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MGCEX Mirae Asset Asia Great Consumer A

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Fund MGCEX Mirae Asset Asia Great Consumer A
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Similarity
?
100%
Annual Fees
?
$158.39
(1.50% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 5.60% annual return
$32,544.22
Est. savings over 30 yrs
Return
As of 11/30/16
1 YR RETURN -6.44%
3 YR 1.86%
5 YR 6.94%
10 YR --
Description
The investment seeks to achieve long-term capital growth. The fund 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 Asia, excluding Japan, or (ii) that are tied economically to Asia, excluding Japan, provided that, in either case, the issuers of any such securities are expected to be beneficiaries of the increasing consumption and growing purchasing power of individuals in the world's emerging markets. Equity securities consist of common stock and related securities, such as preferred stock and depositary receipts.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

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