Fact sheet: Principal GIF Jpnse Eq

Fund information
Fund name
Principal GIF Japanese Equity I Acc USD
Fund manager company
Principal Global Investors (Ir
Fund type
Unit Trust
Fund managers
  • Brian W.Pattinsonsince 01/02/2011
  • Jun Kimsince 31/07/2000
  • Donghui (David) Hansince 31/07/2000
Fund objective
The Fund aims to provide capital growth over the medium to long term predominantly through investment in Japanese equities that we believe are mispriced by the market and have potential for significant growth.
Benchmark
  • MSCI Japan
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
-1.1%
1 Year rank in sector
59/109
Sector
FO Equity - 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.
1.4%
Fund size
£23m (£23m 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.
126
Top in this sector
Fund name1 Year
GAM Star Jap Eq30.7%
Eastspring Inv JapFdVal28%
Lindsell Train Japnse Eq27.8%
Russell IC Japan Equity24.9%
Allianz Japan Eq23.1%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan99.3%
    Money Market1.2%
    USA-0%
  • Consumer Discretionary27.8%
    Industrials20.4%
    Financials13.3%
    Telecommunications Utilities9.8%
    Information Technology7.4%
  • Japanese Equities99.3%
    Money Market1.2%
    Foreign Exchange-0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%-0.8%5.1%-1.1%5%35.8%
Sector3.3%6.8%10.1%0%22.7%90.5%
Rank within sector86 / 117103 / 11786 / 11659 / 10982 / 9179 / 84
Quartile3rd4th3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-1.4%9.8%-5.8%25.9%6%
Sector1.5%11.8%4.1%43.2%13.9%
Rank within sector70 / 11068 / 10184 / 9162 / 8863 / 83
Quartile3rd3rd4th3rd4th
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.
-4.29
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.
0.86
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%.
13.22
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.
6.1
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.
-0.85
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.
0.8
Price movement
52 week high9.75
52 week low7.78
Current bid price-
Current offer price-
Current mid price9.48
Region
1Japan99.33%
2Money Market1.15%
3USA-0%
Industry sector
1Consumer Discretionary27.8%
2Industrials20.4%
3Financials13.3%
4Telecommunications Utilities9.8%
5Information Technology7.4%
6Health Care5.6%
7Utilities5.5%
8Materials4.3%
9Consumer Staples3%
Asset type
1Japanese Equities99.35%
2Money Market1.15%
3Foreign Exchange-0.02%
Individual holdings
1TOYOTA MOTOR CORP5.64%
2MITSUBISHI UFJ FINANCIAL GROUP2.77%
3KDDI CORP2.71%
4SUMITOMO MITSUI FINANCIAL GROUP INC2.33%
5MITSUBISHI ELECTRIC CORP2.26%
6NTT DOCOMO INC2.23%
7FUJI HEAVY INDUSTRIES2.2%
8ORIX CORP2.08%
9NIPPON TELEGRAPH & TELEPHONE CORP2.06%
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 Japanese equities that we believe are mispriced by the market and have potential for significant growth.
Benchmark
  • MSCI Japan
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Brian W.Pattinson01/02/2011Brian is a portfolio manager at Principal Global Equities. Brian leads the global small-cap team which encompasses international small-cap and U.S. small-cap strategies. He serves as the lead portfolio manager for the firm's international portfolios while providing oversight to the U.S. small-cap team. Brian also leads the global small-cap team’s research and development efforts. He joined the firm in 1994 and became a portfolio manager in 2001. Brian received an MBA and a bachelor’s degree in finance from the University of Iowa. Brian has earned the right to use the Chartered Financial Analyst designation. He is a member of the CFA Society of Iowa and the CFA Institute.
Jun Kim31/07/2000Jun is a research analyst for the global small-cap team at Principal Global Equities, based in our Tokyo office. Jun provides Asian small-cap company analysis with a focus on companies in the consumer discretionary, industrials and information technology sectors. Previously, he was a Japanese equities investment specialist at Fortis Investments. He has more than a decade of experience in investment management and finance. Jun received an MBA at the MIT Sloan School of Management and his Bachelor of Arts in economics/international areas study at UCLA. He has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute. Jun has additional language skills in Japanese & Korean.
Donghui (David) Han31/07/2000David is a portfolio manager with Principal Global Equities. He is a portfolio manager for the Global SMID Value & Income, as well as the Asia Pacific Equity Income strategies. He also serves as co-portfolio manager for Global Small Cap strategy. His analytical responsibilities are focused on materials sector globally. David joined the firm in 2004. Prior to his current role, he served as a financial analyst at Hebei Financial Administration Commission/Office. He also previously worked as an analyst/internship at China Great Wall Securities in China. David received an MBA in finance from The University of Iowa, a Master of Economics from Naikai University and a bachelor's degree in industrial engineering & management from Hebei Institute of Technology (currently known as Hebei University of Technology). David holds 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 Japanese 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)2.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6TY
Principal GIF Japanese 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)2.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6TX
Principal GIF Japanese 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)2.17%
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price8.22
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXP09
Principal GIF Japanese 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)2.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6TW
Principal GIF Japanese 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)3.33%
Total expense ratio (TER)3.16%
Bid price-
Offer price-
Mid price11.12
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWTY
Principal GIF Japanese 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)2.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMWTZ
Principal GIF Japanese 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)2.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWUC
Principal GIF Japanese 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)2.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWUA
Principal GIF Japanese 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)1.44%
Total expense ratio (TER)1.51%
Bid price-
Offer price-
Mid price1561.63
CurrencyJPY
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNHZ9
Principal GIF Japanese 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)1.4%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price9.48
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePI95
Principal GIF Japanese 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)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMWUD
Principal GIF Japanese 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)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMWUB
Principal GIF Japanese 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 codeNF9B
Principal GIF Japanese 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 codeNF9D
Principal GIF Japanese 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 codeNF8Z
Principal GIF Japanese 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 codeNF9C
Principal GIF Japanese 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 codeNF9E
Principal GIF Japanese 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 codeNF9A
Data provided by

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