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  5. Principal Emerging Markets Equity - Managed fund profile

Principal Emerging Markets Equity - Managed Fund (Closed)

Fund Objective
The Fund aims to earn a higher investment return than the MSCI Emerging Markets Index (expressed in Australian dollars), before fees, over rolling five year periods.
Fund Strategy
The Fund aims to provide Australian investors with access to a broad portfolio of emerging markets equity securities. The Fund will be managed by a diverse team of investment professionals with a disciplined overall fund management process. The Fund will operate a bottom-up, fundamental investment process to identify entities with the following characteristics: improving and sustainable business fundamentals, catalysts leading to rising investor expectations, and attractive relative valuations.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.31% -0.83% -2.15% 4.14% 3.89% 0.6% 5.42% -%
Growth return 0.31% -0.83% -2.15% 4.14% 3.89% 0.6% 4.94% -%
Income return 0% 0% 0% 0% 0% 0% 0.48% -%
Market index (MSCI EM NR AUD)
Total return -0.37% 7.63% 10.56% 21.08% 15.33% 12.54% 7.81% 7.78%
As at 30 Apr 2014. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Principal Emerging Markets Equity
International Equities
101.96%
Cash
-1.96%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.79%
Cash
1.97%
Australian Equities
2.10%
Property & Infrastructure
0.08%
Fixed Interest
0.02%
Alternatives
0.03%

General Information

Fund Details
Type Description
Principal Emerging Markets Equity (Wholesale)
Closed
Principal Global Investors (AUS) Ltd
PGI0003AU
Equity Emerging Markets
starstarstar (as at 30 Apr 2014)
Investment Fund
28 Dec 2007
$3.18 million (as at 30 Apr 2014)
$0.7528 (as at 9 May 2014)
$0.7483 (as at 9 May 2014)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.25% (as at 30 Jun 2012)
Minimum initial investment $500,000

Top 10 holdings (as at 31 Mar 2014)

Holding (as at 31 Mar 2014) Type % of Portfolio
PGI Emerging Markets Equity Mutual Fund - Separate Account 100%

FAQs about the Principal Emerging Markets Equity

The objective of the Principal Emerging Markets Equity managed fund is The Fund aims to earn a higher investment return than the MSCI Emerging Markets Index (expressed in Australian dollars), before fees, over rolling five year periods.

The strategy of the Principal Emerging Markets Equity managed fund is The Fund aims to provide Australian investors with access to a broad portfolio of emerging markets equity securities. The Fund will be managed by a diverse team of investment professionals with a disciplined overall fund management process. The Fund will operate a bottom-up, fundamental investment process to identify entities with the following characteristics: improving and sustainable business fundamentals, catalysts leading to rising investor expectations, and attractive relative valuations.

The APIR code of the Principal Emerging Markets Equity managed fund is PGI0003AU.

Principal Emerging Markets Equity’s total return last month was 0.31%. This was made up of a growth return of 0.31% and an income return of 0%. These returns were calculated as at 30 Apr 2014.

Principal Emerging Markets Equity’s total return for the last three months was -0.83%. This was made up of a growth return of -0.83% and an income return of 0%%. These returns were calculated as at 30 Apr 2014.

Principal Emerging Markets Equity’s one-year total return is 4.14%. This was made up of a growth return of 4.14% and an income return of 0%. These returns were calculated as at 30 Apr 2014.

Principal Emerging Markets Equity’s one-year total return is 0.6%. This was made up of a growth return of 0.6% and an income return of 0%. These returns were calculated as at 30 Apr 2014.

The asset allocation of the Principal Emerging Markets Equity managed fund is :

International Equities
101.96%
Cash
-1.96%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Principal Emerging Markets Equity managed fund is Principal Global Investors (AUS) Ltd.

The Principal Emerging Markets Equity managed fund belongs to the Equity Emerging Markets sector/asset class.

As at 30 Apr 2014, the size of the Principal Emerging Markets Equity managed fund was $3.18 million.

The Principal Emerging Markets Equity managed fund has an inception date of 28 Dec 2007.

The current entry price of the Principal Emerging Markets Equity managed fund is $0.7528 per unit and the current exit price is $0.7483 per unit (as at 9 May 2014).

The current exit price of the Principal Emerging Markets Equity managed fund is $0.7483 per unit and the current entry price is $0.7528 per unit (as at 9 May 2014).

The minimum initial investment amount for the Principal Emerging Markets Equity managed fund is $500,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.