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Principal Global Equity Growth Hedged - Managed Fund (Closed)

Fund Objective
The Fund seeks to deliver performance in excess of the MSCI World Growth Index (hedged to Australian dollars), before fees, over the suggested investment timeframe of at least 5 years.
Fund Strategy
The Fund aims to provide Australian investors with access to a broad portfolio of growth-oriented equity securities, with foreign currency exposures hedged back to the Australian dollar. The Underlying Fund will be the Principal Global Equities Growth Fund (PGI0004AU).

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 3.59% 9.94% 13.74% -29.96% -% -% -% -%
Growth return 3.59% 9.94% 13.74% -29.96% -% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
Market index (Vanguard Intl Shares Index Hdg AUD TR)
Total return 0.87% 5.67% 9.66% 13.17% 16.48% 15.02% 12.89% 11.13%
As at 31 Jul 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Principal Global Equity Growth Hedged
Australian Equities
2.78%
International Equities
96.91%
Cash
0.31%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
2.72%
International Equities
96.22%
Cash
0.93%
Property & Infrastructure
0.19%
Fixed Interest
-0.10%
Alternatives
0.04%

General Information

Fund Details
Type Description
Principal Global Equity Growth Hedged (Wholesale)
Closed
Principal Global Investors (AUS) Ltd
PGI0005AU
Equity World - Currency Hedged
Not Rated
Investment Fund
28 Dec 2007
$6.84 million (as at 30 Jun 2009)
$0.5655 (as at 31 Jul 2009)
$0.5621 (as at 31 Jul 2009)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1% (as at 30 Jun 2008) (Estimated)
Minimum initial investment $500,000
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FAQs about the Principal Global Equity Growth Hedged

The objective of the Principal Global Equity Growth Hedged managed fund is The Fund seeks to deliver performance in excess of the MSCI World Growth Index (hedged to Australian dollars), before fees, over the suggested investment timeframe of at least 5 years.

The strategy of the Principal Global Equity Growth Hedged managed fund is The Fund aims to provide Australian investors with access to a broad portfolio of growth-oriented equity securities, with foreign currency exposures hedged back to the Australian dollar. The Underlying Fund will be the Principal Global Equities Growth Fund (PGI0004AU).

The APIR code of the Principal Global Equity Growth Hedged managed fund is PGI0005AU.

Principal Global Equity Growth Hedged’s total return last month was 3.59%. This was made up of a growth return of 3.59% and an income return of 0%. These returns were calculated as at 31 Jul 2009.

Principal Global Equity Growth Hedged’s total return for the last three months was 9.94%. This was made up of a growth return of 9.94% and an income return of 0%%. These returns were calculated as at 31 Jul 2009.

Principal Global Equity Growth Hedged’s one-year total return is -29.96%. This was made up of a growth return of -29.96% and an income return of 0%. These returns were calculated as at 31 Jul 2009.

Principal Global Equity Growth Hedged’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jul 2009.

The asset allocation of the Principal Global Equity Growth Hedged managed fund is :

Australian Equities
2.78%
International Equities
96.91%
Cash
0.31%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

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

The Principal Global Equity Growth Hedged managed fund belongs to the Equity World - Currency Hedged sector/asset class.

As at 30 Jun 2009, the size of the Principal Global Equity Growth Hedged managed fund was $6.84 million.

The Principal Global Equity Growth Hedged managed fund has an inception date of 28 Dec 2007.

The current entry price of the Principal Global Equity Growth Hedged managed fund is $0.5655 per unit and the current exit price is $0.5621 per unit (as at 31 Jul 2009).

The current exit price of the Principal Global Equity Growth Hedged managed fund is $0.5621 per unit and the current entry price is $0.5655 per unit (as at 31 Jul 2009).

The minimum initial investment amount for the Principal Global Equity Growth Hedged 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.