Mirae Asset Asia Great Consumer Equity Fund

Asian fund manager Mirae Asset Global Investments has made its Mirae Asset Asia Great Consumer Equity Fund available to Australian investors.

The fund invests in equities and equity-related securities of Asian companies, which are expected to benefit from the rising consumption growth across the Asian region in countries such as Korea, Taiwan, India, Malaysia, Indonesia, Philippines,Thailand and China, but excluding Japan.

Head of Australian business development, Chris Wildman, said: "The strategy goes beyond the traditional consumer sectors, differentiated by taking a more flexible, nuanced investment approach, looking at a wide spectrum of themes such as tourism, gaming, snacking, local tastes and internet technology trends, as Asia and other emerging markets step up to the next level of consumption."

Mirae Asset Global Investments was founded in Asia in 1997 and is a home-grown Asian manager with a deep understanding of the cultures and investment dynamics of the markets in which it invests.

In December 2017, Mirae launched its second fund, the Asia Sector Leader Equity Fund, in the Australian market. You can read more about that fund HERE.