Fact sheet: Pictet Piclife

Fund information
Fund name
Pictet Piclife R CHF
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Muriel Bisesince 25/04/2013
  • Eric Rossetsince 25/04/2013
Fund objective
The sub-fund seeks capital growth by investing at least two-thirds of its total assets in a balanced portfolio comprising equities and fixed-income investments worldwide. The allocation of approximately 40% equities and 60% bonds is loosely based on the investment policy applicable to Swiss pension funds.
Benchmark
  • Pictet LPP 2000/LPP-40
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
-2.1%
1 Year rank in sector
111/134
Sector
FO Mixed Asset - Balanced
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.
1.37%
Fund size
£108m (£96m 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.
70
Top in this sector
Fund name1 Year
Templeton Emg Mkts Bal28.1%
Capital Group EMTOpL22.6%
HSBC Pfl World Seltn 321.3%
Morg Stnly Gbl Bal Inc18.1%
Oasis Crs Gbl Low EqBal18.1%
...more in FO Mixed Asset - Balanced

Performance snapshot

Holdings snapshot

  • Switzerland54.3%
    International45.1%
    Money Market0.6%
  • Fixed Interest56.7%
    Equities42.7%
    Money Market0.6%
  • Global Fixed Interest54.7%
    International Equities26.4%
    Swiss Equities16.3%
    Alternative Investment Strategies2%
    Money Market0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%-2%-0.4%-2.1%7.3%26.2%
Sector-1%-1.1%2.6%1.2%7.9%24.3%
Rank within sector32 / 14392 / 143120 / 136111 / 13466 / 11445 / 89
Quartile1st3rd4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.6%-1.3%8.2%7.2%8.1%
Sector3.1%-0.3%4.7%7.5%7.6%
Rank within sector102 / 13375 / 12427 / 11366 / 10257 / 88
Quartile4th3rd1st3rd3rd
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.
0.98
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.
0.57
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
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%.
5.66
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.
5.24
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.
-0.05
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.
0.31
Price movement
52 week high968.74
52 week low896.44
Current bid price-
Current offer price-
Current mid price947.61
Region
1Switzerland54.3%
2International45.1%
3Money Market0.6%
Industry sector
1Fixed Interest56.7%
2Equities42.7%
3Money Market0.6%
Asset type
1Global Fixed Interest54.7%
2International Equities26.4%
3Swiss Equities16.3%
4Alternative Investment Strategies2%
5Money Market0.6%
Individual holdings
1NESTLE SA2.67%
2NOVARTIS AG2.02%
3ROCHE HLDG AG1.89%
4ABB LTD0.73%
5UBS AG0.67%
6SYNGENTA AG0.51%
7SONOVA HLDGS AG0.48%
8CEMBRA MONEY BANK AG0.45%
9ZURICH INSURANCE GROUP LTD0.43%
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 balanced portfolio comprising equities and fixed-income investments worldwide. The allocation of approximately 40% equities and 60% bonds is loosely based on the investment policy applicable to Swiss pension funds.
Benchmark
  • Pictet LPP 2000/LPP-40
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Muriel Bise25/04/2013Ms. Muriel Bise is a Portfolio Manager at MM. Pictet & Cie, Conseillers en Investissement. She also serves as a Portfolio Manager at Pictet Strategy Fund - Global Strategy (CHF).
Eric Rosset25/04/2013Eric Rosset joined Pictet & Cie in 1995 and is Head of the Balanced team, Geneva. Before joining Pictet as a Fund Manager in the institutional clients division, he worked at the Société de Banque Suisse in Geneva for six years as a Fund Manager. Eric holds a BA in Commercial and Industrial Science from the University of Geneva and later earned the CFPI degree. Eric is also a member of the Asset Allocation Committee.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Liechtenstein, Luxembourg, Netherlands, Offshore, Portugal, Singapore, Sweden
Pictet Piclife I CHF
Initial charge5%
Annual charge0.35%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price987.44
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFC3X
Pictet Piclife P CHF
Initial charge5%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.97%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price977.21
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePW55
Pictet Piclife R CHF
Initial charge5%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price947.61
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEQN4
Pictet Piclife S CHF
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price1031.86
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDEP3
Data provided by

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