Fact sheet: FP Pictet Multi Asset Portfolio

Fund information
Fund name
FP Pictet Multi Asset Portfolio A
Fund manager company
Fund Partners Ltd
Fund type
OEIC
Fund manager
  • Percival Stanionsince 10/06/2015
Fund objective
The objective of the Fund is to provide investors with a positive absolute return in excess of the ICE LIBOR GBP 3 Month rate (London Interbank Offered Rate) in Pounds Sterling over 12-month rolling periods. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over any 12 month rolling period or at all.
Benchmark
  • LIBOR GBP 3m +4%
Investment style
Flexible,Absolute Return
Investment method
None
Quick stats
1 Year return
13.7%
1 Year rank in sector
2/71
Sector
UT Targeted Absolute Return
Yield
0%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.88%
Fund size
£264m (£11m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
45
Mid price
108.6633
Top in this sector
Fund name1 Year
7IM Unconstrained15.2%
FP Pictet Multi Asset Portfolio13.7%
VT iFunds Absolute Rtn Orange13.5%
S&W Saltus Wealth13.2%
Schroder UKDynAbsRet13%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • Not Specified39.2%
    UK17.4%
    International13.6%
    Global Emerging Markets9.5%
    Money Market8.1%
  • No data available.
  • Global Fixed Interest20%
    Alternative Assets14.7%
    UK Equities10.9%
    Money Market8.1%
    International Equities7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%1.7%2.8%13.7%--
Sector0.1%1%1.1%2.6%5.7%15.7%
Rank within sector58 / 7722 / 7717 / 742 / 71--
Quartile4th2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund1.6%10.6%---
Sector0.8%1%2.2%2.5%6.5%
Rank within sector22 / 774 / 70---
Quartile2nd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high109.33
52 week low94.81
Current bid price-
Current offer price-
Current mid price108.66
Region
1Not Specified39.2%
2UK17.4%
3International13.6%
4Global Emerging Markets9.5%
5Money Market8.1%
6USA7.1%
7Japan5.1%
Industry sector
No data available.
Asset type
1Global Fixed Interest20%
2Alternative Assets14.7%
3UK Equities10.9%
4Money Market8.1%
5International Equities7.9%
6US Equities7.1%
7Property6.5%
8Global Developed Markets Government Fixed Interest5.7%
9Global Emerging Market Equities5.5%
Individual holdings
1PICTET-ASIAN EQUITIES EX JAPAN FUND7.9%
2ISHARES CORE FTSE 100 UCITS ETF7.8%
3AXA WF US HIGH YIELD BONDS FUND7.5%
4NB HIGH YIELD BOND I ACC GBP7.5%
5HENDERSON UK PROPERTY6.5%
6UNITED STATES OF AMER TREAS BONDS 2.5% TB 15/02/46 USD10005.7%
7PICTET-ABSOLUTE RETURN FIXED INCOME -I USD-5.5%
8PICTET-JAPANESE EQUITY SELECTION FUND5.1%
9PICTET FUNDS(EUROPE)SA US HIGH YIELD HI GBP5%
Management
Fund manager group
IFDS Managers
Fund manager company
Fund Partners Ltd
Fund type
OEIC
Fund objective
The objective of the Fund is to provide investors with a positive absolute return in excess of the ICE LIBOR GBP 3 Month rate (London Interbank Offered Rate) in Pounds Sterling over 12-month rolling periods. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over any 12 month rolling period or at all.
Benchmark
  • LIBOR GBP 3m +4%
Investment style
Flexible,Absolute Return
Investment method
None
Fund manager
NameSinceBiography
Percival Stanion10/06/2015Percival joined Pictet Asset Management in 2014. He is Head of Multi Asset and co-chairman of the Pictet Asset Management Strategy Unit (PSU). He has 34 years investment experience. Previously Percival was the Head of the Global Multi Asset Group at Barings Asset Management. Prior to Barings Asset Management, he worked for BNP Paribas Asset Management, where he was Head of Asset Allocation. From 1992 to 1998 Percival managed the Global Diversified Accounts team at Pictet Asset Management. His prior fund management experience includes management of US equities at National Provident and global equities at Invesco. Percival holds a MA Hons in Philosophy, Politics and Economics from Pembroke College, Oxford University.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
FP Pictet Multi Asset Portfolio A
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price108.6633
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMC6Z
FP Pictet Multi Asset Portfolio E
Initial charge-
Annual charge0.1%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price109.1405
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMC7A
FP Pictet Multi Asset Portfolio T
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.6648
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNTCI
Data provided by

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