Mirae Asset Scores Four Gongs at Bloomberg Businessweek’s Top Fund Awards
January 4, 2022, Hong Kong – Mirae Asset Global Investments (Hong Kong) Limited (the “firm” or “Mirae Asset”) today announced that its ETF and mutual fund products won four coveted prizes at Bloomberg Businessweek’s (Chinese Edition) Top Fund Awards on December 10, 2021.
The Global X China Electric Vehicle and Battery ETF won Best Performer in the Equity – Greater China category (NAV Total Return 1 Year), while the Mirae Asset Asia Growth Equity Fund won the Best Performer in the Equity – APAC ex Japan category (5-Year Total Return). In addition to these honors, the Global X China Clean Energy ETF won the runner-up Outstanding Performer prize in the Equity – Greater China category (NAV Total Return 1 Year), while the Global X S&P Crude Oil Futures Enhanced ER ETF was also recognized as an Outstanding Performer for the Commodities and Specialty category (NAV Total Return 1 Year).
Bloomberg Businessweek’s (Chinese Edition) Top Fund Awards is widely recognized by the industry for honoring the best-performing Hong Kong-listed funds from across the globe. Mutual fund awards are measured by market performance and asset classes in the past 12 months while the ETF awards are ranked on a one-year tracking error or NAV total return basis.
Jung Ho RHEE, Chief Executive Officer of Mirae Asset, said: “It is with great pleasure that we accept these four Top Fund Awards from Bloomberg Businessweek. These four awards represent our clients’ trust and belief in our growing suite of products that span mutual funds, thematic, active and our recently launched global-themed ETFs. The data and performance-based methodology is a testament to Mirae Asset’s name, and we are proud to continue bringing innovative products to market as an ETF leader.”