(An open ended fund of fund scheme predominantly investing in Mirae Asset Hang Seng TECH ETF)
New Fund Offer (NFO) opens on November 17, 2021
New Fund Offer (NFO) closes on December 1, 2021
Reopens for continuous sales and repurchase: December 9, 2021
ABOUT THE FUND
An open-ended fund of fund scheme predominantly investing in Mirae Asset Hang Seng TECH ETF
INVESTMENT FRAMEWORK
The Scheme will invest in the units of Mirae Asset Hang Seng TECH ETF managed by Mirae Asset Mutual Fund as per the above stated asset allocation. The cumulative gross exposure through Units of Mirae Asset Hang Seng TECH ETF, Money market instruments / debt securities, Instruments and/or units of debt/liquid schemes of domestic Mutual Funds shall not exceed 100% of the net assets of the Scheme.
WHY INVEST IN THE FUND
- Provides diversification across *30 large tech-themed companies
- Consist of companies driven by strong revenue growth and R&D investment
- Fast Track IPO Entry: Qualified IPOs are included in Index shortly after listing
- The index focuses on companies engaged in Internet (including mobile); FinTech; Cloud; E-Commerce; Digital; or Autonomous Vehicle
*Top 30 technology companies with highest market value (MV) are selected as constituents.
^Note: A newly listed security will be added to index if its full market capitalization ranks within the top 10 of the existing constituents on its first trading day. The ad hoc addition will normally be implemented after the close of the 10th trading day of the new issue.