Morningstar Fund Report
Principal Global Credit Opportunities
Fund Report | Report generated 29 Jan 2022 | 
Performance
31 Dec 2021
Growth of $10,000
Fund: Principal Global Credit Opportunities
Index: Bloomberg Gbl Agg Corp TR Hdg AUD
Category: Diversified Credit
Financial Year Total Returns
| Jun-19 | Jun-20 | Jun-21 | Dec-21 | |
|---|---|---|---|---|
| Fund | 9.76 | 11.19 | 2.36 | 0.43 |
| +/- Cat | 4.99 | 9.27 | -1.54 | 0.32 |
| +/- Index | 0.78 | 5.55 | -0.96 | 0.43 |
Trailing Total Returns
as at 31 Dec 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | 0.81 | 0.61 | 0.91 | 2 / 95 |
| 3 Month | 0.45 | 0.66 | 0.47 | 9 / 94 |
| 1 Year | 0.14 | -0.71 | 1.13 | 63 / 94 |
| 3 Year | 8.01 | 4.73 | 2.33 | 1 / 80 |
| 5 Year | 5.55 | 2.49 | 1.15 | 1 / 65 |
Risk Analysis
as at 31 Dec 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 4.81 | 3.56 | 6.2 |
| Sharpe Ratio | 1.54 | 0.9 | 0.84 |
| R-Squared | 78.48 | 63.48 | -- |
| Beta | 0.68 | 0.47 | -- |
| Alpha | 3.76 | 0.33 | -- |
Fund Details
| Fund Inception | 31 May 2004 |
| Responsible Entity | Ironbark Asset Mgmt (Fund Services) Ltd |
| Fund Manager | Principal Global Investors (AUS) Ltd |
| Base Currency | $A |
| Net Assets $Mil (as at 30 Nov 2021) |
300.80 |
| Minimum Investment $ | 20,000 |
| Regular Savings Plan (Yes/No) |
-- |
| Cash Distributions | Quarterly |
Current Investment Style
as at 30 Nov 2021
Style Box is unavailable.
Asset Allocation
% as at 31 Dec 2021
| Domestic Equity | 0.000 |
| International Equity | 0.810 |
| Listed Property | 0.000 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 0.000 |
| International Fixed Interest | 93.090 |
| Cash | 6.100 |
| Other | 0.000 |
Morningstar Sustainability Rating 
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Quick Stats
as at 21 Jan 2022
| APIR Code | PGI0001AU |
| Legal Type | Investment Trusts |
| Status | Open |
| Category | Diversified Credit |
| Entry Price $ | 0.9362 |
| Exit Price $ | 0.9320 |
| Exit Price 1 Week Change $ |
-0.0046 |
Morningstar Ratings
| Overall |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
|
Prosective Fees & Costs
as at 22 Dec 2020
| Total Cost Ratio (Prospective) | 0.80% |
| Investment Management Fee | 0.80% |
| Performance Fee Costs | -- |
| Administration Fees & Costs | -- |
| Buy Spread/Sell Spread | 0.15% / 0.30% |