Pictet-Sovereign Short-Term MM USD P (FUND:B3FLYT5) - Overview

Fund Report

Pictet-Sovereign Short-Term Money Market USD P

Key Stats
Morningstar® CategoryUSD Money Market - Short Term
Manager Name-
Inception Date16/06/2008
NAV 09/12/2016USD 102.74
Day Change0.01%
12 Month Yield0.00%
ISINLU0366537446
SEDOLB3FLYT5
Dividend Frequency-
Net Assets (mil) 31/10/2016370.25 USD
Wrapper AvailabilitySIPP & DA
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge1.00%
Custody ChargeYes
Fund Ongoing Charge0.17%
AMC0.30%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

N/A

Morningstar® Benchmark

Citigroup USD Eurodeposit 3 Month USD

Growth Of 10,000 (USD) 30/11/2016

How has this security performed
20122013201420152016
Fund0.180.070.010.170.48
Category0.120.06-0.040.010.29
Benchmark0.410.310.220.370.72
  • Fund: Pictet-Sovereign Short-Term Money Market USD P
  • Category: USD Money Market - Short Term
  • Benchmark: Citigroup USD Eurodeposit 3 Month USD
Trailing Returns % (USD) 09/12/2016
FundCatBmark
YTD0.520.360.74
3 Years Annualised0.230.160.45
5 Years Annualised0.190.130.41
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The investment objective of the compartment is to offer investors the opportunity to invest in a vehicle that preserves capital and stability of value while obtaining a return in line with money market rates, having a high level of liquidity and observing a policy of risk spreading. The compartment principally invests its assets in money market instruments and other debt securities with the minimum rating criterion equivalent to “AAA”. The average weighted maturity of the portfolio cannot exceed 60 days and the average weighted lifetime cannot exceed 120 days. The compartment’s investment horizon will primarily be short-term.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds9.160.009.16
Cash91.440.5990.84
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Cash & Equivalents92.64
Corporate Bond5.61
Government Related1.75
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Netherlands (Kingdom of) 2016-11-30Netherlands6.20
IncreaseIntl Bk Recon&Dv 0.375% 2016-12-15Supranational5.32
New since last portfolioDenmark(Kingdom) 2.5% 2016-11-15Denmark5.16
IncreaseTbi Denmark 011216 Sr 2016-12-014.76
Kreditanstalt Fur Wiederaufbau 1.5% 2017-02-21Germany4.75
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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