Pictet-Latin Amer Lcl Ccy Dbt I GBP (FUND:B96TPS6) - Overview

Fund Report

Pictet-Latin American Local Currency Debt I GBP

Key Stats
Morningstar® CategoryOther Bond
Manager NameSimon Lue-Fong
Inception Date14/12/2012
NAV 08/12/2016GBP 97.02
Day Change0.60%
12 Month Yield0.00%
ISINLU0859266321
SEDOLB96TPS6
Dividend Frequency-
Net Assets (mil) 31/10/2016271.62 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time12:15:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge1.00%
Custody ChargeYes
Fund Ongoing Charge0.98%
AMC1.05%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

JPM GBI-EM Global Latin America TR USD

Morningstar® Benchmark

Not Categorized

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

How has this security performed
20122013201420152016
Fund3.30-12.433.07-18.1235.85
  • Fund: Pictet-Latin American Local Currency Debt I GBP
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 08/12/2016
Fund
YTD35.86
3 Years Annualised3.98
5 Years Annualised0.51
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 fund aims to achieve its investment objective 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 Latin American local emerging debt. Emerging countries in Latin America are defined as those considered, at the time of investing, as industrially developing countries by the International Monetary Fund, the World Bank, the International Finance Corporation (IFC) or one of the leading investment banks. These countries include, amongst others, Brazil. The fund may invest more than 10% and up to 65% of its net asset value in securities issued or guaranteed by a single country (including its government, a public or local authority of that country) with a credit rating below investment grade (such as Brazil and Argentina).

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
Bonds96.960.3496.63
Cash117.10115.711.39
Other3.161.181.98
Top Fixed Income Sectors
Fixed Income Sector%
Government98.03
Cash & Equivalents2.12
Corporate Bond0.56
Government Related0.00
Future/Forward-0.72
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseBrazil Federative Rep 10% 2021-01-01Brazil6.25
IncreaseSecretaria Tesouro Nacl 10% 2023-01-01Brazil6.01
DecreaseBrazil Federative Rep 2019-01-01Brazil5.98
IncreaseBrazil Federative Rep 10% 2025-01-01Brazil4.66
IncreaseBrazil Federative Rep 2020-07-01Brazil4.61
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