Fact sheet: Pictet Water

Fund information
Fund name
Pictet Water I dy GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Hans Peter Portnersince 30/04/2001
  • Simon Gotteliersince 01/01/2016
  • Philippe Rohnersince 08/02/2013
  • Arnaud Bisschopsince 01/02/2009
Fund objective
The sub-fund seeks capital growth by investing at least two-thirds of its total assets in the shares of companies operating in the water sector worldwide. The sub-fund favours companies operating in water supply, processing services, water technology and environmental services.
Benchmark
  • MSCI World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
24%
1 Year rank in sector
-
Sector
FO Commodity & Energy
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
£3,833m (£3,118m 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.
89
Top in this sector
Fund name1 Year
EGI Earth Gold105.7%
LLB Craton Cap Precious Metal82.5%
LLB Craton Capital Gbl Res71.1%
Baring Global Mining62.7%
SIA Long Term Invest Nat Res51.5%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • USA42.5%
    UK14.1%
    Others9%
    France7.5%
    China7%
  • Water90.5%
    Services8.6%
    Money Market0.9%
  • Commodity & Energy99.1%
    Money Market0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.9%2.8%14%24%46.5%93.8%
Sector0.9%1.8%6.7%15.7%-11.3%-23%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund25%5.7%9.1%20.4%11.5%
Sector20.9%-19.8%-9%-6.6%-3.4%
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.
16.07
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.
0.26
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.
1.08
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
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.
14.09
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.
1.44
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.
0.14
Price movement
52 week high254.13
52 week low184.11
Current bid price-
Current offer price-
Current mid price244.54
Region
1USA42.5%
2UK14.13%
3Others8.97%
4France7.51%
5China6.97%
6Japan6.42%
7Canada4.84%
8Brazil2.93%
9Switzerland2.65%
Industry sector
1Water90.48%
2Services8.59%
3Money Market0.93%
Asset type
1Commodity & Energy99.07%
2Money Market0.93%
Individual holdings
1VEOLIA ENVIRONNEMENT4.42%
2DANAHER CORP3.65%
3PENTAIR LTD3.54%
4XYLEM INC3.38%
5AMERICAN WATER WORKS CO INC3.23%
6WASTE CONNECTIONS INC3.18%
7SUEZ3.1%
8SEVERN TRENT PLC2.96%
9ROPER TECHNOLOGIES INC2.66%
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 operating in the water sector worldwide. The sub-fund favours companies operating in water supply, processing services, water technology and environmental services.
Benchmark
  • MSCI World
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Hans Peter Portner30/04/2001Hans Peter Portner joined Pictet Asset Management in 1997 and is Head of the Sector & Theme Funds team. He is a Senior Investment Manager responsible for the ‘Water’ and ‘Utility’ funds. He began his investment career in 1992 with UBS Brinson in Basel as Portfolio Manager for international equities, where he managed single country funds and capital preservation funds. In 1997 he joined Pictet Asset Management in Geneva as Senior Investment Manager for international equities, role he pursued in London from 1999 to 2001. Hans Peter is a Chartered Financial Analyst (CFA) charterholder and holds a Master’s degree in Economics from the University of Bern.
Simon Gottelier01/01/2016Simon joined Impax from Veolia (formerly Vivendi) Environment, where he was a Business Analyst in the finance department. His responsibilities included the analysis and modeling of potential investments and financing issues on the part of the Group's water businesses. Simon began his career in Investment Banking in 1998 at NM Rothschild and subsequently moved to Deutsche Bank where he provided strategic, M&A and financing advice to European and US clients across a broad range of industrial sub-sectors. Simon is currently involved in portfolio and sector research for Impax Environmental Markets. He has an honours degree in Modern Languages from the University of Bristol.
Philippe Rohner08/02/2013Philippe Rohner joined Pictet Asset Management having originally joined Pictet & Cie in 1998 as a sell-side financial analyst with responsibility for the Swiss Chemicals sector. He is a Senior Investment Manager in the Specialist Equities team. He manages the Pictet Water Fund. Philippe is a Sector Specialist for the PAM Energy & Materials Sector Team. Before joining Pictet, he worked in the petroleum and chemicals industries with Texaco and Ciba-Geigy respectively, having held various operational and corporate level positions in Switzerland, the US and UK. Philippe is a graduate in Industrial & Engineering Chemistry (BSc University of South Carolina; MSc Lamar University; Dr. sc. techn. Swiss Federal Institute of Technology) and holds an MBA in Finance from the University of Strathclyde in the UK.
Arnaud Bisschop01/02/2009Arnaud Bisschop joined Pictet Asset Management in 2007 as an Investment Manager in the Sector and Theme Funds team. He is responsible for the Water funds. Before joining Pictet, he worked for Lyonnaise des Eaux (Suez Group) as a project leader in the Sales Department and previously was a Senior Consultant in the Sustainability Services Team of Ernst & Young in Paris. Arnaud graduated as an Engineer from the Ecole Polytechnique (Paris) and the Ecole Nationale du Genie Rural, des Eaux et des Forêts (Paris), holding Master of Science degrees.
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, Chile, Cayman Islands, Cyprus, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Italy, Liechtenstein, Luxembourg, Macau, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden, Taiwan - Province Of China
Pictet Water HI CHF
Initial charge-
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)-
Bid price-
Offer price-
Mid price327.7
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXOK
Pictet Water HI USD
Initial charge5%
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)-
Bid price-
Offer price-
Mid price343.82
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFUXT
Pictet Water HP CHF
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.08%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price316.96
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF32N
Pictet Water 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)2.07%
Bid price-
Offer price-
Mid price346.58
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEJC6
Pictet Water 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)2.91%
Bid price-
Offer price-
Mid price312.2
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEJC7
Pictet Water 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)1.21%
Bid price-
Offer price-
Mid price305.06
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXV42
Pictet Water I JPY
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)1.21%
Bid price-
Offer price-
Mid price36875
CurrencyJPY
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8HC
Pictet Water 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)1.21%
Bid price-
Offer price-
Mid price323.62
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQ575
Pictet Water 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)1.21%
Bid price-
Offer price-
Mid price301.69
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC5M
Pictet Water 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)1.21%
Bid price-
Offer price-
Mid price244.54
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGLO1
Pictet Water 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)2.01%
Bid price-
Offer price-
Mid price269.39
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePE45
Pictet Water 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)2.01%
Bid price-
Offer price-
Mid price285.77
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ574
Pictet Water 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)2.01%
Bid price-
Offer price-
Mid price263.01
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA1H8
Pictet Water 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)2.01%
Bid price-
Offer price-
Mid price224.23
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCHP4
Pictet Water 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)2.71%
Bid price-
Offer price-
Mid price242.66
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXV43
Pictet Water 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)2.71%
Bid price-
Offer price-
Mid price257.4
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ573
Pictet Water Z EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.17%
Bid price-
Offer price-
Mid price327.96
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEOO5
Pictet Water Z GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)0.17%
Bid price-
Offer price-
Mid price254.99
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMFM
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