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
34.1%
1 Year rank in sector
34/178
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
£216m (£197m 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.
113
Top in this sector
Fund name1 Year
Templeton Asian Gth60.5%
TT International Asia Pac Eq56.7%
Old Mutual AnEqIn53.6%
Old Mutual Pac Eq52.6%
Hermes AsexJap Eq50%
...more in FO Equity - Asia Pacific ex Japan

Performance snapshot

Holdings snapshot

  • China33.2%
    Korea20.6%
    Taiwan13.5%
    India9.6%
    Hong Kong9%
  • Information Technology33.6%
    Financials27.6%
    Consumer Discretionary12.6%
    Materials6.7%
    Consumer Staples4.6%
  • Chinese Equities33.2%
    South Korean Equities20.6%
    Taiwanese Equities13.5%
    Indian Equities9.6%
    Hong Kong Equities9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6%10%20.3%34.1%23.2%49.7%
Sector2.8%6%14.5%26.6%15.9%46%
Rank within sector10 / 18023 / 18017 / 18034 / 17858 / 15768 / 126
Quartile1st1st1st1st2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund21.4%4.6%-8.9%8.8%3%
Sector15.3%6.4%-6.8%5.5%3.3%
Rank within sector18 / 18093 / 170110 / 16253 / 15376 / 139
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.
1.12
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.
0.25
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%.
15.31
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.
3.75
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.
0.45
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 high209.95
52 week low159.28
Current bid price-
Current offer price-
Current mid price209.45
Region
1China33.2%
2Korea20.6%
3Taiwan13.5%
4India9.6%
5Hong Kong9%
6Indonesia6.5%
7Money Market3.2%
8Pakistan3%
9Philippines1.4%
Industry sector
1Information Technology33.6%
2Financials27.6%
3Consumer Discretionary12.6%
4Materials6.7%
5Consumer Staples4.6%
6Energy4.5%
7Money Market3.2%
8Health Care3.1%
9Industrials2.5%
Asset type
1Chinese Equities33.2%
2South Korean Equities20.6%
3Taiwanese Equities13.5%
4Indian Equities9.6%
5Hong Kong Equities9%
6Indonesian Equities6.5%
7Money Market3.2%
8Asia Pacific Emerging Equities3%
9Philippine Equities1.4%
Individual holdings
1SAMSUNG ELECTRONICS CO5.8%
2TENCENT HLDGS LIMITED5.5%
3ALIBABA GROUP HLDG LTD5%
4TAIWAN SEMICONDUCTOR MANUFACTURING4.2%
5AIA GROUP LTD3.8%
6PING AN INSURANCE(GR)CO OF CHINA3%
7JD.COM INC2.6%
8HANA FINANCIAL GROUP INC2.1%
9TECHTRONIC INDUSTRIES CO2.1%
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)1.16%
Bid price-
Offer price-
Mid price166.32
CurrencyEUR
Price updated24/05/2017
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)1.88%
Bid price-
Offer price-
Mid price171.95
CurrencyEUR
Price updated24/05/2017
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)2.52%
Bid price-
Offer price-
Mid price152.54
CurrencyEUR
Price updated24/05/2017
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)1.11%
Bid price-
Offer price-
Mid price235.3
CurrencyEUR
Price updated24/05/2017
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)1.11%
Bid price-
Offer price-
Mid price29408
CurrencyJPY
Price updated24/05/2017
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)1.11%
Bid price-
Offer price-
Mid price262.96
CurrencyUSD
Price updated24/05/2017
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)1.84%
Bid price-
Offer price-
Mid price211.09
CurrencyEUR
Price updated24/05/2017
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)1.84%
Bid price-
Offer price-
Mid price235.92
CurrencyUSD
Price updated24/05/2017
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)1.84%
Bid price-
Offer price-
Mid price229.95
CurrencyUSD
Price updated24/05/2017
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)2.45%
Bid price-
Offer price-
Mid price187.41
CurrencyEUR
Price updated24/05/2017
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)2.46%
Bid price-
Offer price-
Mid price209.45
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeP241
Pictet Asian Equities Ex Japan Z USD
Initial charge5%
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 price288.1
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOIH
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.