Fact sheet: Principal GIF ClrLatAmrEq

Fund information
Fund name
Principal GIF Claritas Latin American Equity I Acc USD
Fund manager company
Principal Global Investors (Ir
Fund type
Unit Trust
Fund managers
  • Helder soaressince 23/09/2013
  • Eduard Moraissince 23/09/2013
Fund objective
The Fund aims to provide capital growth over the long term through investment in equities in Latin American investment markets.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
23.7%
1 Year rank in sector
11/43
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.
1.68%
Fund size
£12m (£12m 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.
193
Top in this sector
Fund name1 Year
BNY Mellon Brazil Equity77.5%
Templeton Latin Amer44.3%
UBS (L)EqSIC-Brazil$43.2%
Parvest Equity Brazil41.6%
Fidelity Latin America39.6%
...more in FO Equity - Latin America

Performance snapshot

Holdings snapshot

  • Brazil57.1%
    Mexico26.9%
    Chile8.5%
    USA3.6%
    Colombia2.8%
  • Money Market-2.5%
  • Brazilian Equities30.3%
    Preference Shares29%
    Mexican Equities26.9%
    Chilean Equities7.7%
    US Equities3.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-9.2%-7%8%23.7%-21.9%-
Sector-10.8%-8.4%4%18.4%-26.1%-33.2%
Rank within sector6 / 4312 / 4312 / 4311 / 4317 / 40-
Quartile1st2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund28.8%-29.4%-15%--
Sector23.6%-31.7%-12.5%-14%7.7%
Rank within sector10 / 4317 / 4230 / 40--
Quartile1st2nd3rd
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.
1.44
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.
1.01
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%.
25.06
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.
4.14
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.
0.29
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.
0.97
Price movement
52 week high8.32
52 week low5.1
Current bid price-
Current offer price-
Current mid price7.42
Region
1Brazil57.14%
2Mexico26.89%
3Chile8.55%
4USA3.58%
5Colombia2.85%
6Money Market1.01%
Industry sector
1Money Market-2.52%
Asset type
1Brazilian Equities30.26%
2Preference Shares28.99%
3Mexican Equities26.89%
4Chilean Equities7.69%
5US Equities3.58%
6American Emerging Equities1.59%
7Money Market1.01%
Individual holdings
1ITAU UNIBANCO HLDG SA7.02%
2BANCO BRADESCO SA5.44%
3ITAUSA INVESTIMENTOS ITAU SA5.08%
4PETROLEO BRASILEIRO SA PETROBRAS4.03%
5VALE SA3.65%
6AMBEV SA3.09%
7FOMENTO ECONOMICO MEXCANO SAB DE CV2.66%
8PETROLEO BRASILEIRO SA PETROBRAS2.57%
9AMERICA MOVIL SAB DE CV2.55%
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 long term through investment in equities in Latin American investment markets.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Helder soares23/09/2013Helder Rodrigues da Cunha Soares - BA degree in Business Administration – FGV 1992. BA degree in Economics at USP 1993. Started his career at Banco Schahin Cury in 1991. In 1992 jointed Patrimônio Salomon Brothers. In 1994 jointed Banco Matrix and in 1996 became a partner of the bank. Joined Claritas as partner responsible for equity fund management in 2001.
Eduard Morais23/09/2013Eduardo Cysneiros de Morais - CFA, BA degree in Economics from UFRJ, started his career in 1998 at Banco Matrix as an equity analyst and portfolio manager. Joined Claritas in 2002, and became a partner in January 2005.
Compliance
Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Guernsey, Ireland, Italy, Jersey, Netherlands, Offshore, Singapore, Sweden
Principal GIF Claritas Latin American Equity A Acc CHF
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PH
Principal GIF Claritas Latin American Equity A Acc EUR
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PD
Principal GIF Claritas Latin American Equity A Acc GBP
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PF
Principal GIF Claritas Latin American Equity A Acc JPY
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PJ
Principal GIF Claritas Latin American Equity A Acc USD
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PC
Principal GIF Claritas Latin American Equity A Inc CHF
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6PI
Principal GIF Claritas Latin American Equity A Inc EUR
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6PE
Principal GIF Claritas Latin American Equity A Inc GBP
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6PG
Principal GIF Claritas Latin American Equity A Inc JPY
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6PK
Principal GIF Claritas Latin American Equity A Inc USD
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6PB
Principal GIF Claritas Latin American Equity D Acc USD
Initial charge5%
Annual charge1%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PL
Principal GIF Claritas Latin American Equity F Acc USD
Initial charge-
Annual charge1%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PM
Principal GIF Claritas Latin American Equity I Acc CHF
Initial charge-
Annual charge1%
Min single investment£300,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PS
Principal GIF Claritas Latin American Equity I Acc EUR
Initial charge-
Annual charge1%
Min single investment£300,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PO
Principal GIF Claritas Latin American Equity I Acc GBP
Initial charge-
Annual charge1%
Min single investment£300,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PQ
Principal GIF Claritas Latin American Equity I Acc JPY
Initial charge-
Annual charge1%
Min single investment£300,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PU
Principal GIF Claritas Latin American Equity I Acc USD
Initial charge-
Annual charge1%
Min single investment£300,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price7.42
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJQIK
Principal GIF Claritas Latin American Equity I Inc CHF
Initial charge-
Annual charge1%
Min single investment£300,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6PT
Principal GIF Claritas Latin American Equity I Inc EUR
Initial charge-
Annual charge1%
Min single investment£300,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6PP
Principal GIF Claritas Latin American Equity I Inc GBP
Initial charge-
Annual charge1%
Min single investment£300,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6PR
Principal GIF Claritas Latin American Equity I Inc JPY
Initial charge-
Annual charge1%
Min single investment£300,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6PV
Principal GIF Claritas Latin American Equity I Inc USD
Initial charge-
Annual charge1%
Min single investment£300,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6PN
Principal GIF Claritas Latin American Equity N Acc EUR
Initial charge-
Annual charge1%
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 codeNF5Y
Principal GIF Claritas Latin American Equity N Acc GBP
Initial charge-
Annual charge1%
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 codeNF6C
Principal GIF Claritas Latin American Equity N Acc USD
Initial charge-
Annual charge1%
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 codeNF6A
Principal GIF Claritas Latin American Equity N Inc EUR
Initial charge-
Annual charge1%
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 codeNF5Z
Principal GIF Claritas Latin American Equity N Inc GBP
Initial charge-
Annual charge1%
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 codeNF6D
Principal GIF Claritas Latin American Equity N Inc USD
Initial charge-
Annual charge1%
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 codeNF6B
Principal GIF Claritas Latin American Equity P Acc USD
Initial charge-
Annual charge1%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6PW
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.