Fact sheet: Pictet Gbl Lg/Sh Eq

Fund information
Fund name
Pictet Global Long/Short Equity P EUR
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Jean-Pierre Selvaticosince 01/09/2014
  • Anne-Marie Mossesince 01/09/2014
Fund objective
The Investment Manager will construct a multi-strategy portfolio of UCIs which the Investment Manager believes will achieve optimum risk adjusted return on capital invested. The Sub-Fund¿s assets will be allocated to professionally managed selected UCIs. The main objective of the Sub-Fund is to invest in UCIs pursuing a Long/Short Equity and/or Event Driven strategies. However, the Investment Manager has the right to invest in UCIs pursuing to a lesser extent other types of strategies.
Benchmark
No data available.
Investment style
Long/Short
Investment method
Equity
Quick stats
1 Year return
-6.6%
1 Year rank in sector
83/106
Sector
FO Hedge/Stru Prod - Equity
Yield
-
Fund size
£472m (£1,189m 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.
58
Top in this sector
Fund name1 Year
MontLake ToscaMiCaUCITS21.8%
Ennismore Eurpn Smallar Cos19.3%
Income Partners AllSeasnAsCred18.7%
Majedie Tortoise16.8%
BlackRock SF Asia Extnn15.8%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-0.3%-1.7%-6.6%--
Sector0.5%1.3%1.3%-1%5.4%15.9%
Rank within sector71 / 12083 / 12280 / 11683 / 106--
Quartile3rd3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-6.3%1.3%---
Sector-1.8%2.7%2.5%7.1%3.9%
Rank within sector89 / 11258 / 100---
Quartile4th3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high103.5
52 week low95.86
Current bid price-
Current offer price-
Current mid price96.02
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
The Investment Manager will construct a multi-strategy portfolio of UCIs which the Investment Manager believes will achieve optimum risk adjusted return on capital invested. The Sub-Fund¿s assets will be allocated to professionally managed selected UCIs. The main objective of the Sub-Fund is to invest in UCIs pursuing a Long/Short Equity and/or Event Driven strategies. However, the Investment Manager has the right to invest in UCIs pursuing to a lesser extent other types of strategies.
Benchmark
No data available.
Investment style
Long/Short
Investment method
Equity
Fund managers
NameSinceBiography
Jean-Pierre Selvatico01/09/2014Jean-Pierre Selvatico joined Pictet Alternative Investments in 2010 as a senior hedge funds analyst and portfolio manager. He is Head of Hedge Funds and is a member of the Investment Committee. Prior to joining Pictet, Jean-Pierre was a managing director at Barclays Capital in London in charge of the European interest rate option desk. He started his career in 1993 at JP Morgan London as a quantitative researcher and then moved to the interest rate swaps market-making desk. From 1997 to 2000 he managed the Dollar option desk for JP Morgan in New-York. Prior to joining Barclays Capital in 2004, he worked at Credit Suisse First Boston in London from 2002 to 2004. Jean-Pierre graduated from Ecole Polytechnique in Paris and later from Ecole Nationale de la Statistique et de l'Administration Economique (ENSAE).
Anne-Marie Mosse01/09/2014Anne-Marie Mosse is Hedge Fund Analyst at Pictet & Cie, based in Geneva Area, Switzerland. She joined Pictet in January 2008. Prior to that, she worked as HF Analyst at Heritage Bank & Trust for 13 years. She studied at Ecole Supérieure de Gestion.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Spain, France, United Kingdom, Luxembourg, Netherlands, Offshore, Singapore
Pictet Global Long/Short Equity A EUR
Initial charge3.5%
Annual charge0.3%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)3.11%
Bid price-
Offer price-
Mid price98.06
CurrencyEUR
Price updated16/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMFQ
Pictet Global Long/Short Equity B EUR
Initial charge3.5%
Annual charge0.6%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)3.39%
Bid price-
Offer price-
Mid price97.37
CurrencyEUR
Price updated16/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMFN
Pictet Global Long/Short Equity HA USD
Initial charge3.5%
Annual charge0.3%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price98.94
CurrencyUSD
Price updated16/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMFO
Pictet Global Long/Short Equity HB USD
Initial charge3.5%
Annual charge0.6%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price98.23
CurrencyUSD
Price updated16/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMFP
Pictet Global Long/Short Equity HJ CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.14
CurrencyCHF
Price updated16/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8ZD
Pictet Global Long/Short Equity HJ USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.03
CurrencyUSD
Price updated16/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1NG
Pictet Global Long/Short Equity I EUR
Initial charge3.5%
Annual charge1.25%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price94.91
CurrencyEUR
Price updated16/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQ1Y
Pictet Global Long/Short Equity J EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.14
CurrencyEUR
Price updated16/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1NE
Pictet Global Long/Short Equity P EUR
Initial charge3.5%
Annual charge1.4%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price96.02
CurrencyEUR
Price updated16/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPAF
Data provided by

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