Fact sheet: Pictet Emg Mkts High Div

Fund information
Fund name
Pictet Emerging Markets High Dividend I dm GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Stephen Burrowssince 22/12/2011
  • Mark Boultonsince 01/03/2012
  • Klaus Bockstallersince 28/03/2013
Fund objective
The fund aims to invest mainly in stocks and similar securities of companies having their principal place of business and/or headquarters in emerging countries worldwide whose expected dividends are high or superior to their reference index.
Benchmark
  • MSCI Emerging Markets
Investment style
None
Investment method
Shares
Quick stats
1 Year return
37.3%
1 Year rank in sector
-
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.
1.37%
Fund size
£123m (£111m 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.
124
Top in this sector
Fund name1 Year
GAM Star Nth of Sth EM Eq53.5%
Wells Fargo WW Emg Mkts Eq49.5%
Templeton BRIC49%
T. Rowe Price EmgMktsEq48.2%
JOHCM Emerging Markets45.6%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • China22.1%
    Taiwan15.8%
    Others12.2%
    Brazil9.3%
    Korea8.8%
  • Financials33.7%
    Telecommunications Utilities14%
    Information Technology12.6%
    Consumer Discretionary8.7%
    Materials6.1%
  • Chinese Equities22.1%
    Taiwanese Equities15.8%
    International Equities12.2%
    Brazilian Equities9.3%
    South Korean Equities8.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.5%14.2%23.2%37.3%12.2%-
Sector1.8%10%13.5%16.1%-2%12.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund33.3%-14.4%1.8%-3.6%-
Sector14.5%-14.3%-1.4%-0.7%14.2%
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.
3.46
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.
0.96
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.
0.04
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%.
16.14
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.
8.56
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.
0.36
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.
0.71
Price movement
52 week high68.26
52 week low46.78
Current bid price-
Current offer price-
Current mid price66.81
Region
1China22.09%
2Taiwan15.76%
3Others12.24%
4Brazil9.27%
5Korea8.78%
6Russia8.66%
7South Africa5.68%
8Money Market4.38%
9Thailand4.28%
Industry sector
1Financials33.73%
2Telecommunications Utilities13.97%
3Information Technology12.56%
4Consumer Discretionary8.69%
5Materials6.14%
6Industrials5.23%
7Consumer Staples5%
8Energy4.7%
9Utilities4.53%
Asset type
1Chinese Equities22.09%
2Taiwanese Equities15.76%
3International Equities12.24%
4Brazilian Equities9.27%
5South Korean Equities8.78%
6Russian Equities8.66%
7South African Equities5.68%
8Money Market4.38%
9Thai Equities4.28%
Individual holdings
1TAIWAN SEMICONDUCTOR CO4.93%
2CHINA MOBILE LTD4.23%
3CHINA CONSTRUCTION BANK3.63%
4TELEFONICA BRASIL SA1.88%
5INDUSTRIAL & COM BK CHNA1.81%
6ADVANCED SEMICONDUCTOR ENGINEERING1.67%
7BANK OF CHINA LTD1.59%
8SK TELECOM1.54%
9MEGA FINANCIAL HLDG CO1.53%
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
The fund aims to invest mainly in stocks and similar securities of companies having their principal place of business and/or headquarters in emerging countries worldwide whose expected dividends are high or superior to their reference index.
Benchmark
  • MSCI Emerging Markets
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Stephen Burrows22/12/2011Stephen Burrows joined Pictet Asset Management in 1997. He is a Senior Investment Manager and Product Specialist for Global Emerging Markets Equities team. He also holds the position of Product Specialist for the EAFE (plus) team. Previously he was a Senior Investment Manager for the European Equities team at Pictet. He began his investment career in 1987 with a three year training program at Rothschild Asset Management before moving onto become an Investment Manager for European Equities and a member of the Global Asset Allocation Committee. In 1995 he moved to Norwich Union Investment Management as an Investment Manager in the European Equity team. Stephen is an Associate Member of the Society of Investment Professionals.
Mark Boulton01/03/2012Mark Boulton is Director of the Global Equities team. Mark joined Pictet Asset Management in 1998. After qualifying as a chartered accountant with Arthur Andersen & Co., he joined the European equity team at Rothschild Asset Management as an investment manager in 1991. In 1995, he spent 18 months at Rothschild & Compagnie Banque in Paris as Head of the European Team. On his return to London in 1997 he became Head of the International Equities Department, where his responsibilities also included global emerging markets. At the end of 1997 he was appointed Director of Rothschild Asset Management. Mark graduated from Brasenose College, Oxford in 1988 with a MA (Hons) in Chemistry. He has a diploma in Investment Management from the London Business School and is an associate member of the Securities Institute.
Klaus Bockstaller28/03/2013Klaus 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.
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, Denmark, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Italy, Liechtenstein, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Pictet Emerging Markets High Dividend HP EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.21%
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price78.56
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF20A
Pictet Emerging Markets High Dividend HR EUR
Initial charge5%
Annual charge2.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.21%
Total expense ratio (TER)3.18%
Bid price-
Offer price-
Mid price75.31
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF20B
Pictet Emerging Markets High Dividend I EUR
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price93.28
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF0OO
Pictet Emerging Markets High Dividend I GBP
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price80.49
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF0RU
Pictet Emerging Markets High Dividend I USD
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price104.59
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF0OP
Pictet Emerging Markets High Dividend I dm GBP
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price66.81
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF0RV
Pictet Emerging Markets High Dividend I dy USD
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price91.24
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF9MN
Pictet Emerging Markets High Dividend P EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.17%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price90.1
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF0OT
Pictet Emerging Markets High Dividend P GBP
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price77.76
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF0RW
Pictet Emerging Markets High Dividend P USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price101.03
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF0OU
Pictet Emerging Markets High Dividend P dm EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price74.47
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF0OQ
Pictet Emerging Markets High Dividend P dm GBP
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price64.28
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF0RX
Pictet Emerging Markets High Dividend P dm USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.17%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price83.53
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF0OR
Pictet Emerging Markets High Dividend P dy USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price86.89
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF0OS
Pictet Emerging Markets High Dividend R EUR
Initial charge5%
Annual charge2.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.16%
Total expense ratio (TER)3.13%
Bid price-
Offer price-
Mid price86.38
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF0OW
Pictet Emerging Markets High Dividend R USD
Initial charge5%
Annual charge2.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.16%
Total expense ratio (TER)3.13%
Bid price-
Offer price-
Mid price96.85
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF0OX
Pictet Emerging Markets High Dividend R dm EUR
Initial charge5%
Annual charge2.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.17%
Total expense ratio (TER)3.13%
Bid price-
Offer price-
Mid price71.09
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF0OV
Pictet Emerging Markets High Dividend R dm USD
Initial charge-
Annual charge2.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price90.37
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFT0W
Pictet Emerging Markets High Dividend Z USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.29%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price109.51
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOLD
Data provided by

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