Fact sheet: PineBridge Latin America Eq

Fund information
Fund name
PineBridge Latin America Equity A USD
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund managers
  • Andrew Jonessince 01/12/2015
  • Gustavo Pozzisince 01/07/2016
Fund objective
The fund seeks to achieve capital growth by investing in companies whose assets, products or operations are based in Latin America.
Benchmark
  • MSCI EM Latin America Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
23%
1 Year rank in sector
34/43
Sector
FO Equity - Latin America
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.
2.29%
Fund size
£68m (£64m 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.
154
Top in this sector
Fund name1 Year
BNY Mellon Brazil Equity82.5%
Bradesco Brz EqMd Sm Cps59.5%
UBS (L)EqSIC-Brazil$58.3%
HSBC GIF Brazil Equity55.2%
JPM Brazil Equity54.5%
...more in FO Equity - Latin America

Performance snapshot

Holdings snapshot

  • Brazil59.3%
    Mexico25.8%
    Chile4.9%
    Money Market3.8%
    Peru2.9%
  • Financials31.3%
    Consumer Staples18.5%
    Materials14.3%
    Energy8.5%
    Consumer Discretionary6.4%
  • Brazilian Equities59.3%
    Mexican Equities25.8%
    Chilean Equities4.9%
    Money Market3.8%
    American Emerging Equities3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%9.6%13.8%23%-27.2%-21.9%
Sector-1%10.6%15.6%28.9%-26.2%-20.3%
Rank within sector26 / 4323 / 4329 / 4334 / 4326 / 3922 / 34
Quartile3rd3rd3rd4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund26.4%-29.7%-12.5%-13.9%10%
Sector31.2%-31.7%-12.5%-14%7.7%
Rank within sector30 / 4322 / 4317 / 4017 / 3719 / 34
Quartile3rd3rd2nd2nd3rd
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.
-1.02
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.
0.92
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.
-0.02
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%.
22.75
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.
6.18
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.
-0.08
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.
0.93
Price movement
52 week high12.42
52 week low8.31
Current bid price-
Current offer price-
Current mid price11.83
Region
1Brazil59.3%
2Mexico25.8%
3Chile4.9%
4Money Market3.8%
5Peru2.9%
6Colombia2.7%
7Argentina0.6%
Industry sector
1Financials31.3%
2Consumer Staples18.5%
3Materials14.3%
4Energy8.5%
5Consumer Discretionary6.4%
6Telecommunications Utilities6%
7Utilities4.7%
8Money Market3.8%
9Information Technology3.2%
Asset type
1Brazilian Equities59.3%
2Mexican Equities25.8%
3Chilean Equities4.9%
4Money Market3.8%
5American Emerging Equities3.3%
6Peruvian Equity2.9%
Individual holdings
1ITAU UNIBANCO HLDG SA6.9%
2PETROLEO BRASILEIRO SA PETROBRAS6.9%
3BANCO BRADESCO SA4.6%
4AMBEV SA4.1%
5CEMEX S.A.B. DE C.V.3.5%
6AMERICA MOVIL SAB DE CV3.4%
7WAL-MART DE MEXICO SAB DE CV3.4%
8GRUPO FINANCIERO BANORTE SAB DE CV3.3%
9GRUPO MEXICO SAB DE CV3.3%
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 in companies whose assets, products or operations are based in Latin America.
Benchmark
  • MSCI EM Latin America Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Andrew Jones01/12/2015Andrew Jones joined Henderson in 2005 as a fund manager and is a member of the Global Equity Income team where he manages a number of retail and institutional mandates. Prior to joining Henderson, Andrew worked as a fund manager at Invesco Perpetual Asset Management where he started his career in 1995. Andrew graduated from Queens’ College, Cambridge University with a BA (Hons) in Economics and holds the Securities Institute Diploma.
Gustavo Pozzi01/07/2016
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Macau, Netherlands, Norway, Offshore, Singapore, Slovakia, Sweden, Taiwan - Province Of China
PineBridge Latin America Equity A USD
Initial charge6%
Annual charge1.3%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)2.29%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.8326
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE590
PineBridge Latin America Equity Y USD
Initial charge6%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.29%
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price468.558
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA087
Data provided by

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