Fact sheet: Pictet Emg Lcl Cur Dt

Fund information
Fund name
Pictet Emerging Local Currency Debt I dy GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Simon Lue-Fongsince 26/06/2006
  • Emerging Debt Teamsince 22/12/2006
Fund objective
The compartment's objective is to seek revenue and capital growth by investing a minimum of two-third sof its total assets or wealth in a diversified portfolio of bonds and other debt securities linked to local emerging debt.
Benchmark
  • JP Morgan GBI EM Global Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
21%
1 Year rank in sector
-
Sector
FO Fixed Int - 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.
0.97%
Fund size
£5,146m (£4,155m 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.
74
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$46.5%
Pictet Lat Am Lcl Cur Dt36.6%
Ashmore EMHghYldCrDb30.5%
Capital Group EMLDtL28.4%
Gramercy Allct Emg Mket Debt27%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others21.4%
    Poland10.5%
    Brazil10.2%
    South Africa9.5%
    Mexico9.1%
  • Fixed Interest100%
  • Global Fixed Interest21.4%
    Polish Fixed Interest10.5%
    Brazilian Fixed Interest10.2%
    South African Fixed Interest9.5%
    Mexican Fixed Interest9.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%5.1%3.8%21%22.4%11.9%
Sector0.9%4.6%1.7%10.3%4.6%5.9%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund4.9%29.1%-9.1%-0.4%-12.3%
Sector4.4%10.2%-7.3%-0.6%-7%
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.
5.34
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.
1.34
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.
0.26
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%.
13.78
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.
9.81
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.
0.54
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.
0.52
Price movement
52 week high102.23
52 week low78.89
Current bid price-
Current offer price-
Current mid price93.7
Region
1Others21.38%
2Poland10.46%
3Brazil10.18%
4South Africa9.47%
5Mexico9.07%
6Malaysia8.88%
7Indonesia8.45%
8Turkey8.23%
9Colombia7.03%
Industry sector
1Fixed Interest100%
Asset type
1Global Fixed Interest21.38%
2Polish Fixed Interest10.46%
3Brazilian Fixed Interest10.18%
4South African Fixed Interest9.47%
5Mexican Fixed Interest9.07%
6Malaysian Fixed Interest8.88%
7Indonesian Fixed Interest8.45%
8Middle East & African Fixed Interest8.23%
9American Emerging Fixed Interest7.03%
Individual holdings
No data available.
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
The compartment's objective is to seek revenue and capital growth by investing a minimum of two-third sof its total assets or wealth in a diversified portfolio of bonds and other debt securities linked to local emerging debt.
Benchmark
  • JP Morgan GBI EM Global Diversified
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Simon Lue-Fong26/06/2006Simon Lue-Fong joined Pictet Asset Management in 2005 as a Senior Investment Manager and Head of Global Emerging Debt with responsibility for investment management, product development and client relations. He has been an investment manager since 1991. His first role was managing Global Bond and Currencies. In 1996 he set up an Emerging Markets Debt business in external debt and local currency at Fischer Francis Trees & Watts. Before joining Pictet he worked for Standard Asset Management and INVESCO in their respective Emerging Markets Debt teams. Simon graduated from Bournemouth University with a BA (Hons) degree in Finance.
Emerging Debt Team22/12/2006
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, Cayman Islands, Cyprus, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Italy, Liechtenstein, Luxembourg, Macau, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden
Pictet Emerging Local Currency Debt HI CHF
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price141.43
CurrencyCHF
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMWW
Pictet Emerging Local Currency Debt HI EUR
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price109.54
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB8W9
Pictet Emerging Local Currency Debt HI JPY
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price12259
CurrencyJPY
Price updated03/03/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF13E
Pictet Emerging Local Currency Debt HI dm GBP
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price71.53
CurrencyGBP
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF7JU
Pictet Emerging Local Currency Debt HI dy EUR
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price81.25
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN9C5
Pictet Emerging Local Currency Debt HP EUR
Initial charge5%
Annual charge1.2%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price102.41
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB8X0
Pictet Emerging Local Currency Debt HP SGD
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.64%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price216.6739
CurrencySGD
Price updated04/02/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF7TY
Pictet Emerging Local Currency Debt HR EUR
Initial charge5%
Annual charge1.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price96.49
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB8X1
Pictet Emerging Local Currency Debt HZ CHF
Initial charge-
Annual charge-
Min single investment£200,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)0.23%
Bid price-
Offer price-
Mid price145.44
CurrencyCHF
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOKJ
Pictet Emerging Local Currency Debt HZ EUR
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)0.23%
Bid price-
Offer price-
Mid price138.71
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOKK
Pictet Emerging Local Currency Debt I EUR
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price160.48
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC3M7
Pictet Emerging Local Currency Debt I JPY
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price18002
CurrencyJPY
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFF8T
Pictet Emerging Local Currency Debt I USD
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price173.4
CurrencyUSD
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQ631
Pictet Emerging Local Currency Debt I dm EUR
Initial charge1.05%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price134.87
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFEFW
Pictet Emerging Local Currency Debt I dm JPY
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price14052
CurrencyJPY
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF7QY
Pictet Emerging Local Currency Debt I dy EUR
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price126.49
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF0CU
Pictet Emerging Local Currency Debt I dy GBP
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price93.7
CurrencyGBP
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHSK7
Pictet Emerging Local Currency Debt I dy USD
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price136
CurrencyUSD
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF0CT
Pictet Emerging Local Currency Debt J dy EUR
Initial charge5%
Annual charge0.55%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price119.43
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKXQ5
Pictet Emerging Local Currency Debt P EUR
Initial charge5%
Annual charge1.2%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price149.98
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC3M8
Pictet Emerging Local Currency Debt P USD
Initial charge5%
Annual charge1.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price162.06
CurrencyUSD
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ630
Pictet Emerging Local Currency Debt P dm EUR
Initial charge5%
Annual charge1.2%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price115.84
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF0OZ
Pictet Emerging Local Currency Debt P dm USD
Initial charge5%
Annual charge1.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price86.65
CurrencyUSD
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIOK7
Pictet Emerging Local Currency Debt P dy EUR
Initial charge2.1%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price130.66
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFEDM
Pictet Emerging Local Currency Debt P dy GBP
Initial charge5%
Annual charge1.2%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price78.84
CurrencyGBP
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCHP0
Pictet Emerging Local Currency Debt P dy USD
Initial charge5%
Annual charge1.2%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price95.07
CurrencyUSD
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeQ629
Pictet Emerging Local Currency Debt R EUR
Initial charge5%
Annual charge1.75%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price141.31
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDEQ0
Pictet Emerging Local Currency Debt R USD
Initial charge5%
Annual charge1.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price152.68
CurrencyUSD
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ628
Pictet Emerging Local Currency Debt R dm EUR
Initial charge5%
Annual charge1.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price111.34
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF0PA
Pictet Emerging Local Currency Debt R dm USD
Initial charge5%
Annual charge1.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price107.54
CurrencyUSD
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeABZL
Pictet Emerging Local Currency Debt Z EUR
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)0.14%
Bid price-
Offer price-
Mid price174.42
CurrencyEUR
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOKH
Pictet Emerging Local Currency Debt Z GBP
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)0.19%
Bid price-
Offer price-
Mid price150.87
CurrencyGBP
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOKI
Pictet Emerging Local Currency Debt Z USD
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price188.47
CurrencyUSD
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDSX6
Pictet Emerging Local Currency Debt Z dy EUR
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price112.64
CurrencyEUR
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIQJ3
Pictet Emerging Local Currency Debt Z dy USD
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price152.04
CurrencyUSD
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOIR
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.