PineBridge Latin America Small & Mid Cap Equity Fund A USD

柏瑞拉丁美洲中小型公司股票基金 A類 美元

IE00B1RM6L88

Risk Rating: Level 6

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.30%

HKD10,000.00Min. Subscription

AUD / HKD / SGD / JPY / EUR / GBP / USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

16:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
-1.82%
3 mth
-3.61%
6 mth
-1.39%
1 yr
+5.65%
3 yr
+27.72%
5 yr
-5.77%

Analytical Figures (3 years)

Annualized Return
+8.50%
Annualized Volatility
+20.95%
Sharpe Ratio
+0.23

Fund Information

Fund Houses
Pinebridge Investment Asia Ltd – Global Fund
Launch Date
2007-03-04
Fund Manager
Andrew Jones
Gustavo Pozzi
Manager Start Date
Andrew Jones (Start date: 2016-01-01) Gustavo Pozzi (Start date: 2016-01-01)
Geographical Focus
Latin America
Asset Class/ Sector
Equity - Small / Mid cap
Risk Rating
Risk Level 6

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-10-30)
USD 51,556,489.84
Management Fee
1.30%
Latest Dividend
N.A.

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD10,000.00Min. Subscription

1.30%

HKD10,000.00Min. Subscription

AUD / HKD / SGD / JPY / EUR / GBP / USD

HKD10,000.00Min. Subscription

HKD10,000.00

HKD10,000.00

Daily

16:30

-

Dividend Records

No Dividends

Investment Objective

The Sub-Fund seeks to achieve long term capital growth by making equity and equity-related investments in smaller to medium sized companies operating in the economies of Latin America, i.e. companies incorporated in Latin America or companies whose assets, products or operations are in Latin America.

Nature and Extent of Risks

Investment involves risks. Please refer to the offering document for details including the risk factors.
1. Equity risk
- The value of equity and equity-related securities will be affected by economic, political, market, and issuer-specific changes, regardless of company specific performance. Different industries, financial markets, and securities can react differently to these changes. Moreover, such fluctuations of a Sub-Fund’s value are often worsened in the short-term.
2. Emerging markets risk
- Investment in securities of companies or in certain securities markets considered as “emerging” or “developing” countries or markets involves a relatively higher degree of risk and may be considered speculative due to the absence of, amongst other things, developed legal structures governing private or foreign investments and private property, internationally comparable accounting, auditing and reporting standard and level of information transparency, significant adverse economic developments including substantial depreciation in currency exchange rates or unstable currency fluctuations.
- The size and volume of trading of securities markets of “emerging” or “developing” market issuers are currently small and low or non-existent, which might result in price volatility and lack of liquidity.
3. Financial derivative instruments risk
- The leverage effect embedded in derivatives may result in substantial losses including and up to the total value of the assets of the Sub-Fund and the prices of derivatives can be highly volatile. The use of FDIs may expose the Sub-Fund to various types of risk, including but not limited to, counterparty, liquidity, correlation, credit, volatility, valuation and settlement risks which can have an adverse effect on the net asset value of the Sub-Fund.
4. Country selection risk
- The Sub-Fund’s performance is often derived from its allocations to certain countries. These allocations may present greater opportunities and potential for capital appreciation, but may subject the sub-Fund to concentration risk and higher risk of loss as compared to a portfolio which is diversified across different geographic regions.
5. Market volatility risk
- All markets are subject to volatility based on prevailing economic conditions. Some of the markets or exchanges on which the Sub-Fund may invest may prove to be highly volatile from time to time.
6. Small and/or mid capitalized companies risk
- Investments in the securities of smalland mid-capitalised companies or financial instruments related to such securities may involve greater risk than is customarily associated with larger, more established companies. These are likely to be traded in lower volumes. Consequently, these securities may be more illiquid and subject to more volatility.
- The quality, reliability, transparency and availability of information on such companies may be more limited. Rules regulating corporate governance may be less developed or less stringent which may increase investment risk and lessen investor protection.
7. Liquidity risk
- The liquidity of securities that are not listed or rated may be low. As such, the purchase and sale of these holdings may be time consuming and may be conducted at unfavorable prices.
8. Currency risk
- The Sub-Fund may invest in holdings denominated in other currencies different from its base currency (i.e. USD) and therefore may be affected favourably or unfavourably by exchange control regulations or currency exchange rates between USD and such other currencies.
9. Distributions risk
- Dividends, if any, may be paid out of the capital of the Sub-Fund. Where the Manager determines in its discretion to pay distributions in respect of the Sub-Fund, investors should note that such distributions amount to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment.
- Such distributions may result in an immediate decrease in the Net Asset Value of the Sub- Fund.
10. Investment loss risk
- The instruments invested by the Sub-Fund may fall in value and therefore your investment in the Sub-Fund may suffer losses.
- The value of the Sub-fund may be adversely affected by developments in political, economical and social conditions and policies of the markets in which it invests which may result in losses to your investment.

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852
3896 3896

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