Fact sheet: Pictet Euroland Index

Fund information
Fund name
Pictet Euroland Index IS NAV GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Roland Riatsince 29/06/2006
  • Jean-Michel Piuzsince 30/06/2007
Fund objective
The aim of this sub-fund is to enable investors to participate in the growth of the eurozone equity market by way of a vehicle that accurately reflects MSCI EMU index movements. However, the sub-fund is not required to hold all securities included in the benchmark index.
Benchmark
  • MSCI EMU
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Quick stats
1 Year return
29.3%
1 Year rank in sector
9/97
Sector
FO Equity - Europe ex UK
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.
0.35%
Fund size
£445m (£274m 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.
114
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Fund name1 Year
JB Mltstck Erlnd Vl Stck62.4%
Guinness European Eq Inc35.5%
Oyster Cont Euro Select35.4%
JB Multiopp Eurld Val Focus34%
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...more in FO Equity - Europe ex UK

Performance snapshot

Holdings snapshot

  • France31.6%
    Germany29.7%
    Spain10.4%
    Netherlands10.3%
    Italy5.9%
  • Financials18.6%
    Industrials14.8%
    Consumer Discretionary14%
    Consumer Staples11.5%
    Materials8.5%
  • French Equities31.6%
    German Equities29.7%
    Spanish Equities10.4%
    Dutch Equities10.3%
    Italian Equities5.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund7.2%5.1%17.2%29.3%26.6%82.5%
Sector3.8%6.1%10.4%11.8%22.2%74.2%
Rank within sector9 / 10255 / 10210 / 1029 / 9722 / 8830 / 77
Quartile1st3rd1st1st1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.5%21.3%4.4%-2.5%26.2%
Sector1.3%4.1%12.7%3.5%23.2%
Rank within sector12 / 1038 / 9881 / 8978 / 8933 / 82
Quartile1st1st4th4th2nd
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.
1.49
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.
0.87
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.
0.28
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%.
13.21
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.
7.78
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.
0.06
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.
0.68
Price movement
52 week high120.9
52 week low85.62
Current bid price-
Current offer price-
Current mid price120.83
Region
1France31.6%
2Germany29.68%
3Spain10.4%
4Netherlands10.26%
5Italy5.86%
6Belgium4.19%
7Finland3.08%
8Ireland1.48%
9Others1.44%
Industry sector
1Financials18.58%
2Industrials14.79%
3Consumer Discretionary14.01%
4Consumer Staples11.53%
5Materials8.54%
6Health Care7.61%
7Information Technology7.44%
8Utilities5.45%
9Energy5.3%
Asset type
1French Equities31.6%
2German Equities29.68%
3Spanish Equities10.4%
4Dutch Equities10.26%
5Italian Equities5.86%
6Belgian Equities4.19%
7Finnish Equities3.08%
8Irish Equities1.48%
9International Equities1.44%
Individual holdings
1TOTAL SA2.87%
2ANHEUSER-BUSCH INBEV SA/NV2.47%
3SANOFI2.42%
4SAP SE2.33%
5SIEMENS AG2.33%
6BAYER AG2.21%
7BASF SE2.18%
8ALLIANZ VINKULIERT1.91%
9BANCO SANTANDER SA1.9%
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
The aim of this sub-fund is to enable investors to participate in the growth of the eurozone equity market by way of a vehicle that accurately reflects MSCI EMU index movements. However, the sub-fund is not required to hold all securities included in the benchmark index.
Benchmark
  • MSCI EMU
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Fund managers
NameSinceBiography
Roland Riat29/06/2006Roland Riat joined Pictet Asset Management in 1997. Within the Quantitative Investment team, he is responsible for Swiss equities indexation. He previously worked for Swiss Bank Corp, specializing in active institutional portfolio management (balanced portfolios), as well as, quantitative and risk management for a French equity fund. Roland holds a degree in Economics form the University of Geneva and a CFPI diploma.
Jean-Michel Piuz30/06/2007Jean-Michel Piuz joined Pictet Asset Management in 2006 as an Investment Manager for Institutional clients in the Quantitative Investment team. Before joining Pictet, he worked for eight years at his own company as an IT consultant creating financial applications for banks and financial companies. Jean-Michel holds a Brevet fédéral d'analyste programmeur as well as a diploma from the Ecole Supérieure de Commerce de Genève.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, FE Passive Rateable, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Italy, Liechtenstein, Luxembourg, Netherlands, Offshore, Portugal, Singapore, Sweden
Pictet Euroland Index IS EUR
Initial charge5%
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)0.24%
Bid price-
Offer price-
Mid price139.26
CurrencyEUR
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQ616
Pictet Euroland Index IS GBP
Initial charge-
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)-
Bid price120.83
Offer price126.8715
Mid price-
CurrencyGBP
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX1E
Pictet Euroland Index IS NAV GBP
Initial charge5%
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price120.83
CurrencyGBP
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4QZ
Pictet Euroland Index P EUR
Initial charge5%
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price137.45
CurrencyEUR
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ615
Pictet Euroland Index P dy EUR
Initial charge5%
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.33%
Bid price-
Offer price-
Mid price105.11
CurrencyEUR
Price updated11/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA1G2
Pictet Euroland Index R EUR
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price133.85
CurrencyEUR
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ614
Pictet Euroland Index R dy GBP
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price97.04
Offer price101.892
Mid price-
CurrencyGBP
Price updated11/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFX1F
Pictet Euroland Index R dy NAV GBP
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price97.04
CurrencyGBP
Price updated11/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDMZ7
Pictet Euroland Index Z EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)0.05%
Bid price-
Offer price-
Mid price142.94
CurrencyEUR
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOIM
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