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Mirae Asset Horizons S&P Global Consumer Brands ETF (Stock Code: 3056)
Key features of Mirae Asset Horizons S&P Global Consumer Brands ETF
- Growth: International consumer brands are set to benefit from increasingly prosperous emerging markets consumers. The world's most well-known brands including some prestigious luxury brands are scrambling to set up retail outlets in emerging markets like China. Luxury goods consumption in China is projected to grow 18% annually from 2010 to 2015.
- Diversification: The Fund invested in stocks globally including Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Korea, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, United Kingdom and United States.
- Earning Growth: Stocks must also meet earnings growth criteria – at each semi-annual rebalance stocks must have positive 1-year earnings growth over the last fiscal year. This screen aims to improve the financial quality of the index constituents.
- Liquidity: The Fund tracks the S&P Global Consumer Enterprises Index which is a selection of the 30 largest market capitalization stocks belonging to the Consumer Discretionary Sector.
- Equal Weighted: The stocks in the index are equal weighted which helps to avoid over concentrated portfolios.
Disclaimer:
- Certain information contained in this website is compiled from third party sources. Whilst Mirae Asset Global Investments (Hong Kong) Limited (“Mirae Asset HK”) has, to the best of its endeavor, ensured that such information is accurate, complete and up-to-date, and has taken care in accurately reproducing the information, it shall have no responsibility or liability whatsoever for the accuracy of such information or any use or reliance thereof. Mirae Asset HK accepts no liability for any loss or damage of any kind resulting out of the unauthorized use of this website. The information contained in this website is for information purposes only and does not constitute any recommendation, offer or solicitation to buy, sell or subscribe to any securities or financial instruments in any jurisdiction. Investment involves risk. It cannot be guaranteed that the performance of the Fund will generate a return and there may be circumstances where no return is generated or the amount invested is lost. Past performance is not indicative of future performance. Before making any investment decision to invest in the Fund, investors should read the Fund’s prospectus for details and the risk factors. Investors should ensure they fully understand the risks associated with the Fund and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investments. The Fund’s prospectus is available on the website www.miraeasset.com.hk.
- References to particular sectors, securities or companies are for general information and illustrative purposes only and are not recommendations to buy or sell a security, or an indication of the issuer’s holdings at any one time.
- Investors should note that the Fund differs from a typical retail fund as units of the Fund may only be created and realized by participating dealers in large unit sizes. This website is issued by Mirae Asset HK and has not been reviewed by the Securities and Futures Commission of Hong Kong.
- S&P® is the trademark of Standard & Poor’s and has been licensed for use by Mirae Asset HK. The Fund is not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's does not make any representation regarding the advisability of investing in the Fund. Standard & Poor's does not make any representation or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of investing in securities generally or in the Fund particularly or the ability of the Underlying Index to track general stock market performance. Standard & Poor's has no obligation to take the needs of Mirae Asset HK or the owners of the Fund into consideration in determining, composing or calculating the Underlying Index. Standard & Poor's is not responsible for and has not participated in the determination of the prices and amount of the Fund or the timing of the issuance or sale of the Fund or in the determination or calculation of the equation by which the Fund is to be converted into cash. Standard & Poor's has no obligation or liability in connection with the administration, marketing or trading of the Fund.