Home > Mutual Funds > Performance
 
 

Performance Overview as of April 30, 2012

 
 
 
Class A Class C Class I All Classes
 
Sector Leader Funds Share Class Ticker Inception Date   Monthly
as of April 30, 2012 (%)		 Quarterly
as of March 31, 2012 (%)
1 Mo YTD Since Inception¹ Quarterly 1 Year Since Inception¹
Global
Emerging Markets
Sector Leader Fund
A MALGX 09/24/2010
at NAV 0.29 13.47 -1.48 13.15 -10.01 -1.74
with sales charge -5.48 6.95 -5.06 6.64 -15.18 -5.51
C MCLGX 09/24/2010
at NAV 0.22 13.18 -2.19 12.93 -10.68 -2.45
with sales charge -0.78 12.05 -2.19 11.80 -11.58 -2.45
I MILGX 09/24/2010
at NAV 0.31 13.56 -1.17 13.21 -9.80 -1.43
with sales charge 0.31 13.56 -1.17 13.21 -9.80 -1.43
Asia
Sector Leader Fund
A MALAX 09/24/2010
at NAV 2.61 16.76 -2.58 13.79 -10.12 -4.37
with sales charge -3.29 10.04 -6.12 7.24 -15.29 -8.03
C MCLAX 09/24/2010
at NAV 2.55 16.47 -3.22 13.58 -10.71 -4.99
with sales charge 1.52 15.31 -3.22 12.44 -11.61 -4.99
I MILAX 09/24/2010
at NAV 2.63 16.86 -2.23 13.86 -9.87 -4.01
with sales charge 2.63 16.86 -2.23 13.86 -9.87 -4.01
Brazil
Sector Leader Fund
A MALBX 09/24/2010
at NAV -7.45 8.45 -7.71 17.18 -13.46 -3.31
with sales charge -12.77 2.21 -11.07 10.44 -18.44 -7.02
C MCLBX 09/24/2010
at NAV -7.50 8.20 -8.34 16.97 -14.09 -3.97
with sales charge -8.42 7.12 -8.34 15.81 -14.95 -3.97
I MILBX 09/24/2010
at NAV -7.43 8.55 -7.63 17.26 -13.24 -3.23
with sales charge -7.43 8.55 -7.63 17.26 -13.24 -3.23
China
Sector Leader Fund
A MALCX 09/24/2010
at NAV 2.77 11.79 -4.79 8.77 -17.58 -6.75
with sales charge -3.14 5.36 -8.25 2.52 -22.31 -10.33
C MCLCX 09/24/2010
at NAV 2.71 11.52 -5.52 8.57 -18.25 -7.47
with sales charge 1.68 10.40 -5.52 7.49 -19.07 -7.47
I MELCX 09/24/2010
at NAV 2.79 11.89 -4.68 8.84 -17.43 -6.65
with sales charge 2.79 11.89 -4.68 8.84 -17.43 -6.65
 
Great Consumer Funds Share Class Ticker Inception Date   Monthly
as of April 30, 2012 (%)		 Quarterly
as of March 31, 2012 (%)
1 Mo YTD Since Inception¹ Quarterly 1 Year Since Inception¹
Global
Great Consumer Fund *
A MGUAX 03/31/2012
at NAV -- -- -- -- -- --
with sales charge -- -- -- -- -- --
C MGUCX 03/31/2012
at NAV -- -- -- -- -- --
with sales charge -- -- -- -- -- --
I MGUIX 03/31/2012
at NAV -- -- -- -- -- --
with sales charge -- -- -- -- -- --
Global
Emerging Markets
Great Consumer Fund
A MECGX 11/04/2010
at NAV 0.74 20.06 0.88 19.19 1.96 0.44
with sales charge -5.06 13.16 -2.97 12.33 -3.90 -3.65
C MCCGX 11/04/2010
at NAV 0.67 19.76 0.17 18.96 1.20 -0.26
with sales charge -0.34 18.56 0.20 17.77 0.19 -0.26
I MICGX 09/24/2010
at NAV 0.76 20.16 7.35 19.26 2.25 7.24
with sales charge 0.76 20.16 7.35 19.26 2.25 7.24
Asia
Great Consumer Fund
A MGCEX 11/04/2010
at NAV 2.77 21.85 -6.36 18.57 -1.30 -8.37
with sales charge -3.14 14.84 -10.46 11.75 -6.97 -12.77
C MGCCX 11/04/2010
at NAV 2.71 21.56 -7.02 18.35 -2.06 -9.02
with sales charge 1.68 20.34 -7.53 17.17 -3.04 -9.71
I MGCIX 09/24/2010
at NAV 2.79 21.95 -2.53 18.64 -1.08 -4.43
with sales charge 2.79 21.95 -2.53 18.64 -1.08 -4.43
 
Bond Funds Share Class Ticker Inception Date   Monthly
as of April 30, 2012 (%)		 Quarterly
as of March 31, 2012 (%)
1 Mo YTD Since Inception¹ Quarterly 1 Year Since Inception¹
Global
Dynamic Bond Fund *
A MAGDX 03/31/2012
at NAV -- -- -- -- -- --
with sales charge -- -- -- -- -- --
C MCGDX 03/31/2012
at NAV -- -- -- -- -- --
with sales charge -- -- -- -- -- --
I MDBIX 03/31/2012
at NAV -- -- -- -- -- --
with sales charge -- -- -- -- -- --
 
  • * Performance information will be available on July 5th, 2012.
  • 1 Annualized.
  • NAV (Net Asset Value) has not been adjusted to reflect any applicable sales charge.
  • Past performance does not guarantee future results. The performance data quoted represent past performance and current returns may be lower or higher. Share price and investment return fluctuate and an investor's shares may be worth more or less than original cost upon redemption. For periods more than one year, performance is annualized.
  • The Fund's investment manager, Mirae Asset Global Investments (USA) LLC ("Mirae Asset USA" or the "Investment Manager"), has contractually agreed to forego its management fee and, if necessary, to reimburse the Fund so that total operating expenses (excluding interest expense, taxes, brokerage commissions and certain other Fund expenses) of the Fund through August 31, 2012 do not exceed the values shown in the table below. Each share class may have to repay Mirae Asset USA some of these amounts foregone or reimbursed within three years if total operating expenses fall below the expense cap described above. The agreement may be terminated prior to August 31, 2012 upon 90 days' prior written notice by a majority of the non-interested trustees of the Trust or by a majority of the outstanding voting securities of the Fund.

  • Equity Funds

    Share Class   GEM Sector Leader Fund Asia Sector Leader Fund Brazil Sector Leader Fund China Sector Leader Fund Global Great Consumer Fund GEM Great Consumer Fund Asia Great Consumer Fund
    A Gross 8.06% 8.43% 8.39% 8.57% 7.65% 8.44% 8.55%
      Net 1.85% 1.80% 1.75% 1.95% 1.85% 1.85% 1.80%
    C Gross 8.75% 9.18% 9.16% 9.20% 8.40% 9.11% 9.32%
      Net 2.60% 2.55% 2.50% 2.70% 2.60% 2.60% 2.55%
    I Gross 4.64% 4.89% 5.08% 5.26% 4.24% 4.70% 4.57%
      Net 1.60% 1.55% 1.50% 1.70% 1.60% 1.60% 1.55%



  • Shareholder Fees (fees paid directly from your investment)

    		 Class A Class C Class I
    Maximum Sales Charge (Load) imposed on purchases
    (as a percentage of the offering price)    		 5.75% None None
    Maximum Deferred Sales Charge (Load) for redemptions within one year of purchase (as a percentage of the original cost or redemption proceeds, whichever is less) (a 1.00% deferred sales charge may apply on certain redemptions of Class A Shares made within 12 months of purchase if purchased without an initial sales charge) None 1.00% None
    Redemption Fee (as a percentage of amount redeemed or exchanged within 60 days of purchase) 2.00% 2.00% 2.00%
  • Investment Considerations - The Funds cannot guarantee that they will achieve their investment objective. As with all investments, there are certain risks of investing in the Funds, and you could lose money on an investment in the Funds. Certain risks related to an investment in the Funds are summarized below. Emerging Markets Risk - The risks of foreign investments are typically greater in less developed countries, which are sometimes referred to as emerging markets. For example, political and economic structures in these countries may be changing rapidly, which can cause instability and greater risk of loss. These countries are also more likely to experience higher levels of inflation, deflation or currency devaluation, which could hurt their economies and securities markets. For these and other reasons, investments in emerging markets are often considered speculative. Equity Securities Risk; Stock Market Volatility - Equity securities include common and preferred stocks. Stock markets are volatile. The value of equity securities is affected by changes in a company's financial condition and overall market and economic conditions. Preferred stock may be subject to optional or mandatory redemption provisions. Geographic Concentration Risk - A small number of companies and industries may represent a large portion of the market in a particular country or region, and these companies and industries can be sensitive to adverse social, political, economic or regulatory developments in that country or region.

    • Bond Funds


    Share Class

    		  
    Global Dynamic Bond Fund
    A Gross 6.78%
      Net 1.28%
    C Gross 7.53%
      Net 2.03%
    I Gross 3.30%
      Net 1.03%



  • Shareholder Fees (fees paid directly from your investment)

    		 Class A Class C Class I
    Maximum Sales Charge (Load) imposed on purchases
    (as a percentage of the offering price)    		 4.50% None None
    Maximum Deferred Sales Charge (Load) for redemptions within one year of purchase (as a percentage of the original cost or redemption proceeds, whichever is less) (a 1.00% deferred sales charge may apply on certain redemptions of Class A Shares made within 12 months of purchase if purchased without an initial sales charge) None 1.00% None
    Redemption Fee (as a percentage of amount redeemed or exchanged within 60 days of purchase) 2.00% 2.00% 2.00%
  • Investment Considerations - The Fund cannot guarantee that they will achieve their investment objective. As with all investments, there are certain risks of investing in the Funds, and you could lose money on an investment in the Funds. Bond funds will tend to experience smaller fluctuations in value than stock funds. However, investors in any bond fund should anticipate fluctuations in price, especially for longer term issues and in environments of rising interest rates. Certain risks related to an investment in the Funds are summarized as follows: ASSET ALLOCATION - The Fund's ability to achieve its investment objective will depend, in part, on the Investment Manager's ability to select the best allocation of assets across the various developed and emerging markets. There is a risk that the Investment Manager's evaluations and assumptions may be incorrect in view of actual market condition. CREDIT - The issuer of a fixed income security, or the counterparty to a contract, such as swaps or other derivatives, may become unable or unwilling to meet its financial obligations. Various market participants, such as rating agencies or pricing services, also may affect the security by downgrading the credit of the issuer of the security, which may decrease the value. DERIVATIVE — The Fund may utilize derivatives for hedging purposes, to enhance returns or to obtain exposure to various market sectors. The risks of derivatives include liquidity, interest rate, market, credit and management risks. The instrument may be also mispriced or improperly valued, and the Fund could lose more than the principal amount invested. Unpredictable or rapid changes in the currency markets could also negatively affect the value of currency derivatives, such as currency forward/futures contracts. Derivatives also may give rise to increased leverage, and the Fund may become more volatile to market changes. The extent and impact of potential new regulation regarding the derivatives markets is not yet known and may not be known for some time. Such regulation may make derivatives more costly, may limit the availability of derivatives, or may otherwise adversely affect the value or performance of derivatives. FOREIGN SECURITIES - Foreign investments may be subject to different and, in some cases, less stringent regulatory and disclosure standards than U.S. Investments. Also, political concerns, fluctuations in foreign currencies and differences in taxation, trading, settlement, custodial and other operational practices may result in foreign investments being more volatile and less liquid than U.S. investments. Foreign regulatory and fiscal policies may affect the ability to trade securities across markets. Foreign markets also may differ widely in trading and execution capabilities, liquidity and expenses, including brokerage and transaction costs. Brokerage and transaction costs generally are higher for foreign securities than for U.S. investments. Foreign investments typically are issued and traded in foreign currencies. As a result, their values may be affected significantly by changes in exchange rates between foreign currencies and the U.S. dollar.
  • You should consider an investment in the Fund as a long-term investment. The Fund's returns will fluctuate over long and short periods.
 
 

You are navigating away from Mirae Asset U.S. site. The website you are about to enter has not been prepared for U.S. persons and has not been reviewed by FINRA or by the Securities and Exchange Commission. The following web page(s) may describe products and services that are not available to investors in the United States and the material shown should not be relied upon by a U.S. investor when evaluating products offered by Mirae Asset Global Investments (USA).
[click to proceed to non-U.S. site]