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Pictet - Global Sustainable Credit HI EUR

Ranked 45 out of 47 in - Euro Corporates over 12 months
All calculations are in EUR unless stated

Managed by

Mathieu Magnin

Frédéric Salmon

Frédéric Salmon was born in France in 1968. He graduated from the University of Paris XIII with a master's degree in management and also undertook advanced studies in finance at the University of Paris II. Frédéric started his career as a financial engineer for Banque Postale Asset Management in 1993. He became a money market portfolio manager in 1996 and a credit and convertible portfolio manager in 1998. He joined IXIS Asset Management in 2002 and was the head of credit. After three years, he became a senior credit portfolio manager. In 2006, Frédéric joined Pictet Asset Management where he is currently the head of investment grade credit. He has been managing funds for over 18 years and his investment process involves a dynamic and blended approach. He is a member of SFAF (French Society of Financial Analysts). Outside of fund management he enjoys skiing with his family and cycling, and his interests include history, sociology and philosophy.

Objective

This Compartment invests mainly in a diversified portfolio of bonds and other debt securities (including convertible bonds) issued by private companies across any sector. The investment process integrates an analysis of environmental, social and corporate governance (ESG) factors, using appropriate information sources, to define the investment universe and evaluate companies. The Compartment may invest in any country, including emerging countries. Investments may be denominated in USD or EUR or in other currencies as long as the securities are generally hedged in USD.

Showing fund performance in Portugal View performance globally

Performance

Euro Corporates over : 31/03/2017 - 31/03/2018
  • Rank 45/47 Total Return
  • Rank 42/47 Standard Deviation
  • Rank 46/47 Max Drawdown
Fund Name Currency Return
43 Caixagest Obrigacoes EUR

0.5%

44 AXA WF Euro Credit IG E C EUR EUR

0.3%

45 Pictet - Global Sustainable Credit HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.1%

46 Amundi Funds II Euro Corporate Bond C No Dis EUR EUR

-0.2%

47 Eurizon Fund Bond Corporate EUR Short Term R EUR

-0.3%

Fund Name Currency Risk
40 Schroder ISF EURO Credit Conviction B Acc EUR

1.9

41 Amundi Fds Bond Euro Corporate - AE (C) EUR

2.0

42 Pictet - Global Sustainable Credit HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.2

43 Capital Group Euro Corporate Bond (LUX) B EUR EUR

2.2

44 Morgan Stanley Euro Corporate Bond AD EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.2

Fund Name Currency Loss
43 Morgan Stanley Euro Corporate Bond AD EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.9%

44 Deutsche Invest I ESG Global Corporate Bonds ID EUR

-2.1%

45 Nordea 1 - European Financial Debt E EUR EUR

-2.3%

46 Pictet - Global Sustainable Credit HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.3%

47 GAM Star Credit Opportunities (EUR) C EUR Acc EUR

-2.4%

Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 1.5% -0.1% 0.1% 1.1% 0.5%
2016 4.7% 3.4% 1.5% 1.6% -1.8%
2015 -1.7% 1.2% -3.2% -1.1% 1.5%
2014 8.6% 2.3% 2.6% 1.9% 1.6%
2013 1.4% 0.5% -0.8% 1.2% 0.6%
2012 10.2% 4.3% -0.3% 3.4% 2.4%
2011 3.0% -0.6% 1.6% 0.3% 1.6%
2010 2.0% -1.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Cyprus
  4. Denmark
  5. Finland
  6. France
  7. Germany
  8. Greece
  9. Italy
  10. Liechtenstein
  11. Luxembourg
  12. Netherlands
  13. Norway
  14. Portugal
  15. Singapore
  16. Spain
  17. Sweden
  18. Switzerland
  19. United Kingdom

Fund Info

  • Launch date28/06/2010
  • Share Class size38Mn
  • Base currencyEUR
  • ISIN LU0503630070
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management0.40%

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