Fact sheet: Pictet Global Emg Debt

Fund information
Fund name
Pictet Global Emerging Debt I GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Global Emerging Debtsince 12/12/2005
  • Simon Lue-Fongsince 12/12/2005
Fund objective
The sub-fund seeks capital growth by investing at least two-thirds of its total assets in a diversified portfolio of bonds and other debt instruments issued or guaranteed by national or local governments of emerging markets and/or other issuers domiciled in an emerging market.
Benchmark
  • JP Morgan EMBI Global Diversified Composite
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
25.2%
1 Year rank in sector
-
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.
0.89%
Fund size
£7,476m (£5,585m 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.
42
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$35.7%
Rubrics Ind Fxd Inc UCITS30.6%
Pictet Lat Am Lcl Cur Dt28.5%
Schroder ISF EmgMktBd27.9%
Pioneer SICV-Emg Mkt Bd26.5%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others61.8%
    Money Market9.7%
    Mexico4.3%
    Argentina3.9%
    Indonesia3.7%
  • BBB28.8%
    B25.8%
    BB21.9%
    Non-Rated9.6%
    A7.1%
  • Global Fixed Interest61.8%
    Money Market9.7%
    Middle East & African Fixed Interest7.3%
    Mexican Fixed Interest4.3%
    American Emerging Fixed Interest3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.4%-0.3%15.2%25.2%51.2%58.8%
Sector-4.4%-3.7%2.2%5.5%-0.2%5.4%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund25.7%6%13.9%-7.5%10.7%
Sector7.9%-7.3%-0.6%-7%14.7%
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.
15.66
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.
0.51
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.
1.03
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%.
11.29
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.
11.13
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.
1.36
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.
0.11
Price movement
52 week high329.71
52 week low230.96
Current bid price-
Current offer price-
Current mid price299.65
Region
1Others61.78%
2Money Market9.71%
3Mexico4.29%
4Argentina3.85%
5Indonesia3.69%
6Lebanon3.68%
7Turkey3.64%
8Philippines3.58%
9South Africa2.9%
Industry sector
1BBB28.76%
2B25.75%
3BB21.88%
4Non-Rated9.64%
5A7.13%
6CCC5.99%
7AA0.74%
8CC0.11%
Asset type
1Global Fixed Interest61.78%
2Money Market9.71%
3Middle East & African Fixed Interest7.32%
4Mexican Fixed Interest4.29%
5American Emerging Fixed Interest3.85%
6Indonesian Fixed Interest3.69%
7Philippine Fixed Interest3.58%
8South African Fixed Interest2.9%
9Polish Fixed Interest2.89%
Individual holdings
No data available.
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 at least two-thirds of its total assets in a diversified portfolio of bonds and other debt instruments issued or guaranteed by national or local governments of emerging markets and/or other issuers domiciled in an emerging market.
Benchmark
  • JP Morgan EMBI Global Diversified Composite
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Global Emerging Debt12/12/2005
Simon Lue-Fong12/12/2005Simon Lue-Fong joined Pictet Asset Management in 2005 as a Senior Investment Manager and Head of Global Emerging Debt with responsibility for investment management, product development and client relations. He has been an investment manager since 1991. His first role was managing Global Bond and Currencies. In 1996 he set up an Emerging Markets Debt business in external debt and local currency at Fischer Francis Trees & Watts. Before joining Pictet he worked for Standard Asset Management and INVESCO in their respective Emerging Markets Debt teams. Simon graduated from Bournemouth University with a BA (Hons) degree in Finance.
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, Peru, Portugal, Singapore, Sweden
Pictet Global Emerging Debt HI CHF
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price419.13
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA1G6
Pictet Global Emerging Debt HI Ds EUR
Initial charge-
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price214.63
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE87T
Pictet Global Emerging Debt HI EUR
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price262.18
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB8Y4
Pictet Global Emerging Debt HI JPY
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price14405
CurrencyJPY
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIHP4
Pictet Global Emerging Debt HI dm EUR
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price216.63
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF0TY
Pictet Global Emerging Debt HI dy EUR
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price219.39
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code06Q7
Pictet Global Emerging Debt HI dy GBP
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.99%
Bid price-
Offer price-
Mid price224.49
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOAZ
Pictet Global Emerging Debt HJ EUR
Initial charge-
Annual charge0.55%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price224.22
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7NR
Pictet Global Emerging Debt HJ dy GBP
Initial charge-
Annual charge0.55%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price224.54
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE7OF
Pictet Global Emerging Debt HP CHF
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price387.76
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB8Y5
Pictet Global Emerging Debt HP EUR
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price244.23
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA1F7
Pictet Global Emerging Debt HP dm AUD
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price145.03
CurrencyAUD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4QJ
Pictet Global Emerging Debt HP dy EUR
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price217.1
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF1GM
Pictet Global Emerging Debt HR EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price243.8
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB8Y6
Pictet Global Emerging Debt HR dm AUD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price255.77
CurrencyAUD
Price updated06/07/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4QK
Pictet Global Emerging Debt HR dm EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)1.99%
Bid price-
Offer price-
Mid price189.17
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN6I1
Pictet Global Emerging Debt I EUR
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price356.4
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3PY
Pictet Global Emerging Debt I GBP
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price299.65
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFC0G
Pictet Global Emerging Debt I USD
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price378.2
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePU47
Pictet Global Emerging Debt I dy USD
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price345.04
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC5O
Pictet Global Emerging Debt J USD
Initial charge-
Annual charge0.55%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price378.31
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7OE
Pictet Global Emerging Debt P USD
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price349.99
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePU48
Pictet Global Emerging Debt P dm HKD
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price1250.65
CurrencyHKD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF0CV
Pictet Global Emerging Debt P dm USD
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price160.29
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIFC1
Pictet Global Emerging Debt P dy USD
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price172.41
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePU49
Pictet Global Emerging Debt R USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price328.44
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePU50
Pictet Global Emerging Debt R dm USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price257.61
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF46S
Pictet Global Emerging Debt Z USD
Initial charge5%
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 price406.42
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDSU7
Data provided by

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