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 30/06/2016
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
16.7%
1 Year rank in sector
21/43
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
£73m (£63m 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.
179
Top in this sector
Fund name1 Year
BNY Mellon Brazil Equity83%
UBS (L)EqSIC-Brazil$47.9%
Parvest Equity Brazil44.4%
HSBC GIF Brazil Equity42.8%
Templeton Latin Amer42.5%
...more in FO Equity - Latin America

Performance snapshot

Holdings snapshot

  • Brazil62.1%
    Mexico24.8%
    Chile6.7%
    Peru2.6%
    Colombia2.3%
  • Financials33.1%
    Consumer Staples16.2%
    Materials16.2%
    Energy9.1%
    Utilities6.4%
  • Brazilian Equities62.1%
    Mexican Equities24.8%
    Chilean Equities6.7%
    American Emerging Equities3.1%
    Peruvian Equity2.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-7.1%-2%17%16.7%-25.3%-30.3%
Sector-11%-4.9%10.7%17.4%-27.6%-33.3%
Rank within sector3 / 439 / 4310 / 4321 / 4318 / 4017 / 36
Quartile1st1st1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund24.1%-29.7%-12.5%-13.9%10%
Sector24%-31.7%-12.5%-14%7.7%
Rank within sector20 / 4321 / 4217 / 4018 / 3819 / 35
Quartile2nd2nd2nd2nd3rd
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.
-0.29
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.
0.93
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.
-0.03
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%.
22.82
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.
6.06
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.
0.05
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 high13.02
52 week low8.31
Current bid price-
Current offer price-
Current mid price11.14
Region
1Brazil62.1%
2Mexico24.8%
3Chile6.7%
4Peru2.6%
5Colombia2.3%
6Argentina0.8%
7Money Market0.7%
Industry sector
1Financials33.1%
2Consumer Staples16.2%
3Materials16.2%
4Energy9.1%
5Utilities6.4%
6Telecommunications Utilities6.2%
7Consumer Discretionary4.1%
8Industrials3.6%
9Information Technology2.9%
Asset type
1Brazilian Equities62.1%
2Mexican Equities24.8%
3Chilean Equities6.7%
4American Emerging Equities3.1%
5Peruvian Equity2.6%
6Money Market0.7%
Individual holdings
1ITAU UNIBANCO HLDG SA8.5%
2BANCO BRADESCO SA7.3%
3CEMEX S.A.B. DE C.V.3.8%
4CIELO S.A.2.9%
5WAL-MART DE MEXICO SAB DE CV2.9%
6BRASKEM S.A.2.8%
7GRUPO FINANCIERO INBURSA SAB DE CV2.5%
8BR MALLS PARTICIPACOES SA1.5%
9CPFL ENERGIA SA1.3%
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 Pozzi30/06/2016
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 price11.1367
CurrencyUSD
Price updated01/12/2016
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 price441.6338
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA087
Data provided by

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