MIRAE ASSET NYSE FANG+ ETF (NSE Symbol : MAFANG)
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- MIRAE ASSET NYSE FANG+ ETF (NSE Symbol : MAFANG)
- Single portfolio that potentially capture today’s global innovation leader
- FANG+ constituents are among most valuable brands throughout the globe
- NYSE FANG+ Index: At forefront of innovation then and now
- INR has historically depreciated against USD over long-term; adding to investors return. When INR depreciates the value of foreign asset increases and vice-versa
- In past, present or future, FANG+ companies were and are likely to be at the forefront of disruptive technologies
- Along with Research & Development (R&D), FANG+ constituents are keeping an eye on potential opportunity and threat to their business
- The investment objective of the scheme is to generate returns, before expenses, that are commensurate with the performance of the NYSE FANG+ Total Return Index, subject to tracking error and forex movement.
- International Equity Shares
- Tesla Inc 10.70%
- Snowflake Inc 10.58%
- Amazon Com Inc 10.56%
- Alphabet Inc A 10.40%
- Meta Platforms Registered Shares A 10.09%
- Microsoft Corp 10.01%
- Netflix Inc 9.84%
- Apple Inc 9.82%
- Nvidia Corp Com 9.11%
- Broadcom Inc 8.90%
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