Pictet TR – Atlas P EUR (Z750)

Overview

Pictet TR – Atlas P EUR is a specialized sub-fund under a Luxembourg-domiciled Société d'Investissement à Capital Variable (SICAV), managed by Pictet Asset Management. Since its inception in 2016, this equity long/short fund has pursued a strategy aimed at achieving long-term capital appreciation while prioritizing capital preservation. The fund employs an active investment approach, targeting global equities—including investments in emerging markets and Mainland China—across diverse sectors and currencies.

With a strong emphasis on fundamental analysis, the investment manager identifies undervalued growth stocks for long positions, while seeking to short overvalued stocks. The fund also shows flexibility in adapting its investment criteria to align with environmental, social, and governance (ESG) principles, and actively exercises its voting rights to influence corporate governance. Dynamic adjustments to gross and net exposures are made to navigate market conditions, with particular focus on sectors such as technology supply chains, industrials, semiconductors, logistics, and healthcare services. Moreover, the strategy identifies shorting opportunities among companies susceptible to market disruptions. Denominated in EUR with an accumulating share class, the fund caters to professional investors aiming for absolute returns, irrespective of traditional performance benchmarks.

Products and Services

• Equity Long/Short Strategy

  This is the primary strategy of the fund, which seeks to generate returns through both long and short positions in equities. By going long on undervalued stocks and shorting overvalued ones, the fund can capitalize on market inefficiencies.

• Global Equity Investments

  The fund primarily invests in equities across the globe, encompassing both developed and emerging markets, including direct exposure to sectors within Mainland China. This diversification enhances the potential for capital appreciation.

• Dynamic Exposure Management

  The fund adjusts its gross and net exposure dynamically in response to market conditions, allowing for a tactical approach that can enhance risk-adjusted returns and protect capital during volatile periods.

• ESG Focused Investment

  Pictet TR – Atlas P EUR integrates environmental, social, and governance considerations into its investment process. The fund assesses companies based on ESG criteria, thereby aligning investment decisions with sustainable practices.

• Active Corporate Governance Engagement

  The fund actively exercises voting rights to influence the governance of companies in which it invests. This engagement aims to enhance shareholder value and promote responsible corporate behavior.

• Sector-Focused Investments

  The fund places special emphasis on sectors that are expected to exhibit strong growth or those that may face disruption. Specific sectors of interest include technology supply chains, semiconductors, logistics, and healthcare services.

• Allocation to Diverse Instruments

  In addition to equities, the fund is permitted to invest in a range of financial instruments including real estate investment trusts (REITs), money market instruments, derivative products, and structured financial products, providing further avenues for diversification and risk management.