Mirae Asset Brazil Sector Leader C

 (MUTF:MCLBX)   Watch this mutual fund  
Find more results for Young C. Kim

Performance

Trailing returns

1 day   +0.00%  
1 week
   
-0.05%  
4 week
   
-0.72%  
3 month   +9.35%
   
YTD   +1.59%
   
1 year
   
-1.12%  
3 years*   -  
5 years*   -  
*annualized
Best 3 month return+20.95%  
Worst 3 month return-32.91%  

Morningstar statistics

Morningstar category: Latin America Stock
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets7.37M 
Front load-  
Deferred load1.00%  
Expense ratio2.50%  
Management fee-  
Fund familyMirae Asset Global Investments (USA) LLC 

Asset allocation

Cash2.51%  
Stocks97.49%  
Bonds0.00%  
Other0.00%  

Purchase information

Initial$2,000  
Additional$100  
IRA Initial$500  
AIP Initial$500  
AIP Additional$50  
7.230.00(0.00%)
Oct 19, 4:00PM EDT

Description

The investment seeks to achieve long-term capital growth. The fund normally invests 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 Brazil or (ii) that are tied economically to Brazil, provided that, in either case, the issuers of any such securities are deemed by the Investment Manager to be Sector Leaders. The Investment Manager defines "Sector Leaders" to be those issuers that are highly ranked, or those that the Investment Manager expects to be highly ranked in the future. It is non-diversified.
Fund filings (PDF) »
Asset manager:
Young Kim (Started: Sep 24, 2010)
Advisor Company:
Mirae Asset Global Investments (USA) LLC
Fund family reports on Morningstar »
East 18F Mirae Asset Center 1, 67 Suha-dong, Jung-gu
82-2-3774-1562 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* -7.58     -     -     -
Beta* 1.54     -     -     -
Mean annual return 1.27     -     -     -
R-squared* 73.38     -     -     -
Standard deviation 35.77     -     -     -
Sharpe ratio 0.42     -     -     -
* Against standard index

Top 10 holdings

Security Net Assets  
Vale SA ADR (VALE.P) 11.71%  
Petroleo Brasileiro SA Petrobras ADR (PBR) 7.88%  
Magazine Luiza SA (MGLU3) 6.24%  
BR Properties S.A. (BRPR3) 6.16%  
Diagnosticos da America SA (DASA3) 5.25%  
Metalurgica Gerdau SA Pfd Shs (GOAU4) 5.08%  
Bank Bradesco ADR (BBD) 4.57%  
Itau Unibanco Holding SA ADR (ITUB) 4.34%  
Bradespar S.A. Pfd Shs (BRAP4) 4.07%  
Even Construtora E Incorporadora S.A. (EVEN3) 4.05%