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Pictet-Global Emerging Debt P dm USD
Pictet (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

Objectives and investment policy OBJECTIVETo increase the value of your investment, through income and investment growth. REFERENCE INDEXJP Morgan EMBI Global Diversified (USD). Used for portfolio composition, risk monitoring, performance objective and performance measurement. PORTFOLIO ASSETSThe Compartment mainly invests in a broad range of corporate and government bonds that are issued in emerging markets (including Mainland China). These may include Sharia-compliant bonds. The Compartment can invest across any sector, currency and credit quality. The Compartment may also invest in money market instruments. DERIVATIVES AND STRUCTURED PRODUCTSThe Compartment may use derivatives to reduce various risks (hedging) and for efficient portfolio management, and may use derivatives and structured products to gain exposure to portfolio assets. COMPARTMENT CURRENCYUSD INVESTMENT PROCESSIn actively managing the Compartment, the investment manager uses a combination of market and issuer analysis to build a diversified portfolio of securities it believes offer the best risk-adjusted returns relative to the benchmark. The Compartment's management approach uses strict risk controls. The investment manager may invest in issuers with any environmental, social, and governance (ESG) profile. It methodically exercises voting rights and may engage with issuers in order to positively influence ESG practices. The performance of the Compartment is likely to be significantly different from that of the benchmark, because the Investment Manager has significant discretion to deviate from its securities and weightings. Terms to understand Bonds Securities that represent an obligation to repay a debt, along with interest. Derivatives Financial instruments whose value is linked to one or more rates, indexes, share prices or other values. Emerging markets Markets of less economically developed nations, such as some nations in Asia, Africa, Eastern Europe and Latin America. Money market instruments Financial instruments designed to provide stable value, interest and a very low risk of loss, as well as being readily convertible into cash. Structured products Securities similar to derivatives, but with defined risk or performance characteristics. Other characteristics Designed for investors who understand the risks of this Compartment and plan to invest for 3 year(s) or more. This is a distribution share class, meaning that it intends to pay income to the holder. Orders to buy, switch or redeem shares are ordinarily processed on any day that is a full bank business day in Luxembourg.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Neutral
Neutral
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 22/06/2021156.74
Morningstar categoryGlobal Emerging Markets Bond
CurrencyUSD
Distribution statusDistributing
ISINLU0476845010
Inception Date23/02/2010
Minimum initial amount100.00 USD
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.37% of which 0.55% is paid to MeDirect
Fund management company
AddressPictet Asset Management (Europe) SA 15, avenue J.F. Kennedy Luxembourg L-1855 Luxembourg
Manager NameMary-Therese Barton
Manager Start Date01/05/2018
Websitewww.am.pictet
Total Net Assets (mil)3,368.01 USD (31/05/2021)
UCITSYes
AdministratorFundPartner Solutions (Europe) S.A.

Documents

Prospectus
en 30/03/2021
Annual Report
en 30/09/2020
Semi Annual Report
en 31/03/2020
Morningstar Report
25/06/2021

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
The performance in euro can be lower or higher than the performance in the currency of denomination of the fund due to fluctuations in exchange rates.
Annualised performance in USD
PeriodAnnualised returnDate
1 year6.96%22/06/2021
3 years6.36%22/06/2021
5 years3.99%22/06/2021
10 years4.70%22/06/2021
Since launch5.14%22/06/2021
Cumulative performance in USD
Performance
YTD 01/01/2021-2.21
1 month0.58
3 months2.73
6 months-1.64
Quarterly Returns
Q 1Q 2Q 3Q 4
2021-5.40%---
2020-13.43%13.60%2.14%7.25%
20196.29%3.78%1.44%2.06%
2018-2.02%-4.46%2.64%-2.28%
20172.68%1.30%2.20%1.21%
Dividend
Date ex dividendGross dividendPayment Date
21/01/20210.4927/01/2021
21/01/20200.5827/01/2020
22/01/20190.6628/01/2019
23/01/20180.7529/01/2018
23/01/20170.7527/01/2017
20/01/20140.7524/01/2014
21/01/20130.7525/01/2013
20/01/20120.7526/01/2012
20/01/20110.7526/01/2011
20/04/20100.6826/04/2010

Analysis

Asset Allocation
% Long% Short% Net Assets
Stock0.00%0.00%0.00%
Bond120.58%38.11%82.47%
Cash163.35%145.83%17.53%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
8.7311.669.64
Sharpe Ratio
1.200.430.37
Sortino Ratio
2.530.570.48
Positive Months8.0023.0038.00
Negative Months4.0013.0022.00
Worst Month-2.59-13.87-13.87
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
Future on 5 Year Treasury Note 30/09/2026United States2.12
Korea 10 Year Bond Future June 21 15/06/2031South Korea1.32
Future on 2 Year Treasury Note 30/09/2023United States1.23
Philippines (Republic Of) 3.95% 20/01/2040Philippines1.17
Egypt (Arab Republic of) 14.406% 07/07/2027Egypt1.16
Ecuador (Republic Of) 0.5% 31/07/2035Ecuador1.14
Uruguay (Republic of) 4.975% 20/04/2055Uruguay1.11
Mexico (United Mexican States) 3.75% 19/04/2071Mexico1.06
Uruguay (Republic of) 5.1% 18/06/2050Uruguay1.02
Egypt (Arab Republic of) 8.875% 29/05/2050Egypt0.99
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Fixed Income Style
Large
Interest Rate Sensitivity
Mid
Small
Value
Blend
Growth
Credit Quality
$
156.74
Closing Price
All key information and documents must be reviewed before being able to Invest.

© 2021 MeDirect Bank (Malta) plc. All rights reserved.
MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370). MeDirect Bank (Malta) plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994.