Mirae Asset Global On-Device AI Index

Mirae Asset Global On-Device AI Index

 

Index Overview

The Mirae Asset Global On-Device AI Index aims to track the performance of the companies which are positioned to benefit from the growing trend of integrating AI directly into the devices. This trend signifies a shift towards more intelligent devices, which are capable of processing and making decisions in real time, without needing to connect to remote servers.

Performance Overview as of 04/19/24

Key Information as of 04/19/24

Index Base Date 09/21/18
Index Ticker MAGODAIN
Index Base Currency USD

Trading Details as of 04/19/24

Index Level 3510.779
Index Return Type NTR
Number of Holdings 14
 

Holdings as of 04/19/24

Security Country Currency Sector % Weights
QUALCOMM Incorporated US USD Information Technology 15.84%
ARM Holdings PLC ADR GB USD Information Technology 10.92%
Synopsys, Inc. US USD Information Technology 10.58%
Cadence Design Systems, Inc. US USD Information Technology 10.20%
Apple Inc. US USD Information Technology 8.84%
Alphabet Inc. Class A US USD Communication Services 7.80%
Intel Corporation US USD Information Technology 7.11%
Microsoft Corporation US USD Information Technology 6.74%
Meta Platforms Inc. Class A US USD Communication Services 6.52%
Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR TW USD Information Technology 5.98%
MediaTek Inc TW TWD Information Technology 5.40%
ASE Technology Holding Co., Ltd. TW TWD Information Technology 2.47%
Alchip Technologies Ltd. TW TWD Information Technology 0.94%
Global Unichip Corp. TW TWD Information Technology 0.68%

Sector Breakdown as of 04/19/24

Sector Name % Weight
Information Technology 85.68%
Communication Services 14.32%

Country Breakdown as of 04/19/24

Country Name % Weight
United States 73.62%
Taiwan 15.46%
United Kingdom 10.92%