Fact sheet: Pictet Asian Eqs Ex Japan

Fund information
Fund name
Pictet Asian Equities Ex Japan R USD
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • James Kenneysince 01/11/2016
  • Avo Orasince 18/04/2011
Fund objective
The sub-fund seeks capital growth by investing at least two-thirds of its total assets in a diversified portfolio of the shares of companies whose main business and/or registered office is in Asia, with the exception of Japan.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
18.7%
1 Year rank in sector
63/179
Sector
FO Equity - Asia Pacific ex Japan
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.
2.49%
Fund size
£211m (£191m 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.
116
Top in this sector
Fund name1 Year
TT International Asia Pac Eq42.2%
Templeton Asian Gth41.4%
Old Mutual AnEqIn39.3%
Old Mutual Pac Eq38.4%
Fidelity Asn Spec Sits32.5%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • China39.5%
    Korea21.5%
    Taiwan12.6%
    India8.1%
    Hong Kong6.7%
  • Information Technology33.7%
    Financials26.4%
    Consumer Discretionary13.9%
    Materials5.8%
    Energy5.7%
  • Chinese Equities39.5%
    South Korean Equities21.5%
    Taiwanese Equities12.6%
    Indian Equities8.1%
    Hong Kong Equities6.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%7.7%6.1%18.7%17%25.1%
Sector-0.1%7.1%4.5%15.9%13.8%28.1%
Rank within sector88 / 18284 / 18247 / 18263 / 17969 / 15778 / 125
Quartile2nd2nd2nd2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund13.1%4.6%-8.9%8.8%3%
Sector11.1%6.4%-6.8%5.5%3.3%
Rank within sector45 / 18295 / 172112 / 16456 / 15577 / 141
Quartile1st3rd3rd2nd3rd
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.
0.45
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.
1.14
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.
0.18
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%.
15.32
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.
3.87
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.
0.25
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.
0.95
Price movement
52 week high198.39
52 week low155.9
Current bid price-
Current offer price-
Current mid price195.12
Region
1China39.5%
2Korea21.5%
3Taiwan12.6%
4India8.1%
5Hong Kong6.7%
6Indonesia5.9%
7Pakistan3.9%
8Philippines1.2%
9Money Market0.6%
Industry sector
1Information Technology33.7%
2Financials26.4%
3Consumer Discretionary13.9%
4Materials5.8%
5Energy5.7%
6Consumer Staples4.7%
7Health Care3.7%
8Telecommunications Utilities3.7%
9Industrials1.8%
Asset type
1Chinese Equities39.5%
2South Korean Equities21.5%
3Taiwanese Equities12.6%
4Indian Equities8.1%
5Hong Kong Equities6.7%
6Indonesian Equities5.9%
7Asia Pacific Emerging Equities3.9%
8Philippine Equities1.2%
9Money Market0.6%
Individual holdings
1SAMSUNG ELECTRONICS CO8.2%
2ALIBABA GROUP HLDG LTD5.3%
3TENCENT HLDGS LTD5.1%
4TAIWAN SEMICONDUCTOR CO3.7%
5AIA GROUP LTD3.5%
6PING AN INSURANCE(GR)CO OF CHINA3.1%
7CHINA MERCHANTS BANK CO LTD3%
8JD.COM INC2.5%
9CSPC PHARMACEUTICAL GROUP LTD2.4%
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 at least two-thirds of its total assets in a diversified portfolio of the shares of companies whose main business and/or registered office is in Asia, with the exception of Japan.
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
James Kenney01/11/2016
Avo Ora18/04/2011Avo Ora is a Senior Investment Manager on the Emerging Markets Team at Pictet Asset Management. He joined Pictet in April 2011 and focuses on Asia ex Japan. Before joining PAM, he was a Senior Vice President with Putnam, with responsibility for Asia Pacific ex Japan strategies (2003-2011). He began his career at Putnam as an analyst (1998-2003). Prior to joining Putnam he was with Riverside Central Europe Fund from 1997-1998. Mr. Ora holds a Masters in International Affairs from the Columbia School of International Public Affairs.
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, Chile, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Italy, Liechtenstein, Luxembourg, Macau, Netherlands, Offshore, Peru, Portugal, Singapore, Sweden
Pictet Asian Equities Ex Japan HI EUR
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price155.06
CurrencyEUR
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB8W6
Pictet Asian Equities Ex Japan HP EUR
Initial charge5%
Annual charge1.4%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)2.07%
Bid price-
Offer price-
Mid price160.41
CurrencyEUR
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ640
Pictet Asian Equities Ex Japan HR EUR
Initial charge5%
Annual charge2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.55%
Total expense ratio (TER)2.77%
Bid price-
Offer price-
Mid price142.39
CurrencyEUR
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ639
Pictet Asian Equities Ex Japan I EUR
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price227.32
CurrencyEUR
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQ638
Pictet Asian Equities Ex Japan I JPY
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price26680
CurrencyJPY
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFR6L
Pictet Asian Equities Ex Japan I USD
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price244.68
CurrencyUSD
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePE61
Pictet Asian Equities Ex Japan P EUR
Initial charge5%
Annual charge1.4%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.86%
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price204.08
CurrencyEUR
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ637
Pictet Asian Equities Ex Japan P USD
Initial charge5%
Annual charge1.4%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price219.66
CurrencyUSD
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeP239
Pictet Asian Equities Ex Japan P dy USD
Initial charge5%
Annual charge1.4%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price214.1
CurrencyUSD
Price updated20/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAWS2
Pictet Asian Equities Ex Japan R EUR
Initial charge5%
Annual charge2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.48%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price181.27
CurrencyEUR
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ636
Pictet Asian Equities Ex Japan R USD
Initial charge5%
Annual charge2%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.49%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price195.12
CurrencyUSD
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeP241
Pictet Asian Equities Ex Japan Z USD
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)0.27%
Bid price-
Offer price-
Mid price267.86
CurrencyUSD
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOIH
Data provided by

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