Fact sheet: Pictet Agriculture

Fund information
Fund name
Pictet Agriculture I dy GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Cedric Lecampsince 28/05/2009
  • Gertjan Van Der Geersince 28/05/2009
Fund objective
The sub-fund seeks capital growth by investing primarily in a diversified portfolio of the shares of companies operating in the agribusiness value chain. The sub-fund particularly favours companies operating in production, packaging, supply and in the manufacture of agricultural equipment. The investment universe is not restricted to a specific geographical zone.
Benchmark
  • MSCI World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
18.2%
1 Year rank in sector
-
Sector
FO Commodity & Energy
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.
1.22%
Fund size
£190m (£286m 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.
97
Top in this sector
Fund name1 Year
EGI Earth Gold90.7%
LLB Craton Cap Precious Metal82.2%
LLB Craton Capital Gbl Res74%
Baring Global Mining64.4%
SIA Long Term Invest Nat Res60.4%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • USA46.6%
    Japan14.2%
    Switzerland10.2%
    Norway6.5%
    Canada5%
  • Fishery, Agriculture & Forestry40.6%
    Health Care32.3%
    Services26.7%
    Money Market0.5%
  • Commodity & Energy99.5%
    Money Market0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%0.4%10.9%18.2%23.8%42.7%
Sector3%0.7%6.4%17.9%-9.7%-22.7%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund18.3%-3.5%6.7%6.9%11.3%
Sector21.6%-19.8%-9%-6.6%-3.4%
Rank within sector-----
Quartile
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.
9.53
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.
0.3
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.
0.41
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%.
10.7
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.
13.98
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.
0.89
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.
0.15
Price movement
52 week high167.85
52 week low125.03
Current bid price-
Current offer price-
Current mid price158.73
Region
1USA46.61%
2Japan14.21%
3Switzerland10.19%
4Norway6.54%
5Canada4.96%
6Germany4.31%
7Others4.01%
8Denmark2.63%
9Netherlands2.18%
Industry sector
1Fishery, Agriculture & Forestry40.55%
2Health Care32.3%
3Services26.69%
4Money Market0.46%
Asset type
1Commodity & Energy99.54%
2Money Market0.46%
Individual holdings
1DEERE & CO4.51%
2SYNGENTA AG3.94%
3SYSCO CORP3.26%
4TRIMBLE INC2.87%
5GIVAUDAN SA2.73%
6AJINOMOTO CO INC2.68%
7MCCORMICK & CO INC2.48%
8MOSAIC PROPERTY C.E.E. LIMITED2.42%
9YARA INTERNATIONAL ASA2.37%
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
The sub-fund seeks capital growth by investing primarily in a diversified portfolio of the shares of companies operating in the agribusiness value chain. The sub-fund particularly favours companies operating in production, packaging, supply and in the manufacture of agricultural equipment. The investment universe is not restricted to a specific geographical zone.
Benchmark
  • MSCI World
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Cedric Lecamp28/05/2009Cédric Lecamp joined Pictet Asset Management in 2007 and is a Junior Investment Manager for the 'Water' and 'Agriculture' funds in the Sector & Theme Funds team. Cédric graduated with a degree of Bachelor of Law from the University of Durham and holds an MSci in Business and Administration from HEC Geneva.
Gertjan Van Der Geer28/05/2009
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Cayman Islands, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Italy, Liechtenstein, Luxembourg, Macau, Netherlands, Offshore, Portugal, Singapore, Sweden
Pictet Agriculture I EUR
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price190.52
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFEQ6
Pictet Agriculture I USD
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price203.1
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFEQ7
Pictet Agriculture I dy EUR
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price190.51
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE1WJ
Pictet Agriculture I dy GBP
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price158.73
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGLO6
Pictet Agriculture P EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price179.19
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFEQ8
Pictet Agriculture P USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price191.03
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFEQ9
Pictet Agriculture P dy EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price179.19
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFER0
Pictet Agriculture P dy GBP
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price150.91
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFER1
Pictet Agriculture P dy USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price191.03
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFER2
Pictet Agriculture R EUR
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.72%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price170
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFER3
Pictet Agriculture R USD
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.72%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price181.23
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFER4
Pictet Agriculture Z EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price204.38
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOKF
Pictet Agriculture Z GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.16%
Bid price-
Offer price-
Mid price164.22
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMFJ
Data provided by

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