Fact sheet: Pictet Scv II Dyn Ass Alloc

Fund information
Fund name
Pictet Sicav II - Dynamic Asset Allocation Z
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Andrew Colesince 09/12/2014
  • Shaniel Ramjeesince 09/12/2014
  • Percival Stanionsince 09/12/2014
Fund objective
The objective of the Compartment is to provide investors with an absolute positive return superior to that of its benchmark index, the British pound sterling (GBP) LIBOR - 3 months
Benchmark
  • ICE LIBOR GBP 3 Months
Investment style
Absolute Return,Flexible
Investment method
None
Quick stats
1 Year return
14.2%
1 Year rank in sector
6/136
Sector
FO Absolute Return
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.
0.22%
Fund size
£489m
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.
43
Top in this sector
Fund name1 Year
SW Mitchell Emerging European28%
Polar Capital UK Abs Eq21.8%
F&C Ml Strat Gbl Eq17.7%
SWMC European17.4%
SWMC UK15.2%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%1.5%3.6%14.2%--
Sector0.2%1.1%1.3%2.7%3.1%8.4%
Rank within sector94 / 14949 / 14726 / 1416 / 136--
Quartile3rd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund1.5%11.8%3.1%--
Sector1.1%0.7%0.7%1.2%3.6%
Rank within sector47 / 1483 / 13127 / 115--
Quartile2nd1st1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high117.9
52 week low101.6
Current bid price-
Current offer price-
Current mid price116.92
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
The objective of the Compartment is to provide investors with an absolute positive return superior to that of its benchmark index, the British pound sterling (GBP) LIBOR - 3 months
Benchmark
  • ICE LIBOR GBP 3 Months
Investment style
Absolute Return,Flexible
Investment method
None
Fund managers
NameSinceBiography
Andrew Cole09/12/2014Andrew Cole joined Pictet in 2014. He is a Senior Investment Manager with the International Multi Asset & Strategy team. Before joining Pictet, Andrew worked for 17 years at Baring Asset Management, first as a global fixed income portfolio manager and then as a multi asset portfolio manager. He previously worked at Barlow Clowes and Partners as a passive gilt fund manager. Andrew started his career in 1979 with Montague Loeble Stanley as a UK stockbroker dealing in gilt-edged securities.
Shaniel Ramjee09/12/2014Shaniel Ramjee joined Pictet in 2014 and is a Senior Investment Manager in the International Multi Asset & Stategy team. Before joining Pictet, Shaniel worked at Baring Asset Management for seven years as an Investment Manager with responsability for multi asset portfolios. Shaniel holds an Master's in Finance from the University of St. Andrews. He is also a Chartered Financial Analyst (CFA) charterholder.
Percival Stanion09/12/2014Percival Stanion joined Pictet in 2014 as Head of Multi Asset. Before joining Pictet, Percival spent 13 years at Baring Asset Management as Head of Multi Assets. He previously worked at BNP Paribas Asset Management as Head of Asset Allocation for three years, and at Pictet Asset Management during six years with responsibility for global diversified accounts. Prior to this, Percival held equity portfolio management roles with Invesco and National Provident Institution. He started his career in 1980 as a research analyst covering UK building materials and contracting sectors. Percival holds an Master's in Philosophy, Politics and Economics (PPE) from Pembroke College, Oxford University.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore
Pictet Sicav II - Dynamic Asset Allocation EB
Initial charge-
Annual charge0.28%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.98
CurrencyGBP
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFUVN
Pictet Sicav II - Dynamic Asset Allocation HEB USD
Initial charge-
Annual charge0.27%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.4222
CurrencyUSD
Price updated26/07/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2OM
Pictet Sicav II - Dynamic Asset Allocation I
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price115.38
CurrencyGBP
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPSM
Pictet Sicav II - Dynamic Asset Allocation Z
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)0.07%
Bid price-
Offer price-
Mid price116.92
CurrencyGBP
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPSN
Data provided by

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