Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Pictet-Emerging Local Currency Debt-HI dm GBP

Ranked 23 out of 39 in - Emerging Markets Global Local Currency over 12 months
All calculations are in GBP unless stated

Managed by

Simon Lue-Fong

Simon Lue-Fong joined Pictet Asset Management in 2005 as a senior investment manager and is currently the head of global emerging debt. Prior to this he worked for Standard Asset Management and was with Invesco from 2000 t0 2003 as a senior investment manager within the emerging markets debt teams. Simon started his investment career with Fischer Francis Trees & Watts in 1996 as an investment manager before becoming the head of emerging market debt.

Objective

The fund'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.

Showing fund performance in United Kingdom View performance globally

Performance

Emerging Markets Global Local Currency over : 30/04/2015 - 30/04/2016
  • Rank 23/39 Total Return
  • Rank 28/39 Standard Deviation
  • Rank 15/39 Max Drawdown
Fund Name Currency Return
21 Rubrics Emerging Markets Fixed Income UCITS F GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-0.9%

22 Schroder ISF Em Mkt Local Ccy Bond GBP A Acc GBP

-1.4%

23 Pictet-Emerging Local Currency Debt-HI dm GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.6%

24 PARVEST Bond Best Select Wld Emerging C D GBP GBP

-2.2%

24 BlueBay Em Mkt Local Currency Bond D GBP (QIDiv)

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.2%

Fund Name Currency Risk
26 Goldman Sachs Gro&EM Debt Local Pf OCS GBP GBP

11.5

27 SLI Glo SICAV EM Local Curr Debt AH GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

11.7

28 Pictet-Emerging Local Currency Debt-HI dm GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

12.7

29 First State Em Mkts Loc Curr B Hdgd GBP Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

13.0

30 Julius Baer BF Local Emerging-GBP A

Currency exposure is hedged

Currency exposure is hedged

GBP

13.4

Total Return

Quarterly Performance

to 31/03/2016 Annual Q1 Q2 Q3 Q4
2016 10.2%
2015 -14.3% -4.3% -1.5% -9.1% 0.0%
2014 -6.1% 2.0% 3.2% -5.6% -5.5%
2013 -7.3% -1.3% -1.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Chile
  3. Cyprus
  4. Finland
  5. France
  6. Germany
  7. Greece
  8. Liechtenstein
  9. Luxembourg
  10. Netherlands
  11. Portugal
  12. Singapore
  13. Sweden
  14. Switzerland
  15. United Kingdom

Fund Info

  • Launch date12/03/2013
  • Share Class size02Mn
  • Base currencyGBP
  • ISIN LU0897071535
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management0.60%

Related News

Performance review: How Coutts’ Higgins is preparing for 10% US correction

Coutts’ CIO Alan Higgins said tightening by the US Federal Reserve next year could result in a 10% correction in US equities, which investors should view as a buying opportunity.

EM debt assets double as Pictet tops chart

The emerging market bond sector saw its assets rise to €96.4 billion by the end of July as Pictet, Schroders and Ashmore led the way in the group's with most assets category, according to the latest Lipper report.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).