Fact sheet: Pictet High Div Sel

Fund information
Fund name
Pictet High Dividend Selection I dm GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Bruno Lippenssince 11/05/2010
  • Hans Peter Portnersince 11/05/2010
  • Louis Veilleuxsince 11/05/2010
  • Karen Kharmandariansince 11/05/2010
  • Piotr Stopinskisince 12/12/2011
Fund objective
Based on a bottom up approach the investment team selects stocks with a focus on their ability to sustainably distribute high dividends. The sub-fund will be mainly invested in shares and similar securities (including structured products) of companies from which high or higher dividends than those of their reference market, are expected.
Benchmark
  • MSCI World
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
19.9%
1 Year rank in sector
-
Sector
FO Equity - International
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.
0.99%
Fund size
£1,089m (£1,308m 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.
92
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq42.9%
Schroder ISF Gbl Rec36.2%
Dodge & Cox Gbl Stk32.4%
Vanguard Gbl Small-Cap Idx29.8%
Dimensional Gbl Small Cos29.7%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA41.5%
    Others10.5%
    UK9.1%
    Germany8.6%
    Switzerland6%
  • Consumer Staples20.8%
    Health Care14.3%
    Utilities12.4%
    Information Technology9.9%
    Industrials8.7%
  • US Equities41.5%
    International Equities10.5%
    UK Equities9.1%
    German Equities8.6%
    Swiss Equities6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.9%-2%9%19.9%24.7%55.1%
Sector2.6%-0.5%4.3%4.4%15%52.2%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund18.3%2%2%20.5%5%
Sector5.2%0.7%6%21.3%12.7%
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.
6.03
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.
0.52
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.
0.43
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%.
10.76
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.
10.74
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.
0.32
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.
0.21
Price movement
52 week high115.76
52 week low88.31
Current bid price-
Current offer price-
Current mid price106.12
Region
1USA41.51%
2Others10.54%
3UK9.05%
4Germany8.61%
5Switzerland6%
6Australia5.36%
7Canada3.96%
8Netherlands3.85%
9Money Market3.54%
Industry sector
1Consumer Staples20.82%
2Health Care14.27%
3Utilities12.36%
4Information Technology9.87%
5Industrials8.68%
6Telecommunications Utilities7.6%
7Financials5.62%
8Consumer Discretionary4.75%
9Real Estate4.5%
Asset type
1US Equities41.51%
2International Equities10.54%
3UK Equities9.05%
4German Equities8.61%
5Swiss Equities6%
6Australian Equities5.36%
7Canadian Equities3.96%
8Dutch Equities3.85%
9Money Market3.54%
Individual holdings
1INTEL CORP3.98%
2PHILIP MORRIS INTERNATIONAL INC2.94%
3GLAXOSMITHKLINE2.84%
4UNILEVER2.6%
5PFIZER INC2.39%
6NEXTERA ENERGY INC2.32%
7NOVARTIS AG2.3%
8LOCKHEED MARTIN CORP2.13%
9ALTRIA GROUP INC2.05%
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
Based on a bottom up approach the investment team selects stocks with a focus on their ability to sustainably distribute high dividends. The sub-fund will be mainly invested in shares and similar securities (including structured products) of companies from which high or higher dividends than those of their reference market, are expected.
Benchmark
  • MSCI World
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Bruno Lippens11/05/2010Bruno Lippens joined Pictet Asset Management in 2007 and is a Senior Investment Manager in the Sector & Theme Funds team where he manages the ‘Digital Communication’ fund. Before joining Pictet Bruno worked for five years as a Senior Portfolio Manager at Robeco. He began his investment career in 1997 in private banking for ING where he managed individual portfolios and subsequently moved to Banque Dewaay (now known as Puilaetco Dewaay). Bruno holds a Master's degree in Financial Policies and Investment Sciences from EHSAL (European University College Brussels).
Hans Peter Portner11/05/2010Hans Peter Portner joined Pictet Asset Management in 1997 and is Head of the Sector & Theme Funds team. He is a Senior Investment Manager responsible for the ‘Water’ and ‘Utility’ funds. He began his investment career in 1992 with UBS Brinson in Basel as Portfolio Manager for international equities, where he managed single country funds and capital preservation funds. In 1997 he joined Pictet Asset Management in Geneva as Senior Investment Manager for international equities, role he pursued in London from 1999 to 2001. Hans Peter is a Chartered Financial Analyst (CFA) charterholder and holds a Master’s degree in Economics from the University of Bern.
Louis Veilleux11/05/2010Louis Veilleux joined Pictet Asset Management in 2005 and is a Senior Investment Manager. He works as a Sector Specialist for Industry & Transport in the Sector Specialists team. He began his career at Pictet & Cie in Canada in 1998 before moving to Geneva in 2000 to work in the Financial Research Department. Louis holds a Bachelor's degree in Business Administration from Laval University in Canada. He completed his MBA just before receiving his CFA qualification in 2001.
Karen Kharmandarian11/05/2010Karen Kharmandarian joined Pictet Asset Management in 2004 and is a Senior Investment Manager in the Sector & Theme Funds team. Before he assumed his current responsibilities in 2007, Karen worked in Pictet's Fixed Income team as a Senior Credit Analyst and also co-managed the High Yield bond fund. Previously, he was the head of credit research during five years with Ixis Asset Management in Paris and held the same position during three years with Aurel-Leven, also in Paris. He began his investment career in 1994 with Société Générale. Karen holds an Economics degree and a postgraduate diploma in Banking and Finance from the Sorbonne and a business degree from the Institut d'Etudes Politiques (Paris).
Piotr Stopinski12/12/2011Piotr Stopinski joined Pictet Asset Management in 2008 and is a Junior Investment Manager in the Sector & Theme Funds team. He began his career at Pictet Asset Management in London as a Graduate on rotations before moving to Geneva in 2010. Piotr holds a Bachelor's degree in International Business from University of Warwick. He holds the Investment Management Certificate and is a certified Financial Risk Manager (FRM). He is also a Chartered Financial Analyst (CFA) charterholder.
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, Portugal, Singapore, Sweden, Taiwan - Province Of China
Pictet High Dividend Selection HP USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.09%
Bid price-
Offer price-
Mid price190.83
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNWZ
Pictet High Dividend Selection HP dm AUD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price160.78
CurrencyAUD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFAQL
Pictet High Dividend Selection HP dm GBP
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.21
CurrencyGBP
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFSVR
Pictet High Dividend Selection HP dm HKD
Initial charge5%
Annual charge1.6%
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 price1154.73
CurrencyHKD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFAQM
Pictet High Dividend Selection HP dm USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.08%
Bid price-
Offer price-
Mid price174.14
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFNXA
Pictet High Dividend Selection HR USD
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.75%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price184.11
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNEP
Pictet High Dividend Selection HR dm AUD
Initial charge5%
Annual charge2.3%
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 price160.58
CurrencyAUD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFEDL
Pictet High Dividend Selection HR dm USD
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.75%
Total expense ratio (TER)2.8%
Bid price-
Offer price-
Mid price167.8
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFNEQ
Pictet High Dividend Selection HR dm ZAR
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.74%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price1610.73
CurrencyZAR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFFEB
Pictet High Dividend Selection I CHF
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price173.11
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCNN
Pictet High Dividend Selection I EUR
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price159.64
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIZS2
Pictet High Dividend Selection I USD
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price171.22
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIZS3
Pictet High Dividend Selection I dm GBP
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price106.12
CurrencyGBP
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIZS4
Pictet High Dividend Selection I dm USD
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price154.05
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC3Z
Pictet High Dividend Selection I dy CHF
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price161.57
CurrencyCHF
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC3S
Pictet High Dividend Selection I dy EUR
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price149.76
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC3R
Pictet High Dividend Selection P CHF
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)1.96%
Bid price-
Offer price-
Mid price164.18
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIZS5
Pictet High Dividend Selection P 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)1.96%
Bid price-
Offer price-
Mid price151.4
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIZS6
Pictet High Dividend Selection P SGD
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)1.97%
Bid price-
Offer price-
Mid price230.91
CurrencySGD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6J2
Pictet High Dividend Selection P USD
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)1.96%
Bid price-
Offer price-
Mid price162.39
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIZS7
Pictet High Dividend Selection P 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)1.96%
Bid price-
Offer price-
Mid price120.22
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMCF4
Pictet High Dividend Selection P dm GBP
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price101.31
CurrencyGBP
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIZS8
Pictet High Dividend Selection P dm SGD
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)1.96%
Bid price-
Offer price-
Mid price184.12
CurrencySGD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN6J3
Pictet High Dividend Selection P dm USD
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)1.96%
Bid price-
Offer price-
Mid price125.28
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIZS9
Pictet High Dividend Selection P dy CHF
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)1.96%
Bid price-
Offer price-
Mid price133.27
CurrencyCHF
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIZT0
Pictet High Dividend Selection P dy 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)1.96%
Bid price-
Offer price-
Mid price122.73
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIZT1
Pictet High Dividend Selection R EUR
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.69%
Total expense ratio (TER)2.66%
Bid price-
Offer price-
Mid price144.79
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIZT2
Pictet High Dividend Selection R USD
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.69%
Total expense ratio (TER)2.67%
Bid price-
Offer price-
Mid price155.29
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIZT3
Pictet High Dividend Selection R dm EUR
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.69%
Total expense ratio (TER)2.66%
Bid price-
Offer price-
Mid price110.99
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIZT4
Pictet High Dividend Selection R dm USD
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.69%
Total expense ratio (TER)2.67%
Bid price-
Offer price-
Mid price119.04
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIZT5
Pictet High Dividend Selection Z EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.14%
Total expense ratio (TER)0.12%
Bid price-
Offer price-
Mid price168.84
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOLC
Data provided by

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