PPMF CH-Physical Gold-I dy CHF

The subfund's investment objective is to offer investors an alternative to investing directly in physical gold, with the aim of tracking the changing price of gold after deducting the costs and commissions associated with the subfund.
The subfund invests, after deduction of the liquid assets, at least 85% of its total assets in:
- Physical gold in the form of standard bars weighing around 12.5 kg of a purity of not less than 995 thousandths. The market price is determined with due regard to the purity of the bars and ingots; and
- Physical gold in the form of ingots of different exact weights of a purity of not less than 995 thousandths. These ingots may be of the following exact weights only: 1 kg, ½ kg, ¼kg, 200g, 100g, 50g, 20g, 10g, 5g, 100 ounces, 50 ounces, 25 ounces, 10 ounces, 5 ounces and 1 ounce.

Key stats

Management firm  Pictet Funds SA, Geneva
Domicile  Switzerland
Fund Administrator  FundPartner Solutions (Europe) S.A.
Global Branding Name  Pictet
Fund currency  CHF
Net Assets Date  2014-03-31
Net Assets  C386,109,670
Launch Date  2009-09-30
ISIN  CH0104849721
SEDOL  B3PT938
Manager 1 Name  Phillipe Pol
Manager 2 Name  Cyril Camilleri
Fund Strategy  Commodities - Precious Metals
Benchmark  Not benchmarked
Fund Structure  FCP
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-03-31
Return - 1 Month  -2.35%
Return - 2 Months  1.00 %
Return - 3 Months  6.27%
Return - 6 Months  -5.17 %
Return - 9 months  1.21 %
Return - 12 Months  -24.71%
Annualized return 24 months  -13.06 %
Annualized return 36 months  -4.80 %
Annualized return 48 months  -0.91 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  1.93%
Return YTD  6.27%

Charges

Initial  5.00 %
Minimum Investment  C1,000,000
Maximum Managment Charge  0.20 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Route des Acacias 60,
Contact city  Geneve 73
Contact country  Switzerland
Fund Admin Group  Pictet Funds SA, Geneva
Web Address  www.pictetfunds.com
Custodian  Banque Pictet & Cie SA

Price

Last Price Date  2014-04-10
Pre-tax nav  114.95
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  C1.02
Price change (percentage)  0.90 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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