Fact sheet: PineBridge American Equity

Fund information
Fund name
PineBridge American Equity A
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund managers
  • Graeme Benckesince 01/12/2013
  • Kate Faradaysince 30/06/2012
  • Sheedsa Alisince 01/12/2013
Fund objective
The fund seeks to achieve capital growth by investing at least 90% in companies which have assets, products, or operations based in the United States and are included in the Russell 1000 Index. Upto 10% of the value of the Fund may be invested in other companies which have a US Stock Exchange listing.
Benchmark
  • Standard & Poor's (S&P) 500 Index (Total Return Net)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
8.8%
1 Year rank in sector
99/207
Sector
FO Equity - USA
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.14%
Fund size
£76m (£78m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
108
Top in this sector
Fund name1 Year
Dodge & Cox US Stk45.2%
Wells Fargo WW US SelEqt40.6%
GAM Star Gamco US Eq40.1%
Oyster US Selection39.7%
Hermes US SMID Equity38.7%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA99.7%
    Money Market0.3%
  • Information Technology22.3%
    Health Care13.8%
    Consumer Discretionary13.1%
    Financials12.1%
    Consumer Staples11%
  • US Equities99.7%
    Money Market0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.5%4.4%7.7%8.8%24.2%78.8%
Sector5.8%3.4%6.7%7.6%21.4%73.7%
Rank within sector109 / 21993 / 21888 / 21399 / 20773 / 17678 / 146
Quartile2nd2nd2nd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund10.1%-1%11.5%30.1%11.3%
Sector8.8%-1.6%10.7%31.8%10.2%
Rank within sector94 / 209104 / 19283 / 177112 / 16194 / 148
Quartile2nd3rd2nd3rd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.92
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.96
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.29
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
11.16
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.49
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.19
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.91
Price movement
52 week high25.52
52 week low20.87
Current bid price-
Current offer price-
Current mid price25.55
Region
1USA99.7%
2Money Market0.3%
Industry sector
1Information Technology22.3%
2Health Care13.8%
3Consumer Discretionary13.1%
4Financials12.1%
5Consumer Staples11%
6Industrials11%
7Energy5.3%
8Materials4.4%
9Telecommunications Utilities4.3%
Asset type
1US Equities99.7%
2Money Market0.3%
Individual holdings
1ALPHABET INC3.9%
2MICROSOFT CORP3.5%
3FACEBOOK INC2.6%
4JOHNSON & JOHNSON2.6%
5APPLE INC2.3%
Management
Fund manager group
PineBridge Investments
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund objective
The fund seeks to achieve capital growth by investing at least 90% in companies which have assets, products, or operations based in the United States and are included in the Russell 1000 Index. Upto 10% of the value of the Fund may be invested in other companies which have a US Stock Exchange listing.
Benchmark
  • Standard & Poor's (S&P) 500 Index (Total Return Net)
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Graeme Bencke01/12/2013Graeme Bencke - business management (Royal Holloway University), was a UK fund manager at F&C for eight years before joining the group in 2005. He heads the European large-cap team and covers telecoms.
Kate Faraday30/06/2012KateFaraday is a member of the Structured Equity team and has responsibilities for both portfolio management and trading on the group’s passive and Research Enhanced strategies. She also executes spread trades for their Merger Arbitrage product. Kate joined the firm in 2007 as a Global Equity Trader responsible for trading Domestic, Global, and Emerging Market portfolios. Prior to joining PineBridge Investments, from 2004 through 2006 Ms. Faraday was the Equity Trader at KR Capital Advisors, an Investment Advisory firm. She was at Merrill Lynch from the beginning of her career in 1998 until 2004 and worked as Client Relationship Manager on their Middle Markets Research & Trading desk. Ms. Faraday holds an Executive M.B.A. degree from the Zarb School of Business at Hofstra University and a Bachelor of Science degree from Nazareth College of Rochester.
Sheedsa Ali01/12/2013Sheedsa Ali, CFA Senior Vice President , Quantitative R&D, Listed Equities PineBridge Investments, New York Ms. Ali joined the firm in 2005 and is part of the investment team for the Research Enhanced products. Ms. Ali is responsible for quantitative model research, developments and enhancements , portfolio construction R&D for global enhanced index products. Prior to her current role, she was a Business Analyst for the firm. Previously, she was a Consultant for the Financial Models Company. Ms. Ali holds degrees in Mathematics and Management from India and an MS from Rensselaer Polytechnic Institute. She is pursuing a Masters in Computational Finance from Carnegie Mellon University. Ms Ali has been a quant conference speaker and is member of client advisory board for MSCI Barra. She is a CFA charterholder and is an active member of the CFA Institute and the New York Society of Security Analysts
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, France, United Kingdom, Hong Kong, Ireland, Macau, Netherlands, Offshore, Sweden, Taiwan - Province Of China
PineBridge American Equity A
Initial charge5%
Annual charge1.8%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price25.5469
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYN38
PineBridge American Equity Y
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price159.566
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAH19
Data provided by

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