Fund Details
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INVESTMENT OBJECTIVE
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Fund information
Fund name | {{ fundfi[fundCode].fi_fundname }} | |
Sub-Fund name | Mirae Asset {{ fundNameCap }} | |
Management company | {{ fundfi[fundCode].fi_mgmtcompany }} | |
Investment manager(s) | {{ fundfi[fundCode].fi_investmentmanagers }} | |
Profile of the typical investor | Typical investors would seek long-term income and capital growth measured in US Dollars from an actively managed portfolio of debt and debt-related securities. | Typical investors would seek long-term capital growth measured in US Dollars from an actively managed portfolio of equities and equity-related securities. |
Investment restrictions | Please refer to the Prospectus for investment restrictions pertaining to this Sub-Fund. | |
Risk considerations |
Please refer to the "Risk Factors" section of the prospectus for a more detailed description of the risks pertaining to the Fund.
Market risk The Fund invests in debt securities or debt-related securities, and these can rise or fall due to factors such as the fluctuation of global bond markets and interest rates. with concentrating investment in such sector. More specially, investment in specific sector of the economy may lead to adverse consequences when such sector becomes less valued. Emerging markets risk Investing in emerging markets carries a higher risk (e.g. larger price fluctuations) than a developed market. Some of the investments may be subject to low liquidity, making them hard to buy or sell at short notice. Credit risk Issuers of bonds or other debt securities may default on their obligations to pay back the principal or interest payments. Changes in economic and political environments and the financial condition of issuers may lead to a credit ratings downgrade, affecting the value of investments held by the Fund. Foreign exchange risk The Sub-Fund may hold securities denominated in a currency other than the base currency. Changes in foreign currency exchange rates will affect the value of securities held in the Sub-Fund or value of shares held by the shareholders respectively. A depreciation of the denomination currency will lead to depreciation in the exchange value of the securities. Shareholders investing in the Sub-Fund other than in its base currency should be aware that exchange rate fluctuations could cause the value of their investment to diminish. Operational risk The inability to make timely security purchases or disposals due to administrative/settlement problems may result in missed potential gains or undesirable losses to the Fund. Regional risk The Fund invests mainly in countries of the Asia ex-Japan region and tends to be more volatile than global funds. Foreign investment risk Some countries in the Asia ex-Japan region may prohibit or impose restrictions on investments by foreign investors and such restrictions may change from time to time. |
Investment involves risks. Please refer to the Hong Kong offering document for details including the risk factors.
Risk of investing in specific sector The Sub-Fund will concentrate its investment in companies which are expected to benefit from growing consumption activities and therefore will be subject to the risks associated with concentrating investment in such sector. More specially, investment in specific sector of the economy may lead to adverse consequences when such sector becomes less valued. Risk of investing in emerging markets The Sub-Fund invests in emerging markets such as Korea, Taiwan, India, Malaysia, Indonesia, Philippines, Thailand and China carrying higher risk than investment in a developed market (e.g. investment and repatriation restrictions, currency fluctuations, government involvement in the private sector, investor disclosure requirements, possibility of limited legal recourse). Investment in some emerging markets also carries a higher liquidity risk than investment in a developed market due to a relatively low market volume in emerging stock markets. Single region risk The Sub-Fund invests mainly in Asia ex Japan region, its investment is not as diversified as global funds. The Sub-Fund tends to be more volatile than global funds and its portfolio value can be exposed to country specific risks. Foreign exchange risk The Sub-Fund may hold securities denominated in a currency other than the base currency. Changes in foreign currency exchange rates will affect the value of securities held in the Sub-Fund or value of shares held by the shareholders respectively. A depreciation of the denomination currency will lead to depreciation in the exchange value of the securities. Shareholders investing in the Sub-Fund other than in its base currency should be aware that exchange rate fluctuations could cause the value of their investment to diminish. Risk of investing in equities and equity related securities The Sub-Fund invests mainly in equities and equity related securities and the value of the Sub-Fund may be affected by changes in the stock markets, changes in the value of individual portfolio securities, as well as by economic, political, and issuer specific changes. At times, stock markets and individual securities can be volatile and prices can change substantially in short periods of time. The equity securities of smaller companies are more sensitive to these changes than those of larger companies. This risk will affect the value of the Sub-Fund, which will fluctuate as the value of the underlying equity securities fluctuates. Risk of financial derivative instruments The use of financial derivatives instruments may expose the Sub-Fund to higher risks including market volatility risk, credit risk, counterparty risk and liquidity risk. In adverse situation, the use of financial derivatives instruments in effective portfolio management and hedging purposes may become ineffective and the Sub-Fund may suffer significant losses. Investment risk The Sub-Fund is an investment fund. The Sub-Fund’s investment portfolio may fall in value and therefore your investment in the Sub-Fund may suffer losses. |