Pictet-Asian Local Ccy Debt I GBP (FUND:B56KJ34) - Fund price


Fund Report

Pictet-Asian Local Currency Debt I GBP

Key Stats
Morningstar® CategoryAsia Bond - Local Currency
Manager Name-
Inception Date09/04/2010
NAV 20/11/2019GBP 138.90
Day Change0.59%
12 Month Yield0.00%
ISINLU0497795186
Dividend Frequency-
Net Assets (mil) 31/10/2019362.27 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time13:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge1.00%
Custody ChargeYes
Ongoing Cost0.94%
AMC1.05%
Fund Rebate0.05%

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

JPM JADE BROAD ASIA DIV COMPOSITE USD

Morningstar® Benchmark

Markit iBoxx ALBI TR USD

Growth Of 10,000 (GBP) 31/10/2019

How has this security performed
201420152016201720182019
Fund9.962.3922.091.244.085.16
Category8.980.3621.060.213.594.82
Benchmark10.942.7521.351.435.725.62
  • Fund: Pictet-Asian Local Currency Debt I GBP
  • Category: Asia Bond - Local Currency
  • Benchmark: Markit iBoxx ALBI TR USD
Trailing Returns % (GBP) 20/11/2019
FundCatBmark
YTD5.755.245.94
3 Years Annualised3.813.143.83
5 Years Annualised6.886.067.28
10 Years Annualised6.015.42-

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Compartment’s objective is to seek revenue and capital growth 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 Asian local emerging debt. The Compartment may invest up to 49% of its net assets in bonds and other debt securities denominated in RMB through (i) the QFII quota granted to an entity of the Pictet Group (subject to a maximum of 35% of its net assets) and/ or (ii) the RQFII quota granted to an entity of the Pictet Group. Investments in China may be performed, inter alia, on the China Interbank Bond Market (“CIBM”) directly, or through the QFII or the RQFII quota granted to the Managers for up to 49% of the Compartment’s net assets. 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.

Portfolio Profile31/10/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds204.5378.84125.70
Cash109.44135.30-25.86
Other0.610.450.17
Top Fixed Income Sectors
Fixed Income Sector%
Government93.28
Government Related32.27
Corporate Bond0.47
Future/Forward0.08
Covered Bond0.01
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseNdois Gs Inr 6.4050% 20.03.2020_Receive 2020-03-20India8.15
Korea 3yr Bnd Fut Dec19 2019-12-17Republic of Korea8.13
IncreaseNdois Gs Inr 6.4050% 20.03.2020_Pay 2020-03-20India8.11
New since last portfolioKorea 10yr Bnd Fu Dec19 2019-12-17Republic of Korea7.91
New since last portfolioIndia (Republic of) 8.24% 2027-02-15India6.36
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. 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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