Mirae Asset Global Discovery Fund Société D’Investissement À Capital Variable

Mirae Asset Global Discovery Fund Société d’Investissement à Capital Variable

Annual Report and Audited Financial Statements for the Year Ended 31 March 2021

R.C.S Luxembourg B138.578

No subscription may be accepted on the basis of this report. Subscriptions are accepted only on the basis of the current prospectus and key investor information documents accompanied by the latest annual report and the latest semi-annual report if available.

Mirae Asset Global Discovery Fund Société d’Investissement à Capital Variable

Annual Report and Audited Financial Statements for the year ended 31 March 2021

Table of Content

General Information ...... 3

Principal Investment Manager’s Report ...... 5

Independent Auditor’s Report ...... 7

Financial Statements ...... 10 Statement of Net Assets Statement of Operations and Changes in Net Assets Statistical Information

Notes to the Financial Statements ...... 31

Schedule of Investments ...... 41 Mirae Asset Korea Equity Fund* Mirae Asset China Sector Leader Equity Fund Mirae Asset India Sector Leader Equity Fund Mirae Asset Asia Sector Leader Equity Fund Mirae Asset Asia Pacific Equity Fund Mirae Asset GEM Sector Leader Equity Fund Mirae Asset Asia Great Consumer Equity Fund Mirae Asset Global Great Consumer Equity Fund* Mirae Asset Asia Growth Equity Fund Mirae Asset China Growth Equity Fund Mirae Asset Next Asia Pacific Equity Fund* Mirae Asset India Mid Cap Equity Fund* Mirae Asset Global Dynamic Bond Fund*

Industrial & Geographical Classification ...... 65 Mirae Asset Korea Equity Fund* Mirae Asset China Sector Leader Equity Fund Mirae Asset India Sector Leader Equity Fund Mirae Asset Asia Sector Leader Equity Fund Mirae Asset Asia Pacific Equity Fund Mirae Asset GEM Sector Leader Equity Fund Mirae Asset Asia Great Consumer Equity Fund Mirae Asset Global Great Consumer Equity Fund* Mirae Asset Asia Growth Equity Fund Mirae Asset China Growth Equity Fund Mirae Asset Next Asia Pacific Equity Fund* Mirae Asset India Mid Cap Equity Fund* Mirae Asset Global Dynamic Bond Fund*

Unaudited Supplementary Information ...... 84

* Not authorized in Hong Kong and not available to Hong Kong Residents.

General Information

Registered Office Members 31 z.a. Bourmicht Mr. Romain DENIS L-8070 Bertrange Executive Director – Managing Director Grand Duchy of Luxembourg FundRock Management Company S.A. Luxembourg, Grand Duchy of Luxembourg Board of Directors Mr. Eric MAY (until 12 February 2021) Chairman Non-Executive Director Mr. Jung Ho RHEE Founding Partner Chief Executive Officer BlackFin Capital Partners Mirae Asset Global Investments (Hong Kong) Limited Paris, France Hong Kong Mrs. Tracey MCDERMOTT Members Independent Non-Executive Director Mr. Elliot BERMAN Luxembourg, Grand Duchy of Luxembourg Managing Director, Operations Mirae Asset Global Investments (UK) Limited Mr. Grégory NICOLAS (until 26 June 2020) United Kingdom Executive Director – Co-Managing Director FundRock Management Company S.A. Mr. Se Han SONG (since 22 June 2020) Grand Duchy of Luxembourg Head of Business Planning & Product Development Mirae Asset Global Investments (Hong Kong) Limited Mr. Serge RAGOZIN (until 12 February 2021) Hong Kong Executive Director – Deputy Chief Executive Officer FundRock Management Company S.A. Mr. Byung Ha KIM Grand Duchy of Luxembourg Chief Operating Officer Mirae Asset Global Investments (Hong Kong) Limited Mr. Xavier PARAIN Hong Kong Executive Director – Chief Executive Officer FundRock Management Company S.A. Mr. Young-Rae CHO (until 8 April 2020) Grand Duchy of Luxembourg Head of Business Development and Product Mirae Asset Global Investments (Hong Kong) Limited Mr. Thibault GREGOIRE (since 16 February 2021) Hong Kong Executive Director – Chief Financial Officer FundRock Management Company S.A. Management Company Grand Duchy of Luxembourg FundRock Management Company S.A 33, rue de Gasperich Conducting Persons L-5826 Hesperange Mr. Romain DENIS Grand Duchy of Luxembourg Mr. Gregory NICOLAS (until 26 June 2020) Mr. Matteo SBROLLA Board of Directors of the Management Company Mr. Emmanuel NANTAS (since 8 October 2020) Mr. Franck CARAMELLE (since 8 October 2020) Chairman Mr. Alexis FERNANDEZ (since 8 October 2020) Mr. Michel Marcel VAREIKA Independent Non-Executive Director Luxembourg, Grand Duchy of Luxembourg

General Information (continued)

Principal Investment Manager* Legal Advisors Mirae Asset Global Investments (Hong Kong) Limited Arendt & Medernach S.A. Room 1101, 11F, Lee Garden Three 41A, avenue J.F. Kennedy 1 Sunning Road, Causeway Bay L-2082 Luxembourg Hong Kong Grand Duchy of Luxembourg

Investment Managers** Information to Shareholders Mirae Asset Global Investments Co Ltd 13F, Copies of the prospectus and any information relating thereto may Tower 1, 33, Jong-ro be obtained from the registered office of the Company at 31 z.a. Jongno-gu, Seoul, 03159, Bourmicht, L-8070 Bertrange, Grand Duchy of Luxembourg, from Republic of Korea Mirae Asset Global Investments (Hong Kong) Limited and from the appointed fund distributors. Mirae Asset Global Investments (USA) LLC 625 Madison Avenue, 3rd Floor Corporate Governance New York, NY 10022 Following its introduction in September 2009, the Board of Directors United States of America has adopted the ALFI Code of Conduct (the “Code”), which sets out the principles of good governance. The Board considers that MAPS Capital Management Limited the Company has been in compliance with the Code in all material Room 1101, 11F, Lee Garden Three respects throughout the year ended 31 March 2021. 1 Sunning Road, Causeway Bay Hong Kong

Daiwa Asset Management Co. Ltd. Gran Tokyo North Tower 9-1 Marunouchi 1- Chome Chiyoda-ku, Tokyo 100-6753 Japan

Global Distributor* Mirae Asset Global Investments (Hong Kong) Limited Room 1101, 11F, Lee Garden 1 Sunning Road, Causeway Bay Hong Kong

Depositary, Administrative Agent*, Registrar and Transfer Agent*, Paying Agent* Citibank Europe Plc, Luxembourg Branch 31 z.a. Bourmicht L-8070 Bertrange Grand Duchy of Luxembourg

Hong Kong Representative Mirae Asset Global Investments (Hong Kong) Limited Room 1101, 11F, Lee Garden 1 Sunning Road, Causeway Bay Hong Kong

Independent Auditor Ernst & Young S.A. 35E, avenue John F. Kennedy L-1855 Luxembourg Grand Duchy of Luxembourg

* Delegated by the Management Company ** Delegated by the Principal Investment Manager

Principal Investment Manager’s Report Market Overview for the Year Ended 31 March 2021

The start to 2020 saw capital markets experiencing huge volatility China and mass panic sell-offs. By April 2020, there was a sharp Throughout the year, we saw Beijing’s decision to completely recovery in markets post-March sell-off that drove markets to open up the mutual fund industry to foreign companies which was GFC lows. The US Senate passed the Holding Foreign Companies positive news to investors and signaled the country’s willingness Accountable Act by unanimous consent. Markets initially rebounded to open up its capital markets despite trade tensions. At the in beneficiaries of Covid through “stay-at-home” technology names UN General Assembly on the 22nd of September, President Xi but throughout 4Q2020, global markets reacted off positive news announced that China aims to achieve carbon neutrality before 2060. when Pfizer, BioNTech as well as Moderna announced a Covid The expectation in the coming decades is for substantial vaccine breakthrough. This coupled with Biden’s win in the US transformation in China’s energy mix. The Nation also announced elections diverted investor attention towards cyclical stocks driving its “dual circulation” strategy where it will realign its traditional a market rotation. The rally broadened across markets and sectors emphasis on economic growth through exports to a renewed focus as lockdowns ended, economies moved towards normalization. towards proliferating domestic demand. During 1Q21, we saw the Strong market performance and Biden’s victory further propelled tightening of the internet and online education sector with the the case for a reflationary trade environment. reiteration of anti-trust regulation. The State Administration for Market Regulation (SAMR) announced that the Chinese authority Asia will start an investigation into Alibaba on its alleged monopolistic In India, the impact of Covid, slowing growth momentum, concerns practices shaking up the Chinese fintech sector as regulators are over the banking sector, and the state of fiscal finances led to set to implement new anti-monopolistic parameters. Towards the a rating downgrade by Moody’s in 2020 from Baa2 to Baa3. end of the quarter Alibaba received a record fine of US$2.8bn. Over the past year, several reforms have been announced to lift India’s medium-term growth potential. Corporate taxes have been brought down to global averages. The successful Production- Linked-Incentive scheme for electronics was extended to ten new sectors, with a total outlay of US$26bn. Factor market reforms for labour, agriculture and land were announced under the Atmanirbhar package. Private sector players have been allowed for coal mining and running cargo trains. The government continues to focus on housing, construction and public sanitation projects. Throughout 2020, the Indian government’s measured response on fiscal handouts was appropriate as the focus was on cash transfers to the bottom of the pyramid and collateral free automatic loans of US$40bn as emergency credit line for small businesses. There are limited excesses in the recent 3-5 years of misallocation of capital and a government driven towards strong policy action as well as a focus on strengthening the economy.

Taiwan was a strong performer in the region owing to the rally driven by its tech sector; the result of expectations for stronger demand in semiconductors and chips from the 5G rollout. Likewise, the export trend continued throughout the year, subsequently Taiwan reported the strongest total return in the region for the fourth quarter of 2020. The Korean government also unveiled its plans for the proposed 2021 budget to increase fiscal expenditure by 1.6%. A 4th budget worth US$6.7bn was announced in September; the measures include support for small businesses and job seekers.

The ASEAN region continued to lag in market performance and its ability to contain the Covid-19 virus relative to its North Asian counterparts. Towards year-end 2020, the Indonesian Parliament passed the Omnibus Bill on job creation to ease labor law, capital investment, licensing, corporate tax, and land acquisition. The Philippines has seen a fragile economic recovery with the resurgence of Covid cases leading to a series of reintroduced lockdown measures. To combat this, the government saw increased fiscal stimulus directed to aid farmers, fund infusion into government banks, and payments to healthcare workers. Vietnam’s economic data signaled a strong start to 1Q2021; the tech sector was leading growth in overall exports. The country seems to have controlled the outbreak of Covid with a ramp up in vaccinations and border reopening for 2H2021.

Principal Investment Manager’s Report Market Overview for the Year Ended 31 March 2021 (continued)

GEM When assessing the medium-term future growth trend in India, we After the first quarter drop, double-digit rebounds in the second believe that structurally positive factors of demographics, reforms quarter, and a relatively flat third quarter, the Latin American and and globalization will be key. In our opinion, the benefits of huge EEMEA (Eastern Europe, Middle East & Africa) regions came back digitization, infrastructure like roads, electrification are yet to be strong to end the year. Latin American equities rallied about 35%, realized, especially in select sectors/companies that should see and EEMEA companies gained 16% for the quarter. Colombia, the long-term tailwind upside of this. Hungary, and Brazil outperformed, while Egypt, Qatar, and Kuwait lagged their peers. Colombia rallied with oil prices, which were Korea’s outlook and growth recovery for 2021 as well as its up over 20% in the three-month period. Hungary delivered strong attractive valuations in select sectors pose great opportunities. performance as the country reached a deal with the EU on the 2021 With increasing ESG awareness and zero carbon emission policies budget and recovery fund. Brazil performed in-line with the rally in coming out of the EU and US under a Biden administration, we oil, up over 20%, and iron ore, up over 30%, along with continued believe renewables and companies at the forefront of shift to flows stemming from low interest rates and healthy capital markets renewables within their industry are set to benefit. activity. Banking sector dependent countries Egypt, Qatar, and Kuwait underperformed with the outlook for lower interest rates Southeast Asian markets have broadly lagged the rest of its North long term. Emerging Market (EM) equities continued their rebound Asian counterparts as growth recovery had been slow and investors towards the end of 2020. The strong performance came from a remained somewhat cautious of governments’ ability to handle the combination of factors. First, the Democratic victory in the US led Covid outbreak. The foreign ownership in ASEAN region remains investors to price in more US fiscal stimulus, putting pressure low but with success of a vaccine, we believe the region can reverse on the US dollar (USD) versus EM currencies, and an improving its underperformance vs North Asia in coming quarters. Vietnam is a geopolitical scenario. A second driver of EM outperformance came country that boasts robust growth, boosting job creation and income from Fed Chairman Powell’s commentary which indicated that the growth, we believe it is set to benefit from US China trade tensions Fed would support the market for the foreseeable future. Low US and prefer consumption-oriented sectors as well as leading banks. interest rates generally provide a tailwind for EM by easing USD denominated debt burdens and increasing the EM-US interest rate differential, which supports EM currencies.

Outlook for the next fiscal year Mirae Asset Global Investments (Hong Kong) Limited Markets typically trade earnings revision which should be positive on the back of strong PMIs and ISMs; a result of higher spends Principal Investment Manager on discretionary items like homes, furniture, and autos. Covid related supply disruptions along with the US, and India encouraging local supply chains incentivizing corporates to build multi location capacities is also positive for the revival of the investment cycle. Furthermore, China’s control of carbon emissions for heavy industries like steel, aluminum should enhance industry profitability and kick start spending for new, environmentally friendly capex. Finally, huge rebuild plans in US and Europe with a focus on upgrading existing infrastructure and additional spends on green infrastructure should be positive for sustaining the strong economic Jung Ho RHEE momentum for next 3-5 years. Close to 60-65% of the MSCI China Index is exposed to tech, biotech related names where the 8 June 2021 focus is largely on growth sectors. This was a catalyst as to why China fared so well in the past 2-3 years when markets looked to structured growth sectors. However, economies that lagged in the past such as Korea and India are now anticipated to be the outperformers in region. Looking forward, China may lag because of its growth sector constituents as markets begin to gravitate towards the cyclical sector. In the past a tightening of monetary policy in the US was categorized as a detriment to Asia’s growth success. However. we believe this is not the case in today’s environment. Given Asia has achieved a higher level of macro stability with lower fiscal and current account deficits versus 2013, we think the region should still be able to enjoy the benefits of a stronger US growth story without seeing headwinds from rising US rates.

Financial Statements

Independent auditor’s report

To the Shareholders of Mirae Asset Global Discovery Fund 31 z.a. Bourmicht L-8070 Bertrange Grand Duchy of Luxembourg

Opinion

We have audited the financial statements of Mirae Asset Global Discovery Fund and of each of its sub-funds (the “Fund”), which comprise the statement of net assets and the schedule of investments as at 31 March 2021 and the statement of operations and changes in net assets for the year then ended, and the notes to the financial statements, including a summary of significant accounting policies.

In our opinion, the accompanying financial statements give a true and fair view of the financial position of the Fund and of each of its sub-funds as at 31 March 2021, and of the results of their operations and changes in their net assets for the year then ended in accordance with Luxembourg legal and regulatory requirements relating to the preparation and presentation of the financial statements.

Basis for Opinion

We conducted our audit in accordance with the Law of 23 July 2016 on the audit profession (the “Law of 23 July 2016”) and with International Standards on Auditing (“ISAs”) as adopted for Luxembourg by the “Commission de Surveillance du Secteur Financier” (“CSSF”). Our responsibilities under the Law of 23 July 2016 and ISAs as adopted for Luxembourg by the CSSF are further described in the “responsibilities of the “réviseur d’entreprises agréé” for the audit of the financial statements” section of our report. We are also independent of the Fund in accordance with the International Code of Ethics for Professional Accountants, including International Independence Standards, issued by the International Ethics Standard Board for Accountants (“IESBA Code”) as adopted for Luxembourg by the CSSF together with the ethical requirements that are relevant to our audit of the financial statements, and have fulfilled our other ethical responsibilities under those ethical requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Other information

The Board of Directors of the Fund is responsible for the other information. The other information comprises the information included in the annual report but does not include the financial statements and our report of the “réviseur d’entreprises agréé” thereon.

Financial Statements

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report this fact. We have nothing to report in this regard.

Responsibilities of the Board of Directors of the Fund for the financial statements

The Board of Directors of the Fund is responsible for the preparation and fair presentation of these financial statements in accordance with Luxembourg legal and regulatory requirements relating to the preparation and presentation of the financial statements, and for such internal control as the Board of Directors of the Fund determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Board of Directors of the Fund is responsible for assessing the Fund’s and of each of its sub-funds’ ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors of the Fund either intends to liquidate the Fund or or any of its sub-funds or to cease operations, or has no realistic alternative but to do so.

Responsibilities of the “réviseur d’entreprises agréé” for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a report of the “réviseur d’entreprises agréé” that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Law of 23 July 2016 and with ISAs as adopted for Luxembourg by the CSSF will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with the Law of 23 July 2016 and with ISAs as adopted for Luxembourg by the CSSF, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates 8

Financial Statements and related disclosures made by the Board of Directors of the Fund.

• Conclude on the appropriateness of Board of Directors of the Fund’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Fund’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our report of the “réviseur d’entreprises agréé” to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our report of the “réviseur d’entreprises agréé”. However, future events or conditions may cause the Fund or any of its sub-funds to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with Board of Directors regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Ernst & Young Société anonyme Cabinet de révision agréé

Michael Ferguson

Luxembourg, 25 June 2021

Financial Statements Statement of Net Assets as at 31 March 2021

Note Mirae Asset Korea Mirae Asset China Mirae Asset India Mirae Asset Asia Equity Fund* Sector Leader Sector Leader Sector Leader Equity Fund Equity Fund Equity Fund (USD) (USD) (USD) (USD) Investment in securities at cost 990,234 47,366,885 162,703,027 265,451,975 Unrealised appreciation/(depreciation) 454,955 7,361,901 51,450,931 58,378,679 Investment in securities at market value 2a 1,445,189 54,728,786 214,153,958 323,830,654 Cash 80,005 4,114,247 6,029,736 4,795,918 Dividends and interest receivable 2c, 2d 14,392 — 59,361 1,586,499 Other receivable 12 — — 320,950 — Receivables resulting from subscriptions — 12,756 826,100 734,924 Receivables resulting from sales of securities — 112,144 976,701 5,535,864 Unrealised gain on forward foreign exchange contracts 8 — — 20 2,661 Total assets 1,539,586 58,967,933 222,366,826 336,486,520 Bank overdraft — — 1,952,228 2,042,272 Payables resulting from redemptions 199 333,707 7,182 2,553,172 Payables resulting from purchases of securities — 157,397 3,207,060 2,511,022 Dividends payable, net 11 — — — — Accrued expenses 26,380 77,503 7,837,725 378,619 Unrealised loss on forward foreign exchange contracts 8 — — 870 110,211 Total liabilities 26,579 568,607 13,005,065 7,595,296 Net assets 1,513,007 58,399,326 209,361,761 328,891,224 Net asset value per share A Capitalisation USD 13.77 30.55 19.88 19.36 A Capitalisation EUR 11.58 5.81 12.14 14.16 A Capitalisation EUR Hedged — — 14.44 14.19 A Capitalisation CHF Hedged — — — — A Capitalisation GBP — — — — E Capitalisation USD — — — — E Capitalisation GBP — — — — I Capitalisation USD — 8.03 20.98 20.20 I Capitalisation EUR — — 11.14 — I Capitalisation EUR Hedged — — — — I Capitalisation GBP — — — — J Capitalisation JPY — — — 235.51 K Capitalisation USD — 24.79 22.00 26.91 N Capitalisation AUD — — — 17.54 R Capitalisation USD — 10.07 15.87 16.60 R Capitalisation EUR — 8.58 16.76 13.54 R Capitalisation EUR Hedged — — 15.88 9.28 R Capitalisation CHF Hedged — — — — R Capitalisation GBP — — 12.98 12.64 Z Distribution USD — — — — Z Capitalisation GBP — — — 10.57 Z Distribution GBP — — — — Number of shares outstanding A Capitalisation USD 105,177.520 352,296.705 273,973.048 673,656.402 A Capitalisation EUR 4,755.078 40,895.218 226,509.670 1,888,764.549 A Capitalisation EUR Hedged — — 278.396 411,392.324 A Capitalisation CHF Hedged — — — — A Capitalisation GBP — — — — E Capitalisation USD — — — — E Capitalisation GBP — — — — I Capitalisation USD — 74,673.770 253,665.979 3,317,438.144 I Capitalisation EUR — — 3,491,600.083 — I Capitalisation EUR Hedged — — — — I Capitalisation GBP — — — — J Capitalisation JPY — — — 16,252,516.550 K Capitalisation USD — 1,886,193.168 3,698,380.322 1,469,833.183 N Capitalisation AUD — — — 875,084.150 R Capitalisation USD — 250.000 34,299.681 2,938,075.748 R Capitalisation EUR — 297.619 18,930.640 1,884,803.834 R Capitalisation EUR Hedged — — 6,240.000 788,344.217 R Capitalisation CHF Hedged — — — — R Capitalisation GBP — — 3,767,651.583 10,929.331 Z Distribution USD — — — — Z Capitalisation GBP — — — 2,560,344.173 Z Distribution GBP — — — —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statement of Net Assets as at 31 March 2021 (continued)

Note Mirae Asset Asia Mirae Asset GEM Mirae Asset Asia Mirae Asset Global Pacific Equity Sector Leader Great Consumer Great Consumer Fund Equity Fund Equity Fund Equity Fund* (USD) (USD) (USD) (USD) Investment in securities at cost 32,922,409 7,364,196 1,284,090,673 6,369,102 Unrealised appreciation/(depreciation) 8,867,405 1,669,851 258,705,145 57,220 Investment in securities at market value 2a 41,789,814 9,034,047 1,542,795,818 6,426,322 Cash 887,706 198,011 92,245,360 846,937 Dividends and interest receivable 2c, 2d 244,015 40,630 1,674,160 483 Other receivable 12 — — — — Receivables resulting from subscriptions 115 5,928 12,172,155 — Receivables resulting from sales of securities 1,095,848 55,498 4,393,245 199,887 Unrealised gain on forward foreign exchange contracts 8 — — 16,333 — Total assets 44,017,498 9,334,114 1,653,297,071 7,473,629 Bank overdraft 427,849 — — — Payables resulting from redemptions — 42,202 9,096,599 — Payables resulting from purchases of securities 875,801 21,536 28,495,867 487,793 Dividends payable, net 11 — — 224 — Accrued expenses 60,508 35,671 1,777,550 26,282 Unrealised loss on forward foreign exchange contracts 8 — — 647,443 — Total liabilities 1,364,158 99,409 40,017,683 514,075 Net assets 42,653,340 9,234,705 1,613,279,388 6,959,554 Net asset value per share A Capitalisation USD 25.88 17.79 24.46 — A Capitalisation EUR 20.32 — 19.51 — A Capitalisation EUR Hedged — — 15.09 — A Capitalisation CHF Hedged — — 16.16 — A Capitalisation GBP — — 10.79 — E Capitalisation USD — — — 9.79 E Capitalisation GBP — — — — I Capitalisation USD 28.43 — 25.80 — I Capitalisation EUR — — 15.95 — I Capitalisation EUR Hedged — — 9.27 — I Capitalisation GBP 18.61 — — — J Capitalisation JPY — — — — K Capitalisation USD 21.92 15.63 27.42 24.66 N Capitalisation AUD — — 31.29 — R Capitalisation USD — — 18.46 — R Capitalisation EUR — — 15.75 — R Capitalisation EUR Hedged — — 12.22 — R Capitalisation CHF Hedged — — 8.86 — R Capitalisation GBP — — 13.88 — Z Distribution USD — — 10.10 — Z Capitalisation GBP — — — — Z Distribution GBP — — 7.34 — Number of shares outstanding A Capitalisation USD 7,583.860 103,403.523 6,183,923.254 — A Capitalisation EUR 14,470.544 — 3,819,718.124 — A Capitalisation EUR Hedged — — 3,256,508.219 — A Capitalisation CHF Hedged — — 208,451.591 — A Capitalisation GBP — — 7,350.000 — E Capitalisation USD — — — 300,000.000 E Capitalisation GBP — — — — I Capitalisation USD 42,551.090 — 7,976,840.410 — I Capitalisation EUR — — 2,730,479.895 — I Capitalisation EUR Hedged — — 28,910.023 — I Capitalisation GBP 150.000 — — — J Capitalisation JPY — — — — K Capitalisation USD 1,865,837.273 473,131.473 16,958,131.864 163,130.633 N Capitalisation AUD — — 182,372.026 — R Capitalisation USD — — 10,389,501.642 — R Capitalisation EUR — — 11,654,072.448 — R Capitalisation EUR Hedged — — 1,822,918.275 — R Capitalisation CHF Hedged — — 54,530.126 — R Capitalisation GBP — — 7,028,037.914 — Z Distribution USD — — 779,169.056 — Z Capitalisation GBP — — — — Z Distribution GBP — — 1,060,720.885 —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statement of Net Assets as at 31 March 2021 (continued)

Note Mirae Asset Asia Mirae Asset China Mirae Asset Next Growth Equity Growth Equity Asia Pacific Equity Fund Fund Fund* (USD) (USD) (USD) Investment in securities at cost 265,682,458 360,406,992 28,112,375 Unrealised appreciation/(depreciation) 19,269,773 118,878,805 11,767,317 Investment in securities at market value 2a 284,952,231 479,285,797 39,879,692 Cash 13,232,390 26,828,675 631,735 Dividends and interest receivable 2c, 2d 637,083 — 146,217 Other receivable 12 — — — Receivables resulting from subscriptions 71,758 526,100 — Receivables resulting from sales of securities — 1,191,417 — Unrealised gain on forward foreign exchange contracts 8 — 2,383 — Total assets 298,893,462 507,834,372 40,657,644 Bank overdraft — — — Payables resulting from redemptions 250,000 2,958,491 — Payables resulting from purchases of securities 3,275,570 1,346,550 — Dividends payable, net 11 — — — Accrued expenses 274,408 588,818 54,768 Unrealised loss on forward foreign exchange contracts 8 — 90,512 — Total liabilities 3,799,978 4,984,371 54,768 Net assets 295,093,484 502,850,001 40,602,876 Net asset value per share A Capitalisation USD 11.68 21.08 — A Capitalisation EUR 10.02 9.35 — A Capitalisation EUR Hedged — 9.93 — A Capitalisation CHF Hedged — — — A Capitalisation GBP — — — E Capitalisation USD — — — E Capitalisation GBP — 12.25 — I Capitalisation USD 23.96 18.38 — I Capitalisation EUR — 19.47 — I Capitalisation EUR Hedged — — — I Capitalisation GBP — — — J Capitalisation JPY — — 195.81 K Capitalisation USD 16.69 28.31 — N Capitalisation AUD — — — R Capitalisation USD 10.49 17.05 — R Capitalisation EUR — 14.06 — R Capitalisation EUR Hedged — 11.62 — R Capitalisation CHF Hedged — — — R Capitalisation GBP — 8.16 — Z Distribution USD — — — Z Capitalisation GBP — — — Z Distribution GBP — — — Number of shares outstanding A Capitalisation USD 13,123.482 6,213,397.917 — A Capitalisation EUR 1,278.715 64,317.086 — A Capitalisation EUR Hedged — 45,996.753 — A Capitalisation CHF Hedged — — — A Capitalisation GBP — — — E Capitalisation USD — — — E Capitalisation GBP — 997,231.110 — I Capitalisation USD 1,790,031.699 3,111,484.420 — I Capitalisation EUR — 369.639 — I Capitalisation EUR Hedged — — — I Capitalisation GBP — — — J Capitalisation JPY — — 22,946,293.521 K Capitalisation USD 14,066,809.248 4,385,317.212 — N Capitalisation AUD — — — R Capitalisation USD 1,648,589.623 5,918,795.050 — R Capitalisation EUR — 3,593,933.083 — R Capitalisation EUR Hedged — 880,595.997 — R Capitalisation CHF Hedged — — — R Capitalisation GBP — 20,520.000 — Z Distribution USD — — — Z Capitalisation GBP — — — Z Distribution GBP — — —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statement of Net Assets as at 31 March 2021 (continued)

Note Mirae Asset India Mirae Asset Global Mirae Asset Global Mid Cap Equity Dynamic Bond Discovery Fund Fund* Fund* Combined (USD) (USD) (EUR) Investment in securities at cost 164,521,617 20,532,741 2,269,466,543 Unrealised appreciation/(depreciation) 31,975,510 (90,017) 487,693,591 Investment in securities at market value 2a 196,497,127 20,442,724 2,757,160,134 Cash 4,051,175 558,188 133,191,181 Dividends and interest receivable 2c, 2d 147,792 180,653 4,137,278 Other receivable 12 — — 273,498 Receivables resulting from subscriptions — — 12,228,237 Receivables resulting from sales of securities 2,830,842 198,532 14,137,178 Unrealised gain on forward foreign exchange contracts 8 — — 18,233 Total assets 203,526,936 21,380,097 2,921,145,739 Bank overdraft 1,786,752 — 5,291,096 Payables resulting from redemptions — 611 12,988,635 Payables resulting from purchases of securities 623,466 — 34,939,976 Dividends payable, net 11 — — 191 Accrued expenses 5,577,965 32,076 14,325,347 Unrealised loss on forward foreign exchange contracts 8 — — 723,507 Total liabilities 7,988,183 32,687 68,268,752 Net assets 195,538,753 21,347,410 2,852,876,987 Net asset value per share A Capitalisation USD — 12.50 A Capitalisation EUR — — A Capitalisation EUR Hedged — — A Capitalisation CHF Hedged — — A Capitalisation GBP — — E Capitalisation USD — — E Capitalisation GBP — — I Capitalisation USD 13.18 12.87 I Capitalisation EUR — — I Capitalisation EUR Hedged — — I Capitalisation GBP — — J Capitalisation JPY 118.43 — K Capitalisation USD — 13.19 N Capitalisation AUD — — R Capitalisation USD 11.56 — R Capitalisation EUR — — R Capitalisation EUR Hedged — — R Capitalisation CHF Hedged — — R Capitalisation GBP — — Z Distribution USD — — Z Capitalisation GBP — — Z Distribution GBP — — Number of shares outstanding A Capitalisation USD — 10,485.967 A Capitalisation EUR — — A Capitalisation EUR Hedged — — A Capitalisation CHF Hedged — — A Capitalisation GBP — — E Capitalisation USD — — E Capitalisation GBP — — I Capitalisation USD 485,695.378 58,193.656 I Capitalisation EUR — — I Capitalisation EUR Hedged — — I Capitalisation GBP — — J Capitalisation JPY 174,786,305.474 — K Capitalisation USD — 1,552,215.924 N Capitalisation AUD — — R Capitalisation USD 180,215.097 — R Capitalisation EUR — — R Capitalisation EUR Hedged — — R Capitalisation CHF Hedged — — R Capitalisation GBP — — Z Distribution USD — — Z Capitalisation GBP — — Z Distribution GBP — —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statement of Operations and Changes in Net Assets for the Year Ended 31 March 2021

Note Mirae Asset Korea Mirae Asset China Mirae Asset India Mirae Asset Asia Equity Fund* Sector Leader Sector Leader Sector Leader Equity Fund Equity Fund Equity Fund (USD) (USD) (USD) (USD) Net assets at the beginning of the year 2,066,442 8,650,843 122,225,442 197,045,469 Dividends (net of withholding tax) 2d 17,915 70,298 1,270,886 3,370,032 Net interest income 2c 24 115 2,761 2,488 Other income 12 — — 34,891 — Total income 17,939 70,413 1,308,538 3,372,520 Management company fees 5 18,233 22,149 70,854 99,327 Investment management fees 6 26,050 228,335 1,327,995 2,112,169 Custodian and depositary fees 3 22,560 44,327 172,604 187,670 Audit and legal fees 17,649 16,840 104,952 106,364 Administration and accounting fees 4 36,749 36,749 68,169 93,213 Registrar and transfer agent fees 4 16,531 28,409 51,988 68,717 Taxe d’abonnement 7 789 5,862 43,982 71,055 Publication & printing fees 12 65 752 1,189 Other taxes 12 5 170 9,512,389 733,308 Tax calculation and reporting fees 1,195 537 6,167 13,926 Transaction costs 16 18,497 148,911 1,044,944 1,915,420 Other expenses 10,178 16,227 44,918 75,124 Total expenses 168,448 548,581 12,449,714 5,477,482 Net income/(loss) from investments (150,509) (478,168) (11,141,176) (2,104,962) Net realised gain/(loss) on sales of investments in securities 2e 461,187 956,551 12,780,306 46,482,900 on forward foreign exchange contracts 2f — (1,567) 23,255 10,215 on future contracts 2g — — — — on foreign exchange 2b (3,512) (38,901) (485,789) (895,156) Net change in unrealised appreciation/ (depreciation) on investments in securities 709,460 5,838,345 92,617,082 91,895,028 on forward foreign exchanges contracts — — (835) (129,294) on future contracts — — — — Net change in net assets for the year 1,016,626 6,276,260 93,792,843 135,258,731 resulting from operations Proceeds from subscriptions 156,233 51,669,965 25,254,360 116,437,176 Payments for redemptions (1,726,294) (8,197,742) (31,910,884) (119,850,152) Dividends 11 — — — — Total movements in capital (1,570,061) 43,472,223 (6,656,524) (3,412,976) Currency translation adjustment 2i — — — — Net assets at the end of the year 1,513,007 58,399,326 209,361,761 328,891,224

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statement of Operations and Changes in Net Assets for the Year Ended 31 March 2021 (continued)

Note Mirae Asset Asia Mirae Asset GEM Mirae Asset Asia Mirae Asset Global Pacific Equity Fund Sector Leader Great Consumer Great Consumer Equity Fund Equity Fund Equity Fund* (USD) (USD) (USD) (USD) Net assets at the beginning of the year 36,319,678 6,342,406 562,652,954 4,043,375 Dividends (net of withholding tax) 2d 577,974 106,766 7,954,088 14,328 Net interest income 2c 151 144 79,668 58 Other income 12 — — — — Total income 578,125 106,910 8,033,756 14,386 Management company fees 5 21,822 18,234 330,375 18,233 Investment management fees 6 287,264 65,395 10,512,047 24,596 Custodian and depositary fees 3 58,298 46,525 634,955 27,702 Audit and legal fees 47,029 39,825 165,559 11,949 Administration and accounting fees 4 36,749 36,749 287,687 36,749 Registrar and transfer agent fees 4 26,470 26,894 166,440 5,213 Taxe d’abonnement 7 4,717 1,492 396,904 431 Publication & printing fees 207 39 4,540 21 Other taxes 12 311,600 15,842 3,241,871 10 Tax calculation and reporting fees 3,362 7,566 13,506 6,641 Transaction costs 16 312,538 52,234 4,167,588 32,332 Other expenses 23,639 17,185 187,390 8,377 Total expenses 1,133,695 327,980 20,108,862 172,254 Net income/(loss) from investments (555,570) (221,070) (12,075,106) (157,868) Net realised gain/(loss) on sales of investments in securities 2e 10,079,989 1,204,189 194,192,318 2,809,281 on forward foreign exchange contracts 2f (2,098) (237) (709,836) 1,324 on future contracts 2g — — — — on foreign exchange 2b (135,492) (22,227) (214,579) (272) Net change in unrealised appreciation/ (depreciation) on investments in securities 14,036,145 2,947,285 198,862,633 (670,253) on forward foreign exchanges contracts — — (685,099) — on future contracts — — — — Net change in net assets for the year 23,422,974 3,907,940 379,370,331 1,982,212 resulting from operations Proceeds from subscriptions 1,307,181 649,602 1,097,645,743 7,683,545 Payments for redemptions (18,396,493) (1,665,243) (426,389,416) (6,749,578) Dividends 11 — — (224) — Total movements in capital (17,089,312) (1,015,641) 671,256,103 933,967 Currency translation adjustment 2i — — — — Net assets at the end of the year 42,653,340 9,234,705 1,613,279,388 6,959,554

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statement of Operations and Changes in Net Assets for the Year Ended 31 March 2021 (continued)

Note Mirae Asset Asia Mirae Asset China Mirae Asset Next Growth Equity Fund Growth Equity Asia Pacific Equity Fund Fund*

(USD) (USD) (USD) Net assets at the beginning of the year 48,776,626 150,589,552 40,508,661 Dividends (net of withholding tax) 2d 1,501,502 998,107 452,584 Net interest income 2c 1,665 1,421 1,582 Other income 12 — — — Total income 1,503,167 999,528 454,166 Management company fees 5 68,919 124,077 23,135 Investment management fees 6 1,130,777 3,326,844 291,465 Custodian and depositary fees 3 108,206 144,903 51,810 Audit and legal fees 28,390 60,127 24,316 Administration and accounting fees 4 66,937 109,821 36,749 Registrar and transfer agent fees 4 19,439 45,046 10,108 Taxe d’abonnement 7 20,241 123,413 4,797 Publication & printing fees 948 1,914 232 Other taxes 12 268,615 1,432 225,357 Tax calculation and reporting fees 320 2,340 320 Transaction costs 16 1,198,573 1,190,868 87,032 Other expenses 26,221 79,968 17,067 Total expenses 2,937,586 5,210,753 772,388 Net income/(loss) from investments (1,434,419) (4,211,225) (318,222) Net realised gain/(loss) on sales of investments in securities 2e 45,720,634 24,964,778 14,478,800 on forward foreign exchange contracts 2f (7,017) (214,541) (455) on future contracts 2g — — — on foreign exchange 2b (795,849) (335,639) (73,541) Net change in unrealised appreciation/ (depreciation) on investments in securities 23,571,738 109,813,817 5,079,021 on forward foreign exchanges contracts — (88,129) — on future contracts — — — Net change in net assets for the year 67,055,087 129,929,061 19,165,603 resulting from operations Proceeds from subscriptions 192,421,303 344,315,522 — Payments for redemptions (13,159,532) (121,984,134) (19,071,388) Dividends 11 — — — Total movements in capital 179,261,771 222,331,388 (19,071,388) Currency translation adjustment 2i — — — Net assets at the end of the year 295,093,484 502,850,001 40,602,876

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statement of Operations and Changes in Net Assets for the Year Ended 31 March 2021 (continued)

Note Mirae Asset India Mid Mirae Asset Global Mirae Asset Global Cap Equity Fund* Dynamic Bond Discovery Fund Fund* Combined (USD) (USD) (EUR) Net assets at the beginning of the year 180,635,085 20,542,730 1,277,014,869 Dividends (net of withholding tax) 2d 1,958,859 96,183 15,695,511 Net interest income 2c — 681,476 1,116,412 Other income 12 — — 29,732 Total income 1,958,859 777,659 16,841,655 Management company fees 5 85,015 18,234 813,867 Investment management fees 6 1,282,213 59,522 17,743,092 Custodian and depositary fees 3 203,319 21,054 1,505,157 Audit and legal fees 113,875 21,988 670,968 Administration and accounting fees 4 83,512 36,749 886,306 Registrar and transfer agent fees 4 27,925 19,388 447,947 Taxe d’abonnement 7 22,863 2,324 597,421 Publication & printing fees 1,086 109 9,556 Other taxes 12 7,621,420 74 18,689,531 Tax calculation and reporting fees 856 722 49,640 Transaction costs 16 898,193 451 9,438,051 Other expenses 47,083 13,358 496,061 Total expenses 10,387,360 193,973 51,347,597 Net income/(loss) from investments (8,428,501) 583,686 (34,505,942) Net realised gain/(loss) on sales of investments in securities 2e 5,246,354 222,860 306,688,870 on forward foreign exchange contracts 2f (25,710) — (789,693) on future contracts 2g — 15,031 12,809 on foreign exchange 2b (252,028) (3,339) (2,777,412) Net change in unrealised appreciation/ (depreciation) on investments in securities 147,709,849 983,141 594,190,471 on forward foreign exchanges contracts — — (769,797) on future contracts — (16,423) (13,995) Net change in net assets for the year 144,249,964 1,784,956 862,035,311 resulting from operations Proceeds from subscriptions 2,197,338 1,843,710 1,569,306,926 Payments for redemptions (131,543,634) (2,823,986) (769,892,182) Dividends 11 — — (191) Total movements in capital (129,346,296) (980,276) 799,414,553 Currency translation adjustment 2i — — (85,587,746) Net assets at the end of the year 195,538,753 21,347,410 2,852,876,987

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019

Mirae Asset Korea Mirae Asset China Mirae Asset India Mirae Asset Asia Equity Fund* Sector Leader Sector Leader Sector Leader Equity Fund Equity Fund Equity Fund Net assets as at 31 March 2021 1,513,007 58,399,326 209,361,761 328,891,224 31 March 2020 2,066,442 8,650,843 122,225,442 197,045,469 31 March 2019 3,286,822 9,443,205 145,404,910 469,311,784 Net asset value per share (in class currency) A Capitalisation USD share 31 March 2021 13.77 30.55 19.88 19.36 31 March 2020 8.12 17.59 11.26 11.19 31 March 2019 10.86 17.33 16.27 13.36 A Capitalisation EUR share 31 March 2021 11.58 5.81 12.14 14.16 31 March 2020 7.32 — 7.37 8.78 31 March 2019 9.54 — 10.37 10.22 A Capitalisation EUR Hedged share 31 March 2021 — — 14.44 14.19 31 March 2020 — — — 8.33 31 March 2019 — — — 10.28 A Capitalisation CHF Hedged share 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — — A Capitalisation GBP share 31 March 2021 — — — — 31 March 2020 — — — 7.80 31 March 2019 — — — 8.78 C Capitalisation USD share 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — 10.58 E Capitalisation USD share 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — — E Capitalisation GBP share 31 March 2021 — — — — 31 March 2020 — — — — I Capitalisation USD share 31 March 2021 — 8.03 20.98 20.20 31 March 2020 11.02 — 11.82 11.62 31 March 2019 14.65 — 16.98 13.80 I Capitalisation EUR share 31 March 2021 — — 11.14 — 31 March 2020 — — 6.73 8.60 31 March 2019 — — 9.42 9.96 I Capitalisation EUR Hedged share 31 March 2021 — — — — I Capitalisation GBP share 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — 8.94 J Capitalisation JPY share 31 March 2021 — — — 235.51 31 March 2020 — — — 132.42 31 March 2019 — — — 159.62 K Capitalisation USD share 31 March 2021 — 24.79 22.00 26.91 31 March 2020 — 14.15 12.35 15.43 31 March 2019 — 13.81 17.68 18.25 N Capitalisation AUD share 31 March 2021 — — — 17.54 31 March 2020 — — — 12.49 31 March 2019 — — — 12.61 R Capitalisation USD share 31 March 2021 — 10.07 15.87 16.60 31 March 2020 8.03 — 8.92 9.52 31 March 2019 — — 12.78 11.28

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset Korea Mirae Asset China Mirae Asset India Mirae Asset Asia Equity Fund* Sector Leader Sector Leader Sector Leader Equity Fund Equity Fund Equity Fund R Capitalisation EUR share 31 March 2021 — 8.58 16.76 13.54 31 March 2020 — — 10.10 8.33 31 March 2019 — — — 9.62 R Capitalisation EUR Hedged share 31 March 2021 — — 15.88 9.28 31 March 2020 — — 9.08 5.42 31 March 2019 — — — 6.64 R Capitalisation CHF Hedged share 31 March 2021 — — — — R Capitalisation GBP share 31 March 2021 — — 12.98 12.64 31 March 2020 — — 8.12 8.07 31 March 2019 — — 10.98 9.02 Z Distribution USD share 31 March 2021 — — — — Z Capitalisation GBP share 31 March 2021 — — — 10.57 31 March 2020 — — — 6.74 31 March 2019 — — — 7.51 Z Distribution GBP share 31 March 2021 — — — — Number of shares outstanding A Capitalisation USD 31 March 2021 105,177.520 352,296.705 273,973.048 673,656.402 31 March 2020 122,095.697 18,311.725 100,020.442 987,666.349 31 March 2019 165,450.644 51,264.472 108,795.063 1,470,648.115 A Capitalisation EUR 31 March 2021 4,755.078 40,895.218 226,509.670 1,888,764.549 31 March 2020 733.029 — 156,282.599 1,685,261.944 31 March 2019 926.181 — 225,464.141 2,376,924.921 A Capitalisation EUR Hedged 31 March 2021 — — 278.396 411,392.324 31 March 2020 — — — 177,899.163 31 March 2019 — — — 10,963.619 A Capitalisation CHF Hedged 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — — A Capitalisation GBP 31 March 2021 — — — — 31 March 2020 — — — 4,721.870 31 March 2019 — — — 16,715.637 C Capitalisation USD 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — 27,975.867 E Capitalisation USD 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — — E Capitalisation GBP 31 March 2021 — — — — 31 March 2020 — — — — I Capitalisation USD 31 March 2021 — 74,673.770 253,665.979 3,317,438.144 31 March 2020 93,460.196 — 292,159.301 3,999,808.022 31 March 2019 101,043.666 — 220,726.782 8,213,224.697

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset Korea Mirae Asset China Mirae Asset India Mirae Asset Asia Equity Fund* Sector Leader Sector Leader Sector Leader Equity Fund Equity Fund Equity Fund I Capitalisation EUR 31 March 2021 — — 3,491,600.083 — 31 March 2020 — — 3,496,195.501 143,363.000 31 March 2019 — — 139,452.367 291,459.000 I Capitalisation EUR Hedged 31 March 2021 — — — — I Capitalisation GBP 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — 1,638.000 J Capitalisation JPY 31 March 2021 — — — 16,252,516.550 31 March 2020 — — — 21,749,722.230 31 March 2019 — — — 28,868,106.680 K Capitalisation USD 31 March 2021 — 1,886,193.168 3,698,380.322 1,469,833.183 31 March 2020 — 588,747.966 4,002,254.864 1,033,875.129 31 March 2019 — 619,447.966 4,269,579.262 463,590.376 N Capitalisation AUD 31 March 2021 — — — 875,084.150 31 March 2020 — — — 870,985.726 31 March 2019 — — — 886,137.241 R Capitalisation USD 31 March 2021 — 250.000 34,299.681 2,938,075.748 31 March 2020 4,943.000 — 166,410.020 3,152,708.085 31 March 2019 — — 2,679,284.122 10,858,948.490 R Capitalisation EUR 31 March 2021 — 297.619 18,930.640 1,884,803.834 31 March 2020 — — 271.739 1,221,089.301 31 March 2019 — — — 1,653,037.750 R Capitalisation EUR Hedged 31 March 2021 — — 6,240.000 788,344.217 31 March 2020 — — 275.330 324,893.951 31 March 2019 — — — 28,534.533 R Capitalisation CHF Hedged 31 March 2021 — — — — R Capitalisation GBP 31 March 2021 — — 3,767,651.583 10,929.331 31 March 2020 — — 3,955,566.071 68,657.825 31 March 2019 — — 1,811,206.372 865,133.023 Z Distribution USD 31 March 2021 — — — — Z Capitalisation GBP 31 March 2021 — — — 2,560,344.173 31 March 2020 — — — 3,294,629.142 31 March 2019 — — — 9,792,359.666 Z Distribution GBP 31 March 2021 — — — —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset Asia Mirae Asset GEM Mirae Asset Asia Mirae Asset Global Pacific Equity Fund Sector Leader Great Consumer Great Consumer Equity Fund Equity Fund Equity Fund* Net assets as at 31 March 2021 42,653,340 9,234,705 1,613,279,388 6,959,554 31 March 2020 36,319,678 6,342,406 562,652,954 4,043,375 31 March 2019 49,446,505 11,458,364 572,951,207 5,207,657 Net asset value per share (in class currency) A Capitalisation USD share 31 March 2021 25.88 17.79 24.46 — 31 March 2020 14.99 10.86 16.52 — 31 March 2019 18.07 13.46 16.37 — A Capitalisation EUR share 31 March 2021 20.32 — 19.51 — 31 March 2020 12.62 — 14.12 — 31 March 2019 14.83 — 13.64 — A Capitalisation EUR Hedged share 31 March 2021 — — 15.09 — 31 March 2020 — — 10.35 — 31 March 2019 — — 10.59 — A Capitalisation CHF Hedged share 31 March 2021 — — 16.16 — 31 March 2020 — — 11.11 — 31 March 2019 — — 11.41 — A Capitalisation GBP share 31 March 2021 — — 10.79 — 31 March 2020 — — 7.99 — 31 March 2019 — — 7.47 — C Capitalisation USD share 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — — E Capitalisation USD share 31 March 2021 — — — 9.79 31 March 2020 — — — — 31 March 2019 — 9.63 — — E Capitalisation GBP share 31 March 2021 — — — — 31 March 2020 — — — — I Capitalisation USD share 31 March 2021 28.43 — 25.80 — 31 March 2020 16.40 — 17.33 — 31 March 2019 19.66 — 17.08 — I Capitalisation EUR share 31 March 2021 — — 15.95 — 31 March 2020 — — 11.48 — 31 March 2019 — — 11.03 — I Capitalisation EUR Hedged share 31 March 2021 — — 9.27 — I Capitalisation GBP share 31 March 2021 18.61 — — — 31 March 2020 11.94 — — — 31 March 2019 13.49 — — — J Capitalisation JPY share 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — — K Capitalisation USD share 31 March 2021 21.92 15.63 27.42 24.66 31 March 2020 12.60 9.46 18.35 17.00 31 March 2019 15.05 11.64 18.03 19.50 N Capitalisation AUD share 31 March 2021 — — 31.29 — 31 March 2020 — — 26.03 — 31 March 2019 — — 21.80 —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset Asia Mirae Asset GEM Mirae Asset Asia Mirae Asset Global Pacific Equity Fund Sector Leader Great Consumer Great Consumer Equity Fund Equity Fund Equity Fund* R Capitalisation USD share 31 March 2021 — — 18.46 — 31 March 2020 — — 12.37 — 31 March 2019 — — 12.17 — R Capitalisation EUR share 31 March 2021 — — 15.75 — 31 March 2020 — — 11.31 — 31 March 2019 — — 10.85 — R Capitalisation EUR Hedged share 31 March 2021 — — 12.22 — 31 March 2020 — — — — 31 March 2019 — — — — R Capitalisation CHF Hedged share 31 March 2021 — — 8.86 — R Capitalisation GBP share 31 March 2021 — — 13.88 — 31 March 2020 — — 10.36 — 31 March 2019 — — 9.61 — Z Distribution USD share 31 March 2021 — — 10.10 — Z Capitalisation GBP share 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — — Z Distribution GBP share 31 March 2021 — — 7.34 — Number of shares outstanding A Capitalisation USD 31 March 2021 7,583.860 103,403.523 6,183,923.254 — 31 March 2020 48,213.914 95,150.258 4,635,859.246 — 31 March 2019 50,543.340 91,216.150 6,033,304.492 — A Capitalisation EUR 31 March 2021 14,470.544 — 3,819,718.124 — 31 March 2020 22,186.478 — 1,105,016.913 — 31 March 2019 28,307.454 — 820,559.567 — A Capitalisation EUR Hedged 31 March 2021 — — 3,256,508.219 — 31 March 2020 — — 322,703.229 — 31 March 2019 — — 117,669.204 — A Capitalisation CHF Hedged 31 March 2021 — — 208,451.591 — 31 March 2020 — — 83,825.000 — 31 March 2019 — — 70,420.000 — A Capitalisation GBP 31 March 2021 — — 7,350.000 — 31 March 2020 — — 5,000.000 — 31 March 2019 — — 5,000.000 — C Capitalisation USD 31 March 2021 — — — — 31 March 2020 — — — — 31 March 2019 — — — — E Capitalisation USD 31 March 2021 — — — 300,000.000 31 March 2020 — — — — 31 March 2019 — 236,992.680 — — E Capitalisation GBP 31 March 2021 — — — — 31 March 2020 — — — —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset GEM Mirae Asset Asia Mirae Asset Global Sector Leader Great Consumer Great Consumer Equity Fund Equity Fund Equity Fund* I Capitalisation USD 31 March 2021 — 7,976,840.410 — 31 March 2020 — 3,183,569.546 — 31 March 2019 — 5,526,182.043 — I Capitalisation EUR 31 March 2021 — 2,730,479.895 — 31 March 2020 — 2,023,260.602 — 31 March 2019 — 2,032,817.629 — I Capitalisation EUR Hedged 31 March 2021 — 28,910.023 — I Capitalisation GBP 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — J Capitalisation JPY 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — K Capitalisation USD 31 March 2021 473,131.473 16,958,131.864 163,130.633 31 March 2020 560,951.129 12,998,351.123 237,876.481 31 March 2019 682,999.118 14,278,211.793 267,102.539 N Capitalisation AUD 31 March 2021 — 182,372.026 — 31 March 2020 — 154,466.599 — 31 March 2019 — 2,093,047.116 — R Capitalisation USD 31 March 2021 — 10,389,501.642 — 31 March 2020 — 4,426,597.514 — 31 March 2019 — 3,184,817.379 — R Capitalisation EUR 31 March 2021 — 11,654,072.448 — 31 March 2020 — 6,640,723.882 — 31 March 2019 — 598,388.050 — R Capitalisation EUR Hedged 31 March 2021 — 1,822,918.275 — 31 March 2020 — — — 31 March 2019 — — — R Capitalisation CHF Hedged 31 March 2021 — 54,530.126 — R Capitalisation GBP 31 March 2021 — 7,028,037.914 — 31 March 2020 — 442,799.456 — 31 March 2019 — 313,051.759 — Z Distribution USD 31 March 2021 — 779,169.056 — Z Capitalisation GBP 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — Z Distribution GBP 31 March 2021 — 1,060,720.885 —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset Asia Mirae Asset China Mirae Asset Next Asia Growth Equity Fund Growth Equity Fund Pacific Equity Fund*

Net assets as at 31 March 2021 295,093,484 502,850,001 40,602,876 31 March 2020 48,776,626 150,589,552 40,508,661 31 March 2019 35,049,318 112,916,262 68,930,546 Net asset value per share (in class currency) A Capitalisation USD share 31 March 2021 11.68 21.08 — 31 March 2020 — 12.10 — 31 March 2019 — 11.75 — A Capitalisation EUR share 31 March 2021 10.02 9.35 — 31 March 2020 — — — 31 March 2019 — — — A Capitalisation EUR Hedged share 31 March 2021 — 9.93 — 31 March 2020 — — — 31 March 2019 — — — A Capitalisation CHF Hedged share 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — A Capitalisation GBP share 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — C Capitalisation USD share 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — E Capitalisation USD share 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — E Capitalisation GBP share 31 March 2021 — 12.25 — 31 March 2020 — 7.73 — I Capitalisation USD share 31 March 2021 23.96 18.38 — 31 March 2020 12.80 10.49 — 31 March 2019 12.97 10.13 — I Capitalisation EUR share 31 March 2021 — 19.47 — 31 March 2020 — 11.91 — 31 March 2019 — 11.20 — I Capitalisation EUR Hedged share 31 March 2021 — — — I Capitalisation GBP share 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — J Capitalisation JPY share 31 March 2021 — — 195.81 31 March 2020 — — 126.57 31 March 2019 — — 132.09

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset Asia Mirae Asset China Mirae Asset Next Asia Growth Equity Fund Growth Equity Fund Pacific Equity Fund*

K Capitalisation USD share 31 March 2021 16.69 28.31 — 31 March 2020 8.88 16.10 — 31 March 2019 8.97 15.49 — N Capitalisation AUD share 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — R Capitalisation USD share 31 March 2021 10.49 17.05 — 31 March 2020 — 9.72 — 31 March 2019 — 9.36 — R Capitalisation EUR share 31 March 2021 — 14.06 — 31 March 2020 — 8.59 — 31 March 2019 — 8.06 — R Capitalisation EUR Hedged share 31 March 2021 — 11.62 — 31 March 2020 — — — 31 March 2019 — 9.19 — R Capitalisation CHF Hedged share 31 March 2021 — — — R Capitalisation GBP share 31 March 2021 — 8.16 — 31 March 2020 — — — 31 March 2019 — — — Z Distribution USD share 31 March 2021 — — — Z Capitalisation GBP share 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — Z Distribution GBP share 31 March 2021 — — — Number of shares outstanding A Capitalisation USD 31 March 2021 13,123.482 6,213,397.917 — 31 March 2020 — 4,433,150.000 — 31 March 2019 — 5,122.915 — A Capitalisation EUR 31 March 2021 1,278.715 64,317.086 — 31 March 2020 — — — 31 March 2019 — — — A Capitalisation EUR Hedged 31 March 2021 — 45,996.753 — 31 March 2020 — — — 31 March 2019 — — — A Capitalisation CHF Hedged 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — A Capitalisation GBP 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset Asia Mirae Asset China Mirae Asset Next Asia Growth Equity Fund Growth Equity Fund Pacific Equity Fund*

C Capitalisation USD 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — E Capitalisation USD 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — E Capitalisation GBP 31 March 2021 — 997,231.110 — 31 March 2020 — 59,090.909 — I Capitalisation USD 31 March 2021 1,790,031.699 3,111,484.420 — 31 March 2020 4,606.142 1,429,751.814 — 31 March 2019 4,606.142 659,899.571 — I Capitalisation EUR 31 March 2021 — 369.639 — 31 March 2020 — 286.369 — 31 March 2019 — 286.369 — I Capitalisation EUR Hedged 31 March 2021 — — — I Capitalisation GBP 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — J Capitalisation JPY 31 March 2021 — — 22,946,293.521 31 March 2020 — — 34,768,604.299 31 March 2019 — — 57,793,364.792 K Capitalisation USD 31 March 2021 14,066,809.248 4,385,317.212 — 31 March 2020 5,485,287.541 4,809,867.158 — 31 March 2019 3,899,423.971 6,023,800.932 — N Capitalisation AUD 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — R Capitalisation USD 31 March 2021 1,648,589.623 5,918,795.050 — 31 March 2020 — 200,346.000 — 31 March 2019 — 199,475.000 — R Capitalisation EUR 31 March 2021 — 3,593,933.083 — 31 March 2020 — 210,084.336 — 31 March 2019 — 1,184,854.336 — R Capitalisation EUR Hedged 31 March 2021 — 880,595.997 — 31 March 2020 — — — 31 March 2019 — 22,270.000 — R Capitalisation CHF Hedged 31 March 2021 — — — R Capitalisation GBP 31 March 2021 — 20,520.000 — 31 March 2020 — — — 31 March 2019 — — —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset Asia Mirae Asset China Mirae Asset Next Asia Growth Equity Fund Growth Equity Fund Pacific Equity Fund*

Z Distribution USD 31 March 2021 — — — Z Capitalisation GBP 31 March 2021 — — — 31 March 2020 — — — 31 March 2019 — — — Z Distribution GBP 31 March 2021 — — —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset India Mid Cap Mirae Asset Global Dynamic Equity Fund* Bond Fund* Net assets as at 31 March 2021 195,538,753 21,347,410 31 March 2020 180,635,085 20,542,730 31 March 2019 405,598,537 24,727,667 Net asset value per share (in class currency) A Capitalisation USD share 31 March 2021 — 12.50 31 March 2020 — 11.59 31 March 2019 — 11.75 A Capitalisation EUR share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — A Capitalisation EUR Hedged share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — A Capitalisation CHF Hedged share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — A Capitalisation GBP share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — C Capitalisation USD share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — E Capitalisation USD share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — E Capitalisation GBP share 31 March 2021 — — 31 March 2020 — — I Capitalisation USD share 31 March 2021 13.18 12.87 31 March 2020 6.81 11.87 31 March 2019 10.15 11.97 I Capitalisation EUR share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — I Capitalisation EUR Hedged share 31 March 2021 — — I Capitalisation GBP share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — J Capitalisation JPY share 31 March 2021 118.43 — 31 March 2020 59.82 — 31 March 2019 90.50 —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset India Mid Cap Mirae Asset Global Dynamic Equity Fund* Bond Fund* K Capitalisation USD share 31 March 2021 — 13.19 31 March 2020 — 12.13 31 March 2019 — 12.20 N Capitalisation AUD share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — R Capitalisation USD share 31 March 2021 11.56 — 31 March 2020 5.96 — 31 March 2019 8.86 — R Capitalisation EUR share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — R Capitalisation EUR Hedged share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — R Capitalisation CHF Hedged share 31 March 2021 — — R Capitalisation GBP share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — Z Distribution USD share 31 March 2021 — — Z Capitalisation GBP share 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — Z Distribution GBP share 31 March 2021 — — Number of shares outstanding A Capitalisation USD 31 March 2021 — 10,485.967 31 March 2020 — 11,196.139 31 March 2019 — 39,717.730 A Capitalisation EUR 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — A Capitalisation EUR Hedged 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — A Capitalisation CHF Hedged 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — A Capitalisation GBP 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — C Capitalisation USD 31 March 2021 — — 31 March 2020 — — 31 March 2019 — —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Financial Statements Statistical Information as at 31 March 2021, 31 March 2020 and 31 March 2019 (continued)

Mirae Asset India Mid Cap Mirae Asset Global Dynamic Equity Fund* Bond Fund* E Capitalisation USD 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — E Capitalisation GBP 31 March 2021 — — 31 March 2020 — — I Capitalisation USD 31 March 2021 485,695.378 58,193.656 31 March 2020 485,695.378 117,065.676 31 March 2019 485,695.378 520,176.417 I Capitalisation EUR 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — I Capitalisation EUR Hedged 31 March 2021 — — I Capitalisation GBP 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — J Capitalisation JPY 31 March 2021 174,786,305.474 — 31 March 2020 320,690,423.321 — 31 March 2019 489,024,113.954 — K Capitalisation USD 31 March 2021 — 1,552,215.924 31 March 2020 — 1,568,640.654 31 March 2019 — 1,478,204.977 N Capitalisation AUD 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — R Capitalisation USD 31 March 2021 180,215.097 — 31 March 2020 124,643.643 — 31 March 2019 118,233.000 — R Capitalisation EUR 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — R Capitalisation EUR Hedged 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — R Capitalisation CHF Hedged 31 March 2021 — — R Capitalisation GBP 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — Z Distribution USD 31 March 2021 — — Z Capitalisation GBP 31 March 2021 — — 31 March 2020 — — 31 March 2019 — — Z Distribution GBP 31 March 2021 — —

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Notes to the Financial Statements For the year ended 31 March 2021

1. Description of the Company 2. Significant Accounting Policies

Mirae Asset Global Discovery Fund (referred to hereafter The financial statements have been prepared in as the “Company”) is an open-ended investment accordance with Luxembourg legal and regulatory company with variable capital incorporated under the requirements applicable to investment funds. The laws of the Grand Duchy of Luxembourg as a “Société following is a summary of significant accounting policies d’Investissement à Capital Variable” (SICAV) under the followed by the sub-funds. form of a “société anonyme”. The Company is governed by the law of the Grand Duchy of Luxembourg of 10 a) Valuation of Investment in Securities

August 1915 on commercial companies, as amended, Securities which are listed or traded on any Regulated and by Part I of the law of 17 December 2010, as Market, stock exchange in an Other State or Other amended. Regulated Market are valued at the closing price on The Company was incorporated for an unlimited period such markets. of time on 30 April 2008. The registered office of the If a security is listed or traded on several markets, the Company is established at 31, z.a. Bourmicht, L-8070 closing price at the market which constitutes the main Bertrange, Grand Duchy of Luxembourg. market for such securities is determined. The Articles have been deposited with the Chancery Securities not listed or traded on any Regulated Market, of the District Court of Luxembourg and published in stock exchange in an Other State or Other Regulated the Memorial on 16 June 2008. The Articles have been Market are valued at their last available market price. last amended on 29 June 2012, with publication in the Memorial dated 24 August 2012. Securities for which no price quotation is available or for which the closing price at the market is not representative As of 31 March 2021, the Company issued shares of the of the fair market value, are valued prudently, and in following sub-funds for subscription: good faith by the Board of Directors on the basis of their – Mirae Asset Korea Equity Fund* reasonably foreseeable sales prices. – Mirae Asset China Sector Leader Equity Fund – Mirae Asset India Sector Leader Equity Fund Units or shares of open-ended UCIs (undertakings for – Mirae Asset Asia Sector Leader Equity Fund collective investment) are valued at their last official – Mirae Asset Asia Pacific Equity Fund net asset values, excluding redemption fees, if any, as – Mirae Asset GEM Sector Leader Equity Fund reported or provided by such UCIs or their agents, or – Mirae Asset Asia Great Consumer Equity Fund at their last unofficial net asset values (i.e. estimates – Mirae Asset Global Great Consumer Equity Fund* of net asset values) if more recent than their last – Mirae Asset Asia Growth Equity Fund official net asset values, provided that due diligence – Mirae Asset China Growth Equity Fund has been carried out by the Investment Manager, in – Mirae Asset Next Asia Pacific Equity Fund* accordance with instructions and under the overall – Mirae Asset India Mid Cap Equity Fund* control and responsibility of the Board of Directors, as – Mirae Asset Global Dynamic Bond Fund* to the reliability of such unofficial net asset values. The Net Asset Value calculated on the basis of unofficial As of 31 March 2021, the following classes of shares are net asset values of target UCIs may differ from the net offered to investors: Class A, Class B, Class C, Class asset value which would have been calculated, on the E, Class I, Class J, Class K, Class N, Class P, Class Q, relevant Valuation Day, on the basis of the official net Class R, Class X and Class Z. asset values determined by the administrative agents of The Company may in the future create new sub-funds the target UCIs. The Net Asset Value is final and binding and new share classes.

* Not authorized in Hong Kong and not available to Hong Kong Residents.

Notes to the Financial Statements For the year ended 31 March 2021 (continued)

notwithstanding any different later determination. Units e) Net Realised Gain/(Loss) on Sales of Investments or shares of quoted closed-ended UCIs are valued at in Securities their last available stock market value. The net realised gain or loss on sales of investments in The Board of Directors has appointed a Pricing Committee securities is calculated on the basis of average cost of which shall be entitled to approve the mechanisms of securities sold. monitoring for significant events, along with decisions on whether a substantial proportion of the investments f) Forward Foreign Exchange Contracts have been affected by the significant event and a fair Forward foreign exchange contracts, if any, are valued value pricing of the portfolios is needed. on the basis of forward foreign exchange rates prevailing In a case where none of the members of the Pricing on the net asset value date and the resulting net change Committee is available for making a decision, it shall be in net unrealised appreciation or depreciation is included the responsibility of the Board to decide how to proceed in the Statement of Operations and Changes in Net with the fair valuation of the assets in order to serve the Assets, under the heading “Net change in unrealised best interests of shareholders. appreciation/(depreciation) on forward foreign exchange contracts”. The realised gain/(loss) on forward foreign b) Conversion of Foreign Currencies exchange contracts is disclosed in the Statement of Operations and Changes in Net Assets. The financial statements and accounting records of each sub-fund are expressed in the reference currency of the g) Futures Contracts relevant sub-fund. Outstanding futures contracts, if any, are valued on the Transactions in currencies other than the sub-fund’s basis of futures exchange values prevailing on the net reference currency are translated into the sub-fund’s asset value date. The realized gain/(loss) on futures reference currency at the exchange rate ruling at the contracts is disclosed in the Statement of Operations and date of the transactions. Changes in Net Assets under the heading “Net realized gain/(loss) on futures contracts”. The unrealized gain/ Assets and liabilities denominated in currencies other (loss) on futures contracts is disclosed in the Statement than the sub-fund’s reference currency are translated into of Net Assets under the heading “Unrealized gain/(loss) the sub-fund’s reference currency at the exchange rate on futures contracts”. on the Statement of Net Assets date. Any resulting gains or losses are recognised in the Statement of Operations h) Options Contracts and Changes in Net Assets under the heading “Net realised gain/(loss) on foreign exchange”. Outstanding options contracts, if any, are valued at the close of business market price or the last available Main exchange rates used as of 31 March 2021 are: market price of the instruments. 1 USD = 1.312939 AUD 0.943150 CHF The market value of options, if any, is included in the 0.852152 EUR Statement of Net Assets under the line “Options at market 0.726533 GBP value”. 110.659987 JPY The realised gain/(loss) on options, if any, is disclosed in c) Interest Income the Statement of Operations and Changes in Net Assets under the line “Net realised profit/(loss) on options”. Interest income includes interest applied to bonds and to bank accounts. It is accrued gross on a daily basis. i) Combined Figures d) Dividend Income The combined Statement of Net Assets and the combined Statement of Operations and Changes in Net Assets are Dividends are credited to income on an ‘’ex-dividend’’ expressed in Euro and are presented for information basis net of any irrecoverable withholding tax. purposes only.

Notes to the Financial Statements For the year ended 31 March 2021 (continued)

For this purpose, the corresponding statements of each The maximum fee payable to the Depositary is 0.0225% sub-fund have been translated into Euro at the exchange per annum, plus any applicable custody fees, which vary rates prevailing at the date of the financial statements. by jurisdiction and do not exceed 0.50% per annum in The difference between opening net assets stated at any jurisdiction, in each case based on the Net Asset exchange rates ruling at the beginning of the period and Value of the sub-fund, unless the Net Asset Value of the its value at the end of the period is shown as a “currency sub-fund falls below certain levels in which case agreed translation adjustment” in the Statement of Operations minimums will apply. In addition, the fees for settlement and Changes in Net Assets. vary depending upon the country in which the relevant activity takes place, up to a maximum of USD90 per j) Legal, Regulatory and Professional Expenses transaction.

In cases where the legal, regulatory and professional 4. Registrar and Transfer Agent, Domiciliary, fees incurred by the Company can be directly attributed Administrative and Paying Agent fees to the relevant sub-fund which incurred such fees, this sub-fund is the one bearing such fees. The Company pays fees for these services at the commercial rates agreed from time to time between the In cases where these fees cannot be attributed to a parties plus reasonable out-of-pocket expenses. specific sub-fund or affect the Company as a whole, such fees are attributed to all sub-funds on an equitable Domiciliary, Administrative and Paying Agent fees are up basis pro rata to their respective net asset value as at the to 0.04% per annum of the Net Assets of each sub-fund, date of the relevant invoice. The Board of Directors, the unless the Net Asset Value of the sub-fund falls below Management Company and/or the Principal Investment certain levels in which case agreed minimums will apply. Manager shall in such case endeavour to ensure that such fees are fair and reasonable. Registrar and Transfer Agent fees are calculated on a per transaction basis, the maximum amount being USD20. A portion of the expenses attributable to each sub-fund may however be borne by the Principal Investment 5. Management Company Fees

Manager on a fair and equitable basis; reducing, as The Company pays to the Management Company an the case may be, the expenses to be charged to the sub- annual management company fee amounting to a funds. No such fees were borne by the Principal maximum rate of 0.05% per year of the Net Asset Value Investment Manager for the year ended 31 March 2021. of each sub-fund. The Management Company fee is k) Use of Estimates payable monthly in arrears and calculated on the last Net Asset Value of each month with a minimum annual fee The preparation of the financial statements in conformity of EUR 15,000 per sub-fund, according to the following with Luxembourg legal and regulatory requirements schedule: requires management to make estimates and assumptions Assets under management (in EUR) Rate

that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the 50,000,000 0.05% date of the financial statements and the reported amounts 100,000,000 0.04% of revenues and expenses during the reported periods. 500,000,000 0.03% Actual results could differ from those estimates. 999,999,999,999 0.02%

3. Depositary Fees The list of the funds managed by the Management The Company pays a depositary fee calculated principally Company, may be obtained, on simple request, at the by reference to the Net Asset Value of the Company on registered office of the Management Company. each dealing day and payable monthly in arrears.

The fee paid by the Company depends upon the markets in which the assets of the Company are invested and custodied.

Notes to the Financial Statements For the year ended 31 March 2021 (continued)

6. Investment Management Fees In addition, the Company will pay management fees of the target UCITS in the case of investment in other The Company pays to the Principal Investment Manager UCITS. However, when the sub-fund invests in the and Investment Managers an annual management fee, shares or units of other UCITS and/or other UCIs that accrued daily and payable monthly in arrears, amounting are managed, directly or by delegation, by the same to a set rate of the Net Asset Value of each sub-fund management company or by any other company to which is as follows: which the management company is linked by common

management or control or by a substantial direct or Class Maximum rates Maximum rates Equity sub-funds Bond sub-funds indirect holding, that management company or other Class A 2.00% 0.95% company may not charge any subscription nor redemption fees on account of the sub-fund’ investment in the units Class B 0.65% – of other UCITS and/or other UCI. Class E 0.35% – Class I 1.00% 0.55% 7. Taxation Class J 0.65%* – Under current law and practice, the Company is not liable Class K 0.65% 0.65% to any Luxembourg tax on income or capital gains, nor Class R 0.75% 0.50% are dividends (if any) paid by the Company liable to any Class Z 0.50% – Luxembourg withholding tax.

There is no management fee for Class C, Class N and The Company is, however, liable in Luxembourg to a Class X. taxe d’abonnement of 0.05% per annum of its Net Asset Value, such tax being payable quarterly and calculated The effective rates respectively charged to the classes on the Net Asset Value of the sub-funds at the end of are as follows: the relevant calendar quarter. However, such rate is

Class Effective rates Effective rates decreased to 0.01% per annum of their Net Asset Value Equity sub-funds Bond sub-funds for specific classes of shares or sub-funds which are Class A 1.50% 0.95% restricted to Institutional Investors as specified in the Prospectus. Class B 0.65% – Class E 0.35%** – No Luxembourg tax is payable on the realised capital Class I 1.00% 0.55% appreciation of the assets of the Company. Class J 0.59%*** – Dividends, capital gains and interest received by the Class K 0.65% 0.65%**** Company on its investments may be subject to non- Class R 0.75% – recoverable withholdings or other taxes in the countries Class Z 0.50% – of origin.

The Principal Investment Manager is responsible for the payment of the fees of the Investment Managers.

* The maximum rate is 0.59% for Mirae Asset Asia Sector Leader Equity Fund – Class J and Mirae Asset India Mid Cap Equity Fund – Class J. ** 0.25% for Mirae Asset China Growth Equity Fund *** 0.65% for Mirae Asset Next Asia Pacific Equity Fund **** 0.25% for Mirae Asset Global Dynamic Bond Fund

Notes to the Financial Statements For the year ended 31 March 2021 (continued)

8. Forward Foreign Exchange Contracts

As of 31 March 2021, the following sub-funds are committed to outstanding forward foreign exchange contracts as follows. As of 31 March 2021, the purpose of all the forward foreign exchange contracts shown below is to hedge the currency exposure of the share classes.

Mirae Asset India Sector Leader Equity Fund

Purchase Sale Maturity Date Hedged class Counterparty Unrealised Currency Amount Currency Amount Result in USD USD 2,943 EUR 2,490 30-Apr-2021 R Capitalisation Citibank 19 EUR Hedged USD 121 EUR 103 30-Apr-2021 A Capitalisation Citibank 1 EUR Hedged Unrealised gain on forward foreign exchange contracts 20

Purchase Sale Maturity Date Hedged class Counterparty Unrealised Currency Amount Currency Amount Result in USD EUR 100,966 USD 119,393 30-Apr-2021 R Capitalisation Citibank (836) EUR Hedged EUR 4,097 USD 4,844 30-Apr-2021 A Capitalisation Citibank (34) EUR Hedged Unrealised loss on forward foreign exchange contracts (870)

Mirae Asset Asia Sector Leader Equity Fund

Purchase Sale Maturity Date Hedged class Counterparty Unrealised Currency Amount Currency Amount Result in USD USD 227,755 EUR 192,719 30-Apr-2021 A Capitalisation Citibank 1,455 EUR Hedged USD 168,482 EUR 142,564 30-Apr-2021 R Capitalisation Citibank 1,076 EUR Hedged USD 11,166 EUR 9,452 30-Apr-2021 A Capitalisation Citibank 67 EUR Hedged EUR 107,597 USD 126,289 30-Apr-2021 R Capitalisation Citibank 55 EUR Hedged EUR 14,000 USD 16,432 30-Apr-2021 R Capitalisation Citibank 8 EUR Hedged Unrealised gain on forward foreign exchange contracts 2,661

Purchase Sale Maturity Date Hedged class Counterparty Unrealised Currency Amount Currency Amount Result in USD EUR 7,330,842 USD 8,668,823 30-Apr-2021 R Capitalisation Citibank (60,655) EUR Hedged EUR 5,972,338 USD 7,062,373 30-Apr-2021 A Capitalisation Citibank (49,415) EUR Hedged EUR 20,582 USD 24,242 30-Apr-2021 R Capitalisation Citibank (74) EUR Hedged EUR 4,635 USD 5,488 30-Apr-2021 R Capitalisation Citibank (46) EUR Hedged EUR 5,220 USD 6,150 30-Apr-2021 R Capitalisation Citibank (21) EUR Hedged Unrealised loss on forward foreign exchange contracts (110,211)

Notes to the Financial Statements For the year ended 31 March 2021 (continued)

Mirae Asset Asia Great Consumer Equity Fund

Purchase Sale Maturity Date Hedged class Counterparty Unrealised Currency Amount Currency Amount Result in USD USD 899,520 EUR 761,147 30-Apr-2021 A Capitalisation Citibank 5,747 EUR Hedged USD 657,808 EUR 557,822 30-Apr-2021 A Capitalisation Citibank 2,790 EUR Hedged USD 408,154 EUR 345,368 30-Apr-2021 R Capitalisation Citibank 2,608 EUR Hedged USD 297,297 EUR 252,108 30-Apr-2021 R Capitalisation Citibank 1,261 EUR Hedged USD 134,507 EUR 113,590 30-Apr-2021 A Capitalisation Citibank 1,124 EUR Hedged USD 139,796 CHF 130,688 30-Apr-2021 A Capitalisation Citibank 1,116 CHF Hedged USD 104,388 EUR 88,628 30-Apr-2021 A Capitalisation Citibank 317 EUR Hedged USD 28,222 EUR 23,833 30-Apr-2021 R Capitalisation Citibank 236 EUR Hedged USD 37,468 EUR 31,718 30-Apr-2021 A Capitalisation Citibank 223 EUR Hedged EUR 379,811 USD 445,794 30-Apr-2021 A Capitalisation Citibank 196 EUR Hedged USD 19,822 CHF 18,531 30-Apr-2021 R Capitalisation Citibank 158 CHF Hedged USD 41,270 EUR 35,027 30-Apr-2021 A Capitalisation Citibank 139 EUR Hedged USD 103,749 CHF 97,680 30-Apr-2021 A Capitalisation Citibank 97 CHF Hedged EUR 172,406 USD 202,357 30-Apr-2021 R Capitalisation Citibank 89 EUR Hedged USD 12,155 EUR 10,285 30-Apr-2021 I Capitalisation Citibank 78 EUR Hedged USD 475,404 EUR 404,809 30-Apr-2021 A Capitalisation Citibank 61 EUR Hedged EUR 53,077 USD 62,296 30-Apr-2021 A Capitalisation Citibank 29 EUR Hedged USD 213,086 EUR 181,444 30-Apr-2021 R Capitalisation Citibank 27 EUR Hedged USD 2,968 EUR 2,512 30-Apr-2021 A Capitalisation Citibank 19 EUR Hedged EUR 32,991 USD 38,721 30-Apr-2021 R Capitalisation Citibank 18 EUR Hedged Unrealised gain on forward foreign exchange contracts 16,333

Notes to the Financial Statements For the year ended 31 March 2021 (continued)

Purchase Sale Maturity Date Hedged class Counterparty Unrealised Currency Amount Currency Amount Result in USD EUR 49,695,514 USD 58,765,641 30-Apr-2021 A Capitalisation Citibank (411,181) EUR Hedged EUR 22,601,169 USD 26,726,199 30-Apr-2021 R Capitalisation Citibank (187,002) EUR Hedged CHF 3,537,644 USD 3,785,848 30-Apr-2021 A Capitalisation Citibank (31,902) CHF Hedged CHF 503,363 USD 538,679 30-Apr-2021 R Capitalisation Citibank (4,539) CHF Hedged EUR 803,193 USD 946,658 30-Apr-2021 A Capitalisation Citibank (3,517) EUR Hedged EUR 297,844 USD 352,689 30-Apr-2021 A Capitalisation Citibank (2,949) EUR Hedged EUR 279,029 USD 329,955 30-Apr-2021 I Capitalisation Citibank (2,309) EUR Hedged EUR 364,105 USD 429,141 30-Apr-2021 R Capitalisation Citibank (1,594) EUR Hedged EUR 130,363 USD 153,995 30-Apr-2021 A Capitalisation Citibank (918) EUR Hedged EUR 164,502 USD 193,819 30-Apr-2021 A Capitalisation Citibank (655) EUR Hedged EUR 47,878 USD 56,557 30-Apr-2021 R Capitalisation Citibank (337) EUR Hedged CHF 49,075 USD 52,255 30-Apr-2021 A Capitalisation Citibank (180) CHF Hedged EUR 19,465 USD 20,824 30-Apr-2021 A Capitalisation Citibank (168) CHF Hedged EUR 20,000 USD 23,556 30-Apr-2021 R Capitalisation Citibank (72) EUR Hedged EUR 19,230 USD 22,649 30-Apr-2021 A Capitalisation Citibank (69) EUR Hedged USD 53,254 EUR 45,373 30-Apr-2021 A Capitalisation Citibank (25) EUR Hedged EUR 1,936 USD 2,292 30-Apr-2021 R Capitalisation Citibank (19) EUR Hedged EUR 1,785 USD 2,103 30-Apr-2021 R Capitalisation Citibank (7) EUR Hedged Unrealised loss on forward foreign exchange contracts (647,443)

Notes to the Financial Statements For the year ended 31 March 2021 (continued)

Mirae Asset China Growth Equity Fund

Purchase Sale Maturity Date Hedged class Counterparty Unrealised Currency Amount Currency Amount Result in USD USD 252,099 EUR 213,318 30-Apr-2021 R Capitalisation Citibank 1,612 EUR Hedged USD 117,669 EUR 99,783 30-Apr-2021 R Capitalisation Citibank 499 EUR Hedged USD 22,449 EUR 18,996 30-Apr-2021 A Capitalisation Citibank 143 EUR Hedged USD 10,109 EUR 8,558 30-Apr-2021 R Capitalisation Citibank 60 EUR Hedged EUR 96,025 USD 112,707 30-Apr-2021 R Capitalisation Citibank 49 EUR Hedged USD 112,716 EUR 95,978 30-Apr-2021 R Capitalisation Citibank 14 EUR Hedged EUR 11,268 USD 13,225 30-Apr-2021 R Capitalisation Citibank 6 EUR Hedged Unrealised gain on forward foreign exchange contracts 2,383

Purchase Sale Maturity Date Hedged class Counterparty Unrealised Currency Amount Currency Amount Result in USD EUR 10,359,512 USD 12,250,268 30-Apr-2021 R Capitalisation Citibank (85,715) EUR Hedged EUR 472,232 USD 558,421 30-Apr-2021 A Capitalisation Citibank (3,906) EUR Hedged EUR 203,373 USD 239,699 30-Apr-2021 R Capitalisation Citibank (891) EUR Hedged Unrealised loss on forward foreign exchange contracts (90,512)

9. Options

As of 31 March 2021, the Company has no outstanding options contracts.

10. Futures contracts

As of 31 March 2021, the Company has no outstanding futures contracts.

11. Dividends

The Company declared the following dividends during the year ended March 31, 2021:

Sub-Fund Share Class Ex-Date Amount per Share Currency Total Amount (in USD) Mirae Asset Asia Z Distribution USD 31/03/2021 0.0001 USD 78 Great Consumer Equity Fund Z Distribution GBP 31/03/2021 0.0001 GBP 146 224

Notes to the Financial Statements For the year ended 31 March 2021 (continued)

12. Other Taxes 15. Soft Commission

The Company pays to the Brazilian government a tax The Principal Investment Manager and Investment on all purchases of Brazilian securities denominated Managers do not enter into any soft commission in Brazilian real. The Company also pays a tax on its arrangements in relation to the Company. Neither the capital gains when it sells securities in India. The Indian Principal Investment Manager and Investment Managers tax rate is provided by the Company’s tax consultant in nor any of their connected persons have or are entitled India, based on the current tax regulations and applicable to retain any cash rebates from any broker or dealer in factors such as the length of holding of the security and consideration for directing transactions on behalf of sub- if the security is sold on a recognized stock exchange. funds to that broker or dealer. Any such cash rebates received shall be held for the accounts of the relevant The excess Indian capital gain tax paid for previous sub-fund. accounting years, and expected to be recovered, is shown under other receivable and other income in the 16. Transaction costs Statement of Net Assets and Statement of Operations respectively. The transaction costs related to purchases and sales of transferable securities are included in the Statement 13. Changes in the Investment Portfolio of Operations and Changes in Net Assets, under the heading “Transaction costs”. The transaction costs The details of the changes in portfolio composition are mainly relate to brokerage fees. held at the disposal of the shareholders at the registered office of the Company and are available upon request 17. Global Exposure free of charge. The global risk exposure is calculated for each sub-fund 14. Related Party Transactions on a daily basis using the commitment approach.

All transactions with related parties were entered into in the ordinary course of business and under normal commercial terms. The related parties to the Company are the Principal Investment Manager, the Investment Managers, the Global Distributor, the Hong Kong Representative, Mirae Asset Securities (HK) Limited and Daiwa Capital Markets Hong Kong Limited. For the basis of the fee charged by the Principal Investment Manager and the Investment Managers, please refer to note 6.

The transactions with Mirae Asset Securities (HK) Limited and Daiwa Capital Markets Hong Kong Limited are as follows:

Daiwa Capital Markets Hong Kong Limited

Total % of Total Total Brokerage Average Transaction Transaction Value Commission Rate of Value (USD) in the Scheme (USD) Commission

288,322,361 5.80% 432,847 0.15%

Mirae Asset Securities (HK) Limited

Total % of Total Total Brokerage Average Transaction Transaction Value Commission Rate of Value (USD) in the Scheme (USD) Commission

375,974,273 7.57% 580,006 0.15%

Notes to the Financial Statements For the year ended 31 March 2021 (continued)

18. Important Events

On 12 February 2021, following regulatory approval by the Commission de Surveillance du Secteur Financier (the “CSSF”) in Luxembourg, Apex Group Ltd. became the ultimate controlling shareholder of FundRock Management Company S.A and FundRock Management Company S.A is as of that date a subsidiary of Apex Group Ltd.

FundRock Management Company S.A has not changed its name or its operations.

19. Significant event

The novel coronavirus (COVID-19) has adversely impacted global commercial activity and contributed to significant volatility in financial markets. The coronavirus pandemic and government responses are creating near- term disruption in global supply chains and adversely affecting many industries. The outbreak has a continuous material impact on economic and market conditions and triggered a period of global economic slowdown. The rapid development and fluidity of this situation precludes any prediction as to the ultimate material adverse impact of the novel coronavirus. The full impacts of a pandemic or disease outbreaks are unknown, resulting in a high degree of uncertainty for potentially extended periods of time. We believe keeping a long-term perspective is the best way to reach long-term goals and achieve outperformance.

Schedule of Investments (Expressed in USD) as at 31 March 2021 Mirae Asset Korea Equity Fund*

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Equities 115 Amorepacific Corp. 26,267 1.74 125 Big Hit Entertainment Company Limited 26,839 1.77 57 Celltrion Inc. 16,343 1.08 70 CJ Logistics Corp. 11,319 0.75 295 DB HiTek Co Ltd 14,675 0.97 431 Doosan Fuel Cell Company Limited 19,536 1.29 250 E&D Company Limited 6,693 0.44 100 E-Mart Company Limited 15,109 1.00 350 Eo Technics Company Limited 36,678 2.42 45 Hansol Chemical Company Limited 9,583 0.63 110 Hotel Shilla Company Limited 8,446 0.56 260 Hyundai Department Store Company Limited 20,837 1.37 150 Hyundai Mobis 38,702 2.56 401 Hyundai Motor Company 77,241 5.10 100 Hyundai Wia Corp. 6,812 0.45 60 Kakao Corp. 26,402 1.75 1,420 KB Financial Group Inc. 70,514 4.66 355 Kia Motors Corp. 26,004 1.72 485 Kona i Company Limited 18,084 1.20 580 Korea Shipbuilding & Offshore Engineering Company Limited 68,416 4.52 65 Korea Zinc Company Limited 23,462 1.55 35 Kumho Petrochemical 8,195 0.54 80 LG Chem Limited 56,903 3.77 280 LG Electronics Inc. 37,111 2.45 13 LG Household & Health Care Limited 18,034 1.19 100 LG Innotek Company Limited 18,158 1.20 110 Lotte Chemical Corp. 29,256 1.93 140 LS Electrical Company Limited 7,533 0.50 245 Mando Corp. 14,244 0.94 225 Naver Corp. 74,951 4.95 37 Ncsoft Corp. 28,541 1.89 2,260 Next Entertainment World Company Limited 26,359 1.74 430 PI Advanced Materials Company Limited 17,363 1.15 115 Posco 32,516 2.15 280 Samsung Electro-Mechanics Company Limited 46,389 3.06 1,955 Samsung Electronics Company Limited 140,613 9.30 230 Samsung Life Insurance 15,872 1.05 50 Samsung Sdi Company Limited 29,158 1.93 360 Sang – A Frontec Company Limited 16,763 1.11 1,175 SK hynix Inc. 137,564 9.09 150 SK Innovation Company Limited 29,026 1.92 130 SK Telecom Company Limited 31,588 2.09 295 St Pharm Company Limited 22,234 1.47 698 Yuhan Corp. 38,856 2.57 Total Equities 1,445,189 95.52 Total Transferable securities and money market instruments 1,445,189 95.52 admitted to an official exchange listing Investment in securities at market value 1,445,189 95.52 Cash 80,005 5.29 Other net liabilities (12,187) (0.81) Total net assets 1,513,007 100.00

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset China Sector Leader Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Equities 137,700 Alibaba Group Holding Limited 3,896,748 6.67 1,892 Alibaba Group Holding Limited 433,741 0.74 12,713 Bilibili Inc. 1,335,501 2.29 1,140 Bilibili Inc. – Z 121,417 0.21 556,000 China Feihe Limited 1,573,414 2.69 29,440 China International Travel Service Corp. Limited – A 1,373,258 2.35 227,000 China Mengniu Dairy Company Limited 1,299,366 2.22 141,600 China Resources Mixc Lifestyle Services 843,315 1.44 31,500 Contemporary Amperex Technology Company Limited – A 1,546,589 2.65 10,700 ENN Energy Holdings Limited 171,631 0.29 61,585 Foshan Haitian Flavouring & Food Company Limited – A 1,499,792 2.58 1,095 GDS Holdings Limited 87,359 0.15 51,000 GDS Holdings Limited 515,630 0.88 337,000 Geely Automobile Holdings Limited 857,436 1.47 40,700 Hangzhou Tigermed Consulting Company – A 931,072 1.59 23,900 Hangzhou Tigermed Consulting Company Limited 472,517 0.81 17,400 Hong Kong Exchanges and Clearing Limited 1,023,743 1.75 1,392,000 Industrial & Commercial Bank of China – H 999,123 1.71 85,500 Innovent Biologics Inc. 867,188 1.48 36,800 JD Health International Inc. 527,799 0.90 6,998 JD.com Inc. – ADR 580,834 0.99 35,350 JD.com Inc. 1,464,168 2.51 108,678 Jiangsu Hengli Hydraulic Company Limited – A 1,481,499 2.54 83,134 Jiangsu Hengrui Medicine Company – A 1,166,730 2.00 377,000 Kingdee International Software Group Company Limited 1,168,703 2.00 24,177 Kingsoft Cloud Holdings Limited 946,771 1.62 16,100 Kuaishou Technology 559,159 0.96 6,119 Kweichow Moutai Company Limited – A 1,873,440 3.21 229,500 Li Ning Company Limited 1,490,801 2.56 106,548 Longi Green Energy Technology Company Limited 1,428,918 2.45 56,200 Meituan Dianping – B 2,155,706 3.69 71,800 New Oriental Education & Technology Group Inc. 981,756 1.68 18,160 New Oriental Education & Technology Group Inc. – ADR 257,146 0.44 17,434 NIO Inc. 654,647 1.12 131,800 Nongfu Spring Company Limited 656,951 1.12 8,196 Pinduoduo Inc. 1,110,066 1.90 160,500 Ping An Insurance Group Company of China Limited 1,910,720 3.27 288,733 Sany Heavy Industry Company Limited – A 1,502,680 2.57 49,600 Shenzhou International Group Holdings Limited 1,027,834 1.76 19,830 Tal Education Group – ADR 1,059,318 1.82 85,000 Techtronic Industries Company 1,454,173 2.49 50,800 Tencent Holdings Limited 3,986,018 6.84 30,200 Wuliangye Yibin Company Limited – A 1,233,356 2.11 154,500 Wuxi Biologics Cayman Inc. 1,934,684 3.31 98,000 Yihai International Holdinging Limited 1,014,770 1.74 85,262 Zhejiang Dingli Machinery Company Limited – A 1,251,299 2.14 Total Equities 54,728,786 93.71 Total Transferable securities and money market instruments 54,728,786 93.71 admitted to an official exchange listing Investment in securities at market value 54,728,786 93.71 Cash 4,114,247 7.05 Other net liabilities (443,707) (0.76) Total net assets 58,399,326 100.00

The accompanying notes form an integral part of these financial statements.

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset India Sector Leader Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Equities 167,412 ABB India Limited 3,228,583 1.54 951,556 Axis Bank Limited 9,076,915 4.34 25,315 Bajaj Auto Limited 1,270,884 0.61 566,483 Bandhan Bank Limited 2,625,725 1.25 380,410 Bharti Airtel Limited 2,691,443 1.29 1,521,770 Capacite Infraprojects Limited* 4,199,073 2.01 488,836 Carborundum Universal Limited 3,406,420 1.63 391,104 Cipla Limited 4,360,075 2.08 517,741 Crompton Greaves Consumer Electricals Limited 2,779,349 1.33 530,812 Dabur India Limited 3,923,984 1.87 197,690 Dalmia Bharat Limited 4,296,348 2.05 93,584 Eicher Motors Limited 3,332,922 1.59 1,354,639 Fortis Healthcare Limited 3,689,731 1.76 2,192,028 Gail India Limited 4,062,340 1.94 435,288 Hcl Technologies Limited 5,850,142 2.79 311,294 HDFC Bank Limited 6,359,317 3.04 1,557,608 Hindalco Industries Limited 6,963,018 3.33 57,532 Hindustan Lever Limited 1,913,263 0.91 869,393 Hindustan Petroleum Corp. 2,788,366 1.33 960,680 Hindustan Zinc Limited 3,585,693 1.71 381,106 Housing Development Finance Corp. 13,021,063 6.22 2,304,188 ICICI Bank Limited 18,344,520 8.75 308,779 Indusiµnd Bank Limited 4,030,805 1.93 1,066,583 Infosys Technologies Limited 19,956,643 9.54 387,263 Larsen & Toubro Limited 7,515,340 3.59 5,854,395 Lemon Tree Hotels Limited 2,962,611 1.42 410,672 Mahindra & Mahindra Limited 4,466,729 2.14 679,430 Narayana Hrudayalaya Limited 3,771,387 1.80 764,730 Prestige Estates Projects Limited 3,196,335 1.53 906,348 Rbl Bank Limited 2,572,815 1.23 106,447 Reliance Industries Limited 2,916,264 1.39 477,012 Reliance Industries Limited 7,114,524 3.40 526,715 Sobha Developers Limited 3,147,736 1.50 2,602,799 State Bank of India Limited 12,968,527 6.19 338,330 Tata Global Beverages Limited 2,956,407 1.41 689,322 Tata Steel Limited 7,654,006 3.66 126,847 Titan Industries Limited 2,703,040 1.29 32,864 Ultra Tech Cement Limited 3,028,580 1.45 229,501 Voltas Limited 3,145,006 1.50 476,363 Westlife Development Limited 2,995,045 1.43 932,676 Wipro Limited 5,282,984 2.52 Total Equities 214,153,958 102.29 Total Transferable securities and money market instruments 214,153,958 102.29 admitted to an official exchange listing Investment in securities at market value 214,153,958 102.29 Cash, net of bank overdraft 4,077,508 1.95 Other net liabilities (8,869,705) (4.24) Total net assets 209,361,761 100.00

* Illiquid security The accompanying notes form an integral part of these financial statements.

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Asia Sector Leader Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Equities 398,200 AIA Group Limited 4,830,127 1.47 447,436 Alibaba Group Holding Limited 12,661,911 3.85 15,077,500 Bank Rakyat Indonesia 4,567,578 1.39 13,836,000 China Petroleum & Chemical Corp. 7,368,117 2.23 434,863 Cipla Limited 4,847,906 1.47 224,621 Dabur India Limited 1,660,492 0.50 231,255 Dalmia Bharat Limited 5,025,808 1.53 230,097 DBS Group Holdings Limited 4,926,191 1.50 1,067,122 Dlf Limited 4,189,503 1.27 2,609,635 Gail India Limited 4,836,263 1.47 299,800 Ganfeng Lithium Company Limited 3,659,683 1.11 953,000 Geely Automobile Holdings Limited 2,424,738 0.74 229,651 HDFC Bank Limited 4,691,460 1.43 1,149,115 Hindustan Zinc Limited 4,289,018 1.31 908,000 Hon Hai Precision Industry Company Limited 3,946,012 1.20 41,919 Hyundai Motor Company 8,074,548 2.46 1,650,499 ICICI Bank Limited 13,140,252 3.99 3,300,250 IHH Healthcare Bhd 4,234,249 1.29 13,892,000 Industrial & Commercial Bank of China – H 9,971,136 3.03 272,170 Infosys Technologies Limited 5,092,524 1.55 11,500 JD Health International Inc. 164,937 0.05 15,850 JD.com Inc. 656,494 0.20 7,967,190 Lemon Tree Hotels Limited 4,031,789 1.23 8,028 LG Chem Limited 5,710,236 1.74 625,500 Li Ning Company Limited 4,063,164 1.24 217,374 Longi Green Energy Technology Company Limited 2,915,208 0.89 463,784 Mahindra & Mahindra Limited 5,044,409 1.53 79,352 Mando Corp. 4,613,543 1.40 289,000 MediaTek Inc. 9,814,597 2.98 101,900 Meituan Dianping – B 3,908,656 1.19 1,030,000 Minth Group Limited 4,292,674 1.31 857,081 Narayana Hrudayalaya Limited 4,757,494 1.44 18,138 Naver Corp. 6,042,011 1.84 117,770 New Oriental Education & Technology Group Inc. – ADR 1,667,623 0.51 234,300 New Oriental Education & Technology Group Inc. 3,203,695 0.97 1,351,660 Phu Nhuan Jewelry JSC 4,911,257 1.48 898,000 Ping An Insurance Group Company of China Limited 10,690,510 3.25 27,482 Posco 7,770,503 2.36 319,496 Reliance Industries Limited 4,765,209 1.45 48,638 Reliance Industries Limited 1,332,506 0.41 155,974 Samsung Electronics Company Limited Pfd 10,060,646 3.06 237,736 Samsung Electronics Company Limited 17,098,978 5.20 604 Samsung Sdi Company Limited 352,234 0.11 124,945 Sany Heavy Industry Company Limited – A 650,263 0.20 57,006 SBI Life Insurance Company Limited 686,773 0.21 1,115,360 Security Bank Corp. 2,780,551 0.85 339,361 Shinhan Financial Group Company Limited 11,229,607 3.41 44,644 SK hynix Inc. 5,226,726 1.59 1,749,200 Standard Chartered Bank 12,071,322 3.67 397,000 Taiwan Semiconductor Manufacturing Company Limited 8,167,318 2.48 3,712 Tal Education Group – ADR 198,295 0.06 413,000 Techtronic Industries Company 7,065,572 2.15 279,000 Tencent Holdings Limited 21,891,710 6.65 81,129 Titan Industries Limited 1,728,814 0.53 1,608,659 Tongwei Company Limited – A 8,026,421 2.44 4,215,810 Vietnam Technological & Commercial Joint Stock Bank 7,323,705 2.23

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Asia Sector Leader Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing (continued) Equities (continued) 326,751 Voltas Limited 4,477,688 1.36 Total Equities 323,830,654 98.46 Total Transferable securities and money market instruments 323,830,654 98.46 admitted to an official exchange listing Investment in securities at market value 323,830,654 98.46 Cash, net of bank overdraft 2,753,646 0.84 Other net assets 2,306,924 0.70 Total net assets 328,891,224 100.00

The accompanying notes form an integral part of these financial statements.

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Asia Pacific Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Equities 49,060 Alibaba Group Holding Limited 1,388,340 3.26 21,020 BHP Group Limited 725,248 1.70 1,904,000 China Petroleum & Chemical Corp. 1,013,942 2.37 59,130 Cipla Limited 659,189 1.55 10,397 Commonwealth Bank of Australia 681,815 1.60 1,481 CSL Limited 298,526 0.70 13,024 Dabur India Limited 96,279 0.23 29,103 Dalmia Bharat Limited 632,488 1.48 341,960 Gail India Limited 633,732 1.49 35,000 Galaxy Entertainment Group Limited 315,146 0.74 33,200 Ganfeng Lithium Company Limited 405,275 0.95 115,000 Geely Automobile Holdings Limited 292,597 0.69 30,976 HDFC Bank Limited 632,798 1.48 145,983 Hindustan Zinc Limited 544,875 1.28 89,000 Hon Hai Precision Industry Company Limited 386,779 0.91 4,807 Hyundai Motor Company 925,937 2.16 257,541 ICICI Bank Limited 2,050,382 4.80 567,900 IHH Healthcare Bhd 728,620 1.71 1,908,000 Industrial & Commercial Bank of China – H 1,369,488 3.21 38,642 Infosys Technologies Limited 723,024 1.70 1,050 JD.com Inc. 43,490 0.10 1,083,680 Lemon Tree Hotels Limited 548,395 1.29 1,037 LG Chem Limited 737,608 1.73 103,000 Li Ning Company Limited 669,074 1.57 45,303 Mahindra & Mahindra Limited 492,744 1.16 9,950 Mando Corp. 578,495 1.36 36,000 MediaTek Inc. 1,222,580 2.87 10,600 Meituan Dianping – B 406,592 0.95 124,000 Minth Group Limited 516,788 1.21 107,577 Narayana Hrudayalaya Limited 597,140 1.40 2,155 Naver Corp. 717,859 1.68 24,300 New Oriental Education & Technology Group Inc. 332,265 0.78 19,550 New Oriental Education & Technology Group Inc. – ADR 276,828 0.65 282,896 Phu Nhuan Jewelry JSC 1,027,902 2.40 119,000 Ping An Insurance Group Company of China Limited 1,416,671 3.32 3,918 Posco 1,107,810 2.60 32,823 Reliance Industries Limited 489,547 1.15 9,808 Reliance Industries Limited 268,704 0.63 36,811 Samsung Electronics Company Limited 2,647,602 6.20 18,930 Samsung Electronics Company Limited Pfd 1,221,024 2.86 40 Samsung Sdi Company Limited 23,327 0.05 115,650 Security Bank Corp. 288,311 0.68 44,223 Shinhan Financial Group Company Limited 1,463,359 3.43 5,420 SK hynix Inc. 634,550 1.49 227,350 Standard Chartered Bank 1,568,954 3.68 62,000 Taiwan Semiconductor Manufacturing Company Limited 1,275,501 2.98 52,500 Techtronic Industries Company 898,166 2.11 34,700 Tencent Holdings Limited 2,722,733 6.39 2,329 Titan Industries Limited 49,630 0.12 206,502 Tongwei Company Limited – A 1,030,344 2.42 791,810 Vietnam Technological & Commercial Joint Stock Bank 1,375,532 3.22 46,397 Voltas Limited 635,809 1.49 Total Equities 41,789,814 97.98 Total Transferable securities and money market instruments 41,789,814 97.98 admitted to an official exchange listing

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Asia Pacific Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing (continued) Equities (continued) Investment in securities at market value 41,789,814 97.98 Cash, net of bank overdraft 459,857 1.08 Other net assets 403,669 0.94 Total net assets 42,653,340 100.00

The accompanying notes form an integral part of these financial statements.

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset GEM Sector Leader Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Equities 3,400 Al Rajhi Bank 85,218 0.92 10,984 Alibaba Group Holding Limited 310,834 3.37 4,300 Banco BTG Pactual SA 72,551 0.79 384,600 Bank Rakyat Indonesia 116,511 1.26 868 Cd Projekt Red SA 47,657 0.52 354,000 China Petroleum & Chemical Corp. 188,516 2.04 11,632 Cipla Limited 129,675 1.40 2,764 Clicks Group Limited 45,838 0.50 423 CrediCorp Limited 58,700 0.64 7,074 Dalmia Bharat Limited 153,737 1.66 16,922 Firstrand Limited 59,972 0.65 6,800 Ganfeng Lithium Company Limited 83,008 0.90 22,000 Geely Automobile Holdings Limited 55,975 0.61 15,000 Grupo Financiero Banorte SAB de CV 85,723 0.93 2,495 Halyk Savings Bank Kazakhstan – GDR 35,055 0.38 6,229 HDFC Bank Limited 127,250 1.38 25,627 Hindustan Zinc Limited 95,652 1.03 25,000 Hon Hai Precision Industry Company Limited 108,646 1.18 947 Hyundai Motor Company 182,413 1.97 44,703 ICICI Bank Limited 355,898 3.86 394,000 Industrial & Commercial Bank of China – H 282,798 3.06 6,608 Infosys Technologies Limited 123,641 1.34 200 JD.com Inc. 8,284 0.09 213,128 Lemon Tree Hotels Limited 107,853 1.17 182 LG Chem Limited 129,455 1.40 19,500 Li Ning Company Limited 126,669 1.37 8,900 Locaweb Servicos de Internet SA 35,006 0.38 11,900 Lojas Renner SA 90,518 0.98 10,318 Longi Green Energy Technology Company Limited 138,375 1.50 13,158 Mahindra & Mahindra Limited 143,115 1.55 1,988 Mando Corp. 115,583 1.25 8,000 MediaTek Inc. 271,684 2.94 2,400 Meituan Dianping – B 92,059 1.00 59 Mercadolibre Inc. 84,254 0.91 24,000 Minth Group Limited 100,023 1.08 3,656 Mr Price Group Limited 47,941 0.52 23,516 Narayana Hrudayalaya Limited 130,533 1.41 525 Naver Corp. 174,885 1.89 9,693 Network International Holdings plc 53,793 0.58 2,410 New Oriental Education & Technology Group Inc. – ADR 34,126 0.37 3,900 New Oriental Education & Technology Group Inc. 53,327 0.58 373 Novatek PJSC – GDR 73,183 0.79 20,500 Ping An Insurance Group Company of China Limited 244,048 2.64 636 Posco 179,828 1.95 1,428 Prosus NV 159,096 1.72 16,400 Raia Drogasil SA 73,111 0.79 4,200 Rede d’or Sao Luiz SA 45,819 0.50 7,630 Reliance Industries Limited 209,035 2.27 25,496 Rumo SA 88,844 0.96 6,414 Samsung Electronics Company Limited 461,322 5.00 3,155 Samsung Electronics Company Limited Pfd 203,504 2.20 5,670 Sberbank of Russia PJSC – ADR 87,346 0.95 23,150 Security Bank Corp. 57,712 0.62 8,817 Shinhan Financial Group Company Limited 291,758 3.16 51,850 Standard Chartered Bank 357,819 3.88 6,600 Suzano Papel e Celulose SA 80,723 0.87

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset GEM Sector Leader Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing (continued) Equities (continued) 10,000 Taiwan Semiconductor Manufacturing Company Limited 205,726 2.23 11,500 Techtronic Industries Company 196,741 2.13 6,600 Tencent Holdings Limited 517,868 5.60 4,409 Titan Industries Limited 93,953 1.02 38,500 Tongwei Company Limited – A 192,096 2.08 122,840 Vietnam Technological & Commercial Joint Stock Bank 213,398 2.31 28,700 Wal-Mart de Mexico SAB de CV 92,606 1.00 1,442 Yandex NV – A 91,048 0.99 Total Equities 8,959,335 97.02 Total Transferable securities and money market instruments 8,959,335 97.02 admitted to an official exchange listing Transferable securities and money market instruments dealt in on another regulated market and recently issued transferable securities Equities 39,996 Detsky Mir PJSC 74,712 0.81 Total Equities 74,712 0.81 Total Transferable securities and money market instruments 74,712 0.81 dealt in on another regulated market and recently issued transferable securities Investment in securities at market value 9,034,047 97.83 Cash 198,011 2.14 Other net assets 2,647 0.03 Total net assets 9,234,705 100.00

The accompanying notes form an integral part of these financial statements.

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Asia Great Consumer Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Bonds 635,139 Britannia Industries Limited* 887,492 0.06 Total Bonds 887,492 0.06 Equities 1,120,500 Alibaba Group Holding Limited 31,708,828 1.97 91,764 Amorepacific Corp. 20,959,633 1.30 697,555 Apollo Hospitals Enterprise Limited 27,692,615 1.72 835,658 Asian Paints Limited 29,000,692 1.80 25,435,414 Ayala Land Inc. 18,000,974 1.12 22,162,900 Bank Central Asia Tbk Pt 47,417,829 2.94 507,487 Britannia Industries Limited 25,161,108 1.56 2,001,755 China International Travel Service Corp. Limited – A 93,373,823 5.79 7,995,000 China Merchants Bank Company Limited – H 61,035,828 3.78 10,381,600 CP All pcl – NVDR 23,005,626 1.43 7,316,000 Galaxy Entertainment Group Limited 65,874,508 4.08 18,265,000 Geely Automobile Holdings Limited 46,472,026 2.88 3,902,000 Haidilao International Holding Limited 26,676,950 1.65 4,065,143 HDFC Bank Limited 83,045,388 5.14 2,157,214 Hindustan Lever Limited 71,739,501 4.45 286,200 Hyundai Motor Company 55,128,594 3.41 780,350 JD.com Inc. 32,321,459 2.00 161,672 Kakao Corp. 71,140,178 4.41 40,785 LG Household & Health Care Limited 56,578,433 3.51 11,547,500 Li Ning Company Limited 75,011,006 4.65 245,222 Maruti Suzuki India Limited 23,005,080 1.43 481,600 Meituan Dianping – B 18,473,099 1.15 219,430 Naver Corp. 73,095,080 4.52 213,125 Nestle India Limited 50,035,025 3.10 1,629,000 New Oriental Education & Technology Group Inc. 22,274,091 1.38 2,411,568 New Oriental Education & Technology Group Inc. – ADR 34,147,803 2.12 443,746 Pinduoduo Inc. 60,100,958 3.73 2,530,500 Ping An Healthcare & Technology Company Limited 31,736,323 1.97 6,424,500 Ping An Insurance Group Company of China Limited 76,482,382 4.74 496,289 Samsung Electronics Company Limited 35,695,202 2.21 6,482,848 Shanghai International Airport – A 57,203,641 3.55 1,215,800 Tencent Holdings Limited Vietnam 95,397,637 5.90 689,404 Dairy Products JSC Total 2,917,006 0.18 Equities 1,541,908,326 95.57 Total Transferable securities and money market instruments 1,542,795,818 95.63 admitted to an official exchange listing Investment in securities at market value 1,542,795,818 95.63 Cash 92,245,360 5.72 Other net liabilities (21,761,790) (1.35) Total net assets 1,613,279,388 100.00

* Illiquid security The accompanying notes form an integral part of these financial statements.

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Global Great Consumer Equity Fund*

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Equities 1,182 Abbott Laboratories 141,545 2.03 465 Adobe Systems Inc. 216,439 3.11 113 Amazon.com Inc. 345,247 4.95 387 ASML Holding NV 234,475 3.37 89 Booking Holdings Inc. 207,805 2.99 5,327 Boston Scientific Corp. 207,540 2.98 147 Chipotle Mexican Grill Inc. 206,731 2.97 1,127 Eli Lilly & Company 209,058 3.01 771 Facebook Inc. – A 222,048 3.19 1,153 Fiserv Inc. 139,236 2.00 3,756 General Motors Company 219,764 3.16 3,516 L Brands Inc. 221,051 3.18 36,000 Li Ning Company Limited 233,851 3.35 1,453 Marriott International Inc. 215,378 3.09 4,518 Marvell Technology Group Limited 213,837 3.07 1,578 Match Group Inc. 207,475 2.98 1,191 Microsoft Corp. 276,133 3.97 1,574 Nike Inc. 209,263 3.01 1,128 NXP Semiconductor NV 223,085 3.21 799 Qorvo Inc. 141,926 2.04 975 Salesforce.com Inc. 204,750 2.94 1,501 Seagen Inc. 206,402 2.96 4,239 Snap Inc. 210,297 3.02 2,400 Tencent Holdings Limited 188,316 2.71 459 Thermo Fisher Scientific Inc. 207,225 2.98 3,207 Tjx Companies Inc. 213,330 3.07 3,939 Uber Technologies Inc. 210,579 3.03 643 Vertex Pharmaceuticals Inc. 136,953 1.97 1,632 Visa Inc. – A 345,821 4.97 1,136 Walt Disney Company 210,762 3.03 Total Equities 6,426,322 92.34 Total Transferable securities and money market instruments 6,426,322 92.34 admitted to an official exchange listing Investment in securities at market value 6,426,322 92.34 Cash 846,937 12.17 Other net liabilities (313,705) (4.51) Total net assets 6,959,554 100.00

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Asia Growth Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Equities 180,069 17 Education & Technology Group Inc. 1,359,521 0.46 391,000 Accton Technology Corp. 3,782,132 1.28 244,200 AIA Group Limited 2,962,122 1.00 87,938 Alibaba Group Holding Limited 20,159,787 6.83 21,989 Bilibili Inc. 2,309,945 0.78 249,500 Byd Company Limited 5,292,207 1.79 40,000 China Merchants Bank Company Limited – H 305,370 0.10 921,500 China Mobile Limited 6,039,280 2.05 5,052,000 China Resources Cement Holdings Limited 5,673,136 1.92 1,376,200 China Vanke Company Limited – H 5,390,319 1.83 7,404,000 Chinasoft International Limited 7,961,930 2.70 16,268 CJ Cheiljedang Corp. 5,907,814 2.00 102,637 Contemporary Amperex Technology Company Limited – A 5,039,278 1.71 30,000 DBS Group Holdings Limited 642,276 0.22 21,653 Duzone Bizon Company Limited 1,878,799 0.64 439,500 Estun Automation Company Limited 1,734,084 0.59 164,300 Eve Energy Company Limited 1,881,680 0.63 808,000 Fuyao Glass Industry Group – H 4,806,940 1.63 1,503,000 Geely Automobile Holdings Limited 3,824,115 1.30 733,921 Han’s Laser Technology – A 4,737,885 1.61 178,312 HDFC Bank Limited 3,642,673 1.24 41,067 Hindustan Lever Limited 1,365,709 0.46 3,983,955 Hoa Phat Group JSC 8,017,311 2.72 10,300 Hong Kong Exchanges and Clearing Limited 606,009 0.21 773,000 Hua Hong Semiconductor Limited 4,210,935 1.43 7,395 Hyundai Motor Company 1,424,444 0.48 27,900 JD.com Inc. 1,155,595 0.39 123,854 Jiangsu Hengrui Medicine Company – A 1,738,208 0.59 2,319 Kakao Corp. 1,020,425 0.35 2,100 Kweichow Moutai Company Limited – A 642,952 0.22 43,000 Largan Precision Company Limited 4,837,537 1.64 4,125 LG Chem Limited 2,934,071 0.99 735,763 Longi Green Energy Technology Company Limited 9,867,335 3.34 572,146 Luxshare Precision Industry Company Limited 2,949,770 1.00 223,000 MediaTek Inc. 7,573,201 2.57 7,200 Meituan Dianping – B 276,176 0.09 638,536 NARI Technology Company Limited 3,030,284 1.02 21,303 Naver Corp. 7,096,315 2.40 175,827 New Oriental Education & Technology Group Inc. – ADR 2,489,710 0.85 10,486 Pinduoduo Inc. 1,420,224 0.48 733,400 Ping An Healthcare & Technology Company Limited 9,197,953 3.12 868,500 Ping An Insurance Group Company of China Limited 10,339,318 3.51 202,091 Reliance Industries Limited 5,536,566 1.88 192,140 Samsung Electronics Company Limited 13,819,521 4.68 53,643 Samsung Electronics Company Limited Pfd 3,460,085 1.17 79,434 Sangfor Technologies Inc. – A 2,990,079 1.01 3,339,250 Sino Biopharmaceutical 3,341,752 1.13 45,726 SK hynix Inc. 5,353,402 1.81 658,000 Smoore International Holdings Limited 4,003,434 1.36 1,210,000 Taiwan Semiconductor Manufacturing Company Limited 24,892,834 8.43 45,561 Tal Education Group – ADR 2,433,869 0.82 125,627 Tata Consultancy Services Limited 5,460,183 1.85 150,000 Techtronic Industries Company 2,566,188 0.87 185,500 Tencent Holdings Limited 14,555,241 4.93 618,800 Tongwei Company Limited – A 3,087,509 1.05 190,000 Wuxi Biologics Cayman Inc. 2,379,223 0.81

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Asia Growth Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing (continued) Equities (continued) 436,138 Wuxi Lead Intelligent Equipment Company Limited 5,250,193 1.78 4,092,000 Xinyi Solar Holdings Limited 6,726,856 2.28 55,339 Zto Express Cayman Inc. 1,570,521 0.53 Total Equities 284,952,231 96.56 Total Transferable securities and money market instruments 284,952,231 96.56 admitted to an official exchange listing Investment in securities at market value 284,952,231 96.56 Cash 13,232,390 4.48 Other net liabilities (3,091,137) (1.04) Total net assets 295,093,484 100.00

The accompanying notes form an integral part of these financial statements.

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset China Growth Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Equities 328,000 AIA Group Limited 3,978,608 0.79 34,251 Alibaba Group Holding Limited 7,852,042 1.56 870,300 Alibaba Group Holding Limited 24,628,463 4.90 235,250 Baidu Inc. – A 6,445,474 1.28 119,104 Bilibili Inc. 12,511,874 2.49 9,060 Bilibili Inc. – Z 964,949 0.19 231,500 Byd Company Limited 4,910,405 0.98 3,642,000 China Feihe Limited 10,306,430 2.05 258,872 China International Travel Service Corp. Limited – A 12,075,338 2.40 1,723,000 China Mengniu Dairy Company Limited 9,862,589 1.96 711,718 China Merchants Bank Company Limited – A 5,542,531 1.10 8,742,000 China Molybdenum Company Limited 5,296,358 1.05 1,214,200 China Resources Mixc Lifestyle Services 7,231,308 1.44 860,236 Chongqing Fuling Zhacai Group Company Limited 5,507,437 1.10 226,270 Contemporary Amperex Technology Company Limited – A 11,109,419 2.21 309,700 ENN Energy Holdings Limited 4,967,676 0.99 574,669 Foshan Haitian Flavouring & Food Company Limited – A 13,995,030 2.77 233,600 GDS Holdings Limited 2,361,788 0.47 21,433 GDS Holdings Limited 1,709,925 0.34 692,594 Glodon Company Limited – A 7,007,461 1.39 961,000 Haidilao International Holding Limited 6,570,105 1.31 352,749 Hangzhou Tigermed Consulting Company – A 8,069,650 1.60 110,800 Hangzhou Tigermed Consulting Company Limited 2,190,581 0.44 127,800 Hong Kong Exchanges and Clearing Limited 7,519,218 1.50 11,358,000 Industrial & Commercial Bank of China – H 8,152,329 1.62 518,000 Innovent Biologics Inc. 5,253,843 1.04 257,900 JD Health International Inc. 3,698,894 0.74 128,105 JD.com Inc. – ADR 10,632,715 2.11 232,600 JD.com Inc. 9,634,102 1.92 761,890 Jiangsu Hengli Hydraulic Company Limited – A 10,386,085 2.07 654,900 Jiangsu Hengrui Medicine Company – A 9,191,084 1.83 64,141 KE Holdings Inc. 3,655,396 0.73 2,789,000 Kingdee International Software Group Company Limited 8,645,920 1.72 195,386 Kingsoft Cloud Holdings Limited 7,651,316 1.52 140,000 Kuaishou Technology 4,862,252 0.97 52,493 Kweichow Moutai Company Limited – A 16,071,655 3.20 1,486,500 Li Ning Company Limited 9,656,104 1.92 574,387 Longi Green Energy Technology Company Limited 7,703,118 1.53 1,475,754 Luxshare Precision Industry Company Limited 7,608,433 1.51 518,000 Meituan Dianping – B 19,869,322 3.95 289,800 NetEase Inc. 5,897,263 1.17 435,800 New Oriental Education & Technology Group Inc. 5,958,901 1.19 396,720 New Oriental Education & Technology Group Inc. – ADR 5,617,555 1.12 144,720 NIO Inc. 5,434,236 1.08 818,800 Nongfu Spring Company Limited 4,081,269 0.81 50,997 Pinduoduo Inc. 6,907,034 1.37 1,329,500 Ping An Insurance Group Company of China Limited 15,827,431 3.15 2,432,461 Sany Heavy Industry Company Limited – A 12,659,480 2.52 355,500 Shenzhou International Group Holdings Limited 7,366,832 1.47 163,694 Tal Education Group – ADR 8,744,533 1.73 472,300 Tencent Holdings Limited 37,058,976 7.36 194,789 Wuliangye Yibin Company Limited – A 7,955,108 1.58 1,395,500 Wuxi Biologics Cayman Inc. 17,474,769 3.48 442,971 Zhejiang Dingli Machinery Company Limited – A 6,501,010 1.29 72,118 Zto Express Cayman Inc. 2,046,709 0.41 160,050 ZTO Express Cayman Inc. 4,467,464 0.89

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset China Growth Equity Fund

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing (continued) Equities (continued) Total Equities Total Transferable securities and money market instruments 479,285,797 95.31 admitted to an official exchange listing 479,285,797 95.31 Investment in securities at market value 479,285,797 95.31 Cash 26,828,675 5.34 Other net liabilities (3,264,471) (0.65) Total net assets 502,850,001 100.00

The accompanying notes form an integral part of these financial statements.

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Next Asia Pacific Equity Fund*

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Bonds 45,152 Britannia Industries Limited** 63,092 0.16 Total Bonds 63,092 0.16 Equities 4,000 Advantest Corp. 349,901 0.86 20,500 Alibaba Group Holding Limited 580,126 1.43 13,900 Anritsu Corp. 303,474 0.75 8,238 Apollo Hospitals Enterprise Limited 327,045 0.81 36,900 Asahi Kasei Corp. 424,987 1.05 8,148 Asian Paints Limited 282,768 0.70 310,400 Bank Central Asia Tbk Pt 664,105 1.64 5,972 Britannia Industries Limited 296,091 0.73 11,500 Casio Computer Company Limited 216,677 0.53 19,684 China International Travel Service Corp. Limited – A 918,179 2.26 123,500 China Merchants Bank Company Limited – H 942,830 2.32 1,285 CSL Limited 259,018 0.64 3,400 Daifuku Company Limited 333,056 0.82 13,700 Daiichi Sankyo Company Limited 399,264 0.98 1,700 Daikin Industries Limited 342,888 0.84 9,700 Fuji Electric Holdings Company Limited 404,094 1.00 6,900 Fujifilm Holdings Corp. 409,723 1.01 3,500 Fujimori Kogyo Company Limited 142,328 0.35 6,300 Fuso Chemical Company Limited 231,425 0.57 97,000 Galaxy Entertainment Group Limited 873,404 2.15 120,000 Geely Automobile Holdings Limited 305,319 0.75 42,000 Haidilao International Holding Limited 287,143 0.71 7,421 Hangzhou Hikvision Digital Technology Company Limited – A 63,220 0.16 19,100 Han’s Laser Technology – A 123,302 0.30 66,451 HDFC Bank Limited 1,357,505 3.34 33,664 Hindustan Lever Limited 1,119,517 2.76 8,100 Hitachi Limited 366,279 0.90 2,800 Hoya Corp. 329,062 0.81 3,582 Hyundai Motor Company 689,974 1.70 5,800 Ibiden Company Limited 266,781 0.66 12,000 Itochu Corp. 388,975 0.96 5,900 Japan Steel Works Limited 140,062 0.34 23,900 JD.com Inc. 989,918 2.44 2,423 Kakao Corp. 1,066,187 2.63 392 Kingsoft Cloud Holdings Limited 15,351 0.04 16,600 Kubota Corp. 377,947 0.93 13,100 Kurita Water Industries Limited 561,716 1.38 97 LG Household & Health Care Limited 134,562 0.33 172,000 Li Ning Company Limited 1,117,289 2.75 5,200 Menicon Company Limited 306,850 0.76 4,600 Monogatari Corp. 299,295 0.73 5,100 Murata Manufacturing Company Limited 407,502 0.99 3,250 Naver Corp. 1,082,620 2.66 3,341 Nestle India Limited 784,361 1.93 66,420 New Oriental Education & Technology Group Inc. – ADR 940,507 2.32 12,800 New Oriental Education & Technology Group Inc. 175,020 0.43 12,000 Nichias Corp. 304,717 0.75 2,800 Nidec Corp. 339,942 0.84 13,800 Nomura Research Institute Limited 427,119 1.05 4,600 Organo Corp. 276,017 0.68 3,400 Oriental Land Company Limited 510,799 1.26 6,800 Osaka Organic Chemical Industry Limited 227,978 0.56 15,100 Pan Pacific International Holdings Corp. 356,281 0.88

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Next Asia Pacific Equity Fund*

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing (continued) Equities (continued) 7,601 Pinduoduo Inc. 1,029,479 2.54 29,500 Ping An Healthcare & Technology Company Limited 369,975 0.91 101,000 Ping An Insurance Group Company of China Limited 1,202,385 2.96 21,013 Samsung Electronics Company Limited 1,511,344 3.72 8,000 Seiren Company Limited 140,683 0.35 97,885 Shanghai International Airport – A 863,722 2.13 4,600 Shin-Etsu Chemical Company Limited 773,595 1.90 11,400 SMS Company Limited 348,202 0.86 7,400 Sony Corp. 775,375 1.91 12,600 Stanley Electric Company Limited 375,176 0.92 11,400 Sumitomo Mitsui Financial Group Inc. 412,794 1.02 6,200 Suzuki Motor Corp. 281,538 0.69 2,900 Sysmex Corp. 312,511 0.77 111,000 Taiwan Semiconductor Manufacturing Company Limited 2,283,558 5.63 3,400 Tdk Corp. 471,010 1.16 25,700 Tencent Holdings Limited 2,016,549 4.96 9,700 Terumo Corp. 350,536 0.86 8,600 Tokio Marine Holdings Inc. 409,172 1.01 11,400 Toyoda Gosei Company Limited 299,577 0.74 2,900 Toyota Industries Corp. 258,395 0.64 49,423 Vietnam Dairy Products JSC 209,119 0.52 3,128 Vipshop Holdings Limited 96,749 0.24 3,400 Yamaha Corp. 184,656 0.45 Total Equities 39,816,600 98.06 Total Transferable securities and money market instruments 39,879,692 98.22 admitted to an official exchange listing Investment in securities at market value 39,879,692 98.22 Cash 631,735 1.56 Other net assets 91,449 0.22 Total net assets 40,602,876 100.00

* Not authorized in Hong Kong and not available to Hong Kong Residents. ** Illiquid security The accompanying notes form an integral part of these financial statements.

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset India Mid Cap Equity Fund*

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Equities 188,947 ACC Limited 4,918,431 2.52 199,981 Aditya Birla Fashion & Retail-PP Limited 461,965 0.24 148,469 Ajanta Pharma Limited 3,638,651 1.86 1,654,756 Ashok Leyland Limited 2,568,743 1.31 850,839 Axis Bank Limited 8,116,173 4.15 43,756 Balkrishna Industries Limited 1,010,484 0.52 227,633 Bata India Limited 4,377,974 2.24 47,358 Bayer Cropscience Limited 3,460,031 1.77 3,163,753 Bharat Electronics Limited 5,413,158 2.77 721,885 Bharat Forge Limited 5,883,946 3.01 532,976 Bharat Petroleum Corp. Limited 3,119,547 1.59 792,829 Bharti Airtel Limited 5,609,354 2.87 76,563 Biocon Limited 428,181 0.22 238,169 Ceat Limited 5,070,365 2.59 961,008 Century Plyboards India Limited 4,182,985 2.14 73,529 Coforge Ltd 2,943,505 1.51 73,736 Craftsman Automation Limited 1,431,497 0.73 170,081 Crompton Greaves Consumer Electricals Limited 913,033 0.47 27,747 Dr Lal Pathlabs Limited 1,027,314 0.53 30,939 Emami Limited 205,652 0.11 156,233 Endurance Technologies Limited 3,111,500 1.59 3,618,164 Equitas Holdings Limited 4,317,621 2.21 8,329,886 Federal Bank Limited 8,635,730 4.41 1,691,200 Gateway Distriparks Limited** 4,105,671 2.10 2,030,303 Gujarat State Petronet Limited 7,590,507 3.88 741,029 ICICI Bank Limited 5,899,615 3.02 209,604 Ipca Laboratories Limited 5,457,583 2.79 1,429,950 Jindal Steel & Power Limited 6,719,932 3.44 2,862,616 Jyothy Laboratories Limited** 5,355,993 2.74 241,156 Kajaria Ceramics Limited 3,057,186 1.56 633,927 Marico Limited 3,566,061 1.82 364,987 Max Financial Services Limited 4,290,312 2.19 144,144 MindTree Limited 4,108,320 2.10 218,160 Mphasis Limited Natco 5,300,675 2.71 590,965 Pharma Limited NTPC 6,672,613 3.41 694,600 Limited 1,012,230 0.52 11,484 Page Industries Limited 4,761,861 2.44 4,096 Reliance Industries Limited 112,216 0.06 283,650 Shriram Transport Finance 5,517,786 2.82 73,093 Skf India Limited 2,248,709 1.15 115,741 SRF Limited 8,565,240 4.38 1,198,860 State Bank of India Limited 5,973,357 3.05 13,179 Sudarshan Chemical Industries Limited 93,396 0.05 470,662 Sun Pharmaceutical Industries Limited 3,848,185 1.97 45,413 Ttk Prestige Limited 4,503,012 2.30 751,217 TVS Motor Company Limited 6,011,035 3.07 616,044 Uti Asset Management Company Limited 4,912,145 2.51 435,478 Voltas Limited 5,967,647 3.05 Total Equities 196,497,127 100.49 Total Transferable securities and money market instruments 196,497,127 100.49 admitted to an official exchange listing Investment in securities at market value 196,497,127 100.49 Cash, net of bank overdraft 2,264,423 1.16 Other net liabilities (3,222,797) (1.65) Total net assets 195,538,753 100.00

* Not authorized in Hong Kong and not available to Hong Kong Residents. ** Illiquid security

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Global Dynamic Bond Fund*

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing Bonds 200,000 ACWA Power Management and Investments One Limited 229,750 1.08 5.950% 15/Dec/39 198,204.870800 Aeropuerto Internacional de Tocumen SA 6.000% 18/Nov/48 212,575 1.00 200,000 Azerbaijan (Govt of) 3.500% 1/Sep/32 198,156 0.93 200,000 Banco del Estado de Chile 3.875% 8/Feb/22 204,999 0.96 200,000 Bprl International Singapore Pte Limited 4.375% 18/Jan/27 211,044 0.99 300,000 Chile Electricity PEC SpA 0.000% – 25/Jan/28 245,187 1.15 250,000 Cikarang Listrindo Tbk PT 4.950% 14/Sep/26 255,834 1.20 100,000 DP World Limited 6.850% 2/Jul/37 129,668 0.61 100,000 Enel Generacion Chile SA 4.250% 15/Apr/24 107,630 0.50 200,000 First Abu Dhabi Bank PJSC FRN – 8/Aug/23 201,250 0.94 300,000 Ford Motor Credit Company FRN – 28/Mar/22 297,998 1.40 200,000 Grupo Bimbo SAB de CV 4.700% 10/Nov/47 223,222 1.05 200,000 Hikma Finance USA LLC 3.250% 9/Jul/25 207,322 0.97 100,000 ICL Group Limited 6.375% 31/May/38 126,085 0.59 700,000 JPMorgan Chase & Company FRN – 24/Oct/23 709,188 3.33 200,000 Klabin Finance SA 4.875% 19/Sep/27 218,750 1.02 200,000 Korea Development Bank FRN – 30/Oct/22 201,837 0.94 200,000 Marble II PTE Limited 5.300% 20/Jun/22 201,214 0.94 200,000 MEGlobal Canada ULCDL 5.000% 18/May/25 222,790 1.04 500,000 Mizuho Financial Group Inc. FRN – 13/Sep/21 502,459 2.35 200,000 Morgan Stanley FRN – 24/Oct/23 203,577 0.95 250,000 NTPC Limited 4.750% 3/Oct/22 263,289 1.23 200,000 OCP SA 6.875% 25/Apr/44 233,662 1.10 250,000 Pertamina Persero PT 6.450% 30/May/44 311,815 1.45 200,000 Petrobras Global Finance BV 5.999% 27/Jan/28 218,822 1.03 200,000 Petrobras Global Finance BV 6.750% 3/Jun/50 210,702 0.99 300,000 Petroleos Mexicanos 6.875% 4/Aug/26 321,897 1.50 200,000 Prosus NV 4.027% 3/Aug/50 182,176 0.85 200,000 Saudi Arabian Oil Company 2.750% 16/Apr/22 204,612 0.96 200,000 Thaioil Treasury Center Company 4.875% 23/Jan/43 214,582 1.01 Total Bonds 7,272,092 34.06

Schedule of Investments (Expressed in USD) as at 31 March 2021 (continued) Mirae Asset Global Dynamic Bond Fund*

Quantity Description Market value % of Net assets Transferable securities and money market instruments admitted to an official exchange listing (continued) Supranationals, Governments and Local Public Authorities, Debt Instruments 500,000 Abu Dhabi (Govt of) 2.500% 16/Apr/25 527,333 2.47 200,000 Abu Dhabi (Govt of) 0.750% 2/Sep/23 200,917 0.94 200,000 Bahrain (Govt of) 5.250% 25/Jan/33 190,840 0.89 200,000 Brazil (Govt of) 4.750% 14/Jan/50 180,416 0.85 200,000 Brazil (Govt of) 6.000% 7/Apr/26 229,518 1.08 200,000 Colombia (Govt of) 4.000% 26/Feb/24 213,049 1.00 200,000 Colombia (Govt of) 4.125% 15/May/51 189,594 0.89 200,000 Egypt (Govt of) 7.500% 31/Jan/27 218,090 1.02 500,000 Export-Import Bank of Korea 5.000% 11/Apr/22 523,289 2.45 15,000,000 International Bank for Reconstruction & Development 6.750% 203,450 0.95 14/Nov/22 200,000 Mexico (Govt of) Bonos 4.750% 27/Apr/32 222,343 1.04 200,000 Morocco (Govt of) 4.000% 15/Dec/50 177,975 0.83 200,000 Morocco (Govt of) 2.375% 15/Dec/27 193,838 0.91 200,000 Oman (Govt of) 5.625% 17/Jan/28 207,042 0.97 200,000 Oman (Govt of) 6.250% 25/Jan/31 210,011 0.98 200,000 Panama (Govt of) 4.500% 1/Apr/56 219,308 1.03 200,000 Qatar (Govt of) 4.817% 14/Mar/49 245,202 1.15 500,000 Qatar (Govt of) 3.875% 23/Apr/23 533,526 2.50 250,000 Saudi (Govt) 2.375% 26/Oct/21 252,755 1.18 400,000 South Africa (Govt of) 5.875% 30/May/22 421,954 1.98 200,000 Turkey (Govt of) 7.625% 26/Apr/29 203,508 0.95 200,000 Turkey (Govt of) 7.250% 23/Dec/23 206,040 0.97 200,000 United Mexican States (Govt of) 4.350% 15/Jan/47 198,130 0.93 1,500,000 United States Treasury N/B 2.875% 30/Nov/23 1,603,828 7.50 1,000,000 United States Treasury N/B 0.125% 31/May/22 1,000,391 4.69 1,000,000 United States Treasury N/B 1.500% 30/Nov/21 1,009,766 4.73 Total Supranationals, Governments and Local Public 9,582,113 44.88 Authorities, Debt Instruments Total Transferable securities and money market instruments 16,854,205 78.94 admitted to an official exchange listing Transferable securities and money market instruments dealt in on another regulated market and recently issued transferable securities Bonds 200,000 Tengizchevroil Finance Company 3.250% 15/Aug/30 199,786 0.94 200,000 Tengizchevroil Finance Company International Limited 4.000% 213,722 1.01 15/Aug/26 200,000 UniCredit SpA 3.750% 12/Apr/22 205,811 0.96 Total Bonds 619,319 2.91 Mortgage and Asset Backed Securities 426,108.131108 Fannie Mae Interest Strip 3.500% 25/Jan/42 55,151 0.26 442,202.926213 Freddie Mac 4.000% 15/Jan/43 78,615 0.37 Total Mortgage and Asset Backed Securities 133,766 0.63 Total Transferable securities and money market instruments 753,085 3.54 dealt in on another regulated market and recently issued transferable securities

Quantity Description Market value % of Net assets Other transferable securities and money market instruments Bonds 90,000 Hyundai Capital America 3.000% 20/Jun/22 92,424 0.43 Total Bonds 92,424 0.43 Total Other transferable securities and money market 92,424 0.43 instruments Undertakings for collective investments in transferable securities 20,000 Ishares China Cny Bond Ucits ETF 106,910 0.50 13,000 iShares II plc – JPMorgan USD Emerging Markets Bond Fund 1,402,700 6.57 10,000 iShares USD Corporate Bond UCITS ETF 1,233,400 5.78 Total Undertakings for collective investments in transferable 2,743,010 12.85 securities Investment in securities at market value 20,442,724 95.76 Cash 558,188 2.61 Other net assets 346,498 1.63 Total net assets 21,347,410 100.00

* Not authorized in Hong Kong and not available to Hong Kong Residents. The accompanying notes form an integral part of these financial statements.

Industrial & Geographical Classification as at 31 March 2021 Mirae Asset Korea Equity Fund*

Industrial Classification as at 31 March 2021 % NAV Semiconductors 22.98 Internet software and services 8.59 Chemicals 7.31 Auto manufacturers 6.82 Financial services 6.43 Electrical equipment 5.44 Pharmaceuticals 5.12 Machinery 4.52 Electronic equipment 4.17 Automobile parts and equipment 3.95 Cosmetics and personal care 2.93 Retail 2.93 Iron and steel 2.15 Telecommunication services 2.09 Telecommunication equipment 1.93 Oil and gas producers 1.92 Leisure and entertainment 1.74 Mining (non precious) 1.55 Plastics and Rubber 1.15 Insurance 1.05 Transportation 0.75 Total investment in securities 95.52 Cash 5.29 Other net liabilities (0.81) Total net assets 100.00

Geographical Classification as at 31 March 2021 % NAV Republic of Korea (South) 95.52 Total investment in securities 95.52 Cash 5.29 Other net liabilities (0.81) Total net assets 100.00

* Not authorized in Hong Kong and not available to Hong Kong Residents.

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset China Sector Leader Equity Fund

Industrial Classification as at 31 March 2021 % NAV Internet software and services 24.30 Machinery 9.74 Food 9.23 Beverages 6.44 Software 6.12 Commercial services 4.66 Retail 3.46 Healthcare services 3.31 Insurance 3.27 Electrical equipment 2.65 Auto manufacturers 2.59 Energy – alternate sources 2.45 Leisure 2.35 Pharmaceuticals 2.00 Apparel 1.76 Financial services 1.75 Banks 1.71 Public services 1.68 Biotechnology 1.48 Real estate investment trust 1.44 Telecommunication services 1.03 Oil and gas services 0.29 Total investment in securities 93.71 Cash 7.05 Other net liabilities (0.76) Total net assets 100.00

Geographical Classification as at 31 March 2021 % NAV Cayman Islands 49.17 China 38.83 Hong Kong 5.71 Total investment in securities 93.71 Cash 7.05 Other net liabilities (0.76) Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset India Sector Leader Equity Fund

Industrial Classification as at 31 March 2021 % NAV Banks 26.73 IT Consulting and services 12.06 Engineering and construction 7.10 Financial services 6.22 Oil and gas producers 6.12 Building materials 5.13 Mining (non precious) 5.04 Auto manufacturers 3.73 Iron and steel 3.66 Healthcare services 3.56 Electrical equipment 2.87 Software 2.79 Pharmaceuticals 2.08 Oil and gas services 1.94 Cosmetics and personal care 1.87 Real estate 1.53 Home builders 1.50 Restaurants 1.43 Lodging 1.42 Beverages 1.41 Telecommunication services 1.29 Retail 1.29 Household products 0.91 Leisure and entertainment 0.61 Total investment in securities 102.29 Cash, net of bank overdraft 1.95 Other net liabilities (4.24) Total net assets 100.00

Geographical Classification as at 31 March 2021 % NAV India 102.29 Total investment in securities 102.29 Cash, net of bank overdraft 1.95 Other net liabilities (4.24) Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset Asia Sector Leader Equity Fund

Industrial Classification as at 31 March 2021 % NAV Banks 18.09 Semiconductors 15.31 Internet software and services 13.73 Insurance 4.93 Auto manufacturers 4.73 Oil and gas producers 4.09 Financial services 3.41 Retail 3.30 Healthcare services 2.73 Automobile parts and equipment 2.71 Agriculture 2.44 Mining (non precious) 2.42 Iron and steel 2.36 Machinery 2.35 Chemicals 1.74 IT Consulting and services 1.55 Building materials 1.53 Pharmaceuticals 1.47 Oil and gas services 1.47 Engineering and construction 1.36 Real estate investment trust 1.27 Lodging 1.23 Electronic equipment 1.20 Public services 0.97 Energy – alternate sources 0.89 Commercial services 0.57 Cosmetics and personal care 0.50 Telecommunication equipment 0.11 Total investment in securities 98.46 Cash, net of bank overdraft 0.84 Other net assets 0.70 Total net assets 100.00

Geographical Classification as at 31 March 2021 % NAV Republic of Korea (South) 23.17 India 22.68 China 14.90 Cayman Islands 14.28 Taiwan 6.66 Hong Kong 4.36 Vietnam 3.71 United Kingdom 3.67 Singapore 1.50 Indonesia 1.39 Malaysia 1.29 Philippines 0.85 Total investment in securities 98.46 Cash, net of bank overdraft 0.84 Other net assets 0.70 Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset Asia Pacific Equity Fund

Industrial Classification as at 31 March 2021 % NAV Banks 18.67 Semiconductors 16.40 Internet software and services 12.38 Oil and gas producers 4.15 Retail 4.09 Auto manufacturers 4.01 Mining (non precious) 3.93 Financial services 3.43 Insurance 3.32 Healthcare services 3.11 Iron and steel 2.60 Automobile parts and equipment 2.57 Agriculture 2.42 Machinery 2.11 Chemicals 1.73 IT Consulting and services 1.70 Pharmaceuticals 1.55 Oil and gas services 1.49 Engineering and construction 1.49 Building materials 1.48 Lodging 1.29 Electronic equipment 0.91 Public services 0.78 Leisure and entertainment 0.74 Biotechnology 0.70 Commercial services 0.65 Cosmetics and personal care 0.23 Telecommunication equipment 0.05 Total investment in securities 97.98 Cash, net of bank overdraft 1.08 Other net assets 0.94 Total net assets 100.00

Geographical Classification as at 31 March 2021 % NAV Republic of Korea (South) 23.56 India 21.25 China 14.49 Cayman Islands 12.69 Taiwan 6.76 Vietnam 5.62 Australia 4.00 United Kingdom 3.68 Hong Kong 3.54 Malaysia 1.71 Philippines 0.68 Total investment in securities 97.98 Cash, net of bank overdraft 1.08 Other net assets 0.94 Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset GEM Sector Leader Equity Fund

Industrial Classification as at 31 March 2021 % NAV Banks 20.84 Internet software and services 14.23 Semiconductors 12.37 Retail 6.99 Oil and gas producers 5.10 Financial services 4.53 Auto manufacturers 4.13 Agriculture 3.04 Insurance 2.64 Automobile parts and equipment 2.33 Machinery 2.13 Iron and steel 1.95 Mining (non precious) 1.93 Healthcare services 1.91 Investment companies 1.72 Building materials 1.66 Energy – alternate sources 1.50 Pharmaceuticals 1.40 Chemicals 1.40 IT Consulting and services 1.34 Electronic equipment 1.18 Lodging 1.17 Consumer goods 0.87 Public services 0.58 Software 0.52 Commercial services 0.37 Total investment in securities 97.83 Cash 2.14 Other net assets 0.03 Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset GEM Sector Leader Equity Fund

Geographical Classification as at 31 March 2021 % NAV Republic of Korea (South) 18.82 India 18.09 China 13.96 Cayman Islands 11.72 Taiwan 6.35 Brazil 5.27 United Kingdom 3.88 Hong Kong 2.74 Netherlands 2.71 Russian Federation 2.55 Vietnam 2.31 Mexico 1.93 South Africa 1.67 Indonesia 1.26 Saudi Arabia 0.92 United States 0.91 Bermuda 0.64 Philippines 0.62 United Arab Emirates 0.58 Poland 0.52 Kazakhstan 0.38 Total investment in securities 97.83 Cash 2.14 Other net assets 0.03 Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset Asia Great Consumer Equity Fund

Industrial Classification as at 31 March 2021 % NAV Internet software and services 23.68 Banks 11.86 Auto manufacturers 7.72 Retail 6.08 Leisure 5.79 Food 4.90 Cosmetics and personal care 4.81 Insurance 4.74 Household products 4.45 Leisure and entertainment 4.08 Transportation 3.55 Semiconductors 2.21 Commercial services 2.12 Software 1.97 Chemicals 1.80 Healthcare services 1.72 Restaurants 1.65 Public services 1.38 Real estate 1.12 Total investment in securities 95.63 Cash 5.72 Other net liabilities (1.35) Total net assets 100.00

Geographical Classification as at 31 March 2021 % NAV China 24.63 Cayman Islands 19.75 Republic of Korea (South) 19.36 India 19.26 Hong Kong 6.96 Indonesia 2.94 Thailand 1.43 Philippines 1.12 Vietnam 0.18 Total investment in securities 95.63 Cash 5.72 Other net liabilities (1.35) Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset Global Great Consumer Equity Fund*

Industrial Classification as at 31 March 2021 % NAV Internet software and services 22.87 Software 12.02 Semiconductors 11.69 Retail 9.60 Pharmaceuticals 5.04 Financial services 4.97 Biotechnology 4.93 Auto manufacturers 3.16 Leisure and entertainment 3.09 Broadcasting, radio and television 3.03 Apparel 3.01 Healthcare supplies and equipment 2.98 Electronic equipment 2.98 Restaurants 2.97 Total investment in securities 92.34 Cash 12.17 Other net liabilities (4.51) Total net assets 100.00

Geographical Classification as at 31 March 2021 % NAV United States 76.63 Netherlands 6.58 China 3.35 Bermuda 3.07 Cayman Islands 2.71 Total investment in securities 92.34 Cash 12.17 Other net liabilities (4.51) Total net assets 100.00

* Not authorized in Hong Kong and not available to Hong Kong Residents.

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset Asia Growth Equity Fund

Industrial Classification as at 31 March 2021 % NAV Semiconductors 20.09 Internet software and services 15.47 Software 8.71 Energy – alternate sources 5.62 Insurance 4.51 Auto manufacturers 3.57 Electrical equipment 3.49 Steel and Chemical plants 2.72 Machinery 2.48 Commercial services 2.20 Telecommunication services 2.05 Food services 2.00 Building materials 1.92 Oil and gas producers 1.88 IT Consulting and services 1.85 Real estate investment trust 1.83 Pharmaceuticals 1.72 Miscellaneous machinery 1.64 Automobile parts and equipment 1.63 Industrials 1.61 Banks 1.56 Tobacco 1.36 Telecommunication equipment 1.28 Agriculture 1.05 Electronic equipment 1.00 Chemicals 0.99 Financial services 0.84 Healthcare services 0.81 Household products 0.46 Beverages 0.22 Total investment in securities 96.56 Cash 4.48 Other net liabilities (1.04) Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset Asia Growth Equity Fund

Geographical Classification as at 31 March 2021 % NAV China 26.96 Cayman Islands 25.93 Republic of Korea (South) 14.52 Taiwan 13.92 Hong Kong 6.86 India 5.43 Vietnam 2.72 Singapore 0.22 Total investment in securities 96.56 Cash 4.48 Other net liabilities (1.04) Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset China Growth Equity Fund

Industrial Classification as at 31 March 2021 % NAV Internet software and services 26.15 Software 8.48 Food 7.88 Machinery 5.88 Beverages 5.59 Commercial services 5.30 Insurance 3.94 Healthcare services 3.48 Banks 2.72 Retail 2.66 Leisure 2.40 Electrical equipment 2.21 Auto manufacturers 2.06 Pharmaceuticals 1.83 Energy – alternate sources 1.53 Electronic equipment 1.51 Financial services 1.50 Apparel 1.47 Real estate investment trust 1.44 Restaurants 1.31 Public services 1.19 Mining (non precious) 1.05 Biotechnology 1.04 Oil and gas services 0.99 Transportation 0.89 Telecommunication services 0.81 Total investment in securities 95.31 Cash 5.34 Other net liabilities (0.65) Total net assets 100.00

Geographical Classification as at 31 March 2021 % NAV Cayman Islands 51.72 China 41.30 Hong Kong 2.29 Total investment in securities 95.31 Cash 5.34 Other net liabilities (0.65) Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset Next Asia Pacific Equity Fund*

Industrial Classification as at 31 March 2021 % NAV Internet software and services 16.90 Semiconductors 10.21 Banks 8.32 Chemicals 4.78 Machinery 4.33 Insurance 3.97 Leisure and entertainment 3.86 Retail 3.63 Electronic equipment 3.37 Food 3.34 Auto manufacturers 3.14 Household products 2.76 Healthcare supplies and equipment 2.39 Commercial services 2.32 Automobile parts and equipment 2.30 Leisure 2.26 Transportation 2.13 Home furnishings 1.91 IT Consulting and services 1.91 Building materials 1.59 Restaurants 1.44 Environment control and services 1.38 Electrical equipment 1.37 Computers and peripherals 1.16 Miscellaneous machinery 1.01 Pharmaceuticals 0.98 Distribution and wholesale 0.96 Software 0.95 Healthcare services 0.81 Biotechnology 0.64 Public services 0.43 Textiles 0.35 Financial services 0.35 Iron and steel 0.34 Cosmetics and personal care 0.33 Industrials 0.30 Total investment in securities 98.22 Cash 1.56 Other net assets 0.22 Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset Next Asia Pacific Equity Fund*

Geographical Classification as at 31 March 2021 % NAV Japan 36.52 China 15.20 Cayman Islands 13.70 Republic of Korea (South) 11.04 India 10.43 Taiwan 5.63 Hong Kong 2.90 Indonesia 1.64 Australia 0.64 Vietnam 0.52 Total investment in securities 98.22 Cash 1.56 Other net assets 0.22 Total net assets 100.00

* Not authorized in Hong Kong and not available to Hong Kong Residents.

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset India Mid Cap Equity Fund*

Industrial Classification as at 31 March 2021 % NAV Banks 14.63 Pharmaceuticals 10.14 Financial services 7.54 Building materials 6.22 Textiles 4.38 Metal fabrication 4.16 Oil and gas services 3.88 Automobile parts and equipment 3.84 IT Consulting and services 3.61 Iron and steel 3.44 Leisure and entertainment 3.07 Engineering and construction 3.05 Auto manufacturers 2.90 Telecommunication services 2.87 Electronic equipment 2.77 Consumer goods 2.74 Software 2.71 Apparel 2.44 Home furnishings 2.30 Plastics and Rubber 2.24 Insurance 2.19 Transportation 2.10 Household products 1.82 Chemicals 1.82 Oil and gas producers 1.65 Healthcare services 0.53 Electrical utilities 0.52 Electrical equipment 0.47 Retail 0.24 Biotechnology 0.22 Total investment in securities 100.49 Cash, net of bank overdraft 1.16 Other net liabilities (1.65) Total net assets 100.00

Geographical Classification as at 31 March 2021 % NAV India 100.49 Total investment in securities 100.49 Cash, net of bank overdraft 1.16 Other net liabilities (1.65) Total net assets 100.00

* Not authorized in Hong Kong and not available to Hong Kong Residents.

Industrial & Geographical Classification as at 31 March 2021 (continued) Mirae Asset Global Dynamic Bond Fund*

Industrial Classification as at 31 March 2021 % NAV Governments 45.80 Open-ended Funds 12.85 Banks 9.49 Oil and gas producers 6.87 Electrical utilities 5.07 Financial services 2.93 Chemicals 2.73 Auto manufacturers 1.83 Consumer goods 1.08 Food 1.05 Packaging and containers 1.02 Investment companies 1.01 Transportation 1.00 Software 0.94 Internet software and services 0.85 Mortgage and Asset Backed Securities 0.63 Commercial services 0.61 Total investment in securities 95.76 Cash 2.61 Other net assets 1.63 Total net assets 100.00

Industrial & Geographical Classification as at 31 March 2021 (continued)

Geographical Classification as at 31 March 2021 % NAV United States 24.63 Ireland 12.85 United Arab Emirates 6.04 Mexico 4.52 Netherlands 4.07 Qatar 3.65 Republic of Korea (South) 3.39 Morocco 2.84 Chile 2.61 Japan 2.35 Saudi Arabia 2.14 Panama 2.03 South Africa 1.98 Oman 1.95 Bermuda 1.95 Singapore 1.93 Brazil 1.93 Turkey 1.92 Colombia 1.89 Indonesia 1.45 India 1.23 Canada 1.04 Egypt 1.02 Luxembourg 1.02 Thailand 1.01 Italy 0.96 Supranational 0.95 Azerbaijan 0.93 Bahrain 0.89 Israel 0.59 Total investment in securities 95.76 Cash 2.61 Other net assets 1.63 Total net assets 100.00

* Not authorized in Hong Kong and not available to Hong Kong Residents.

Unaudited Supplementary Information

Information on Remuneration The total amount of remuneration is based on a combination of the assessment of the performance of the individual, the FundRock Management Company S.A. (“FundRock”) has overall results of FundRock, and when assessing individual established and applies a remuneration policy in accordance performance, financial as well as non-financial criteria are with the principles laid out under the AIFMD and UCITS V taken into account. directive, and any related legal & regulatory provisions applicable in Luxembourg. The remuneration policy is The Policy is subject to annual review by the Compliance aligned with the business strategy, objectives, values and Officer and the update is performed by HR department of interests of the Management Company and the Funds that FundRock and is presented for review to the Remuneration it manages and of the investors in such Funds, and which Committee and approval by the Board of FundRock. includes, inter alia, measures to avoid conflicts of interest; and it is consistent with and promotes sound and effective European Regulation (EU) 2015/2365 on the risk management and does not encourage risk taking which transparency of financial transactions in securities is inconsistent with the risk profiles, rules or instruments of and reuse of collateral (Securities Financing incorporation of the Funds that the Management Company Transactions or SFTR) manages. During the year ended 31 March 2021, the Company did As an independent management company relying on a full- not enter into securities financing transactions and total delegation model (i.e. delegation of the collective portfolio return swaps. management function), FundRock ensures that its remuneration policy adequately reflects the predominance of its oversight activity within its core activities. As such, it should be noted that FundRock’s employees who are identified as risk-takers under UCITS V are not remunerated based on the performance of the funds under management.

A paper version of the remuneration policy is made available free of charge to investors at FundRock’s registered office.

The amount of remuneration for the financial year ending 31 December 2020 paid by FundRock to its staff: EUR 12,070,862.

Fixed remuneration: EUR 11,288,396 Variable remuneration: EUR 782,466

Number of beneficiaries: 133

The aggregated amount of remuneration for the financial year ending 31 December 2020 paid by FundRock to Identified staff/risk takers is EUR 1,948,900.

Information on exposure arising from financial the use of derivative instruments a) Gross exposure arising from the use of financial derivative instrument during the period (as a proportion to the sub-fund’s total net asset value):

Sub-fund Name Maximum Minimum Average Mirae Asset Asia Great Consumer Equity Fund 2.47 0.00 0.10 Mirae Asset Asia Growth Equity Fund 1.58 0.00 0.10 Mirae Asset Asia Pacific Equity Fund 4.69 0.00 0.36 Mirae Asset Asia Sector Leader Equity Fund 4.57 0.00 0.33 Mirae Asset China Growth Equity Fund 1.71 0.00 0.07 Mirae Asset China Sector Leader Equity Fund 1.76 0.00 0.11 Mirae Asset GEM Sector Leader Equity Fund 1.51 0.00 0.08 Mirae Asset Global Dynamic Bond Fund* 10.88 0.00 4.43 Mirae Asset Global Great Consumer Equity Fund* 46.71 0.00 0.23 Mirae Asset India Mid Cap Equity Fund* 1.68 0.00 0.03 Mirae Asset India Sector Leader Equity Fund 7.39 0.00 0.48 Mirae Asset Korea Equity Fund* 0.78 0.00 0.08 Mirae Asset Next Asia Pacific Equity Fund* 1.23 0.00 0.04 b) Net derivative exposure during the period (as a proportion to the sub-fund’s total net asset value):

Sub-fund Name Maximum Minimum Average Mirae Asset Asia Great Consumer Equity Fund 0.00 0.00 0.00 Mirae Asset Asia Growth Equity Fund 0.19 0.00 0.01 Mirae Asset Asia Pacific Equity Fund 4.59 0.00 0.27 Mirae Asset Asia Sector Leader Equity Fund 4.48 0.00 0.25 Mirae Asset China Growth Equity Fund 0.00 0.00 0.00 Mirae Asset China Sector Leader Equity Fund 0.00 0.00 0.00 Mirae Asset GEM Sector Leader Equity Fund 0.17 0.00 0.01 Mirae Asset Global Dynamic Bond Fund* 14.64 0.00 5.97 Mirae Asset Global Great Consumer Equity Fund* 0.00 0.00 0.00 Mirae Asset India Mid Cap Equity Fund* 0.27 0.00 0.02 Mirae Asset India Sector Leader Equity Fund 7.24 0.00 0.46 Mirae Asset Korea Equity Fund* 0.78 0.00 0.08 Mirae Asset Next Asia Pacific Equity Fund* 0.00 0.00 0.00

* Not authorized in Hong Kong and not available to Hong Kong Residents.

Information on share class performance for the year

Sub-fund Name Average Mirae Asset Korea Equity Fund - EUR Class A 58.20 Mirae Asset Korea Equity Fund - USD Class A 69.58 Mirae Asset China Sector Leader Equity Fund - EUR Class A 12.38 Mirae Asset China Sector Leader Equity Fund - USD Class A 73.68 Mirae Asset China Sector Leader Equity Fund - USD Class I -36.72 Mirae Asset China Sector Leader Equity Fund - USD Class K 75.19 Mirae Asset China Sector Leader Equity Fund - EUR Class R N/A Mirae Asset China Sector Leader Equity Fund - USD Class R N/A Mirae Asset Asia Pacific Equity Fund - EUR Class A 61.01 Mirae Asset Asia Pacific Equity Fund - USD Class A 72.65 Mirae Asset Asia Pacific Equity Fund- GBP Class I 55.86 Mirae Asset Asia Pacific Equity Fund - USD Class I 73.35 Mirae Asset Asia Pacific Equity Fund - USD Class K 73.97 Mirae Asset GEM Sector Leader Equity Fund - USD Class A 63.81 Mirae Asset GEM Sector Leader Equity Fund - USD Class K 65.22 Mirae Asset India Sector Leader Equity Fund - EUR Class A 64.72 Mirae Asset India Sector Leader Equity Fund - EUR Hedged Class A N/A Mirae Asset India Sector Leader Equity Fund - USD Class A 76.55 Mirae Asset India Sector Leader Equity Fund - EUR Class I 65.53 Mirae Asset India Sector Leader Equity Fund - USD Class I 77.50 Mirae Asset India Sector Leader Equity Fund - USD Class K 78.14 Mirae Asset India Sector Leader Equity Fund - EUR Class R 65.94 Mirae Asset India Sector Leader Equity Fund - EUR Hedged Class R 74.89 Mirae Asset India Sector Leader Equity Fund - GBP Class R 59.85 Mirae Asset India Sector Leader Equity Fund - USD Class R 77.91 Mirae Asset Asia Great Consumer Equity Fund - CHF Hedged Class A 45.45 Mirae Asset Asia Great Consumer Equity Fund - EUR Class A 38.17 Mirae Asset Asia Great Consumer Equity Fund - EUR Hedged Class A 45.80 Mirae Asset Asia Great Consumer Equity Fund - GBP Class A 35.04 Mirae Asset Asia Great Consumer Equity Fund - USD Class A 48.06 Mirae Asset Asia Great Consumer Equity Fund - EUR Class I 38.94 Mirae Asset Asia Great Consumer Equity Fund - EUR Hedged Class I N/A Mirae Asset Asia Great Consumer Equity Fund - USD Class I 48.87 Mirae Asset Asia Great Consumer Equity Fund - USD Class K 49.43 Mirae Asset Asia Great Consumer Equity Fund - AUD Class N 20.21 Mirae Asset Asia Great Consumer Equity Fund - CHF Hedged Class R N/A Mirae Asset Asia Great Consumer E qu ity Fund - EUR Class R 39.26 Mirae Asset Asia Great Consumer Equity Fund - EUR Hedged Class R N/A Mirae Asset Asia Great Consumer Equity Fund - GBP Class R 33.98 Mirae Asset Asia Great Consumer Equity Fund - USD Class R 49.23 Mirae Asset Asia Great Consumer Equity Fund - GBP Distribution Class Z N/A Mirae Asset Asia Great Consumer Equity Fund - USD Distribution Class Z N/A

Sub-fund Name Average Mirae Asset Global Dynamic Bond Fund - USD Class A 7.85 Mirae Asset Global Dynamic Bond Fund - USD Class I 8.42 Mirae Asset Global Dynamic Bond Fund - USD Class K 8.74 Mirae Asset Asia Sector Leader Equity Fund - EUR Class A 61.28 Mirae Asset Asia Sector Leader Equity Fund - EUR Hedged Class A 70.35 Mirae Asset Asia Sector Leader Equity Fund - USD Class A 73.01 Mirae Asset Asia Sector Leader Equity Fund - USD Class I 73.84 Mirae Asset Asia Sector Leader Equity Fund - JPY Class J 77.85 Mirae Asset Asia Sector Leader Equity Fund - USD Class K 74.40 Mirae Asset Asia Sector Leader Equity Fund - AUD Class N 40.43 Mirae Asset Asia Sector Leader Equity Fund - EUR Class R 62.55 Mirae Asset Asia Sector Leader Equity Fund - EUR Hedged Class R 71.22 Mirae Asset Asia Sector Leader Equity Fund - GBP Class R 56.63 Mirae Asset Asia Sector Leader Equity Fund - USD Class R 74.37 Mirae Asset Asia Sector Leader Equity Fund - GBP Class Z 56.82 Mirae Asset Global Great Consumer Equity Fund - USD Class E N/A Mirae Asset Global Great Consumer Equity Fund - USD Class K 45.06 Mirae Asset Asia Growth Equity Fund - EUR Class A N/A Mirae Asset Asia Growth Equity Fund - USD Class A N/A Mirae Asset Asia Growth Equity Fund - USD Class I 87.19 Mirae Asset Asia Growth Equity Fund - USD Class K 87.95 Mirae Asset Asia Growth Equity Fund - USD Class R N/A Mirae Asset China Growth Equity Fund - EUR Class A N/A Mirae Asset China Growth Equity Fund - EUR Hedged Class A N/A Mirae Asset China Growth Equity Fund - USD Class A 74.21 Mirae Asset China Growth Equity Fund - GBP Class E 58.47 Mirae Asset China Growth Equity Fund - EUR Class I 63.48 Mirae Asset China Growth Equity Fund - USD Class I 75.21 Mirae Asset China Growth Equity Fund - USD Class K 75.84 Mirae Asset China Growth Equity Fund - EUR Class R 63.68 Mirae Asset China Growth Equity Fund - EUR Hedged Class R 16.55 Mirae Asset China Growth Equity Fund - GBP Class R N/A Mirae Asset China Growth Equity Fund - USD Class R 75.41 Mirae Asset Next Asia Pacific Equity Fund - JPY Class J 54.70 Mirae Asset India Mid Cap Equity Fund - USD Class I 93.54 Mirae Asset India Mid Cap Equity Fund - JPY Class J 97.98 Mirae Asset India Mid Cap Equity Fund - USD Class R 93.96

Performance of Sub-Funds by Share Class

These figures represent the evolution of the Net Asset value as of 31 March 2021. Past performance is no indication of current or future performance. These performance data do not take account of the commissions and costs incurred on the issue and redemption of units.

Performance to 31 March 2021: Sub-Funds Classes Performances Performances Performances 3 years (%) 1 year (%) since inception (%) Mirae Asset Korea Equity Fund A Capitalisation USD 0.95 69.58 37.70 Mirae Asset Korea Equity Fund A Capitalisation EUR 6.04 58.20 71.30 Mirae Asset Korea Equity Fund I Capitalisation USD(1) not available not available not available Mirae Asset Korea Equity Fund R Capitalisation USD(2) not available not available not available Mirae Asset China Sector Leader Equity Fund A Capitalisation USD 63.19 73.68 205.50 Mirae Asset China Sector Leader Equity Fund A Capitalisation EUR(3) 12.38 12.38 (14.05) Mirae Asset China Sector Leader Equity Fund I Capitalisation USD(4) (36.72) (36.72) (19.70) Mirae Asset China Sector Leader Equity Fund K Capitalisation USD 67.61 75.19 147.90 Mirae Asset China Sector Leader Equity Fund R Capitalisation USD(5) not available not available 0.70 Mirae Asset China Sector Leader Equity Fund R Capitalisation EUR(5) not available not available 2.14 Mirae Asset India Sector Leader Equity Fund A Capitalisation USD 21.15 76.55 98.80 Mirae Asset India Sector Leader Equity Fund A Capitalisation EUR 27.39 64.72 36.87 Mirae Asset India Sector Leader Equity Fund A Capitalisation EUR Hedged(6) not available not available 60.80 Mirae Asset India Sector Leader Equity Fund I Capitalisation USD 23.19 77.50 109.80 Mirae Asset India Sector Leader Equity Fund I Capitalisation EUR 29.53 65.53 24.19 Mirae Asset India Sector Leader Equity Fund K Capitalisation USD 24.58 78.14 120.00 Mirae Asset India Sector Leader Equity Fund R Capitalisation USD 24.08 77.91 58.70 Mirae Asset India Sector Leader Equity Fund R Capitalisation EUR not available 65.94 82.17 Mirae Asset India Sector Leader Equity Fund R Capitalisation EUR Hedged not available 74.89 74.89 Mirae Asset India Sector Leader Equity Fund R Capitalisation GBP 26.76 59.85 122.26 Mirae Asset Asia Sector Leader Equity Fund A Capitalisation USD 24.82 73.01 93.60 Mirae Asset Asia Sector Leader Equity Fund A Capitalisation EUR 30.99 61.28 77.67 Mirae Asset Asia Sector Leader Equity Fund A Capitalisation EUR Hedged 14.71 70.35 48.90 Mirae Asset Asia Sector Leader Equity Fund A Capitalisation GBP(7) not available not available not available Mirae Asset Asia Sector Leader Equity Fund I Capitalisation USD 26.73 73.84 102.00 Mirae Asset Asia Sector Leader Equity Fund I Capitalisation EUR(8) not available not available not available Mirae Asset Asia Sector Leader Equity Fund J Capitalisation JPY 33.26 77.85 135.51 Mirae Asset Asia Sector Leader Equity Fund K Capitalisation USD 28.02 74.40 169.10 Mirae Asset Asia Sector Leader Equity Fund N Capitalisation AUD 31.58 40.43 34.41 Mirae Asset Asia Sector Leader Equity Fund R Capitalisation USD 27.59 74.37 66.00 Mirae Asset Asia Sector Leader Equity Fund R Capitalisation EUR 33.93 62.55 47.33 Mirae Asset Asia Sector Leader Equity Fund R Capitalisation EUR Hedged 17.02 71.22 14.00 Mirae Asset Asia Sector Leader Equity Fund R Capitalisation GBP 30.44 56.63 104.53 Mirae Asset Asia Sector Leader Equity Fund Z Capitalisation GBP not available 56.82 36.21 Mirae Asset Asia Pacific Equity Fund A Capitalisation USD 25.57 72.65 158.80 Mirae Asset Asia Pacific Equity Fund A Capitalisation EUR 31.78 61.01 200.59 Mirae Asset Asia Pacific Equity Fund I Capitalisation USD 27.43 73.35 184.30 Mirae Asset Asia Pacific Equity Fund I Capitalisation GBP 30.69 55.86 203.59 Mirae Asset Asia Pacific Equity Fund K Capitalisation USD 28.79 73.97 119.20 Mirae Asset GEM Sector Leader Equity Fund A Capitalisation USD 14.55 63.81 77.90 Mirae Asset GEM Sector Leader Equity Fund K Capitalisation USD 17.34 65.22 56.30 Mirae Asset Asia Great Consumer Equity Fund A Capitalisation USD 43.88 48.06 144.60 Mirae Asset Asia Great Consumer Equity Fund A Capitalisation EUR 51.12 38.17 164.36 Mirae Asset Asia Great Consumer Equity Fund A Capitalisation CHF Hedged 31.60 45.45 65.40 Mirae Asset Asia Great Consumer Equity Fund A Capitalisation EUR Hedged 32.60 45.80 68.23 Mirae Asset Asia Great Consumer Equity Fund A Capitalisation GBP 49.24 35.04 49.03 Mirae Asset Asia Great Consumer Equity Fund I Capitalisation USD 46.34 48.87 158.00 Mirae Asset Asia Great Consumer Equity Fund I Capitalisation EUR 53.66 38.94 83.76 Mirae Asset Asia Great Consumer Equity Fund I Capitalisation EUR Hedged(9) not available not available not available Mirae Asset Asia Great Consumer Equity Fund K Capitalisation USD 47.82 49.43 174.20

Sub-Funds Classes Performances Performances Performances 3 years (%) 1 year (%) since inception (%) Mirae Asset Asia Great Consumer Equity Fund N Capitalisation AUD 51.89 20.21 125.43 Mirae Asset Asia Great Consumer Equity Fund R Capitalisation USD 47.21 49.23 84.60 Mirae Asset Asia Great Consumer Equity Fund R Capitalisation EUR 54.56 39.26 65.79 R Capitalisation CHF not available not available 0.34 Mirae Asset Asia Great Consumer Equity Fund Hedged(10) R Capitalisation EUR not available not available 33.84 Mirae Asset Asia Great Consumer Equity Fund Hedged(11) Mirae Asset Asia Great Consumer Equity Fund R Capitalisation GBP 50.38 33.98 124.60 Mirae Asset Asia Great Consumer Equity Fund Z Distribution USD(10) not available not available 1.00 Mirae Asset Asia Great Consumer Equity Fund Z Distribution GBP(10) not available not available (0.68) Mirae Asset Global Great Consumer Equity Fund E Capitalisation USD(12) not available not available (2.10) Mirae Asset Global Great Consumer Equity Fund K Capitalisation USD 33.15 45.06 146.60 Mirae Asset Asia Growth Equity Fund A Capitalisation USD(13) not available not available not available Mirae Asset Asia Growth Equity Fund A Capitalisation EUR(14) not available not available not available Mirae Asset Asia Growth Equity Fund I Capitalisation USD 63.33 87.19 139.60 Mirae Asset Asia Growth Equity Fund K Capitalisation USD not available 87.95 66.90 Mirae Asset Asia Growth Equity Fund R Capitalisation USD(15) not available not available 4.90 Mirae Asset China Growth Equity Fund A Capitalisation USD 76.55 74.21 110.80 Mirae Asset China Growth Equity Fund A Capitalisation EUR(13) not available not available 10.52 A Capitalisation EUR Mirae Asset China Growth Equity Fund not available not available 17.38 Hedged(16) Mirae Asset China Growth Equity Fund E Capitalisation GBP not available 58.47 59.09 Mirae Asset China Growth Equity Fund I Capitalisation USD 79.67 75.21 83.80 Mirae Asset China Growth Equity Fund I Capitalisation EUR not available 63.48 123.02 Mirae Asset China Growth Equity Fund K Capitalisation USD 81.47 75.84 183.10 Mirae Asset China Growth Equity Fund R Capitalisation USD not available 75.41 70.50 Mirae Asset China Growth Equity Fund R Capitalisation EUR not available 63.68 64.83 R Capitalisation EUR Mirae Asset China Growth Equity Fund not available 16.55 35.91 Hedged(16) Mirae Asset China Growth Equity Fund R Capitalisation GBP(17) not available not available 7.65 Mirae Asset Next Asia Pacific Equity Fund J Capitalisation JPY 42.45 54.70 95.81 Mirae Asset India Mid Cap Equity Fund I Capitalisation USD 31.41 93.54 31.80 Mirae Asset India Mid Cap Equity Fund J Capitalisation JPY 39.00 97.98 18.43 Mirae Asset India Mid Cap Equity Fund R Capitalisation USD 32.42 93.96 15.60 Mirae Asset Global Dynamic Bond Fund A Capitalisation USD 8.04 7.85 25.00 Mirae Asset Global Dynamic Bond Fund I Capitalisation USD 9.63 8.42 28.70 Mirae Asset Global Dynamic Bond Fund K Capitalisation USD 10.56 8.74 31.90

(1) Until 05 October 2020 (2) Until 08 March 2021 (3) Since 18 September 2020 (4) Since 25 January 2021 (5) Since 09 March 2021 (6) Since 02 June 2020 (7) Until 27 April 2020 (8) Until 30 March 2021 (9) Since 02 November 2020 (10) Since 18 December 2020 (11) Since 21 May 2020 (12) Since 11 March 2021 (13) Since 27 October 2020 (14) Since 31 October 2020 (15) Since 29 December 2020 (16) Since 07 August 2020 (17) Since 28 August 2020

Portfolio Turnover Rate

The portfolio turnover rate quantifies the extent of securities transactions carried out at the level of the Portfolios.

Turnover ratio for the year ended 31 March

Portfolio Turnover Sub-Funds Purchase Sales Subscriptions Redemptions Average NAV Rate (%)

Mirae Asset Korea Equity Fund 2,005,068 3,339,822 156,233 1,726,294 1,966,239 176.09%

Mirae Asset China Sector Leader Equity Fund 42,234,557 11,526,120 51,669,965 8,197,742 28,594,906 -21.36%

Mirae Asset India Sector Leader Equity Fund 158,046,798 158,831,249 25,254,360 31,910,884 168,305,136 154.31%

Mirae Asset Asia Sector Leader Equity Fund 337,328,274 325,136,246 116,437,176 119,850,152 261,015,104 163.28%

Mirae Asset Asia Pacific Equity Fund 45,297,896 56,617,366 1,307,181 18,396,493 42,484,649 193.51%

Mirae Asset GEM Sector Leader Equity Fund 9,608,454 9,577,517 649,602 1,665,243 8,202,686 205.68%

Mirae Asset Asia Great Consumer Equity Fund 1,079,276,773 528,036,072 1,097,645,743 426,389,416 1,203,765,633 6.92%

Mirae Asset Global Great Consumer Equity Fund 10,127,616 9,179,054 7,683,545 6,749,578 3,859,977 126.26%

Mirae Asset Asia Growth Equity Fund 324,165,829 162,520,079 192,421,303 13,159,532 166,111,019 169.23%

Mirae Asset China Growth Equity Fund 262,862,802 113,153,554 344,315,522 121,984,134 338,127,167 -26.70%

Mirae Asset Next Asia Pacific Equity Fund 20,061,541 33,438,742 - 19,071,388 45,008,247 76.49%

Mirae Asset India Mid Cap Equity Fund 83,052,598 196,711,599 2,197,338 131,543,634 215,333,140 67.81%

Mirae Asset Global Dynamic Bond Fund 11,716,070 6,820,619 1,843,710 2,823,986 21,940,324 63.21%

Method of calculation:

Turnover = [(Total of securities transactions for the period from 01 April 2020 to 31 March 2021) - (Total of Subscriptions for the period from 01 April 2020 to 31 March 2021 + Total of Redemptions for the period from 01 April 2020 to 31 March 2021)] / Average Total Net Assets * 100.

Total Expense Ratios (TER)

The TER consists of the total costs and charges of each share class (without transaction costs) expressed as a percentage of the share class’ average net assets in the financial year.

TER for the year ended 31 March 2021:

Sub-Funds Classes Total Expense Ratios (%) Mirae Asset Korea Equity Fund A Capitalisation USD 8.34% Mirae Asset Korea Equity Fund A Capitalisation EUR 9.61% Mirae Asset Korea Equity Fund I Capitalisation USD(1) 5.90% Mirae Asset Korea Equity Fund R Capitalisation USD(2) 7.10% Mirae Asset China Sector Leader Equity Fund A Capitalisation USD 2.05% Mirae Asset China Sector Leader Equity Fund A Capitalisation EUR(3) 1.92% Mirae Asset China Sector Leader Equity Fund I Capitalisation USD(4) 1.42% Mirae Asset China Sector Leader Equity Fund K Capitalisation USD 1.25% Mirae Asset China Sector Leader Equity Fund R Capitalisation USD(5) 1.10% Mirae Asset China Sector Leader Equity Fund R Capitalisation EUR(5) 1.21% Mirae Asset India Sector Leader Equity Fund A Capitalisation USD 1.87% Mirae Asset India Sector Leader Equity Fund A Capitalisation EUR 1.85% Mirae Asset India Sector Leader Equity Fund A Capitalisation EUR Hedged(6) 1.78% Mirae Asset India Sector Leader Equity Fund I Capitalisation USD 1.31% Mirae Asset India Sector Leader Equity Fund I Capitalisation EUR 1.31% Mirae Asset India Sector Leader Equity Fund K Capitalisation USD 0.96% Mirae Asset India Sector Leader Equity Fund R Capitalisation USD 1.09% Mirae Asset India Sector Leader Equity Fund R Capitalisation EUR 1.15% Mirae Asset India Sector Leader Equity Fund R Capitalisation EUR Hedged 1.10% Mirae Asset India Sector Leader Equity Fund R Capitalisation GBP 1.10% Mirae Asset Asia Sector Leader Equity Fund A Capitalisation USD 1.79% Mirae Asset Asia Sector Leader Equity Fund A Capitalisation EUR 1.79% Mirae Asset Asia Sector Leader Equity Fund A Capitalisation EUR Hedged 1.79% Mirae Asset Asia Sector Leader Equity Fund A Capitalisation GBP(7) 1.72% Mirae Asset Asia Sector Leader Equity Fund I Capitalisation USD 1.25% Mirae Asset Asia Sector Leader Equity Fund I Capitalisation EUR(8) 1.33% Mirae Asset Asia Sector Leader Equity Fund J Capitalisation JPY 0.84% Mirae Asset Asia Sector Leader Equity Fund K Capitalisation USD 0.91% Mirae Asset Asia Sector Leader Equity Fund N Capitalisation AUD 0.25% Mirae Asset Asia Sector Leader Equity Fund R Capitalisation USD 1.04% Mirae Asset Asia Sector Leader Equity Fund R Capitalisation EUR 1.04% Mirae Asset Asia Sector Leader Equity Fund R Capitalisation EUR Hedged 1.04% Mirae Asset Asia Sector Leader Equity Fund R Capitalisation GBP 1.12% Mirae Asset Asia Sector Leader Equity Fund Z Capitalisation GBP 0.75% Mirae Asset Asia Pacific Equity Fund A Capitalisation USD 2.00% Mirae Asset Asia Pacific Equity Fund A Capitalisation EUR 2.05% Mirae Asset Asia Pacific Equity Fund I Capitalisation USD 1.53% Mirae Asset Asia Pacific Equity Fund I Capitalisation GBP 1.44% Mirae Asset Asia Pacific Equity Fund K Capitalisation USD 1.17% Mirae Asset GEM Sector Leader Equity Fund A Capitalisation USD 3.82% Mirae Asset GEM Sector Leader Equity Fund K Capitalisation USD 3.02% Mirae Asset Asia Great Consumer Equity Fund A Capitalisation USD 1.69% Mirae Asset Asia Great Consumer Equity Fund A Capitalisation EUR 1.68% Mirae Asset Asia Great Consumer Equity Fund A Capitalisation CHF Hedged 1.68%

Sub-Funds Classes Total Expense Ratios (%) Mirae Asset Asia Great Consumer Equity Fund A Capitalisation EUR Hedged 1.66% Mirae Asset Asia Great Consumer Equity Fund A Capitalisation GBP 1.65% Mirae Asset Asia Great Consumer Equity Fund I Capitalisation USD 1.15% Mirae Asset Asia Great Consumer Equity Fund I Capitalisation EUR 1.15% Mirae Asset Asia Great Consumer Equity Fund I Capitalisation EUR Hedged(9) 1.13% Mirae Asset Asia Great Consumer Equity Fund K Capitalisation USD 0.80% Mirae Asset Asia Great Consumer Equity Fund N Capitalisation AUD 0.16% Mirae Asset Asia Great Consumer Equity Fund R Capitalisation USD 0.94% Mirae Asset Asia Great Consumer Equity Fund R Capitalisation EUR 0.95% Mirae Asset Asia Great Consumer Equity Fund R Capitalisation CHF Hedged(10) 0.86% Mirae Asset Asia Great Consumer Equity Fund R Capitalisation EUR Hedged(11) 0.93% Mirae Asset Asia Great Consumer Equity Fund R Capitalisation GBP 0.93% Mirae Asset Asia Great Consumer Equity Fund Z Distribution USD(10) 0.56% Mirae Asset Asia Great Consumer Equity Fund Z Distribution GBP(10) 0.71% Mirae Asset Global Great Consumer Equity Fund E Capitalisation USD(12) 2.19% Mirae Asset Global Great Consumer Equity Fund K Capitalisation USD 3.67% Mirae Asset Asia Growth Equity Fund A Capitalisation USD(13) 1.61% Mirae Asset Asia Growth Equity Fund A Capitalisation EUR(14) 1.70% Mirae Asset Asia Growth Equity Fund I Capitalisation USD 1.17% Mirae Asset Asia Growth Equity Fund K Capitalisation USD 0.85% Mirae Asset Asia Growth Equity Fund R Capitalisation USD(15) 0.93% Mirae Asset China Growth Equity Fund A Capitalisation USD 1.71% Mirae Asset China Growth Equity Fund A Capitalisation EUR(13) 1.65% Mirae Asset China Growth Equity Fund A Capitalisation EUR Hedged(16) 1.71% Mirae Asset China Growth Equity Fund E Capitalisation GBP 0.36% Mirae Asset China Growth Equity Fund I Capitalisation USD 1.16% Mirae Asset China Growth Equity Fund I Capitalisation EUR 1.14% Mirae Asset China Growth Equity Fund K Capitalisation USD 0.83% Mirae Asset China Growth Equity Fund R Capitalisation USD 0.94% Mirae Asset China Growth Equity Fund R Capitalisation EUR 0.95% Mirae Asset China Growth Equity Fund R Capitalisation EUR Hedged(16) 0.96% Mirae Asset China Growth Equity Fund R Capitalisation GBP(17) 0.96% Mirae Asset Next Asia Pacific Equity Fund J Capitalisation JPY 1.01% Mirae Asset India Mid Cap Equity Fund I Capitalisation USD 1.27% Mirae Asset India Mid Cap Equity Fund J Capitalisation JPY 0.85% Mirae Asset India Mid Cap Equity Fund R Capitalisation USD 1.06% Mirae Asset Global Dynamic Bond Fund A Capitalisation USD 1.64% Mirae Asset Global Dynamic Bond Fund I Capitalisation USD 1.20% Mirae Asset Global Dynamic Bond Fund K Capitalisation USD 0.90%

(1) Until 05 October 2020 10) Since 18 December 2020 (2) Until 08 March 2021 11) Since 21 May 2020 (3) Since 18 September 2020 12) Since 11 March 2021 (4) Since 25 January 2021 13) Since 27 October 2020 (5) Since 09 March 2021 14) Since 31 October 2020 (6) Since 02 June 2020 15) Since 29 December 2020 (7) Until 27 April 2020 16) Since 07 August 2020 (8) Until 30 March 2021 17) Since 28 August 2020 (9) Since 02 November 2020

Additional information for investors in Switzerland

1. Representative

The representative in Switzerland is 1741 Fund Solutions AG, Burggraben 16, 9000 St. Gallen.

2. Paying Agent

The paying agent in Switzerland is Tellco AG, Bahnhofstrasse 4, CH-6430 Schwyz

3. Place of reference of the relevant documents

The sales prospectus and key investor information (KIID), the articles of association, the annual and semi- annual reports and the list of purchases and sales made during the reporting period can be obtained free of charge at the Swiss representative