Fact sheet: Mirae Asset ChnSecLedrEq

Fund information

Fund name
Mirae Asset China Sector Leader Equity A Non Distributing USD
Fund company manager
Mirae Asset Global Investments
Fund type
SIB
Fund manager
Byung Ha Kim
since 22/07/2008
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 China and Hong Kong.
Benchmark
MSCI China
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

32.13 %

1 Year rank in sector

4/38

Sector

FO Equity - Greater China

Yield
-
Fund size

£ 29.4 m

FE Risk score

157

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    91.6%
  • Money Market
    8.4%
  • Information Technology
    37%
  • Consumer Discretionary
    19%
  • Financials
    18.7%
  • Money Market
    8.4%
  • Health Care
    5.3%
  • Chinese Equities
    91.6%
  • Money Market
    8.4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund7.53 %27.73 %32.13 %29.49 %55.97 %
Sector5.23 %19.63 %27.02 %31.19 %66.14 %
Rank within sector2 / 383 / 384 / 3826 / 3529 / 33
Quartile th1 st1 st1 st3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund48.02 %-9.24 %-4.85 %1.07 %8.84 %
Sector36.5 %0.69 %-4.99 %4.61 %10.66 %
Rank within sector3 / 3836 / 3823 / 3627 / 3520 / 33
Quartile th1 st4 th3 rd4 th3 rd

Risk statistics

Alpha-2.32
Beta1.23
Sharpe0.16
Volatility23.02
Tracking error6.75
Information ratio-0.17
R-Squared0.94

Price movement

52 week high16.87
52 week low11.22
Current bid price0
Current offer price0
Current mid price16.86

Holdings by region

  • 91.6% China
  • 8.4% Money Market

Holdings by sector

  • 37% Information Technology
  • 19% Consumer Discretionary
  • 18.7% Financials
  • 8.4% Money Market
  • 5.3% Health Care
  • 5.2% Consumer Staples
  • 4% Industrials
  • 2% Utilities
  • 0.4% Materials

Holdings by asset type

  • 91.6% Chinese Equities
  • 8.4% Money Market

Individual holdings

  • 10.2% TENCENT HLDGS LTD
  • 9.2% ALIBABA GROUP HLDG LTD
  • 7.4% PING AN INSURANCE(GR)CO OF CHINA
  • 6.4% CTRIP.COM INTERNATIONAL
  • 4.5% CHINA MERCHANTS BANK CO LTD
  • 4.5% NETEASE INC
  • 4.3% BRILLIANCE CHINA FINANCE
  • 3.9% KWEICHOW MOUTAI
  • 3.7% XINYI SOLAR HLDGS LTD
  • 3.3% WEIBO CORP