Performance-based Fund
Mirae Asset Global Investments announced on May 1 that "Mirae Asset Dividend and Income 30 Performance-Based Fund" will be launched through KB Kookmin Bank.
The Mirae Asset Dividend and Income 30 Performance-Based Fund receives 20% of the total revenues exceeding 3.5% of absolute return as a performance-based pay. Its management pay is 0.20% per year, which is about 50% of similar funds that do not receive a performance-based pay.
The Mirae Asset fund is a medium-risk, medium-dividend product which invests in the assets that generate stable income such as high-yield bonds around the world, and in the assets that can make dividend income such as local preferred stocks and high-dividend stocks.
Each of the maternal funds will invest 60% or more of its funds in the Mirae Asset Global Dynamic Plus Fund and 30% or less in the Mirae Asset Dividend Premium Fund. Both are representative funds of Mirae Asset Global Investments and have already proven their profitability and stability.
As of the end of May, the Mirae Asset Global Dynamic Plus Fund and Mirae Asset Dividend Premium Fund recorded yield rates of 29.49% and 75.33% for five years, respectively.