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
  • 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
33.6%
1 Year rank in sector
25/108
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
£36,403m (£63,302m 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.
163
Top in this sector
Fund name1 Year
DSBI Lux SICAV DSBIJpnEqFdtlAct55.5%
Eastspring Inv JapFdVal52.6%
Pictet Japanese Equity Opp48%
GAM Star Jap Eq45.7%
Capital Group JEqL45.6%
...more in FO Equity - Japan

Performance snapshot

Holdings snapshot

  • Japan99.5%
    Money Market0.5%
  • Consumer Discretionary23.1%
    Industrials15.4%
    Information Technology14%
    Materials11.4%
    Financials10.9%
  • Japanese Equities99.5%
    Money Market0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.9%8.2%16.7%33.6%53.7%69.3%
Sector0.8%7.7%14.4%26.6%35.8%89.7%
Rank within sector13 / 11746 / 11552 / 11425 / 10816 / 9263 / 84
Quartile1st2nd2nd1st1st3rd
Calendar performance
 YTD - 20172016201520142013
Fund5.3%6.5%18.3%8.2%19.7%
Sector3.2%4.5%11.8%4.1%43.2%
Rank within sector13 / 11729 / 10619 / 9830 / 9283 / 88
Quartile1st2nd1st2nd4th
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.
2.27
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.
1.16
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.
0.54
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%.
17.31
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.
7.76
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.
0.43
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.
0.81
Price movement
52 week high108.68
52 week low80.71
Current bid price-
Current offer price-
Current mid price108.68
Region
1Japan99.5%
2Money Market0.5%
Industry sector
1Consumer Discretionary23.1%
2Industrials15.4%
3Information Technology14%
4Materials11.4%
5Financials10.9%
6Real Estate6.4%
7Telecommunications Utilities6.2%
8Consumer Staples6.1%
9Health Care6%
Asset type
1Japanese Equities99.5%
2Money Market0.5%
Individual holdings
1TOYOTA MOTOR CORP5.6%
2MITSUBISHI UFJ FINANCIAL GROUP3.3%
3SUMITOMO MITSUI FINANCIAL GROUP INC3.2%
4Recruit Holdings Co Ltd ORD2.7%
5BRIDGESTONE CORP2.6%
6HITACHI METALS2.4%
7HOYA CORP2.4%
8MITSUBISHI ELECTRIC CORP2.4%
9NIDEC COPAL2.4%
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.
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 price81.2
CurrencyEUR
Price updated16/02/2017
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 price78.78
CurrencyGBP
Price updated16/02/2017
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 price106.56
CurrencyUSD
Price updated16/02/2017
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 price91.73
CurrencyEUR
Price updated16/02/2017
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 price111.12
CurrencyUSD
Price updated16/02/2017
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 price85.7
CurrencyEUR
Price updated16/02/2017
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 price125.28
CurrencyEUR
Price updated16/02/2017
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 price106.44
CurrencyGBP
Price updated16/02/2017
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 price15135.51
CurrencyJPY
Price updated16/02/2017
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 price116.33
CurrencyEUR
Price updated16/02/2017
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 price14054.57
CurrencyJPY
Price updated16/02/2017
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 price97.08
CurrencyGBP
Price updated16/02/2017
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 price13765.44
CurrencyJPY
Price updated16/02/2017
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 price108.68
CurrencyEUR
Price updated16/02/2017
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 price13132.37
CurrencyJPY
Price updated16/02/2017
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 price16325.07
CurrencyJPY
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOIC
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