Fact sheet: Pictet Premium Brands

Fund information
Fund name
Pictet Premium Brands I dy GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Laurent Bellonisince 30/04/2006
  • Alice De Lamazesince 30/06/2011
  • Caroline Reylsince 31/05/2005
Fund objective
The sub-fund seeks capital growth by investing at least two-thirds of its total assets in the shares of companies in the premium brands sector providing high-quality services & products. The investment universe will not be restricted to any particular region.
Benchmark
  • MSCI World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
8.2%
1 Year rank in sector
-
Sector
FO Equity - Other Specialist
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
£474m (£747m 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.
107
Top in this sector
Fund name1 Year
Fidelity Global Indus41.7%
Franklin Glbl List Inf25.9%
AMP Cap Gbl Lis Infr18%
Fidelity Gbl Csmr Inds15.8%
JB EF Luxury Brands13.3%
...more in FO Equity - Other Specialist

Performance snapshot

Holdings snapshot

  • USA45.5%
    France24.7%
    UK6.3%
    Italy5.6%
    Australia4.6%
  • Luxury Goods32.3%
    Food, Beverages and Tobacco25.3%
    Travel16.4%
    Consumer Durables10.6%
    Consumer Goods6.4%
  • US Equities45.5%
    French Equities24.7%
    UK Equities6.3%
    Italian Equities5.6%
    Australian Equities4.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%1%11.9%8.2%6.5%47.6%
Sector-0.3%-4.5%0.9%1.9%10.7%33.4%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund8.4%-3.4%-0.1%24.7%18%
Sector2.5%-1.9%8.4%11%10.7%
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.
-0.79
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.
0.8
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%.
11.85
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.
9.51
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.
-0.19
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.
0.37
Price movement
52 week high128.07
52 week low101.15
Current bid price-
Current offer price-
Current mid price119.35
Region
1USA45.52%
2France24.73%
3UK6.29%
4Italy5.64%
5Australia4.58%
6Switzerland3.19%
7Spain2.52%
8Germany2.11%
9Finland1.47%
Industry sector
1Luxury Goods32.25%
2Food, Beverages and Tobacco25.25%
3Travel16.43%
4Consumer Durables10.59%
5Consumer Goods6.39%
6Health Care4.51%
7Transport3.33%
8Money Market1.26%
Asset type
1US Equities45.52%
2French Equities24.73%
3UK Equities6.29%
4Italian Equities5.64%
5Australian Equities4.58%
6Swiss Equities3.19%
7Spanish Equities2.52%
8German Equities2.11%
9Finnish Equities1.47%
Individual holdings
1LVMH MOET HENNESSY VUITTON SE7.12%
2DIAGEO6.29%
3NIKE INC5.49%
4PVH CORP4.07%
5CONSTELLATION BRANDS INC4%
6ROYAL CARIBBEAN CRUISES3.97%
7ESTEE LAUDER COMPANIES INC3.84%
8LAS VEGAS SANDS CORP3.04%
9PERNOD-RICARD3.04%
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 the shares of companies in the premium brands sector providing high-quality services & products. The investment universe will not be restricted to any particular region.
Benchmark
  • MSCI World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Laurent Belloni30/04/2006Laurent Belloni joined Pictet Asset Management in 2005 and is an Investment Manager in the Sector & Theme Funds team. He manages the ‘Premium Brands’ fund. He began his career at Pictet & Cie's Financial Research Department in 2001 as an Equity Buy-Side Analyst for Consumer Staples and Consumer Goods. Laurent graduated from the University of Geneva with a BA degree in Finance.
Alice De Lamaze30/06/2011Alice de Lamaze joined Pictet Asset Management in 2008 as a Pictet Sector Team (PST) buy-side Consumer Discretionary Analyst. Currently, she is a co-manager of the Premium Brands fund. In terms of coverage, she is responsible for cosmetics, health and wellness and sports companies within the Premium Brands Team. She began her career at Blackrock Merill Lynch Investment Managers in London in 2001, as an Equity Buy-Side Analyst for HPC, Luxury, General Retail notably, and as Portfolio Manager of MLIIF European Fund. Alice holds a Specialized Master in Finance and Treasury from Ecole Supérieure de Commerce de Paris. Alice is a Chartered Financial Analyst (CFA) charterholder.
Caroline Reyl31/05/2005Caroline Reyl joined Pictet Asset Management in 2002 and is a Senior Investment Manager in the Sector & Theme Funds team. She manages the ‘Premium Brands’ fund. She began her career in 1994 at Lehman Brothers’ corporate finance division where she worked as an analyst in New York and London for three years. In 1997, she became a Fund Manager at GLG Partners, a hedge fund management company, at the time part of Lehman Brothers. She managed two long-only European funds and helped select long-short investments. Caroline graduated in Finance and Economics from the Institut d’Etudes Politiques in Paris and holds a DESS (French Master’s Degree) in Finance from Dauphine 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, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Ireland, Italy, Liechtenstein, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Pictet Premium Brands HI CHF
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)1.25%
Bid price-
Offer price-
Mid price171.06
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFC8Y
Pictet Premium Brands HI dy USD
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price173.32
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFQVI
Pictet Premium Brands HP CHF
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price147.92
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF32O
Pictet Premium Brands HP SGD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price218.89
CurrencySGD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08TS
Pictet Premium Brands HP USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price167.42
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLSZ1
Pictet Premium Brands HR USD
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.77%
Total expense ratio (TER)2.75%
Bid price-
Offer price-
Mid price150.71
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLSZ2
Pictet Premium Brands 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)1.2%
Bid price-
Offer price-
Mid price142.21
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTT98
Pictet Premium Brands 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)1.2%
Bid price-
Offer price-
Mid price152.52
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC3N7
Pictet Premium Brands I dy EUR
Initial charge5%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price141.73
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC5K
Pictet Premium Brands 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)1.2%
Bid price-
Offer price-
Mid price119.35
CurrencyGBP
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGLO0
Pictet Premium Brands P EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price125.42
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTT54
Pictet Premium Brands P USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price134.51
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC3N8
Pictet Premium Brands P dy EUR
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price125.34
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA1H2
Pictet Premium Brands P dy GBP
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price105.81
CurrencyGBP
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBYR5
Pictet Premium Brands R EUR
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.72%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price112.92
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTT55
Pictet Premium Brands R USD
Initial charge5%
Annual charge2.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.72%
Total expense ratio (TER)2.7%
Bid price-
Offer price-
Mid price121.1
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDEP4
Pictet Premium Brands Z EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price149.77
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFW5I
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