Mirae Asset Discovery Fds Emerging Markets Great Consumer Fd Cl I (MICGX)
Mirae Asset Discovery Fds Emerging Markets Great Consumer Fd Cl I operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY. The stock last traded at $11.56, down 0.52% on the session, giving a market capitalisation of $430.6M. Its beta of 0.81 implies it has historically moved less than the broad market.
This fund's primary objective is to achieve substantial long-term growth for its investors. To accomplish this, it typically allocates at least 80% of its total assets (including any funds acquired through borrowing for investment purposes) to equity holdings. These holdings consist of companies either domiciled in emerging market countries or those that are economically linked to such regions. A key criterion for selection is that these businesses are expected to benefit from the expanding consumption and growing financial capacity of consumers in the world's developing economies.
Mirae Asset Discovery Fds Emerging Markets Great Consumer Fd Cl I is most often compared with the following Financial Services names: