Pictet - Digital HP EUR (IX90)

Overview

Pictet - Digital HR EUR is a UCITS-compliant sub-fund within a Luxembourg-based SICAV, initiated on January 22, 2016. The primary aim of this fund is to achieve capital appreciation through investments primarily concentrated in equities of companies delivering digital products and services globally, including emerging markets and Mainland China. The fund allocates a minimum of two-thirds of its assets to businesses that offer digital interactivity solutions. The breakdown of asset allocation is as follows: enterprise software (50.75%), consumer applications (29.78%), enabling technologies (17.31%), and a minimal amount in cash equivalents. The primary geographic focus is on the United States (75.50%) with additional exposures in the Netherlands, Canada, and Taiwan. Pictet Asset Management actively manages the fund utilizing market and fundamental analyses to select growth-oriented securities at fair valuations. Performance and risk tracking are benchmarked against the MSCI AC World Hedged to EUR index. This fund is classified under SFDR Article 9, indicating a target towards environmentally and socially sustainable economic activities. It emphasizes ESG integration, with 98% of the portfolio covered, maintains low exposure to controversial events (0.07%), and demonstrates active stewardship through a robust proxy voting record (87.53% in favor of management resolutions). The fund is denominated in EUR, accrues dividends, maintains an asset size of around EUR 4.18 billion spanning 44 positions, a cost ratio ongoing of 2.75%, and is recommended for investors with a minimum investment horizon of five years.

Products and Services

• UCITS-compliant sub-fund:

  This fund adheres to the stringent regulations set forth by the UCITS framework, ensuring a level of investor protection and financial transparency that facilitates investment across borders in Europe.

• Equity Investments in Digital Companies:

  Pictet - Digital HR EUR primarily invests in equities that are focused on digital products and services, targeting companies across various sectors that demonstrate high potential for growth within this digital realm.

• Active Management:

  The fund is actively managed by Pictet Asset Management, which employs rigorous market and fundamental analysis to identify and select securities that are expected to achieve substantial growth while considering reasonable valuations.

• ESG Integration:

  With a commitment to environmental and social governance factors, the fund incorporates extensive ESG criteria into its investment decisions while ensuring that the portfolio reflects responsible and sustainable investment practices.

• Geographic Diversification:

  The fund is heavily weighted towards the United States, with significant allocations also in countries such as the Netherlands, Canada, and Taiwan, which enhances the fund's exposure to various digital markets and innovation landscapes.

• Benchmarking and Performance Monitoring:

  Performance and risk metrics are benchmarked against the MSCI AC World Hedged to EUR index, providing a clear standard of comparison to measure the fund's performance within the global equity market context.

• Long-term Investment Horizon:

  Investors are advised to consider a minimum investment horizon of five years, aligning with the fund's strategy of capturing long-term growth opportunities in the digital economy.