Mirae Asset Asia Fund Class A

 (MUTF:MALAX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.16%  
1 week   +1.64%
   
4 week   +3.86%
   
3 month   +6.73%
   
YTD   +9.66%
   
1 year   +19.53%
   
3 years*   +5.01%
   
5 years*   -  
*annualized
Best 3 month return+13.76%  
Worst 3 month return-27.50%  

Morningstar statistics

Morningstar category: Pacific/Asia ex-Japan Stk
  Return Risk Rating
3 years Average Above Average
5 years     -     - -
10 years     -     - -
Overall Average Above Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets13.61M 
Front load5.75%  
Deferred load-  
Expense ratio1.70%  
Management fee-  
Fund familyMirae Asset Global Investments (USA) LLC 

Asset allocation

Cash1.40%  
Stocks98.59%  
Bonds0.00%  
Other0.00%  

Purchase information

Initial$2,000  
Additional$100  
IRA Initial$500  
AIP Initial$500  
AIP Additional$50  
12.47+0.05(0.40%)
Jul 28, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to achieve long-term capital growth. Under normal circumstances, Asia Fund seeks to achieve its investment objective by investing at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities (i) of issuers in Asia, excluding Japan or (ii) that are tied economically to Asia, excluding Japan, provided that, in either case, the issuers of any such securities are deemed by the Investment Manager to be Sector Leaders. Equity securities consist of common stock and related securities, such as preferred stock and depositary receipts.
Fund filings (PDF) »
Asset manager:
Rahul Chadha (Started: Sep 24, 2010)
Advisor Company:
Mirae Asset Global Investments (USA) LLC
Fund family reports on Morningstar »
Mirae Asset Global Investments (USA) LLC, 1350 Avenue of Americas, 33rd Floor, New York, New York 10036, USA
(212)2058390 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.52 -0.78     -     -
Beta* 0.98 1.10     -     -
Mean annual return 1.71 0.57     -     -
R-squared* 84.26 83.62     -     -
Standard deviation 11.37 19.95     -     -
Sharpe ratio 1.80 0.34     -     -
* Against standard index

Top 10 holdings

Security Net Assets  
Cognizant Technology Solutions Corp Class A (CTSH) 4.81%  
Galaxy Entertainment Group Ltd (GXYEF) 4.45%  
Melco Crown Entertainment Ltd ADR (MPEL) 3.41%  
Hutchison Whampoa Ltd (HUWHF) 3.39%  
AIA Group Ltd (AAIGF) 3.33%  
HDFC Bank Ltd (HDFCBANK) 3.27%  
Ping An Insurance Group H Shares (PIAIF) 3.18%  
Taiwan Semiconductor Manufacturing Co Ltd (TSMWF) 2.84%  
NHN Corp (NHNCF) 2.78%  
Orion Corp (Korea) (001800) 2.66%