Pictet Nutrition I GBP

  • 26205.00p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • -
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 5.00% 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.80%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 1.21%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.00%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 11 June 2021

The fund invests in equities that derive a significant proportion of their earnings from agriculture. The manager believes that he can manage volatility by investing in companies that have a competitive advantage through the efficient use of resources. This should make the companies less susceptible to the underlying commodity price changes. The manager, Gertjan Van de Geer, was externally hired by Pictet specifically to manage this fund which is unusual for the fund house.

Fund summary

Sector Specialist
Structure OFFSHORE FUND
Launched September, 2009
Size £905m
Yield 0.00%
Charging basis
Dividends paid

Charges

Standard initial charge 5.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.80%
Ongoing charges figure 1.21%

Allocation

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Investment process

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.38%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Gertjan van der Geer

van der Geer joined Pictet Asset Management in 2008 and is a Senior Investment Manager in the Sector & Theme Funds team. Before joining Pictet, der Geer worked for two years at Robeco in Rotterdam as a senior portfolio manager for the Food & Agriculture Fund. der Geer began his career in 2000 at Fortis MeesPierson as an asset manager in the Private Banking division. der Geer graduated with a degree in Business Economics and Financial Economics from the Free University of Amsterdam. He is a certified EFFAS (European Federation of Financial Analysts Societies) financial analyst.

Track record

The track record of Gertjan van der Geer in managing mutual funds in this sector is still too short for us to draw any meaningful conclusions and so our assessment is based largely on qualitative aspects.

Periods of worst performance

Absolute -16.00% (March 2010 - June 2010)
Relative -8.00% (June 2009 - September 2009)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

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Key Investor Information

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