Mirae stands for “the future” in Korean. The Mirae Asset Global Investments Group was founded in 1997 on a set of principles that form the pillars of our business. These core values have remained constant and steadfast, even despite unprecedented levels of market change and turbulence that characterize today’s markets.

We have pioneered change and innovation, introduced fresh new insights and delivered consistent investment success to our clients. Although we are globally-minded, we have maintained a firm focus and belief in the potential of the emerging markets. We have become a fund house of global reach and will continue to expand into attractive markets around the world.

We will maintain an enduring commitment to our core values and pledge to manage our clients’ assets in accordance with these principles. We believe that by building on principles, we will continue to bring success to our clients.

We achieve our success by building on principles. Since our establishment, we have maintained an unwavering commitment and adherence to four core values that act as the pillars of our business:

The Principle of Client First
Our clients’ success is our success. We will nurture long-term relationships by helping our clients build wealth for life with proven investment strategies.

The Principle of Objectivity
We assess opportunity impartially. Our independence helps ensure our decisions are aligned with the needs of our clients.

The Principle of Teamwork
We grow through respect for each individual and belief in team spirit. We aim to create an ethical meritocracy in which talent is rewarded and opportunity is equally available to all.

The Principle of Citizenship
Profoundly aware of our responsibilities as a good corporate citizen, we give back to the communities that nurture us and pledge to continue to support a range of community initiatives.

1. Mirae Asset identifies the sustainable competitiveness of companies.
2. Mirae Asset invests with a long term perspective.
3. Mirae Asset assesses investment risks with expected return.
4. Mirae Asset values a team-based approach in decision-making.

Mirae Asset firmly adheres to these core investment principles.

Ever since our inception, we have been constant in our steadfast advocacy and commitment to the world’s emerging markets. We strongly believe that the world’s developing countries will become the main drivers of global economic growth in the future.

Therefore, our products and investment solutions have a strong focus on the world’s fastest-growing emerging markets. Our assets are invested across Asia Pacific, Latin America, CEE (Central and Eastern Europe) and the MEA (Middle East and Africa). China, Hong Kong, Korea, India, Brazil and Russia are the countries which we invest most heavily in.

We also invest to a lesser extent in the developed markets such as the United States, Western Europe and Japan. However, even in these markets, our focus is on sectors and companies whose future growth is strongly linked to the emerging markets.

It has always been our aim to become the world’s foremost experts in the emerging markets. As the one of the largest investors in emerging market equities^[1], and with one of the largest team of professionals involved in emerging market equities^[2] , we believe we are reaching our goal.

We manage USD 52.8 billion in assets. Around 35.8% of our assets are invested in emerging market equities. The remaining 64.2% are invested in other types including fixed income, money market funds and alternative investments such as real estate and private equity.^[3]

There are 29 portfolio managers and analysts in Hong Kong covering the main sectors and countries of the Asia Pacific region^[4]. Our investment professionals work closely with counterparts in other Mirae Asset investment and research centers around the world. For example, we have a Global Emerging Market Research Team, comprising senior researchers and analysts working in 5 global locations. The members carry out company visits and on-the-ground research to provide our portfolio managers with high conviction stock ideas.

We offer a diverse range of investment products for institutional, retail, and private investors.

Mirae Asset Global Investments (HK) Limited is part of a larger group of asset management companies called the Mirae Asset Global Investments Group. There are currently 7 companies in the group, based in the following locations around the world: Korea, Hong Kong, Brazil, Taiwan, India, United Kingdom, Canada and the United States. Representative offices have also been established as dedicated research centres in China and Vietnam.

The group plans to expand this global network by opening new offices in other strategic locations in the near future.

Please contact your local financial advisor for more information regarding the Mirae Asset Global Discovery Fund. If you are an institutional/private investor or a retail distributor, you can submit your inquiry online through our Contact Us form or email us directly at sales@miraeasset.com.hk.

A mutual fund is an investment scheme that pools the money from investors. This money is then invested in stocks, bonds and other types of asset classes. The investing is carried out by a dedicated investment professional called the fund manager.

Investors in mutual funds own shares in the fund, which represent a portion of the fund’s underlying assets. Open-ended mutual funds allow new shares to be created in the fund and existing shares to be cancelled (or redeemed).

The main benefits of investing in mutual funds include the following:

Diversification:
A mutual fund spreads its pooled assets across a diverse range of investments. This reduces risk, as losses that stem from one particular investment that performed badly can be minimized by gains in others that performed well. Most individuals lack the resources to effectively diversify their investments in this way. Therefore, they are exposed to risks that mutual funds can mitigate.

Professional Management:
The assets of a mutual fund are invested by dedicated investment professionals called fund managers. Non-professionals often lack the time and expertise to invest their money effectively. By investing in a mutual fund, individual investors are effectively hiring trained professionals to manage their money and to monitor the performance of their investments on a daily basis.

Efficiency:
Buying and selling stocks can be an expensive and time consuming process. As well as this, hiring the services of a professional money manager is beyond the reach of many individual investors. However, by pooling assets, a mutual fund has greater buying power and is thus able to save on transaction costs.

Liquidity:
One strong benefit of mutual funds is that they are very liquid investments. Investors can convert their investments into cash very quickly by redeeming their shares. You can buy and sell shares in most mutual funds at any time and prices are quoted on business days. Increasing or decreasing your holding in mutual funds can be done with very little fuss.

There are different levels of risk according to the type of mutual fund that you invest in. For example, there are certain risks with investing in a specific country, sector or stock.

However, it is important to know that mutual funds are long-term investments that generally offer higher rates of return the longer the investor holds them. Before purchasing shares of a mutual fund, it is important that the investor understands the level of risk that they are capable of managing and be sure that the fund meets those needs and expectations.

SICAV is an acronym for Société d'Investissement À Capital Variable. These are open-ended collective investment schemes, popular in Western European countries such as France, Luxembourg, Italy, Switzerland and Belgium. As SICAV funds are open-ended, they allow its investors (or shareholders) to redeem their shares at any time under normal circumstances. Also, the funds are organized like any other legal entity or company, meaning that each has a board of directors to oversee the fund, shareholders have voting rights and general meetings are held every year.

The SICAV fund offered by Mirae Asset Global Investments (HK) Limited is called the Mirae Asset Global Discovery Fund. This fund was incorporated in Luxembourg in 2008 and focuses its investments in emerging market equities. Organized under an “umbrella” structure, it is comprised of a growing number of different sub-funds. Investors are able to choose between one or more of the different sub-funds that comprise this fund.

The sub-funds in the Mirae Asset Global Discovery Fund range comprise of equity funds that invest in the emerging markets such as China, India and Korea. We also offer sub-funds that invest in regional industries and sectors. A complete list can be found here.

Customers in Hong Kong can obtain a copy of the prospectus by visiting a branch of one of our distributors. Alternatively, a copy can be obtained directly from here.

You can contact one of our distributors for information on how to invest in our products. If you are an institutional/private investor or a retail distributor, you can submit your inquiry online through our Contact Us form or email us directly at sales@miraeasset.com.hk.

Investors can find the latest NAV of our funds here. The figures will be updated at 9:30am Hong Kong time (GMT +8) on all business days. Please note that our funds are domiciled in Luxembourg and there is a one-day delay from the close of business in Luxembourg to the time when the figures are published on the web site. NAV figures will not be available on Luxembourg legal and bank holidays.

Shareholders of our funds can receive Fund Factsheets from our distributors every month, which can also be downloaded from here. These are monthly updates of the fund’s performance and holdings, along with comments from the portfolio manager regarding the fund’s performance.

Shareholders can also receive audited reports on an annual basis. These reports include detailed information on the financial accounts of the fund, a detailed description of the fund’s holdings and how the fund was managed. Semi-annual reports are also available which contain similar information but are not audited. The financial year of the Mirae Asset Global Discovery Fund ends on 31st March of every year.

The annual general meeting for shareholders takes place in Luxembourg each year in July. Notices regarding these meetings as well as other important news regarding the fund will be sent to shareholders.

All of the publications mentioned above can be downloaded from here. As well as this, Weekly Investment Overviews written by our investment team can also be obtained from this web site.

While some funds distribute income to investors in the form of dividends, the funds in the Mirae Asset Global Discovery Fund range reinvest all dividends back into the fund.

We have partnered with some highly renowned and prestigious retail distributors in Hong Kong including IFAs, insurance companies, and banks.

Please contact your local financial advisor for more information regarding the Mirae Asset Global Discovery Fund. If you are an institutional/private investor or a retail distributor, you can submit your inquiry online through our Contact Us form or email us directly at sales@miraeasset.com.hk.