Fact sheet: Pictet Emrg Corp Bds

Fund information
Fund name
Pictet Emerging Corporate Bonds R dm USD
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund manager
  • Alain Nsiona Defisesince 12/11/2012
Fund objective
The objective of this compartment is to seek revenue and capital growth by investing primarily in a diversified portfolio of bonds and debt securities issued or guaranteed by private or public companies (such as public establishments and/or companies that are majority held by the State or its local authorities) and whose registered headquarters are located in, or that conduct the majority of their business in, an emerging country.
Benchmark
  • JP Morgan CEMBI Broad Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
7.4%
1 Year rank in sector
99/216
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.
2.24%
Fund size
£1,310m (£1,090m 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.
77
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

  • Others39.4%
    Brazil10.2%
    Mexico8.8%
    China8.4%
    Russia7.9%
  • BBB34.3%
    BB27.4%
    B19.7%
    Non-Rated8.6%
    A7.2%
  • Global Fixed Interest39.4%
    Middle East & African Fixed Interest10.6%
    Brazilian Fixed Interest10.2%
    Mexican Fixed Interest8.8%
    Chinese Fixed Interest8.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-2.5%1.1%7.4%11.2%-
Sector-3.3%-3.7%1.6%7.8%1.1%6.9%
Rank within sector54 / 22473 / 223104 / 22199 / 21665 / 170-
Quartile1st2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund8.1%-0.1%2.5%--
Sector9.4%-7.3%-0.6%-7%14.7%
Rank within sector127 / 21844 / 20277 / 172--
Quartile3rd1st2nd
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.
3.31
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.
0.59
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
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%.
4.72
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.
3.57
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.
0.95
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.
0.85
Price movement
52 week high101.03
52 week low90.77
Current bid price-
Current offer price-
Current mid price97.31
Region
1Others39.43%
2Brazil10.24%
3Mexico8.83%
4China8.37%
5Russia7.86%
6Turkey6.83%
7India5.6%
8Money Market4.64%
9Colombia4.48%
Industry sector
1BBB34.32%
2BB27.35%
3B19.66%
4Non-Rated8.56%
5A7.16%
6CCC2.56%
7AA0.4%
Asset type
1Global Fixed Interest39.43%
2Middle East & African Fixed Interest10.56%
3Brazilian Fixed Interest10.24%
4Mexican Fixed Interest8.83%
5Chinese Fixed Interest8.37%
6Russian Fixed Interest7.86%
7Indian Fixed Interest5.6%
8Money Market4.64%
9American Emerging Fixed Interest4.48%
Individual holdings
No data available.
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
The objective of this compartment is to seek revenue and capital growth by investing primarily in a diversified portfolio of bonds and debt securities issued or guaranteed by private or public companies (such as public establishments and/or companies that are majority held by the State or its local authorities) and whose registered headquarters are located in, or that conduct the majority of their business in, an emerging country.
Benchmark
  • JP Morgan CEMBI Broad Diversified
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Alain Nsiona Defise12/11/2012Alain Nsiona Defise is Head of Emerging Credit within the Fixed Income team. Based in London, he will be responsible for building the Emerging corporate business at Pictet Asset Management. Alain joins from JPMorgan where he was in charge of managing the Emerging Corporate franchise, worth over $2 billion. Alain also worked for nine years at Fortis Investments as senior portfolio manager, where he was initially in charge of High Yield investments and later built the emerging corporate business.
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, Portugal, Singapore, Sweden
Pictet Emerging Corporate Bonds HI CHF
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price102.48
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3VE
Pictet Emerging Corporate Bonds HI EUR
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price86.75
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3VF
Pictet Emerging Corporate Bonds HP CHF
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price99.41
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF41O
Pictet Emerging Corporate Bonds HP EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)1.89%
Bid price-
Offer price-
Mid price84.16
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3VG
Pictet Emerging Corporate Bonds HR CHF
Initial charge5%
Annual charge1.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.29%
Total expense ratio (TER)2.29%
Bid price-
Offer price-
Mid price97.68
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF41P
Pictet Emerging Corporate Bonds HR EUR
Initial charge5%
Annual charge1.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.29%
Total expense ratio (TER)2.29%
Bid price-
Offer price-
Mid price82.69
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3VH
Pictet Emerging Corporate Bonds HR dm EUR
Initial charge5%
Annual charge1.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.29%
Total expense ratio (TER)2.29%
Bid price-
Offer price-
Mid price72.64
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF3VI
Pictet Emerging Corporate Bonds HZ CHF
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 price106.48
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJPR
Pictet Emerging Corporate Bonds HZ EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price78.19
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVKL
Pictet Emerging Corporate Bonds I JPY
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price13079
CurrencyJPY
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFF8V
Pictet Emerging Corporate Bonds I USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price115.13
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3VA
Pictet Emerging Corporate Bonds I dy GBP
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price78.69
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF74N
Pictet Emerging Corporate Bonds I dy USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price101.34
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC5N
Pictet Emerging Corporate Bonds P USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price111.7
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3VB
Pictet Emerging Corporate Bonds P dm USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price96.59
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF51I
Pictet Emerging Corporate Bonds P dy USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.84%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price98.21
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF3VC
Pictet Emerging Corporate Bonds R USD
Initial charge5%
Annual charge1.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.24%
Total expense ratio (TER)2.24%
Bid price-
Offer price-
Mid price109.74
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3VD
Pictet Emerging Corporate Bonds R dm USD
Initial charge5%
Annual charge1.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.24%
Total expense ratio (TER)2.24%
Bid price-
Offer price-
Mid price97.31
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF51J
Pictet Emerging Corporate Bonds Z USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)0.13%
Bid price-
Offer price-
Mid price119.65
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOLG
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.