Fact sheet: Pictet Japanese Eq Sel

Fund information
Fund name
Pictet Japanese Equity Selection R EUR
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Takeshi Suzukisince 11/05/2011
  • Serena Robinsonsince 30/06/2000
  • Go Shiinasince 11/05/2011
  • Adrian Hickeysince 30/09/2006
  • Sam Perrysince 24/03/2009
Fund objective
The sub-fund seeks capital growth by investing at least two-thirds of its assets in a diversified portfolio of the shares of companies whose main business and/or registered office is in Japan. The portfolio will comprise a limited selection of securities deemed by the manager to offer the best prospects.
Benchmark
  • MSCI Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
4.7%
1 Year rank in sector
37/109
Sector
FO Equity - Japan
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.
2.1%
Fund size
£38,108m (£61,174m 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.
168
Top in this sector
Fund name1 Year
Eastspring Inv JapFdVal34.6%
GAM Star Jap Eq32.3%
Lindsell Train Japnse Eq30%
Russell IC Japan Equity28.1%
JOHCM Japan27%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan99.6%
    Money Market0.4%
  • Consumer Discretionary26.7%
    Financials13.4%
    Materials12.8%
    Industrials12.2%
    Information Technology12.2%
  • Japanese Equities99.6%
    Money Market0.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.5%7.4%14.7%4.7%38.1%74.7%
Sector5%8.3%11.2%2.4%25.1%92.6%
Rank within sector58 / 11766 / 11739 / 11637 / 10922 / 9161 / 84
Quartile2nd3rd2nd2nd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund6%18.3%8.2%19.7%6%
Sector3.4%11.8%4.1%43.2%13.9%
Rank within sector34 / 11020 / 10128 / 9183 / 8865 / 83
Quartile2nd1st2nd4th4th
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.
2.72
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.
1.14
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.
0.38
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%.
17.51
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.
7.93
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.
0.4
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.
0.8
Price movement
52 week high102.67
52 week low74.76
Current bid price-
Current offer price-
Current mid price102.67
Region
1Japan99.63%
2Money Market0.37%
Industry sector
1Consumer Discretionary26.72%
2Financials13.39%
3Materials12.77%
4Industrials12.21%
5Information Technology12.21%
6Real Estate6.68%
7Telecommunications Utilities5.49%
8Health Care5.24%
9Consumer Staples4.45%
Asset type
1Japanese Equities99.63%
2Money Market0.37%
Individual holdings
1MITSUBISHI UFJ FINANCIAL GROUP3.97%
2SUMITOMO MITSUI FINANCIAL GROUP INC3.45%
3TOYOTA MOTOR CORP2.93%
4ORIX CORP2.83%
5MITSUI & CO2.6%
6SEKISUI HOUSE2.38%
7TOKIO MARINE HLDGS INC2.31%
8SHIN-ETSU CHEMICAL CO2.23%
9BRIDGESTONE CORP2.22%
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 assets in a diversified portfolio of the shares of companies whose main business and/or registered office is in Japan. The portfolio will comprise a limited selection of securities deemed by the manager to offer the best prospects.
Benchmark
  • MSCI Japan
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Takeshi Suzuki11/05/2011Takeshi Suzuki joined Pictet Asset Management (Japan) Ltd. as a Senior Investment Analyst in 2001. He became an Investment Manager in 2003, specialising in the electric machinery, machinery, communications, precision instruments and service sectors. He is also responsible for managing major Japanese equity mutual funds including the Yamato, the flagship fund of Pictet in Japan and the Japanese equity part of the World Water Fund. He began his investme nt career in 1987, joining Okasan Securities as an institutional salesman, later becoming an analyst in the research department. Takeshi graduated with a BA in Economics from Rikkyo University. He is a Chartered Financial Analyst (CFA) charter holder and a Chartered Member of the Security Analysts Association of Japan (CMA).
Serena Robinson30/06/2000Serena Robinson joined Pictet Asset Management in July 2000. She is an Investment Manager specialising in Japanese equities in the Regional Equities team. She began her finance career at INVESCO in 1999. Serena graduated from Trinity College Dublin with a BA in Economics & Business Studies and has a First Class Masters degree in Business Studies from University College Dublin. She is a Chartered Financial Analyst (CFA) charterholder.
Go Shiina11/05/2011Go Shiina joined Pictet Asset Management (Japan) Ltd. in 2009, as a Senior Investment Analyst, where he is responsible for research on Japanese equities. Before joining Pictet, he spent ten years at Goldman Sachs Asset Management as a portfolio manager. He began his career in 1997 as an analyst at Dai-Ichi Kangyo Bank. Go graduated with a BA in Economics and Finance from the University of Tokyo. He is also a Chartered Member of the Security Analysts Association of Japan.
Adrian Hickey30/09/2006Adrian Hickey joined Pictet Asset Management in 2006 and is a Senior Investment Manager in the Regional Equities team, specialising in Japanese Equities. Throughout his investment career Adrian has concentrated on Japanese equity fund management since joining Scottish Equitable in Edinburgh in 1991. After Scottish Equitable he spent four years in Tokyo with Commerz International Capital Management before returning to the UK, where he subsequently worked for Edinburgh Fund Managers and Shell Pensions. Adrian's most recent position before joining Pictet was Director, Japanese Equities, with Foreign & Colonial in London. Adrian graduated with a BA (Hons) in Economics and Economic History from the University of Birmingham and holds an MA in Philosophy from Lancaster University.
Sam Perry24/03/2009Sam Perry joined Pictet Asset Management in 1997 and is a Senior Investment Manager in the Regional Equities team specialising in Japanese equities. Historically his expertise lies particularly in the Japanese and Far East markets but he has followed both developed and emerging markets globally. Sam graduated from the University of Oxford with a first class degree in Philosophy and Psychology. He later gained a Doctorate in Experimental Cognitive Psychology, also at Oxford University.
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, Taiwan - Province Of China
Pictet Japanese Equity Selection HI EUR
Initial charge5%
Annual charge0.6%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price77.63
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB8Y7
Pictet Japanese Equity Selection HI GBP
Initial charge5%
Annual charge0.6%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price75.25
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPMG
Pictet Japanese Equity Selection HI USD
Initial charge5%
Annual charge0.6%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price101.57
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF6NB
Pictet Japanese Equity Selection HP EUR
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price87.8
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ599
Pictet Japanese Equity Selection HP USD
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.04
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUUX
Pictet Japanese Equity Selection HR EUR
Initial charge5%
Annual charge1.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price82.1
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ598
Pictet Japanese Equity Selection I EUR
Initial charge5%
Annual charge0.6%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price118.1
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQ597
Pictet Japanese Equity Selection I GBP
Initial charge5%
Annual charge0.6%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price100.37
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPMH
Pictet Japanese Equity Selection I JPY
Initial charge5%
Annual charge0.6%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price14450.57
CurrencyJPY
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXV29
Pictet Japanese Equity Selection P EUR
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)1.58%
Bid price-
Offer price-
Mid price109.79
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ596
Pictet Japanese Equity Selection P JPY
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)1.58%
Bid price-
Offer price-
Mid price13433.99
CurrencyJPY
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeP780
Pictet Japanese Equity Selection P dy GBP
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price91.64
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCHP2
Pictet Japanese Equity Selection P dy JPY
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)1.58%
Bid price-
Offer price-
Mid price13157.62
CurrencyJPY
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA1H4
Pictet Japanese Equity Selection R EUR
Initial charge5%
Annual charge1.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)2.08%
Bid price-
Offer price-
Mid price102.67
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ595
Pictet Japanese Equity Selection R JPY
Initial charge5%
Annual charge1.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.09%
Total expense ratio (TER)2.08%
Bid price-
Offer price-
Mid price12564.54
CurrencyJPY
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeP781
Pictet Japanese Equity Selection Z JPY
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)0.23%
Bid price-
Offer price-
Mid price15566.14
CurrencyJPY
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOIC
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