PineBridge Global Focus Equity Fund
Equity · Global · Large Cap Blend
Figures refer to the share class ISIN IE0004896431, currency USD, clean share class.
Fund documents
For the share class shown above.
Factsheet (PDF, 31.05.2026)KID (PDF, 17.07.2025)All documents on fundinfoKey facts
- Management company
- PineBridge Investments Ireland Ltd
- Asset class
- Equity
- Geography
- Global
- Strategy
- Large Cap Blend
- Share class currency
- USD
- Share class inception
- 07.01.1999
- Fund size
- 2346 million (as at 31.08.2026)
- Management fee
- 1.00%
- Performance fee
- No
- Liquidity
- Daily
- UCITS
- Yes
- Risk grade (SRRI)
- 6 (WSP fund database, as at 22.08.2026)
- Registered in Switzerland
- Yes
Price history
Fund and benchmark rebased to 100 at 30.09.2021.
Table view
| Period | From | Fund (100 at start) | Benchmark (100 at start) |
|---|---|---|---|
| 1Y | 03.10.2025 | 104.3 | 116.1 |
| 3Y | 29.09.2023 | 162.9 | 181.0 |
| 5Y | 30.09.2021 | 164.6 | 173.5 |
| Since 1999 | 31.10.2011 | 484.5 | 482.5 |
Total return: distributions reinvested.
In USD, the currency of the share class shown.
Fund history to 29.09.2026.
Benchmark history to 28.09.2026.
The table shows each series at its own ending date; the comparison periods are not identical.
Past performance is not a reliable indicator of future results, and the value of investments can fall as well as rise.
Performance against the benchmark
| 1M | 3M | 6M | YTD | 2025 | 2024 | 2023 | 1Y | 3Y | 5Y | Volatility | Sharpe R. | Max DD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FundISIN IE0004896431, currency USD, clean share class | 2.43 | 0.66 | 2.20 | 4.57 | 18.46 | 20.06 | 27.43 | 9.59 | 16.38 | 9.64 | 13.66 | 0.85 | -8.86 |
| BenchmarkMSCI ACWI NR USD | 2.67 | 1.92 | 9.61 | 14.31 | 22.34 | 17.49 | 22.20 | 22.35 | 20.48 | 10.88 | 12.39 | 1.21 | -7.18 |
| Differencefund minus benchmark, in percentage points | -0.24 | -1.27 | -7.41 | -9.74 | -3.88 | 2.57 | 5.22 | -12.76 | -4.10 | -1.24 | – | – | – |
Within the list: OpenList — Long Only
Compared with the equity funds on OpenList — Long Only (10 funds), each in the share class and currency its list shows. Returns are in each share class's own currency and are not converted.
| This fund | Group median | Position | |
|---|---|---|---|
| Return 1Y | 9.59 | 20.16 | 8 of 10 |
| Return 3Y p.a. | 16.38 | 18.90 | 6 of 10 |
| 3Y p.a. over its own benchmark | -4.10 | -2.39 | 6 of 10 |
| Volatility 3Y | 13.66 | 14.80 | 4 of 10 |
| Sharpe ratio 3Y | 0.85 | 0.90 | 6 of 10 |
| Max drawdown 3Y | -8.86 | -10.23 | 4 of 10 |
| Management fee | 1.00% | 0.75% | 10 of 10 |
Position 1 is the highest value, except for volatility and the management fee, where 1 is the lowest; for max drawdown, 1 is the smallest fall.
Return against risk, 3 years
Share classes on the OpenList
| ISIN | Currency | Type | Mgmt fee | 1Y | 3Y |
|---|---|---|---|---|---|
| IE0004896431 (shown above) | USD | Clean share class | 1.00% | 9.59 | 16.38 |
| IE0034235188 | USD | Retail share class | 1.80% | 8.72 | 15.45 |
Back to the list: OpenList — Long Only
Performance: in %, in the currency of the share class shown. 3Y and 5Y are annualised. Volatility and Sharpe ratio are over three years; Max DD is the largest fall over three years.
– means not applicable. "Not available in this publication" means no value is shown here; it does not mean zero.
Period figures as of 31.08.2026.
This page is advertising within the meaning of the Swiss Financial Services Act. It is not an offer, a recommendation or investment advice. The prospectus and key information document for any fund shown may be obtained free of charge from its management company or Swiss representative
WSP commentary
Draft commentary, machine-generated from the fund's monthly factsheet dated 31.05.2026, not yet reviewed by WSP.
Investment rationale
PineBridge Global Focus Equity Fund is a global equity UCITS sub-fund designed to seek growth at a reasonable price through equity and equity-related investments in global markets. Its stated focus is on companies with superior and sustainable earnings performance, using conventional valuation measures such as price/earnings and comparisons with other securities in the same market and industry. The portfolio is concentrated, with 37 securities, so it is a distinct global equity option for investors seeking focused exposure rather than a broad, highly diversified allocation. The Y USD unit class is aimed at large investors, with a minimum investment of US$1 million.
Investment strategy
The fund’s objective is to achieve growth at a reasonable price by making equity and equity-related investments in global markets with a focus on superior and sustainable earnings performance. It is managed against the MSCI All Country World Index (ACWI) Daily Total Return Net, which is used for information purposes only, while the investment manager has broad discretion to deviate from benchmark securities, weightings and risk characteristics. The sub-fund is actively managed and may use derivative instruments for efficient portfolio management and for investment purposes. The fund base currency is USD, the Y USD class reinvests dividends with no distribution, and the unit class has no entry or exit fee.
Investment philosophy
• The fund invests in equities and equity-related securities in global markets, with a stated emphasis on growth at a reasonable price and on companies judged to have superior and sustainable earnings performance.
• Security selection is described using conventional valuation measures, including price/earnings and comparisons with other securities in the same market and industry.
• The strategy is actively managed against the MSCI ACWI, and the investment manager has broad discretion to differ from benchmark constituents, country allocations, sector weights and risk characteristics.
• The portfolio is focused, holding 37 securities, with top positions including NVIDIA, Microsoft, Alphabet, Meta Platforms, Bank of America, Broadcom, Keyence, Honeywell, Eaton and Motorola Solutions.
• Current positioning is tilted toward Information Technology and Industrials, with major country exposure to the United States, followed by Japan, the Netherlands and the United Kingdom, and a small cash position.
Management team
The named portfolio manager is Robert Hinchliffe. His title is Portfolio Manager and Head of Industry Clusters. His stated role links him directly to the portfolio management function and the industry cluster research structure.
The asset manager
The document states that PineBridge Investments Ireland Limited is the Manager and Global Distributor of the fund. The investment managers of the sub-fund are PineBridge Investments LLC and PineBridge Investments Europe Limited. PineBridge Investments is part of MetLife Investment Management, which is described as MetLife, Inc.’s institutional investment management business. The fund itself is an open-ended umbrella unit trust established and authorised in Ireland as a UCITS, with segregated liability between sub-funds.
Strengths
The fund combines a global equity remit with a clearly stated growth-at-a-reasonable-price discipline and a focus on superior and sustainable earnings performance. Its structure is notably concentrated, with 37 holdings, which creates a differentiated profile from broader global equity funds. The portfolio currently shows meaningful active positioning by sector, including large allocations to Information Technology and Industrials, and by geography, including exposures to Japan, the Netherlands and the United Kingdom alongside its dominant U.S. allocation. The Y USD class also has no entry or exit fee, and dividends are reinvested.
Risks
The report states that all investments involve risk and that the value of the investment and the income from it will fluctuate, with possible loss of capital. Fund-specific risks named include equity market risk, concentration risk from investing in a limited number of securities and holding relatively large positions in particular industries, countries, sectors, currencies or issuers, and liquidity risk in relation to certain securities and illiquid financial instruments. The sub-fund may use derivatives for efficient portfolio management and investment purposes, which can introduce significant volatility, and it may also have counterparty credit exposure through instruments such as swaps, repurchase agreements and other FDIs. Additional risks named include operational risk, currency risk where securities are denominated in currencies different from the base currency, emerging-markets risk including custody and transaction risk, China-related investment risk including Stock Connect risk, sustainability-related risk, and QFI status risk.