Fact sheet: Pictet Health

Fund information
Fund name
Pictet Health I dy GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Grégoire Biollazsince 01/04/2016
  • Nathalie Flurysince 28/04/2015
Fund objective
The sub-fund seeks capital growth by investing primarily in a diversified portfolio of the shares of companies operating in sectors related to health. Geographically, the investment universe is not restricted to any specific zone.
Benchmark
  • MSCI World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
18.5%
1 Year rank in sector
-
Sector
FO Equity - Pharma Health & Biotech
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.
1.22%
Fund size
£520m (£524m 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.
135
Top in this sector
Fund name1 Year
Polar Capital Biotechnology33.4%
Pictet Biotech31.7%
Franklin Biotech Disc27.8%
BB Medtech23.4%
UBS (L)E-Btech$23.1%
...more in FO Equity - Pharma Health & Biotech

Performance snapshot

Holdings snapshot

  • USA82.7%
    Switzerland8.4%
    UK2.6%
    Ireland2.4%
    Germany1.8%
  • Pharmaceuticals27.8%
    Biotechnology/Medical25.8%
    Services16.2%
    Others15%
    Health Care14.9%
  • US Equities82.7%
    Swiss Equities8.4%
    UK Equities2.6%
    Irish Equities2.4%
    German Equities1.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%6%3%18.5%56%124.2%
Sector-0.4%8.9%2.4%15.6%28.4%103.8%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund7.1%5.7%6.2%40.2%24.4%
Sector9.8%-9.9%7.2%28.1%41%
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.
10.8
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.
0.65
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.
0.87
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%.
13.73
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.
10.81
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.
0.76
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.
0.59
Price movement
52 week high219.61
52 week low174.01
Current bid price-
Current offer price-
Current mid price209.4
Region
1USA82.7%
2Switzerland8.4%
3UK2.6%
4Ireland2.4%
5Germany1.8%
6Japan1.1%
7Israel0.7%
8Money Market0.3%
Industry sector
1Pharmaceuticals27.8%
2Biotechnology/Medical25.8%
3Services16.2%
4Others15%
5Health Care14.9%
6Money Market0.3%
Asset type
1US Equities82.7%
2Swiss Equities8.4%
3UK Equities2.6%
4Irish Equities2.4%
5German Equities1.8%
6Japanese Equities1.1%
7Israeli Equities0.7%
8Money Market0.3%
Individual holdings
1CELGENE CORP4.7%
2UNITEDHEALTH GROUP INC4.7%
3ALLERGAN INC4.4%
4PFIZER INC4.3%
5ROCHE HLDG AG4.2%
6AMGEN INC3.7%
7MEDTRONIC INC3.7%
8THERMO FISHER SCIENTIFIC INC3.7%
9JOHNSON & JOHNSON3.5%
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 primarily in a diversified portfolio of the shares of companies operating in sectors related to health. Geographically, the investment universe is not restricted to any specific zone.
Benchmark
  • MSCI World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Grégoire Biollaz01/04/2016
Nathalie Flury28/04/2015
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, Spain, Finland, France, United Kingdom, Greece, Italy, Republic Of Korea, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden, Taiwan - Province Of China
Pictet Health HI EUR
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price172.99
CurrencyEUR
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMJ9
Pictet Health HP EUR
Initial charge5%
Annual charge1.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price181.63
CurrencyEUR
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ613
Pictet Health HR EUR
Initial charge5%
Annual charge2.3%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.76%
Total expense ratio (TER)2.76%
Bid price-
Offer price-
Mid price167.02
CurrencyEUR
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ612
Pictet Health I EUR
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price241.86
CurrencyEUR
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQ611
Pictet Health I USD
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price263.23
CurrencyUSD
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeP766
Pictet Health I dy GBP
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.22%
Bid price-
Offer price-
Mid price209.4
CurrencyGBP
Price updated27/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGLO2
Pictet Health I dy USD
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price263.12
CurrencyUSD
Price updated27/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC5H
Pictet Health P EUR
Initial charge5%
Annual charge1.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price218.73
CurrencyEUR
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ610
Pictet Health P USD
Initial charge5%
Annual charge1.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price238.07
CurrencyUSD
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeP767
Pictet Health P dy GBP
Initial charge5%
Annual charge1.6%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price189.33
CurrencyGBP
Price updated27/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBYR3
Pictet Health P dy USD
Initial charge5%
Annual charge1.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2.01%
Bid price-
Offer price-
Mid price238.01
CurrencyUSD
Price updated27/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA1G5
Pictet Health R EUR
Initial charge5%
Annual charge2.3%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.71%
Total expense ratio (TER)2.71%
Bid price-
Offer price-
Mid price201.11
CurrencyEUR
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ609
Pictet Health R USD
Initial charge5%
Annual charge2.3%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.71%
Total expense ratio (TER)2.71%
Bid price-
Offer price-
Mid price218.89
CurrencyUSD
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeP768
Pictet Health Z EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price245.81
CurrencyEUR
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFV6Q
Pictet Health Z USD
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.36%
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price293.23
CurrencyUSD
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOHZ
Data provided by

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