Mirae Asset NYSE FANG+ETF MAFANG
- Expense Ratio (TER) 0.58% · Fair — moderate costs
- AUM (Fund Size) 604.3M · Mid-size fund
- Distribution Yield 0.00% · Growth-focused (no yield)
- Diversification 10 holdings · Top-10 = 100.0% — concentrated, higher single-stock risk
- Long-Term Track Record 3Y avg +33.6%/yr · 5Y avg +20.0%/yr
- Annual Volatility nan% · Very High
- Worst 1-Year Drawdown -16.2% · Moderate drawdown
Auto-generated from fund data and price history. Not investment advice — verify with the fund issuer's factsheet before investing.
About This Fund
The index is an equal-dollar weighted index designed to represent a segment of the technology and consumer discretionary sectors consisting of highly-traded growth stocks of technology and tech-enabled companies. The notes are unsecured and unsubordinated obligations of Bank of Montreal. Each note will have an initial principal amount of $50.
Investment Strategy & Highlights
- Theme: Tracks NYSE FANG+ (via index proxy FNGS).
- Category: Technology · managed by BMO Capital Markets.
- Diversification: 10 top holdings reported; the top 10 positions account for 100.0% of the portfolio.
- Largest position: Palantir Technologies Inc Ordinary Shares - Class A (PLTR) at 13.07%.
- Top sector: Technology at 61.9% of holdings.
- Geographic exposure: United States (100.0%) .
- Cost: Expense ratio of 0.58% (proxy estimate) — moderate for this category.
- Track record: 3Y avg +33.59% · 5Y avg +19.99% per year.
- Trading: Listed on NSI, denominated in INR.
- Data source note: Underlying holdings and sector splits shown are sourced from index proxy FNGS; constituents mirror the proxy because both track the same index.
Curated from issuer disclosures, fund factsheets, and public market data. Figures are illustrative and not investment advice.
Key Facts
Performance Returns
Total price return over each window. 3Y/5Y use weekly close history; shorter windows use daily closes.
Risk & Volatility
Volatility = stdev of daily returns × √252. Sharpe-like = annualized mean / annualized vol (rf = 0%). Educational estimates from 1-year price history.
Technical Trend
Signal: Mildly bearish (50/200 in downtrend)
Computed from daily close history. SMA-50 above SMA-200 is the classic “golden cross” trend regime. RSI > 70 overbought · RSI < 30 oversold.
Price Chart
🔄 Similar Funds to Compare
This fund is in the Technology category. Compare with other funds in the same category on the Funds & ETFs page to find the best fit for your strategy.
- Compare expense ratios — lower TER saves money
- Check 1Y/3Y/5Y returns — consistency matters
- Review AUM — larger funds have better liquidity
- Look at holdings overlap — avoid duplication
Top Holdings (10)
Holdings shown are of the underlying index proxy FNGS — this fund tracks the same index, so constituents mirror the proxy. Issuer site: official factsheet.
| # | Symbol / CUSIP | Name | Weight % |
|---|---|---|---|
| 1 | PLTR | Palantir Technologies Inc Ordinary Shares - Class A | +13.07% |
| 2 | MSFT | Microsoft Corp | +12.42% |
| 3 | AMZN | Amazon.com Inc | +10.28% |
| 4 | AAPL | Apple Inc | +9.90% |
| 5 | NVDA | NVIDIA Corp | +9.74% |
| 6 | NFLX | Netflix Inc | +9.73% |
| 7 | META | Meta Platforms Inc Class A | +9.33% |
| 8 | GOOGL | Alphabet Inc Class A | +8.73% |
| 9 | AVGO | Broadcom Inc | +8.60% |
| 10 | MU | Micron Technology Inc | +8.20% |
Top holdings as reported by the fund issuer; full list of constituents may not be available.
Sector Allocation
📰 Latest News & Market Alerts
Recent headlines for MAFANG and the underlying index proxy FNGS. Follow this fund's market themes, regulatory changes, and sector developments.