Fact sheet: Pictet Emerging Markets

Fund information
Fund name
Pictet Emerging Markets R EUR
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Klaus Bockstallersince 16/11/2009
  • John Moorheadsince 01/01/2016
Fund objective
The objective of the sub-fund is to achieve capital growth by investing at least two-thirds of its total assets in the shares of companies whose main business and/or registered office is in emerging markets worldwide. The investments are made in Asia (with the exception of Japan), Latin America and the EMEA region (Eastern Europe, Middle East, Africa).
Benchmark
  • MSCI EM (EMERGING MARKETS)
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
9%
1 Year rank in sector
69/258
Sector
FO Equity - Emerging Markets
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.
2.86%
Fund size
£326m (£243m 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.
133
Top in this sector
Fund name1 Year
Charlemagne Magna New Frontrs45.7%
GAM Star Nth of Sth EM Eq38.9%
HSBC GIFEconScaleIxGEMEq37.1%
Templeton BRIC35.8%
Jul Baer Mltistck Emerg Eq31.9%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others28.7%
    China26.7%
    Taiwan10.5%
    Brazil9.4%
    Russia8%
  • Financials32.1%
    Information Technology18.2%
    Materials10.9%
    Consumer Discretionary9.2%
    Telecommunications Utilities8.4%
  • International Equities28.7%
    Chinese Equities26.7%
    Taiwanese Equities10.5%
    Brazilian Equities9.4%
    Russian Equities8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%3%15.7%9%15.1%18.8%
Sector-4.6%-1.8%7.9%6.8%-7.8%1.5%
Rank within sector8 / 26327 / 26646 / 26369 / 25839 / 20955 / 160
Quartile1st1st1st2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund16.8%-8.4%9.5%-6.2%9.7%
Sector9.9%-14.3%-1.4%-0.7%14.2%
Rank within sector55 / 25863 / 24132 / 215151 / 189146 / 161
Quartile1st2nd1st4th4th
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.
5.95
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.
1.08
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.
0.02
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%.
15.87
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.
6.46
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.
0.86
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.
0.84
Price movement
52 week high421.98
52 week low305.35
Current bid price-
Current offer price-
Current mid price415.77
Region
1Others28.71%
2China26.71%
3Taiwan10.52%
4Brazil9.36%
5Russia8.01%
6South Africa5.58%
7India3.57%
8Mexico2.78%
9Hong Kong1.69%
Industry sector
1Financials32.06%
2Information Technology18.24%
3Materials10.87%
4Consumer Discretionary9.21%
5Telecommunications Utilities8.37%
6Energy5.26%
7Utilities5.2%
8Consumer Staples3.91%
9Industrials3.62%
Asset type
1International Equities28.71%
2Chinese Equities26.71%
3Taiwanese Equities10.52%
4Brazilian Equities9.36%
5Russian Equities8.01%
6South African Equities5.58%
7Indian Equities3.57%
8Mexican Equities2.78%
9Hong Kong Equities1.69%
Individual holdings
1CHINA CONSTRUCTION BANK4.6%
2INDUSTRIAL & COM BK CHNA4%
3SAMSUNG ELECTRONICS CO3.62%
4CHINA MOBILE LTD3.37%
5ITAUSA INVESTIMENTOS ITAU SA3.04%
6TAIWAN SEMICONDUCTOR CO3.02%
7PING AN INSURANCE(GR)CO OF CHINA2.15%
8CHINA PETROLEUM & CHEMICAL CORP2.13%
9CHUNGHWA TELECOM1.96%
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
The objective of the sub-fund is to achieve capital growth by investing at least two-thirds of its total assets in the shares of companies whose main business and/or registered office is in emerging markets worldwide. The investments are made in Asia (with the exception of Japan), Latin America and the EMEA region (Eastern Europe, Middle East, Africa).
Benchmark
  • MSCI EM (EMERGING MARKETS)
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Klaus Bockstaller16/11/2009Klaus Bockstaller joined Pictet Asset Management as Head of Global Emerging Markets in November 2009. Previously, he worked at Fleming Capital Management LLP as CIO and Investment Manager from October 2004. Klaus joined FCM from Baring Asset Management, where he was Head of Emerging Europe, Middle East and Africa from September 2000. Klaus managed the Baring Emerging Europe Trust ($250m) and the Baring Eastern Europe Fund ($1bn). Previously he was with UBS Brinson where he was a portfolio manager for Eastern Europe funds and focused on all emerging markets within the European time-zone. He graduated in economics from the University of Freiburg in 1993.
John Moorhead01/01/2016
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, Denmark, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Italy, Liechtenstein, Luxembourg, Macau, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden
Pictet Emerging Markets HI EUR
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price346.96
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFYB9
Pictet Emerging Markets HP EUR
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.21%
Total expense ratio (TER)2.17%
Bid price-
Offer price-
Mid price317.04
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFYC0
Pictet Emerging Markets HR EUR
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.91%
Total expense ratio (TER)2.87%
Bid price-
Offer price-
Mid price291.83
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFYC1
Pictet Emerging Markets I EUR
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.32%
Bid price-
Offer price-
Mid price494.32
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQ627
Pictet Emerging Markets I USD
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.32%
Bid price-
Offer price-
Mid price524.8
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePW29
Pictet Emerging Markets P EUR
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)2.12%
Bid price-
Offer price-
Mid price451.7
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ626
Pictet Emerging Markets P USD
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)2.12%
Bid price-
Offer price-
Mid price479.59
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXV16
Pictet Emerging Markets P dy USD
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)2.11%
Bid price-
Offer price-
Mid price466.27
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA1F8
Pictet Emerging Markets R EUR
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.86%
Total expense ratio (TER)2.82%
Bid price-
Offer price-
Mid price415.77
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ625
Pictet Emerging Markets R USD
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.86%
Total expense ratio (TER)2.82%
Bid price-
Offer price-
Mid price441.43
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePW30
Pictet Emerging Markets Z USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.29%
Total expense ratio (TER)0.27%
Bid price-
Offer price-
Mid price615.72
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDSY9
Data provided by

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