Fact sheet: Pictet ShortTm MnyMkt $

Fund information
Fund name
Pictet Short-Term Money Market USD R
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund manager
  • Jean Braunsince 30/09/2007
Fund objective
The objective of the sub-fund is to offer investors a high degree of capital protection by investing primarily in top-quality, short-term bonds and money market instruments denominated in USD. Investments not denominated in USD will generally be hedged.
Benchmark
  • Citigroup USD 1 Month Euro Deposit
Investment style
None
Investment method
Short Dated Bonds
Quick stats
1 Year return
0.6%
1 Year rank in sector
7/56
Sector
FO Currency - US Dollar
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.
0.43%
Fund size
£4,079m (£2,754m 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.
73
Top in this sector
Fund name1 Year
BlackRock ICSInt$UlStBd1%
Amundi Cash USD0.8%
CMI US Dollar Currency Reserve0.8%
Hume Caut MA $0.7%
Dimensional One Year Fxd Inc Pfl0.7%
...more in FO Currency - US Dollar

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Cash - 30 to 90 Days34.1%
    Cash - 0 to 30 Days20.5%
    Cash - 90 to 180 Days19.4%
    Cash - 180 to 365 Days18.5%
    Money market7.6%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.2%0.3%0.6%0.7%1%
Sector0.1%0.1%0.2%0.4%0.4%0.7%
Rank within sector15 / 597 / 597 / 587 / 569 / 5010 / 47
Quartile2nd1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund0.6%0.1%-0%-0.3%
Sector0.3%0.1%-0%-0.1%0.4%
Rank within sector9 / 567 / 5343 / 5033 / 4912 / 47
Quartile1st1st4th3rd2nd
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.
0.1
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.
0.76
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%.
0.1
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.
0.08
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.
0.86
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.
0.38
Price movement
52 week high129.91
52 week low129.09
Current bid price-
Current offer price-
Current mid price129.91
Region
1Money Market100%
Industry sector
1Cash - 30 to 90 Days34.14%
2Cash - 0 to 30 Days20.47%
3Cash - 90 to 180 Days19.37%
4Cash - 180 to 365 Days18.46%
5Money market7.56%
Asset type
1Money Market100%
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 sub-fund is to offer investors a high degree of capital protection by investing primarily in top-quality, short-term bonds and money market instruments denominated in USD. Investments not denominated in USD will generally be hedged.
Benchmark
  • Citigroup USD 1 Month Euro Deposit
Investment style
None
Investment method
Short Dated Bonds
Fund manager
NameSinceBiography
Jean Braun30/09/2007Jean Braun joined Pictet Asset Management's Fixed Income team in 2006 as a Senior Investment Manager focusing on money market management. Before joining Pictet, he worked for AXA Investment Managers in Paris, where he was deputy head of the money market team. He was in charge of the forex activities, including trading and hedging strategies, as well as non-European money market portfolios. Jean has more than 20 years of professional experience that includes working at Barclays Capital and the Credit Lyonnais and BNP Paribas Groups. Jean is a graduate from the Ecole Supérieure de Sciences Economiques et Commerciales (ESSEC) in Paris.
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, Chile, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Italy, Liechtenstein, Luxembourg, Netherlands, Offshore, Peru, Portugal, Singapore, Sweden
Pictet Short-Term Money Market USD I
Initial charge5%
Annual charge0.08%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price136.3613
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePE27
Pictet Short-Term Money Market USD P
Initial charge5%
Annual charge0.16%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price133.7831
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePU57
Pictet Short-Term Money Market USD P DY
Initial charge5%
Annual charge0.16%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price84.0027
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePU58
Pictet Short-Term Money Market USD R
Initial charge5%
Annual charge0.32%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)0.42%
Bid price-
Offer price-
Mid price129.9132
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePE30
Pictet Short-Term Money Market USD Z
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.04%
Total expense ratio (TER)0.05%
Bid price-
Offer price-
Mid price137.6535
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDSU3
Data provided by

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