Download pictet emerging local currency debt "r" acc

PICTET EMERGING LOCAL CURRENCY DEBT "R" ACC
30th June 2017
Investment Objective
Overview
The fund aims to achieve its investment objective by investing a minimum of two-thirds of its total assets or wealth in a diversified
portfolio of bonds and other debt securities linked to local emerging debt. Emerging countries are defined as those considered,
at the time of investing, as industrially developing countries by the International Monetary Fund, the World Bank, the International
Finance Corporation (IFC) or one of the leading investment banks, which include, amongst others, Brazil. It may invest more than
10% and up to 20% of its net asset value in securities issued or guaranteed by a single country (including its government, a public
or local authority of that country) with a credit rating below investment grade (such as Brazil, Argentina, Hungary, Vietnam and
Sri Lanka).
Classification
Allfunds Category
European Fund Classification
Fund Benchmark
JPM GBI-EM Global Div. Comp.
Inception
27/06/2006
Code
ISIN
LU0255798364
Currency
Class R
Emerging Global Emerging F. I.
Bond Emerging Global Local Currency
USD
Domicile
Cumulative Performance
Benchmark
Luxembourg
JPMorgan EMBI Global Composite
UCI
Name
Legal Structure
CNMV
PICTET
SICAV
-
UCITs
Yes
Minimum Investment
Initial
Subsequent
1 Shrs.
0 Shrs.
Fees
Fund
Benchmark
Allfunds Category Index
Daily
Weekly
-0.67 %
-0.10 %
-0.11 %
-0.81 %
-0.40 %
0.92 %
1 month 3 months 6 months
-0.71 %
-0.26 %
0.78 %
2.14 %
2.21 %
4.55 %
6.83 %
6.20 %
10.19 %
1 year
3 years
5 years
Inception
1.94 %
5.52 %
6.56 %
-13.98 %
14.59 %
-5.12 %
-13.97 %
28.83 %
6.84 %
54.27 %
129.24 %
66.52 %
Benchmark
Allfunds Category Index
1.75%
(17/02/2017)
2.12%
5.00%
3.00%
Initial Max.
Exit Max.
Annual Performance
Fund
Management
Distribution
Performance
OCF
2017 (YTD)
6.83 %
6.20 %
10.19 %
2016
6.96 %
10.19 %
6.30 %
2015
-15.24 %
1.23 %
-9.84 %
2014
-7.18 %
5.53 %
-4.45 %
2013
-11.56 %
-6.58 %
-4.84 %
2012
14.60 %
18.54 %
16.76 %
2016
10.04 %
1.86 %
1.77 %
-6.24 %
2015
-4.75 %
-1.67 %
-9.34 %
-0.17 %
2014
1.57 %
2.90 %
-5.87 %
-5.65 %
2013
-0.93 %
-7.54 %
-1.58 %
-1.91 %
2012
7.91 %
-1.85 %
4.14 %
3.90 %
AUM
AUM Date
Fund
Class
30/06/2017
5,187.2259
(mill.) USD
59.7729 (mill.)
USD
Quarterly Performance
Quarter 1
Quarter 2
Quarter 3
Quarter 4
2017
4.59 %
2.14 %
-
Statistics
Calculation period 3 years. Data calculated with daily values
Annualized
Return
Volatility
Sharpe Ratio
Maximum
Drawdown
Fund
-4.89 %
10.07 %
-0.47
-28.63 %
Benchmark
4.64 %
5.22 %
0.93
-8.23 %
Correlation
R2
Beta
Alpha
T.E.
Info Ratio
Jensen
Alpha
Treynor
Ratio
0.46
0.21
0.89
-9.03 %
8.95 %
-1.07
-8.68 %
-5.25
PICTET EMERGING LOCAL CURRENCY DEBT "R" ACC
30th June 2017
Charts
Geographic Breakdown
Sector Breakdown
Top ten holdings
Data to 05/2017
1.
BRAZIL NTN-F 10% 01.01.2021 UNS
2.13%
2.
BRAZIL-LTN ZERO% 01.01.2019 UNS
1.94%
3.
REP SOUTH AFRICA 10.5% 21.12.2026 UNS
1.84%
4.
NDIRS JPMCHA TWD 2.0000% 28.10.2017
1.81%
5.
NDIRS MS TWD 2.03% 28.10.2017
1.52%
6.
COLOMBIA TES 10% 24.07.2024 SR
1.49%
7.
MEXICAN BONOS 6.5% 10.06.2021 SR
1.46%
8.
THAILAND GOVT 1.2% 14.07.2021 SR
1.44%
9.
COLOMBIA TES 7.5% 26.08.2026 SR
1.38%
10. RUSSIA-OFZ 7.6% 14.04.2021 UNS
1.29%
Sources
PICTET & CIE (EUROPE) (LU): , UCI, Fund Benchmark, Inception, Dividends, Currency, ISIN, Initial Max., Exit Max., Annual Mgmt. Fee, Distribution Fee, Performance, Minimum
initial, Minimum Subsequent, AUM (mill.), Investment Objective, Prices used to calculate Performance and Statistics, Risk, Portfolio Breakdown, Fund Name, Domicile, OCF.
Allfunds Bank: Fund Type, Allfunds Category, Comparative Benchmark selection, Returns, Statistics, Charts.
Bloomberg: Comparative Benchmark prices.
European Fund Classification: European Fund Classification.
However, we have not independently verified the information obtained from these sources and so do not guarantee that it is accurate, adequate or complete.
Disclaimer
This document does not constitute a public offer of securities in the United Arab Emirates and is not intended to be a public offer. This document is for information and illustrative purposes only; it is not an
rd
offer or solicitation to buy or sell any investment. ADCB will not be held liable for the information provided in this document which has been obtained from and prepared by 3 party sources. This document
should be read in conjunction with the Fund Prospectus, TermSheet and Subscription Agreement. Information included in this document is based on past performance; current valuationmay be higher or
lower and Return on Investment and Principal Amount value will fluctuate. Past performance does not guarantee future results. Investment products are not bank deposits and are not guaranteed by ADCB,
they are subject to investment risks, including possible loss of principal amount invested. This Fund is not intended for sale to US persons. Please refer to ADCB Terms & Conditions for Investment Services.