82 %
Sector3.84 %31.56 %6.44 %-6.76 %5.52 %
Rank within sector61 / 18418 / 180157 / 16570 / 15945 / 152
Quartile th2 nd1 st4 th2 nd2 nd

Risk statistics

Alpha0.76
Beta1.06
Sharpe0.48
Volatility14.67
Tracking error5.37
Information ratio0.21
R-Squared0.86

Price movement

52 week high16.5
52 week low11.09
Current bid price0
Current offer price0
Current mid price16.47

Holdings by region

  • 38.2% China
  • 21.9% India
  • 19.5% Korea
  • 10.9% Hong Kong
  • 2.8% Taiwan
  • 2.4% Singapore
  • 1.6% Indonesia
  • 1.6% Money Market
  • 0.8% Malaysia
  • 0.3% Vietnam

Holdings by sector

  • 28.2% Financials
  • 25.5% Consumer Discretionary
  • 25% Information Technology
  • 8.5% Health Care
  • 3.4% Materials
  • 2.5% Energy
  • 1.7% Consumer Staples
  • 1.6% Money Market
  • 1.5% Real Estate
  • 1.4% Telecommunications Utilities

Holdings by asset type

  • 38.2% Chinese Equities
  • 21.9% Indian Equities
  • 19.5% South Korean Equities
  • 10.9% Hong Kong Equities
  • 2.8% Taiwanese Equities
  • 2.4% Singapore Equities
  • 1.6% Indonesian Equities
  • 1.6% Money Market
  • 0.8% Malaysian Equities
  • 0.3% Asia Pacific Emerging Equities

Individual holdings

  • 6.7% PING AN INSURANCE(GR)CO OF CHINA
  • 6.1% ALIBABA GROUP HLDG LTD
  • 5.2% SAMSUNG ELECTRONICS CO
  • 3.9% AIA GROUP LTD
  • 3.3% TENCENT HLDGS LTD
  • 2.5% CHINA CONSTRUCTION BANK
  • 2.5% HDFC BANK LTD
  • 2.5% HDFC BANK LTD
  • 2.5% RELIANCE INDUSTRIES
  • 2.5% RELIANCE INDUSTRIES