Fact sheet: Principal GIF EurpnEq

Fund information
Fund name
Principal GIF European Equity I Acc EUR
Fund manager company
Principal Global Investors (Ir
Fund type
Unit Trust
Fund managers
  • Juliet Cohnsince 28/04/2003
  • Paul H. Blankenhagensince 28/02/2014
Fund objective
The Fund aims to provide capital growth over the medium to long term predominantly through investment in European equities that we believe are mispriced by the market and have potential for significant growth.
Benchmark
  • MSCI Europe
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
4.9%
1 Year rank in sector
79/224
Sector
FO Equity - Europe inc UK
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.
1.27%
Fund size
£102m (£103m 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.
93
Top in this sector
Fund name1 Year
Mirabaud Eqts PanEur SmllMid35.6%
IVI European32.7%
Schroder ISF Eur SpclSits31.1%
JOHCM European Sel Val31%
GS Eur CORE Eq Portfolio28.3%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK30.6%
    Germany14.7%
    France13.9%
    Switzerland10.9%
    Denmark8.4%
  • Consumer Staples17.5%
    Financials15%
    Health Care14%
    Industrials10.6%
    Materials9.1%
  • UK Equities30.6%
    German Equities14.1%
    French Equities13.9%
    Swiss Equities10.9%
    Danish Equities8.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%8.5%3.9%4.9%28.7%90.5%
Sector0.2%7%3.5%1.8%17.3%67.6%
Rank within sector37 / 23334 / 23487 / 23179 / 22446 / 20038 / 176
Quartile1st1st2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-4.4%16.6%7.9%22%19.7%
Sector-3.9%11.1%4.2%21.1%17.6%
Rank within sector123 / 22941 / 21552 / 20291 / 19079 / 180
Quartile3rd1st2nd2nd2nd
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.
2.51
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.
1.08
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.
0.46
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%.
13.89
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.
3.79
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.
0.76
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 high15.15
52 week low12.16
Current bid price-
Current offer price-
Current mid price13.91
Region
1UK30.61%
2Germany14.72%
3France13.93%
4Switzerland10.92%
5Denmark8.36%
6Sweden4.48%
7Netherlands4.12%
8Ireland2.62%
9Finland2.27%
Industry sector
1Consumer Staples17.5%
2Financials15%
3Health Care14%
4Industrials10.6%
5Materials9.1%
6Consumer Discretionary8.9%
7Information Technology8.3%
8Energy7.3%
9Telecommunications Utilities5.6%
Asset type
1UK Equities30.61%
2German Equities14.14%
3French Equities13.93%
4Swiss Equities10.92%
5Danish Equities8.36%
6Swedish Equities4.48%
7Dutch Equities4.12%
8Irish Equities2.62%
9Finnish Equities2.27%
Individual holdings
1ROCHE HLDG AG2.91%
2NESTLE SA2.2%
3TOTAL SA1.95%
4BRITISH AMERICAN TOBACCO1.93%
5ROYAL DUTCH SHELL1.77%
6NOVO NORDISK A/S1.73%
7DEUTSCHE TELEKOM AG1.68%
8SHIRE PLC1.56%
9SAP SE1.55%
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 medium to long term predominantly through investment in European equities that we believe are mispriced by the market and have potential for significant growth.
Benchmark
  • MSCI Europe
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Juliet Cohn28/04/2003Juliet is a portfolio manager at Principal Global Equities. She is responsible for co-managing the firm's European, International Core and Diversified International equity portfolios. Juliet is also active in company research with an emphasis on the telecommunications and utility sectors. She joined the firm in 2003 as a portfolio manager for European equities. Prior to joining PGE, Juliet served as a director and senior portfolio manager at Allianz Dresdner Asset Management (formerly Kleinwort Benson) where she managed European portfolios for institutional and retail clients. Juliet has also managed core international portfolios on behalf of North American clients, and has experience managing funds in Eastern Europe. Prior to that she was a fund manager at the London firms of Capel Cure Myers, Rowe Price Fleming and Schroders. Juliet received a Bachelor's degree in mathematics from Trinity College, Cambridge University.
Paul H. Blankenhagen28/02/2014Paul is a portfolio manager at Principal Global Equities. He is a co-portfolio manager for the international core and international all country portfolios. Paul is also active in research with an emphasis on the international banking industry. He joined the firm in 1992 and has been a member of the international equity team since 1995. Paul was named a portfolio manager for international core in 2000. He received an MBA from Drake University and a bachelor's degree in finance from Iowa State University. He has earned the right to use the Chartered Financial Analyst designation, and is a member of the CFA Institute and the CFA Society of Iowa.
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 European 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)1.91%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6RM
Principal GIF European 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)1.91%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6RL
Principal GIF European 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)1.91%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price70.66
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePG36
Principal GIF European 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)1.92%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price56.05
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePG37
Principal GIF European Equity I Acc EUR
Initial charge-
Annual charge1%
Min single investment£2,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price13.91
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIEK8
Principal GIF European 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)1.91%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM6RN
Principal GIF European 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)1.25%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price24.35
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXP05
Principal GIF European 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 codeNF6O
Principal GIF European 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 codeNF6M
Principal GIF European 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 codeNF6K
Principal GIF European 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 codeNF6P
Principal GIF European 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 codeNF6N
Principal GIF European 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 codeNF6L
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