All investments involve risk. The value of your investment and the income from it will fluctuate and a loss of capital may occur.
India’s equity market offers a rich opportunity set – from century-old conglomerates and global household names to up-and-coming market challengers.
Partner with PineBridge to access this diverse market through a highly selective strategy.
PineBridge’s India equity strategy has navigated market cycles for more than 15 years.1
Our time-tested proprietary process and fundamental stock selection approach capture opportunities across the full equity universe.
A stable and dedicated research team with an average industry experience of 16 years3 is well positioned to identify emerging opportunities.
While global recession is looming around the corner, India is considered to be relatively sheltered. Huzaifa Husain, head of India equities, explains why this is the case, and analyzes what other factors are driving the India market.
Like other major economies, India has endured its fair share of headwinds over the last two years, including an extended shutdown in 2020 and a severe wave of Covid-19 in 2021. This year, however, amid skyrocketing commodity prices, India – once thought to be vulnerable to such external shocks — has surprised investors with its resiliency.
Portfolio of companies closely related to India's economic developement and growth
Stable investment team with a long track record
5-star Morningstar Overall Rating
(Share Class Y)4
1 PineBridge Investments. Refers to Share Class Y, USD. Inception date is 12 September 2005. Past performance is not indicative of future results.
2 Fund Selector Asia Awards Hong Kong 2021; PineBridge India Equity Fund Gold Award, Regional/Single Country Emerging Market Equity
Source: Fund Selector Asia, announced in February 2021. Based on both quantitative and qualitative methods. FE Fundinfo used its Crown Rating methodology to assess funds based on alpha, volatility and consistency of performance and create a shortlist for 14 asset classes. The shortlist was given to an independent panel of professionals from Asia’s fund selector community in Hong Kong. Each judge selected the funds he or she thought would outperform in the next 12 months. Their aggregated choices determined the Platinum and Gold winners. For more details about the methodology, please visit https://fundselectorasia.com/winners-of-the-2021-fsa-fund-awards-in-hong-kong-are/. Last accessed 13 July 2022.
Benchmark Fund of the Year Awards 2021, Outstanding Achiever, PineBridge India Equity Fund, Hong Kong. Source: BENCHMARK. The award is based on three-level scoring system by a panel of 70-80 buy-side jurors, consisting of mainly private and premier banking gatekeepers/fund selectors, family offices, and institutional investors, plus a handful of independent consultants and researchers using a questionnaire containing multiple options and binary answers. The strategy with the highest final score in its peer group wins the Best-in-Class award. Up to two Outstanding Achiever awards will be given to Strategies within a 5% margin below the Best-in-Class. For details, please visit https://www.benchmark.today/fund-awards/#grand-title. Last accessed 12 August 2022.
3 As of 30 June 2022. The asset management business in India (India AMC) provides non-binding advisory services to PineBridge Investments Asia Limited.
4 Morningstar Rating™ Source: Morningstar Essentials™. Copyright ©2022 Morningstar, Inc. All Rights Reserved. Morningstar Rating as of 31 August 2022 in the INDIA EQUITY Morningstar Category. Morningstar Performance ratings shown reflect Share Class Y performance shown unless noted otherwise.
Awards are for reference only. It is not indicative of the actual performance of the funds. Third-party rankings from rating publications are no guarantee of future investment success. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Generally, ratings, rankings, and recognition are based on information prepared and submitted by the advisor, and are part of a process in which not all advisors elect to participate. A more detailed disclosure of the criteria used in making these rankings is included in the footnotes for each award. Information contained in this material is based on sources we believe to be accurate as of the date indicated. No representation or warranty is made. We reserve the right to revise any information at any time without prior notice.
Past performance may not be a reliable guide to future performance. Investment involves risks including the possible loss of principal amount invested. Investments in the Fund are not deposits or other obligations of, or guaranteed and insured by the Manager or any of its related corporations. The value of the units in the Fund and the income accruing to the units, if any, may fall or rise. The Fund may use or invest in financial derivatives for efficient portfolio management and hedging purposes. PineBridge India Equity Fund (the “Fund”) is a sub-fund of PineBridge Global Funds, an Irish domiciled UCITS umbrella fund, authorized and regulated by the Central Bank of Ireland and registered as a recognised scheme under the Securities and Futures Act (Cap 289) in Singapore. The manager of the Fund, PineBridge Investments Ireland Limited (the “Manager”), has appointed PineBridge Investments Singapore Limited (“PBIS”) (Company Reg. No. 199602054E) as its representative in Singapore. We are not soliciting or recommending any action based on this material. Investors should seek professional advice, and read the prospectus and the product highlights sheet, available from PBIS or any of its appointed distributors, for further details including the risk factors, before investing. In the event an investor chooses not to seek advice from a financial adviser, the investor should consider whether the Fund is suitable for him. This is not intended to be a recommendation to buy or sell a security or an indication of the holdings of any portfolio or an indication of performance for the subject company/issuer. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.
Awards are for reference only. It is not indicative of the actual performance of the funds. Third-party rankings from rating publications are no guarantee of future investment success. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Generally, ratings, rankings, and recognition are based on information prepared and submitted by the advisor, and are part of a process in which not all advisors elect to participate. A more detailed disclosure of the criteria used in making these rankings is included in the footnotes for each award. Information contained in this material is based on sources we believe to be accurate as of the date indicated. No representation or warranty is made. We reserve the right to revise any information at any time without prior notice.
Investment involves risk. Past performance is not indicative of future performance. Investors should refer to the offering documents for details, including risk factors. This material is issued by PineBridge Investments Asia Limited, a company incorporated in Bermuda with limited liability, and has not been reviewed by the Securities and Futures Commission.
PineBridge India Equity Fund (the “Fund”) is a sub-fund of PineBridge Global Funds, an Irish domiciled UCITS umbrella fund, authorized and regulated by the Central Bank of Ireland. PineBridge Investments is a group of international companies that provide investment advice and market asset management products and services to clients around the world. PineBridge Investments is a registered trademark proprietary to PineBridge Investments IP Holding Company Limited.
Material Change to the Fund: On 29 March 2011, the investment policy of the Fund was changed to allow the Fund to invest in unregulated collective investment schemes. The performance for the years on or before 2010 was achieved under circumstances that no longer apply.
Important Benchmark Information
The Sub-Fund is actively managed, seeking to deliver excess returns over the Sub-Fund’s benchmark. The holdings may or may not be components of the benchmark and the Investment Manager has broad discretion to deviate from the benchmark securities, weightings and risk characteristics. The degree to which the Sub-Fund resembles the composition and risk characteristics of the benchmark is not a specifically targeted outcome and could vary over time, and the Sub-Fund’s performance may be meaningfully different from the Sub-Fund’s benchmark.
Key Risks
Potential Investors should consider the following key risks before investing in the Sub-Fund:
Equity Investing Risk: The value of shares and securities related to shares may fall due to issuer related issues, financial market dynamics and world events including economic and political changes.
Concentration Risk: The Sub-Fund may invest in a limited number of securities compared to more diversified Sub-Funds or it may focus its investments and hold relatively large positions in, among other things, particular industries, countries, sectors, currencies or issuers. This may increase the volatility of the value of the Sub-Fund or for the Sub-Fund to bear losses and may also limit the liquidity of certain securities within the Sub-Fund.
Derivative Risk: A Sub-Fund may use derivative instruments for both efficient portfolio management and for investment purposes. Derivative transactions may be subject to significant volatility which may result in a loss greater than the principal amount invested.
Counterparty Risk: A Sub-Fund may have credit exposure (by virtue of position in swaps, repurchase agreements, FDI etc.) to its trading parties and may bear the risk of default of the counterparties.
Operational Risk: A Sub-Fund may risk loss resulting from process failures, inadequate procedures or controls.
Liquidity Risk: The risk that the Sub-Fund may invest some of their assets in illiquid securities and other illiquid financial instruments, in respect of which they may not always be possible to execute a buy or sell order at the desired price or to liquidate the open position.
Currency Risk - Base Currency: Securities may be denominated in currencies different from the Sub-Fund's Base Currency and there is a risk that changes in exchange rates and exchange control regulations may cause the value of the assets expressed in the Base Currency to rise or fall.
Emerging Markets Risk: Emerging markets are typically smaller, less transparent, and subject to evolving, less stable political and regulatory regimes and securities from these markets may be more expensive to transact in, bear higher risk or have lower liquidity.
Emerging Markets Risk: Emerging markets are typically smaller, less transparent, and subject to evolving, less stable political and regulatory regimes and securities from these markets may be more expensive to transact in, bear higher risk or have lower liquidity.
Counterparty Risk – Depositary and Sub-Custodians: Custody services in many emerging markets remain undeveloped and there is a transaction and custody risk of dealing in emerging market investments.
Liquidity Risk: The risk that the Sub-Fund may invest some of their assets in illiquid securities and other illiquid financial instruments, in respect of which they may not always be possible to execute a buy or sell order at the desired price or to liquidate the open position.
The risk factors described above should not be considered an exhaustive list of risks, which potential investors should consider before investing in the Sub-Fund. For more details on the fund’s potential risks please read the Prospectus and Key Investor Information Document at pinebridge.com/funds
Awards are for reference only. It is not indicative of the actual performance of the funds. Third-party rankings from rating publications are no guarantee of future investment success. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Generally, ratings, rankings, and recognition are based on information prepared and submitted by the advisor, and are part of a process in which not all advisors elect to participate. A more detailed disclosure of the criteria used in making these rankings is included in the footnotes for each award. Information contained in this material is based on sources we believe to be accurate as of the date indicated. No representation or warranty is made. We reserve the right to revise any information at any time without prior notice.
Investment involves risk. Past performance is not indicative of future performance. Investors should refer to the offering documents for details, including risk factors. This material is issued by PineBridge Investments Asia Limited, a company incorporated in Bermuda with limited liability, and has not been reviewed by the Securities and Futures Commission.
PineBridge India Equity Fund (the “Fund”) is a sub-fund of PineBridge Global Funds, an Irish domiciled UCITS umbrella fund, authorized and regulated by the Central Bank of Ireland. PineBridge Investments is a group of international companies that provide investment advice and market asset management products and services to clients around the world. PineBridge Investments is a registered trademark proprietary to PineBridge Investments IP Holding Company Limited.
Material Change to the Fund: On 29 March 2011, the investment policy of the Fund was changed to allow the Fund to invest in unregulated collective investment schemes. The performance for the years on or before 2010 was achieved under circumstances that no longer apply.
Singapore
