Mirae Asset Gold Silver Passive FoF

The scheme will predominantly invest in the units of Mirae Asset Gold ETF and Mirae Asset Silver ETF. Based on various macro/technical/fundamental factors the Fund Manager shall decide allocation towards units of Mirae Asset Gold ETF and/or Mirae Asset Silver ETF.

The Scheme shall invest in units of Mirae Asset Gold ETF and Mirae Asset Silver ETF directly or through secondary market. A small portion of the net assets will be held as cash or will be invested in debt and money market instruments permitted by SEBI/RBI including TREPS or in alternative investment for the TREPS as may be provided by the RBI, to meet the liquidity requirements under the Scheme.

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Gold ETF and Mirae Asset Silver ETF. There is no assurance that the investment objective of the Scheme will be realized.