Principal European Equity

INTERNATIONAL FUNDS ISLE OF MAN
Principal European Equity
February 2015
This factsheet is for information only and should not be considered a
financial promotion. This information should not be relied upon for buying
and selling decisions.
FUND OBJECTIVE
MIRROR FUND KEY FACTS
The Fund aims to provide capital growth over the medium to long
term predominantly through investment in European equities that
we believe are mispriced by the market and have potential for
significant growth.
FP Code:
Currency:
Launch Date:
FPI Risk Rating:
Dealing:
Sector Classification:
Sharia Compliant:
Index Tracker:
Socially Responsible Investment:
SFC Authorised:
MAS Approved:
FPI MIRROR FUND RISK RATING
Grade 4: A more focused asset exposure provides good
growth potential with the risk of short-term volatility.
J76
USD
March 1998
4
Daily
Equity - Europe inc UK
No
No
No
Yes
No
UNDERLYING FUND KEY FACTS
The fund price may go up and down depending on investment
performance and is not guaranteed. You may get back less than
you’ve paid in.
Sedol Code:
ISIN Code:
Launch Date:
Fund Management Company:
DPPI MIRROR FUND SEARCH SCHEME
Fund Manager:
Dynamic Portfolio Planner International (DPPi) is our online, adviser only,
Manager Since:
portfolio-planning tool. The Mirror Fund Search Scheme is used to filter our Fund Size (as at 31/01/2015):
mirror fund range by defining broad asset classes in order to refine a search. Annual Management Charge:
Additional Expenses (as at 30/06/2014):
This fund is classified as:
Total Expense Ratio (as at 30/06/2014):
0114837
IE0001148372
02/11/1992
Principal Global Investors
Paul H. Blankenhagen
01/03/2014
USD 119m
1.50%
0.28%
1.78%
The Total Expense Ratio is a measure of the total annual charge of the
underlying fund and is the Annual Management Charge plus the Additional
Expenses
Sector Classification:
Crown Rating:
Equity - Europe inc UK
Further information on the Crown Rating can be found at
www.financialexpress.net
UNDERLYING FUND BREAKDOWN
Asset Allocation (as at 31/12/2014)
Sector Allocation (as at 31/12/2014)
29.00%
UK Equities
14.00%
Swiss Equities
Swedish Equities
Spanish Equities
Norwegian Equities
12.40%
Consumer Staples
7.90%
Danish Equities
14.50%
Consumer Discretionary
8.40%
French Equities
17.50%
Health Care
11.80%
German Equities
18.10%
Financials
9.30%
Industrials
6.30%
Materials
6.70%
6.00%
Telecommunications
Utilities
6.60%
3.90%
6.20%
Information Technology
Belgian Equities
3.30%
Energy
Finnish Equities
5.40%
2.50%
Utilities
2.80%
TOP HOLDINGS (as at 31/12/2014)
Holding
1.
2.
3.
4.
5.
ROCHE HLDG AG
NOVARTIS AG
ROYAL DUTCH SHELL
NOVO-NORDISK AS
ANHEUSER-BUSCH INBEV SA
% of Fund
3.90%
3.80%
2.80%
2.10%
1.80%
Holding
6. BAYER AG
7. SHIRE PLC
8. BANCO SANTANDER SA
9. NESTLE SA
10. BT GROUP
% of Fund
1.80%
1.80%
1.70%
1.70%
1.60%
INTERNATIONAL FUNDS ISLE OF MAN
Principal European Equity
February 2015
The information shown below refers to the past. Past performance is not a reliable guide to future performance.
Performance figures are net of all charges. Please note that the securities held within a fund may not be denominated in the currency of that fund
and, as a result, fund prices may rise and fall purely on account of exchange rate fluctuations.
PERFORMANCE OF MIRROR FUND OVER ROLLING ONE YEAR PERIODS (as at 31/12/2014)
31/12/2009 31/12/2010
31/12/2010 31/12/2011
31/12/2011 31/12/2012
31/12/2012 31/12/2013
31/12/2013 31/12/2014
7.63%
-15.67%
21.26%
23.78%
-5.54%
Principal European Equity
* This fund was not available during this time frame
Figures are for periods from Quarter 4 to Quarter 4 of each year.
RELATIVE PERFORMANCE OF UNDERLYING FUND OVER ROLLING ONE YEAR PERIODS (as at 31/12/2014)
31/12/2009 31/12/2010
31/12/2010 31/12/2011
31/12/2011 31/12/2012
31/12/2012 31/12/2013
31/12/2013 31/12/2014
Quartile Rank
Q2
Q3
Q2
Q2
Q2
Absolute Rank
50/166
120/179
91/191
98/204
66/211
Figures are for periods from Quarter 4 to Quarter 4 of each year.
Quartile rank – if a fund is ranked in the top 25% of funds available within its investment sector over the period shown, it is shown as Q1. Funds
ranked in the next 25% are ‘Q2’ etc. Funds in the bottom 25% are ‘Q4’.
Absolute rank – shows the fund’s relative positioning when its performance is compared to the other funds in the Financial Express sector.
PERCENTAGE GROWTH OF MIRROR FUND OVER FIVE YEARS (as at
31/01/2015)
50%
CUMULATIVE PERFORMANCE OF MIRROR FUND (as at 31/01/2015)
% growth
Since Launch
64.73
40%
1 Year
-3.22
30%
3 Years
32.18
20%
5 Years
32.53
10 Years
45.90
10%
ANNUALISED PERFORMANCE OF MIRROR FUND (as at 31/01/2015)
0%
% growth
-10%
-20%
Feb 10
Since Launch
Aug
Feb 11
Aug
Feb 12
Aug
Feb 13
Aug
Feb 14
Aug
29/01/2010 - 30/01/2015 Powered by data from FE
Standard Deviation*
3.00
14.08%
* Standard Deviation is a measure of a fund’s risk and volatility. It gives an
indication of how much a fund’s price goes up and down in value. So the
higher the volatility measure, the greater the risk. The above figure is an
annualised figure over a three-year time period.
Source: Financial Express Ltd, on a bid to bid basis. Figures to 31/01/2015
IMPORTANT INFORMATION REGARDING MIRROR FUNDS
For each fund managed by external investment managers Friends Provident International has set up its own mirror fund, which invests exclusively in
the underlying fund, apart from a proportionately small amount, which may be held as a cash balance. This means that the price of the Friends
Provident International fund will be different from the corresponding fund due to the cash holding and any differences in fund charges, but will move
mainly in line with it. These mirror funds can only be accessed using Friends Provident International product wrappers. Please note that there are
fees charged to investments in the mirror funds that will affect their return. For further details, please refer to the relevant fund information
brochure.
Friends Provident International Limited
Registered and Head Office: Royal Court, Castletown, Isle of Man, British Isles, IM9 1RA.
Telephone: +44(0) 1624 821 212 Fax: +44(0) 1624 824 405 Website: www.fpinternational.com
Incorporated company limited by shares. Registered in the Isle of Man, number 11494.
Authorised by the Isle of Man Insurance and Pensions Authority.
Provider of life assurance and investment products.
Authorised by the Office of the Commissioner of Insurance to conduct long-term insurance business in Hong Kong.
Registered in the United Arab Emirates as an insurance company (Registration No. 76).
Registered with the Ministry of Economy as a foreign company (Registration No. 2013): Registration date 19 April 2007.
Authorised by the United Arab Emirates Insurance Authority to conduct life assurance and funds accumulation operations.
Registered in Singapore No. F06835G.
Licensed by the Monetary Authority of Singapore to conduct life insurance business in Singapore.
Friends Provident International is a registered trade mark of the Friends Life group.