Fact sheet: Principal GIF FinstEMDb

Fund information
Fund name
Principal GIF Finisterre EM Debt I Acc USD
Fund manager company
Principal Global Investors (Ir
Fund type
Unit Trust
Fund managers
  • Edward Lynchsince 31/05/2016
  • Bertrand Lavignesince 30/06/2015
Fund objective
The investment objective of the Fund is to generate medium to long term positive total returns from a combination of current income and capital appreciation by investing in global emerging market securities. The Fund invests primarily in sovereign and corporate credits, local fixed income instruments, currencies and other debt securities. The Fund will take long and short positions and use financial derivative instruments.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3.5%
1 Year rank in sector
200/216
Sector
FO Fixed Int - Emerging Markets
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.
1.6%
Fund size
£332m (£393m 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.
25
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$38.1%
Pictet Lat Am Lcl Cur Dt34.7%
Schroder ISF EmgMktBd31.6%
Rubrics Ind Fxd Inc UCITS31.5%
Pioneer SICV-Emg Mkt Bd29.3%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • USA44.8%
    Austria26.5%
    Money Market20.8%
    Israel10.7%
    Croatia9.5%
  • AA+26.5%
    Non-Rated17.6%
    BB13.1%
    BBB-6.1%
    BB+4.4%
  • Austrian Government Fixed Interest26.5%
    Money Market20.8%
    Middle East & African Government Fixed Interest13.9%
    European Government Fixed Interest9.5%
    Hungarian Government Fixed Interest6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-2.2%-0.2%3.5%7%-
Sector-3.3%-3.7%1.6%7.8%1.1%6.9%
Rank within sector32 / 22464 / 223140 / 221200 / 21687 / 170-
Quartile1st2nd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund2.9%-3.8%7.3%--
Sector9.4%-7.3%-0.6%-7%14.7%
Rank within sector209 / 218108 / 20216 / 172--
Quartile4th3rd1st
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.
2.63
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.
0.21
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%.
3.39
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.
6.6
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.
0.41
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.
0.21
Price movement
52 week high11.03
52 week low10.23
Current bid price-
Current offer price-
Current mid price10.76
Region
1USA44.84%
2Austria26.55%
3Money Market20.82%
4Israel10.66%
5Croatia9.53%
6Brazil7.84%
7Russia6.85%
8Hungary3.67%
9Greece0.72%
Industry sector
1AA+26.55%
2Non-Rated17.55%
3BB13.07%
4BBB-6.13%
5BB+4.37%
6B+4.23%
7B-1.01%
8BBB+0.98%
9AA0.2%
Asset type
1Austrian Government Fixed Interest26.55%
2Money Market20.8%
3Middle East & African Government Fixed Interest13.91%
4European Government Fixed Interest9.53%
5Hungarian Government Fixed Interest6.13%
6Brazilian Fixed Interest4.23%
7Russian Government Fixed Interest3.66%
8Brazilian Government Fixed Interest3.54%
9Russian Fixed Interest3.16%
Individual holdings
1AUSTRIA(REPUBLIC OF) 3.2% LN STK 20/02/17 EUR100019.84%
2ISRAEL(STATE OF) 1.75% NTS 31/08/25 ILS100010.71%
3AUSTRIA(REPUBLIC OF) 4.3% BDS 15/09/17 EUR10006.71%
4CROATIA(REPUBLIC OF) 6.75% BDS 05/11/19 USD1000006.43%
5HUNGARY 6.5% BDS 24/06/19 HUF100005.96%
6RUSSIAN FEDERATION MINISTRY FINANCE 3.25% BDS 04/04/17 USD2000003.66%
7PETROBRAS GLOBAL FINANCE BV 8.375% BDS 23/05/21 USD20003.58%
8BANCO NACIONAL DE DESENVOLVIMENTO 3.625% BDS 21/01/19 EUR100000 REG S3.54%
9US DOLLAR3.37%
Management
Fund manager group
Principal Global Investors
Fund manager company
Principal Global Investors (Ir
Fund type
Unit Trust
Fund objective
The investment objective of the Fund is to generate medium to long term positive total returns from a combination of current income and capital appreciation by investing in global emerging market securities. The Fund invests primarily in sovereign and corporate credits, local fixed income instruments, currencies and other debt securities. The Fund will take long and short positions and use financial derivative instruments.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Edward Lynch31/05/2016Edward Lynch joined Finisterre in June 2016 as a Portfolio Manager for the EM Debt Fund. Edward has over 15 years' experience trading Fixed Income markets at leading investment banks, with a particular focus and expertise in the Derivatives market. Edward joined from Morgan Stanley where he managed a portfolio focused on Global Emerging Markets in Foreign Exchange, Local Rates and Credit Products. Previously, he was European Co-Head of the market leading FX Options trading business at Morgan Stanley in both Emerging Markets and Developed Markets. Edward began his career at Deutsche Bank in 2000 as a Foreign Exchange Derivatives trader working in London and Tokyo. He holds a Bachelor of Commerce and a Masters degree in Quantitative Finance from University College Dublin.
Bertrand Lavigne30/06/2015
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Guernsey, Ireland, Italy, Jersey, Luxembourg, Netherlands, Offshore, Singapore, Sweden
Principal GIF Finisterre EM Debt A Acc USD
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)2.26%
Bid price-
Offer price-
Mid price9.6782
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6RP
Principal GIF Finisterre EM Debt A Hedged Acc CHF
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)2.26%
Bid price-
Offer price-
Mid price9.0519
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6RU
Principal GIF Finisterre EM Debt A Hedged Acc EUR
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)2.29%
Bid price-
Offer price-
Mid price8.724
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6RQ
Principal GIF Finisterre EM Debt A Hedged Acc GBP
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.26%
Total expense ratio (TER)2.26%
Bid price-
Offer price-
Mid price6.5149
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6RS
Principal GIF Finisterre EM Debt A Hedged Acc JPY
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6RW
Principal GIF Finisterre EM Debt A Hedged Acc SGD
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)2.26%
Bid price-
Offer price-
Mid price13.3245
CurrencySGD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6RY
Principal GIF Finisterre EM Debt A Hedged Inc CHF
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6RV
Principal GIF Finisterre EM Debt A Hedged Inc EUR
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6RR
Principal GIF Finisterre EM Debt A Hedged Inc GBP
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6RT
Principal GIF Finisterre EM Debt A Hedged Inc JPY
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6RX
Principal GIF Finisterre EM Debt A Hedged Inc SGD
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySGD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6RZ
Principal GIF Finisterre EM Debt A Inc USD
Initial charge5%
Annual charge2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.26%
Total expense ratio (TER)2.23%
Bid price-
Offer price-
Mid price9.5854
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6RO
Principal GIF Finisterre EM Debt I Acc USD
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price10.7643
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBMTY
Principal GIF Finisterre EM Debt I Hedged Acc CHF
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6SD
Principal GIF Finisterre EM Debt I Hedged Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.8137
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNHDJ
Principal GIF Finisterre EM Debt I Hedged Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price6.5797
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6SB
Principal GIF Finisterre EM Debt I Hedged Acc JPY
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6SF
Principal GIF Finisterre EM Debt I Hedged Acc SGD
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySGD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6SI
Principal GIF Finisterre EM Debt I Hedged Inc CHF
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6SE
Principal GIF Finisterre EM Debt I Hedged Inc EUR
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6SH
Principal GIF Finisterre EM Debt I Hedged Inc GBP
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6SC
Principal GIF Finisterre EM Debt I Hedged Inc JPY
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6SG
Principal GIF Finisterre EM Debt I Hedged Inc SGD
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySGD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6SJ
Principal GIF Finisterre EM Debt I Inc USD
Initial charge-
Annual charge1.5%
Min single investment£2,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6SA
Principal GIF Finisterre EM Debt I2 Hedged Inc EUR
Initial charge-
Annual charge1%
Min single investment£200,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price7.1987
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKVMS
Principal GIF Finisterre EM Debt N Acc USD
Initial charge-
Annual charge1.5%
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 codeNF6S
Principal GIF Finisterre EM Debt N Hedged Acc CHF
Initial charge-
Annual charge1.5%
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-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNF6Y
Principal GIF Finisterre EM Debt N Hedged Acc EUR
Initial charge-
Annual charge1.5%
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 codeNF6Q
Principal GIF Finisterre EM Debt N Hedged Acc GBP
Initial charge-
Annual charge1.5%
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 codeNF6W
Principal GIF Finisterre EM Debt N Hedged Acc SGD
Initial charge-
Annual charge1.5%
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-
CurrencySGD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNF6U
Principal GIF Finisterre EM Debt N Hedged Inc CHF
Initial charge-
Annual charge1.5%
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-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNF6Z
Principal GIF Finisterre EM Debt N Hedged Inc EUR
Initial charge-
Annual charge1.5%
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 codeNF6R
Principal GIF Finisterre EM Debt N Hedged Inc GBP
Initial charge-
Annual charge1.5%
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 codeNF6X
Principal GIF Finisterre EM Debt N Hedged Inc SGD
Initial charge-
Annual charge1.5%
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-
CurrencySGD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNF6V
Principal GIF Finisterre EM Debt N Inc USD
Initial charge-
Annual charge1.5%
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 codeNF6T
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.