Fact sheet: Pictet Greater China

Fund information
Fund name
Pictet Greater China I GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Pauline Dansince 14/01/2013
  • David Chensince 14/01/2013
Fund objective
The sub-fund seeks capital growth by investing at least two-thirds of its total assets in a diversified portfolio of the shares of companies whose main business and/or registered office is in Hong Kong, China or Taiwan.
Benchmark
  • MSCI Golden Dragon
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
21.2%
1 Year rank in sector
-
Sector
FO Equity - Greater China
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.
1.24%
Fund size
£145m (£244m 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.
125
Top in this sector
Fund name1 Year
Fidelity China Focus29.7%
Old Mutual China Eq28.1%
Templeton China27.5%
Pictet Greater China21.2%
GS China Opp Eq Prtflio14.9%
...more in FO Equity - Greater China

Performance snapshot

Holdings snapshot

  • China52%
    Taiwan23.9%
    Hong Kong18.9%
    Money Market3%
    UK2.2%
  • Information Technology32.6%
    Financials20.2%
    Telecommunications Utilities11.2%
    Industrials8.9%
    Real Estate8.1%
  • Chinese Equities52.5%
    Taiwanese Equities22.7%
    Hong Kong Equities19.2%
    Money Market2.9%
    UK Equities2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.2%2.1%25.1%21.2%35.3%62.1%
Sector-1.1%0.6%12.4%3.8%4.5%29.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund19.4%4.5%10.7%3.6%15.2%
Sector5.5%-5%4.6%10.7%16.3%
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.
10.31
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.
0.77
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.
0.55
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%.
16.63
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.
9.87
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.
0.69
Price movement
52 week high390.72
52 week low264.12
Current bid price-
Current offer price-
Current mid price363.34
Region
1China51.96%
2Taiwan23.92%
3Hong Kong18.92%
4Money Market3.01%
5UK2.19%
Industry sector
1Information Technology32.64%
2Financials20.24%
3Telecommunications Utilities11.16%
4Industrials8.92%
5Real Estate8.08%
6Consumer Discretionary6.68%
7Health Care3.16%
8Money Market3.01%
9Energy1.91%
Asset type
1Chinese Equities52.5%
2Taiwanese Equities22.68%
3Hong Kong Equities19.16%
4Money Market2.89%
5UK Equities1.97%
6Singapore Equities0.81%
Individual holdings
1TAIWAN SEMICONDUCTOR CO9.46%
2CHINA MOBILE LTD7.65%
3TENCENT HLDGS LIMITED7.38%
4INDUSTRIAL & COM BK CHNA5.83%
5ALIBABA GROUP HLDG LTD4.4%
6CHEUNG KONG PROPERTY HOLDINGS LTD COMMON STOCK HKD3.85%
7AIA GROUP LTD3.65%
8CK HUTCHISON HLDGS LTD2.98%
9SKYWORTH DIGITAL HLDGS2.63%
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 the shares of companies whose main business and/or registered office is in Hong Kong, China or Taiwan.
Benchmark
  • MSCI Golden Dragon
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Pauline Dan14/01/2013Pauline Dan is Head of Greater China team, based in Hong Kong. She joined Pictet in August 2012 from Samsung Investment Trust Management, where she was head of Greater China equities. Before that, she worked for Manulife Asset Management. Her investment experience includes time with I.G. Investment Management (Hong Kong) Limited, Carlson Investment Management Far East, and China Merchants China Investment Management. She holds a Master of Business Administration degree from California State University, Los Angeles as well as Bachelor of Arts, Economics from the University of California, Los Angeles. She also holds the Chartered Financial Analyst (CFA).
David Chen14/01/2013David Chen is Senior Investment Manager at Pictet & Cie and a member of Greater China team, based in Hong Kong. He joined Pictet in 2012 and has 13 years of investment experience.
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, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden
Pictet Greater China I EUR
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.22%
Bid price-
Offer price-
Mid price431.17
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQ608
Pictet Greater China I GBP
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price363.34
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4QN
Pictet Greater China I JPY
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.22%
Bid price-
Offer price-
Mid price52323
CurrencyJPY
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFIM
Pictet Greater China I USD
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.22%
Bid price-
Offer price-
Mid price457.79
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAWS6
Pictet Greater China P EUR
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price389.84
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ607
Pictet Greater China P USD
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price413.92
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBMK0
Pictet Greater China P dy GBP
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price308.52
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBYR4
Pictet Greater China P dy USD
Initial charge5%
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price390.01
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA1G7
Pictet Greater China R EUR
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.74%
Total expense ratio (TER)2.71%
Bid price-
Offer price-
Mid price357.83
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ606
Pictet Greater China R USD
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.74%
Total expense ratio (TER)2.71%
Bid price-
Offer price-
Mid price379.93
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBMK1
Pictet Greater China Z USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price495.77
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOIP
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.