Fact sheet: Pictet Digital

Fund information
Fund name
Pictet Digital I dy GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Sylvie Sejournetsince 29/06/2008
  • Nolan Hoffmeyersince 01/03/2014
Fund objective
The sub-fund seeks capital growth by investing at least two-thirds of its total assets in the shares of companies using digital technology to provide interactive services and/or products associated with interactive services in the field of communication. The investment universe is not limited to a specific geographical zone.
Benchmark
  • MSCI World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
27.9%
1 Year rank in sector
-
Sector
FO Equity - Tech Media & Telecom
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.
1.2%
Fund size
£807m (£744m 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.
120
Top in this sector
Fund name1 Year
Fidelity Gbl Tech31.6%
Pictet Digital27.9%
Herald Worldwide26.5%
Aberdeen Gbl Technology Eq21%
GAM Star Technology20.1%
...more in FO Equity - Tech Media & Telecom

Performance snapshot

Holdings snapshot

  • USA60.7%
    China14.1%
    Japan6.2%
    Others5.7%
    Money Market3.3%
  • Media34.4%
    Telecom, Media & Technology18.3%
    Software15.8%
    E-Commerce12.7%
    Leisure8.2%
  • US Equities60.7%
    Chinese Equities14.1%
    Japanese Equities6.2%
    International Equities5.7%
    Money Market3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.5%2.4%23.7%27.9%68.7%146.9%
Sector0.5%2%10.1%5.3%34.5%79.1%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund29.4%13.7%11.6%38.6%8.2%
Sector8.5%8%11.3%26.5%10%
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.
12.31
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.
0.76
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.
1.37
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%.
12.98
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.
9.18
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.
1
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.
0.58
Price movement
52 week high242.07
52 week low153.3
Current bid price-
Current offer price-
Current mid price226.08
Region
1USA60.71%
2China14.07%
3Japan6.23%
4Others5.67%
5Money Market3.28%
6UK2.86%
7South Africa2.42%
8Germany1.47%
9Sweden1.24%
Industry sector
1Media34.39%
2Telecom, Media & Technology18.31%
3Software15.76%
4E-Commerce12.7%
5Leisure8.21%
6Electronic & Electrical Equipment6.81%
7Money Market3.82%
Asset type
1US Equities60.71%
2Chinese Equities14.07%
3Japanese Equities6.23%
4International Equities5.67%
5Money Market3.28%
6UK Equities2.86%
7South African Equities2.42%
8German Equities1.47%
9Swedish Equities1.24%
Individual holdings
1AMAZON.COM INC4.47%
2COMCAST CORP(NEW)4.18%
3FACEBOOK INC4.1%
4SALESFORCE.COM INC4.03%
5TENCENT HLDGS LIMITED3.92%
6ALPHABET INC3.88%
7AT&T INC3.83%
8PRICELINE GROUP INC (THE)3.63%
9APPLE INC3.5%
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 the shares of companies using digital technology to provide interactive services and/or products associated with interactive services in the field of communication. The investment universe is not limited to a specific geographical zone.
Benchmark
  • MSCI World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Sylvie Sejournet29/06/2008Sylvie Sejournet joined Pictet Asset Management in 2005 and is a Senior Investment Manager in the Sector & Theme Funds team. She manages the Digital Communication Fund. After completing an industrial placement in the Finance Department of the TF1 group, she spent eight years as a Media Sell-Side Analyst at Fortis Bank in Paris. In 2000, she was nominated for the Agefi Award for best junior analyst and in 2004, won the AQ Award for best analyst, based on her recommendations for 537 mid-cap stocks. Sylvie holds a Diploma in Banking and Finance from the University of the Sorbonne in Paris and is a member of the French Society of Financial Analysts (SFAF).
Nolan Hoffmeyer01/03/2014Nolan Hoffmeyer joined Pictet Asset Management in 2012 and is an Investment Manager in the Thematic Equities team. He started his career at Pictet Asset Management as an intern in the MIS & Management Accounting Team and the Thematic Equities Team. Nolan graduated with a Bachelor's in Business Administration from the University of St. Gallen and holds a Master's in Financial Engineering from the University of Lausanne.
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, Chile, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Italy, Liechtenstein, Luxembourg, Macau, Netherlands, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Pictet Digital HI EUR
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.22%
Bid price-
Offer price-
Mid price183.98
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFEY0
Pictet Digital HP EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price223.7
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE21G
Pictet Digital HR EUR
Initial charge-
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price204.55
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE61M
Pictet Digital I EUR
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price267.14
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCCF2
Pictet Digital I JPY
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price32294
CurrencyJPY
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFJN
Pictet Digital I USD
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price283.38
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXV22
Pictet Digital I dy GBP
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price226.08
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGLJ5
Pictet Digital P EUR
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)1.98%
Bid price-
Offer price-
Mid price235.51
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCF3
Pictet Digital P USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price249.91
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXV23
Pictet Digital P dy GBP
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price195.16
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBYR7
Pictet Digital P dy USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price240.95
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA1H7
Pictet Digital R EUR
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)2.69%
Bid price-
Offer price-
Mid price211.23
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCF4
Pictet Digital R USD
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)2.69%
Bid price-
Offer price-
Mid price224.08
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXV35
Pictet Digital Z EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price271.35
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFV6P
Pictet Digital Z USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price301.17
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCCF5
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