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Pictet-USD Short Mid-Term Bonds-P-EUR

Ranked 2 out of 12 in - US Dollar Short Term over 12 months
All calculations are in EUR unless stated

Managed by

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.

Justine Vroman

Objective

The sub-fund seeks capital growth by investing at least two-thirds of its total assets in a diversified portfolio of short-term and medium-term bonds denominated in USD

Showing fund performance in Portugal View performance globally

Performance

US Dollar Short Term over : 31/08/2017 - 31/08/2018
  • Rank 2/12 Total Return
  • Rank 12/12 Standard Deviation
  • Rank 12/12 Max Drawdown
Fund Name Currency Return
1 Amundi Funds II US Dollar Short Term C No Dis EUR EUR

2.5%

2 Pictet-USD Short Mid-Term Bonds-P-EUR EUR

1.9%

3 PIMCO GIS US Short-Term E EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

4 Muzinich Short Duration High Yld Hdg EUR Acc R

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.4%

5 UBS (Lux) Bond S - Short Duration HY(USD)(EURh) Pa

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.7%

Fund Name Currency Risk
8 Mirabaud - US Short Term Credit AH Dis EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

0.8

9 Muzinich Short Duration High Yld Hdg EUR Acc R

Currency exposure is hedged

Currency exposure is hedged

EUR

0.9

10 UBS (Lux) Bond S - Short Duration HY(USD)(EURh) Pa

Currency exposure is hedged

Currency exposure is hedged

EUR

1.1

11 Amundi Funds II US Dollar Short Term C No Dis EUR EUR

6.8

12 Pictet-USD Short Mid-Term Bonds-P-EUR EUR

7.2

Fund Name Currency Loss
8 AXA WF US Credit Short Duration IG E C EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.6%

9 JPM US Short Duration Bond D Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.1%

10 PIMCO GIS Low Average Duration E EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.8%

11 Amundi Funds II US Dollar Short Term C No Dis EUR EUR

-6.4%

12 Pictet-USD Short Mid-Term Bonds-P-EUR EUR

-7.0%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -2.7% 5.6%
2017 -11.7% -1.1% -6.0% -3.3% -1.9%
2016 3.3% -1.3% 6.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

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

Fund Info

  • Launch date09/02/2016
  • Share Class size03Mn
  • Base currencyEUR
  • ISIN LU1361553693

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management0.30%
  • Initial investment0.30%

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