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
  • Global Emerging Debtsince 22/12/2006
  • Simon Lue-Fongsince 25/06/2006
Fund objective
The sub-fund seeks capital growth by investing at least two-thirds of its total assets in a diversified portfolio of local-currency bonds issued in emerging markets.
Benchmark
  • JP Morgan GBI-EM Global Div Comp
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
27.2%
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.
0.99%
Fund size
£4,821m (£4,567m 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.
73
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$38.1%
Pictet Lat Am Lcl Cur Dt34.7%
Schroder ISF EmgMktBd31.6%
Rubrics Ind Fxd Inc UCITS31.5%
Pioneer SICV-Emg Mkt Bd29.3%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others21.4%
    Poland10.5%
    Brazil10.2%
    South Africa9.5%
    Mexico9.1%
  • BB35.9%
    A30.1%
    BBB26.8%
    Non-Rated6.2%
    B0.6%
  • 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
Fund-6.6%-1.6%11.4%27.2%12.7%10.2%
Sector-3.3%-3.7%1.6%7.8%1.1%6.9%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund26.8%-9.1%-0.4%-12.3%9.7%
Sector9.4%-7.3%-0.6%-7%14.7%
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.
4.42
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.
1.36
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%.
13.93
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.
9.9
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.
0.39
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 low69.82
Current bid price-
Current offer price-
Current mid price87.78
Region
1Others21.38%
2Poland10.46%
3Brazil10.18%
4South Africa9.47%
5Mexico9.07%
6Malaysia8.88%
7Indonesia8.45%
8Turkey8.23%
9Colombia7.03%
Industry sector
1BB35.94%
2A30.13%
3BBB26.81%
4Non-Rated6.18%
5B0.57%
6CCC0.3%
7AAA0.1%
8AA-0.04%
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 sub-fund seeks capital growth by investing at least two-thirds of its total assets in a diversified portfolio of local-currency bonds issued in emerging markets.
Benchmark
  • JP Morgan GBI-EM Global Div Comp
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Global Emerging Debt22/12/2006
Simon Lue-Fong25/06/2006Simon 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.
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)1.04%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price134.94
CurrencyCHF
Price updated07/12/2016
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)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price104.38
CurrencyEUR
Price updated07/12/2016
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)1.04%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price69.61
CurrencyGBP
Price updated07/12/2016
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)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price77.42
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN9C5
Pictet Emerging Local Currency Debt HP EUR
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 price97.76
CurrencyEUR
Price updated07/12/2016
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£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.19%
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price92.25
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB8X1
Pictet Emerging Local Currency Debt HZ CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)0.23%
Bid price-
Offer price-
Mid price138.45
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOKJ
Pictet Emerging Local Currency Debt HZ EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)0.23%
Bid price-
Offer price-
Mid price131.88
CurrencyEUR
Price updated07/12/2016
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)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price152.35
CurrencyEUR
Price updated07/12/2016
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)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price17418
CurrencyJPY
Price updated07/12/2016
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)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price164
CurrencyUSD
Price updated07/12/2016
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)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price130.61
CurrencyEUR
Price updated07/12/2016
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)0.99%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price13984
CurrencyJPY
Price updated07/12/2016
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)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price120.08
CurrencyEUR
Price updated07/12/2016
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)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price87.78
CurrencyGBP
Price updated07/12/2016
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)0.99%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price128.62
CurrencyUSD
Price updated07/12/2016
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)0.72%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price113.32
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKXQ5
Pictet Emerging Local Currency Debt P EUR
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price142.63
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC3M8
Pictet Emerging Local Currency Debt P USD
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price153.55
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ630
Pictet Emerging Local Currency Debt P dm EUR
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price112.25
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF0OZ
Pictet Emerging Local Currency Debt P dm USD
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price84.38
CurrencyUSD
Price updated07/12/2016
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)1.59%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price124.26
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFEDM
Pictet Emerging Local Currency Debt P dy GBP
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price73.99
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCHP0
Pictet Emerging Local Currency Debt P dy USD
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price90.08
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeQ629
Pictet Emerging Local Currency Debt R EUR
Initial charge5%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price134.61
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDEQ0
Pictet Emerging Local Currency Debt R USD
Initial charge5%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price144.9
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ628
Pictet Emerging Local Currency Debt R dm EUR
Initial charge5%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price107.93
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF0PA
Pictet Emerging Local Currency Debt R dm USD
Initial charge5%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price104.57
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeABZL
Pictet Emerging Local Currency Debt Z EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.14%
Bid price-
Offer price-
Mid price165.21
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOKH
Pictet Emerging Local Currency Debt Z GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)0.19%
Bid price-
Offer price-
Mid price141.04
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOKI
Pictet Emerging Local Currency Debt Z USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price177.86
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDSX6
Pictet Emerging Local Currency Debt Z dy EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price106.69
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIQJ3
Pictet Emerging Local Currency Debt Z dy USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price143.48
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOIR
Data provided by

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