Fact sheet: PTR Mandarin

Fund information
Fund name
PTR Mandarin P USD
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Lan Wang Simondsince 19/09/2010
  • Qin Zhangsince 30/06/2014
  • Ying Hou Bossonsince 09/08/2011
Fund objective
The sub-fund follows a long/short equity investment strategy. The objective of the sub-fund is to achieve long-term capital growth in absolute terms with a strong focus on capital preservation. The compartment invests primarily in Greater China (China, Hong Kong, Taiwan) with a focus on China in particular.
Benchmark
  • MSCI Golden Dragon
Investment style
Long/Short
Investment method
Equity
Quick stats
1 Year return
6.5%
1 Year rank in sector
14/109
Sector
FO Hedge/Stru Prod - Equity
Yield
-
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.
2.01%
Fund size
£158m (£150m 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.
87
Top in this sector
Fund name1 Year
MontLake ToscaMiCaUCITS24.8%
Majedie Tortoise24.8%
Income Partners AllSeasnAsCred18.5%
Ennismore Eurpn Smallar Cos16.7%
DNB ECO Abs Rt15.4%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%2.8%8.3%6.5%16.1%32.6%
Sector-0.1%0.1%0.5%-2.6%3%14.3%
Rank within sector22 / 11221 / 1279 / 12014 / 10917 / 7213 / 49
Quartile1st1st1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.7%-3.4%9.3%12.1%6.6%
Sector-2.1%2.7%2.5%7.1%3.9%
Rank within sector15 / 11082 / 949 / 7434 / 6621 / 51
Quartile1st4th1st3rd2nd
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.
3.75
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.
1.43
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.
0.2
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%.
9.5
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.
8.35
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.
0.48
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.
0.24
Price movement
52 week high120.05
52 week low107.79
Current bid price-
Current offer price-
Current mid price119.63
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
The sub-fund follows a long/short equity investment strategy. The objective of the sub-fund is to achieve long-term capital growth in absolute terms with a strong focus on capital preservation. The compartment invests primarily in Greater China (China, Hong Kong, Taiwan) with a focus on China in particular.
Benchmark
  • MSCI Golden Dragon
Investment style
Long/Short
Investment method
Equity
Fund managers
NameSinceBiography
Lan Wang Simond19/09/2010Lan Wang Simond is a Senior Investment Manager in the Emerging Markets Specialist Equities team. She has managed the Greater China fund since its inception in May 2003. Lan joined Pictet & Cie's Financial Research Department in 1997 as a Fund Manager and a Senior Analyst specialising in the Asia ex Japan region. Before joining Pictet she worked as a fund manager with Gérifonds, the fund management company of the Banque Cantonale Vaudoise, where she managed one Asia ex Japan fund and one China fund. Born in China, Lan obtained a BA from the Beijing Normal Institute of Foreign Languages before coming to Switzerland where she gained a Business Administration degree from HEC University of Lausanne. She is a Chartered Financial Analyst (CFA) charterholder, and is fluent in Mandarin, English and French.
Qin Zhang30/06/2014Qin Zhang joined Pictet Asset Management in 2014 as an Investment Manager in the Mandarin Total Return team. Prior to joining Pictet, she worked at JPMorgan in Hong Kong, where she was a Vice President in the Equity Research team covering Chinese companies in technology hardware, telecommunications equipment, semiconductor and IT services. She also held positions at Royal Bank of Scotland/ABN Amro, China Netcom, BearingPoint/KPMG Consulting and Arthur Anderson. Qin graduated with a Bachelor's in Economics from Fudan University and an MBA from the Yale School of Management. She is a Chartered Financial Analyst (CFA) charterholder and a member of the Hong Kong Society of Financial Analysts.
Ying Hou Bosson09/08/2011Ying Hou Bosson joined Pictet in 2007. She is an Investment Manager in the Mandarin Total Return team. She was previously a Data Analyst at Pictet Custody Services, responsible for securities and set-up maintenance. Ying holds a Master's degree in Business Administration from the University of Nantes in France, and a Bachelor’s degree in French Literature from Beijing Language and Cultural University in China. She is also a qualified Certified European Financial Analyst (CFPI/AZEK) and is fluent in Mandarin, English and French.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
PTR Mandarin HI JPY
Initial charge5%
Annual charge1.1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)4.07%
Bid price-
Offer price-
Mid price12212
CurrencyJPY
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFH5X
PTR Mandarin I EUR
Initial charge5%
Annual charge1.1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)4.11%
Bid price-
Offer price-
Mid price114.81
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN7V2
PTR Mandarin I USD
Initial charge5%
Annual charge1.1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.51%
Total expense ratio (TER)3.95%
Bid price-
Offer price-
Mid price122.58
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeL7P5
PTR Mandarin P USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.01%
Total expense ratio (TER)4.19%
Bid price-
Offer price-
Mid price119.63
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL7P6
Data provided by

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