Pictet-Emerging Local Currency Debt I USD

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Performance History31/05/2021
Growth of 1,000 (GBP) Advanced Graph
Pictet-Emerging Local Currency Debt I USD
Fund2.3-1.77.42.1-6.2
+/-Cat-2.10.80.32.6-0.3
+/-B’mrk-2.9-1.3-1.62.6-0.3
 
Key Stats
NAV
17/06/2021
 USD 192.74
Day Change -0.19%
Morningstar Category™ Global Emerging Markets Bond - Local Currency
ISIN LU0255798018
Fund Size (Mil)
18/06/2021
 USD 2934.51
Share Class Size (Mil)
17/06/2021
 USD 446.46
Max Initial Charge 5.00%
Ongoing Charge
11/05/2021
  0.93%
Morningstar Research
Analyst Report

This strategy has evolved since Mary-Therese Barton and Alper Gocer took the reins three years ago, as its more-aggressive recent risk profile suggests. While the dust is still settling on the new setup, the strategy retains its Morningstar...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAverage
ParentAverage
ProcessAverage
Performance
Price
Investment Objective: Pictet-Emerging Local Currency Debt I USD
The Compartment’s objective is to seek income and capital growth by investing a minimum of two-thirds of its total assets/total wealth in a diversified portfolio of bonds and other debt securities linked to local emerging debt. The Compartment may invest up to 30% of its net assets in bonds and other debt securities denominated in RMB through (i) the QFII status granted to an entity of the Pictet Group (ii) the RQFII status granted to an entity of the Pictet Group and/or (iii) Bond Connect. Investments in China may be performed, inter alia, on the China Interbank Bond Market (“CIBM”) directly or through the QFII or the RQFII status granted to the Managers or through Bond Connect. Investments in China may also be performed on any acceptable securities trading programmes which may be available to the Compartment in the future as approved by the relevant regulators from time to time.
Returns
Trailing Returns (GBP)17/06/2021
YTD-5.48
3 Years Annualised2.53
5 Years Annualised3.51
10 Years Annualised1.42
12 Month Yield 0.00
Management
Manager Name
Start Date
Mary-Therese Barton
01/05/2018
Alper Gocer
01/05/2018
Inception Date
26/06/2006
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
JPM GBI-EM Global Diversified TR USDJPM GBI-EM Global Diversified TR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Pictet-Emerging Local Currency Debt I USD31/05/2021
Fixed Income
Effective Maturity7.33
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond183.4093.1090.30
Property0.000.000.00
Cash353.54345.288.26
Other0.000.12-0.12

Related

In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

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