Fact sheet: Pictet ShortTm MnyMkt EUR

Fund information
Fund name
Pictet Short-Term Money Market EUR R
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund manager
  • Philippe Billotsince 29/09/2006
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 EUR. Investments not denominated in EUR will generally be hedged.
Benchmark
  • Citigroup EUR 1 Month Euro Deposit
Investment style
None
Investment method
Short Dated Bonds
Quick stats
1 Year return
-0.5%
1 Year rank in sector
45/56
Sector
FO Currency - Euro
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.
0.37%
Fund size
£2,503m (£1,911m 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.
67
Top in this sector
Fund name1 Year
Carmignac PtfCapCbe3%
Amundi Abs Euro Taux Court1.4%
BNP Paribas Sht Tm Eurpn Secrtn1.1%
Petercam L Liq EUR&FRN0.7%
SG Pvt Bank Accent Euro Cash0.5%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.1%-0.3%-0.5%-0.9%-1.1%
Sector-0.1%-0.2%-0.3%-0.4%-0.3%0%
Rank within sector43 / 5845 / 5846 / 5745 / 5644 / 5337 / 44
Quartile3rd4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-0.4%-0.3%-0.2%-0.3%0%
Sector-0.4%-0.1%0.1%0%0.3%
Rank within sector45 / 5644 / 5347 / 5244 / 4832 / 43
Quartile4th4th4th4th3rd
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.
-0.28
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.
0.2
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%.
0.05
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.
0.11
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.
-1.82
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.
0.34
Price movement
52 week high133.45
52 week low132.84
Current bid price-
Current offer price-
Current mid price132.84
Region
1Money Market100%
Industry sector
1Money Market100%
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 EUR. Investments not denominated in EUR will generally be hedged.
Benchmark
  • Citigroup EUR 1 Month Euro Deposit
Investment style
None
Investment method
Short Dated Bonds
Fund manager
NameSinceBiography
Philippe Billot29/09/2006Philippe Billot joined Pictet Asset Management in 2006 as Head of Money Markets in the Fixed Income team. Before joining Pictet, he worked at AXA SA as Head of the Treasury Department and then at AXA Investment Managers as Head of Money Markets and Treasury where he spent a total of 14 years. Previously he worked as a Manager of Financial Market Management at Crédit National. Philippe graduated with a degree in Finance and Marketing from the HEC (Ecole des Hautes Etudes Commerciales) in Paris. He is a member of the STEP (Short Term European Paper) Market 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, Chile, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Italy, Liechtenstein, Luxembourg, Netherlands, Offshore, Peru, Portugal, Singapore, Sweden
Pictet Short-Term Money Market EUR I
Initial charge5%
Annual charge0.05%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.17%
Bid price-
Offer price-
Mid price140.1174
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXV96
Pictet Short-Term Money Market EUR P
Initial charge5%
Annual charge0.13%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.24%
Total expense ratio (TER)0.29%
Bid price-
Offer price-
Mid price137.1456
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXV97
Pictet Short-Term Money Market EUR P DY
Initial charge5%
Annual charge0.13%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.23%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price94.2433
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXV98
Pictet Short-Term Money Market EUR R
Initial charge5%
Annual charge0.26%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.37%
Total expense ratio (TER)0.51%
Bid price-
Offer price-
Mid price132.837
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePX12
Pictet Short-Term Money Market EUR 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 price141.3478
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDSU4
Data provided by

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