Fact sheet: Principal GIF Gbl Eq

Fund information
Fund name
Principal GIF Global Equity I Acc USD
Fund manager company
Principal Global Investors (Ir
Fund type
Unit Trust
Fund managers
  • Mustafa Sagunsince 01/07/2001
  • Xiaoxi Lisince 28/11/2012
  • Christopher Ibachsince 04/03/2006
Fund objective
The Fund aims to provide capital growth over the medium to long term predominantly through investment in equities from investment markets around the world that we believe are mispriced by the market and have potential for significant growth.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-0.4%
1 Year rank in sector
400/474
Sector
FO Equity - International
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.
1.25%
Fund size
£16m (£59m 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.
100
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq50.5%
Schroder ISF Gbl Rec42.1%
Dodge & Cox Gbl Stk38.8%
SKAGEN Focus36.1%
Dimensional Gbl Small Cos35%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA58.3%
    Japan11.1%
    UK8.1%
    France4.1%
    Canada3.3%
  • Health Care18.2%
    Information Technology16.8%
    Financials15.1%
    Industrials12.1%
    Consumer Staples11%
  • US Equities58.3%
    Japanese Equities11.1%
    UK Equities8.1%
    French Equities4.1%
    Canadian Equities3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.3%-1.5%0%-0.4%8.6%50.1%
Sector2.9%0.7%5.1%6.1%16.8%56%
Rank within sector215 / 500352 / 497391 / 487400 / 474270 / 384193 / 287
Quartile2nd3rd4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.2%0.4%4.6%25.3%15.7%
Sector6.8%0.7%6%21.3%12.7%
Rank within sector405 / 475240 / 427218 / 387121 / 33881 / 289
Quartile4th3rd3rd2nd2nd
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.
-3.03
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.
1.02
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%.
10.12
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.
2.88
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.
-1.03
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.
0.92
Price movement
52 week high21.23
52 week low18.56
Current bid price-
Current offer price-
Current mid price20.91
Region
1USA58.35%
2Japan11.13%
3UK8.05%
4France4.14%
5Canada3.26%
6Switzerland3.01%
7Germany2.4%
8Korea1.93%
9Brazil1.76%
Industry sector
1Health Care18.2%
2Information Technology16.8%
3Financials15.1%
4Industrials12.1%
5Consumer Staples11%
6Consumer Discretionary6.5%
7Utilities6.1%
8Telecommunications Utilities3.6%
9Money Market3%
Asset type
1US Equities58.34%
2Japanese Equities11.13%
3UK Equities8.05%
4French Equities4.14%
5Canadian Equities3.26%
6Swiss Equities3.01%
7German Equities2.4%
8South Korean Equities1.93%
9Brazilian Equities1.76%
Individual holdings
1JPMORGAN CHASE & CO3.14%
2GILEAD SCIENCES INC3%
3CISCO SYSTEMS INC2.42%
4ALPHABET INC2.34%
5AMGEN INC2.18%
6MICROSOFT CORP2.17%
7BRITISH AMERICAN TOBACCO2.06%
8SIEMENS AG1.81%
9SUNTRUST BANKS INC1.64%
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 equities from investment markets around the world that we believe are mispriced by the market and have potential for significant growth.
Benchmark
  • MSCI AC World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Mustafa Sagun01/07/2001Mustafa is chief investment officer for Principal Global Equities. He is responsible for overseeing portfolio management and research for all international, domestic, and global equities strategies. Mustafa has managed global equity portfolios since 2002 and has also served as a member of the firm's asset allocation strategy team. He joined the firm in 2000 and has been in the financial services industry since 1991. Prior to his current role, Mustafa was a vice president and analyst for PNC Financial Services Group and an equity derivatives specialist for Salomon Brothers. Mustafa received a Ph.D. in finance and a MA in international economics from the University of South Florida. He received a bachelor's degree in electronics and engineering from Bogazici University of Turkey. Mustafa 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.
Xiaoxi Li28/11/2012Xiaoxi serves as a portfolio manager for global equity strategies. Xiaoxi also serves as head of quantitative research in support of all equity strategies. His research responsibilities include conducting and implementing global equity quantitative research and model development for the firm’s proprietary GRP stock selection models, portfolio construction, and risk management. Xiaoxi joined the firm in 2006. Previously, Xiaoxi was a senior manager with Hantang Securities Co., Ltd., Beijing. His background also includes a position as a portfolio manager with Yinjian Industrial Co., Ltd., Beijing. He received an MBA from Duke University, a master's in accounting from Beijing Technology and Business University and an undergraduate degree in accounting from the University of International Business and Economics. Xiaoxi is a Financial Risk Manager charterholder, and is a member of the Global Association of Risk Professionals. He has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute.
Christopher Ibach04/03/2006Chris serves as a portfolio manager for global equity strategies. Chris is also responsible for overseeing global research and development in support of all equity strategies. His research responsibilities include conducting and implementing global equity quantitative research and model development for the firm’s proprietary GRP stock selection models, portfolio construction, and risk management. In addition, Chris oversees the firm’s global systematic strategies group that is responsible for passive and exclusion enhanced equity mandates. He joined the firm in 2000 as an equities research analyst, specializing in the analysis of international technology companies and became portfolio manager in 2002. Previously, Chris gained six years of related industry experience with Motorola, Inc. Chris received an MBA in finance and a bachelor's degree in electrical engineering from the University of Iowa. Chris 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, Reporting Fund Status, 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 Global 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)1.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6SK
Principal GIF Global 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)1.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6SL
Principal GIF Global 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)1.9%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price47.6
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePG38
Principal GIF Global 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)1.9%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price41.25
CurrencyUSD
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXP08
Principal GIF Global Equity F2 Acc USD
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.89%
Total expense ratio (TER)2.89%
Bid price-
Offer price-
Mid price10.18
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWTP
Principal GIF Global Equity F2 Inc USD
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMWTQ
Principal GIF Global 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)1.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWTU
Principal GIF Global Equity I Acc GBP
Initial charge-
Annual charge1%
Min single investment£2,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWTS
Principal GIF Global 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)1.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6SM
Principal GIF Global 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)1.28%
Bid price-
Offer price-
Mid price20.91
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXP07
Principal GIF Global Equity I Inc EUR
Initial charge-
Annual charge1%
Min single investment£2,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMWTV
Principal GIF Global Equity I Inc GBP
Initial charge-
Annual charge1%
Min single investment£2,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMWTT
Principal GIF Global Equity I Inc USD
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-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMWTR
Principal GIF Global 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 codeNF7R
Principal GIF Global 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 codeNF7T
Principal GIF Global 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 codeNF7P
Principal GIF Global 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 codeNF7S
Principal GIF Global 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 codeNF7U
Principal GIF Global 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 codeNF7Q
Data provided by

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