Pictet - Chinese Local Currency Debt - HP dm HKD/  LU2496634093  /

Fonds
NAV2024-11-14 Chg.-0.1000 Type of yield Investment Focus Investment company
871.3600HKD -0.01% paying dividend Bonds Bonds: Mixed Pictet AM (EU) 

Investment strategy

To increase the value of your investment, through income and investment growth. The Compartment mainly invests in a broad range of corporate and government bonds, money market instruments and deposits in Mainland China. The Compartment can invest across any sector and credit quality, and investments are either denominated in renminbi (RMB) or typically hedged to this currency. The Compartment may use derivatives to reduce various risks (hedging) and for efficient portfolio management, and may use derivatives and structured products to gain exposure to portfolio assets. In actively managing the Compartment, the Investment Manager uses a combination of market and issuer analysis to build a diversified portfolio of securities it believes offer the best risk-adjusted returns relative to the benchmark. The Investment Manager considers ESG factors a core element of its strategy by adopting a tilted approach which seeks to increase the weight of securities with low sustainability risks and/or to decrease the weight of securities with high sustainability risks, subject to good governance practices. Activities that adversely affect society or the environment are also avoided. There may be engagement with companies to positively influence ESG practices. For further information, please refer to our exclusion framework in the Responsible Investment policy, SFDR product category Article 8. The portfolio composition is not constrained relative to the benchmark, so the similarity of the Compartment's performance to that of the benchmark may vary.
 

Investment goal

To increase the value of your investment, through income and investment growth. The Compartment mainly invests in a broad range of corporate and government bonds, money market instruments and deposits in Mainland China. The Compartment can invest across any sector and credit quality, and investments are either denominated in renminbi (RMB) or typically hedged to this currency. The Compartment may use derivatives to reduce various risks (hedging) and for efficient portfolio management, and may use derivatives and structured products to gain exposure to portfolio assets.
 

Master data

Type of yield: paying dividend
Funds Category: Bonds
Country: China
Branch: Bonds: Mixed
Benchmark: Bloomberg China Composite (CNY)
Business year start: 10-01
Last Distribution: 2024-10-22
Depository bank: Bank Pictet & Cie (Europe) AG
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, Czech Republic
Fund manager: Cary Yeung
Fund volume: 222.34 mill.  EUR
Launch date: 2022-07-04
Investment focus: -

Conditions

Issue surcharge: 5.00%
Max. Administration Fee: 1.00%
Minimum investment: 0.00 HKD
Deposit fees: 0.08%
Redemption charge: 1.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Pictet AM (EU)
Address: 6B, rue du Fort Niedergruenewald, 2226, Luxemburg
Country: Luxembourg
Internet: www.am.pictet/de/germany
 

Assets

Bonds
 
100.00%

Countries

China
 
100.00%

Currencies

Chinese Yuan Renminbi
 
98.98%
US Dollar
 
1.01%
British Pound
 
0.01%