European Responsible Equity F. I Acc EUR
IE00B60S0X89
European Responsible Equity F. I Acc EUR/ IE00B60S0X89 /
NAV2024-05-30 |
Chg.+0.1200 |
Type of yield |
Investment Focus |
Investment company |
26.8200EUR |
+0.45% |
reinvestment |
Equity
Europe
|
Principal Gl.Inv. IE ▶ |
Investment strategy
The Fund seeks to achieve its objective of realising capital growth over the medium to long term by investing principally in equity securities of companies domiciled in or with their core business in Europe (including Eastern Europe) and that demonstrate positive fundamental change at attractive relative valuations.
This Fund is classified as an ESG Orientated Fund as defined in the Prospectus and takes certain environmental and social characteristics into account, including greenhouse gas emissions, carbon footprint, public health, health and safety, and workforce and community management. The Fund also excludes thermal coal producers, companies the derive a significant proportion of revenue from tobacco production, involvement in the gambling sector and involvement in controversial weapons. The Fund may also invest in real estate investment trusts (REITS) or other REIT-like structures which will be the equivalent of REITS. The Fund may hold investments from time to time which are listed or traded in Russia. Geopolitical events may impact how these securities are traded. The Fund may also invest in UCITS eligible Funds in order to obtain its objective. While it is generally intended for the Fund to be fully invested at all times, there may be a portion of assets held in cash or deposits at any given time. Any income received by the unit class will be reinvested.
Investment goal
The Fund seeks to achieve its objective of realising capital growth over the medium to long term by investing principally in equity securities of companies domiciled in or with their core business in Europe (including Eastern Europe) and that demonstrate positive fundamental change at attractive relative valuations.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Equity |
Region: |
Europe |
Branch: |
Mixed Sectors |
Benchmark: |
MSCI Europe NTR Index |
Business year start: |
10-01 |
Last Distribution: |
- |
Depository bank: |
The Bank of New York Mellon SA/NV |
Fund domicile: |
Ireland |
Distribution permission: |
Germany, Switzerland |
Fund manager: |
Juliet Cohn, Paul H. Blankenhagen |
Fund volume: |
170.05 mill.
USD
|
Launch date: |
2010-02-19 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
0.75% |
Minimum investment: |
2,000,000.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Principal Gl.Inv. IE |
Address: |
1 Wood Street, EC2V 7JB, London |
Country: |
United Kingdom |
Internet: |
www.principalglobal.com
|
Countries
United Kingdom |
|
28.60% |
France |
|
23.80% |
Netherlands |
|
9.30% |
Denmark |
|
8.40% |
Sweden |
|
6.20% |
Switzerland |
|
5.80% |
Germany |
|
3.50% |
Spain |
|
3.50% |
Ireland |
|
2.50% |
Cash |
|
2.10% |
Greece |
|
2.00% |
Italy |
|
1.60% |
Norway |
|
1.20% |
Austria |
|
0.50% |
Others |
|
1.00% |
Branches
Industry |
|
18.90% |
Finance |
|
17.80% |
Healthcare |
|
16.30% |
Consumer goods, cyclical |
|
12.60% |
IT |
|
8.90% |
Basic Consumer Goods |
|
7.90% |
Energy |
|
5.60% |
Commodities |
|
4.60% |
Utilities |
|
2.70% |
Telecommunication Services |
|
2.50% |
Cash |
|
2.10% |
Others |
|
0.10% |