Most Profitable
Mirae Asset Global Investment’s Mirae Asset Asia Great Consumer Fund recorded the highest rate of return among the 97 non-Japan Asia-Pacific funds available in the United States.
The fund, which invests in Asian companies doing business in the fast-growing consumer markets of the continent, recorded a three-year return of 77.7 percent. It was first raised in Sept. 2010 in the U.S. and then launched in Korea in October last year. The cumulative rate of return in Korea is 16.97 percent now.
In addition, Mirae Asset Global Investment’s Mirae Asset Asia Fund ranked third in the U.S. with a three-year rate of 73.4 percent. Mirae Asset is currently running six mutual funds in the U.S. Three of them, including the Emerging Great Consumer Fund and the two mentioned above, have won the 5 Star grade.