Fact sheet: Pictet GlbEnvrOpp

Fund information
Fund name
Pictet Global Environmental Opportunities I dy GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Luciano Dianasince 25/08/2014
  • Gabriel Michelisince 25/08/2014
  • Simon Gotteliersince 29/09/2016
Fund objective
The sub-fund seeks capital growth by investing principally in securities of companies that are active throughout the environmental value chain. The sub-fund favours companies operating in services, infrastructures, technologies and resources related to environmental sustainability. The investment universe is not restricted to a specific geographical zone.
Benchmark
  • MSCI World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
21.3%
1 Year rank in sector
7/68
Sector
FO Equity - Ethical
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.
1.23%
Fund size
£93m (£49m 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.
100
Top in this sector
Fund name1 Year
Alquity Latin America34.4%
Impax Environmental Markets30.2%
Sparinvest Ethical Gbl Val27.2%
Schroder ISFQEPGblESG25.1%
Dimensional Gbl SustnbltyCrEq23.5%
...more in FO Equity - Ethical

Performance snapshot

Holdings snapshot

  • USA50.3%
    Others8.7%
    Germany7.4%
    UK7.1%
    Japan5%
  • Water34.8%
    Energy25.2%
    Others14.1%
    Services10.4%
    Fishery, Agriculture & Forestry8.8%
  • US Equities50.3%
    International Equities8.7%
    German Equities7.4%
    UK Equities7.1%
    Japanese Equities5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.1%1.3%15.2%21.3%44.3%85.9%
Sector0.5%0.9%5.2%1.8%17.2%52.1%
Rank within sector65 / 7636 / 7710 / 747 / 683 / 5810 / 47
Quartile4th2nd1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund22.2%5.5%9.3%21.4%9.3%
Sector5.1%3.2%7.3%18.4%10.5%
Rank within sector6 / 6832 / 6128 / 5829 / 5039 / 47
Quartile1st3rd2nd3rd4th
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.
10.02
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.
0.62
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.
0.95
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%.
10.87
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.
9.39
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.
0.79
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.
0.41
Price movement
52 week high149.96
52 week low106.77
Current bid price-
Current offer price-
Current mid price142.98
Region
1USA50.33%
2Others8.71%
3Germany7.4%
4UK7.11%
5Japan5.04%
6Canada3.98%
7France3.87%
8Switzerland3.87%
9Ireland3.63%
Industry sector
1Water34.75%
2Energy25.15%
3Others14.09%
4Services10.36%
5Fishery, Agriculture & Forestry8.77%
6Alternative & Renewable Energy6.35%
7Money Market0.54%
Asset type
1US Equities50.33%
2International Equities8.71%
3German Equities7.4%
4UK Equities7.11%
5Japanese Equities5.04%
6Canadian Equities3.98%
7French Equities3.87%
8Swiss Equities3.87%
9Irish Equities3.63%
Individual holdings
1CADENCE DESIGN SYSTEMS INC3.34%
2SYNOPSYS INC3.06%
3XYLEM INC3.04%
4WASTE MANAGEMENT INC2.98%
5CHINA EVERBRIGHT2.88%
6ECOLAB INC2.87%
7SMITH(A.O.)CORP2.85%
8DELPHI AUTOMOTIVE PLC2.84%
9REPUBLIC SERVICES INC2.73%
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 principally in securities of companies that are active throughout the environmental value chain. The sub-fund favours companies operating in services, infrastructures, technologies and resources related to environmental sustainability. The investment universe is not restricted to a specific geographical zone.
Benchmark
  • MSCI World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Luciano Diana25/08/2014Luciano Diana joined Pictet Asset Management in 2009. He is a Senior Investment Manager in the Sector & Theme funds team and manages the 'Clean Energy' fund. Before joining Pictet, Luciano spent 4 years at Morgan Stanley, where he headed the London based clean energy sell-side research team. He began his career in 1998 as an IT strategy consultant at Accenture. Luciano holds a Laurea in Engineering from the University of Padua, Italy, and an MBA from INSEAD.
Gabriel Micheli25/08/2014Gabriel Micheli joined Pictet Asset Management in 2006 and is an Investment Manager in the Sector & Theme Funds team. He manages the ‘Timber’ fund. Gabriel is a Chartered Financial Analyst (CFA) charterholder. He graduated with a degree in Economics from the University of St. Gallen
Simon Gottelier29/09/2016Simon joined Impax from Veolia (formerly Vivendi) Environment, where he was a Business Analyst in the finance department. His responsibilities included the analysis and modeling of potential investments and financing issues on the part of the Group's water businesses. Simon began his career in Investment Banking in 1998 at NM Rothschild and subsequently moved to Deutsche Bank where he provided strategic, M&A and financing advice to European and US clients across a broad range of industrial sub-sectors. Simon is currently involved in portfolio and sector research for Impax Environmental Markets. He has an honours degree in Modern Languages from the University of Bristol.
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, Cayman Islands, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Italy, Liechtenstein, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Pictet Global Environmental Opportunities I EUR
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price171.66
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKXD7
Pictet Global Environmental Opportunities I USD
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price182.12
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKXD8
Pictet Global Environmental Opportunities I dy GBP
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price142.98
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code40000
Pictet Global Environmental Opportunities P CHF
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price176.43
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKXD9
Pictet Global Environmental Opportunities P EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price163.27
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKXE3
Pictet Global Environmental Opportunities P USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price173.19
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKXE4
Pictet Global Environmental Opportunities P dy EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price163.03
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKXE0
Pictet Global Environmental Opportunities P dy GBP
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price138.43
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKXE1
Pictet Global Environmental Opportunities P dy USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.03%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price172.97
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKXE2
Pictet Global Environmental Opportunities R EUR
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.73%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price156.31
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKXE5
Pictet Global Environmental Opportunities R USD
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.73%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price165.8
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKXE6
Pictet Global Environmental Opportunities Z USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)0.33%
Bid price-
Offer price-
Mid price185.28
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQVM
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