Mirae Asset Emerging Markets Fund Class A

 (MUTF:MALGX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-1.08%  
1 week   +0.68%
   
4 week   +1.54%
   
3 month   +7.50%
   
YTD   +28.65%
   
1 year   +25.00%
   
3 years*   +4.93%
   
5 years*   +6.69%
   
*annualized
Best 3 month return+13.51%  
Worst 3 month return-27.74%  

Morningstar statistics

Morningstar category: Diversified Emerging Mkts
  Return Risk Rating
3 years High Average
5 years Above Average Average
10 years     -     - -
Overall Above Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets26.57M 
Front load5.75%  
Deferred load-  
Expense ratio1.50%  
Management fee-  
Fund familyMirae Asset Global Investments 

Asset allocation

Cash1.80%  
Stocks96.17%  
Bonds0.00%  
Other2.02%  

Purchase information

Initial$2,000  
Additional$100  
IRA Initial$500  
AIP Initial$500  
AIP Additional$50  
12.00+0.10(0.84%)
Aug 17, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks long-term capital growth. Under normal circumstances, the 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 emerging markets or (ii) that are tied economically to emerging markets, 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 managers:
Rahul Chadha (Started: Sep 24, 2010)
William Dorson (Started: Dec 6, 2016)
Advisor Company:
Mirae Asset Global Investments (USA) LLC
Fund family reports on Morningstar »
Mirae Asset Global Investments, 1350 Avenue of Americas, 33rd Floor, New York, NY 10036, USA
(212)2058390 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 5.34 3.34 -0.24     -
Beta* 1.24 1.04 1.01     -
Mean annual return 2.26 0.55 0.66     -
R-squared* 57.44 77.21 75.36     -
Standard deviation 10.77 14.97 13.59     -
Sharpe ratio 2.47 0.42 0.57     -
* Against standard index

Top 10 holdings

Security Net Assets  
Alibaba Group Holding Ltd ADR (BABA) 5.11%  
Samsung Electronics Co Ltd (SSNLF) 4.43%  
Ping An Insurance (Group) Co. of China Ltd H (PIAIF) 3.59%  
Tencent Holdings Ltd (TCTZF) 3.50%  
AIA Group Ltd (AAIGF) 3.24%  
Naspers Ltd Class N (NAPRF) 2.47%  
Galaxy Entertainment Group Ltd (GXYEF) 2.20%  
Reliance Industries Ltd (RELIANCE) 2.10%  
Shinhan Financial Group Co Ltd (055550) 2.07%  
Firstrand Ltd (FSR) 1.93%