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  5. Mirae Asset Asia Sector Leader Equity Fund - Managed fund profile

Mirae Asset Asia Sector Leader Equity Fund - Managed Fund

Fund Objective
The primary objective of the Mirae Asset Asia Sector Leader Equity Fund is to achieve long term growth through capital appreciation, measured in Australian Dollars, through the Underlying Fund.
Fund Strategy
The Fund seeks to meet its investment objective by investing approximately 90-100% of assets in the Mirae Asset Asia Sector Leader Equity Fund, a sub-fund of the Luxembourg-domiciled SICAV Mirae Asset Global Discovery Fund.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.25% 4.01% -3.92% -2.54% -3.56% -2.14% 6.72% -%
Growth return 0.25% 4.01% -3.92% -2.54% -3.56% -2.14% 6.72% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (MSCI AC Asia Ex Japan NR AUD)
Total return 1.05% 5.14% 10.56% 23.7% 19.09% 3.22% 5.68% 7.81%
As at 31 Jan 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
International Equities
97.03%
Cash
0.70%
Property
0.11%
Fixed Interest
2.17%

General Information

Fund Details
Type Description
Mirae Asset Asia Sector Leader Equity Fund
Equity Trustees Ltd
ETL7498AU
Equity Asia Pacific w/o Japan
starstarstarstarstar (as at 31 Jan 2024)
Investment Fund
18 Dec 2017
$0 million (as at 22 Feb 2024)
$1.2676 (as at 22 Feb 2024)
$1.2676 (as at 22 Feb 2024)
Finalised
Offer information
Type Description
MER 1.04% (as at 28 Apr 2023)
Indirect Cost Ratio (ICR) 1.21% (as at 30 Jun 2020)
Performance fee (not included in ICR) 0
Minimum initial investment $25,000
Minimum additional investments $10,000.00

Top 10 holdings (as at 30 Sep 2024)

Holding (as at 30 Sep 2024) Type % of Portfolio
Taiwan Semiconductor Manufacturing Co Ltd Equity 9.27%
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FAQs about the Mirae Asset Asia Sector Leader Equity Fund

The objective of the Mirae Asset Asia Sector Leader Equity Fund managed fund is The primary objective of the Mirae Asset Asia Sector Leader Equity Fund is to achieve long term growth through capital appreciation, measured in Australian Dollars, through the Underlying Fund.

The strategy of the Mirae Asset Asia Sector Leader Equity Fund managed fund is The Fund seeks to meet its investment objective by investing approximately 90-100% of assets in the Mirae Asset Asia Sector Leader Equity Fund, a sub-fund of the Luxembourg-domiciled SICAV Mirae Asset Global Discovery Fund.

The APIR code of the Mirae Asset Asia Sector Leader Equity Fund managed fund is ETL7498AU.

Mirae Asset Asia Sector Leader Equity Fund’s total return last month was 0.25%. This was made up of a growth return of 0.25% and an income return of 0%. These returns were calculated as at 31 Jan 2024.

Mirae Asset Asia Sector Leader Equity Fund’s total return for the last three months was 4.01%. This was made up of a growth return of 4.01% and an income return of 0%%. These returns were calculated as at 31 Jan 2024.

Mirae Asset Asia Sector Leader Equity Fund’s one-year total return is -2.54%. This was made up of a growth return of -2.54% and an income return of 0%. These returns were calculated as at 31 Jan 2024.

Mirae Asset Asia Sector Leader Equity Fund’s one-year total return is -2.14%. This was made up of a growth return of -2.14% and an income return of 0%. These returns were calculated as at 31 Jan 2024.

The asset allocation of the Mirae Asset Asia Sector Leader Equity Fund managed fund is :

International Equities
100%
Cash
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the Mirae Asset Asia Sector Leader Equity Fund managed fund is Equity Trustees Ltd.

The Mirae Asset Asia Sector Leader Equity Fund managed fund belongs to the Equity Asia Pacific w/o Japan sector/asset class.

As at 22 Feb 2024, the size of the Mirae Asset Asia Sector Leader Equity Fund managed fund was $0 million.

The Mirae Asset Asia Sector Leader Equity Fund managed fund has an inception date of 18 Dec 2017.

The current entry price of the Mirae Asset Asia Sector Leader Equity Fund managed fund is $1.2676 per unit and the current exit price is $1.2676 per unit (as at 22 Feb 2024).

The current exit price of the Mirae Asset Asia Sector Leader Equity Fund managed fund is $1.2676 per unit and the current entry price is $1.2676 per unit (as at 22 Feb 2024).

The minimum initial investment amount for the Mirae Asset Asia Sector Leader Equity Fund managed fund is $25,000. Minimum additional investment is $10000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.