Fact sheet: Principal GIF AsnEq

Fund information
Fund name
Principal GIF Asian Equity I Acc USD
Fund manager company
Principal Global Investors (Ir
Fund type
Unit Trust
Fund managers
  • Mohammed Zaidisince 06/12/2012
  • Mihail Dobrinovsince 13/03/2008
Fund objective
The Fund aims to provide capital growth over the medium to long term predominantly through investment in Asian (excluding Japan) equities that we believe are mispriced by the market and have potential for significant growth.
Benchmark
  • MSCI AC Far East ex Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
12.1%
1 Year rank in sector
129/171
Sector
FO Equity - Asia Pacific ex Japan
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.
1.68%
Fund size
£8m (£8m 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.
115
Top in this sector
Fund name1 Year
TT International Asia Pac Eq49.1%
Baring ASEAN Frontiers45%
Fidelity Asn Spec Sits43.3%
Veritas Asian42.6%
Matthews Asia Pacific Tiger42.3%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • Hong Kong40.1%
    Korea17.8%
    Taiwan13.2%
    India12.6%
    USA5.3%
  • Information Technology27.3%
    Financials24.6%
    Consumer Discretionary12%
    Telecommunications Utilities9.5%
    Energy8.2%
  • Hong Kong Equities40.1%
    South Korean Equities17.8%
    Taiwanese Equities13.2%
    Indian Equities12.6%
    US Equities5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.8%12.6%13.6%12.1%5.2%38.5%
Sector1.8%11.6%12.7%15.3%11.7%39.9%
Rank within sector19 / 17963 / 17973 / 178129 / 171110 / 15173 / 118
Quartile1st2nd2nd4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund13.6%-8.9%0.5%3.2%26.7%
Sector12.7%-6.8%5.5%3.3%19.7%
Rank within sector76 / 174112 / 166133 / 15679 / 14218 / 122
Quartile2nd3rd4th3rd1st
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.
-3.05
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.
1.07
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
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%.
14.79
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.
3.77
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.
-0.74
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 high59.36
52 week low45.33
Current bid price-
Current offer price-
Current mid price59.02
Region
1Hong Kong40.11%
2Korea17.79%
3Taiwan13.22%
4India12.61%
5USA5.31%
6Thailand4.25%
7Indonesia2.96%
8Singapore2.84%
9Money Market1.73%
Industry sector
1Information Technology27.3%
2Financials24.6%
3Consumer Discretionary12%
4Telecommunications Utilities9.5%
5Energy8.2%
6Materials5.8%
7Industrials4.1%
8Utilities4.1%
9Consumer Staples1.7%
Asset type
1Hong Kong Equities40.11%
2South Korean Equities17.79%
3Taiwanese Equities13.22%
4Indian Equities12.61%
5US Equities5.31%
6Thai Equities4.25%
7Indonesian Equities2.96%
8Singapore Equities2.84%
9Money Market1.73%
Individual holdings
1SAMSUNG ELECTRONICS CO6.11%
2TENCENT HLDGS LTD5.92%
3TAIWAN SEMICONDUCTOR MANUFACTURING5.43%
4ALIBABA GROUP HLDG LTD3.42%
5AIA GROUP LTD3.26%
6CHINA MOBILE LTD3%
7CHINA CONSTRUCTION BANK2.07%
8BANK OF CHINA LTD1.54%
9PTT PUBLIC CO1.45%
Management
Fund manager group
Principal Global Investors
Fund manager company
Principal Global Investors (Ir
Fund type
Unit Trust
Fund objective
The Fund aims to provide capital growth over the medium to long term predominantly through investment in Asian (excluding Japan) equities that we believe are mispriced by the market and have potential for significant growth.
Benchmark
  • MSCI AC Far East ex Japan
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Mohammed Zaidi06/12/2012Mohammed is a portfolio manager for Principal Global Equities. Based in Singapore, he serves as co-portfolio manager for global emerging markets equity strategies and head of emerging Asia equity strategies. Mohammed's career began in 1997 as an emerging markets analyst and portfolio manager with global macro hedge fund manager VZB Capital. He joined Principal in 2001 as an emerging markets equity analyst focused on fundamental stock selection. He was also a key analyst responsible for the initial development of our proprietary Global Research Platform (GRP), with a specific focus on tailoring the GRP to emerging markets and Asian equities. After departing the firm in 2006, Mohammed served as an emerging markets portfolio manager and analyst with Martin Currie Investment Management and the same team's predecessor employer, Scottish Widows Investment Partnership. He has an MBA from the Massachusetts Institute of Technology, Sloan School of Management, and a bachelor's degree in economics from the Wharton School, University of Pennsylvania.
Mihail Dobrinov13/03/2008Mihail is a portfolio manager for Principal Global Equities. He leads the emerging markets team, encompassing equity markets in Asia, Latin America, Eastern Europe, the Middle East and Africa. He oversees both diversified emerging markets portfolios and specialized regional Asian equity strategies. Mihail joined Principal in 1995, originally as an international and emerging market debt and currency specialist. He joined the equities team in 2002, and was named a portfolio manager for emerging markets equities in 2007. Mihail's fundamental research experience spans a wide range of economic sectors, with a particular emphasis on industrials, materials, and energy companies. His coverage area includes companies in the industrials and telecommunications sectors. Mihail received an MBA in finance from the University of Iowa and a law degree from Sofia University, Bulgaria. He has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute.
Compliance
Transparent for Swiss Tax, Transparent for German Tax, IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Guernsey, Hong Kong, Ireland, Italy, Jersey, Netherlands, Offshore, Singapore, Sweden
Principal GIF Asian Equity A Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6OZ
Principal GIF Asian Equity A Acc GBP
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6OY
Principal GIF Asian Equity A Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.33%
Total expense ratio (TER)2.31%
Bid price-
Offer price-
Mid price37.02
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePG34
Principal GIF Asian Equity A Inc USD
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.33%
Total expense ratio (TER)2.31%
Bid price-
Offer price-
Mid price32.32
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePG35
Principal GIF Asian Equity I Acc JPY
Initial charge-
Annual charge1%
Min single investment£2,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)2.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM6PA
Principal GIF Asian Equity I Acc USD
Initial charge-
Annual charge1%
Min single investment£2,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price59.02
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXP04
Principal GIF Asian Equity N Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNF5W
Principal GIF Asian Equity N Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNF5U
Principal GIF Asian Equity N Acc USD
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNF5S
Principal GIF Asian Equity N Inc EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNF5X
Principal GIF Asian Equity N Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNF5V
Principal GIF Asian Equity N Inc USD
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNF5T
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