Fact sheet: Pictet USA Index

Fund information
Fund name
Pictet USA Index I NAV GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • David Billauxsince 01/01/2012
  • Stephane Cornetsince 05/11/1999
Fund objective
The compartment aims for the full and completephysical replication of the S&P 500 Index (hereinafterthe ?Benchmark Index?). It aims to achieve its investmentobjective by investing in a portfolio of transferablesecurities or other admissible assets comprisingall (or, on an exceptional basis, a substantial number)of the components of the index concerned.
Benchmark
  • S & P 500 Composite
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Quick stats
1 Year return
26.6%
1 Year rank in sector
8/208
Sector
FO Equity - USA
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.
0.34%
Fund size
£3,322m (£3,226m 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
Dodge & Cox US Stk39.8%
Hermes US SMID Equity33.3%
Oyster US Selection33.1%
GAM Star Gamco US Eq31.9%
T. Rowe Price USLgeCapValEq31%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA99.9%
    Money Market0.1%
  • Information Technology21.6%
    Health Care14%
    Financials13.3%
    Consumer Discretionary12.2%
    Consumer Staples10%
  • US Equities99.9%
    Money Market0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.3%6%20.5%26.6%64.2%130.5%
Sector5.6%1.4%4.8%5.6%19.7%67.4%
Rank within sector149 / 22030 / 21910 / 2148 / 2084 / 1777 / 147
Quartile3rd1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund26.3%6.2%19.8%29%9.8%
Sector6.5%-1.6%10.7%31.8%10.2%
Rank within sector10 / 21029 / 19316 / 178121 / 162116 / 149
Quartile1st1st1st3rd4th
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.
15.08
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.
0.51
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.
1.47
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%.
10.07
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.
10.14
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.
1.14
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 high158.96
52 week low112.17
Current bid price-
Current offer price-
Current mid price154.87
Region
1USA99.9%
2Money Market0.1%
Industry sector
1Information Technology21.61%
2Health Care13.96%
3Financials13.29%
4Consumer Discretionary12.23%
5Consumer Staples10.04%
6Industrials9.96%
7Energy7.19%
8Utilities3.37%
9Real Estate2.95%
Asset type
1US Equities99.9%
2Money Market0.1%
Individual holdings
1APPLE INC3.29%
2MICROSOFT CORP2.51%
3EXXON MOBIL CORP1.86%
4JOHNSON & JOHNSON1.71%
5AMAZON.COM INC1.68%
6FACEBOOK INC1.64%
7BERKSHIRE HATHAWAY INC1.47%
8GENERAL ELECTRIC CO.1.41%
9JPMORGAN CHASE & CO1.35%
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
The compartment aims for the full and completephysical replication of the S&P 500 Index (hereinafterthe ?Benchmark Index?). It aims to achieve its investmentobjective by investing in a portfolio of transferablesecurities or other admissible assets comprisingall (or, on an exceptional basis, a substantial number)of the components of the index concerned.
Benchmark
  • S & P 500 Composite
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Fund managers
NameSinceBiography
David Billaux01/01/2012David Billaux is Index Fund Manager at Pictet Asset Managemet. He joined Pictet in December 2011. Previously, David was Quant Index Fund Manager and Vice President at Northern Trust Global Investments. Prior to that, he worked as Equity Index Fund Manager at HSBC Asset Management, where he was responsible for the passive asset management of domestic funds in the UK, Luxembourg funds invested in the US, and Saudi Arabian funds invested globally. He joined HSBC Investments in 2001 when he started working in the industry. David started his career working at HSBC Investments as a global equity fund manager assistant from 2001 to 2003. After this, he was a Global Equity Trader from 2003 to 2005 before being promoted to his current position. David holds a degree in Finance from the Reims Management School and a degree in Financial Engineering and International Treasury from the Institut Superieur du Commerce de Paris.
Stephane Cornet05/11/1999Stephane Cornet is a Senior Investment Manager for institutional clients, with responsibility for foreign equity indexation in the Quantitative Investment team. He joined Pictet & Cie in 1993. Previously he worked for a year at GOTTEX in Lausanne, where he specialized in interest rate swaps. Stéphane graduated from the University of Fribourg with a degree in Mathematics and a master degree in Economics. He holds a CFPI diploma.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, FE Passive Rateable, 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 USA Index HZ EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price184.85
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC27Y
Pictet USA Index I GBP
Initial charge-
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)-
Bid price154.84
Offer price154.9
Mid price-
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFX1K
Pictet USA Index I JPY
Initial charge5%
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price22310
CurrencyJPY
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFF8Y
Pictet USA Index I NAV GBP
Initial charge5%
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price154.87
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4RJ
Pictet USA Index I USD
Initial charge5%
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.34%
Bid price-
Offer price-
Mid price196.03
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeP786
Pictet USA Index I dy USD
Initial charge5%
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.34%
Bid price-
Offer price-
Mid price192.51
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC5L
Pictet USA Index IS USD
Initial charge5%
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.34%
Bid price-
Offer price-
Mid price197.68
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC3O7
Pictet USA Index P EUR
Initial charge5%
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)0.44%
Bid price-
Offer price-
Mid price180.94
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA0JC
Pictet USA Index P USD
Initial charge5%
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)0.44%
Bid price-
Offer price-
Mid price192.89
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXV37
Pictet USA Index P dy USD
Initial charge5%
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)0.44%
Bid price-
Offer price-
Mid price176.04
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC3O8
Pictet USA Index R EUR
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price174.74
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA0JD
Pictet USA Index R USD
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price186.28
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePW42
Pictet USA Index R dy GBP
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price141.06
Offer price148.113
Mid price-
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFX1L
Pictet USA Index R dy NAV GBP
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price141.06
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDMZ4
Pictet USA Index Z USD
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 price201.51
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDSZ2
Data provided by

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