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  5. Principal Global Opportunities Equity - Managed fund profile

Principal Global Opportunities Equity - Managed Fund (Closed)

Fund Objective
The Fund aims to earn a higher investment return than the MSCI All Country World Index (expressed in Australian dollars), before fees, over rolling five-year periods.
Fund Strategy
The Fund invests predominantly in a range of equity securities from both global developed and emerging markets.

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 1.79% -2.56% -8.5% -1.34% 11.45% 16.17% 13.46% -%
Growth return 1.79% -2.56% -8.5% -19.49% 0.23% 8.24% 8.74% -%
Income return 0% 0% 0% 18.15% 11.22% 7.93% 4.72% -%
Market index (MSCI World Ex Australia NR AUD)
Total return 0.92% 6.62% 5.1% 20.06% 19.45% 20.5% 15.74% 12.6%
As at 30 Apr 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Principal Global Opportunities Equity
International Equities
99.27%
Cash
0.73%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
95.75%
Cash
1.75%
Australian Equities
1.20%
Property & Infrastructure
1.16%
Fixed Interest
0%
Alternatives
0.15%

General Information

Fund Details
Type Description
Principal Global Opportunities Equity (Wholesale)
Closed
Principal Global Investors (AUS) Ltd
PGI0004AU
Equity World Large Growth
starstarstarstar (as at 30 Apr 2016)
Investment Fund
28 Dec 2007
$13.21 million (as at 30 Apr 2016)
$1.074 (as at 13 May 2016)
$1.0703 (as at 13 May 2016)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.15% (as at 30 Sep 2015)
Minimum initial investment $500,000

Top 10 holdings (as at 30 Apr 2016)

Holding (as at 30 Apr 2016) Type % of Portfolio
Gilead Sciences Inc Equity 4.01%
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FAQs about the Principal Global Opportunities Equity

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

The strategy of the Principal Global Opportunities Equity managed fund is The Fund invests predominantly in a range of equity securities from both global developed and emerging markets.

The APIR code of the Principal Global Opportunities Equity managed fund is PGI0004AU.

Principal Global Opportunities Equity’s total return last month was 1.79%. This was made up of a growth return of 1.79% and an income return of 0%. These returns were calculated as at 30 Apr 2016.

Principal Global Opportunities Equity’s total return for the last three months was -2.56%. This was made up of a growth return of -2.56% and an income return of 0%%. These returns were calculated as at 30 Apr 2016.

Principal Global Opportunities Equity’s one-year total return is -1.34%. This was made up of a growth return of -19.49% and an income return of 18.15%. These returns were calculated as at 30 Apr 2016.

Principal Global Opportunities Equity’s one-year total return is 16.17%. This was made up of a growth return of 8.24% and an income return of 7.93%. These returns were calculated as at 30 Apr 2016.

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

International Equities
99.27%
Cash
0.73%
Australian Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

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

The Principal Global Opportunities Equity managed fund belongs to the Equity World Large Growth sector/asset class.

As at 30 Apr 2016, the size of the Principal Global Opportunities Equity managed fund was $13.21 million.

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

The current entry price of the Principal Global Opportunities Equity managed fund is $1.074 per unit and the current exit price is $1.0703 per unit (as at 13 May 2016).

The current exit price of the Principal Global Opportunities Equity managed fund is $1.0703 per unit and the current entry price is $1.074 per unit (as at 13 May 2016).

The minimum initial investment amount for the Principal Global Opportunities 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.